Kolek planning to go pro
I think the end of the market pullback is essentially already here. We dipped a little below the July June lows (but not much), appear to be rebounding. Perhaps, most important, Jobs & Consumers seem stable, energy prices are getting lower (globally), and there's a chance Putin won't launch nukes.But that's the wildcard...not just Putin but the global economic environment. And honestly, the past month I haven't been paying attention globally other than to know England is being run by a bunch of idiots. Hopefully they get their sh*t straight.
I have/had a buy list waiting, but so far the market bounced back up before I pulled the trigger except for one.
Be patient - you’ll probably get another chance.
Like with AMZN right now, holy heckEdit: Looks like they came back up a bit. They were down ~18% right after earnings
Took a small position in Twitter this afternoon. Removing Jack Dorsey is a potential upside catalyst IMO.
They could be down 50% for the year by tomorrow. Should I buy a chunk before the end of the year?
I hold plenty of amazon for my tastes just through index funds. If you want to be overweight amazon though? Yep. Nothing has fundamentally changed with their business model, so if your time horizon is long picking up "cheap" AMZN is a good idea.
Well, they do have a PE ratio of 99, so not sure it counts as cheap.
Dumped all my savings into DWAC last February. Looking for big things
Beat. Raise. Repeat.https://www.marketwatch.com/story/cvs-health-stock-jumps-5-premarket-after-earnings-beat-opioid-settlement-2022-11-02?siteid=yhoof2&yptr=yahoo
Will be interesting to see how market reacts to Fed rate and then to Powell's comments.
Rate should already be priced in. Comments will affect future "pricing". I expect the comments will essentially say that they think they're on the right path, and seeing signs their actions being effective, but will require more data and careful examination in their next meeting.
My online savings account has gone from 0.7% to 2.5% in less than a year