Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (73877)	11/15/2022 7:37:01 AM
From: towerdog	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97931

SOXL %EXT HRS CHG.... is about the hottest I've seen...... TSM +10.84% AZTA +32.46%

To: ajtj99 who wrote (73877)	11/15/2022 7:51:17 AM
From: Lee Lichterman III	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97931

I guess the buy back is why they're up like you said. Declining earnings and a 24 PE just doesn't make sense otherwise. Like I said a few days ago though, they were busy when I was there. I'm still seeing tons of help wanted signs everywhere here but it's all low paying jobs. Auction prices are still high too so though I'm reading about increasing credit card defaults, bad car loans and Repos, increasing debt burdens etc, not really seeing it at the ground level. Cattle prices are up though so ranchers here might be flush and not typical of rest of the country. They've got futures pinned just under ES 4K waiting on the PPI number so they can gap over resistance or fail and fall.