The floor is impossible to predict but at the same time when you look at the macro environment there are times when risk mitigation must be exercised. Can’t simply wish for ATHs. Cash is your friend right now. Although, I haven’t touched my 401Ks since there isn’t a lot of flexibility there. Also, run the numbers on NVDA = you basically need the stock to double to simply get back to the ATH. Ain’t happening any time soon IMO. So while there is likely upside in the long run the critical number is your entry point.
OT: Stock and Investment Talk
- Thread starter RU-05
- Start date
Another round of buying across the board today! The money comes in and it goes right into the market at these amazing discounts. Don't miss out.....again.
Inflation already crested and will start crashing soon. Load up now. The rebound will be violent and missed by many.
Another inflation measure starts coming down - core personal consumption expenditures price index:
The Fed’s preferred index shows inflation rose 4.9% in April in a sign that rising prices may be slowing.
Was April the inflection point? Be prepared.
The Fed’s preferred index shows inflation rose 4.9% in April in a sign that rising prices may be slowing.
Was April the inflection point? Be prepared.
I’m trying to figure out if you are serious or (no offense) emotionally broken based on the market downturn. There are plenty of folks on Reddit right now that are showing signs of unusual behavior because they’ve lost a fortune. If we retraced many of your recommendations/buys in the last 6-12 months it would seem that you are taking heavy losses. Again, not intending to be argumentative or insulting, but you keep ignoring the market realities. I’m always long the market but trying to be prudent under the circumstances.
We have been investing in the same way since 2008. Worked well then, worked well in 2018, worked well in 2020.....as people got scared and missed out. Keep in mind, all of this doom and gloom stuff you are saying today was said during all those times as well.
Corrections and bear markets are where you make the most money.....just takes a little while to realize it.
I don’t disagree that there is plenty of money to be made during turbulent times. But you have been saying “buy, buy, buy” the entire way down and talking about ATHs “coming soon”. Even with a 5-10+ year time horizon a stock’s entry point can make or break your returns. FWIW, 2008 is an entirely different animal and was more focused on the housing market and collapse of financial institutions. I believe it was more isolated than what we are dealing with now. I could certainly be wrong but I don’t see the current mess subsiding over night. I’ve nibbled a bit but need to see real economic data indicating that it’s not as bad as it seems. Plus, need the Ukraine and China situations to improve.
I think he’s basically saying he’s buying in his 401k or it has to be a little extra he has monthly but it depends on his family annual income. If his family income is around 250-350k, there plenty extra to save, or it could be higher.
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Agree. I just didn’t trust this bounce enough. I did have a calls in other leveraged funds which netted a higher return.
Question is it today a good day to buy put options expiring next week in the SOXL, TQQQ or UPRO or to wait until next week given it is a short week and theta will erode premiums.
My leverage plays are looking pretty good. :)
And here comes the inflation crash!!!
U.S. retailers' ballooning inventories set stage for deep discounts
Good grief, how many times do I need to say.....of course we max out our 401k and backdoor Roth IRAs, but our disposable income goes into our E-Trade brokerage account (8 etfs). Good income (much higher then you guessed), low cost of living, plenty of security cash, daughters K-12 and college fully funded, no mortgage, means about 50% of our net income is for investments.
We pretty much buy every week.
I didn't pull the trigger today, but I have a feeling, I will get a chance to get cheap options next week. I am looking at wednesday for a possible buy day. I have been doing well with predictions based on my algorithms in the past few months.
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Amazon to shrink warehouse space in N.J. after decade of rapid expansion
It's a major reversal for Amazon, which has been grappling with rising costs.
Makes sense. Seems like there is an Amazon warehouse on every street corner in NJ. Time to be more efficient and maximize margins.Amazon to shrink warehouse space in N.J. after decade of rapid expansion
It's a major reversal for Amazon, which has been grappling with rising costs.www.nj.com
About time.
www.cnbc.com
Beijing, Shanghai start to reopen as Covid cases drop
Major Chinese cities Beijing and Shanghai began to relax Covid controls over the weekend as the local case count dropped.
Funny I didn’t see Musk criticizing China for the lockdown like he did with CA.About time.
Beijing, Shanghai start to reopen as Covid cases drop
Major Chinese cities Beijing and Shanghai began to relax Covid controls over the weekend as the local case count dropped.
Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like
Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown
On Tuesday, the Tesla boss praised Chinese factory workers for pulling extreme hours while taking a shot at American workers. “There is just a lot of super talented hardworking people in China who strongly believe in manufacturing,” the billionaire said. “They won’t just be burning the midnight oil, they will be burning the 3am oil, they won’t even leave the factory type of thing, whereas in America people are trying to avoid going to work at all.”
Musk’s comment comes as Tesla’s massive Shanghai “Giga-factory” pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown.
In April, Tesla restricted its Shanghai workers from leaving the factory under a so-called “closed-loop” system originally developed by Chinese authorities to contain Beijing Olympics participants. While locked inside, the workers were reportedly made to work 12-hour shifts, six days in a row, and to sleep on factory floors. Production at the plant was forced to halt this week due to parts shortages, the company said.
