_{Fedspeak: Yesterday morning St Louis Fed President Musalem gave comments that were consistent with a September cut, noting that “inflation seems to have returned to a path to 2%”, that the “tight job market is no longer posing upside risk to inflation”, and that “the time may be nearing when it will be appropriate to adjust rates”. Since the July FOMC meeting we have gotten appearances from Goolsbee (three times, more on him later), Daly, Collins, Barkin, Schmid, Bowman, Bostic, and Musalem. Harker spoke yesterday but did not comment on monetary policy. Of those, only Schmid and Bowman (the two most hawkish members of the FOMC) have made comments pushing back on the idea of a September cut. Bostic is now “open” to that move, and no other comments have been inconsistent with the idea of easing. Goolsbee has three scheduled appearances today: on NPR this morning, in a fireside chat mid-day, and on CNN just after the close. Those join appearances he has made on television with Bloomberg, CNBC, and Fox News since the FOMC decision. While nothing he has said should be considered extremely dovish or a surprise, we think it’s notable that one of the most committed FOMC doves has been so aggressively prominent in the media over the last two weeks, and furthermore that no centrist FOMC member has actively pushed back on market pricing or the September cut narrative. Next week we have scheduled speeches from Governor Waller, Atlanta Fed President Bostic, Vice Chair Barr (on cybersecurity; not likely a policy speech), and Chair Powell. July meeting minutes will be published Wednesday. Powell’s Friday speech will be extremely important. If he does not explicitly reject market pricing of a September cut, that policy move will be locked in.}

COIN looks nasty too, reversal today barely holding 200d

thank you!  you guys' diligent work is greatly appreciated. 

5280 here!!

Lived few blocks from Petco for about a decade. Steve that's awesome for your son, hope his final year college is even more successful. 

BABA weekly coiled into EPS thursday

ARHS hammer off 200d

@steve.....TSM bear flag nice look in newsletter. thank you

the exact word changes from this meeting to last..............

-Changes job gains from "strong" to "moderated"

-"UR moved up but remains low"

-Inflation from "elevated" to "somewhat elevated"

-Change from "inflation risks" to “both sides of dual mandate”

added Mar110p 15.26 mrna 

LOL shouldnt "we" all be dead by now? 

short this fn pig! massive mar110p buyer still in OI 

EPS wednesday after the close. insider sale every day nonstop for last 2 months. 

Apollo Global Management is raising its bet on the gaming market.

The New York private equity firm is buying Everi Holdings and the gambling and slot machine business of International Game Technology in a deal valued at about $6.3 billion. The transaction replaces a previous deal in which IGT said it would spin out its gaming arm and merge it with Everi to build a company generating about $2.7 billion in annual revenue.

As part of the retooled transaction announced Friday, Everi's shareholders are set to receive $14.25 a share in cash, a 56% premium to the last closing price, while IGT gets $4.05 billion of the gross proceeds for its IGT Gaming business.

IRBT squeeze em if ya got em!

anything leveraged more than 1x will have issues with correlating to price targets.  They reset daily, so the math becomes an issue.
tsla +10 one day to $110. Next day -10 back to $100.  The leveraged 1.25 or 2x tsla will not be back to even.  

getting push to $29+ ah

yes. weekly chart is f'n beautiful 

follow through 

IWM looking tired, ma ribbon super stretched. 
IWM from newsletter