Off-Topic Stock Market & Crypto Discussion

[mr.h]

AAPL-The shares, which failed to hold the $180 support level last week, traded for less than $170 at various points during Tuesday’s session. Breaking through that level and holding there could presage a pullback to its October low of $165.67, according to Todd Sohn, managing director of ETF and technical strategy at Strategas Securities.

 

[GladeCane]

AAPL-The shares, which failed to hold the $180 support level last week, traded for less than $170 at various points during Tuesday’s session. Breaking through that level and holding there could presage a pullback to its October low of $165.67, according to Todd Sohn, managing director of ETF and technical strategy at Strategas Securities.

It used to be companies would spend 20% of their budget on RD. Now it's 20% on JD.

 

[Cmuri]

AAPL-The shares, which failed to hold the $180 support level last week, traded for less than $170 at various points during Tuesday’s session. Breaking through that level and holding there could presage a pullback to its October low of $165.67, according to Todd Sohn, managing director of ETF and technical strategy at Strategas Securities.

Ive been adding at these levels. Every $5 dip, I add a few more lol

 

[Bird4um]

AAPL-The shares, which failed to hold the $180 support level last week, traded for less than $170 at various points during Tuesday’s session. Breaking through that level and holding there could presage a pullback to its October low of $165.67, according to Todd Sohn, managing director of ETF and technical strategy at Strategas Securities.

Convince me. I own none!!

 

[mr.h]

Convince me. I own none!!

The new iPhone watch 16...will have AI features. AAPL has been slow to use AI, but when they do something, they do it right because the have tons of money to do it..

 

[TheEye]

Convince me. I own none!!

Convince me. I own none!!

It pays .57% div at this level. We have entered the era of AI and Apple makes user friendly software and hardware.

If you want a work force of low paid worker being micromanaged by advanced AI, Apple will bring it.

 

[mr.h]

09:30		USD	Average Hourly Earnings (YoY)(Feb) TRADE NOW		4.3%	-0.58	4.4%	4.4%
09:30		USD	U6 Underemployment Rate(Feb)		7.3%	-	-	7.2%
09:30		USD	Labor Force Participation Rate(Feb)		62.5%	-	-	62.5%
09:30		USD	Unemployment Rate(Feb) TRADE NOW		3.9%	1.67	3.7%	3.7%
09:30		USD	Average Hourly Earnings (MoM)(Feb) TRADE NOW		0.1%	-1.34	0.3%	0.5%
09:30		USD	Nonfarm Payrolls(Feb) TRADE NOW		275K	0.92	200K	229K
09:30		USD	Average Weekly Hours(Feb)		34.3	0.00	34.3	34.2

Unemployment rate up, but still very low at 3.9%
J O B S….275K…

 

[Bird4um]

09:30		USD	Average Hourly Earnings (YoY)(Feb) TRADE NOW		4.3%	-0.58	4.4%	4.4%
09:30		USD	U6 Underemployment Rate(Feb)		7.3%	-	-	7.2%
09:30		USD	Labor Force Participation Rate(Feb)		62.5%	-	-	62.5%
09:30		USD	Unemployment Rate(Feb) TRADE NOW		3.9%	1.67	3.7%	3.7%
09:30		USD	Average Hourly Earnings (MoM)(Feb) TRADE NOW		0.1%	-1.34	0.3%	0.5%
09:30		USD	Nonfarm Payrolls(Feb) TRADE NOW		275K	0.92	200K	229K
09:30		USD	Average Weekly Hours(Feb)		34.3	0.00	34.3	34.2

Unemployment rate up, but still very low at 3.9%
J O B S….275K…

What’s the buy price on Apple?

 

[GladeCane]

I’m heavily in Bitcoin, etherium, ripple, Coinbase, Galaxy.

All I can speculate with for me. Gotta be a bit diversified. No?

BItcoin keeps trying to break resistance, but keeps getting slapped back down. Once it tips over, we're off to the races.

 

[Fluffhead]

The AI run is wild. Really ****ed that I took AMD profits around 130 a few months back. Pullback today though.

 

[TheEye]

What’s the buy price on Apple?

172

 

[GladeCane]

Not so smart now!!!

Very smart now.

Sold off the rest of NVDA and pocketed over 40% in 6 weeks. With those funds bought more IBIT and in less then a week made 12%.

 

[GladeCane]

Bitcoin broke through resistance at 70k. Now at 72.5k.

UK is allowing trading in Bitcoin. Could hit 80k this week.

 

[mr.h]

CPI tomorrow

 

[Bird4um]

Anyone getting in on Reddit IPO? Like it as a stock?

 

[mr.h]

08:30		USD	Consumer Price Index ex Food & Energy (MoM)(Feb) TRADE NOW		0.4%	1.58	0.3%	0.4%
08:30		USD	Consumer Price Index ex Food & Energy (YoY)(Feb) TRADE NOW		3.8%	0.98	3.7%	3.9%
08:30		USD	Consumer Price Index n.s.a (MoM)(Feb) TRADE NOW		310.326	0.12	310.3	308.417
08:30		USD	Consumer Price Index (YoY)(Feb) TRADE NOW		3.2%	0.86	3.1%	3.1%

Not bad, but not a drop. More in line with the previous month. I believe this was expected from what I have been hearing.
I believe we get rate cuts…

 

[JD08]

Unemployment went from 3.7 to 3.9 and wages went up $0.05.

 

[Bird4um]

Unemployment went from 3.7 to 3.9 and wages went up $0.05.

View attachment 284424

.05 cents.. What a crock of ****.... Companies suck ***... Everyone just got a lot poorer..

 

[JD08]

.05 cents.. What a crock of ****.... Companies suck ***... Everyone just got a lot poorer..

It's going to take a lot of wage growth to get the middle class back to where they were before all this inflation. Adding part time jobs, increasing the labor supply, and spending recklessly isn't going to help.

 

[mr.h]

It's going to take a lot of wage growth to get the middle class back to where they were before all this inflation. Adding part time jobs, increasing the labor supply, and spending recklessly isn't going to help.

Wage growth IS above inflation
Jobs are being created a lot more than expected
The Fed will cut interest rates to help fight inflation which has seemed to have plateaued.