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TreeHouse Foods, Inc. (THS)

NYSE - Nasdaq Real Time Price. Currency in USD
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40.00-0.64 (-1.57%)
At close: 04:00PM EST
40.00 0.00 (0.00%)
After hours: 04:11PM EST
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  • J
    Jameson
    PS: regarding the Ukraine and US troop build up in the area - this is clearly posturing and a tremendous waste of money, not to mention reckless. Everyone knows that the likelihood of US troops entering the Ukraine is zero. Or at least it should be zero.
  • C
    Chad
    Oakland has had long enough, without meaningful operational improvement to show for his effort ( or justify his salary) .

    The folks at Jana will take appropriate steps to force change that is needed.
  • J
    Jameson
    Happy New Year. The market has begun the year not unlike it finished the last, which is not quite what I expected. TSLA very much popped. And that's good.... unless it crosses 1300 this week. Apparently, I should have left more space. My AAL bear call spread at 19/20 could require some management. I opened a new set at 19.5/20.5. Gold really flopped. USD too strong and Treasury yields up.
  • J
    Jameson
    Cryptocurrencies have been having a rough time. It could be that there's still a long way down for them. I'm not sure if there is a safe way to short the group, or at least specific ones. Maybe there's an ETF with options? I think it is important to consider any knock-on effect should cryptocurrencies drop substantially, especially the larger cap ones like Bitcoin. Sometimes when one asset group or sector does poorly, funds flow away from it and into others. So, one could argue that going long wherever the funds will flow is another way of taking advantage of the possible slippage in crypto. On the other hand, sometimes significant disruption in one asset group or sector has a way of acting negatively upon almost everything. I don't think that cryptocurrencies are "supposed to" present systemic risk, but that doesn't mean that it's how it would actually play out if, for example, Bitcoin fell to 10k in a week. Any thoughts on this would be appreciated.
  • J
    Jameson
    No matter how I say it, I'm unable to post the remainder. I was merely discussing what the Fed said today and evaluating it, especially the piece about supporting the market. I also talked about the puts on the gold stock that we placed, and some scenarios around that. All of this seemed far more benign and on topic for a finance message board than anything else I said.
  • J
    Jameson
    New Covid variant. Is it a valid macro concern or flash in the pan? Knowing the answer would determine whether this morning presents great opportunities or peril.
  • J
    Jameson
    Lots of speculation that oil is going to be released from strategic reserve. Not sure how that makes sense. There's no shortage or emergency. OPEC might respond by reducing output. It seems like a more rational policy would be to encourage suppliers to increase production. Frackers can turn it on without much lead time.
  • J
    Jameson
    Portion 1b: Let's hope that all of our GOLD positions taken today pay off. I think there is an excellent chance of it, especially those that expire this Friday. If not, then I guess we will be writing covered calls on some very low priced shares. For my part, I prefer the former scenario, since I already have shares that I would like to see increase in price so that I can begin writing meaningful calls against them again.
  • J
    Jameson
    @mac, I was reading that SDOT is up in arms about ecology blocks in the street in front of Fremont Brewery. Apparently, clogging up the street isn't acceptable unless you are using an RV to do it. Then I read that the city itself is using ecology blocks in places like the Seattle City Light substation. The hypocrisy is rich. Anyway, I thought of you, because I suspect that you delivered some of these blocks. I think you mentioned that the city was paying to have some of these plopped down. Let's hope that better times are ahead with a few new people coming into office. Fingers crossed on Sawant, but I'm not optimistic on that one. She has a machine.
  • J
    Jameson
    The Treehouse missed on earnings. 😱
  • J
    Jameson
    Appears that the incredible shrinking $3.5 trillion Trojan horse is near the finish line. Nancy is proud to say that even though it's not as big as originally planned, it will still be the biggest blob of debt that has ever been passed by Congress. How sad and typical to push something through according to a timeline rather than having it properly written and complete. B wants to talk about it when he goes to Glasgow, and they need to try to help the governor of Virginia. I think it might be another "you have to pass it to see what's inside" kind of bundle. I'm reminded of the scene in Dr. Strangelove where the Russian ambassador is asked why he did not notify the Americans about the existence of the Doomsday machine. He responded that the premier wanted to wait until his birthday to announce it, because he likes surprises. That's not verbatim, but at the time of the movie, it was very funny to think that someone would let the calendar drive an important decision.
