Stock Market
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Pretty obvious that anyone who truly was in need of a home had 2 years to make it happen. those that were setting some high priorities have missed the boat and will have to wait 3 more years for a buying opportunity. I have seen this cycle 3 - 4 times during my live... Deja Vu, History repeating... snug up for the hard landing.
You like having a better selection and a market that appreciates a cash buyer...
The market for the past 18 months with all those "Cash Buyer's" certainly skewed the numbers.
Should be a great market for cash buyers as Hobo points out.
All kidding aside, this feels like a solid plan that will leave you ahead of most investors six months from now.
And yet, most home buyers would rather get stuck with a historically-large amount of principal with little to no chance of getting better rates in the future.
I am in awe as to how dumb Americans have become just during my life time..... I can say that openly to you guy's.
I'm biting my tongue while out in public. I just shake my head.
This is the uncharted waters we speak of. Biotech's were not a factor in previous recessions.... The companies that bought back their own stock will ride out the storm with minimal damage....
You do bring up good points.... Thanks
Wallstreet Breakfast this morning: "Today in the U.S. we are in the fourth superbubble of the last hundred years," wrote famed fund manager Jeremy Grantham back in January. "Even more dangerously for all of us, the equity bubble, which last year was already accompanied by extremely low interest rates and high bond prices, has now been joined by a bubble in housing and an incipient bubble in commodities. What is new this time, and only comparable to Japan in the 1980s, is the extraordinary danger of adding several bubbles together, as we see today with three and a half major asset classes bubbling simultaneously for the first time in history."
Very good brief of where we are this morning. As a child, I remember playing with the container of soapy solution and the magic wand. Very true about linking bubbles together. From memory, when one in the chain burst, it took the other's with them. My analogy has been "The House of Cards" but the result is the came.
I’m seeing housing prices drop 20%+ in the markets I’m watching. The increase in mortgage rates have taken out some on the inflated prices.
Thanks for sharing. The TV show "Yellowstone" is in the area producing the next show. Last year they were renting Airbnb's for outrageous amounts of $$$. Many land lords converted their rental properties to Airbnb's and set the rates at last years levels. A lot of those unit's are sitting vacant this spring. Lots of building activity here as far as contractor's trying to get things finished. Not quite as many are breaking ground on new SFR's. I'd have to say it is appearing there is some leveling off going on.
Another quote from Wallstreet Breakfast this morning reference a generation never seen "bear" markets: "After earnings, I spent several days meeting investors in New York and Boston," Uber CEO Dara Khosrowshahi said in an email, which was obtained by CNBC. "It's clear that the market is experiencing a seismic shift and we need to react accordingly. The average employee at Uber is barely over 30, which means you've spent your career in a long and unprecedented bull run. This next period will be different, and it will require a different approach."
That observation is being echoed through out the industries. That 30 year old Uber employee is heading into the squeeze chute.
Bought ENPH and PLTR. I think we will see the majority of stocks drop another 10%-20% and consolidate before the bottom is in.
I’d keep an eye on the potential black swan of a margin call on Elon. Then say goodbye to Twitter
I agree about the drop. It's all about how you plot that drop on a trend line on a chart..... If you plot that trend line from today through 1/1/2023 it will be a long and painful 7 months in front of us. That seems to be what the FED Reserve is calling a soft landing.
I have been hired on a few jobs by an ass hole.... I'm sure those UBER people feel privileged to be working for a boss with this attitude.
To address the shift in economic sentiment, the ride-hailing firm will slash spending on marketing and incentives and treat hiring as a “privilege,” Khosrowshahi said.
Uber CEO tells staff company will cut down on costs, treat hiring as a 'privilege'
Uber will slash spending on marketing and incentives and treat hiring as a "privilege," CEO Dara Khosrowshahi said in an email to staff Sunday.
I've dabbled in KHC. It's up again today 2%+
I think this is one stock that will weather the near future well.
I think this is one stock that will weather the near future well.
That group is up due to the "Prepper's" getting stocked up at BJ's and Costco buying cigarettes and sodas....
YTD, TAP has been trending up and volume is up on BUD ... Could be a buying opportunity.
Depending upon Wednesday’s report, today could have been peak fear. If Wednesday is a big miss, it’s going to present a great long term opportunity.
Are you speaking of NBI or one biotech in particular ? For the past 2 years NBI has trended lower than the NASDAQ.
