July 25, 20187 yr 2 minutes ago, jimmyjazz said: Any news causing the quick climb in the last half hour? US/EU trade war narrowly avoided for now
July 25, 20187 yr 3 minutes ago, jimmyjazz said: Any news causing the quick climb in the last half hour? Deal to prevent trade war with Eurozone apparently.
July 25, 20187 yr Biogen getting closer to at least slowing Alzheimer's. interesting read. I fucking hate that disease more than I hate aggy stupidity. https://www.cnbc.com/2018/07/25/biogen-and-eisai-unveil-ban2401-alzheimers-disease-trial-results.html
July 25, 20187 yr GRUB had a great day today. I have an exceedingly small position (8 shares), but hey, any time a stock goes up 25% in one day, that’s real money. Edited July 25, 20187 yr by RiceOwl
July 25, 20187 yr I’m interested in where it will bounce back to. I have some FB stock, so on paper today hurts. That said, it’s still double where it was a little over a year and a half ago. This last run up was very fast.
July 26, 20187 yr https://www.bloomberg.com/amp/view/articles/2018-07-25/facebook-fb-earnings-financial-facade-develops-serious-cracks
July 26, 20187 yr 15 hours ago, Washpark said: https://www.bloomberg.com/amp/view/articles/2018-07-25/facebook-fb-earnings-financial-facade-develops-serious-cracks Zuckerburg may be in trouble with the SEC, if you take a look at the insider selling it is pretty egregious. http://www.marketwatch.com/investing/stock/FB/insideractions Articles are already coming out. https://www.zerohedge.com/news/2018-07-26/sec-may-want-take-look-facebook-insiders-dumped-41-billion-stock-scandal
July 26, 20187 yr Once companies realize advertising on Facebook is useless then the whole thing will crash. P&G quit spending hundreds of millions of dollars on ads on FB and YouTube and it didn't impact their sales at all. Most of Facebook's users at this point are olds talking to each other and advertisers hate olds.
July 26, 20187 yr But Instagram!!!! the P&G data point surprised the shit out of me in that it didn't get enough press or notice. Can't believe other companies, at least that I know of, haven't started trimming their social media advertising budgets.
July 26, 20187 yr 1 hour ago, Aqua Buddha said: Once companies realize advertising on Facebook is useless then the whole thing will crash. P&G quit spending hundreds of millions of dollars on ads on FB and YouTube and it didn't impact their sales at all. Most of Facebook's users at this point are olds talking to each other and advertisers hate olds. So where will they take their advertising money and spend it? My wife, a teacher, said all the kids use snapchat now so it peaked my interest. Sort of interested, but once teens and young adults get in the target demo age for advertisers, will they still use snapchat?
July 26, 20187 yr 1 hour ago, Aqua Buddha said: Once companies realize advertising on Facebook is useless then the whole thing will crash. P&G quit spending hundreds of millions of dollars on ads on FB and YouTube and it didn't impact their sales at all. Most of Facebook's users at this point are olds talking to each other and advertisers hate olds. I fell out of the 18-49 demo a couple of years ago. But I am still relevant, dammit! And I've bought a few things through FB ads. Edited July 26, 20187 yr by Sbbruin
July 26, 20187 yr 1 hour ago, Bozo_Casanova said: Tomorrow's GDP number should be very interesting. https://www.cnbc.com/2018/07/26/kudlow-says-fridays-gdp.html White House economic advisor Larry Kudlow predicted that the second-quarter GDP release Friday will live up to the mounting hype. "You're going to get a very good economic growth number tomorrow. Big," Kudlow, head of the National Economic Council, told the Fox Business Network in an interview Thursday. While he said he could not speculate on where the number will land specifically, he did not disagree with a suggestion that it would be in the 4 to 4.5 percent range.
July 26, 20187 yr Just now, Yarbr said: I haven't dug in to it yet, but Amazon had a pretty good quarter. Yep. Up 4% AH. AMD had a huge day as well, up 14+%.
July 26, 20187 yr 3 minutes ago, Rusty Shackelford said: https://www.cnbc.com/2018/07/26/kudlow-says-fridays-gdp.html White House economic advisor Larry Kudlow predicted that the second-quarter GDP release Friday will live up to the mounting hype. "You're going to get a very good economic growth number tomorrow. Big," Kudlow, head of the National Economic Council, told the Fox Business Network in an interview Thursday. While he said he could not speculate on where the number will land specifically, he did not disagree with a suggestion that it would be in the 4 to 4.5 percent range. Barclays says 5.2, others revising down to 3.8. Anything north of 4% and the Fed is likely to accelerate rate hikes. No cloak room, but debt financing stimulus during expansion is really stupid. Edited July 26, 20187 yr by Bozo_Casanova
July 26, 20187 yr 1 minute ago, Bozo_Casanova said: Barclays says 5.2, others revising down to 3.8. Anything north of 4% and the Fed is likely to accelerate rate hikes. No cloak room, but debt financing stimulus during expansion is really stupid. Anything under 4 and the market is gonna be ugly tomorrow. But I think we're in for a 4.5 number
July 26, 20187 yr 8 minutes ago, Trey3216 said: Anything under 4 and the market is gonna be ugly tomorrow. But I think we're in for a 4.5 number That feels about right to me. Barclays keeps reiterating 5.2 even today, which I find puzzling. Any thoughts on why they might do that?
