How well do you know this guy?
Anyone investing heavily this year??
- Thread starter rph2005
- Start date
How well do you know this guy?
I know him very well... because its me.
Im getting 5.02% from UFB
They dropped down to 4.8,but they grandfathered me in at 5.02
That’s crazy! This shit is fucking nuts! Calm before storm?
just wanted to know before I subscribe.I know him very well... because its me.
Appreciate it.
Cybersecurity stocks had a bad week after the effects of the Silicon Valley Bank failure showed up in earnings reports -- and after a strength that many companies relied on last earnings season shifted to a liability.
Shares of Cloudflare Inc. (NET) and Tenable Holdings Ltd. (TENB), which both logged their worst one-day percentage drops this week, and other companies having a worse week than the ETFMG Prime Cyber Security exchange-traded fund (HACK) included Zscaler Inc., Okta Inc., CrowdStrike Holdings Inc. and Palo Alto Networks Inc.
On Friday, analysts were discussing how Cloudflare -- which went public three and a half years ago and whose stock is now trading at more than triple its IPO pricing -- was caught up in a perfect storm of lengthening sales cycles in the broader market brought on by economic uncertainty, and of customers who were acutely sensitive to Silicon Valley Bank's failure. Analysts noted that Tenable was caught up in the same storm.
Silicon Valley Bank failed in the early part of March, three full weeks before the end of the first quarter, which certainly postponed some deal closures, especially at companies with close ties to Silicon Valley and the bank.
Last quarter, Cloudflare forecast better-than-expected results amid a stormy climate for cloud software, but that was before Silicon Valley Bank failed. Analysts said late-stage upsell deals with existing customers were particularly sensitive to lengthening deal times, especially in March.
Upsells to customers already within the ecosystem, however, were cited as a strength by most cybersecurity companies that had good earnings last season. Last quarter, identity-management-software company Okta Inc. (OKTA) said the bulk of its business was in upsells and cross-sells to established customers, and the same story was coming out of other cybersecurity companies like CrowdStrike(CRWD), Palo Alto Networks (PANW) and Zscaler (ZS). Now that logic looks like it's being applied to the rest of the industry with the breakdown of winners and losers Friday.
Of those four, CrowdStrike led the fall with a 4.8% drop Friday. Zscaler shares fell 3.6%, Okta shares finished down 2.1%, and Palo Alto Networks shares declined 1.4%, compared with the 1.3% decline on the HACK ETF Friday.
Meanwhile, shares of Cisco Systems Inc. (CSCO) and ServiceNow Inc. (NOW) both closed up more than 1%.
From late February Palo Alto Networks stock jumps as 'budget scrutiny' for cybersecurity favors large platforms
Shares of Check Point Software Technologies Ltd. (CHKP), which reports Monday, were down 0.6% on Friday. Meanwhile, Fortinet Inc. (FTNT) and Qualys Inc. (QLYS) report earnings next Thursday, Palo Alto Networks reports on May 31, and CrowdStrike, Zscaler and Okta report on June 1
Shares of Cloudflare Inc. (NET) and Tenable Holdings Ltd. (TENB), which both logged their worst one-day percentage drops this week, and other companies having a worse week than the ETFMG Prime Cyber Security exchange-traded fund (HACK) included Zscaler Inc., Okta Inc., CrowdStrike Holdings Inc. and Palo Alto Networks Inc.
On Friday, analysts were discussing how Cloudflare -- which went public three and a half years ago and whose stock is now trading at more than triple its IPO pricing -- was caught up in a perfect storm of lengthening sales cycles in the broader market brought on by economic uncertainty, and of customers who were acutely sensitive to Silicon Valley Bank's failure. Analysts noted that Tenable was caught up in the same storm.
Silicon Valley Bank failed in the early part of March, three full weeks before the end of the first quarter, which certainly postponed some deal closures, especially at companies with close ties to Silicon Valley and the bank.
Last quarter, Cloudflare forecast better-than-expected results amid a stormy climate for cloud software, but that was before Silicon Valley Bank failed. Analysts said late-stage upsell deals with existing customers were particularly sensitive to lengthening deal times, especially in March.
Upsells to customers already within the ecosystem, however, were cited as a strength by most cybersecurity companies that had good earnings last season. Last quarter, identity-management-software company Okta Inc. (OKTA) said the bulk of its business was in upsells and cross-sells to established customers, and the same story was coming out of other cybersecurity companies like CrowdStrike(CRWD), Palo Alto Networks (PANW) and Zscaler (ZS). Now that logic looks like it's being applied to the rest of the industry with the breakdown of winners and losers Friday.
Of those four, CrowdStrike led the fall with a 4.8% drop Friday. Zscaler shares fell 3.6%, Okta shares finished down 2.1%, and Palo Alto Networks shares declined 1.4%, compared with the 1.3% decline on the HACK ETF Friday.
Meanwhile, shares of Cisco Systems Inc. (CSCO) and ServiceNow Inc. (NOW) both closed up more than 1%.
