One thing that's bullish that's not making the rounds is how the gap and goes are holding, ie. AXP, TSM, MS, ...... Watching META.
I think you made the smart move. My sources tell me that wacky Gov has some unpleasant vote this week and I hope he loses and should lose but maybe that mouse Kingdom is going tp lose it's tax shelter... There's a vote I think Tomm!!! >>>
The Trade Desk, Inc. (TTD) There is mild 1 mo support here--- NasdaqGM - NasdaqGM Real Time Price. 51.86-0.84 (-1.59%)<------------ The problem is now we have to answer two questions. 1> how will TTD do at earn and 2> How will Mr Market be treating high PE tech stocks at the time. This Co it should be noted is debt free and has a tremendous amount of cash.
There is a high level of very ST option buying to boost names. This has been a recurring trick as of late and probably aids this gap N' hold you speak of. how much is real? I wonder.
The theory I am working off is the Fed speak tends to fix itself at the end. So i know there's reinforcement of Hawk message today and I'm sure tomorrow But I look for a mild reversal tomorrow and and UP Friday as whoever speaks that day i hope delivers a more dove message. Now I'm in the country and drinking already and not doing all the research who is talking and where they stand etc.. But just from past experience that's how it often unfolds...
Ya know last night in Biden's speech, I kinda read between the lines that he may give the FDA the nod to not be so persnickety when it comes to approving new cancer meds. I would have sworn our beloved RAIN would have been green today. It's down 5%.
Nailed it. They dropped to exactly where I said on the bid ask ---> .35/.40 $0.80 now. 100% WINNER STONEY! 27-0
I don't think that will move the needle one way or the other. If it only has to do with property tax on their holdings in FL. Drop in the bucket when you think about it. Unless there's more to it. Either way, a negative outcome is probably already priced in. They were talking about that months ago.