Stoney, seriously, I wrote on B1's thread yesterday that today would see a pop out of the gate and to to sell into it. If you'd follow that thread, you'd see this stuff. But whatever.
Generac Holdings Inc. (GNRC) scraping the lows on low vol... dangerous set up.... NYSE - Nasdaq Real Time Price. 118.29+0.23 (+0.19%)<----------- =
No, the bid is $2.90 now, but why not be cheap and try to get in cheaper. Low of the day so far is $2.97. I mean that's a safe price, but if the tide pulls out, why not try for cheaper.
GBA BUY: Enovix Corporation (ENVX) @$8.75 NasdaqGS - NasdaqGS Real Time Price. Currency in USD 8.73+0.16 (+1.81%)<---- GO TIME!
This Rodgers sugar trades by appointment. This is prob better bought off the TSX.-- Rogers Sugar Inc. (RSGUF)- 30 shares traded... really? Other OTC - Other OTC D 4.24000.0000 (0.00%) As of February 8 11:09AM EST.
<<<<< >>>>>>>> Wolfe Research predicted Wednesday that comments earlier this week from Fed Chair Jerome Powell pointed to near-term "upward pressure on equity markets." However, the firm reiterated its bearish outlook in the intermediate term, as the Fed remains largely hawkish on a longer time horizon. On Tuesday, stocks finished with solid gains after the Fed chief reiterated his view that the "disinflationary process" has begun, commentary that eased concerns that the central bank would be forced to rachet up its hawkish rhetoric after the employment data raised fears of ongoing inflationary pressures. Wolfe noted that the market particularly focused on the Fed chief's highlighting of tightening financial conditions since last week's stronger-than-expected jobs report. However, Wolfe showed some skepticism on this front. "While this is technically correct, the recent tightening has been very modest compared to the overall easing of financial conditions that’s taken place since November," the firm said. Wolfe also spotlighted a hawkish tone in other Powell remarks, especially when viewed over a longer time horizon. Specifically, the firm pointed to Powell's observations that the services sector has yet to see disinflation and that the Fed has a "significant road ahead" given lingering strength in the labor market. "From a trading perspective, Powell’s dovish comments on financial conditions are likely to outweigh longer-term hawkish rhetoric until convincing data shows that (1) inflation will remain 'sticky' above 3%, and/or (2) a relatively deep recession is imminent," Wolfe said.
How's it house money? Not until you close your calls its not. Unless you sold at a 3.3:1 ratio and didn't tell us. You're in at like $2.10 and they are $3 on the bid. The beat is priced in. Like I said, all eyes will be on the margins. No crap-shot, that will determine the direction. Regarding RAIN.... I mean what can they possibly divuldge in the fire-side chat that will move the stock. Any preliminary results that look positive will require an SEC filing, they can't sit there and speculate other than saying "we feel confident"... so really all it will be about is them repeating how wonderful this drug can be and the potential market for it if it gets approved. UNLESS, they file something today. It could happen.