Category: stocks
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Investing in Costco today is actually betting against it
Costco has been the best single holding in my portfolio and after 10 years and ~1000% gains, I liquidated my holdings of Costco when it crossed $900 last week. To be clear, Costco is going to have a fantastic report today – we know this because they already release monthly sales and Costco has continued…
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Costco Wholesale misses quarterly revenue estimates
Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices. Shares of the company were down marginally in volatile extended trading. They have gained about 37% so far this year. While ultra-low prices on groceries and…
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China stocks see best week since 2008 on stimulus impact as most Asia markets rise
Looks like the world is now recalibrating their investment strategy in China (including Hong Kong) and the pumps continue … Will those ex-China fund move back? China stocks see best week since 2008 on stimulus impact as most Asia markets rise https://www.cnbc.com/2024/09/27/asia-markets.html Key Points Chinese markets have recorded their best week in almost…
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Data Summary (Short Version): 9/27/2024
Core Economic Indicators Core PCE (Aug): +0.1%, slower inflation. (Neutral) (Low) Core Inflation: 3.2%, stable. (Neutral) (Low) PPI (July): +0.2%, minor inflation. (Neutral) (Low) Labor Market Jobless Claims (Sept 21): 218K, stable. (Neutral) (Med) Non-Farm Payrolls (Aug): +142K, slower growth. (Bear) (Med) Unemployment (Aug): 4.2%, steady. (Neutral) (Low) JOLTs Openings (July): 7.673M, below expectations. (Bear)…
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The Chinese stock market is notching its strongest weekly gain since 2014.
The CSI300 is up by 12.4% this week so far, which is its strongest weekly gain since December 2014 (+13.4%). By the end of the day, it could be strongest weekly gain since 2008. I know we hate investing in China in this sub, but there might be a point for adding a bit of…
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Why Healthcare stocks not popular around?
I am new to stock market subs. What caught my attention is healthcare stocks are rarely discussed. I am surprised because unlike other industries: Healthcare companies announce product sales and regional sales numbers Healthcare companies clearly state if there is competition or not Easier to forecast because both Patent expiry date and pipeline are public…
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East Coast port strike looms for first time since 1977.
Thousands of dockworkers at every major East and Gulf coast port are girding to strike starting early next week, threatening to close trade gateways that handle about half of all goods shipped in containers in and out of the U.S. Negotiations between the union representing dockworkers and a shipping industry group representing terminal operators and…
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Anybody want to make an indicator? All Fed Rate Changes since 1990
These are all the fed rate changes since 1990. If you just paste this into an existing pine script, you got a very telling indicator. Should say what will happen after this latest rate cut. timestamp(“29-Sep-1998”, -25) // -25 bps cut timestamp(“15-Oct-1998”, -25) // -25 bps cut timestamp(“30-Jun-1999”, 25) // +25 bps hike timestamp(“24-Aug-1999”, 25)…
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Deep dive into Manchester United ($MANU) – Rich Men’s Ego Boost
1.0 Introduction Back in 2012, Manchester United became a public company, at $14/share. Over a decade later with many ups and downs, the share price is up disappointing 18%. For comparison, the S&P500 is up over 300% during the same period, and the FTSE100 is up a bit over 40%. The club’s financials continue to deteriorate, and I’m sure…
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‘Safety Disaster:’ Tesla FSD ‘Galaxies Away From Being Anywhere Close To Competition’
Tesla's FSD, which is now promoted as fully-supervised, is now the core technology behind the robotaxi service the company plans to launch. Most analysts assign hefty value for the FSD technology alone. With just two weeks to go for Tesla, Inc.’s TSLA Robotaxi unveil event, an analyst painted a bleak picture of the company’s self-driving…