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Post by huh on Oct 27, 2017 6:59:04 GMT -5
10 things you need to know before the opening bell The Saudi Aramco IPO may not happen. Saudi Finance Minister Mohammed Al-Jadaan told the Financial Times that an international listing was just one "option" and that the state oil giant could look for private investment overseas. Japan's inflation remains weak. Consumer prices rose 0.7% year-over-year in September, unchanged from August, according to data released Friday by Japan Statistics Bureau. CVS is reportedly interested in buying Aetna for $66 billion. The deal would value Aetna at about $200 a share, a 25% premium to Thursday's price, The Wall Street Journal's Dana Mattioli reports. Amazon sees strong growth in its cloud business. The e-commerce behemoth reported that revenue at its all-important cloud-computing unit totaled $4.6 billion, up 34% year-over-year. Alphabet's revenue soars. Google's parent company raked in $27.77 billion in the third quarter, up 24% versus a year ago, amid strong performance from its mobile search advertising business and YouTube video site. Microsoft beats on the top and bottom lines. The company earned an adjusted $0.84 a share on revenue of $24.5 billion, outpacing the $0.72 and $23.56 billion that Wall Street was anticipating. First-day iPhone X preorders are sold out. Only those who ordered the iPhone X within the opening minutes it was available at Apple.com will receive their phones the first day it's available. Stock markets around the world are higher. Japan's Nikkei (+1.24%) hit a 21-year high, and France's CAC (+1.05%) leads in Europe. The S&P 500 is on track to open up 0.39% near 2,570. Earnings reports keep coming. Chevron, Exxon Mobil, and Merck are among the names reporting ahead of the opening bell. US economic data heats up. Gross domestic product will be released at 8:30 a.m. ET, and University of Michigan consumer confidence will cross the wires at 10 a.m. ET. The US 10-year yield is down 1 basis point at 2.45%. www.businessinsider.com/stock-market-news-opening-bell-october-27-2017-2017-10
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Post by huh on Oct 27, 2017 7:00:00 GMT -5
10 things in tech you need to know today 1. The iPhone X is available for preorder, and the first customers will receive their device in a week. There are two colors, Space Grey and Silver, and two models, 64 and 128GB, selling for $999/£999 and $1,149/£1,149 in the US and UK respectively. 2. Microsoft is reportedly working on an ultra-portable, foldable tablet. The device, possibly part of the Surface family, should run full Windows on ARM chips, and fold to become a pocket-sized handset with full phone capabilities. 3. Twitter has banned all ads from accounts owned by Russia Today and Sputnik. The company announced that the $1.9 million (£1.4 million) it expected to make from RT and Sputnik advertising will be donated to misinformation research. 4. Alphabet beat expectations in Q3 earnings. Revenue was up 24% year-on-year, at $27.8 billion (£21.1 billion), net income reached $6.73 billion (£5.12 billion), and stock was up over 3%. 5. Amazon reported strong results in its Q3 earnings. Revenue was up 34% year-on-year, at $43.74 billion (£33.30 billion), beating the $42.1 billion (£32 billion) projection, while net income was $256 million (£195 million), which all sent the stock surging up over 7%. 6. Microsoft announced a big beat on Q3 earnings, which sent the stock up 3%. The company reported $24.5 billion (£18.6 billion) in revenue, up 12% from last year, net income reached $6.6 billion (£5 billion), a 16% improvement, and Productivity revenue hit a $8.2 billion (£6.2 billion) high, up 28% from Q3 2016. 7. Google issued a response to the numerous complaints about the display of its Pixel 2 XL smartphone. The company stated that some of the issues, like screen burn-in, are to be expected on OLED panels, while it will work on an update to give users the option to have more saturated — if somewhat miscalibrated — colors. 8. Spotify is reportedly cancelling original video series on the service. That includes all the show it hasn't released, as the company needs to "rethink its video strategy." 9. Google CEO Sundar Pichai said that YouTube is growing on TV during the company's earnings call yesterday. People are watching a reported 100 million hours a day worth of YouTube content on television specifically, which is a 70% increase from last year. 10. Google announced that preorders for its two Pixel phones doubled those of last year. It also said that it plans to partner with more retailers to expand its offline offering, as well as start selling the devices in more countries. www.businessinsider.com/10-things-in-tech-you-need-to-know-today-october-27-2017-10
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Post by clinton on Oct 27, 2017 7:42:12 GMT -5
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Post by clinton on Oct 27, 2017 7:43:48 GMT -5
This inflationary environment the fed has created is making cost of goods skyrocket. stores like JCP arnt going to turn around.
