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Stock Market

I didn’t realize that was his article yesterday or I would have posted this.

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Unexpected fall in CPI data. QQQ ends downward retracement, might signal peak inflation, might signal JPOW is right on inflation being transitory, and softer May FOMC. Very green open in my portfolio.
 
All of the European Markets popped up in the last hour of trading... No good news driving the market. I see it as Traders "Buying to Cover" short positions. Will watch to see if US Markets do the same. When uncertainty drives the traders out of the market, it is not a good sign.
 
Companies buying back their own stock with inflated USD's. No new employees, no new manufacturing plants, no new technology and no guidance in their reporting.
This is how the Dow 30 is continuing to uptick on the charts.... Magic
 
Companies buying back their own stock with inflated USD's. No new employees, no new manufacturing plants, no new technology and no guidance in their reporting.
This is how the Dow 30 is continuing to uptick on the charts.... Magic
There are only so few places worth putting money.
 
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ARK released its new Tesla valuation model.


View attachment 7850691
Didn't know you were a Cathie Wood's fan
 
I listened to Ken Fisher on fox business on Friday. He explained a lot of what’s going on and why. Extremely intelligent guy.

Long story short he sees this as a condensing period in a bull market and expects things to continue to grow with the exception of a black swan event.
 
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I listened to Ken Fisher on fox business on Friday. He explained a lot of what’s going on and why. Extremely intelligent guy.

Long story short he sees this as a condensing period in a bull market and expects things to continue to grow with the exception of a black swan event.
Staying positive is a good psychological tool for those in the market. I've lived through 3 - 4 of those condensing periods. In looking back, the investors that simply "maintained" their portfolio during those times came out well. Those that panicked when their portfolio's lost 50% did not fair so well.... But, as many have pointed out these are different times, different conditions, different players, different tools (computers / Internet / trading programs), foreign money like never before, etc. The DOW is being artificially propped up by rotating out the under performers and inserting the high fliers so it is really not an indicator of current conditions. Stock buy backs are artificially inflating share prices.

Sobering to see the Black Swan's mentioned along side of the talk of Bull Markets. There are some Swan Maker's patiently awaiting an opportune time to release their bird.
 
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Maybe a "stop gap" alternative until batteries improve... Green Hydrogen

Walmart has partnered with Plug Power since 2012, when it launched a 50-fleet fuel cell pilot. That has then expanded to a fleet of 9,500 plus, the company said.

Interesting, never knew WMT had that many hydrogen trucks.
 
Walmart has partnered with Plug Power since 2012, when it launched a 50-fleet fuel cell pilot. That has then expanded to a fleet of 9,500 plus, the company said.

Interesting, never knew WMT had that many hydrogen trucks.
I did not know that either... America has a "Love / Hate" relationship with Walmart that started long ago. Union's hated Walmart but when I was on a union job in the middle of nowhere, USA.... The only game in town to find groceries was a Walmart out in the middle of a gigantic corn field.....

:mad:Walmart:love:
 
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"Where does America shop?" We know that cycles along with the economy... A good article with the discount stores taken into consideration. For the most part they are doing well as the recession sets in.


 
"Where does America shop?" We know that cycles along with the economy... A good article with the discount stores taken into consideration. For the most part they are doing well as the recession sets in.


Added BIG to my watchlist. Thanks.
 
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Down? I’m showing it up 4.5% in aftermarket.

Also almost all tech got sucked down by the Netflix shit show.

Edit: Ah. You combined the days losses with the aftermarket gains.
 
Was Shanghai in those results?

Those were good numbers but the stock can fluctuate that much on one stupid remark from Elon.

Don’t get me wrong. I’m hoping he has overwhelming success.
The stock is rallying on their best report. Highest gross margins and highest operating margins.

Shanghai will hit Q2 numbers but management is forecasting 60%+ growth this year.
 
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Another interesting play from a heavy hitter - Blackstone

Blackstone Inc. agreed to buy student-housing owner American Campus Communities Inc. in a deal valuing the company at about $12.8 billion, including debt, a bet that rents will continue to rise as more college students return to campus.

 
I’m just saying you might see 2q numbers lower than these and people get pissy when that happens.

I’ll be buying Tesla….. but not today.
 
50 bps hike for May locked in.
The more Yellen and Powell spoke today the faster the market dropped..... If you listen to them, you would understand why. Reminded me of a First Responder leaning over a guy shot in the heart and saying "Hang in there, you will be OK".... I think the FED's are trying to reassure themselves rather than the man on Main Street.

That 50bps does not include credit card rates, Pay Day Loans, Buy Now Pay Later (BNPL), Fuel Surcharges, Handling fees and all the other material inflation that is being passed on to the consumer....

The economy has several more months to fall before the hard landing... Biden is not helping the situation.

JMHO
 
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This is the punch bowl being taken away ( cheap money).

The market is overreacting (imo) in general. There are stocks that are down that have zero reason to drop while some that you think would drop are holding.

Re: see Apple vs Tesla