STOCK MARKET: Let's talk stocks and investing

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

 

long

 

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

 

gains go poof..

 

Where my money go?

 

Stocks Retreat on ___________ Concerns

 

Flatulence shortage

 

I been had saying ERX & TMV (my Jordan and Pippen). TQQQ snipe was for SPORT.

 

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.

 

Our portfolios died for Elon Musks Twitter bid.

 

*hugs*

 

Seriously though. What’s the bottom based on fundamentals. This market has been superheated for a while.

 

NET slight beat, and down 30%, still freefalling

 

Fundamentals probably won't matter for a while. lol.

 

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.

 

Sell in may, except during dips?

Doesn't have a catchy rhyme to it...

 

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.