October Stock Talk V

I expect a down day tomorrow . . . not that I have any idea what will happen.

I guess I just don't expect the markets to end in the 9's headed into the weekend.

VH2,

I think GOOG should carry the day and we should end up tomorrow.

It is expiry so who knows though.

Yeah but isn't what GOOG is doing bad for the economy if you think about it?

• They are hiring less
• They are spending less on IT infrastructure

These are the things that worry people the most . . . less jobs being created and companies spending less.  I don't know.  Just another way to think about it.

 I dunno about Google, but I have been nibbling at XOM. Of course B.O. will probably penalize them for making money, sock em with a windfall profits tax, and I will kick myself in the ass for adding yet more shares.

 I think XOM is for me what DRYS is for you Wall, a possible addiction as much as an investment!!!!.

wow uaua has had a huge run up last 2 days. i guess it safe to say that the shorts are falling off the ship today hard.

Geez they are tanking the market early here..

Only up 100 now

GOOG option holders got the stiff one today.

Gonna settle at 370 and smush the 380 holders.

Yep..

 

Much ado about nothing.  Usually the case on expiration day.

Enjoy the football this weekend, people.

 

Cheers

She is worth a read and so is her  book with Friedman...

https://online.wsj.com/article/SB122428279231046053.html

Earnings week

I expect a lot of selling the news as companies miss their estimates.  Which really doesn't make much sense since we are already in the 8's for the DOW and the selloff has already factored in missed earnings.

But nothing makes much sense these days. 

Wow, DIG went apeshit today

Up 22%

damn i sold DIG at the end of last week but i did make some money on DRYS since.

since about noon ive been looking to buy it on a dip and didnt pull the trigger. now its too high to pull the trigger for me

You holding POZN still?

Stock getting crushed, double whammy the other day.

Gold is having another bad day, I believe we are about $30/oz away from a new 52 week low.  If it breaks this level there is no chart support for quite awhile.

Come on $500/oz

And how do you come up with that cost basis?  Did gold producers not make a profit until after January 2007 when gold finally eclipsed the $600 oz mark?

The flight to safety is a ruse, jewelry sales will be down significantly and inflation is still about a year away from being an issue again.

Looks like the market is going to end up giving yesterday back.  Got a bad feeling it will get ugly here.