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To: Bob434; calljack; cgbg; Craftmore; DCBryan1; EEGator; Fireone; fretzer; hecticskeptic; ...

Please ping me if you want to be added to the list, but…

NOTE: For discussion purposes only. I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you, nor does FreeRepublic.com.


2 posted on 02/22/2024 7:12:29 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

IMO, while anyone long right now is quite pleased I’m sure, be careful. Things are looking pretty frothy.

LT Treasuries are up, so it looks like the Fed is fueling this to some degree as well.

There is some chart resistance in the 435 area ST.

Next resistance would be around 439-440, the recent top on Feb 12.

I’ve raised by stops twice today, and am considering taking some profits here. Huge spikes like this often don’t continue forever.

NOTE: For discussion purposes only. I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you, nor does FreeRepublic.com.


3 posted on 02/22/2024 7:23:18 AM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

side note, Eccl. Watch this re vivek and see if you feel the same about him after this

https://www.youtube.com/shorts/0UVGNStMc6o


5 posted on 02/22/2024 7:33:58 AM PST by spacejunkie2001
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To: Eccl 10:2

I understand nVidia is changing their pricing structure for high end chips. There will be a $10k per year license now, so their clients will bleed pretty hard until a suitable alternative emerges. Pretty surely that will end up on the bottom line in short order.


77 posted on 02/22/2024 1:42:18 PM PST by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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