Economy stonks v27: banks, the kings of vega

[Gas121]

RTX dumped to almost -16% today. Surely an over reaction. Wish I picked up shares there. Closed -10% down.. I'll be looking to scoop some up.

$GOOG pops, but a +7% move warranted? This market is literally crazy lol.

 

[Bathwater]

I don’t mind RTX at this price, either.

Even though they can’t hit their numbers for shit I think SPOT is oversold as well. I’ll probably grab some shares there, too.

 

[Rob Battisti]

RTX dumped to almost -16% today. Surely an over reaction. Wish I picked up shares there. Closed -10% down.. I'll be looking to scoop some up.

$GOOG pops, but a +7% move warranted? This market is literally crazy lol.

My biggest bag so I don’t mind!

 

[Chesten_Hesten]

We've all been there.
@Rob Battisti

 

[Rob Battisti]

We've all been there.
@Rob Battisti

Jesus H. Christ!!

 

[RoastBeast]

My biggest bag so I don’t mind!

Hope you didn't short RIVN today. .

 

[Rob Battisti]

Hope you didn't short RIVN today. .

I did not. Is it jumping? Silly market

 

[RoastBeast]

I did not. Is it jumping? Silly market

It's not mooning but it's up 7%. It's one of my long term gamble bags but I'm still probably down 20% on it overall.

 

[Rob Battisti]

It's not mooning but it's up 7%. It's one of my long term gamble bags but I'm still probably down 20% on it overall.

Man… I just can’t imagine a company that will never be profitable being a holding.

 

[boingyman]

Haven't been in here for a while. What happened to Brackis?

 

[RoastBeast]

Haven't been in here for a while. What happened to Brackis?

He's making love to Elon somewhere in a cave in Thailand.

 

[Chesten_Hesten]

 

[Chesten_Hesten]

 

[HOLA]

Oh, happy days.

UNP finally gets their new CEO 2 days ago. It’s Jim Vena, like everyone was hoping. Shares up 10% or so on news. The last dude was HATED.

Out of the 500 S&P 500 companies, UNP was ranked dead last by its own employees for approval of their own CEO. Only 12% of employees approved of him. Even Congress has a higher approval rating than that.

 

[Gas121]

Now that was a helluva a dump today but cant say I didn't see it coming eventually. Came out of unscathed and watched from the side-lines with popcorn.

All eyes on Apple I guess, if they do not deliver, this market is dumping faster than the speed of light lulz.

Oil companies profits tanking. OXY - 83%. Mother of God..

 

[Chesten_Hesten]

 

[HOLA]

AMZN $140!

 

[HOLA]

Looks like Buffett’s earlier pessimism was largely warranted. He said at the shareholder meeting that managers at most of his businesses expected lower earnings this year vs. last year. Berkshire did manage to increase operating earnings 7% YOY, but that’s mostly a result of their insurance business. Lots of non-insurance businesses are down.

They’ve also sold $18 billion of stock on a net basis YTD, and are sitting on $147 billion in cash. Not seeing many deals, it appears.

 

[Chesten_Hesten]

 

[Chesten_Hesten]