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Post by CdnPhoto on Oct 6, 2023 4:40:41 GMT -8
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Post by duckpins on Oct 6, 2023 9:36:15 GMT -8
"Dow futures drop 200 points after strong jobs report sends yields higher" ?? What is it that oscar Wilde said? -Only dullards can be brilliant at breakfast!
Glad I was still asleep.
Buying before a long weekend though, still in the bottom searching mode i believe.
Tesla moved 10 points and our buddies at BRK 7, which is lots for a not so volatile stock. Could be shorts scared of the long weekend as well.
Don't think we see another amazing bull run until the FED goes back into it room and locks the door. A lot of money is being drained by high oil prices, insurance prices and general inflation. High rates will hurt the cars and homes. So maybe a choppy market with a firming bottom? Who doesn't like a firm bottom?
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Post by CdnPhoto on Oct 6, 2023 9:50:28 GMT -8
Buying before a long weekend though Are markets closed on Monday? They are up here in Canada. Thanksgiving here.
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Post by duckpins on Oct 6, 2023 10:14:08 GMT -8
Are markets closed on Monday? They are up here in Canada. Thanksgiving here. I thought Columbus Indigenous People's day was a federal holidaY?
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Post by CdnPhoto on Oct 6, 2023 11:02:45 GMT -8
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Post by Luckychoices on Oct 6, 2023 12:34:57 GMT -8
A nice end to the week...and the first since W/E:09/01/23 that all 7 stocks ended the week green from the previous week. It's common for AAPL to be over 90% of its *previous* ATH of $182.01...it's been over 90% since the last week in March, but now GOOG is over 90% of its *current* ATH for the first time this year. MSFT, as usual, is also doing well at 96.5%...META is over 70% while AMZN and TSLA are still less than 70% of their current ATH. NFLX trails all the other stocks, being only 55.2% of its current ATH. Hope we have many more green weeks ahead of us!
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Post by zebrum on Oct 6, 2023 17:02:09 GMT -8
Yes a nice end to the week and it has caught everyone off guard and will go up faster than anyone can imagine! Winter rally here we come!
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