Stock Market is the bottom in?

[jsasker007]

This is just a question / observation - and not directed only at you, J. Just conversation ....

How can anyone trash populations around the world for going to EV's, giving up their gas vehicles - and then cheer Tesla for having a good market share producing those very same EV's?? And for those EV's to even function on the road - aren't multiple charging stations required across the country = American jobs installing them?

If people want to CHOOSE to go the EV route I'm fine with it. Forcing everyone to go the EV route when it's a fact that our electrical grid could never handle that is the issue I have with forced electric everything. EV is just adding an extra step and additional production demands to something that's already in place. jmo

 

[jsasker007]

And my point is - why did the U.S. government (and a certain Republican president Ronnie Reagan) back then grease the wheels nation-to-nation to allow / speed up the race offshore?? Reagan made that speech I referred to back a few posts. That's when the "free trade" (cheap labor) agreements began between countries. And they continued at a rapid pace under the Bush's. "W" signed a pile of those "free trade" (cheap labor) agreements when his term was about to expire. Facts - not an opinion. I'm not against manufacturing coming back to the U.S.A. - - - - I was against it leaving back in the 1980's and 1990's in the first place. But one needs to know who started - and then sped up - the abandoning of the U.S.A. to move manufacturing offshore. Some folks today believe it was the Dems who engineered those moves offshore ....... it was NOT.

OK

 

[jsasker007]

I don't follow the thinking of sticking with a particular party no matter how corrupt or inept they become just because it's the party someone has always supported. That boggles my mind and makes zero sense. I vote for and support the person not the party. jmho

 

[jsasker007]

Gonna play a long shot today. SMR has earnings coming out today and has missed earnings 7 times in a row. I'm betting on them actually pulling it off this time and am gonna buy some on a hope and a prayer. Odds are definitely not in my favor. If they beat estimates it should go up but nothing is a sure thing and I'm sure there aren't many people betting on this one.

 

[Brian662]

Absolutely. Just as animal spirits can make it rise. I don’t think a lot of people have faith in the direction right now, right or wrong. For the record I like the direction. I care more about the country than winning in the market.

It is important to remember that Trump loves the market. Specifically he loves to remark when the market responds to his policy. Act accordingly, IMO.

 

[jsasker007]

It is important to remember that Trump loves the market. Specifically he loves to remark when the market responds to his policy. Act accordingly, IMO.

Trump loves the sound of his own voice. He is a great business man that does understand the problems we face as a country and I do believe he will make great improvements and might be the very best man for the job currently. I didn't care for him when he had his tv show due to the arrogance that oozed out but he has done a great many things and I'm just an average idiot so my .02 doesn't carry much weight. jmo

 

[jsasker007]

Now SMR rescheduled for march 3rd. Bastards

 

[jsasker007]

QSR looks promising. They now have almost all of Burger King and are a part of 3 other brands. Could be a diamond in the rough?

 

[bwoods11]

I’d like to see a 10% correction, that’d be heathy. If we get lower interest rates and a solid government budget, look out it could be skyrocketing in 26/27

It happens to every President, Biden went backwards -22% and still managed to have a gain for his 4 years .

We were due for a correction! The guys on investment sites blame Trump … & that’s fine , because last time they said the record Trump stock market was due to Obama .

Can’t have it both ways . I’m ok with letting the current coach get the heat or praise, not the prior coach. That’s how it works !

 

[jsasker007]

I’d like to see a 10% correction, that’d be heathy. If we get lower interest rates and a solid government budget, look out it could be skyrocketing in 26/27

It happens to every President, Biden went backwards -22% and still managed to have a gain for his 4 years .

We were due for a correction! The guys on investment sites blame Trump … & that’s fine , because last time they said the record Trump stock market was due to Obama .

Can’t have it both ways . I’m ok with letting the current coach get the heat or praise, not the prior coach. That’s how it works !

Wait until the coach gets rid of the bad news bears and gets some allstars on the team. We be winning then.

 

[PatinPA]

Nvidia had a good report, solid forecast. I’m not sure it’s enough to get the market excited .

Down $10 today. hahaha. No sense whatsoever

 

[jsasker007]

Down $10 today. hahaha. No sense whatsoever

That's a fact. Everything is out of whack lately.

 

[jsasker007]

Down $10 today. hahaha. No sense whatsoever

Could be because I had some extra money sitting and bought 1 share of NVDA. I'll sell it in the mornings so the market can get back on track.

 

[Angus 1895]

I’m lucky to have free extended trading.

Sold a bunch of also rans and bought Nvda, ET, Nog, micro soft.

 

[OakSeeds]

Four years ago, way back on Feb. 6, 2021 (post 653) I provided info on some Blue Chip Growth Funds - including the Fidelity BCG Fund. I shared this info because the fund had been very good to me over several years before 2021. If you review the Fidelity BCG Fund performance over the past 10 years, you will observe annual gains of ... 6.28 / 1.59 / 36.06 / 1.07 / 33.44 / 62.23 / 22.71 / - 38.46 / 55.60 / 39.70. If you had invested $10,000 in Fidelity BCG funds on 1-1-2015, it would have doubled in 5 years and be worth $52,753 in 10 years on 12-31-2024. $100,000 invested would give you over half million at the end of 2024, and a quarter million would probably let you buy a new property worth more than 1M.
Obviously, this is a long range view of acquisition and holding ... something I'm much better at than "dipping-n-ripping." However, that's not the purpose of my post; after the tech-debacle last Friday, I retreated to the sidelines with most of my Tech-funds. Fidelity BCG has lost money 5 out of the last 7 days including today's drop of over 3%. I ain't comfortable with that kind of sustained losses. Given the old adage, sell-in-May-and-go away" ... I,m just a couple months early. Besides, there are money market funds that keep your money working. I'm afraid the market may get very rocky over the next 6 months, but I'll sleep better at night. Carry on friends.