STONEY!!!!! You're back! Good job riding the VZ bottom call up from last week. We will be updating the market prognostications after the close today. I can't believe how many emails I'm getting. We are recomending selling CSX at a wash and closing Nextera for now. Restoration Hardware, another incredible VZ bottom call at $210ish is now at $241. The strong dollar helps these guys, but I think it has been priced in, take some off the table here at $240 and we'll get back in later. >>>> You're welcome Stoney!!!! #1 for a reason!
STONEY!!!!! Update. The members in the invite only Mensa Redditors' Discord room are predicting another new 52 week low for the Dow. This makes the savant slightly bearish going into next week. Proceed with caution. 30,875 dow 3827 SPX 11340 ndx
SOLD: RH $241.20 THO $79.10 BOUGHT: Helmerich and Payne (HP) $39.10 VZ's Gummy of the week>>> HP *This is not Hewlett Packard btw Another VZ stock that you'll only get here.
Color me surprised= FLYW has hung in tremendously well compared to EVERY other fintech stock... Flywire Corporation (FLYW)- NasdaqGS - NasdaqGS Real Time Price. 20.08+0.20 (+1.01%) As of 01:43PM EDT.
Looking at the S&P 500 right now, you might be convinced the stock market is destined for doom in 2022. The benchmark index rose nearly 27% last year. This year, it’s already down 20%. Plenty of stocks are deep into correction territory. Yet JPMorgan’s global head of equity macro research, Dubravko Lakos, sees a major rebound on the horizon. “People are basically positioned for a recession. Our base case is that this is not going to be a recession in the next 12 months,” Lakos told CNBC last month. “And we think from that angle the portfolios are wrong footed.” Lakos reiterated a year-end price target of 4,900 for the S&P 500. Since the index sits at 3,820 today, his target implies a potential upside of around 28%.
Fresh off some billion-eyeball success, Netflix (NASDAQ:NFLX) is planning a spin-off of hit seriesStranger Things,just part of a lucrative deal with series creators the Duffer Brothers. Creators Matt and Ross Duffer have deliveredone of Netflix's most enduring successes. Now their nine-figure deal with the streamer has resulted in their new label Upside Down Pictures, under which they will deliver the spin-off as well as a stage play set in theStranger Thingsworld. Upside Down is also working on a series adaptation of The Talisman,the novel by Stephen King and Peter Straub; a live-action version of anime hit Death Note;and an original series coming from the creators ofThe Dark Crystal: Age of Resistance. That's all in addition to the fifth and final season ofStranger Things.The just-finished fourth season has resulted in record viewing for Netflix(NFLX). These Duffer Bros are knocking the cover off the ball... what a great buyout Upside Down pictures would be for someone groovy Lions Gate type co..
Van! I stick with my premise that one way or another we have a huge rally in Aug. Hopefully that is sparked by peace in the Ukraine but maybe by a significant turn down in inflation. And the lack of an official recession. Then I fear people are going to realize, hey earn are in the dumps, growth has slowed to near zero and inflation is down but not that down... = STAGFLATION-! What we warned about all those threads ago.