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Stock Market is the bottom in?

Interesting, I still think it’s months down the road, if it even happens. That said, I did start to take more of a conservative approach, but I’m also 🤞9 or so years from retirement and I like my recent gains.
 
Sold off majority of my holdings Friday and had my best ever gain. Still have one loser I need to get rid of and one low cost stock that is paying decent dividends that I will hold for now.
 
Seems like any good stock that ain’t nailed down is getting bought up like crazy. In a few minutes, STZ reports earnings.


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It's regarding your post #7956 on the previous page's comments. Maybe I read your intended thought / point incorrectly. No offense intended, jsasker.
It's all good. I just lost track of what we were addressing.
 
Seems like any good stock that ain’t nailed down is getting bought up like crazy. In a few minutes, STZ reports earnings.


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Earnings make me nervous the way the market has been reacting lately. Never know how far the price will plummet after great earnings and positive future projections. Confuses me, but most things do lately.
 
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Earnings make me nervous the way the market has been reacting lately. Never know how far the price will plummet after great earnings and positive future projections. Confuses me, but most things do lately.
So far, STZ earnings look to be received neutral to slightly positive. I'm not kidding when I say everything in my view is getting gobbled up. Gold is climbing and climbing. Platinum is climbing and climbing. STZ could barely hold $130, and now they're +10% in the last few weeks. LMT is climbing every day, so much so that I pulled my call option on it today. The only thing not moving yet is CVX.

It really feels like a flight from cash. Gold is up 60% in 12 months. Platinum is much the same. Silver is gonna hit $50/oz any moment now, and that doesn't seem to be a big deal to anyone. Time to be in durable assets before the paper they're measured in goes to crap. I don't just mean metals, I mean, means of production, energy, fuels, electricity, materials, pipelines, wells, mills, pits, timber, metals, information, land, equipment, technology, food, tools, any life maintaining resources, etc.

Even if those things decline in value in a downturn, I'd still wanna own the underlying asset instead of cash. I do have some ARLP, but I may dump that before something bad happens. I think they are the last underground coal operation in North America.
 
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