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Author Topic: Investing Thread  (Read 359143 times)

rocket surgeon

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Re: Investing Thread
« Reply #3775 on: July 07, 2024, 06:58:09 AM »
Stock market doing the goodest job it can do!

  I know what you did here ;D
felz Houston ate uncle boozie's hands

MU82

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Re: Investing Thread
« Reply #3776 on: July 09, 2024, 08:03:45 AM »
“It’s not how white men fight.” - Tucker Carlson

“Guard against the impostures of pretended patriotism.” - George Washington

Skatastrophy

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Re: Investing Thread
« Reply #3777 on: July 09, 2024, 08:11:19 AM »
Bitcoin mining facility in Texas is apparently causing severe medical conditions to those who live nearby.

https://time.com/6982015/bitcoin-mining-texas-health/?campaign_id=4&emc=edit_dk_20240709&instance_id=128278&nl=dealbook&regi_id=108420427&segment_id=171659&te=1&user_id=d36dcf821462fdd16ec3636710a855fa

Processing speed is based on your ability to keep the processor cool. There's a reason so many data centers are in the high desert like Wyoming. Texas data centers are a bad idea.

Uncle Rico

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Re: Investing Thread
« Reply #3778 on: July 09, 2024, 08:14:29 AM »
Processing speed is based on your ability to keep the processor cool. There's a reason so many data centers are in the high desert like Wyoming. Texas data centers are a bad idea.

I’m sure Texas legislators will begin regulating
Ramsey head thoroughly up his ass.

Pakuni

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Re: Investing Thread
« Reply #3779 on: July 09, 2024, 09:27:45 AM »
I’m sure Texas legislators will begin regulating

Just convince them data centers are like pregnant women, and they'll be all over it.

JWags85

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Re: Investing Thread
« Reply #3780 on: July 09, 2024, 12:30:34 PM »
Bitcoin mining facility in Texas is apparently causing severe medical conditions to those who live nearby.

https://time.com/6982015/bitcoin-mining-texas-health/?campaign_id=4&emc=edit_dk_20240709&instance_id=128278&nl=dealbook&regi_id=108420427&segment_id=171659&te=1&user_id=d36dcf821462fdd16ec3636710a855fa

I wonder if there are myriad conspiracy websites about it like those from people living near huge windmill farms.

Plaque Lives Matter!

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Re: Investing Thread
« Reply #3781 on: July 09, 2024, 01:32:40 PM »
I wonder if there are myriad conspiracy websites about it like those from people living near huge windmill farms.

My favorite one I have come across in my career in green energy.

https://stopchevelonbuttewind.com/

TSmith34, Inc.

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Re: Investing Thread
« Reply #3782 on: July 09, 2024, 02:12:17 PM »
My favorite one I have come across in my career in green energy.

https://stopchevelonbuttewind.com/
Based on the mangled syntax, this was either a Russian disinformation campaign or was written by roqqet.
If you think for one second that I am comparing the USA to China you have bumped your hard.

rocky_warrior

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Re: Investing Thread
« Reply #3783 on: July 09, 2024, 04:42:28 PM »
Based on the mangled syntax, this was either a Russian disinformation campaign or was written by roqqet.

It can't be both?

MU82

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Re: Investing Thread
« Reply #3784 on: July 10, 2024, 07:25:42 AM »
Finally sold TSLA on this run-up. Glad I was patient so I could book a nice little profit instead of unloading when it was getting killed.

And now that I've sold, the price will probably really take off - ha!
“It’s not how white men fight.” - Tucker Carlson

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rocket surgeon

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Re: Investing Thread
« Reply #3785 on: July 10, 2024, 11:33:18 AM »
It can't be both?

  if it was found on a lap top-that ain't my bag man
felz Houston ate uncle boozie's hands

Skatastrophy

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Re: Investing Thread
« Reply #3786 on: July 10, 2024, 11:38:47 AM »

Plaque Lives Matter!

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Re: Investing Thread
« Reply #3787 on: July 10, 2024, 12:30:33 PM »
Based on the mangled syntax, this was either a Russian disinformation campaign or was written by roqqet.

I was a big fan on the time and effort taken on the gifs

MU82

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Re: Investing Thread
« Reply #3788 on: July 10, 2024, 08:07:18 PM »
From the WSJ's "Numbers":

35%

The share of U.S. adults planning to job-hunt in the second half of the year, down from 49% a year ago. Workplace consulting and recruiting firm Robert Half’s April poll also found that 77% were happy with their jobs (and they don’t even have Leigh as their boss). The pandemic-era job-hopping fever, nicknamed the “great resignation,” has morphed into the “big stay.” Employees looking to quit face a tightening job market and shrinking pay premium for switching jobs, federal data show.
“It’s not how white men fight.” - Tucker Carlson

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MU Fan in Connecticut

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Re: Investing Thread
« Reply #3789 on: July 11, 2024, 06:13:24 AM »
I switched jobs June 1.  I wasn't looking either but thinking about starting then I got a phone call and it turned out to be something I couldn't say no to.

MU82

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Re: Investing Thread
« Reply #3790 on: July 11, 2024, 07:50:38 AM »
It looked like Mr. Market was gonna be a downer today after hitting new highs yesterday.

