China hacked the US bond auction- $TTD earnings - an opportunity? - 11-10-23 Market Update

$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) Best thing about this Black Friday sale - There's a monthly payment offer along with a yearly offer  TRENDSPIDER BLACK FRIDAY SALE - up to 82% off (limited time) Sign up at link ⁠⁠⁠⁠⁠⁠⁠⁠https://trendspider.com?_go=gary93⁠⁠⁠⁠⁠⁠⁠ Email me at ⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠ I’ll send you the welcome letter that includes all the algorithms, watchlists and scanners that you see me use each and every day. Get $50 off a year of Seeking Alpha.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.sahg6dtr.com/2L9M597/R74QP/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TESLA referral -Use my referral link to buy a Tesla and get up to $500 off and 3 months of Full Self-Driving Capability.  ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.tesla.com/referral/gary82526⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Social Links and more - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://linktr.ee/dailystockpick ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ FREE NEWSLETTER WITH CHARTS - subscribe at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠dailystockpick.substack.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORED BY VISIBLE - Check out this page: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.visible.com/get/?3P8FJPM⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  $20 off your first month - only $5 for the first month Sign up for Webull and get free stocks like I did - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://a.webull.com/IStte9iTQnfaDYFoCt⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Get AT&T Fiber at your home - I have 1GB service ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.att.com/referral/code/?ref=TVY-3964⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ 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