Use this thread for general market-related discussion.
Please keep the discussion civil and substantive.
Highlights for this week in trading:
- Markets are preparing for Powell’s testimony to Congress (3/7) and payroll data release (3/10)
- Powell is unlikely to sound dovish, and job data may get a boost from the weather.
- Asian equities are up, but China’s growth target of 5% disappoints.
- The Australian dollar and commodity prices are reacting negatively.
- Bonds are more positive, especially in Australia and New Zealand.
What does everyone predict will happen this week?
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Mid-day market performance, any thoughts?
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What tickers are everyone watching today?
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$BBIO stock is up like 50% after releasing positive trial data. Been meaning to look into adding data on clinical trials to the platform.
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$KALA another pharmaceutical up big as well
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Just put out a new tweet on Flex LNG. $BOIL has been getting killed lately, but congressmen are still buying up stock in $FLNG.
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I saw that Huawei abandoned plans to build $1B research campus in Cambridge do y’all think this trend will continue with US sanctioned Chinese companies?
Not sure - but it looks like Huawei might have trouble getting U.S. chips as well:
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Homeland security committee has a hearing on China this Thursday - might get more info then.
What’s the opinion on $SPY? It’s been up and up, maybe puts ending next week?
Will be keeping an eye on the senate banking committee hearing tomorrow, where JPOW is gonna be testifying.
$NVOS looking good and much positive discussion on twitter rn
where are you streaming?
$NVOS looking good and $TRKA is dropping but I think it will shoot back up. Currently triggering allot of stop losses
what’s causing $NVOS to rise, was it just reddit users? I’m trying to learn about the stock market
Jerome Powell’s speech to Congress today did anybody watch?
I’m not entirely sure, but I watch discussions on Twitter and people who know what they’re talking about to learn
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