OT: Stock and Investment Thread
- Thread starter RU05
- Start date
+1
Bears have been predicting awful earnings for 3 quarters now. So far so good with this round.
I mean yeah Tsla and just about everyone has taken a beating this year. Today’s move is not significant in the scheme of things.
Though it did continue to trade down after the conference call. Down mear $208. So 7ish% after hours which is a bit more significant.
That is why Buffett says over time low cost index funds will outperform most other managed stock funds
I believe Bogle said the same
Nailed it! Truss has resigned.
It only took a month for the globalist to oust Truss and put themselves back in charge.
I think that is going to change for the near future. This is a stock pickers market. I wonder how many are any left? Most of them probably retired.
In general, managed funds perform better (or can) in bear or sideways markets, but it is tough for them to outperform indexes when everything is going up.
WTF? I haven't been paying too much attention. How did she screw up so badly and so quickly? Wow.
She tried conservative economics. The markets and the Brits vomited all over it.
Just read.....sounds like it was a simple say something during the campaign, get in office and then do something completely different. LOL!
UK politics is a cesspool.
1. Although the people voted for Brexit, the politicians have done everything they can to remain in the EU.
2. Truss isn't smart enough for the job. She was put forward based on her policies and when she did everyone immediately turned on her. She was clear set up to fail. I said it a month ago. She also tried to naively copy the Thatcher playbook, which was inappropriate at this time. Thatcher was very smart, I don't think she would do the exact same thing today if she was in charge.
3. The globalist/remainers that created this mess are now back in charge and will blame everything on Truss. They only care about power so they are happy today but in a week or so everyone will realize they have no solutions.
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Big day for AT&T! I mean, it’s only down like 40%+ for the year (LOL) but I’ll take a 7% pop on earnings.
I am another 5% guy playing it VERY conservative and I think a key plank for why I was able to retire at 55. Over budget expenses, under project returns, live on a very tight personal budget and find value. Pick up the coins laying on the ground (like a 9+ % rate even on just $20k/yr ..couple).
Are you saying you can buy another $10k per above even if you both already have the $10k as a married couple?
I also think the movements in the polls showing a more solid belief in (at least) Split Congress which adds stability...(non-political 2 cents).
This is way Europe Food Markets are very Store Brand centric. Why the Adli's and LIDLs of the world are making in-roads to US Market. This environment will only make it worse for the Brands that lack fantastic core loyalty.
"Private Label" which is often made by the major food companies themselves have only gotten better and better over the years. Just have to find the good ones.
I'm not a financial advisor just a guy with an Eco Degree from RC. But it's MY $ so I take care of most of it. Some in a 401K (I manage), Some in a "play" account (stocks I buy and sell), and a fair chunk in an account I pay 1.3% to have managed.
I've outperformed the market AND the managed fund is down the most. Too afraid to get the hell out I suppose.
My point NOT being that I'm smart, just that I don't think many of these folks out there pay enough attention. My "team" relies on too many models and when the **** hits the fan they are too slow to react. They're getting their 1.3% and even though its a sizable number I'm sure I'm not the first on the list.
mine is exactly the opposite. It's goal (that they have met for several years) is to beat the market 2x. Its been exciting to see that growth. Problem is as I noted above they fail to get out and that 2x is also how friggn fast it came down.
Over the life so far (10years) they are still up about 20 points on market but they lost 75% of gains.. Had they just gotten out back in April or May they'd have saved half the loses.
Don't know why I don't spend more time in this thread. Its a GREAT one and doesn't appear to be filled with nastiness.
OK , I've dumped enough here this morning and have to run a bunch of errands. See ya'll later.
Go Rutgers and Go Market !
OK , I've dumped enough here this morning and have to run a bunch of errands. See ya'll later.
Go Rutgers and Go Market !
Chart master Carter Worth says it looks like cannabis has bottom. Or at least GTBIF but I imagine most cannabis stocks have similar charts.
latest news on gtbif is they sealed a deal with circle k to sell cannabis at their stores(convenience store/gas station).
latest news on gtbif is they sealed a deal with circle k to sell cannabis at their stores(convenience store/gas station).
And Diesel Inventories are very low and demand is up making trucking more expensive:
I’m seeing natty gas cost increases of up to 30% this winter which makes no sense since futures have been plummeting the last few months. From $9 down to $5
Tesla's EV Semi due out later this year.
NKLA to report early Nov. See where they are in terms of deliveries.
Just looking at a couple Uranium plays, namely UEC and CCJ, and both have excellent looking 3 and 5 year charts.
LNG is pretty much in lock step during those times frames.
Both the uranium and nat gas look much better than oil stocks, say XOM or CVX over that 3-5 year time frame.
Now over the 1 year, UEC is flat, while CCJ is down(sank on recent news of it buying westinghouse), while nat gas and oil both up significantly in that time frame.
The recent dip from CCJ perhaps offers an interesting entry point. UEC, which is more volatile in general, is up around 20% from recent lows.
LNG is pretty much in lock step during those times frames.
Both the uranium and nat gas look much better than oil stocks, say XOM or CVX over that 3-5 year time frame.
Now over the 1 year, UEC is flat, while CCJ is down(sank on recent news of it buying westinghouse), while nat gas and oil both up significantly in that time frame.
The recent dip from CCJ perhaps offers an interesting entry point. UEC, which is more volatile in general, is up around 20% from recent lows.