Friday, December 6, 2024

Friday 06 Dec 2024 Morning Notes

Flipped a straddle in FI yesterday from 4.60 to $5.60. The bigger news is that I took some cash off the table in my retirement accounts from the stock market, a position I've largely been long on for the past 16 years. I plan on putting the proceeds into Bassman's MBS fund paying a 6% dividend. Everyone and his cousin thinks the market is going higher. I'm wondering if this is similar to everyone and his cousin believing inflation was "transitory".

Yesterday AMC: ASAN, DOCU, GTLB, HPE, IOT, LULU, PATH, ULTA
Today BMO:

Other News: AMC drops on share offering, how many times does this have to happen before AMC longs learn they own complete garbage??

Follow through names to watch: FI

GAINERS:

LOSERS:

Follow through watch:

Day before Y'day AMC: AEO, S
Day before Y'day BMO: CSIQ, DG, KR, SIG,

Y'day Other News:

2 days ago AMC: CPB, CRM, OKTA, MRVL
2 days ago BMO: CHWY, DLTR, HRL, FL

2 days ago other news: LUNR: -18% at 11.50; FL: -15% at 20.43; CHWY: -7% at 31.32; CPB: -5% at 43.32; HRL: -2% at 31.15; MRVL: +16% at 111.73; OKTA: +13% at 92.50; CRM: +10% at 367.50; ROKU: +6% at 80.30;

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