KR daily  either or play

Posted by morton7 on 15th of May 2024 at 09:16 am

KR daily  either or play but im thinking down.

Beat me to it!

Posted by foody518 on 15th of May 2024 at 04:10 pm

Beat me to it!

KR coming down today. How

Posted by foody518 on 17th of May 2024 at 10:30 am

KR coming down today. How would you interpret yesterday's volume? 2x the recent avg on a day that was barely green. Hiding some larger selling?

im not holding wmt through

Posted by morton7 on 15th of May 2024 at 09:14 am

im not holding wmt through earnings.

USA Retail Sales (MoM) For

Posted by steve on 15th of May 2024 at 08:33 am

USA Retail Sales (MoM) For April 0.0% Vs 0.4% Est.; 0.6% Prior

Wow, retail sales not good

Posted by DigiNomad on 15th of May 2024 at 08:50 am

Wow, retail sales not good again. I don't think this really affects the AI overlord trade so much. They're in full-on battle mode and likely will be for I'd say a couple years at least. Most of them get their revenues from businesses and especially the government, so they're not as sensitive to this number.

This supports what I was saying yesterday about demand not necessarily being the reason for some of the commodity rallies we're seeing (Gold yes, Copper no)

Bullish ...    like higher

Posted by mla127 on 15th of May 2024 at 09:23 am

Bullish ...    like higher or lower CPI ... lol ... 

Core CPI (YoY) (Apr) +3.6%

Posted by steve on 15th of May 2024 at 08:32 am

Core CPI (YoY) (Apr) +3.6% vs +3.6% Est.

Core CPI (MoM) (Apr) +0.3% vs +0.3% Est.

Mostly inline. Inflation still pumping

Posted by DigiNomad on 15th of May 2024 at 08:40 am

Mostly inline. Inflation still pumping enough to hold up revenues. Didn't miss by more than .1 so option 2 is in play and we're likely bullish.

USA CPI (YoY) For April

Posted by steve on 15th of May 2024 at 08:31 am

USA CPI (YoY) For April 3.4% Vs 3.4% Est.; 3.5% Prior

USA CPI (MoM) For April 0.3% Vs $0.4% Est.; 0.4% PRior

NY Empire State Manufacturing Index

Posted by steve on 15th of May 2024 at 08:31 am

NY Empire State Manufacturing Index (May) -15.6 vs -9.9 Est.

Tuesday Newsletter

Posted by steve on 14th of May 2024 at 06:02 pm

LUNMF weekly - Lundin Mining

Posted by foody518 on 14th of May 2024 at 05:56 pm

LUNMF weekly - Lundin Mining

SILV—-announced solid earnings, decent beat.

Posted by shellson2 on 14th of May 2024 at 05:39 pm

SILV—-announced solid earnings, decent beat. Up a little AH

XRT - Chart Link - anyone

Posted by steve on 14th of May 2024 at 04:56 pm

XRT - Chart Link - anyone want to guess the top holding currently in XRT?

I bet Kitty knows

Boot Barn!?

Posted by steveo on 14th of May 2024 at 06:38 pm

Boot Barn!?

AI is not biased. Sure.

Posted by DigiNomad on 14th of May 2024 at 04:49 pm

AI is not biased. Sure. Ask it to generate this and watch what happens:

Janet yellen in WWII style patriotic poster with money printer and caption reading "Can't stop. Won't stop. Saving democracy 1 trillion at a time"

I used CoPilot so of course I'm going to get all the lefty filters for "intelligence" born and raised in the Bay Area. 

oh my, check the wording

Posted by steveo on 14th of May 2024 at 07:42 pm

oh my, check the wording on the right

Steveo, just noticed you got

Posted by DigiNomad on 15th of May 2024 at 10:34 am

Steveo, just noticed you got one to work. Nice. haha.  Are you using something specific to images like midjourney? I'm lazy and also just don't think they will last long before getting rolled into a single multi modal AI....but it looks like they're putting the brakes on that in a few different areas (I can't do images in Chap GPT anymore) and the censorship is pretty heavy also. 

MP - Had it on

Posted by mla127 on 14th of May 2024 at 04:28 pm

MP - Had it on my weekend scan, but after yesterday candle ... i thought this was a dud ...  wow ... I was wrong ... lol ....

It might have more tailwinds

Posted by foody518 on 14th of May 2024 at 05:54 pm

It might have more tailwinds over time, too. Also a part of the Power Up America basket

MP weekly log chart, if

Posted by foody518 on 15th of May 2024 at 12:03 am

MP weekly log chart, if price holds up by the end the week, this would be a nice bullish close relative to the long term downtrend line 

ES and NQ

Posted by steve on 14th of May 2024 at 04:27 pm

Post relates to comments directly below 

QQQ 195

Posted by steve on 14th of May 2024 at 04:18 pm

QQQ - Chart Link- ES/NQ managed to run their equal highs as this acts like a magnet.

One other observation is that when market makers run prior highs we have seen a pullback follow.   CPI tomorrow so big wildcard 

KLAC

Posted by mla127 on 14th of May 2024 at 04:15 pm

KLAC

do spy puts and calls

Posted by Glad on 14th of May 2024 at 04:04 pm

do spy puts and calls trade till 4;15 /?

coulda googled quicker lol This form

Posted by ruidoso on 14th of May 2024 at 04:07 pm

coulda googled quicker lol

This form of option trading after hours occurs when regular market operations cease, typically between 4 p.m. and 8 p.m. ET. If you're wondering about the late close exception mentioned in the table, consider that popular ETFs such as QQQ, SPY, IWM, and more belong to this small category.

Yes 

Posted by steve on 14th of May 2024 at 04:06 pm

Yes 

AVGO follow up

Posted by matt on 14th of May 2024 at 03:57 pm

AVGO - Chart Link-

Love that look but NVDA

Posted by DigiNomad on 14th of May 2024 at 04:01 pm

Love that look but NVDA also has a great technical look and cleaner fundamentals (cheaper, etc). Any thoughts on the tradeoff....or just buy both? 

60 Stoch is back above

Posted by elementsix on 14th of May 2024 at 03:56 pm

60 Stoch is back above 80. No signal.

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