The stock market

[longcast]

Snap to cut 10% of global workforce

Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.

www.foxbusiness.com

 

[longcast]

WOW!!!!

Estée Lauder earnings 'better than feared' amid China woes

Estée Lauder (EL) stock is soaring Monday morning after topping fiscal second-quarter earnings estimates. The cosmetics company announced a restructuring plan that would impact between 3 and 5% of its workforce. Canaccord Genuity Managing Director Susan Anderson outlines what Estée Lauder and...

finance.yahoo.com

you go girl........................



she was up an additional $8 at one point this morning

Lot of people losing their jobs for that $8.

 

[longcast]

Credit card debt poised to a hit a new record high

New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.

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[longcast]

Bank of America appears to renege on pledge to not finance new coal projects

Bank of America appears to be walking back a pledge the company made in 2021 to not finance new coal mines, coal-powered plants or Arctic drilling.

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[wader]

Credit card debt poised to a hit a new record high

New York Federal Reserve data released on Tuesday morning is expected to show that American households are carrying a record amount of credit card debt.

www.foxbusiness.com

not in this household - I currently have a balance of $4.35 on my VISA - oops - forgot to add the bill from tonight's meal at Bizzotto's following my Town Planning Commission Meeting this evening...........

So - $43 & change.

 

[longcast]

Stock market today: S&P 500 hits fresh record with 5,000 in mark in sight

As earnings season rolls into its second half, investors are assessing performance so far.

finance.yahoo.com

As an aside. I do not normally speak too much about individual stocks, but this one intrigues me.

NVDA - Is there a top? May just help shave some time off the original retirement date.

 

[dsedy]

Stock market today: S&P 500 hits fresh record with 5,000 in mark in sight

As earnings season rolls into its second half, investors are assessing performance so far.

finance.yahoo.com

As an aside. I do not normally speak too much about individual stocks, but this one intrigues me.

NVDA - Is there a top? May just help shave some time off the original retirement date.

Its a wild time with AI. NVDA, SMCI. I've had a good month trading Options on both.

 

[longcast]

Its a wild time with AI. NVDA, SMCI. I've had a good month trading Options on both.

I have been playing with NVDA for a bit. Deciding if the $178.32 lot should go. Pigs get fat, hogs get slaughtered. LOL

 

[dsedy]

I have been playing with NVDA for a bit. Deciding if the $178.32 lot should go. Pigs get fat, hogs get slaughtered. LOL

Wow!! If you have it that low, maybe trim some. Could even sell an OTM covered call. Earnings the 21st I think. CapEx is off the charts from Meta, Amazon etc... for their chips. Not financial advice

Really nice trade(s) investments on your part. Congrats

 

[longcast]

Wow!! If you have it that low, maybe trim some. Could even sell an OTM covered call. Earnings the 21st I think. CapEx is off the charts from Meta, Amazon etc... for their chips. Not financial advice

Really nice trade(s) investments on your part. Congrats

Thank you!

I did trim some already.

And on others - VLO at $58, XOM $33, PARR at $20

But seeing the Middle East Biden debacle, I think we have a shot at rising oil due to conflict.

Trimming these to buy others.

Keep dropping in here for the 8%+ monthly - JEPI (and overall still 3% gain)


And yes, this neither to be construed as financial advice.

 

[longcast]

US steel workers outraged over billion-dollar deal 'selling out' employees to a foreign entity

U.S. Steel has allegedly "sold off to the highest bidder to line their own pockets," according to local union presidents who now worry about their job security and livelihoods.

www.foxbusiness.com

 

[longcast]

Stock market today: Stocks hold steady as S&P 500 eyes 5,000 mark

Investors are looking to fresh earnings reports for impetus with the S&P 500 just shy of reaching 5,000 for the first time.

finance.yahoo.com

 

[longcast]

Regional bank hit with 3rd credit downgrade as crisis concerns linger

New York Community Bank was hit with its third credit downgrade in a week amid investors' concerns about its exposure to the struggling commercial real estate market.

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[longcast]

Duke Energy removes CCP-tied batteries from green energy project at Marine Corps base: report

Duke Energy will remove batteries manufactured by CATL, a Chinese company with CCP ties, from a solar array project at Camp Lejeune in North Carolina.

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[longcast]

Stock market today: US futures steady after S&P 500's landmark close

Focus is on whether the S&P 500 can keep up its rally, with a key CPI test ahead.

finance.yahoo.com

 

[longcast]

Morgan Stanley Says Firms Are Focused on Costs Like Never Before

(Bloomberg) -- US companies are discussing cost control on earnings calls at a record rate, amid a push to reallocate funds and invest in new technologies, according to an analysis by Morgan Stanley strategists.Most Read from BloombergPentagon Chief Austin in Critical Care for Bladder...

finance.yahoo.com

 

[longcast]

Inflation, retail sales, and corporate earnings: What to know this week

A fresh reading on inflation and consumer spending will greet investors as quarterly earnings reports continue to pour in.

finance.yahoo.com

 

[longcast]

Why investors are worried about NY Community Bancorp

New York Community Bancorp (NYCB) has seen its shares plummet since reporting a surprising fourth quarter loss and slashing its dividend. The pressure only mounted after Moody's downgraded the company's credit rating to junk. The bank named a new chairman and has taken other steps to assure...

finance.yahoo.com

 

[longcast]

Bidenomics = Inflation =

Stock market today: US stocks fall after inflation cools less than anticipated

January's CPI update gives a first look at consumer inflation in 2024, a key input into the Fed's thinking on interest-rate cuts.

finance.yahoo.com

 

[longcast]

Dow plunge accelerates, on pace for worst day of 2024

U.S. stocks took a beating after a hotter than-expected-inflation report sent investors scrambling and questioning whether future rate cuts are now off the table.

www.foxbusiness.com