AriGold2.0 Posted June 5, 2020 Share Posted June 5, 2020 Ahh crud.. I guess I can't be dissapointed but wanted to ride this one longer. My limit stopped me at $36.00 this morning. 600 shares at $6.07 gain in 2 days.. This market is just insane.. I will watch close today for a big dip and buy back in. Have a great Friday all! Link to comment Share on other sites More sharing options...
AriGold2.0 Posted June 5, 2020 Share Posted June 5, 2020 8 hours ago, Warhippy said: I had it, sold it. Too many players with the exact same game plan for anyone to stand out. VISL though.... Knew I should have bought more... Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 5, 2020 Share Posted June 5, 2020 Never thought I'd see the day when a Canadian jobs report beat expectations by nearly 800,000 jobs. Canada May employment +289.6K vs -500.0K expected Fri 5 Jun 2020 12:30:08 GMT The May 2020 Canada employment report Prior was -1993.8K Unemployment rate 13.7% vs 15.0% expected (highest on record) Prior unemployment rate 13.0% Details: Full time +219K vs -1472K prior Part time +70.3K vs -521K prior Participation rate 61.4% vs 59.8% exp Prior participation rate 59.8% (65.5% pre-COVID) Hourly wage rate permanent employees +10.0% vs +10.5% exp Survey reflects labour market conditions as of the week of May 10 to May 16 The number of Canadians who wanted to work but did not look for a job remained high in May, falling from 1.5 million in April to 1.4 million Including the group who wanted to work but were not looking for work-without distinguishing how recently they last worked-would result in an adjusted unemployment rate of 19.6% in May, unchanged from April. Underutilization rate 34.8% vs 36.6% prior 22.5% live in a household reporting difficulty meeting immediate financial obligations, up slightly from April at 21.1% Overall share of employed Canadians who were concerned about job loss fell 5.6 percentage points to 10.8% Full report The rise in the participation rate combined with better-than-expected unemployment is a great sign, at least at first blush. The rise in jobs likely reflects the government's wage subsidy program. It allowed companies to re-hire workers with a massive wage subsidy. If you dig into the numbers, it's all good news. In particular, the biggest jump in employment came in Quebec, which reopened in May. ***************** US nonfarm payroll for May rose +2509K vs -7500K estimate Fri 5 Jun 2020 12:30:49 GMT Highlights of the US May employment report Change in Nonfarm payroll 2509K vs -7500K estimate. Prior month revised to -20687K vs -20537K estimate two month Prior month revised -642K Unemployment rate 13.3% vs. 19% estimate. Prior month 14.7% Change in private payroll 3094K vs -6750K estimate. Prior month -19724K vs. -19557K Change in Manufacturing jobs plus 225K vs. -400K estimate Average weekly hours 34.7 vs. 34.3 estimate Average hourly earnings MOM -1.0% vs. +1.0 estimate Average hourly earnings YoY 6.7% vs. 8.5% estimate Participation rate 60.8% vs. 60.1% estimate. Last month 60.2% Service sector rose by 2.4 million goods producing jobs increase 669K vs -2373K last month *************** Craziest numbers I have ever seen. 1 Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 5, 2020 Share Posted June 5, 2020 @yoshiyoshiI'm at the gym but a friend texted me about something about GNUS appointing a former Disney exec ? Link to comment Share on other sites More sharing options...
Whorvat Posted June 5, 2020 Share Posted June 5, 2020 1 minute ago, NucksPatsFan said: @yoshiyoshiI'm at the gym but a friend texted me about something about GNUS appointing a former Disney exec ? https://www.globenewswire.com/news-release/2020/06/05/2044337/0/en/Genius-Brands-International-Appoints-Former-President-of-Fox-Kids-Network-Margaret-Loesch-as-Executive-Chairman-of-the-New-Kartoon-Channel.html Link to comment Share on other sites More sharing options...
yoshiyoshi Posted June 5, 2020 Share Posted June 5, 2020 Just now, NucksPatsFan said: @yoshiyoshiI'm at the gym but a friend texted me about something about GNUS appointing a former Disney exec ? yeah and someone else too. hasnt really helped the price so far today though but its still dealing with the fallout from yesterday. Im trying not to watch it today and come back monday but so far i keep checking every 5 min lol Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 5, 2020 Share Posted June 5, 2020 2 minutes ago, Whorvat said: https://www.globenewswire.com/news-release/2020/06/05/2044337/0/en/Genius-Brands-International-Appoints-Former-President-of-Fox-Kids-Network-Margaret-Loesch-as-Executive-Chairman-of-the-New-Kartoon-Channel.html 2 minutes ago, yoshiyoshi said: yeah and someone else too. hasnt really helped the price so far today though but its still dealing with the fallout from yesterday. Im trying not to watch it today and come back monday but so far i keep checking every 5 min lol Awesome. Just more ammo for next week's run up Link to comment Share on other sites More sharing options...
yoshiyoshi Posted June 5, 2020 Share Posted June 5, 2020 Just now, NucksPatsFan said: Awesome. Just more ammo for next week's run up but monday is so far away! Link to comment Share on other sites More sharing options...
