I am starting to get a bit more bullish again on the market so probably time to inverse me

. Anyway what i feel like is not discussed enough how The Phillips curve is pretty much obsolete now and i can't really explain why is this. Some people say the wages are kept down by globalisation and that in a closed economy it works. Some say that the unions have lost their appeal that kept the pressure on employers. Others that technology just has disrupted the workforce so much that nobody can really afford to raise wages or prices.

Given this even the Fed has acknowledged that it isn't working well and there are some variations that include labor force participation rate (LFPR) and they do signal that 50 point cut actually makes 100% sense given the situation.

Thoughts?

out of bynd for a quick 60 cents on a defined risk trade

hope you longs get another rally and it gives me a spot to do it again

Gonna get into a short term visa bounce

round 2 of BYND closing at 173-174... I reentered at the beginning of the day again, let's see if we can get a gap up tomorrow.

well i got stopped out and reentered around 169. got a stop below today's lows.

Gold futures have been consolidating and look ready to breakout again. Miners are seriously ripping and breaking out along with the physical ETF trusts. I bought some GLD a week or two ago and am looking to add to it.

There's the breakout on futures. Miners more highs

Seems like more and more of the bigwig finance guys are calling for buying gold in anticipation of QE4.

If institutional funds started making gld/miners 3-5% of their portfolio (I believe most don't even bother right now) then we could really see a parabolic rise.

Noob question - why would lower interest rates make gold go up in value?

Some random headline claimed that was a cause of the recent pump.

nh jupiter. what are your targets and how much of your accounts are you allocating to your gold play vs stocks?

Can anyone convince me gold > bitcoin as a hedge vs QE4?

Anyone have a theory about what happened to DDS Dillard's today? In 2019 for there to be no news or earnings seems pretty fishy, can't just be margin calls or a short squeeze. Today was a monthly options expiration so obviously there were some (not heavy but there was some activity leading into it) who took home a fortune.

i haven't looked at the company for some time, but with their ongoing buybacks, one theory was that the dillard family might try to take it private some day.
maybe someone heard something.

(credit to ahnuld, i think he brought that theory up a few years ago)

Rate has been blowing up, lots of people got bought in (vwap)

I’m pretty flat into the close, but high chance of a crash back down on Monday

Curious to hear competing theories

I don't have a target. I just think it has a good chance to outperform. It's like 3% of my portfolio which is about my standard position size. I've had a hunch for awhile that commodities especially oil will run late economic cycle. In the past going back decades oil often rose prior to a recession. The triangular consolidation from 2016 to now on gold reminds me of one from around 2010 in the big run.

I have Aug 16 82.5 calls at 30c for DDS.
The unknown is the share count; DDS has an aggressive buyback program and doesn't issue many shares. Take out the parties that are obligated to never sell (Dillards Family, Dillards Trusts), and the % float short is something like 70%.

When the share count is known, it might surprise shorts who will be forced to buyback. I think yesterday with the rate hike is a hint that the available shares may be much smaller than anticipated.

BYND is now at 190 and IB still doesn't have any shares available to short.....

yay

xmas in July, fb drops at least 10% as reality sets in and snap pops 10% confirming what most already knows by now.

I'm taking off most of the BYND here (currently 198.50).

I personally think it's going to punish the shorts and reach ATH this week, before the ER, but I'm going to have to take the profit at my target and pass the hot potato on. The gambler in me wants to let it ride badly but got to pick my spots.

Post ER I could see this going to 250 (!!), at which point I'll try my hand at shorting.

Regardless, I'll always have a special place in my heart for this wonderful stock.

A few more BYND updates in this lonely thread:

1. Short interest rate finally dropped slightly on IB from 146.5% to 145.3% - It's a start
2. It broke 200 - amazing the volume buys up here. But then pushed back down and it's at a crucial inflection point. Again, I personally think it's going higher this week but I'm curious to see how much profit taking happens the rest of the day.

Any thoughts from you other guys in BYND? Still holding?

I have BYND since 168 and I intend to hold through earnings.

I'll stay out of the way of this BYND move until it gets over 200, otherwise I'll wait til earnings and look for a short play. Not sure what that play will be yet but I'm guessing you'll be able to make a nice overnight profit being way out of the money

I'm also long SGMS from 17.62.

You mean short volume or short the stock? I wouldn't do either going into this ER. If anything I would short puts pre ER, upside risk is too high given the short interest.

For this I mean long.