Author: pluginever
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Traders who scooped up Warren Buffett’s Berkshire Hathaway shares at a massive $620K discount during glitch will have their deals canceled
https://finance.yahoo.com/news/traders-scooped-warren-buffett-berkshire-105754520.html Investors who purchased shares in Warren Buffett's Berkshire Hathaway yesterday at a huge discount will see their trades canceled following a technical issue on the stock exchange. While it hasn't been confirmed how many people purchased the Class A stock during the technical error—which lasted for around an hour and a half—the New York…
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Since its IPO Mobileye MBLY only seems to have insider buying and no selling. Some of the buys are up to 50% above current market prices.
Since its IPO MBLY only seems to have insider buying and no selling. Some of the buys are up to 50% above current market prices. https://www.nasdaq.com/market-activity/stocks/mbly/insider-activity Looks like the highest purchase was by INTC CEO for $37.88 per share The largest quantity at a high price was by a director who bought 27,819 shares at…
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A tale of two markets: Jobs market vs Stock market
Its a coin flip whether the Fed will cuts rates next week or next month but my guess is they will in July, due to peer pressure. Everyone else is doing it. The Fed's mandate is to promote maximum employment and stable prices. Price have stabilized but unemployment is getting weaker even though the stock…
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These are the stocks on my watchlist (6/6)
Hi! I am an ex-prop trader that trades equities. This is a daily watchlist for trading. I might trade all of the stocks on here, or none of them, on any given day. I might trade stocks that don't appear on here! I hold no positions in any stocks long-term but Amazon/Mag7/general broad market indices.…
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What happens if a brokerage loses all its data?
I know this is an apocalyptical question and there's a lot of redundancy in place, backups etc. But I am curious about what are the mechanisms in place and if nowadays there's still any physical copy of ownership, so let's say in a cyber warfare a brokerage loses all its data, datacenters wiped out. What…
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SQ a buy at this level?
Is now the time to double up on this? Two consecutive quarters of stellar growth and profits. Entering the S&P 500 is expected soon Profit taking and shorts have taken it from $80 to $64. It’s showing excellent support at this price point. The stock had more than double in the last 12 months and…
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Dollar Tree is exploring a sale of its Family Dollar brand
Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close almost 1,000 Family Dollar stores in an attempt to revamp the struggling business. The discounter closed more than 500 locations during its fiscal first quarter, it said Wednesday. “We are already…
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Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Eli Lilly CFO Anat Ashkenazi will become Alphabet’s new chief financial officer effective July 31, Google’s parent company announced Tuesday, almost a year after Alphabet first announced current CFO Ruth Porat would move to a new role as president and chief investment officer. Ashkenazi has had a 23-year career at Eli Lilly, which in a…
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Fed Interest Rate Announcement Next Week
… have some big positions climbing and pretty much at ATH. Can’t help but think a “no decision” next week will send markets into a big dip. A rate cut would send it flying. Tough choice. Really don’t want to hold if it’s going to mean a big pull back. Would rather dump and buy…
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ADP jobs report says businesses hired 152,000 workers in May. Hiring appears to be slowing.
The numbers: U.S. businesses added 152,000 new jobs in May to mark the smallest increase this year, paycheck company ADP said, in what appears to be another sign of a broader slowdown in hiring. Economists polled by the Wall Street Journal had forecast a gain of 175,000. ADP is not a good predictor historically of…