Those of us stuck in boring ass RBLX are wondering if we might ride on SNAP's coattails this morning.....
Did I just hear your boy Cramer say something about a half point initial hike and possibly 6 hikes total? That must have been one hell of a jobs report. Gummy of the day: sit on our hands and see what happens... or break out Granny's shorts?
This is a special situation because of the unusual & undeserving 20% downdraft yesterday I think you have to grab all of that back immediately and then figure out where the stock goes. $36-$38? Don't think of it as a 40% move think of it has a 23% move from where it should of been.
Yea we have a problem with this jobs report. The word had gone out to disregard the report because Omicrom effects. The report they said may even be negative. So It's not-- there is no Omicrom effect... That's a problem because folks like me that have been insisting and investing with the thought that the Fed would only do 3moves... Well we look stupid now. Especially in light of last months report being revised drastically higher. None of this is good for inflation.
Van it came to me in a flash and after a pipe hit-- SPROUT SOCIAL... do you remember them> This is the perfect stock for today to ping off SNAP's action I think. The stock is down from $100. The company provides a very popular social media management tool that is generating revenue growth north of >40% y/y. sells a social media management tool that helps specialists manage posts and engagement, Platform agnostic, and technology that is one-size-fits-all. Sprout Social has expertise across all the major social media platforms, including Facebook (FB), Instagram, Twitter (TWTR), Pinterest (PINS), Snap (SNAP), and even TikTok. Sprout Social's technology also uses a single code base that is applicable to all clients, meaning there is no need to custom-configure its solutions for any particular client. SPT- @$63 Is Your Gummy Of The Day
To some extent, but the algo's will be in control today. And yes, any retail shorts panicked and covered last night more than likely. The algo's know all, today's close will be dependent on the options, and not just those expiring today. They already know where they'll close this thing every Friday for the next month lol. For real. Retail is just along for the ride now, the whales are in charge.
Know what that means, our beloved ACC at $51. I'm still in. Maybe get back in? I think the Robo will be ok too btw. It might nip at $57 again, no biggie though.
The Q's seem to be digesting this ok. They're holding. It's a good sign for the high fliers, at least for today. The Robo should head up Stoney!