GBA Presents: House of Gummy-!

[stonedinvestor]

Regarding Gummy No 2> still where it was down 11%

It's never good losing a buck something when you lost I think it was .77 cents the year before.--

But there's alot to like under the covers of the report and I have to think maybe they will get some analyst love tomm-- I have no problem holding this.

JOANN Inc. JOAN came up with second-quarter fiscal 2024 results, wherein the top line beat the Zacks Consensus Estimate but declined year over year. This specialty retailer of sewing and fabrics, and arts and crafts category products reported a wider-than-expected loss.

However, the company’s "Focus, Simplify, and Grow" initiative has yielded operational excellence, surpassing the targeted $200 million in annual cost reductions. These efforts have not only improved the free cash flow significantly year over year but are also projected to enhance the EBITDA performance in fiscal 2025. The company remains cautious yet optimistic, aligning its strategic priorities with the updated fiscal 2024 outlook for continued growth.

The free cash flow improved to an outflow of $111.7 million in the quarter under discussion from an outflow of $216.8 million in the year-ago period.

 

[vanzandt]

DOW TRANSPORTS ARE 8% ABOVE THEIR 200 DAY, BUT THEY HAVE REJECTED THE 50 DAY FOR 7 CONSECUTIVE SESSIONS. A PULLBACK TODAY WOULD MAKE #8. (CURRENTLY ABOVE, BUT NOT BY MUCH)

 

[vanzandt]

MEAN WHILE ENERGY IS UP 5 SESSIONS IN A ROW

 

[stonedinvestor]

I have to go now> COIN is about to turn over Use $82 as your add on point.//

< $82 and if some houses agree tomorrow that the news is potentially bad for COIN
I would press the short.

If I'm wrong and everyone loves the Court case in relation to COIN I apologize.

Talk To You Tomorrow.

Enjoy Stoney's Rally to S&P 4,550. The market likes to tread there at our year end target...

Oh oh Yes I forgot Van we need your end of year target update!!

Yesterday when you were beating me up for saying stocks would rally and you kept saying where will we finish! Well I told you where we would finish yesterday - up, that we would break the zig-zag and not only that I gave you today's action and the rest of the week and next week...

.. and we still have not heard from you on your end of year target for stocks.
What gives?
Are you sticking with under 3,839?

You would want to fix it before I go on Youtube...

 

[vanzandt]

13,736 is a key level to break thru on the Nasdaq. There'll be a battle there.

THIS CALL MADE THE READERS HUGE MONEY AS THE LEVEL WAS REACHED AND TECH CRASHED.

ALTHOUGH IT WAS BREACHED INTRADAY LAST THURSDAY (QUICKLY GIVEN BACK)---WE ARE NOW ABOVE THAT LEVEL TODAY FOR THE FIRST TIME SINCE THE CALL. AMAZING I KNOW.

AS WE ROLL INTO SEPTEMBER---- FOR THE NEXT TWO WEEKS (GOING INTO KEY VZ DATE OF 9/13) ANYTHING AROUND 14,190 SHOULD BE SOLD. THE NEW BATTLE LINE. CURRENTLY WE ARE AT 13,922.

Personally, I don't think it'll get there. But after a day like today, there will be some momentum follow-thru, so we might just see 14,190. Doubtful however before 9/13

WRITE THAT DOWN STONEY ---> AND PROFIT

 

[vanzandt]

$84.23 and poised to blast off!!!!!
CHILDREN: "DO NOT SHORT" until VZ says to short!

RIDE THE GRAVY TRAIN!!!!!
CHOOOO-CHOOOO

NEXT STOP... $86

ALLLL ABOARD! )))))))))))

And don't forget to thank Stoney for calling the chart king's attention to another Stoney fade

BAM!!!!!! ---->$82.50 TO $86.15

THE RIDE IS NOW OVER CHILDREN! EVERYONE OFF THE TRAIN AND ENJOY THE REST OF YOUR DAY. NO THANKS REQUIRED ~THE CHART KING! CHOO CHOOO!

IT JUST DID THE VWAP KISS AS PREDICTED
$82.52
PUT A $2.60 STOP UNDER IT----> AND RIDE THE VZ GRAVY TRAIN FOR AN HOUR SO!!!!

 

[TrailerParkTed]

Oh good, I was worried the $100 mezcal made you sick.

$6.11-LFVN Stoney, it’s up your alley.

 

[vanzandt]

NOW SIR-- YOUR VAN END OF YEAR S&P TARGET IS SOMEWHERE UNDER 3,839?

OR DO YOU FEEL DIFFERENT NOW?

ARE YOU DENSE? AS I HAVE TOLD YOU REPEATEDLY, THIS CALL, MADE LAST SPRING, WAS BASED ON MY PREDICTION OF SCOTUS OVERTURNING BIDEN'S STUDENT LOAN FORGIVENESS PLAN.

That turned out to be a 100% correct prediction.
What I failed to anticipate however, was Biden's subsequent end around play.
I told you if that happens, all bets off.

It doesn't matter anyway. As I have repeatedly demonstrated to you, near term timing is all that counts. And don't start with the "van said sell everything' bs... because that is all near term. Remember the perfect bottom call where I said to go long at 3:20 PM 2 Fridays ago... days in advance. I did the exact same thing a week later with the quote you seem to have latched onto. And it too was a perfect call. The Nasdaq fell nicely the next two days.

So don't confuse the near term with some kind of market finality assigned to each phrase I write. That's just stupid and you look like an idiot when you do that.

If you want to be in the game using year end closes.... pfff... just buy an etf and go blog about the NFL. Because as a trader... timing near term is everything... your constant banter is just foolishness.

THE BEST PART... YOU CAN'T TAKE IT WHEN SOMEONE DOES EXACTLY WHAT YOU DO.

IT'S ANNOYING ISN'T IT?

The exact reason I went all-caps today.... just to see you cringe as I dish up winner after winner.

 

[stonedinvestor]

GSAT Globalstar, Inc.

I can't take it. There are two ways of looking at this: You are up 23% from $1.00.
This freakin stock moves like a snail.... I think I'm done.


$1.230.01 (+0.82%)11:06 AM 06/12/23

UPDATE-
GSAT Globalstar, Inc. Bit better looking now... still very
sleepy.


$1.34 0.28 (+26.42%)3:21 PM 08/29/23
NYSE | $USD | Realtime

 

[stonedinvestor]

TED!!! HALLOOOOO. THE HF WAS PLAYING WITH ONE OF YOUR NAMES TODAY.....