forums

Off-Topic Stock Market & Crypto Discussion

Advertisement
90scane said:
Can you translate for me?
Click to expand...

The unemployment rate hasnt risen and we havent gone into a recession because of massive government deficit spending, so he believes that the drop in inflation is temporary and it will go back up.

If you are a bull, you say he is a perma bear. If you are a bear, and see that oil is going back up (and we havent refilled the NPR), as is housing, food hasnt gone down, etc etc. then he is right
 
TheEye said:
Looks like he’s saying inflation likely to pick back up and we won’t see bond rates lower than 3% unless an economic crash occurs.
Click to expand...

Realistically, the headline rate has gone down substantially, but the core has not, and may not.
 
ironically, government spends while inflation is high. The FED raises rates causing 1T plus of additional deficits per year due to interest rates on the debt.

who wins? We know who loses, we do!
 
Last edited:
07:30USDRetail Sales (MoM)(Jun) 0.2% -0.480.5% 0.5%
07:30USDRetail Sales Control Group(Jun) 0.6% 0.97-0.3% 0.3%
07:30USDRetail Sales ex Autos (MoM)(Jun) 0.2% -0.150.3% 0.3%
For June:
Retail sales down, but still grew at .02%.
PCE up..personal consumption expenditures.
 
06:00USDMBA Mortgage Applications(Jul 14)1.1% --0.9%
07:30USDBuilding Permits (MoM)(Jun)1.44M-1.49M1.496M
07:30USDBuilding Permits Change(Jun)-3.7% --5.6%
07:30USDHousing Starts (MoM)(Jun)1.434M-1.48M1.559M
07:30USDHousing Starts Change(Jun)-8% -7.2%15.7%

housing starts and building permits down for the month of June.
Earnings coming in…
 
Last edited:
BARRONS: APPL competing on Chatbot with Bard, Bing and ChatGPT..
Apple is making a big push to create its own large language models and an associated chatbot, says a Bloomberg report.
Blue Skys…..
 
Advertisement
mr.h said:
BARRONS: APPL competing on Chatbot with Bard, Bing and ChatGPT..
Apple is making a big push to create its own large language models and an associated chatbot, says a Bloomberg report.
Blue Skys…..
Click to expand...
198.23 is record high.
 

08:30		USDContinuing Jobless Claims(Jul 7)1.754M-1.729M1.721M
08:30USDInitial Jobless Claims(Jul 14)228K-242K237K
08:30USDInitial Jobless Claims 4-week average(Jul 14)237.5K--246.75K
08:30USDPhiladelphia Fed Manufacturing Survey(Jul)-13.5--10-13.7
Jobless claims down.
Manufacturing sector did not improve.
Netflix and Tesla earnings will hurt tech today.
Dow on a 9 day winning streak.
 
Last edited:
Another win for Bidenomics….lmao

UPS, Teamsters avoid massive strike, reach tentative agreement on new contract​

Olivia Evans, USA TODAY
1 hour ago
After months of negotiations, strike threats and walkout talks, UPS and Teamsters, the union representing 340,000 UPS workers, have reached a tentative agreement on a new five-year labor contract.
 
Last edited:
mr.h said:
Housing numbers are almost identical to last months.
Big earnings this week:


Monday, 7/24 – DPZ, CLF, WHR, NXPI

Tuesday, 7/25 – MMM, BIIB, GE, GM, KMB, GOOGL, MSFT, PACW, SNAP, UHS, SPOT, VZ, UL, V

Wednesday, 7/26 – T, ADP, BA, CHKP, KO, CMG, EBAY, MAT, META, HLT, TSEM

Thursday, 7/27 – SHEL, ABBV, BMY, CMCSA, MA, F, INTC, AMZN, MCD, RCL, NOC

Friday, 7/28 – AZN, CVX, BAH, XOM, CL, PG, SNY
Click to expand...
Expect housing inflation to be almost non existent at the end of the year compared to 2022.
 
Advertisement
mr.h said:
Fed Rate decision @2:00PM….25 expected, and I don’t know why. We are at 3% inflation, down from 9%.
Click to expand...
If it feels hawkish now, and the market detects it’s the final one, I see a buying spree in a month.
 
Back
Top