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OT: Stock and Investment Talk


AMZN news that they're in talks with mobile companies to offer a free or low cost mobile service to Prime Members. Still very preliminary and could mount to nothing. T, VZ, TMUS all down on the news. Div yield over 7% on the first 2.

Also noticed 3M with a yield over 6%...I can't remember the last time I've seen that if ever. It's been an extremely long time. Lawsuits related to earplugs and forever chemicals still weighing on it I guess. That was one reason I've stayed away but 6% for company that has raised the dividend for like 50-60 years is somewhat tempting. I'd expect depending on the heft of those lawsuits I wonder if cut could be in the cards for a dividend king like 3M. I wonder how much the lawsuits are priced in and how much isn't.
Take a look at ARCC for dividends
 
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Confirmation bias
Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms or supports one's prior beliefs or values. People display this bias when they select information that supports their views, ignoring contrary information, or when they interpret ambiguous evidence as supporting their existing attitudes.
I'm happy you are in tune with your blind spots. That's a good first step.
:)
 
Dude. I just stopped by here as I do from time to time and read this whole last page of last couple of days. You got two posts here and both aggressively political. Why? Why not just stick to the quality financial insights you tend to provide just in this one thread?
I believe he was responding to 2 posts he feels were political.
 
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I believe he was responding to 2 posts he feels were political.
yeah , he got "poked" so I'll remove my post. But the first was direct text from the article and ... it was a good factual piece on how data is manipulated by the (PLURAL) "Administrations"..hence government in general. I read about folks having three jobs which skews the data, etc. ...not a diatribe on how "foreigners suck" requiring "ethnic Cleansing" retorts.
 
Don’t worry. Once President Trump pushes out the Biden Crime Family he will announce The Purge; Ethnic Cleansing of America. Only Native Americans will remain.
Fx Networks Indian GIF by Reservation Dogs
 

AMZN news that they're in talks with mobile companies to offer a free or low cost mobile service to Prime Members. Still very preliminary and could mount to nothing. T, VZ, TMUS all down on the news. Div yield over 7% on the first 2.

Also noticed 3M with a yield over 6%...I can't remember the last time I've seen that if ever. It's been an extremely long time. Lawsuits related to earplugs and forever chemicals still weighing on it I guess. That was one reason I've stayed away but 6% for company that has raised the dividend for like 50-60 years is somewhat tempting. I'd expect depending on the heft of those lawsuits I wonder if cut could be in the cards for a dividend king like 3M. I wonder how much the lawsuits are priced in and how much isn't.
Bought MMM a month or so back.

And a week ago Josh Brown was grilling Jenny and Farmer Jim for buying stocks with awful charts that showed no signs of bottoming. And i definitely thought that could be said of my purchase of MMM.

Was down 12ish% but yesterday was a good day on the news of a lawsuit settlement. Is that the first sign of a bottom? Hopefully.

Around a 10x p/e. With eps expected to grow in coming years.
 
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After underperforming massively all year the DJI doubled up the Nasdaq yesterday. Potential first move of a catch up trade?
 
Bought MMM a month or so back.

And a week ago Josh Brown was grilling Jenny and Farmer Jim for buying stocks with awful charts that showed no signs of bottoming. And i definitely thought that could be said of my purchase of MMM.

Was down 12ish% but yesterday was a good day on the news of a lawsuit settlement. Is that the first sign of a bottom? Hopefully.

Around a 10x p/e. With eps expected to grow in coming years.
I brought MMM about a month ago at its 52 week low and it never really moved significantly either up or down. Sold it since I don't have the time to wait. I see it up over 8 points yesterday. I will keep it on my radar and will buy if I see a trend of up days.

I’ve been doing well trading buying and selling UNH and BDX on it’s volatility and they are quite safe since they normally go back to their 52 week highs when the earnings are announced.
 