July 26, 20187 yr Just now, Bozo_Casanova said: That feels about right to me. Barclays keeps reiterating 5.2 even today, which I find puzzling. Any thoughts on why they might do that? A lot of that is likely due to the gains in the O&G market during Q2, and it's not that far-fetched to imagine those gains will have an addt'l .7% effect on the market. 5.2 is a huge #, and yes, the FED will definitely act quickly on that. Matter of fact, we could see a huge GDP # actually cause a major market fade over the course of the day as folks undoubtedly have reports typed up and ready to send when the big # does come out. Think the GS and MS of the world.
July 26, 20187 yr We're thinking about this the same way. I'm actually more worried about the higher number than the lower number given the anticipatory nature of valuations.
July 26, 20187 yr 1 hour ago, Bozo_Casanova said: We're thinking about this the same way. I'm actually more worried about the higher number than the lower number given the anticipatory nature of valuations. Yep. Consequences for everything even if they’re marginally ‘counter-intuitive’. Even then, I’d be more happy seeing real economic growth associated with a number like that. Another factor in Barclays assessment is likely the 3.8% unemployment rate and numbers I’ve seen about 2.2mm fewer on food stamps and 1.8mm fewer SSDI recipients. Mid those people are employed and doing better for themselves, that will have a multiplicative effect in the real economy
July 26, 20187 yr 5 hours ago, Aqua Buddha said: Once companies realize advertising on Facebook is useless then the whole thing will crash. P&G quit spending hundreds of millions of dollars on ads on FB and YouTube and it didn't impact their sales at all. Most of Facebook's users at this point are olds talking to each other and advertisers hate olds. P&G would be better off paying a Kardashian/Jenner to shove a bottle of fabreeze up their snatch on Instagram than giving FB ad dollars.
July 27, 20187 yr CPI up 3% Personal consumption up 4% GDP up 4.1% on First estimate Final Q1 up from 2 to 2.2% Business Investments 7.3 % Massive increase in exports up 9.3% Edited July 27, 20187 yr by Trey3216
July 27, 20187 yr So I bought some KNX yesterday after it got hammered (I worked for them before grad school). With the numbers above they should have some good gains if they can solve their driver shortage issues.
July 27, 20187 yr 1 hour ago, Trey3216 said: GDP up 4.1% on First estimate Markets all yawning. I'm guessing a 4% quarter was more or less expected and priced in. Anything less would have probably gotten ugly.
July 27, 20187 yr 1 hour ago, Yarbr said: Trey, curious on your thoughts on TWTR. Frustrating. I think they’re a better platform going forward with the removal of bots and what have you. Numbers were solid. Caution on guidance did them in. I do think it opens the. Back up as an M&A target. The company’s momentum is pretty healthy in terms of Earnings, Rev, ARPU, and other metrics.
July 27, 20187 yr 22 hours ago, Aqua Buddha said: Once companies realize advertising on Facebook is useless then the whole thing will crash. P&G quit spending hundreds of millions of dollars on ads on FB and YouTube and it didn't impact their sales at all. Most of Facebook's users at this point are olds talking to each other and advertisers hate olds. You laugh, but my MIL buys dumb shit off facebook ads on a near monthly basis. I'm sure she's but one of millions doing so
July 27, 20187 yr 45 minutes ago, Hugo Stiglitz said: Twitter taking a huge hit today maybe you should post some more tweets, if possible
July 27, 20187 yr 1 hour ago, Captainant said: You laugh, but my MIL buys dumb shit off facebook ads on a near monthly basis. I'm sure she's but one of millions doing so Like I said, P&G was very surprised when they pulled their online ad budgets. They expected a sales hit but there was nothing. The average time spent on their ads was something like 1.7 seconds. P&G was one of the bigger spenders in online advertising, too. I'll see if I can try and find a link later. It's out there, though.....
July 27, 20187 yr 23 minutes ago, SDG said: HMNY is having a bad day down 65% Since the reverse split the other day they’ve dropped from 24 to 3. Almost identical to DRYS. They’ll reverse again next week and get taken to zero again. Absolute dumpster fire
July 27, 20187 yr They didn’t have enough cash to purchase movie tickets yesterday. Out a fork in it...
July 27, 20187 yr The only question I have abbout HMN 6 hours ago, Trey3216 said: CPI up 3% Personal consumption up 4% GDP up 4.1% on First estimate Final Q1 up from 2 to 2.2% Business Investments 7.3 % Massive increase in exports up 9.3% So, Goldilocks. Good.
July 27, 20187 yr Looks like P&G cut about 200mm total https://www.adweek.com/digital/procter-gamble-cut-140-million-in-digital-ad-spending-because-of-brand-safety-concerns/
July 27, 20187 yr 2 hours ago, Grade of D as in David said: Looks like P&G cut about 200mm total https://www.adweek.com/digital/procter-gamble-cut-140-million-in-digital-ad-spending-because-of-brand-safety-concerns/ Sounds about right. I think they said about six months later that it didn't impact sales at all and they were very surprised.
July 28, 20187 yr 6 hours ago, Trey3216 said: Since the reverse split the other day they’ve dropped from 24 to 3. Almost identical to DRYS. They’ll reverse again next week and get taken to zero again. Absolute dumpster fire I was really hoping I could buy some puts post reverse split, but I didn't see any listed, at my brokerages, at least. They burn 40-50 mil a month, and needed an emergency loan for 5 mil on Thursday to keep the dream alive...for a few days anyways. Pretty shady history laid out in this article https://www.businessinsider.com/moviepass-owner-emerged-from-indian-company-accused-of-massive-fraud-2018-7 Edited July 28, 20187 yr by Blotto
July 28, 20187 yr 3 minutes ago, Washpark said: I bought FB today I don’t do tech buy bought yesterday. We’ll see.
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