dow jones

[Wally]

The Dow Jones has seen a dreaded 'death cross.' Here's what it means.

After the last "death cross" struck the Dow Jones Industrial Average in March 2022, the index fell by 12% over the following six months.

markets.businessinsider.com

 

[Wally]

Dow adds more than 150 points to clinch fourth winning day, fueled by cooling inflation data: Live updates

Stocks closed higher, building on the strong rally from the previous session, on the back of more encouraging inflation data.

www.cnbc.com

 

[Up In Smoke]

Dow adds more than 150 points to clinch fourth winning day, fueled by cooling inflation data: Live updates

Stocks closed higher, building on the strong rally from the previous session, on the back of more encouraging inflation data.

www.cnbc.com

It's encouraging that companies outside the "Big 7" are finding some strength.

 

[Up In Smoke]

Dow Jones finished in positive territory for the last 13 days. It's the first time 1987 that this has occurred.

We are nearing 2023 July highs in all the markets and long dated bond auctions are very strong. It might be a good time to set stop/loss levels or insure your holdings with options.

 

[Up In Smoke]

Investors Micheal Burry predicts a market crash as he bought 1.6 Billion in put options. That 1.6B represents 90% percent of his entire profolio. Putting his money where his mouth is. He bought both S&P and NASDAQ options.

Burry called his options 10-12 days ago and cleaned up with his positions. He has now targeted the semi-conductor segment of the market. He is putting a 1.6B dollar wager against NVDA and similarly against ETFs in this area. He doesn't win every bet, but investors certainly pay attention. NVDA reports today with forward guidance being the main focus.

 

[Up In Smoke]

I got the numbers wrong. His 1.6B was against the S&P and Nasdaq back in July, last weeks action was 47M against the semi-conductors.

 

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Warren Buffett-Led Berkshire Hathaway Sells Its Entire UPS Stake. Should You? | The Motley Fool

This high-yield dividend stock is built to last.

www.fool.com

 

[Thebrownblob]

Warren Buffett-Led Berkshire Hathaway Sells Its Entire UPS Stake. Should You? | The Motley Fool

This high-yield dividend stock is built to last.

www.fool.com

 

[IVE GOTTA PACKAGE 4U]

View attachment 455854

Warren dumped all of his UPS stock and sold a lot of other stocks.

. interesting

 

[Thebrownblob]

Warren dumped all of his UPS stock and sold a lot of other stocks.

. interesting

Hmmm if you look around the transportation trucking and delivery industry, it’s pretty scary. UPS is still doing pretty good comparatively, but he probably is getting out of all of that for now.

 

[IVE GOTTA PACKAGE 4U]

Hmmm if you look around the transportation trucking and delivery industry, it’s pretty scary. UPS is still doing pretty good comparatively, but he probably is getting out of all of that for now.

I was read a few articles about him, he feels most stocks are overpriced right now and he has a record amount of cash sitting in treasuries on the sideline

 

[Thebrownblob]

I was read a few articles about him, he feels most stocks are overpriced right now and he has a record amount of cash sitting in treasuries on the sideline

Well, he’ll be dead soon. Hope he enjoys it. Lol.

 

[IVE GOTTA PACKAGE 4U]

Well, he’ll be dead soon. Hope he enjoys it. Lol.

He doesn't care about the money he just lights making good decisions when it comes to the Berkshire Hathaway stock

He's living the same modest house for his entire life

 

[IVE GOTTA PACKAGE 4U]

Beijing Stock Exchange shaken as index plummets 6%: major shareholders urged to hold | Forexlive

Beijing's Stock Exchange suffers a 6% drop as major shareholders are advised to refrain from selling

www.forexlive.com

 

[Up In Smoke]

Midday 2s, 5s and 7s auctions should help stocks advance.

 

[Wally]

Nobody wants U.S. Treasury bonds | Semafor

The most tradable security in the world and a sign of the U.S.’s global economic might is badly out of favor, with serious consequences for taxpayers and financial markets.

www.semafor.com

 

[IVE GOTTA PACKAGE 4U]

Nobody wants U.S. Treasury bonds | Semafor

The most tradable security in the world and a sign of the U.S.’s global economic might is badly out of favor, with serious consequences for taxpayers and financial markets.

www.semafor.com

Guess they're going to have to raise the yields

 

[Up In Smoke]

Guess they're going to have to raise the yields

No, it means more dollars are flowing into the markets. As dividends grow, bond yields fall behind.

 

[IVE GOTTA PACKAGE 4U]

No, it means more dollars are flowing into the markets. As dividends grow, bond yields fall behind.

If the treasury wants to borrow money they're going to have to raise the yields if nobody's buying

 

[Up In Smoke]

If the treasury wants to borrow money they're going to have to raise the yields if nobody's buying

Treasury rates are tied to inflation and the Fed Funds rate. With today's Fed announcement of possible cuts in 24, the yields went lower.