Dude, I knew you were Army. I keep up with those who served. FTR, I was born on an Army base, Ft Riley. My dad was army and marine.
So? Either he owns it or he doesn't. If Biden owns it for worldwide inflation or today's yen carry, Trump owns it for Covid.
Biden would be a majority owner on inflation, but not total. Trump contributed by foolishly listening to the Idiot Fauci and shutting down, and then supporting second stimulus. Biden owns it from there with his ridiculous spending. Neither has any ownership on the yen. Japan owns that themselves. It’s one thing to keep interest rates low to stimulate economic activity. It’s another thing to keep it low so your big investment bankers can get richer. Like Robert McCall said; “You pray for rain you gotta deal with the mud too”. Japan has had a foolish monetary policy for many years. They will now spend many more unwinding the bag of strings.
I bought this morning two of my favorite REITs. Yielding 13% and 20%. 5K share of one and 3K shares of the other. Ready to buy more. I loaded up on MO when in the low 40s and high 30s. Will probably jump back in if it goes back to mid 40s. If it corrects enough I will be ready to sell Put options on stuff I want long term that gets hit hard with good option yields. Recently I started putting most of the returns in a money market with a high 4% yield as the market had been on just a massive run. I did take one hit on a call option play. But made it back on a put of the same stock. Wish I held the Put through today as I sold to close it last week.
Ur wasting time arguing with most of these guys. Lockeed Martin is and has been up for months. Wonder what that means?
Missed it at 90 this am. I’m thinking I may wait and see if it retests close to there. Agree I don’t think they are losing Mo for the medium term. One negative is one of their newer chips has had some issues and that may hurt near term margins and sales. I had an issue moving money from the MM side of my account so I couldn’t buy. Did hit a great bounce on SAVA today so that freed up some cash. Didn’t sell at the high but still rang it for about a 70% return over all.
I think we would need a pretty good recession for that to happen. So many people are in for low rates and have good run ups unless you have to sell there isn’t a reason for mass sales.
One thing I’ve noticed over the years when we have these big selloffs the “smart guys” often talk about retesting the lows. Typically those big names won’t get quite back to the low but will bounce a few % higher than the low. Today doesn’t seem to be due to some big market issue. The lower jobs number, a few companies revising down future growth and the icing the Japan issue. We will see in the next few days to weeks.
Crying wolf didn’t move Fed so back to normal in markets, not much of a correction. After down 12, Japan followed with up 10 on Tuesday. US is up 112 in pre opening. Looks like the Fed wait and see is still firmly in place.
Her and net hubbie’s track record in this area would definitely indicate a “yes”. But they certainly aren’t the only politicians who benefitted from inside info
Did I ever say that? Just because I called it doesn't mean I enjoyed the gains from it. I have my better half and she didn't see this coming now. I did and I did make others better off. Really, most of us have a few thousand in cash at any time to play with? Like that's going to matter? I bought nVidia when it was $66 a share years ago and sold it recently. I didn't get rich because I bought only 10 shares back then. I had maybe $2k in cash at the time and I split it between nVidia and AMD. I made a great return but I didn't get rich. Now only if I had $100K at the time So yeah, I made over $10K on a $2k investment and I sold both when nVidia was just over $200 a share. I don't think about what I lost but that I had a gain. And this crap about inflation gone, you are a puppet. People like you are the reason why the dollar is worth 99% less today. Inflation inflated prices to 64% higher than they were in 2020. Even if inflation's growth went to zero, inflation is still high. When inflation drops prices 64% then I'll say inflation isn't high anymore. You understand what I'm saying here? If inflation doesn't go back to where it was 4 years ago, it will only continue to climb over time. Think of those prices in 2020 that we'll never see that low again. Think we'll ever see ribeye for less than $10/lb? Milk is still up 40%. My normal grocery bill that I pretty much reuse the list every week is still up 70%. It was about $54 in 2020, $98 today. I don't think I'll ever see that price again unless I grow my own crops and go vegan.
China is one reason why I would not invest in NVIDIA. (Not advice, just my personal opinion) Taiwan is too close to mainland China, especially with that diminished person in the WH.
Real wages are up to 2019. And some shit costs more and some costs less adjusted for wages but in total you are better off. You see what you want to see because you determine your happiness level by some guys job in the White House. Bizarre that you’d let that distort reality. The data is indisputable. Your anecdotes are not. Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over
