Stock Market is the bottom in?

[Foggy47]

......and another thing (lol)

Capitalism is imperfect, no doubt. But capitalism and capitalism only has led to remarkable economic growth and a rise in our standard of living. It’s produced wealth unimaginable just 200 years ago and product creation in so rapid a pace that the size of a computer dropped 99 percent in just four decades, while simultaneously becoming many orders of magnitude more powerful.

 

[Foggy47]

......and another thing (lol)

Capitalism is imperfect, no doubt. But capitalism and capitalism only has led to remarkable economic growth and a rise in our standard of living. It’s produced wealth unimaginable just 200 years ago and product creation in so rapid a pace that the size of a computer dropped 99 percent in just four decades, while simultaneously becoming many orders of magnitude more powerful.

Prove me wrong.

 

[Turkish]

I agree with this to a point. But when does "the reward" become so crazy exorbitant, and the people who helped build said company still struggle?? How many yachts, helicopters, private jets, multiple mansions, and even private islands does one need, to feel they're aptly "rewarded"?? This is just me - but if I had the kind of loot some of these billionaires have - I'd take great care of the people who helped me get there. They wouldn't have to pay from their own pockets for health insurance, and I'd set them up with retirement accounts with 6-figure seed money. I have to live with myself.

FedEx and UPS delivered goods before Amazon started. They would still be delivering if there was no Amazon. I'm not saying Amazon is bad at all - but I think it's greedy beyond greedy to make employees pay out of pocket for their health insurance coverage considering those employees helped build the company to where it is, and Bezos is worth hundreds of billions. The Turkish man who started the Chobani yogurt company made all his employees millionaires with stock in thanks for making him rich and the company a big success. And you know what? The business community as a whole hated him for doing that. Business executives said he "set a bad example" for the rest of them. I'll bet those employees of Chobani would do just about anything for the owner and the company since he "shared the reward." I'm not against business ..... I'm for fairness.

And as for the "highest tax rates" so many believe they richest pay ...... they also have many loopholes written into the tax code that 99% of us have no access to. Even Buffet says the richest don't pay taxes like people of lesser means pay. Buffet also says the tax code is written to favor the richest - and that it should change to make it fairer to those of lesser incomes. Buffet's words - not mine. The ultra-wealthy can write off or hide much of their wealth by a number of ways written into the tax code specifically for that 1% of the population. Can any of us on here open a shadow office on an island somewhere and claim that as our business address to avoid taxes here?? That's just one example. Halliburton did that and was caught at it by a news organization. A desk and a chair were all that were in that "Headquarters" offshore. That was verified and video-taped. The ultra-rich try to keep all those tax loopholes a secret, and hidden from the public. Being "in" the top tax bracket doesn't mean they "pay" that rate. Fact.

So you pay a little extra in taxes out of the goodness of your heart?

 

[PatinPA]

QBTS is up 20% today.

Up 60% today. Sold about 40% of what I had.

 

[jsasker007]

Up 60% today. Sold about 40% of what I had.

Sounds like a solid play. Find something that's "on sale" and repeat.

 

[bwoods11]

Nvidia back up to $120, Palantir up nicely !

 

[buckvelvet]

I have a lot (for me) bet on QBTS and TEM. QBTS missed there Q4 revenue but are expecting a huge Q1 for this year. Pelosi bought TEM a while ago and now some other big hitters are buying it on the dip.

You're having a great day. :)

 

[KY wild]

My mad money account up 7% today, all 21 stocks up, probably 1st for each. Unfortunately account still down for 2025 like 8%, but a nice move.

 

[SD51555]

https://twitter.com/x/status/1900939207150903558

Sent from my iPhone using Tapatalk

 

[Foggy47]

https://twitter.com/x/status/1900939207150903558

Sent from my iPhone using Tapatalk

Somthing happening here? What it is, ain't exactly clear (to investors). Buffalo Springfield. grin.

Gov't travel off 50%?? Big changes afoot. I hope Musk can stay the course. We do need some press on the waste / fraud & abuse......but I think the more he exposes the more hate is sent toward him. That is a shame....as this is the first and only "decent" attempt to get spending under control in Washington. Maybe the "rescue" of those astronauts will provide more support for Elon.

