Etsy Inc ETSY

$ETSY Some very weak jobs numbers released this morning. Only 29k jobs created and last reading was revised downward to a negative number. 84k was expected. Unemployment ticks up to 4.2% from 4.1%. Avg hourly earnings increases 3% when 3.1% was expected. There should never have been a rate hike last month. Core inflation is coming in tamer than expected, crude oil dropped below $90 per barrel today, and the job market is weaker than previously reported. Keep in mind that the FED jumbo cut 50 basis points to juice the economy in SEP2024 for Democrats. With the EXACT SAME core inflation of 2.4% as then but this time with a several month declining trend from 2.9%, they raised rates on Trump. It is 100% political. It isn't just that there is no correlation with macroeconomic data. The FED moves with a negative correlation with the macroeconomic data. Time to end the FED IMO. It is a political arm of the Democrat party and it is intentionally harming American workers.

$ETSY $AMZN Amzn needs to buy Etsy they need a good online gift store in the marketplace. That will hurt TJM and others .

$ETSY Wow, amazing how they fooled everyone today. Bigger picture always wins.

$ETSY 69.67 screenshot level 😁

$ETSY Damn, I wish my 82$ covered calls would have been exercised in sunmer even though it went a little higher and some more money could have been squeezed out. Highs of the year probably in.

$ETSY Bye bye 70s…

$ETSY $VKTX $ACAD PRE-MARKET MOVERS: Currently Higher: - Knife River (KNF) up 4.3% following Starboard Value announcing a position and plans to push the company's management to improve its margins or explore a sale - Everpure (P) up 4.9% after the company forecast revenue for 2028 that exceeded estimates - Dolby Labs (DLB) up 0.5% after the company announced the expansion of Dolby experiences within the Meta ecosystem of devices and platforms Currently Lower After Earnings: - Stitch Fix (SFIX) down 16.7% - Darden (DRI) down 2.0% - TD Synnex (SNX) down 8.9% - H.B. Fuller (FUL) down 1.4% - BlackBerry (BB) down 0.9% Currently Also Lower: - MGM Resorts (MGM) down 10.6% after Barry Diller's People (PPLI) dropped plans to acquire the rest of the casino company it does not already own - Dropbox (DBX) down 3,3% after Citi downgraded the stock to Sell - Etsy (ETSY) down 2.3% after Arete downgraded the stock to Neutral from Buy - Viking Therapeutics (VKTX) down 13.0% after offering $200M in common shares and another $200M in convertible notes to help fund clinical development. - Acadia Pharmaceuticals (ACAD) down 4.9% after saying its Phase 2 portion of RADIANT trial "narrowly missed" its primary endpoint