Investing Thread

[Pakuni]

Y'all might want to start dumping your SPCX.

[tower912]

Sissy Spacek had stock?

[Pakuni]

Sissy Spacek had stock?

It Carries a strong P/E ratio.

[MU82]

Thumbing his nose at the doomsayers, Mr. Market is loving America's new landscape.

Dow up 3%, S&P and Nasdaq each up 2%.

Nice bounce-back for AAPL. New all-time high for MSFT. AMZN way up. And it's not just tech names. After a good earnings report, MCD is up 5%. Mastercard is up 3.5%, Costco is up 3%. And so on and so on.

[Hards Alumni]

Binance has been hacked and $6.3 billion in crypto was stolen.  This is not the first major hack of a crypto blockchain.  Seems to happen on a pretty regular basis.  Predictably, Bitcoin and Ethereum prices are falling.  Have any of you been affected? 

The blockchain was not hacked, their website was hacked.  Just like if someone hacked US Bank, they didn't hack the dollar.

[MU82]

Markets surged Wednesday after American voters dealt a resounding blow to key pillars of President Trump's economic agenda, from an unrestrained AI build-out to the costly war in the Middle East.

https://www.wsj.com/politics/elections/the-winners-and-losers-on-wall-street-from-the-election-earthquake-55ff9cd4?mod=hp_lead_pos1

Democrats swept both houses of Congress and won several gubernatorial races in part thanks to backlash to the data-center developments that Trump has championed. Vice President JD Vance blamed the loss on Trump's conflict with Iran that lifted inflation and interest rates. And a president who has muscled around major companies and trading partners will now face a congressional check on his power to shape the economy.

Those themes dominated markets in recent years, and they might rise to the fore again with a single social-media post from the president. There are still months to go before Democrats are sworn in. But if Wednesday's broad rally is any indication, Wall Street is betting on a more-predictable, more-" real" economy in the final years of Trump's term. There were losers, too, notably the chip-makers and other suppliers that function as picks and shovels of the AI trade.

"This election felt like a referendum on the war with Iran and the increase in energy prices this year, as well as a referendum on data center build-out," said Blerina Uruçi, chief U.S. economist at T. Rowe Price. "I wonder here if the market is interpreting the Democratic wave and victory as essentially the public saying, 'OK, this is not working for us.'"

[jesmu84]

The markets know they have more influence than voters. Nothing will significantly change on an economic/corporate level

[SoCalEagle]

Nothing will change? I could see congress reigning in some of the tariff nonsense. Or, putting pressure on the White House to exit the war in Iran. Or, stopping some of the corruption related to insider trading. All of these could be helpful to the economy and/or corporate America. The Dems certainly can't do everything they want to, but to say nothing will change on an economic / corporate level is not quite accurate. At least that's my two cents.

[jesmu84]

Nothing will change? I could see congress reigning in some of the tariff nonsense. Or, putting pressure on the White House to exit the war in Iran. Or, stopping some of the corruption related to insider trading. All of these could be helpful to the economy and/or corporate America. The Dems certainly can't do everything they want to, but to say nothing will change on an economic / corporate level is not quite accurate. At least that's my two cents.

"Significantly"

Did the tariffs or war or insider trading impact corporate profits or stock buybacks? No.

The markets don't care about those things.

[SoCalEagle]

Markets do care, in my opinion. You don't think the tariffs impacted the market? You don't think a stable stock market (i.e. free from market manipulation on the scale we have seen o er the last two years) is good for the economy? You don't think putting a stop to the war would be helpful to Americans and their pocketbooks? I guess we just see things differently. No doubt there are limits to what Dems can't do, but they can have SOME impact.

[jesmu84]

Markets do care, in my opinion. You don't think the tariffs impacted the market? You don't think a stable stock market (i.e. free from market manipulation on the scale we have seen o er the last two years) is good for the economy? You don't think putting a stop to the war would be helpful to Americans and their pocketbooks? I guess we just see things differently. No doubt there are limits to what Dems can't do, but they can have SOME impact.

Markets does not = economy or Americans/pocketbooks

For example, the oil markets are loving the war. American consumer pocketbooks are not loving the war.

[SoCalEagle]

Again, you are proving my point. Oil is down big today. Why? Because there is a belief that this shift will be good for the economy. Although markets do not equal the exonomy, without healthy markets it sure is hard to have a good economy.

[jesmu84]

Again, you are proving my point. Oil is down big today. Why? Because there is a belief that this shift will be good for the economy. Although markets do not equal the exonomy, without healthy markets it sure is hard to have a good economy.

You keep moving the goalposts.