The strong jobs report kicked the markets up a notch...
TSLA is up 105% YTD. Still down 9% over the past 12 months. The rollercoaster continues.
TSLA is up 105% YTD. Still down 9% over the past 12 months. The rollercoaster continues.
*Investors Blog*
- Thread starter Warstud
- Start date
Yup, but the economy is terrible, the worst it's been in years, and we're on the verge of armageddon.
Wall Street ends up on jobs data, debt default averted — Reuters
The tech-heavy Nasdaq marked its best winning streak since January 2020.
stocks.apple.com
We caught you spamming the Investors Blog .
Yeah the Canadian, the American and most of the rest of the western world's economies are a bit dodgy at the moment. Now combine that with high-ish inflation and rising interest rates.
So why am I buying? Not buying hard but nibbling here and there regularly.
For a start there are always worries. We could be in a recession right now. But even if there is a recession, it will eventually end, and today's prices will seem like a bargain in 3 - 5 years. And I'm a long term investor.
One observation - the stock market turns up long before a recession ends. Has over my investing career anyway. And I don't think that "this time will be different".
So why am I buying? Not buying hard but nibbling here and there regularly.
For a start there are always worries. We could be in a recession right now. But even if there is a recession, it will eventually end, and today's prices will seem like a bargain in 3 - 5 years. And I'm a long term investor.
One observation - the stock market turns up long before a recession ends. Has over my investing career anyway. And I don't think that "this time will be different".
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Yep, I agree with that, I am buying around the edges also.
I think it will be a stockpickers market. We had decreasing interest rates and an accommodative fed for 40 years - literally. That ended in Summer of 2020. The big question is how are some of these heavily leveraged companies going to do at rolling over their debt when the Government has said it will borrow $4T over the next 2 years and the fed is back to shrinking its balance sheet all at the same time. Will there be enough capital to go around?
I am looking at companies with low debt. If nothing else they will have a huge advantage of being able to capitalize on opportunities that present themselves.
Last edited:
JHZR2
Staff member
Such as???
If we are lucky I see the market averages staying where they are and have been for the last two years for the next decade.
The key to me, will be individual companies that will beat those averages. Todays thoughts, defensive but not too defensive.
The key to me, will be individual companies that will beat those averages. Todays thoughts, defensive but not too defensive.
Zee09
$200 Site Donor 2023
My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.
He started giving me the details and I kept quiet... 18k shares at .04.....
He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy
He was going to buy me a $50 belt because he liked his.
He started giving me the details and I kept quiet... 18k shares at .04.....
He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy
What?My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.
He started giving me the details and I kept quiet... 18k shares at .04.....
He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy
Zee09
$200 Site Donor 2023
GOEV stock
He miscalculated
I got the part about him calling from the casino.....loud, confusing, smokey, easy to miss some zeroes........
Yeah but GOEV when did he buy at .04/share?
Canoo Inc. (GOEV) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Canoo Inc. (GOEV) stock quote, history, news and other vital information to help you with your stock trading and investing.
finance.yahoo.com
Zee09
$200 Site Donor 2023
He sold 18k shares at a 4 cent profit $720 he called me thinking it was $7200 instead. He was thrilled with himself until he figured out it wasn't the big windfall.I got the part about him calling from the casino.....loud, confusing, smokey, easy to miss some zeroes........
Yeah but GOEV when did he buy at .04/share?
Canoo Inc. (GOEV) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Canoo Inc. (GOEV) stock quote, history, news and other vital information to help you with your stock trading and investing.
Come on Pabby
Hah!He sold 18k shares at a 4 cent profit $720 he called me thinking it was $7200 instead. He was thrilled with himself until he figured out it wasn't the big windfall.
Come on Pabby
I thought he claimed he bought at .04 and sold at .58!!
I can claim your post was unclear. There is enough latitude for that.
What is going on with TSLA? Up another $8 so far today. 115% YTD.
This started after CEOs Farley and Barra expressed Tesla's superiority and their own EV development difficulties.
This started after CEOs Farley and Barra expressed Tesla's superiority and their own EV development difficulties.
I think a number of things. #1. Your observation above. #2. Likelihood of Tesla Superchargers becoming the standard now that Ford has embraced them. 3. With price drops and the tax credit, Model 3 and Y are price competitive with ICE vehicles. 4. The realization that Tesla is a tech company, not just a car company.
He could have scaled the new belt to a $5 one from Walmart.My buddy called me yesterday. Totally thrilled with himself. He made $7200 off of Canoo...
He was going to buy me a $50 belt because he liked his.
He started giving me the details and I kept quiet... 18k shares at .04.....
He called back an hour later sad.. lol
$720 not $7200.....
No belt for Jimmy
Zee09
$200 Site Donor 2023
Yeah he got real cheap all of a sudden...He could have scaled the new belt to a $5 one from Walmart.
Additionally:
- It must be AI. Whatever that is.
- Elon is the richest man is the world again. Poor guy.
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