GBA Presents: House of Gummy-!

stonedinvestor · Jul 9, 2023

Humidity today i am going to guess 156%. Put two lovelies in the field and absolutely drenched in sweat.

Heading back to the city. Quick watch list add--

Barons apparently did a story on some finance names and Bread was mentioned in a positive light-

#4 WATCH BFH

stonedinvestor · Jul 9, 2023

<<< GBA STOCKS FOR NEXT WEEK >>>

#1 WATCH- QFIN $18.20

#2 WATCH CTLP Cantaloupe, Inc. $7.65

#3 WATCH BKSY BlackSky Technology Inc. $2.10

#4 WATCH BFH $31.80

SQUEEZE THE SHORTS PLAY: BUY 1/2 FNGR AND THEN WHEN IT CLOSES ABOVE
$5.50 DOUBLE UP AND WATCH HER RUN.

vanzandt · Jul 9, 2023

stonedinvestor said:
"I feel better."

Dr- What did you do?

Six Gin & Tonics and 12 liquid Advils.

Really?

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Van the one thing we don't have now is time. It is a frantic race to the edge of a cliff.
Anything bought long term here at these levels is bound to fail hard.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

"The market is currently prioritizing the strong economy over fear of the Fed," the retired Wharton finance professor said in his weekly Wisdom Tree commentary, published on Wednesday. "We will see how long that can last."

The Federal Reserve's battle against historic inflation has centered on raising interest rates from nearly zero last spring to north of 5% today, and the US central bank has penciled in a couple more hikes this year. Higher rates boost the appeal of bonds and savings accounts relative to stocks, and typically erode corporate profits by increasing companies' interest costs and curbing demand from consumers and businesses. As a result, they tend to pull down the prices of stocks and other risky assets.

However, the US economy has proven resilient to the Fed's hikes, with growth and employment both holding up in recent months. Investors are betting on stocks because they believe the US can escape a recession, and companies can withstand the pressure of higher rates.

Siegel questioned why the Fed is still pressing forward with rate hikes even though inflation has dropped from a high of 9.1% last summer to 4% in May. He suggested that Fed officials may believe a buoyant economy will fuel inflation, even though current prices of oil and other commodities don't support that view.

"What surprises and disappoints me … is that the Fed continues to escalate its tightening and hawkish stance," he said.

And Now

I will reveal what has changed.- There was a rumor I got a whiff off through the HF community a white paper or proposal that was worked up internally at the Fed had been leaked.

I didn't mention it.

Then a Smart Money guy the one with the brown hair who is well kept up and is usually bullish-
he was taking the negative side of the market in a debate and he let loose with premise of the working paper which is... " MAYBE THE RATE HIKES ARE ACCOUNTED FOR NOW-- "

WHAT THIS MEANS IS HIGHLY SIGNIFICANT: WE HAVE ALL BEEN INVESTING WITH THE " LAG " IDEA FIRMLY IN OUR MINDS-- THAT THE FED HAD TO SLOW DOWN BECAUSE OF THE ' LAG " EFFECT OF AL THE PRIOR HIKES.

THEN A FED GOVERNOR IN A POST RATE DECISION SPEECH MENTIONED THAT EXACT PREMISE-- IT LOOKS LIKE ALL PRIOR HIKES ARE REFLECTED IN OUR CURRENT SITUATION-!

THIS IS NOT GOOD- ~si
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Glad to see you're finally coming around.
What have I been saying all along? The latter half of Q3 and Q4 are gonna be ugly. 2023 will close below 2022. How soon the front running on the end of Q3 starts is a tough call, that's why my call for the rally in June/July tentatively ends in week 3 or 4 of July.

stonedinvestor · Jul 9, 2023

OMG Van there is a cyber bug from the future trapped in your last post- I kept clawing at my screen I hate fruit flies. There is no way in hell this year closes below last year stop smoking the crack. Whenever a market goes up 20% from the bottom it always goes higher.

Everyone is so scared-- CORRECTIONS HAPPEN it's not the end of the world.

get ready...

China needs banks to lend- this company helps-

https://ir.qifu.tech/static-files/79e48413-0585-439e-8411-4c4f1d071fe9

Overnight · Jul 9, 2023

stonedinvestor said:
...

Everyone is so scared-- CORRECTIONS HAPPEN it's not the end of the world.
..
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According to you we're just now coming out of a 4% correction...?

stonedinvestor · Jul 9, 2023

Well most tech stocks are down near 6% from there highs already the Index which is all you seem to care about will register 4% down from the high this week and go a little past. Let me guess no skin in the game?

stonedinvestor · Jul 9, 2023

Silvercrest Asset Management Group LLC purchased shares in the stock of Cantaloupe, Inc.

The institutional investor bought 769,383 shares of the technology company’s stock, valued at approximately $3,347,000 during the fourth quarter last year. According to the most recent filing with the SEC, Silvercrest Asset Management Group LLC owned about 1.08% of Cantaloupe as of that date.

Cantaloupe is among the leading tech companies in America that specializes in developing software solutions and digital payment services for self-service kiosks and vending machines. Over the years, Cantaloupe has developed an impressive portfolio of state-of-the-art technologies that cater to diverse needs of the retail industry. Its products range from wireless enabled telemetry devices that provide real-time information on inventory status and sales data, to cashless payment solutions for a seamless customer experience.

stonedinvestor · Jul 9, 2023

stonedinvestor · Jul 9, 2023

Ok $4 would of been a lot better! Lot of insider buying @ $4 but no sellers after and HF buyers.

>> the stk is near a break out I think/ if we are careful we ought to be able to trade Cantaloupe.

stonedinvestor · Jul 9, 2023

In some ways you are who your customers are. Palinter is never going out of business and neither is BlackSky-- these guys have US Gov contracts and they are in the loop. The stk is too cheap despite being a SPAC-

Aerospace