GBA Presents: RADIO SAVANT-!
- Thread starter stonedinvestor
- Start date
Yesterday we should reflect on what happened. The Dow was up 300, The Nqz 200+and the S&P was soaring and yours truly said I think we go negative!
You don't get that kind of prediction based knowledge anywhere else folks,. That is why we have the No 1 thread ever on Elite Trader Stocks!!!
So today I tell you don't worry about how bad the futures look.
-TODAY WE SHALL FINISH UP!
E-Mini S&P 500 Mar 23 (ES=F)
CME - CME Delayed Price. Currency in USD
Follow
4,070.25-21.50 (-0.53%)<------ GO TIME THE LIZARD KING
As of 08:13AM EST.
--> Qataris preparing imminent bid for Manchester United, Bloomberg says »
Watch that Irish soccer club stk...
look at the treadmill work!
JP Morgan's Matejka ultimately thinks the market needs a reality check.
"The market appears to be betting that the new cycle has started, but there was no reset in the key variables, profits, labour market, capex and other," the strategist wrote, adding: "We do not believe that companies will be able to sustain margins at current levels. As PPIs roll over, margins are likely to weaken, too. Consumer has burned through the cushion of excess savings, which allowed them to absorb the price increases relatively painlessly. Consumer outlook is starting to look more challenged from here."
"The market appears to be betting that the new cycle has started, but there was no reset in the key variables, profits, labour market, capex and other," the strategist wrote, adding: "We do not believe that companies will be able to sustain margins at current levels. As PPIs roll over, margins are likely to weaken, too. Consumer has burned through the cushion of excess savings, which allowed them to absorb the price increases relatively painlessly. Consumer outlook is starting to look more challenged from here."
JPMorgan says investors shouldn't get too comfortable with the stock market's impressive start to 2023.
"Big picture, we believe that the equity rally that started last October, and that we hoped would be driven by peaking bond yields/CPI, China reopening, and the fall in European gas prices, is unlikely to get the fundamental confirmation for the next leg higher as the year progresses," closely-watched JP Morgan strategist Mislav Matejka wrote in a note on Monday. "Once the positioning recovers, Q1 is in our view likely to mark the high point of the market."
Matejka recommends investors slash their exposure to stocks — which he says sport "questionably" high valuations — and eye more defense areas of the market. The strategist struck a notable cautious tone on tech stocks amid their big rally out of the gate this year.
"These big positives are not finished, but are clearly not fresh anymore," Matejka added, "and now there is some complacency setting in on multiple fronts."
"Big picture, we believe that the equity rally that started last October, and that we hoped would be driven by peaking bond yields/CPI, China reopening, and the fall in European gas prices, is unlikely to get the fundamental confirmation for the next leg higher as the year progresses," closely-watched JP Morgan strategist Mislav Matejka wrote in a note on Monday. "Once the positioning recovers, Q1 is in our view likely to mark the high point of the market."
Matejka recommends investors slash their exposure to stocks — which he says sport "questionably" high valuations — and eye more defense areas of the market. The strategist struck a notable cautious tone on tech stocks amid their big rally out of the gate this year.
"These big positives are not finished, but are clearly not fresh anymore," Matejka added, "and now there is some complacency setting in on multiple fronts."
Bicycle Therapeutics plc (BCYC)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
27.34 -0.28
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
27.34 -0.28
Toast, Inc. (TOST)
NYSE - Nasdaq Real Time Price.
23.76+0.96(+4.21%)
NYSE - Nasdaq Real Time Price.
23.76+0.96(+4.21%)
Take a small stab here-- $27 level./
Not as gung ho here with this name because I have been here
before at this price range a few times.. just never wants to fully take off...
Bicycle Therapeutics plc (BCYC)
NasdaqGS - NasdaqGS Real Time Price.
26.82-0.81(-2.93%)<-- GO TIME!
Commercials were pretty bad this year at super bowl. Boy it seemed Ford sat this one out and Bud. No EV/s???? Wow and all the Crypto crap we saw last year, that's all we saw!!! ZERO<__
what a total collapse.
This was by far the best commercial>
what a total collapse.
This was by far the best commercial>