thesiren74
Well-Known Member
A lot of layoffs.
Stock Market
- Thread starter Inertia
- Start date
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We’re discussing the stock market here, not layoffs. Two different things.
Inertia
Well-Known Member
I kinda think it's all related in a way.
Companies becoming more cost effective.
Lotta small marginal companies counted on running on a line of Credit, to pay bills, etc, wages, etc.
The butcher, baker, - candlestick maker all had thousands $$$ at their disposal.
I did, all my businesses since interest were low, cost near nothing in interest.
Now when interest rates went up 5+% in a fkn yr, many, Incuding me had a $200k credit line costing $375 a month in interest, that I had in a Fund in the same Bank paying me $800 a month.
That changed to over $1100 interest payment for $800 income.
Every business faced those same crazy increases in loan payments.
Credit lines closed, marginal business closed.
An interesting thing I learned today is the middle/upper $$$ folk having lotsa money in the bank are now making mega $$$ from the interest on their funds, unexpectedly, and they are spending large, thus spurring on the economy .
If you think consumer prices should go down to what it was 4 yrs ago,
- IT AIN'T GONNA HAPPEN ! !
Give your head a shake .
You can't increase the min wage (n)% , then EVERYONE in the wage chain gets their (n)% and expect everything to go back to before the wage increase.
Sure everything costs more, but whatever your income source, you most likely are making more too, if not you need to talk to your employer, union, fund manager .
Reality is a ***** .
We still have the best economy in the world, despite what some will try to convince you .
Fact check some of these figures being flung around.
Cheers .
Companies becoming more cost effective.
Lotta small marginal companies counted on running on a line of Credit, to pay bills, etc, wages, etc.
The butcher, baker, - candlestick maker all had thousands $$$ at their disposal.
I did, all my businesses since interest were low, cost near nothing in interest.
Now when interest rates went up 5+% in a fkn yr, many, Incuding me had a $200k credit line costing $375 a month in interest, that I had in a Fund in the same Bank paying me $800 a month.
That changed to over $1100 interest payment for $800 income.
Every business faced those same crazy increases in loan payments.
Credit lines closed, marginal business closed.
An interesting thing I learned today is the middle/upper $$$ folk having lotsa money in the bank are now making mega $$$ from the interest on their funds, unexpectedly, and they are spending large, thus spurring on the economy .
If you think consumer prices should go down to what it was 4 yrs ago,
- IT AIN'T GONNA HAPPEN ! !
Give your head a shake .
You can't increase the min wage (n)% , then EVERYONE in the wage chain gets their (n)% and expect everything to go back to before the wage increase.
Sure everything costs more, but whatever your income source, you most likely are making more too, if not you need to talk to your employer, union, fund manager .
Reality is a ***** .
We still have the best economy in the world, despite what some will try to convince you .
Fact check some of these figures being flung around.
Cheers .
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stroked340
Well-Known Member
My 401k at an all time HIGH 
..by the way inflation was 1.9 when Trump left office..
..by the way inflation was 1.9 when Trump left office..
Inertia
Well-Known Member
Went up to 6 during Covid, now down to less than 2?My 401k at an all time HIGH
I am very much trying to leave politics outta this thread.
I'm very glad you're doing well.
NVDA almost back to $1000 again, the whole market is broadening out.
Fear of a rate increase is gone, tons of great earnings .
Looking pretty good for the next few months, (touching wood here).
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Inertia
Well-Known Member
Cuz of the new China tariffs and the likely repercussions, they will probably restrict all the "rare Earth's" and many minerals nec for solar and chip manufacture, I bought shares of a small miner I mentioned a while back 5N+, I'm up about a $1 on a $4 stock,
They produce rare Earth's here in Canada.
TECK B. also a play for copper/gold/rare Earth's.
ca.finance.yahoo.com
They produce rare Earth's here in Canada.
TECK B. also a play for copper/gold/rare Earth's.
5N Plus Inc. (VNP.TO) Stock Price, News, Quote & History - Yahoo Finance
Find the latest 5N Plus Inc. (VNP.TO) stock quote, history, news and other vital information to help you with your stock trading and investing.
ca.finance.yahoo.com
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like_A_pike
that's not factory
6 weeks to get AMD back to where I jumped in at. Dow did a layup to 40k and the tide pulled back out… watch for dips if your day folk like me!