We all see so many government programs that have sprung up in the past 20 years. Those programs many mean well.....but it has put so many on the government teat that it's hard to go back. Cutting them now feels like an entitlement has been cut. I dont think free food, shelter, needles, and cell phones have done much for a growing part of our citizens.

It's past the time for tough love. We need more of the attitude: "If you don't work....you don't eat". We got bills to pay...and our whole system is in peril.

Regarding air travel.......when I began my working career, I'd guess that 70% of those traveling were business related. Perhaps 20% were retired travelers.....and the other 10% were military and miscellaneous travelers (just a WAG). Now, I'd guess that 75% is vacation / family travels, 20% government and 15% business. (I know that does not add up...but I do'nt feel like re-doing the math. lol). The amount of travel by the general population is unreal. No wonder illness spreads as it does.

Where does the money for all this recreational travel come from? Same goes for sporting event and concert ticket prices....Yikes! My kids (and their parents) could never afford to go to this stuff when they were growing up......or maybe our priorities were / are different.

 

[Westwind]

Apply the same standards to the politicians you support that you apply to the politicians you don’t support.

Every politician in the Whitehouse since Reagan except one increased the deficit.

Don’t bullshit yourself. No one in Washington is about to cut spending.

 

[Angus 1895]

I clicked on Zach’s top 7 short term stocks.
They are:

AZEK

DOCS

OPRA

PGR

RNG

ROOT

I bought some ROOT,PGR,JAZZ,DOCS today.

 

[jsasker007]

April 2nd should be a gut punch for investors. Tariffs kicking in then supposedly. I'm hoping to sell some stocks that I'm up on just before the end of the world panic sets in AGAIN. jmo

 

[BuckSutherland]

I put the last 35,000 in for my SEP account on Friday. Just patiently waiting....

 

[bwoods11]

I put the last 35,000 in for my SEP account on Friday. Just patiently waiting....

I threw money in this morning …
AAPL, JP Morgan, Berkshire Hathaway…Applied Digital, Casey’s, Diamondback Energy, UAN, XOM

Also a flyer on Duluth Trading … & first buy of Google? Seems undervalued.

 

[SD51555]

I started a position in TLT and started selling a near strike call, and a tiny position in TLTW. The ideas mirror each other. In TLT I’m doing the work, on TLTW, they’re doing the work.

Also had to buy some PRU, FDX, and a tiny amount of ARLP.


Sent from my iPhone using Tapatalk

 

[bwoods11]

Cenex Harvest States (CHSCL) Preferred
Pays a 7.5% dividend

Fluctuates from 25-26. Read up on preferred shares and calls/etc… this has been a real solid income producer, or in my case I DRIP the shares .

 

[SD51555]

Cenex Harvest States (CHSCL) Preferred
Pays a 7.5% dividend

Fluctuates from 25-26. Read up on preferred shares and calls/etc… this has been a real solid income producer, or in my case I DRIP the shares .

That’s better than EPD. You may have finally talked me into some of this.


Sent from my iPhone using Tapatalk

 

[Bowsnbucks]

On the other hand......go to any large city hospital......and look at the folks that have donated to build those '"cancer units", Heart surgery centers, and specialty clinics for children etc. Also who do you think funds the sports centers at colleges and the theaters, parks and much more. More often than not you will see the biggest and most wealthy in those communities that have given back to the community they will leave. Usually foundations created pay huge amounts of the costs. You wont find many Joe Lunch Buckets names on the list of those donations.

I can agree to a point that there is some abuse out there......a few have created money machines like we have not seen in some time. But many of those titans of time gone by provided libraries, schools, colleges, parks and so much more. I'm thankful for their success. You dont see any armored trucks following a hearse. i.e. You can't take it with you....and sooner or later it filters back to the economy. How would a yacht

builder provide a yacht for Joe Lunch Bucket? How many Jaguar's is Joe buying? How many jet planes? .....and who will profit if this stops? not those employees that build that stuff. 'Merica.....MAGA. I don't see where coveting other peoples stuff or jealousy of others prosperity has done anyone any good. You won't hear many wealthy folks apologize for their hard work and good fortune. Get out there and earn it. My 2 cents.

EDIT: And for every greedy wealthy guy you can list....I could list you scores more that wont get off the government teat or lift a finger to help themselves. What about those guys? I think some of those folks could pay their fare share too? I rest my case.

