Boiler Room: The Official Stock Market Discussion

[Ohene]

what the hell is causing this SPY dump

 

[Lakers Offseason]

TSLA just went from 173 to 161 in two hours. SMH. This seems like an easy intraday play.

 

[Ohene]

TSLA just went from 173 to 161 in two hours. SMH. This seems like an easy intraday play.

It seems like a good buying opportunity for some companies after this bounce. I'm just staying put though. A trademark day for the SP500...bounced right off that 166 area.

Shame the SP500 didnt drag Broadcom down with it though

 

[Lakers Offseason]

what the hell is causing this SPY dump

Fat fingers

 

[Ohene]

Fat fingers

This shyt has to bounce up tmw.

 

[Domingo Halliburton]

some reasons: possible war with syria that's why you're seeing US treasury yields down and gold up. durable goods numbers sucked. Italy acting like fukking morons again.

Edit: bill ackman getting out of JCP

 

[Ohene]

some reasons: possible war with syria that's why you're seeing US treasury yields down and gold up. durable goods numbers sucked. Italy acting like fukking morons again.

Edit: bill ackman getting out of JCP

Yea i read the syria thing...the durable goods numbers were what pushed it up though because of the tapering implications.

 

[Lakers Offseason]

Yea i read the syria thing...the durable goods numbers were what pushed it up though because of the tapering implications.

U.S. stocks fell, with the Standard & Poor’s 500 Index’s erasing earlier gains, after Secretary of State John Kerry said the president will hold Syria’s government accountable for the “moral obscenity” of using chemical weapons.

The S&P 500 fell 0.4 percent to 1,656.83 at 4 p.m. in New York, erasing an earlier gain of as much as 0.4 percent.

 

[Ohene]

seems like a good buying opportunity to me. blantant overreaction to news that if anything would boost revenues for many firms in the SP500. Examples that come to mind are GM, GE, Lockheed Martin and KBR...all of which dropped with the news.

 

[aliG]

The upcoming Corvette Stingray which I think will be a smashhit amongst consumers will bring good sales to GM. Does that make it a good pickup?

 

[Domingo Halliburton]

The upcoming Corvette Stingray which I think will be a smashhit amongst consumers will bring good sales to GM. Does that make it a good pickup?

do you know if the US govt still owns a bunch of shares of GM or did they sell if off?

 

[Ohene]

do you know if the US govt still owns a bunch of shares of GM or did they sell if off?

edit: Still owns > 10M shares according to Google

 

[aliG]

I wonder how the markets will react to this debt limit story.

 

[Ohene]

*sigh* Kerry just had to open his mouth and this debt ceiling seems to have created a bad reaction. Good things these calls got three weeks on em or I'd be toast

 

[Bernie Madoff]

Time to buy buy buy!