Then the inflation report came in lower than expected, and already futures have reversed.

https://seekingalpha.com/news/4123617-cpi-continues-to-cool-in-june-with-core-yy-rate-easing-to-33?source=source%3Abreaking_news_header

Will Fed cut in September? Given what we know today and what Powell said the last couple of days, I'd say it's likely. But these things are not always easy to predict.
“It’s not how white men fight.” - Tucker Carlson

“Guard against the impostures of pretended patriotism.” - George Washington

Skatastrophy

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Re: Investing Thread
« Reply #3791 on: July 11, 2024, 09:38:00 AM »
I can't imagine the Fed cuts right before the election. Probably more words until early next year (I am not an expert)

Tortuga94

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Re: Investing Thread
« Reply #3792 on: July 11, 2024, 10:59:29 AM »
It looked like Mr. Market was gonna be a downer today after hitting new highs yesterday.

Then the inflation report came in lower than expected, and already futures have reversed.

https://seekingalpha.com/news/4123617-cpi-continues-to-cool-in-june-with-core-yy-rate-easing-to-33?source=source%3Abreaking_news_header

Will Fed cut in September? Given what we know today and what Powell said the last couple of days, I'd say it's likely. But these things are not always easy to predict.

The S&P 500 and the tech sector are down. The S&P is down because of the market cap weighting and its large tilt to growth stocks. The equal weighted S&P 500 is actually up over 1% today.
Maybe we are finally seeing the beginning of a rotation out of large cap tech into large value? Not sure but definitely need to see the rest of the stocks in the S&P 500 start participating for this to be a healthy market rally, it can't be the same handful of stocks doing all the heavy lifting.
Also, look at what mid caps and small caps are doing today. The small caps are up over 3% today, mid-caps over 2%. There is a ton of value there, those 2 sectors of the market are trading at all-time low valuations relative to the S&P500 and at a discount relative to their own historical P/Es.

MU82

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Re: Investing Thread
« Reply #3793 on: July 11, 2024, 01:55:37 PM »
The S&P 500 and the tech sector are down. The S&P is down because of the market cap weighting and its large tilt to growth stocks. The equal weighted S&P 500 is actually up over 1% today.
Maybe we are finally seeing the beginning of a rotation out of large cap tech into large value? Not sure but definitely need to see the rest of the stocks in the S&P 500 start participating for this to be a healthy market rally, it can't be the same handful of stocks doing all the heavy lifting.
Also, look at what mid caps and small caps are doing today. The small caps are up over 3% today, mid-caps over 2%. There is a ton of value there, those 2 sectors of the market are trading at all-time low valuations relative to the S&P500 and at a discount relative to their own historical P/Es.

All good points.

I sure wouldn't mind seeing the rotation you're talking about.

Because my portfolio is filled with "boring," dividend-growing stocks, I'm actually well up today even though the market is down. On the days that tech is going crazy, the market outperforms me. I do have quite a bit of megacap tech - MSFT and AAPL are my two largest positions, and I also have plenty of GOOGL and AMZN - so that helps balance my portfolio.
“It’s not how white men fight.” - Tucker Carlson

“Guard against the impostures of pretended patriotism.” - George Washington

rocky_warrior

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Re: Investing Thread
« Reply #3794 on: July 11, 2024, 10:57:40 PM »
Finally sold TSLA on this run-up. Glad I was patient so I could book a nice little profit instead of unloading when it was getting killed.


Since I can't embed age restricted video...
https://www.youtube.com/watch?v=_uMEE7eaaUA&t=20s
« Last Edit: July 11, 2024, 10:59:33 PM by rocky_warrior »

Skatastrophy

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Re: Investing Thread
« Reply #3795 on: July 12, 2024, 10:48:43 AM »

Skatastrophy

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Re: Investing Thread
« Reply #3796 on: July 12, 2024, 12:15:44 PM »
I hope nobody follows the advice, "sell in May and go away." This market continues its tear.

Not on the few individual equities I own, but the rest of the market, lol. Good thing I index.

rocky_warrior

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Re: Investing Thread
« Reply #3797 on: July 12, 2024, 11:03:08 PM »
I hope nobody follows the advice, "sell in May and go away." This market continues its tear.

Not on the few individual equities I own, but the rest of the market, lol. Good thing I index.

If only investing was actually this easy.  Oh wait...it is. 

However, I laugh when people feel the need to spread themselves among 10 different index (ETF, or mutual) funds.  As if holding 500 different companies via one investment vehicle isn't diversified.  Though, I do use about 3 "diversified" ETFs, and a couple others that aren't equities to achieve my investment goals.

Plaque Lives Matter!

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Re: Investing Thread
« Reply #3798 on: July 15, 2024, 04:14:35 PM »
https://x.com/gavinbade/status/1812950510372012246?s=46&t=G2FhP_F2kWewaBOpvRv5lg

Feels like with all the inflation rhetoric this is a bit odd. I suppose the idea is the export offset more than covers the loss in currency value (at least for the companies)

Skatastrophy

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Re: Investing Thread
« Reply #3799 on: July 15, 2024, 04:59:44 PM »
https://x.com/gavinbade/status/1812950510372012246?s=46&t=G2FhP_F2kWewaBOpvRv5lg

Feels like with all the inflation rhetoric this is a bit odd. I suppose the idea is the export offset more than covers the loss in currency value (at least for the companies)

These people are so unnatural carnal knowledgeing stupid