  • J
    Jameson
    It will be interesting to see the capital gains proposal when it comes out. I think they are aiming high with the idea of negotiating something lower, or with carve outs. The capital gains tax that has been proposed for Washington State exempts sales of real estate and certain types of businesses. I mention this as an example. Personally, I think capital gains taxes are too high as it is. Assets that have been held for a very long time have inflated. This is not quite the same as appreciation. Someone of very modest income can get treated as high income in the year that they sell such an asset. Where I live, selling a house that has been owned for a couple of decades can easily result in having to give up 1/3 in taxes and fees. And I don't live in a state with an income tax (yet). Some say this is paying one's fair share. But, keep in mind that while owning such an asset, one pays property tax every year. So, the argument that you should pay because "you didn't build that" doesn't hold. If taxes were more reasonable, say 10%, the government would probably reap more revenue, because the velocity of transactions would increase. At 10%, I think 1031 exchanges would occur infrequently. And, we know that transactions also stimulate other tax revenue, such as general sales tax, because improvements tend to occur in order to prepare an asset for sale, and the buyer then makes further improvements upon taking possession. I'm rambling and annoyed.
  • Y
    Yahoo Finance Insights
    TreeHouse Foods is up 4.93% to 43.20
  • J
    Jameson
    It seemed like time to begin a new thread, even if it's more of the same. AMC was hot today, but I was unable to get any new spreads to trigger. I guess I was asking for too much, but I would rather have nothing than load up right now. It's a short week and I have projects to attend to at home. I did do a staggered buy/sell that allowed me to swap my $49 weeklies for $48 at no cost. So, I now have a $46/48 spread. It's not something I would enter right now, but it's the culmination of a couple weeks of trading around, so at least it's no longer a $5 spread. I opened a lot of GOLD short puts today at the $20 strike. Surprised?
  • J
    Jameson
    I was curious about what it might cost for an FCX put far enough out to benefit from a slide. I looked at the 2022 LEAPs. It turns out that 3k contracts traded at the $20 and $25 today. This surprised me.
  • J
    Jameson
    AMC looked like it could kicking off a new bullish wave yesterday, but the follow through today fizzled. It feels like the overall general trend will be down from here, as interest amongst the memesters gets diluted across other names. I am being cautious about considering any new short calls going into earnings ACAD got taken to the woodshed on weak guidance. I believe that there will be some recovery in the name over time, assuming that they can get sales going. But, the path forward for label expansion is murky. I'm going to hang on, but do not plan to put any new money into it. VUZI has become weak. I am glad that I sold calls against most of my shares, although I am wondering if I should have used a lower strike. If I felt any conviction about the earnings call on the 9th, I guess I would close out my calls at a tidy profit ahead of it. I feel no conviction. Earlier this week SSRM had a very good quarter and their announcement coincided with a pop in precious metals. Today, precious metals are doing horribly. I sold GOLD short puts for next week at the 20 strike this morning and got 23¢. You may recall that my comment shares were called away last week at 21.
  • J
    Jameson
    I was just reading an article about on Dow Jones about the NY Fed survey regarding inflation expectations. The survey shows that consumers expect 4% annual inflation. Increases are expected in home prices, rent, food, gasoline and medical costs, Here's the part that I found most interesting: "...those who reported the highest inflation expectations were those over 60, who presumably recall and were most scarred by the high inflation of the 1970s, and those with a high school education or less." The over 60 part makes sense. At 60 years old you would barely be old enough to recall the Carter years. What is it about education level that skews the results? I have thoughts, but I'll first ask for the audience to respond.
  • J
    Jameson
    I was reading today about the new unemployment numbers. According to Jeffries, which I would take as accurate, since they would have derived this directly from available data,
    fromom mid-May through the week ended July 3, continuing claims were down 19.2% in states that ended the $300 enhanced payment in June and July. Over the same period, they were down 6.7% in the remaining states that are set to end benefits in September. I haven't seen yet what the people who are adamant that the federal benefits have nothing to do with the inability to find workers have to say about this. Their stance has been laughable and nearly embarrassing to watch.
  • J
    Jameson
    I'm on the lookout for new ideas. I'm thinking that gold miners could prove attractive, given both the likelihood of higher inflation and the possibility that crypto crashes at some point. Anyone have suggestions?. I've already put a modest amount into SSRM. I don't if I want to put anything into the mega miners like Barrick. Maybe. I've just begun to investigate AUCOY. Everything equal, I don't tend to like companies that are headquartered in other countries.
  • J
    Jameson
    Just read a CNBC article that has a video clip of Jeremy Siegel. I can't link it, unfortunately. The title begins with "Market Unprepared for Inflation...". He says that the taper May happen faster than people expect because inflation is going to be worse than the Fed either believes or is saying. He talks about what he thinks will go up or down as a result. I would be interested in anyone's reaction to his predictions. He also mentions that Bitcoin has taken away some of the interest that would traditionally have been devoted to gold.
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