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Anyone have thoughts on including international funds in their 401K? I was always about 90%+ domestic but a few months back got sucked into diversifying by an advisor and added some international exposure which is now down about 2% since then. My theory was always stick with the US because if we are doing poorly that means the world is doing poorly. And when the US is doing great the world rarely does any better than the US. Now Thinking I need to go back to almost 100% US exposure?
 
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Anyone have thoughts on including international funds in their 401K? I was always about 90%+ domestic but a few months back got sucked into diversifying by an advisor and added some international exposure which is now down about 2% since then. My theory was always stick with the US because if we are doing poorly that means the world is doing poorly. And when the US is doing great the world rarely does any better than the US. Now Thinking I need to go back to almost 100% US exposure?
I brought a small amount of China fund MCHI down 14% since purchase. Stay with what you know.

I almost went with an investment advisor last November and saw what they were planning to invest my assets and decided against it. I would probably have lost 30% of my assets. Glad I decided to keep investing on my own.
 
Anyone have thoughts on including international funds in their 401K? I was always about 90%+ domestic but a few months back got sucked into diversifying by an advisor and added some international exposure which is now down about 2% since then. My theory was always stick with the US because if we are doing poorly that means the world is doing poorly. And when the US is doing great the world rarely does any better than the US. Now Thinking I need to go back to almost 100% US exposure?
I like to keep a small exposure to international companies. I've done well with DIVI and IFN, as both pay nice dividends.
 
After underperforming massively all year the DJI doubled up the Nasdaq yesterday. Potential first move of a catch up trade?
I hope so! Normally the laggards will play catch up for a while. I poured new money into my value/DJI plays as tech rallied (to maintain allocation ranges). This goes for small-caps as well. However, my lean growth/tech has really paid off this year so far. My play account is up 75.31% YTD. LOL!
 
Anyone have thoughts on including international funds in their 401K? I was always about 90%+ domestic but a few months back got sucked into diversifying by an advisor and added some international exposure which is now down about 2% since then. My theory was always stick with the US because if we are doing poorly that means the world is doing poorly. And when the US is doing great the world rarely does any better than the US. Now Thinking I need to go back to almost 100% US exposure?
Compared to the US, international has been dog poo for the past 15 years. Developed markets (VEA) and Emerging markets (EEM) have lagged big time. I know we are supposed to be globally diversified, but I'm not buying it. I have very modest international exposure via several funds. I'm in the camp of prove it to me that those markets can beat the US.
 
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I brought a small amount of China fund MCHI down 14% since purchase. Stay with what you know.

I almost went with an investment advisor last November and saw what they were planning to invest my assets and decided against it. I would probably have lost 30% of my assets. Glad I decided to keep investing on my own.
China continues to be a trap. It looks so good and ripe for a massive rally, but you just can't trust the environment there long term. I have read a few articles that a possible massive gov'ment stimulus package is in the works to help the economy grow, but who knows whether this will be good or bad for Chinese stock prices.
 
Berkshire keeps buying OXY per BRK's 13F filings. Thoughts? Buffet going for the whole enchilada?
I followed Berkshire in, but because I missed the initial move after they first bought, I'm pretty much flat.

Current P/E of 6x but EPS expected to drop significantly yoy. And it has missed on it's last three earnings calls. Expected P/E on 23 earnings of 12x.

Div of 1.24%.

I kind of want to get out.
 
That’s what I been saying, we need more immigration. The lazy native-born don’t want to work.

The native born have all the advantages, they speak English without an accent, access to public schools, and access to vote but fail to beat the foreign born in the labor market.

I heard for decades that US needed foreign workers to do the jobs nobody wanted to do.
Then for the last two years nobody could find workers for restaurants, landscapers, construction etc.
We had restaurants closing all over despite having so many immigrants that the local HS is 75% Hispanic.
NY gave them unemployment money despite not being legal or on the books so maybe thats a reason they vanished.

In tech a lot of foreign countries tell US companies that if they want to do business in their country they have to hire their citizens. They aren't necessarily better at what they do either although the Indian managers have a knack for censorship (Vijaya Gadde, Parag Agrawal et al).

