Boiler Room: The Official Stock Market Discussion

[BlaxOps]

New $RKLB alert from Simplywall.St

New minor risk - Profitability

The company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$163m Forecast net loss in 1 year: US$159m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Currently unprofitable and not forecast to become profitable next year (US$159m net loss next year). Shareholders have been diluted in the past year (3.0% increase in shares outstanding). Significant insider selling over the past 3 months (US$400k sold).

 

[Serious]

And we move on:

WMT,NU, TGT report this week.



Home Depot, Walmart and target have the ability to move the market based on their earnings.

If they beat we’ll end the week strong. If they provide some weak guidance, prepare for turbulence. Remember the big banks said a few weeks back that the economy is healthy and more stable then we think.

Basically what recession

 

[BlaxOps]

TOP STOCKS TO WATCH FOR THE WEEK OF Aug 14, 2023

This video covers earnings this week, Home Depot, Target, Occidental P, Meta Platforms and Amazon.

 

[Serious]

TOP STOCKS TO WATCH FOR THE WEEK OF Aug 14, 2023

This video covers earnings this week, Home Depot, Target, Occidental P, Meta Platforms and Amazon.

Im kinda hoping we go bearish.

Meta at 270 is

We don’t really have any real big catalyst to send the market up. I mean NVDA reports next week. But if NVDA isn’t a grand slam earnings wise the market will be dead until cpi then fomc which is September 19th

 

[Skooby]

....

 

[Serious]

Buying more UBOT. I think NVDA can take a huge slide but I think ai is the future just not now

 

[Dolla$]

Quantum computing stocks had my portfolio green today

 

[Serious]

Home Depot beats earnings estimates, but sales slide as consumers pull back on big-ticket buys

Home Depot beat earnings estimates but reiterated its full-year guidance, saying consumers are still wary of big-ticket purchases.

www.cnbc.com

Consumers are pulling back on big ticket items.
While they beat, their guidance wasn’t strong so we maybe in for some turbulence.

NU this afternoon

TGT and WMT will be reporting early morning, over the next two days their guidance will be interesting. If they report skepticism, strap up for a potential greater slide.


However the next big catalyst will still be how NVDA reports next week.

 

[88m3]

Fake Claim That OpenAI Has a New Billion Dollar Investor Mysteriously Appears on Stock Exchange Website

The erroneous press release could be illegal as it had the potential to move markets with false information.

gizmodo.com

 

[Serious]

We did it brehs, all we do is win

Nu Holdings reports Q2 results
Nu Holdings reports Q2 results
Record high quarter of 1.9 billion
3.6 million new customers in Mexico added
263 million in net income(profit) up significantly year over year when it was a net loss(we were buying big back then at $4 a pop).

@Gloxina still ain’t pack her bags yet

 

[BlaxOps]

$TSLA, next stop $220?

 

[Dolla$]

We did it brehs, all we do is win

Nu Holdings reports Q2 results
Nu Holdings reports Q2 results
Record high quarter of 1.9 billion
3.6 million new customers in Mexico added
263 million in net income(profit) up significantly year over year when it was a net loss(we were buying big back then at $4 a pop).

@Gloxina still ain’t pack her bags yet

Yea I’m bout to add this to the portfolio. What price point did you get in at ?

 

[Serious]

Yea I’m bout to add this to the portfolio. What price point did you get in at ?

4.24…..

I’d wait and average down.

I think we may see a pull back, to low 7’s maybe even under 6.

 

[Rickdogg44]

Hard landing back on with this China shyt?

 

[Serious]

Target cuts profit forcast:

Shoppers are spending big at T.J. Maxx, HomeGoods as Target sales slide

TJX Cos., which runs T.J. Maxx and Marshalls, is seeing big gains in discretionary purchases as cash-strapped consumers look for a deal amid high inflation.

www.cnbc.com

They say there’s challenges ahead. They’re trying focus on cheaper inventory.

They also realize inflation is kicking the consumers ass by taking up a bigger share of their discretionary budget.

The article also hints that student loans will be dark horse.


One thing I did peep, they name dropped ulta which I don’t think has reported yet. They said UTLA is helping them driving significant revenue.

I really need to consider DCA into utla or some type of beauty stock. I wish there was an etf, because I hate going in on a singular stock.

No surprise UTLA’s stock is up 2% this morning