Yeah, I'm really interested in NVDA like discussed earlier, but waiting for this whole PoS thing is so slow... On QCOM are you looking longterm hold or trading in/out? It's been on a nice run. AMD I almost had some quick calls, but zoom meetings screwed that up.. I guess it's better than losing money, haha
DDOG First Quarter 2022 Financial Highlights: Revenue was $363.0 million, an increase of 83% year-over-year. GAAP operating income was $10.4 million; GAAP operating margin was 3%. Non-GAAP operating income was $83.7 million; non-GAAP operating margin was 23%. GAAP net income per diluted share was $0.03; non-GAAP net income per diluted share was $0.24. Operating cash flow was $147.4 million, with free cash flow of $129.9 million. Cash, cash equivalents, restricted cash, and marketable securities were $1.7 billion as of March 31, 2022. https://investors.datadoghq.com/new...nnounces-first-quarter-2022-financial-results
Stocks Retreat on Global Economic Concerns June S&P 500 futures this morning are down by -0.61%. Weakness in e-commerce stocks is weighing on the overall market, with eBay and Etsy falling in pre-marketing trading after reporting disappointing quarterly earnings results. Also, weak economic data from Europe and China today are signaling a slowdown in global growth after German Mar factory orders posted their biggest decline in 5 months, and a gauge of China’s Apr services activity contracted at the fastest pace since the pandemic began. U.S. stock indexes maintained moderate losses on this morning’s weaker-than-expected U.S. economic data on weekly jobless claims and Q1 nonfarm productivity. U.S. weekly initial unemployment claims unexpectedly rose +19,000 to 200.000, showing a weaker labor market than expectations of no change at 180,000. U.S. Q1 nonfarm productivity fell -7.5% q/q, weaker than expectations of -5.3% and the steepest decline since 1947. Q1 unit labor costs rose +11.6% q/q, stronger than expectations of +10.0%. https://www.barchart.com/story/news/8231802/stocks-market-down-on-economic-growth-concerns
I cant just do the same things my 401k does. What's the point. Yall let me LIVE. I lost enough money on ups and wkhs and dumb **** like that. Still holding pltr somewhere, lulz.
Seriously though. What’s the bottom based on fundamentals. This market has been superheated for a while.
I think the overheated stuff has come down BIG. look at all the tech that ran up...most are down 50-70%! SPY is at the 100 week moving average....200 week is at 3500...no way we go that far down... i am calling the bottom. lol. dont kill me please.
The bottom won't happen when inflation numbers start to improve. And even then there is lots of other uncertainty. But I really don't think we've hit the bottom yet. If this truly turns into a recession then we have a bigger fall ahead of us.
