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Wharton’s Jeremy Siegel <--- SMART DUDE! warns that stocks could drop 10% as soon as December — That's what stoney said!

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The stock market could suffer a 10% correction as early as December if the Federal Reserve starts cracking down on inflation, a respected author and professor of finance says.

With inflation hitting a 30-year high of 6.2% in October, Jeremy Siegel expects the Fed will finally roll up its sleeves at its next meeting. That could mean the end of low interest rates and the beginning of market volatility.

“When the Fed gets serious, and I think they will at this December meeting, we’re going to see some tremors,” the Wharton School prof recently told CNBC.

Even so, Siegel believes the stock market remains the only reliable source of inflation-topping returns, and that “conservative tech stocks” should perform well.

>> That is what they were saying yesterday on CNBC as well
What is conservative tech? CRM? <-------

Basically they just mean Apple.
 
stonedinvestor said:
What is conservative tech? CRM? <-------

Basically they just mean Apple.
More...

I think VMW is there too. Value tech. Slow and steady.

Regarding shorting, Stoney it's necessary for a fair and balanced market.
That's why I always disagree with you on certain picks that have no options or shares available to short. They always go down.
And I'm not pinging on your picks here, but it is a fact most of the time. Stuff like Flora, Slinger, Dibs, there's a bunch of others out there, and not necessarily ones that you have presented to all of us, all the media does it too.
What happens is, unknowing retail players buy in, and end up losing it all. And that's not right. Exploiting the naive.
Regarding one armed kids in China.... wtf does that have to do with shorting lol? If anything... short the spit out of Nike and the likes. Wanna right wrongs in this world, hit these corporations where it matters most. Their share price.
That's why Ackman (unsuccessfully) went after Herbalife. They were screwing people and he saw it. They were selling dreams to people that ended up buying their own inventory and never selling it.

Anyway... granny says she needs more shorts for xmas.
 
newbie463 said:
Van,

looks like open interest on the aldx calls went down and the oi on puts went up. I have a small position, so I didn't want to see that.
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Hey!
I just logged back on because I had to point this out. Before I even saw your post.
Someone JUST bought 550 of the Jan $10 calls at the bid of $1.15.
Man I'd hate to be wrong, biotechs are tricky, but I say buy this thing!!!
But ya'll do so at your own risk. There is no fundamental analysis one can apply to these things unless you're a bio phd... so be aware... I'm not. :D
 
stonedinvestor said:
1- BCRX

2- IBRX

3- GRTS

4- INO

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Date and Time:Wednesday, December 1, 2021 at 10:05 a.m. ET
Presenter:Andrew Allen, M.D., Ph.D., co-founder, president and chief executive officer

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Date and Time:November 30-December 2, 2021
Presenter:Andrew Allen, M.D., Ph.D., co-founder, president and chief executive officer
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Stoney!!!!!
IBRX is #2 on the nasdaq leaderboard today.
Up 19%

I saw that on ZEN.

Have we ever looked at CitiTrends?
CTRN
Clothing retailer.
Up 5.5% today.
 
My dog is 120+ pounds or rippling muscle. He's a bad boy.
He tore up that Dr's office Good- like Deep Purple on vacation. I'm in trouble.

They gave us meds. It might be Heroin I don't know. We have to go back thurs.

It's the worst of all possible Vet appointment outcomes- Charged for an office visit /no service rendered back again Thurs.
 
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