Boiler Room: The Official Stock Market Discussion

[mson]

Cisco beefs up cybersecurity play with $28 billion Splunk deal

Cisco Systems has agreed to buy cybersecurity firm Splunk for about $28 billion in its biggest-ever deal to beef up its software business and capitalize on the rising use of artificial intelligence, the companies said on Thursday.

www.reuters.com

 

[Regular_P]

Shocking.

 

[chineebai]

this is a good article

One Year of Rate Hikes Ends Decades of Bond Market Prosperity

The Federal Reserve's rate hikes beginning in March 2022 essentially ended a four-decade rally in bond markets.

www.investopedia.com

basically we're in a bond bear market which means capital lending rates above 4%. Companies that had access to free money over the last few years has to pay to play. Corporate bonds roll overs are going to start so the increase interest payments will have impact on cash flows. Hard to sustain growth that way. So after 30 years of being in a bond bull market, all signs point to a bond bear market.

bond bear market.....

 

[Scientific Playa]

Cliffs, Mexico is back in the saddle after all the decades following the signing of the NAFTA free trade agreement with them and Canada.


TheStreet
Follow

China is no longer the leading exporter to U.S. (here's who is)​

Story by Jena Warburton

MSN

 

[Scientific Playa]

Cliffs, Mexico is back in the saddle after all the decades following the signing of the NAFTA free trade agreement with them and Canada.


TheStreet
Follow

China is no longer the leading exporter to U.S. (here's who is)​

Story by Jena Warburton

MSN

BYD’s affordable Dolphin EV lands in North America as 500,000th unit rolls off the line​

Peter Johnson | Sep 22 2023 - 9:37 am PT
7 Comments

China’s largest automaker, BYD, launched its Dolphin electric car in Mexico Friday, expanding the brand in North America. With the 500,000th Dolphin EV also rolling off the line, the affordable EV looks to be a global powerhouse.
After launching its low-cost Dolphin electric hatchback in Japan to take on Toyota, BYD is now bringing it to North America.
BYD announced the milestone at a launch event on Friday, claiming its “ocean-inspired design and advanced technology” is being praised. The Dolphin is BYD’s fourth EV in the region, joining the Han sedan, Tang SUV, and Yuan Plus electric SUV launched in June.

BYD Mexico Link

 

[Insensitive]

The average 401(k) balance by age

Compare with your savings progress to see if you’re on track for retirement.

finance.yahoo.com

This just makes me feel blessed.
I'll be over $200k or close to it by the fall of 2024.
And hopefully, debt free by early 2025.
At which point, the investing goes into overdrive.

 

[BlaxOps]

This made me lol. I wish I could have capitalized on the fad, but it never made sense to me.

 

[MushroomX]

This made me lol. I wish I could have capitalized on the fad, but it never made sense to me.

But you ain't one of them dumdums that would put down a 2nd Mortgage thinking this shyt would be next.

 

[Serious]

https://x.com/ewhispers/status/1705216006384202217?s=46&t=LEgcAj2qtmBxsLOShuVr3Q

 

[Serious]

 

[BreezyH]

The issue with Powell is that he didn’t define what he meant by keeping rates the same for longer. What is longer? Is that 3 months a year? He also made it clear that there might be 2 cuts instead of the expected 4 cuts starting in may2024. Those 2 cuts might start next fall and the other one might start 2025. Hence the pressure on all assets across the board.

Fed is done with forward guidance so besides leaks from Timiraos, we have to take them at their word that they are data dependent. I’d say the big statement came at the q&a when Powell shyt down soft landing. It’s clear he’s not aligned with the more dovish FOMC members. Either layoffs have to pick up or new jobs openings need to explode. The good thing is we finally have enough hikes in order to cut when the bottom falls out of the economy, which is the entire point.

 

[BlaxOps]

TOP STOCKS TO WATCH FOR THE WEEK OF SEP 25,2023

This video covers earnings this week, SPY, Costco, Nvidia, Cisco Systems and Dollar General.

 

[Serious]

TOP STOCKS TO WATCH FOR THE WEEK OF SEP 25,2023

This video covers earnings this week, SPY, Costco, Nvidia, Cisco Systems and Dollar General.

didnt know about J Powell speaking this week as well.


We're about 3 weeks out from the CPI(October 12th) and I believe the next Earning Season starts on October 14th.

 

[chineebai]

been feasting off TMV for a while now.

 

[chineebai]

dis looks weak below 81 if it can close there, bear flag breakdown