Nice cherry picking dates. Stocks have beaten bonds and T-bills about 98% of the time during periods of 5 years or more (throughout the past 100 years). Good grief.
The Fed will be cutting rates by the end of the year. And probably going QE again.
www.thestreet.com
Hopefully not.
I own INTC as a safe haven play in a choppy market, and it can't even perform there. Still like the long term story, onshoring etc, but maybe they are the glut everyone is worried about in the chip space.CEO's change but nagging issues always crop up with INTC. Down 4% at the open. I think 35-37 area might have some support if it got down there. Actually do think longer term not a bad stock once those factories in the US are in service. So you get in with the outlook that domestic production might improve its future prospects.
Intel Stock Slides As Citigroup Cautions On Q2 Earnings Miss, Cuts 2022 Outlook
"We now expect Intel to negatively pre-announce or miss 2Q22 guidance and are lowering estimates accordingly," said Citi analyst Christopher Danely.
TGT continuing its bounce off the 52wk low area from yesterday, in the green at the open. Staples/utilities red.
I've owned INTC off and on over the years and undoubtedly it always has something pop up regardless of CEO. I mentioned just awhile back I could see inventory shortages turn into gluts and that seems to be the case for the short term at least. Domestic production in the future I think could be beneficial to it but that's longer term not near term.
Not likely in my opinion. Cathie Woods is wrong when it comes to inflation. Excess inventories had more to do with changed spending habits than demand slippage. There's a lot of inflation still in the pipeline too. Even Intel says the chip shortage will extend to 2024. Inflation will probably still be 5-6% by the end of the year and the Fed is unlikely to reduce rates in the face of such inflation.
Ha, YINN and YANG. Can't say I'm familiar with them, but I'll check them out.
Saw Ms. Woods interviewed yesterday. Seems like a cracked nut at this point. What's the investor allure? Findom? LOL....
At one point the outperformance warranted the spotlight.
I watched a 45 min presentation a few weeks backs with her and an economist, mostly about the current state of inflation. Her enthusiasm for her beliefs is contagious, and I can see why people follow her, but sitting back I had the definite feeling they were trying to pool the wool over my eyes. They read a lot into limited data, drew some crazy causal chains, and ignored data/explanations that didn't fit their narrative. For example, she argued that high gas prices are deflationary, because it'll lead to more online shopping which will lead to less stores, malls being built -- see, deflationary! Ha, ha, for the record, they predicted inflation under 2% by the end of the year. My belief, you only get that if there's a massive recession, and if there is a massive recession, the financial markets will roll over for better buying opportunities. And look around, people still spending too much for an imminent recession, labor market too tight.
2% by the end of the year?
At this point? She’s always been a cracked nut and rode one of the strongest bull markets in history just like the rest of us pedestrian investors. She didn’t make any great investments outside of Tesla. She’s a clown.
www.cnn.com
The article draws an obvious analogy to the 2000 dot com bust, but I think an even more apt analogy is the recessions of the 1970s, where the Fed was fighting high inflation with increasing energy and labor costs after years of brash gov't spending. Sound familiar? The FANG stocks back then were the Nifty Fifty and they pretty much had a lost decade.Silicon Valley braces for the good times to end
For much of the past two decades, the ethos of Silicon Valley was largely defined by Facebook's former motto: "move fast and break things." But in a sudden and dizzying shift, the current mood in the tech sector could perhaps best be described with a far more restrained mantra: "cut costs and...
Watch that show Shark Tank from time to time and we’d be surprised at the valuations some of the entrepreneurs come up with or were able to get even…and we’d joke another “stupid Silicon Valley” valuation. Looks like easy money drying up will finally put an end to that.
S&P over 5,000 by the end of the year. Bears are never right in the long run. Inflation going bye bye very soon, the data trends are clear. Be prepared!
You're a funny funny guy. Go "All In." Pronto. And send CW a dozen long-stem roses and TL a box of Cohiba Behike 52s.
Core inflation is barely up. Everyone is being overly emotional. Buy, buy, buy.
