

China hacked the US bond auction- $TTD earnings - an opportunity? - 11-10-23 Market Update
Nov 10, 2023
01:00:46
$TSLQ was a 5% gainer yesterday if you traded it with me. Be cautious in this market, but stocks that are beaten down show some opportunities. And I love the Seeking Alpha mobile app. Best layout of any financial app I've seen providing all the data I needed to assess an opportunity I heard on TV. Worth the $189/year discounted price (use the link below)
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NOTES
2 things happened to potentially kill the rally
1) anyone watching Powell? "Close the F***ing door" He said he may not be done raising rates - spooked markets - they may not have done enough to keep inflation under control. Higher for longer or even more rate hikes.
https://x.com/trendspider/status/1722697421980090412?s=46&t=7y4v-tHaIEzjLo4Lw72X7g
the bond auction was a disaster and almost was canceled because buyers didn’t show up driving rates back near 5%.
at 1 PM ET the entire stock market turned lower.
What happened? Bond auction failure
The reason the auction was considered failed because there seemed to only be a few buyers of the bond, leading to a long tail (when the average bid price is much lower than the bond itself). The government came out after the auction and said there was a hack in China that prevented one of the major treasury buyers from purchasing the bonds.
The 30-year bond auction drew 4.77% which was above the presale numbers by ~5 bps.
Did you see my call on $tslq yesterday?
$sofi had insider buys
$ttd earnings - bad guidance just tanked the stock - the valuation of this one is always dangerous
guidance came “in slightly below consensus, largely because the transitory cautiousness from advertisers in certain verticals, such as U.S. auto and media/entertainment due to the strikes
$u - no guidance and after losing their ceo and missing on revenue, it’s down huge
$dkng - investor day next week - beat numbers last earnings and is cash flow positive expected early next year- I still say wait for it to pull back under $30 to buy more but they may not get back there - it is the one spac that seems to have worked out
$lly - down big - buy on weakness
For the $amc apes you were warned
https://x.com/TrendSpider/status/1722613524315378099?s=20
Social requests
Sam from fb
You think Disney could be a play or is the RSI just to high?
SCANS
$NXE
$GBTC - interesting that it trades at a 13% discount to Bitcoin
Stocks in the Core Portfolio that are a buy in the 65 min algo (which means they triggered a buy and are now in a run)
$RBLX
$UNH
$UBER
$META
$DIS