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Exclusive: Tesla halts most output at Shanghai plant, April sales dive
Tesla Inc has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.
www.reuters.com
That’s all due to the ghina lockdowns.Exclusive: Tesla halts most output at Shanghai plant, April sales dive
Tesla Inc has halted most of its production at its Shanghai plant due to problems securing parts for its electric vehicles, according to an internal memo seen by Reuters, the latest in a series of difficulties for the factory.
This is the economic warfare component that ghina is using to weaken the US. ( Bigger than just a Tesla story )
I believe the company and product are rock solid. However, I get the feeling that management doesn’t care about shareholder value but principal of the product. Which is good and bad. Additionally, the product is something that companies don’t know that they need so that makes it hard to market and sell. (Palantir aren’t sales people but they are getting better in this area.)
I think current pricing is great to start a position. If we see $5 and under, it’s a no brainer for me to double or triple my position.
I’ll state that they are doing many great things. From marketing, media, and training. I believe every company will utilize Palantir in one form or another in the near future just like Microsoft, sales force, Bloomberg, etc. To me, the future of software and analytics is not data scientist but your average employee interacting with AI and useful API. Palantir delivers on this.
TSLA chart for the past 7 months is simply a stair step going downward. Plot the peaks and valley's.... There is your trend... There is no super outstanding development "coming down the pipe". Every car maker is developing EV.... We are heading into a worldwide recession... No more TSLA buy backs.... We will see how the service department guy looks when you bring in that worn out Tesla for a repair...
They all get old...
GM Was Right to Stop Making the Chevrolet Volt
GM has faced massive scrutiny for their decision to end the Chevrolet Volt program, and that backlash has come from both Volt proponents and those who claim GM isn't serious about an "all-electric future." Here's why GM was.
www.torquenews.com
The world is not ending; this is temporary in the grand scheme of things. & recessions aren't as scary as most people make them.TSLA chart for the past 7 months is simply a stair step going downward. Plot the peaks and valley's.... There is your trend... There is no super outstanding development "coming down the pipe". Every car maker is developing EV.... We are heading into a worldwide recession... No more TSLA buy backs.... We will see how the service department guy looks when you bring in that worn out Tesla for a repair...
They all get old...
GM Was Right to Stop Making the Chevrolet Volt
GM has faced massive scrutiny for their decision to end the Chevrolet Volt program, and that backlash has come from both Volt proponents and those who claim GM isn't serious about an "all-electric future." Here's why GM was.
Do you think that is all this is? I don't. Do you not read history at all? I can think of several points that would have been pretty important to hunker down and prep for bad times. We may not be singing exactly the same tune, but it might have the same baseline.
So what should I do to hunker down and prep? And what are we preparing for exactly?
What you are referring to only a very few are aware of. The majority are only looking at the market through a purely economic and financial lens. ( The Ukrainian conflict has been deemed a nonissue. )
Two very different things.
Remember. A majority are sheeple.
CPI comes out early this morning. If CPI comes in at or below CPI, we get confirmation that core inflation is in decline (2-3 months of decline). It also proves that our estimates work in a post-pandemic world and inflation has peaked.
Other reports coming out today/tomorrow/next week - retail sales, mortgage applications, PPI, etc.
Other reports coming out today/tomorrow/next week - retail sales, mortgage applications, PPI, etc.
CPI missed in both metrics to the upside but only slightly. I need to dive in after my current meeting.
"The Bureau of Labor Statistics' April Consumer Price Index (CPI) rose 8.3% in April over last year, coming down from March's 8.5% advance. That rise had marked the fastest rate since 1981. Consensus economists were expecting an 8.1% increase in April, according to Bloomberg."
So consumers are getting buttfucked only a little worse than expected. Sounds bullish for equities.
So consumers are getting buttfucked only a little worse than expected. Sounds bullish for equities.
April’s consumer price index showed an 8.3% jump. Dow Jones economists expected an 8.1% increase. Inflation rose at a 40-year high of 8.5% in March.
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This is the price we pay for a FED Reserve attempting a "Soft Landing".... They are chasing a mirage....
www.cnbc.com
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This is the price we pay for a FED Reserve attempting a "Soft Landing".... They are chasing a mirage....
Nasdaq drops 3%, Dow loses 300 points following hot inflation report
April's consumer price index showed an 8.3% jump, higher than the 8.1% increase expected by economists polled by Dow Jones.
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