Happy Hunting
Happy Hunting
like_A_pike
that's not factory
NVDA Q1 results are due out on 5/22. I understand January ‘25 calls over $1000 were hot sells last month. their peers and vendors all reported strong results BUT shares were punished for forecasting some headwinds (China trade policy) META was punished for spending too much on AI. There may be an opportunity for a NVDA share pop because I know they’re results are going to be good. I’m once bitten twice shy on this short term headwind thing however. Y’all decide for yourselves but I’m going to be looking to gobble up some dip with them chips! Happy Hunting!
Inertia
Well-Known Member
AMD seems to be a laggard, maybe cuz their chips are for EVs, which are slowing.
NVDA, LAM research, I think, are more "universal" Taiwan semi ?
Perhaps just look for a more Beta stock .jmo.
ANET seems to follow NVDA, I've done well on both.
Good hunting .
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thesiren74
Well-Known Member
It correlates with the bump in the market jerk.
Inertia
Well-Known Member
NVDA reports tmrw, Wed 22nd.
Last time had great earnings, shares jumped $50 a share .
Whole mkt soared, same may happen .
Cheers
Last time had great earnings, shares jumped $50 a share .
Whole mkt soared, same may happen .
Cheers
I don't care how "good" the market is now. There's no way in hades I'd put anything in the market as volatile as it is. I think the safest place for money now is in a gunsafe.
2nd mention of real estate prices normalizing or coming down along with a sale in our targeted area at 220K vs 240-250K.
That triggers my daily or multiple daily tracking of my real estate stock holdings.
Man, I'm not happy to potentially sell the 9.5 and 11% dividend payers.....
That triggers my daily or multiple daily tracking of my real estate stock holdings.
Man, I'm not happy to potentially sell the 9.5 and 11% dividend payers.....
mopowers
Well-Known Member
How do you guys feel about the popular covered call ETF's out there? Some of them are paying pretty high dividends. Are the dividends sustainable long term?
Maybe trade that $$$ for something concrete like R/E. The $$ shrinks everyday?! Yep!
69FBCuda
Stand back 10' for your viewing pleasure & Safety
Frustrated... Transferring cash from Fidelity to Robinhood is like pulling teeth.Too many days in between.
ISUN; a 2+yr old stock purchase that pooped when Joe was placed in office. Was trading Nasdac and now moved to OTC for price non compliance, under $1.00 for way too long. My plan is to average in around 0.12c and sell around 0.17c. Now the waiting begins.
Cheers,
Art
ISUN; a 2+yr old stock purchase that pooped when Joe was placed in office. Was trading Nasdac and now moved to OTC for price non compliance, under $1.00 for way too long. My plan is to average in around 0.12c and sell around 0.17c. Now the waiting begins.
Cheers,
Art
So that I can do what? Pay tax on it? FFFF all that.
69FBCuda
Stand back 10' for your viewing pleasure & Safety
I agree, US old farts gonna have to go safe and I do. But when inflation kills the $, the guys surviving have tangible assets. That 5% barely keeps me at "even" with inflation. But way better than what the crooked banks used to pay which was nothing!
Safe? As long as the banks don't go under. What then?
I remember back about 1990 I had a pretty sizeable CD with Bank South. It was an encremental CD. First year was 8%, second was 8.5% and the third was 9%. Never again. lolI agree, US old farts gonna have to go safe and I do. But when inflation kills the $, the guys surviving have tangible assets. That 5% barely keeps me at "even" with inflation. But way better than what the crooked banks used to pay which was nothing!
69FBCuda
Stand back 10' for your viewing pleasure & Safety
Back in the 80's my wife's grandmother had ten $10,000 cd's @18% ayp.
Inertia
Well-Known Member
Gun safe is a great place for cash, gold, silver, bullets, jewelry, and guns, lol
Lotta stocks are up well over 50% since last Halloween, Oct 31.
NVDA was $350 last Halloween, now knocking on $1000, 5 months.
You only pay on what you made, chose carefully . Due Dilligence
That when mortgage rates were closer to 10% than 1%, - banks could pay decent returns, like now.
The "Fortress Banks" are pretty safe.
It's Putin's big red button that'll tank it, or a tweet .
Cheers Rusty, jmo
Inertia
Well-Known Member
Inertia
Well-Known Member
That whole Robinhood deal brought attention to the market to million of youngens that had never traded.
That and alogorythmic(?) trading has added so much volatility and range of movement has actually improved chance of profits, and the new softwares have made safety/mitigation, when used properly, has greatly improved profits.
My second mortgage in 1972 was very near 18% ..
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