His multi-citizenships are telling. This oddity cannot self-destruct soon enough, hopefully not causing too much collateral damage.Elon Musk praises Chinese workers for ‘burning the 3am oil’ – here’s what that really looks like
Tesla’s massive Shanghai ‘Giga-factory’ pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdownwww.theguardian.com
On Tuesday, the Tesla boss praised Chinese factory workers for pulling extreme hours while taking a shot at American workers. “There is just a lot of super talented hardworking people in China who strongly believe in manufacturing,” the billionaire said. “They won’t just be burning the midnight oil, they will be burning the 3am oil, they won’t even leave the factory type of thing, whereas in America people are trying to avoid going to work at all.”
Musk’s comment comes as Tesla’s massive Shanghai “Giga-factory” pushes its workers to the limit to meet production targets amid an ongoing pandemic lockdown.
In April, Tesla restricted its Shanghai workers from leaving the factory under a so-called “closed-loop” system originally developed by Chinese authorities to contain Beijing Olympics participants. While locked inside, the workers were reportedly made to work 12-hour shifts, six days in a row, and to sleep on factory floors. Production at the plant was forced to halt this week due to parts shortages, the company said.
Not sure how you come to the conclusion that inflation is "crashing soon." Energy costs look to remained inflated from here on out. Even w/o the war, going Green was inflationary, because a whole new infrastructure needs to be build out. And with the war in the Ukraine, oil looks to stay up for a long, long time. Then you have strengthening labor, at least in the short term, because the younger then Boomer generations are smaller. Maybe overall that'll be deflationary in the long run, but that's offset in any event by a retreat from globalization. Inflation will likely "crash down" with a recession but so usually will the stock market (more so then we've seen). Historically this just looks like a bear market rally. I don't know, maybe I'm missing something.
Don't listen to him. He's been saying that since last summer and declared it would peak in the fall of 2021.
China opening could cause another big run up in energy prices because their doesn't appear to be any near term increase in supply.
I've mentioned before rate raising cycles usually result in recessions within 18 months or so. Recession is what they're hoping will break the back of inflation.
Hopefully over the long haul this should be a positive move. I own this one and have added in this down draft. Staples with a solid divy is my kind of stock. Trian and Peltz instigating PG helped drive that stock over some time.
news.yahoo.com
After P&G revamp, activist investor Peltz moves on to Unilever
Billionaire activist Nelson Peltz will join the board of Unilever, the consumer goods giant said on Tuesday, heaping pressure on the maker of Dove soap and Hellmann's mayonnaise as it reviews its strategy. Shares in the London-listed group jumped 7% as investors bet Peltz, whose hedge fund...
See recent posts on inventory, China reopening, and demand for oil lowering.
The EU ban on oil will not lower demand as India and China are increasing their oil imports. Now, logistically it will be difficult for Russia to ramp up exports to those countries but in the meantime oil prices will increase.
It's a shell game. Russia is selling and producing more oil than before the conflict. It's just being bought by allies (India and China) instead of EU countries. The EU countries are tapping into the sources that were replaced by India and China with the Russian oil.
Global production has not been impacted. Just fear and emotions causing the price increase, not reality.
Little capex for oil/gas over the last years, and Russia has apparently loss the tech/service of the big oil companies its' oil industry needs to maintain a certain level of efficiency. Just a little drop in available output will soar price; it's not linear. I don't know; just stuff to consider.
Bill Gates shorting Tesla?
https://www.bloomberg.com/news/arti...has-multi-billion-dollar-tesla-short-position
Bill Gates has a short position against Tesla Inc. that would now need between $1.5 billion and $2 billion to close out, Elon Musk said Friday in a series of tweets.
Musk said the position was $500 million and grew after Tesla “went up a lot.”
When asked last year on CNBC whether he was short Tesla, Gates said, “I don’t talk about my investments.”
https://www.bloomberg.com/news/arti...has-multi-billion-dollar-tesla-short-position
Bill Gates has a short position against Tesla Inc. that would now need between $1.5 billion and $2 billion to close out, Elon Musk said Friday in a series of tweets.
Musk said the position was $500 million and grew after Tesla “went up a lot.”
When asked last year on CNBC whether he was short Tesla, Gates said, “I don’t talk about my investments.”
KABOOM! CRM crushes it.....revenue, earnings, and forecast:
www.cnbc.com
Salesforce stock jumps as it raises profit forecast, CFO says company will be more 'measured' in hiring
Salesforce now sees a stronger full fiscal year of profitability even as it expects to turn in less revenue than it had previously expected.
Not a bad quarter but still an expensive stock and way off the $312 high late last year. I’ve got it on my list for the next tech shake-out. I’m not buying this bounce (yet).KABOOM! CRM crushes it.....revenue, earnings, and forecast:
Salesforce stock jumps as it raises profit forecast, CFO says company will be more 'measured' in hiring
Salesforce now sees a stronger full fiscal year of profitability even as it expects to turn in less revenue than it had previously expected.
Nah, there’s always another train to catch. You said the same thing when CRM was over $300. I’m OK with missing some potential upside because I think there is still more bad news to come. Not out of the woods yet.
But that train may come much later in the day.....before realizing the schedule change. Buy and hold, don't trade.
BoA names NVDA a top pick, bullish on the semi market.
Housing continues to show softness:
www.cnbc.com
Housing continues to show softness:
Mortgage demand falls to the lowest level since the end of 2018, even as interest rates ease a bit
Applications for a mortgage to purchase a home fell 1% last week compared with the previous week, according to the Mortgage Bankers Association.
