Van I have no idea what stock you are talking about. Arquit. ? Maybe I was having a TA class and showing people patterns. I have no memory of this stock. We have certainly never recommended it as a buy. Here you go again trying to find some bad news about me when I have had my best week of the year and returned Elite Traders $50,000 of gains in 1 and a half weeks. try that sometime with your 3K of options... Just stop. what ext WKSP? It' just looks petty on your part. I thought you might say Great Call on the rally! It really was.
Breadth- 3-1 advancing stks to declining./ 9 of 11 S&P sectors participating. Large Cap tech in lead position. TRADING RESISTANCE COMES NOW 5,100- 5,200 I am leaning towards selling. Not now soon. This is a counter-trend rally. it is looking like we are heading down to my unfortunate year end target. 4,888. Maybe lower. When signs of the rally faltering takes place please be aware of these guideposts.
One clue: Number of new highs<-- That's pointing down as we go up. Another clue: U.S. Large Caps (SPX) vs Small Caps (SML): Broad markets never confirmed new 2024 highs… Talking heads have been saying buy small caps for the catch up trade what if it never happens? Another clue- Margin debt is at an all time high. The Nasdog is overbought and shows new highs in price but Lower highs in momentum. This all points to some sort of liquidity problem in the system... and I fear something will derail this rally fairly soon. 5,200<---- is a lighten up zone. and maybe more...
IPO watch: Cruise line operator Viking to go public as it looks to cash in on baby boomer buzz So far it doesn't look like I got any. I went through JP Morgan.
1 year Break Out-! PE 8.5 Elliot amassing huge stake Japanese company SSUMF Sumitomo Corporation @$25 $24.99 0.41(+1.69%)1:35 PM 04/26/24 Pink Limited Info |$USD |Market Close Company Profile Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts. It is involved in the development of renewable energy projects comprising power generation and power plant engineering, procurement, and construction activities; electricity retail; industrial facilities and equipment, water, transportation systems and infrastructure, airports, smart city project, environmental solutions, and storage battery businesses; development and operation of industrial parks; arranging insurance; and provision of logistics services. In addition, the company engages in the cable television, 5G related technologies, programming distribution, movies, digital media and video content, TV shopping, and e-commerce businesses; cell phone, ICT platform, digital solution, and venture capital businesses; provision of smart communications infrastructure; operation of food supermarkets and drugstore chains; trade of cement and building materials; and real estate businesses. Further, it develops and trades in coal, iron ore, manganese, uranium, non-ferrous and precious metals, petroleum, natural gas and liquefied natural gas, and commodity derivative transactions; trades in non-ferrous metal products, liquefied petroleum gas, storage batteries, carbon products, plastics, organic and inorganic chemicals, silicon wafers, LEDs, pharmaceuticals, agricultural chemicals, household insecticides, fertilizers, and veterinary drugs; engages in the investing activities; and provides electronics manufacturing services. Sumitomo Corporation was incorporated in 1919 and is headquartered in Tokyo, Japan.
Elliott Management builds 'large' stake in Sumitomo - report Amazon said to near streaming NBA deal; TNT, NBC square off- GBA predicted this
With SOFI I am expecting a good report. Their revenue has been gliding up for many qtrs now and it should continue. Yearly earn revisions 10 up 3 down./ rev growing at a 36% pace. 2024 we have them at $2.38 billion rev 2026 we have them at $3.4 billion rev Stock is out performing already up 38% for year.
TER had the most amazing earn report but we rode that wave... with a PE of 37 I don't think we can make this STOCK OF THE WEEK.
AMZN- I'm sure earn will be good and aren't they splitting their stock? or is that someone else? PE 43 Great chart move from $150... Not sold here.**