Stock Market is the bottom in?

[Westwind]

Just bought a Stihl 561c clearing saw. Made in Germany. Price went up $300 from when I ordered it in January. I paid the increased price, not the krauts.

Loving this more winning, more prosperity thing.

 

[Westwind]

Rated a hold right now on stock analysis.

Analyst on radio: "Mag 7 is now the drag 7".

Build outs of AI datacenters slowing.

I think you could see nvda at $50 before this is over

 

[jsasker007]

Analyst on radio: "Mag 7 is now the drag 7".

Build outs of AI datacenters slowing.

I think you could see nvda at $50 before this is over

That would be great as I only have a couple shares of NVDA right now but if the price would drop that much I would buy as much as I could scrounge up. Feel sorry for the bag holders if it does drop another 50%. Entry price is key!

 

[jsasker007]

NAK has been a nice rollercoaster lately. Buy it when it drops below a dollar and sell it when it gets around $1.15-$1.20. Rinse and repeat.

 

[Bowsnbucks]

View attachment 76508
Saw this earlier. Agree or disagree, his rhetoric on Powell added another firehose to the drowning market. Probably stupid for a sitting president to call a fed president a “loser” and explore options for replacement. Especially when asking for them to bail out your policies but lowering rates during this chaos. I’ve still got fingers and toes crossed this somehow works.

Many financial analysts, economists, and even Buffet say Powell has done a masterful job at the Fed, and that he's a very smart guy. Navigating the economy through the global Covid shake-up, and all the resulting inflation, economic ripples, supply chain issues, multiple millions of chickens and turkeys slaughtered due to bird flu, etc. - has impressed the big-money players. Raising interest rates is never fun for anyone - but in inflationary times, it has to be done to bring down inflation - and it brought it down from about 9.4% to around 2.6% before "liberation day" and all the tariffs.

Almost every stock and fund chart from early February to now has been a downslope. I read 'em every day, and the few upward blips are buyers on dips - not a steady upward trend. I read a number of financial publications, blogs, and articles regularly. Most CFP's say they don't know what to advise their clients as to where to put money these days. Our economy has seen a paradigm-shift globally and here in the U.S. Consumer watchdog agencies have been gutted and de-funded, so far fewer financial "police" to watch the store for consumers and investors. Watch out for more frauds and scams coming. Enjoy.

 

[jsasker007]

more frauds and scams

Speaking of which you can do the reverse mortgage or even sell that unused life insurance. WHAT A DEAL. Can't even believe they allow that shit on television honestly. Rant over.

 

[Howboutthemdawgs]

Many financial analysts, economists, and even Buffet say Powell has done a masterful job at the Fed, and that he's a very smart guy. Navigating the economy through the global Covid shake-up, and all the resulting inflation, economic ripples, supply chain issues, multiple millions of chickens and turkeys slaughtered due to bird flu, etc. - has impressed the big-money players. Raising interest rates is never fun for anyone - but in inflationary times, it has to be done to bring down inflation - and it brought it down from about 9.4% to around 2.6% before "liberation day" and all the tariffs.

Almost every stock and fund chart from early February to now has been a downslope. I read 'em every day, and the few upward blips are buyers on dips - not a steady upward trend. I read a number of financial publications, blogs, and articles regularly. Most CFP's say they don't know what to advise their clients as to where to put money these days. Our economy has seen a paradigm-shift globally and here in the U.S. Consumer watchdog agencies have been gutted and de-funded, so far fewer financial "police" to watch the store for consumers and investors. Watch out for more frauds and scams coming. Enjoy.

The fed needs to be apolitical in theory. Reality is that is almost impossible. Everyone has bias unfortunately. But the ability to just fire someone you don’t agree with in that position is a big no-no if we value our standing on the world stage. I will say Powell absolutely botched the transitory call around Covid. Additionally I’m thoroughly convinced the rate cuts, and especially the 50 bps cut, around the election was just overtly political. That cut in particular baffled even the most astute fed watchers. Occums razor says that was to get the dems rolling through the election.
So to say he’s been good is a stretch when those two things were massive in terms of policy and both can be argued as failures

 

[Buckly]

“Too Late”. Good nickname Trump has for Powell. I agree with you that you shouldn’t just fire him if you don’t agree but, at this point it’s obvious Powell is just being stubborn because he hates Trump . He can certainly be fired for cause which I believe that’s what the administration is looking at now.

 

[jsasker007]

For Christ sake, when Biden was sleeping at his desk not knowing where he was or how he got there they had to change the definition of recession so we wouldn't be in one during dip shit's residency. jmho