Lancaster Posted June 5, 2020 Share Posted June 5, 2020 Imagine if you gotten into Hertz when it dropped down to $0.50.... it's now up past $3.... Link to comment Share on other sites More sharing options...
Whorvat Posted June 5, 2020 Share Posted June 5, 2020 HTZ would've been a great buy for sure Any targets heading into the weekend? Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 5, 2020 Share Posted June 5, 2020 (edited) 15 minutes ago, Whorvat said: HTZ would've been a great buy for sure Any targets heading into the weekend? DGLY secured a multi million dollar contract entered at 1.94 out 2.23 Edited June 5, 2020 by NucksPatsFan Link to comment Share on other sites More sharing options...
CBH1926 Posted June 5, 2020 Share Posted June 5, 2020 EW stock split 3 way, had to get in and buy some. Link to comment Share on other sites More sharing options...
Lancaster Posted June 5, 2020 Share Posted June 5, 2020 Caught MARK as my "falling knife"... but GNUS is turning out to be pretty decent so far. This thread is slowly becoming my favourite thread on CDC. Much friendlier and more cooperative than others, lol. Link to comment Share on other sites More sharing options...
trek Posted June 5, 2020 Share Posted June 5, 2020 Still relatively early in the day but today is looking like a good one for pretty much everything. Hope everyone is seeing tons of green! Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 5, 2020 Share Posted June 5, 2020 (edited) The "V" is complete in the NASDAQ index. New all-time highs for the index. Technical Analysis Fri 5 Jun 2020 17:22:16 GMT New all time high for the Nasdaq index above 9838.37 The "V" is complete in the Nasdaq index. The price just traded to a new all-time high price. The February 19, 2020 high reached 9838.37. The run higher erased a -32.6% decline that saw the price move from a high of 9838.37 on February 19, to a low on March 23 at 6631.42. The price traded above and below the 100 day MA at the end of April into early May, but moved above the level last on May 4th and has not traded below that moving average level since. V for victory. Of course the surprise job gains today certainly helped, but overall, the US stock market is bulletproof. PS Oh BTW the Dow moved up over 1000 or 3.8% PSS The S&P is up 3% on the day. ***************************** This lunacy and moral hazard brought to you by the Fed. And it's nowhere near stopping. There will be no retest of any lows. The other indices will be at all time highs before too long. Kind of nice when the Fed pumps in so much liquidity they reduce risk to near zero. Just lever up and collect your free money. There's so much liquidity sloshing around you even see a never ending supply of these pump and dumps that seem to be so popular in here. Speaking of which. Why do none of you seem to take advantage of the dump side of the equation and short some of this trash? Make some dough on the downside? Come to think of it, I don't think i have ever read about anyone shorting anything in here. Kind of weird. Edited June 5, 2020 by nuckin_futz Link to comment Share on other sites More sharing options...
CBH1926 Posted June 5, 2020 Share Posted June 5, 2020 (edited) Who says inventing in garbage stock doesn’t pay? Hashtag waste management! Edited June 5, 2020 by CBH1926 1 Link to comment Share on other sites More sharing options...
nuckin_futz Posted June 5, 2020 Share Posted June 5, 2020 2 minutes ago, CBH1926 said: Who says inventing in garbage stock doesn’t pay? Hashtag waste management! Hadn't thought of Waste Management in years. Just punched in the ticker WMI and found it doesn't exist. Then I see it took over Washington Mutual's old ticker "WM". How strangely appropriate. Link to comment Share on other sites More sharing options...
NucksPatsFan Posted June 5, 2020 Share Posted June 5, 2020 4 hours ago, yoshiyoshi said: but monday is so far away! CVI just bought 7.5 million shares of GNUS Link to comment Share on other sites More sharing options...
CBH1926 Posted June 5, 2020 Share Posted June 5, 2020 24 minutes ago, nuckin_futz said: Hadn't thought of Waste Management in years. Just punched in the ticker WMI and found it doesn't exist. Then I see it took over Washington Mutual's old ticker "WM". How strangely appropriate. WM has been doing good, also WCN which i think is Canadian company. I haven’t thought about WaMu In years, blast from the past. Link to comment Share on other sites More sharing options...
Lancaster Posted June 5, 2020 Share Posted June 5, 2020 1 hour ago, NucksPatsFan said: CVI just bought 7.5 million shares of GNUS For a second I misread and thought you wrote "I just bought 7.5 million shares of GNUS" Link to comment Share on other sites More sharing options...
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