Off-Topic Stock Market & Crypto Discussion

[Bird4um]

Did they miss?

 

[Cmuri]

Did they miss?

They didn’t have earnings. They gave an ugly update.

 

[Bird4um]

Looks to be the beginning

 

[Tdvv]

Walmart crashing in afterhours tonight.

Big earnings tomorrow. MSFT and GOOG

Walmart shares slump after retailer cuts profit outlook on inflation concerns

Walmart CEO Doug McMillon said aggressive markdowns on items such as clothing are also hurting margins.

www.cnbc.com

 

[Cmuri]

Looks to be the beginning

 

[mr.h]

Walmart shares slump after retailer cuts profit outlook on inflation concerns

Walmart CEO Doug McMillon said aggressive markdowns on items such as clothing are also hurting margins.

www.cnbc.com

looking grim fellas..

 

[Cryptical Envelopment]

Yesterday around 3:20 MULN was featured on Fox Business Network by an investor for a one minute quick discussion about their battery tech. Guy said he believes MULN has the longest range battery in the EV sector and is bullish on the company right now.

MULN just looks like a lost cause right now. $1 was holding as decent support for a while, but not anymore.

Any additional thoughts?

 

[mr.h]

Senate passes the chip bill. A rare bipartisan win that will add jobs a strengthen security in the years to come.
$79 billion.

 

[561caneforever]

Senate passes the chip bill. A rare bipartisan win that will add jobs a strengthen security in the years to come.
$79 billion.

And increase inflation.

 

[Cmuri]

Microsoft and google with misses. Not that I would even think of selling these companies, but decent place to maybe add more Microsoft.

Not financial advice. Lol

 

[Bird4um]

Microsoft and google with misses. Not that I would even think of selling these companies, but decent place to maybe add more Microsoft.

Not financial advice. Lol

Google rising

 

[Cmuri]

Google rising

It’s cheap. These are long term plays.

 

[mr.h]

And increase inflation.

A lot of billions wasted in Washington, but this is not one of them It will pay off in spades.

 

[Mikeiavelli]

MULN just looks like a lost cause right now. $1 was holding as decent support for a while, but not anymore.

Any additional thoughts?

Yeah the meeting today was less than optimal for impatient people looking for the F500 news.

They did mention some interesting ideas like facial rec tech on the cars and a new turn key facility they are looking to purchase.

But again just plans. Long term speculative me is still gonna hold at this point.

They did mention during q and a that withing the first half of August the F500 should be good to go since they have already delivered modded test vans.

 

[Tony4Canes]

Hotel stays up

Hilton raises 2022 profit forecast on strong travel demand

Hotel operator Hilton Worldwide Holdings Inc on Wednesday raised its full-year profit forecast after reporting a better-than-expected quarterly profit on the back of a rebound in travel demand.

www.reuters.com

 

[mr.h]

Strong durable good #’s. Durable goods are purchases of products that last long term…

USDDurable Goods Orders(Jun) 1.9% --0.4% 0.8%
Also durable goods ex- defense and transportation were up “bigly”

 

[Cmuri]

.75 bp hike

 

[TheEye]

I sense another Bear Market bounce happening right now.

When does the .75 go into effect?

 

[mr.h]

Nice day..
tomorrow GDP and jobless numbers..
Powell left open the hike in Sept.

 

[Bird4um]

What’s actually causing inflation? Increase in rate won’t affect supply chain or oil prices. That’s policy.