From late February Palo Alto Networks stock jumps as 'budget scrutiny' for cybersecurity favors large platforms
Shares of Check Point Software Technologies Ltd. (CHKP), which reports Monday, were down 0.6% on Friday. Meanwhile, Fortinet Inc. (FTNT) and Qualys Inc. (QLYS) report earnings next Thursday, Palo Alto Networks reports on May 31, and CrowdStrike, Zscaler and Okta report on June 1
I know him very well... because its me.
I had a feeling…Good stuff!
Still doing options?
Yeap!
Market Analysis & Outlook: Week 18, April 2023
First Republic Bank Collapse, Earnings Season & GDP, Stocks to Watch, Real Estate Market Update, Mortgage Rate Predictions, Technical Analysis & More!
www.thefinancenewsletter.com
Im holding as a long term spec play, seeing how they do after the student loan moratorium ends and kinda using that as a hedge for bad news. So I buy a few shares every month.
$SOFI took a hit today. Highest price action is at $6.04. If it gets down to $4.50, I may start a position for a $1-$2 recovery.
What's the plan for you all holding?
Nah, the market expected this.
However , what does this mean for the other banks, the economy etc. ?
Several thoughts....Pacwest in trouble ?
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yeah yeah everyone's a expert now after the fomc meeting.
So many banks are screwed right now.
RF
BPOP
KEY
BOH
MCB
CMA
WAL
Take your pick.
RF
BPOP
KEY
BOH
MCB
CMA
WAL
Take your pick.
True. The only thing that concerns me is the house republicans playing chicken with raising the debt limit. But that could be a good put play.
They are always playing games. Powell (basically) said that this isn't something the US should toy with and it would have bad effects globally. They'll kick the can 3 to 6 months and we'll do it again.
Global issuance of mortgage-backed securities falls to a 23-year low
The issuance of global mortgage-backed securities (MBS) slumped to a 23-year low in the first four months of this year, highlighting the turmoil in the real estate sector as higher mortgage rates hit property sales and refinancing.
"Analysts said the slower issuance of bonds could point to more trouble for the sector as there would be a smaller supply of funds for borrowers, who are already hit by banks' tighter lending standards after the recent banking turmoil.
"The decline in the issuance of MBS could lead to a reduction in the availability of credit, making it harder for home-owners and property developers to secure financing," said Armstead Jones, strategic real estate advisor at Real Estate Bees."
The love keeping it hide till the last minute, so there won't be a run on the bank and they can their bonuses in order before the government has to step in.
Housing glut = price drop. That'll be a great time to pick up some properties. Get that savings account ready!Global issuance of mortgage-backed securities falls to a 23-year low
The issuance of global mortgage-backed securities (MBS) slumped to a 23-year low in the first four months of this year, highlighting the turmoil in the real estate sector as higher mortgage rates hit property sales and refinancing.www.reuters.com
"Analysts said the slower issuance of bonds could point to more trouble for the sector as there would be a smaller supply of funds for borrowers, who are already hit by banks' tighter lending standards after the recent banking turmoil.
"The decline in the issuance of MBS could lead to a reduction in the availability of credit, making it harder for home-owners and property developers to secure financing," said Armstead Jones, strategic real estate advisor at Real Estate Bees."
Mid-Week Market Update & Insights (Week 18, April 2023)
Interest Rate Hikes, Housing Bubbles, Insider Trades, Technical Analysis & More!
www.thefinancenewsletter.com
Good info in that newsletter. I subscribed.Mid-Week Market Update & Insights (Week 18, April 2023)
Interest Rate Hikes, Housing Bubbles, Insider Trades, Technical Analysis & More!
I used to get an email from dude every now and again, but he seems to be ramping up output with these summary updates as of late. They quickly cover a good amount of info.
@Aww Skeet Skeet!
Advanced Micro Devices Inc (NASDAQ:AMD) shares spiked Thursday afternoon following reports that Microsoft Corp (NASDAQ:MSFT) is helping finance AMD's foray in AI.
What To Know: According to Bloomberg, Microsoft, which is heavily invested in OpenAI's ChatGPT, is helping finance AMD's expansion into AI processors.
The news comes a day after AMD CEO Lisa Su said the chip company is making a "big bet" on the generative AI boom in an interview on CNBC's "Squawk On The Street."
"We're putting AI into every aspect of our product portfolio," Su said, adding AMD plans to launch its first AI PCs later this year.
Advanced Micro Devices Inc (NASDAQ:AMD) shares spiked Thursday afternoon following reports that Microsoft Corp (NASDAQ:MSFT) is helping finance AMD's foray in AI.
What To Know: According to Bloomberg, Microsoft, which is heavily invested in OpenAI's ChatGPT, is helping finance AMD's expansion into AI processors.
The news comes a day after AMD CEO Lisa Su said the chip company is making a "big bet" on the generative AI boom in an interview on CNBC's "Squawk On The Street."
"We're putting AI into every aspect of our product portfolio," Su said, adding AMD plans to launch its first AI PCs later this year.
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Gotta catch up to $NVDA somehow. I picked up a few after ER. Obviously, didn't see this coming. Companies need compute, and $AMD needs to be central a player.
My exit is still 2025, but it'll depend on $INTC's progress.
I am bearish on everything this year. I'm selling a call spread on apple in the morning.