Author: pluginever

Personal Consumption Expenditures price index slowed to 2.5% for the 12 months ended in June from 2.6% the month before. The index rose by an expected 0.1% in June. This data should keep the Fed on track for interest rate cut(s) in the coming months. “Personal income increased $50.4 billion (0.2 percent at a monthly…

The Fed’s preferred inflation gauge increased only 0.1% last month (vs 0.1% expected). Full report from https://www.bea.gov/news/2024/personal-income-and-outlays-june-2024 PCE: 0.1% MoM 2.5% YoY PCE, excluding food and energy: 0.2% MoM 2.6% YoY From the preceding month, the PCE price index for June increased 0.1 percent. Prices for goods decreased 0.2 percent and prices for services increased…

What are your thoughts on CMG and its most recent earnings? Forward P/E is still pretty high, but it seems to be making decent profit. Looks like expansion is going well, too. For whatever reason it seems like the stock split hurt this stock, or maybe it just feels that way. It’s about $1000 off…

So I bought 20 calls of JXN back on June 2nd and it's been one of my most successful moves ever and I'm trying to do my best to keep up with it but I frequently get so much other crap when I search on Reddit and Google. If you just search JXN you get…

Let's do the math directly and take a look at Google ads results in 2023: The revenue generated by Google ads in 2023 is $237 billion. The revenue portion from Google search engine is around 60%!!! That means out of the $237 billion, around $142 billion revenue is generated from the search engine or search…

Comparable restaurant sales increased 9.3% at company restaurants and increased 8.3% at domestic franchise restaurants Average weekly sales at company restaurants were $158,991 of which $19,975 were to-go sales as compared to average weekly sales of $146,727 of which $18,496 were to-go sales in the prior year Restaurant margin dollars increased 32.7% to $242.6 million…

While lot of stocks are/near all time high, there are quite a few mega cap floating near 52 weeks low. Are there any quality stocks that you feel warrant a look. I have been primarily buying CVS, PFE, small nibbling at Google and Visa. Got out of BAC and UNH this week.

The meme stock scheduled posts will now run weekly and post Saturday afternoon and won't be a sticky; you're probably seeing this because automod sent you here! Full list of meme stocks here. This will be updated every once in a while. Welcome traders who just can't help them selves discuss the same exact stock…

I’ve been holding stock in BoA, JPM, HSBC, Citigroup and LLOY for a while now and in the last few months (especially since October 23) they’ve been performing really well. What are your thoughts on longer term performance of stock in the banking sector?

I think people may be jumping the gun on interest rates and small caps. Say they reduce by 0.25 in July on the first cut (which likely wont be till Sept) … then they wait 6 weeks till next meeting to see if they cut again another 0.25 in Sept (or December) So borrowing money…