I think a lot of the reason tech is importing foreigners is that they didn't grow-up with a 1A and have no problem shutting it down. That's a reason for AI and its becoming very clear. With twitter and Facebook exposed the 1A squashers need new tools and AI will be their next volley. AI is not about curing cancer but shutting communication down.

AI-Powered Censors Are Coming For Podcasts​




 
I followed Berkshire in, but because I missed the initial move after they first bought, I'm pretty much flat.

Current P/E of 6x but EPS expected to drop significantly yoy. And it has missed on it's last three earnings calls. Expected P/E on 23 earnings of 12x.

Div of 1.24%.

I kind of want to get out.
Your cost-basis? OXY is up (60.80) pre-open today. Oil projecting to get back to $100+.
 
I heard for decades that US needed foreign workers to do the jobs nobody wanted to do.
Then for the last two years nobody could find workers for restaurants, landscapers, construction etc.
We had restaurants closing all over despite having so many immigrants that the local HS is 75% Hispanic.
NY gave them unemployment money despite not being legal or on the books so maybe thats a reason they vanished.

In tech a lot of foreign countries tell US companies that if they want to do business in their country they have to hire their citizens. They aren't necessarily better at what they do either although the Indian managers have a knack for censorship (Vijaya Gadde, Parag Agrawal et al).

I think a lot of the reason tech is importing foreigners is that they didn't grow-up with a 1A and have no problem shutting it down. That's a reason for AI and its becoming very clear. With twitter and Facebook exposed the 1A squashers need new tools and AI will be their next volley. AI is not about curing cancer but shutting communication down.

AI-Powered Censors Are Coming For Podcasts​




So what you are saying is…..NVDA is to expensive?
 
Your cost-basis? OXY is up (60.80) pre-open today. Oil projecting to get back to $100+.
People have predicting that for over a year now. Seems like Russia keeps dumping and saturating the market (to pay for their "special military operations"). OXY is probably the best of the bunch, but it still may be a while to get back to ATHs.

From a few days ago:

 
People have predicting that for over a year now. Seems like Russia keeps dumping and saturating the market (to pay for their "special military operations"). OXY is probably the best of the bunch, but it still may be a while to get back to ATHs.

From a few days ago:

OPEC to cut production beginning July. Supply to tighten. Prices to rise. Per CNBC:
"The market did not widely expect the Saudi decision to cut production by 1 million barrels per day unilaterally," the president of analysis firm Rapidan Energy, Bob McNally, told CNBC in an e-mail following the decision.

"It once again demonstrated that Saudi Arabia is willing to act unilaterally to stabilize oil prices," McNally said, citing the example of January 2021 when the oil titan unilaterally cut by production by 1 million barrels per day.

"We see large global deficits materializing in the second half of 2023 and crude prices exceeding $100 next year," he added.

Similarly, Kang Wu, head of global demand and Asia Analytics at S&P Global Commodity Insights, estimates that the significant rise of global oil demand in the Northern Hemisphere's summer season will lead to an oil inventory draw and "support higher oil prices" over the coming months.
 
OPEC to cut production beginning July. Supply to tighten. Prices to rise. Per CNBC:
"The market did not widely expect the Saudi decision to cut production by 1 million barrels per day unilaterally," the president of analysis firm Rapidan Energy, Bob McNally, told CNBC in an e-mail following the decision.

"It once again demonstrated that Saudi Arabia is willing to act unilaterally to stabilize oil prices," McNally said, citing the example of January 2021 when the oil titan unilaterally cut by production by 1 million barrels per day.

"We see large global deficits materializing in the second half of 2023 and crude prices exceeding $100 next year," he added.

Similarly, Kang Wu, head of global demand and Asia Analytics at S&P Global Commodity Insights, estimates that the significant rise of global oil demand in the Northern Hemisphere's summer season will lead to an oil inventory draw and "support higher oil prices" over the coming months.
1 million cut ain’t going to get the job done, especially since other countries will increase to fill the gap. No biggie.
 
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