GBA Presents: RADIO SAVANT-!

Great Week-!

There were doubters, people thought the Naz would go down, all looked lost, The DOW had given back all of it's gains for the year, interest rates had spiked; a Mortgage is now 7%. Then more hot economic numbers and for sure we flush through that 200 day and set off the computers and what did gummybear advisors do? Buy Buy Buy.

It's an abject lesson in never following the masses.

THIS IS
RADIO SAVANT-!
 
VW-backed Scout to build $2B factory in South Carolina, Bloomberg says 14:50 VWAGY Volkswagen-backed Scout Motors intends to build a $2B electric truck and SUV production plant in South Carolina, its first production facility, Bloomberg's Keith Naughton reports. The facility, which is set to open in 2026, will eventually produce 200,000 battery-powered vehicles and employ roughly 4,000 staff, the author notes.

 
stonedinvestor said:
I think it's time for AA.

No not that one-- This one-->

GBA Upgrade Alcoa Corporation (AA)
NYSE - NYSE Delayed Price.
48.94+0.90(+1.87%)
At close: 04:00PM EST
50.73+1.79(+3.66%)<-------- Should of bought this the other day when I screened it.
Pre-Market:7:13AM EST

Man I gave a great hot sheet to start the week. Two 90% gainers and all these other good ideas.

Honestly this should be ---THE END--- But I have to wait on BJ and RAIN.

After those two I'm a vapor.
More...





UPDATE-

The main reason GBA loves cyclical stocks is when you catch them at the right time they really move! BUT... What goes up must come down... We will shortly be in a tricky situation here... 1 year DOWN 33% YTD UP 24%.

I seem to remember in a past thread here alot of AA action in the low $70's I think we used to buy it for rides up to $77.

We cannot count on that. My best guess is we exit this trade

$61<---$62



Alcoa Corporation (AA)
NYSE - NYSE Delayed Price.
55.52+1.83(+3.41%)
At close: 04:00PM EST
 
Time Is Your Friend.

S&P 500 jumps nearly 2% for the week as traders come to grips with Fed stance

Why did stocks go up? One reason for sure is time.

Time has smoothed out many of the charts and made certain break outs possible. But it also disguises things, are we really making progress or just marking off horrible times?

In general when interest rates spike up and the concept of getting a mortgage dims, there is a panic that sets in and when Bond yields hit that certain number was it 3% no it was 4% No wait is it 5% stocks fall.

Round numbers have some greater mental significance but the greater point is once you get to to a abnormally high level of interest rates and spend some TIME THERE the market gets used to it a bit. And so when the talking heads on TV were absolutely losing their mind over some bond print.. the market yawned because 4.8% or 5% it's all the same until we near 6%.

And the dance continues.

THIS IS
RADIO SAVANT-!
 
STONEY!!!!
Happy Saturday.
The Biotech-King is in the house.


vanzandt said:
This stock was halted today pending an FDA advisory board recommendation.
Kidney drug.
It's $1.23 on the ask and I think it comes off the halt at 5PM EST.
They got the nod.
If it doesn't open until tomorrow, might be worth a look pre-market.

ARDX

Nov 16 (Reuters) - A panel of advisers to the U.S. Food and Drug Administration on Wednesday recommended the approval of Ardelyx Inc's(ARDX) drug for chronic kidney disease patients on dialysis.
The panel voted in favor of the drug both as a single therapy for treating high phosphate levels in the blood of chronic kidney disease patients on dialysis as well as alongside existing treatment. (Reporting by Khushi Mandowara and Leroy Leo; Editing by Krishna Chandra Eluri)
More...

ARDX---$3.82
Triple. :p
 
Stock Of The Upcoming week-Volkswagen AG (VWAGY)

We are starting to gather some Total Return Ideas> VWAGY has a nice yield of 4.4% although it appears larger in Germany<-- I'm checking on that.

Feel like the HF community is back on this name.



19.25+1.68(+9.56%)
At close: 03:59PM EST

 
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