Was mentioning how record profits impact record stocks, as some indication. If a corporation posts a 50% increase in profits over a fiscal year, another 30% increase over the year prior to that, I’d guess someone in the chain must be spending less, making more money, while another is spending more…or at best the same.
Been paying attention to the stock market again.....
- Thread starter Cranky
- Start date
#41
Well-Known Member
What is "MSM"?
- Local time
- 2:30 PM
- Joined
- Aug 9, 2020
- Messages
- 2,524
- Reaction score
- 8,318
- Location
- State College, Pennsylvania
That’s why I bought the GTXs with Roth and capital gains money, and drive an ancient Lexus as my daily. Something to talk about at Carlisle, lol.
- Local time
- 11:30 AM
- Joined
- Jan 16, 2011
- Messages
- 73,728
- Reaction score
- 111,982
- Location
- NorCal Sierras
Big money speculators, 1st on lowering the interest rates that didn't happen
& big $$$ playing games with their fortunes mostly
during a 40% in real inflation period like "right now"
you'd have to have some serious growth
in it for the long term
Bingo
- Local time
- 1:30 PM
- Joined
- Feb 20, 2012
- Messages
- 66,365
- Reaction score
- 241,845
- Location
- Maskachusetts
So much for all the recent gains. 
- Local time
- 1:30 PM
- Joined
- Oct 20, 2019
- Messages
- 4,060
- Reaction score
- 3,451
- Location
- Saskatoon Saskatchewan Canada
- Local time
- 1:30 PM
- Joined
- Oct 20, 2019
- Messages
- 4,060
- Reaction score
- 3,451
- Location
- Saskatoon Saskatchewan Canada
Interesting that our investor is Todd and is with Edward Jones. I actually suggested a stock he was a little sceptical about. But it made good returns for his other clients also. My one hit wonder.
Lol, does the market always go UP?So much for all the recent gains.
It will if you hang around long enough, records prove that.
Please recheck my reply – ‘always’ go up? Seems to me that it tends to roll up then down, back up again…in other words, it doesn't run on a constantly-always upward pattern..
Just putting this up, No Prediction from me personally:
XS22J8R
Well-Known Member
Having watched and invested in the market for the last 40 years, I have noticed that when you read market pundits predictions of what is going to happen soon in the market, there are always some of them are saying the market is on the verge of a huge correction or plunge. And some of them are saying the market has a long way to go on the upside. And some who are saying the market is going to hold fairly steady.
So you end up either believing the ones who support the opinions you already lean toward, or else just dismiss it all as just being a bunch of background noise, and try to ignore them.
Economists are similar. They all come up with different theories. Then when one seems to have it nailed, they get selected to get a Nobel prize. But you have to wonder, are they really much smarter than their peers, or is it a case where if enough people come up with enough different theories, one of those theories was bound to be correct?
On a related note, someone set up ETF funds that bet against market pundit's Jim Cramer and Cathy Woods stock picks. I haven't checked to see how they are doing.
You can bet against Jim Cramer with a new ETF from the fund that shorts Cathie Wood
At the end of the day, if you picked stocks or predicted future stock performance by having a chimp throw darts at a dartboard and then buying the stocks that the dart hit, you'd probably do better than most experts long term performance!
dadsbee
Well-Known Member
- Local time
- 2:30 PM
- Joined
- Jan 29, 2018
- Messages
- 21,133
- Reaction score
- 73,846
- Location
- Midland Ontario, Canada
All I know at this point is that the Wife and I have already recovered 58.2% of what we pulled out on Jan 11th... so let it ride.
Oh, that and I should have bought a 100 grand worth of actual gold when it was $300/ounce!
Oh, that and I should have bought a 100 grand worth of actual gold when it was $300/ounce!
Similar threads
