John Melloy

Things going on in market today:
-Futures looking up a bit. Most S&P 500 stocks in the green premarket.
-Yields lower, helping sentiment
-U.S. Steel down as Biden blocks Nippon deal
-Booze stocks BUD TAP DEO down on surgeon general cancer alcohol link advisory

03.01.2025 14:04 — 👍 2    🔁 0    💬 0    📌 0

Crypto, Roaring Kitty and Fartcoin: Market speculation picks up to start 2025 Many speculative pockets of the stock market surged in early trading Thursday, the first session of the new year.

2025 begins with unchecked animal spirits
Fartcoin up 45%
Unity Software up 14% on cryptic Roaring Kitty post
MicroStrategy, other crypto plays higher
Broadcom up - no news
analyst upgrades ripping stocks
speculators taking advantage of light volume week or sign of top? www.cnbc.com/2025/01/02/m...

02.01.2025 15:23 — 👍 0    🔁 0    💬 1    📌 0

Bitcoin proxy MicroStrategy to join the Nasdaq 100 and heavily traded 'QQQ' ETF MicroStrategy, the high beta play on the price of bitcoin, will join the Nasdaq 100 index.

I wonder if one day we will look back at this as the top. Entity that uses borrowed money to buy bitcoin into the QQQ

www.cnbc.com/2024/12/13/b...

14.12.2024 01:15 — 👍 2    🔁 0    💬 0    📌 0

Here's where the stock market is headed in 2025, according to Wall Street's top strategists The smart money is broadly optimistic that stocks can still go higher, but it's also anticipating a turbulent market in the year ahead.

Wall Street soothsayers were too bearish going into this year, so for 2025 they are very optimistic. Collectively they are predicting a 9% gain in the S&P 500 next year. But with valuations near 1999 levels (price/book - P/E) is this optimism from Wall Street priced in?
www.cnbc.com/2024/12/13/h...

13.12.2024 15:19 — 👍 2    🔁 0    💬 0    📌 0

Bluesky CEO Jay Graber says X rival is 'billionaire proof' Bluesky CEO Jay Graber told CNBC that the social media app's open design could thwart potential acquisition efforts.

Bluesky is “‘billionaire proof’ .. in the way everything is designed, and so if someone bought or if the Bluesky company went down, everything is open source,” Graber said.

@jay.bsky.team @cnbcofficial.bsky.social
www.cnbc.com/2024/11/21/b...

22.11.2024 12:02 — 👍 586    🔁 98    💬 21    📌 13

Goldman's 2025 equity forecast is out and calls for the S&P 500 to gain 11% from here The much-anticipated report from the firm sees the gains fueled mostly by earnings growth.

Goldman's 2025 stock market outlook is out. The firm sees an 11% gain for stocks, fueled entirely by strong earnings growth (no multiple expansion).
Interestingly, the firm sees Trump's potential tax cut cancelled out by likely tariffs, leaving no net benefit to EPS.
www.cnbc.com/2024/11/18/g...

19.11.2024 02:32 — 👍 0    🔁 0    💬 0    📌 0

Good chart in @michaelsantoli.bsky.social ‘s article today.
“Bank of America’s wealth-management clients have 63% in stocks, near the upper end of a 20-year range.”

www.cnbc.com/2024/11/16/p...

16.11.2024 18:43 — 👍 34    🔁 7    💬 5    📌 0

a green street sign for wall street ALT: a green street sign for wall street

What we learned in the stock market this week:
-Most Trump trades faded as investors await chances tax cut and tariff plans will be implemented.
-Bank stocks kept going higher since even if Trump’s other plans get tripped up, deregulation is sure thing
-Fed rate cut next month no certainty

15.11.2024 20:18 — 👍 4    🔁 0    💬 0    📌 0

Warren Buffett's Berkshire Hathaway takes a stake in Domino's Pizza The Omaha-based conglomerate bought more than 1.2 million shares of the pizza chain for a stake worth about $550 million at the end of September.

Warren Buffett adds another great American brand to portfolio
www.cnbc.com/2024/11/14/w...
(Although this is probably his lieutenants Ted Weschler and Todd Combs...and not Buffett himself. Small position.

14.11.2024 21:23 — 👍 3    🔁 0    💬 0    📌 0