Anybody Buying Yet? Where’s the Bottom?

I'm waiting on the Hunter Biden artwork recovery dudes' forum solicitations.
Yeah, that guy was the worst.
I understand your hesitancy on the Library. You clearly are a thoughtful and prudent person. However, I worry that you will miss the chance to get in on this. When your friends and neighbors come back from a visit to the Trump Library, don't you want the chance to brag a little and say "I helped with that. My money, my bashing of the 'liberal media' and my online complaints about the cost of healthcare put the bricks in the foundation of that big, beautiful, building." ?
I don't want you to miss out on that.
In summary Mr noharleyyet, three words...ground, floor, opportunity.
So, how much can I put you down for?
 
I wouldn’t touch them with a 10-foot pole right now. DOJ investigations are typically not good for the ol’ stock price.
So far I haven’t but the lower it goes the more I like the idea of taking a nibble
 
buying what? besides this wiz kid is there a stock tied to it besides META?

Talent, the whole ecosystem of AI is looking for it. While the need for chips, data centers, and power gets the headlines companies are throwing out stupid money gifted personnel. At some point the AI spend will have to get checked, but doesn't look like that slow down is anywhere close.
 
So I learned something new today--if you don't like the economic news, fire the messenger--apparently all the news needs to be good to keep your job.

Just because fruit is easy to reach doesn't mean you have to eat it.

Technical errors and sensitive information leaks by BLS during McEntarfer's tenure:
  • The Washington Post, 8/28/24: “The Bureau of Labor Statistics said Wednesday that a technical issue caused delays last week in the scheduled release of jobs data that carried major implications for the economy and the presidential election. Outside parties, the BLS said, then got the data because of a lack of communication within the agency over how to respond to public inquiries … The episode is at least the third in a series of missteps this year that critics argue may undermine faith in the agency.”
  • The Washington Post, 8/28/24: “Last week’s episode involved data closely watched by economists, Wall Street traders, and Federal Reserve officials who are keeping close tabs on employment as they prepare to cut interest rates. The lapse happened just days before the Fed sent its strongest signal yet that it was time to take pressure off the economy, in large part because officials fear that the labor market is softening — so financial markets were anticipating the release even more than usual.”
  • The Washington Post, 8/28/24: “The job revisions for last year and early 2024 appeared on a government website about a half-hour after their scheduled release time. But despite the delay, a handful of financial firms were able to obtain the information — which showed the largest downward revision to annual job creation in 15 years — before it was posted publicly. The gaffe appeared to run counter to the nonpartisan statistical agency’s long-standing policies intended to prevent individual stakeholders, particularly financial traders, from gaining any edge by ensuring that information is made widely accessible to everyone at the same time.”
 
$gevo popped after earnings the other day. Decided to cash in some minor gains expecting another pull back. So far hit the peak at $2 selling 1000 shares. I think when we get back to $1.25 or less I'll buy back in. Just don't foresee huge gains until we start producing SAF. Right now the gains were just from an acquisition which I think is a bit cheating for this earnings, but a stepping stone to better earnings in the future
 
Coreweave dropped yesterday; likely dropping more today.

In case you missed it, now may be a good time to get in while it gets unjustly punished by insider selling due to the expiration of post-IPO lockup. Promising growth ahead for this company.
 
A little thread perspective....

OP started this thread 2/25/20 with a 26.6k close. Bottom was reached 3 weeks later at 20.1k close.

Today the Dow opens at 45k (1,999 days after original post).
I was going to be snarky, but changed my mind. DOW is the worst possible tool to measure anything related to the stock market. No idea why it even still exists...

My go to is the S&p 500 that actually makes logical sense instead of just measuring off share price solely
 
A little thread perspective....

OP started this thread 2/25/20 with a 26.6k close. Bottom was reached 3 weeks later at 20.1k close.

Today the Dow opens at 45k (1,999 days after original post).
More perspective. The Russell 2000 closed at 2170 on 2/25/20. Today it is trading at 2280. UGH!

This has been a good thread.
 
"Where is the bottom?? "........ We should be asking..."Where is the top??" My 401k has never been higher....that said, i have a couple years left to work & need every penny for retirement.....the big question is... what is our buying power going to be in
10-15 yrs?? & do i really want to give myself a 60% pay cut?? or keep workin for da man??? UGH!!!!
 

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