Investing General Discussion

Nasdaq E-Mini now down 1%

AMZN actually got a minor analyst price downgrade. Stock down 1%+.

Shonuff said:

TSLA stock is insane at these levels.

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If it were a 40 or 50 billion market cap company I would have no issues owning some.

Durable goods data out this morning. Of note:

"Unfilled orders increased 1.0% in August, rising to $1,239.3 billion, and led by a 0.9% increase in transportation equipment."

Until this number unfucks itself and starts to actually decrease we are losing ground.

WYNN getting sold in the pre-market. -1.6% so far.

COIN
Chief Legal Officer dumper nearly his entire stake of shares...

AAPL, AMZN, NVDA all -2%, MSFT -1.5%

JPM +10% since last week's low.

NVDA hasn't stayed below the 50 DMA for more than a day since May. Im gonna take some risk and put in an order at the 50-DMA and see what happens.

FTEC sitting right at the 50-DMA

AAPL 100-DMA is $140.01

edit: 200-DMA is only $134.64

Not much of a gap.

Jysin said:

F has been an absolute monster the last days too. Now clear all moving averages.

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I think we are seeing end of month/quarter rebalancing out of tech and into industrials/consumer stocks.

Sanrith Descartes said:

WYNN getting sold in the pre-market. -1.6% so far.

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+2% on the reversal.

Crude spikes over $75