Wednesday, October 30, 2019

Notes From All Over, Part 2 -- October 30, 2019

PCG: in pre-market trading, PCG is up almost 20%, up almost a buck on a $5-stock.

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APPL: reports after the market closes today.

Dow futures: climbing the wall of worry; counting on a Fed rate cut today. Consensus: 90% of analysts, "they" say, expect a cut in the "Fed's" interest rate. Before the market opens:
  • BA: after a huge day yesterday -- up over 2%; gained $8.05 -- this was the day the BA CEO testified before Congress; does one get the feeling that appearing before Congress is no big deal; Facebook did just fine after its CEO testified; now BA did just fine after its CEO testified
  • GE (not part of the Dow), one of the movers today -- up over 7% in pre-market trading; there must be a whole ecosystem of traders that do nothing but bottom feet -- if so, must be making a killing 
  • EW: looks like it hit an intra-day high yesterday
  • GNRC: after all the excitement, dropped back a bit yesterday
  • AMZN:
NASDAQ is up 13 points. At 8,067 -- see all-time highs below.
  • AAPL: after a 2.3% loss yesterday, up a bit today in pre-market trading; up $1.45
NASDAQ all-time highs:
  • closing: Friday, July 26, 2019 -- earlier this year -- 8,330.21
  • intraday: Friday, July 26, 2019 -- earlier this year -- 8,339.64 
Public school vacation in Chicago: continues. Into ten days; no end in sight?

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