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Post by clinton on Oct 27, 2017 8:02:57 GMT -5
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Post by theMist on Oct 27, 2017 8:17:50 GMT -5
Jeff Bezos taking over the world lol
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Post by theMist on Oct 27, 2017 8:20:07 GMT -5
Technical move in VXX yesterday algos like symmetry - the headfake, BS move was nothing more then a technical one
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Post by walnut on Oct 27, 2017 8:22:53 GMT -5
I was in the mall near here yesterday. Only large mall in midtown Tulsa, and it is looking real bad. Macy's closed, and most of the mall is low rent stores, Vietnamese nail salons, vap smoke shops, etc, or just empty. JCPenney had boxes of merchandise all over the place, looks like a flea market. That place is not long for this world, sad. Used to be a real nice mall.
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Post by theMist on Oct 27, 2017 8:24:43 GMT -5
Scottrade having hard to borrow problems lately with TVIX, UVXY
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Post by clinton on Oct 27, 2017 8:26:54 GMT -5
I was in the mall near here yesterday. Only large mall in midtown Tulsa, and it is looking real bad. Macy's closed, and most of the mall is low rent stores, Vietnamese nail salons, vap smoke shops, etc, or just empty. JCPenney had boxes of merchandise all over the place, looks like a flea market. That place is not long for this world, sad. Used to be a real nice mall. the pennys around here do well (volume). But its easy to sell shit below cost.
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Post by clinton on Oct 27, 2017 8:27:59 GMT -5
My first boss told me "Any asshole can sell a five dollar bill for three dollars, go get 5.50 for it."
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Post by theMist on Oct 27, 2017 8:32:44 GMT -5
shorting VXX at the open
4k short VXX @ 35.42
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Post by clinton on Oct 27, 2017 8:42:35 GMT -5
OK dumped the JCP -25% ouch
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Post by theMist on Oct 27, 2017 8:43:07 GMT -5
still no shares of TVIX, UVXY to short with Scottrade Only VXX
Seems like everyone is now looking to short the VIX SCAMs lol
VXX needs to get below that 10dsma (currently 35.07) trapped between 10,20 dsmas
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Post by clinton on Oct 27, 2017 8:43:16 GMT -5
I see nothing bullish on that press release.
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Post by Herceg on Oct 27, 2017 8:49:25 GMT -5
I was in the mall near here yesterday. Only large mall in midtown Tulsa, and it is looking real bad. Macy's closed, and most of the mall is low rent stores, Vietnamese nail salons, vap smoke shops, etc, or just empty. JCPenney had boxes of merchandise all over the place, looks like a flea market. That place is not long for this world, sad. Used to be a real nice mall. Same thing in NE Ohio...............JC, MACYS, Sears just a few that are no longer in business................Malls are more like ghost towns anymore...........With big boys going by the wayside, only a matter of time that the little guy folds as well.............Owners of property and structure will eventually sell as they have no traffic of business to keep it open..............The demise is upon us...............sad as children will never understand........ JMO and BOL...........
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Post by Herceg on Oct 27, 2017 8:50:49 GMT -5
still no shares of TVIX, UVXY to short with Scottrade Only VXX Seems like everyone is now looking to short the VIX SCAMs lol VXX needs to get below that 10dsma (currently 35.07) trapped between 10,20 dsmas I don't have much but they cannot have what I have..............LOL
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Post by walnut on Oct 27, 2017 8:52:16 GMT -5
I did get to see a shoplifter try to make a break for it at JC Penneys but security caught her. The mall is turning ghetto (not that there is anything wrong with that!)
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Post by theMist on Oct 27, 2017 9:02:48 GMT -5
Watching S&P Futures Forming what looks like another iH&S pattern VXX needs to get below 35.04 (10dsma) now VXX daily chart
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Post by Herceg on Oct 27, 2017 9:12:18 GMT -5
I don't believe we will ever get the big pull back................Kind of regret doing the XIV short..............but I was even more fearful of the pull back and screwing my UVXY and TVIX shorts.................it is what it is.............wait for them to reverse split again and add more.........BOL to all....
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