I agree about the ones on the teat. But I know some friends and acquaintances who work full time, and some at 2 jobs, who can't pay for food, rent, and medical care. They have to choose at times. No luxuries for them. Are those people to be ignored?? They aren't welfare slugs. And there are millions of such people in the U.S. And for anyone who says - "just go back to school and learn a new skill-set" - where does that money for re-training come from?? And for which jobs, since AI is going to eliminate millions more currently-existing jobs??

Not all ultra-rich give back to the communities either. Many of the richest have inherited wealth too - dynastic wealth. Many, many ultra-rich get that way from exploiting the people who work for them too. Let's face facts. I won't bad-mouth those who pay to build cancer treatment centers, etc. - but not all ultra-wealthy do those things. I'd just like to see them pay more for their employees' health coverage. As a stockholder in a number of companies, I'm not in favor of insane compensation packages for the CEO's, when the people who actually do the work in those companies have to shell out of their pockets for their health coverage. How about trimming some of the CEO's ridiculous compensation, and sharing some of the profits with the employees - or hiking stock dividends??? Every year those CEO's get $$$ multi-million $$$ pay packages whether the company does well or not. Here's a fact that I'll bet lots of folks don't know or are aware of ....... for most CEO's of big companies, their contract - upon their hiring as CEO - has written into it a "golden parachute" severance package that is always worth multiple millions. It also usually includes use of the company jet(s), helicopters, and a slew of "preferred stock" and options that they cannot lose money on when they sell them. They get all that loot even if they run the company into the ground, and tank the stock (Carly Fiorina - ex Hewlett Packard CEO - is a good example.) These CEO's cannot lose, because it's written into their contract when they're hired. How many of the gents on here who aren't CEO's of big companies (but may work for a big company) can eff-up and be guaranteed to walk away with multiple millions - or even 1 more week's pay??? CEO's can make bad decisions and STILL get their fat compensation packages every year ........ and golden parachute packages when they leave (fired or retiring). I'm not against CEO's being compensated well - just not at ridiculous, insane levels. They'll never be hurting. IMO - something's way off here.

 

[Howboutthemdawgs]

I agree about the ones on the teat. But I know some friends and acquaintances who work full time, and some at 2 jobs, who can't pay for food, rent, and medical care. They have to choose at times. No luxuries for them. Are those people to be ignored?? They aren't welfare slugs. And there are millions of such people in the U.S. And for anyone who says - "just go back to school and learn a new skill-set" - where does that money for re-training come from?? And for which jobs, since AI is going to eliminate millions more currently-existing jobs??

Not all ultra-rich give back to the communities either. Many of the richest have inherited wealth too - dynastic wealth. Many, many ultra-rich get that way from exploiting the people who work for them too. Let's face facts. I won't bad-mouth those who pay to build cancer treatment centers, etc. - but not all ultra-wealthy do those things. I'd just like to see them pay more for their employees' health coverage. As a stockholder in a number of companies, I'm not in favor of insane compensation packages for the CEO's, when the people who actually do the work in those companies have to shell out of their pockets for their health coverage. How about trimming some of the CEO's ridiculous compensation, and sharing some of the profits with the employees - or hiking stock dividends??? Every year those CEO's get $$$ multi-million $$$ pay packages whether the company does well or not. Here's a fact that I'll bet lots of folks don't know or are aware of ....... for most CEO's of big companies, their contract - upon their hiring as CEO - has written into it a "golden parachute" severance package that is always worth multiple millions. It also usually includes use of the company jet(s), helicopters, and a slew of "preferred stock" and options that they cannot lose money on when they sell them. They get all that loot even if they run the company into the ground, and tank the stock (Carly Fiorina - ex Hewlett Packard CEO - is a good example.) These CEO's cannot lose, because it's written into their contract when they're hired. How many of the gents on here who aren't CEO's of big companies (but may work for a big company) can eff-up and be guaranteed to walk away with multiple millions - or even 1 more week's pay??? CEO's can make bad decisions and STILL get their fat compensation packages every year ........ and golden parachute packages when they leave (fired or retiring). I'm not against CEO's being compensated well - just not at ridiculous, insane levels. They'll never be hurting. IMO - something's way off here.

awesome! Good for those guys for climbing the ladder and achieving what can be considered the pinnacle of professional success. I’m jealous, I wish I was in a lot of their shoes professionally. We should celebrate CEOs in our schools and encourage students to strive for the top.