Hey I tried but failed . Maybe next week
*Investors Blog*
- Thread starter Warstud
- Start date
When I said “crazy run up”……. I meant since the Covid low, not the past 1 year.
A lot of investors here are making out good in this "scam economy".
What do ya think?
More going on with the numbers than meets the eye.
https://www.businessinsider.com/rec...-market-unemployment-soft-landing-citi-2024-2
Soft landing or fragile equilibrium?
https://www.businessinsider.com/rec...est-rates-cuts-soft-landing-us-economy-2024-2
More going on with the numbers than meets the eye.
https://www.businessinsider.com/rec...-market-unemployment-soft-landing-citi-2024-2
Soft landing or fragile equilibrium?
https://www.businessinsider.com/rec...est-rates-cuts-soft-landing-us-economy-2024-2
Most reputable economists never called for a soft landing. We never landed, because M2 was still abnormally high from all the money printing. Inflation is a monetary phenomenon. The only ones calling it any type of landing were Wall Street traders.
Of course no landing is also a possibility. This is worse - it means run away inflation for a long time aka the 1970's. Were already back up to 4%.
The rest of the world is on fire. China is in freefall. Much of Europe is in recession or close, as is Japan. I don't see how the rest of the world can be in tatters and the US stays isolated. I suppose stranger things have happened.
Nonetheless a "recssion" is just a technical term. Slowing or no growth, recession or not, tends to seize up the economy either way. Were clearly slowing - in real terms when adjusted for inflation. So call it whatever you want I guess.
The coming week in WMT will be interesting to watch. Earnings on Tuesday then stock split to follow all in the same week.
I have no expectations from this monster company that I hold too much of except I hope the stock doesn’t go down significantly. Staying the same price or an uptick is fine.
No expectations of any significant jump, just hope it stays stable and no loss.
No matter what long term will be fine but it’s fun to watch your stock go up and not down
I have no expectations from this monster company that I hold too much of except I hope the stock doesn’t go down significantly. Staying the same price or an uptick is fine.
No expectations of any significant jump, just hope it stays stable and no loss.
No matter what long term will be fine but it’s fun to watch your stock go up and not down
Having experienced both, watching it go down is no fun.The coming week in WMT will be interesting to watch. Earnings on Tuesday then stock split to follow all in the same week.
I have no expectations from this monster company that I hold too much of except I hope the stock doesn’t go down significantly. Staying the same price or an uptick is fine.
No expectations of any significant jump, just hope it stays stable and no loss.
No matter what long term will be fine but it’s fun to watch your stock go up and not down
Yes I am sure we have all shared those experiences.
Maersk shipping and logistics giant said the global economy slowing.
Companies like FedEx, UPS, DHL said global airfreight slowing. All these companies wanting pilots to retire early cause they don’t need as many pilots.
Trucking industry says less freight and lower demand. Long haul truckers crisscrossing the USA say freight is down, so are rates causing many bankruptcies in trucking industry. I subscribe to some independent owner - operator long haul truckers on YouTube and all of them are commenting on slower economy. Truckers see every region and every industry throughout the USA.
When long haul truckers say the economy is slowing…… 100% guaranteed USA is headed for a recession.
What do CB talking, gear shifting, jake braking truckers know about the economy that the MBAs from degree mills like Princeton, Harvard, Yale, Duke, Georgetown, Carnegie, Stanford, Columbia, Wharton don’t know….?????
They don’t teach this stuff at fancy universities….. long haul truckers at Flying J talk about it and our economy.
Copper demand used for manufacturing is down.
Cardboard box demand is down.
It’s unrealistic for people on Wall Street to be blind to the approaching recession.
400 PhD economists working for Gov says everything is OK.
Off Topic:
Late 2019 here on BITOG there was someone that I warned about the slowing economy and what the long haul truckers were saying. Warren Buffett had $130B cash on the sidelines and nightly Fed bank repos grew exponentially to over $100B nightly Fed bank repos in early 2020. Covid put the Fed repos out of the financial news spotlight.
Hopefully the guy took my advice and took profits back then.
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Natural cycle.
I'm not going to post again what I have 5+ times about jacking rates and trying to control inflation.
Does it work? NO NOT DIRECTLY.
I'm not going to post again what I have 5+ times about jacking rates and trying to control inflation.
Does it work? NO NOT DIRECTLY.
JHZR2
Staff member
But read the articles, especially the first one. People continue to spend. Pull from savings to spend. Delinquencies on the rise.The coming week in WMT will be interesting to watch. Earnings on Tuesday then stock split to follow all in the same week.
I have no expectations from this monster company that I hold too much of except I hope the stock doesn’t go down significantly. Staying the same price or an uptick is fine.
No expectations of any significant jump, just hope it stays stable and no loss.
No matter what long term will be fine but it’s fun to watch your stock go up and not down
The recent earnings won’t show that… yet. And when it does it’s too late.
No, this isnt correct for WMT mostly. Let me say that another way, We all choose investments based on our own logic.
As far as the media and the news, I ignore it, the news is generated to fit what the market is doing so they can attract readers. YET, this news is why I am big on this company.
I play WMT (Walmart) as a defensive stock. Im at a time in my life that I speculate with my own logic of defense so far I have been right, doesnt mean I will in 5 years or less.
Anyway, to me, its never too late for WMT. Why? Because when things go south, people flock to Walmart to save money. It's been watched and proven more lately because of Covid but even some minor downturns middle and upper middle class people flocking back to Walmart stores for cost savings.
For me, that worked out great. I purchased it about a year before Covid. Once covid hit that stock took off and never returned to the $90 range.
So the economy goes south in the future, might earnings be affected? Maybe yes, maybe no because if there is one retail store people flock to in hard times, it's Walmart.
Now with that said, I do think, and its a little against my strategy as WMT P/E ratio is on the high side, but I dont fight the market AND think investment houses will and do base their investments on what took place in the Covid downturn.
We will see. I know one thing, for me, personally, it's a great company. But no one on earth knows the future of anything. I am REALLY in big with this company now. I was before and while others were making fast large profits, my stodgy WMT just relentlessly increased 90% in share price since 2019 and didnt break a sweat even during and after covid when they had supply issues.
Some people made short term killing on Target, believe me, I thought to myself "another one got away" but it made no sense to me and to this day Target is now $100 a share off its high of just two years ago.
Look what happen during 2020 (just to be clear, we all have our investment objectives, this one is working for me though takes guts at times I do feel if WMT ever gets slammed it will recover but this is my spec account and can handle the loss but will sting really bad*LOL*)
I know this goes for any good company bought at the IPO. No different than Walmart. IN 1970 IPO if you bought $1000 worth, Todays value is around $20,000,000.00 (20 million) for each $1000 invested back then. But that isnt happening with this company anymore.
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JHZR2
Staff member
That’s fair, low cost goods, liquor, etc supposedly does better in hard times. But for every target and Costco shopper that had to downgrade to wmt, there are two wmt shoppers who are buying substantially less. That gets hidden with their grocery stores and whatnot that have been added in many markets.
Defensive stocks aren’t a guarantee of loss. They’re more of a way to lose less and reinvest the dividend to get some compounding while at it… imo.
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Ps, Walmart in talks to purchase Vizio, they seem to have their reason with the streaming on the sets or something like that. Doesnt interest me other than trust what they do. Vizio looks cheap for a company like WMT cost is 2 billion. They also have slated to remodel almost all stores in all 50 states and open 150 new ones over the next 5 years. Significant performance raises like unreal for store managers and employee raises.
Ok, over and out before I say any more, only to watch the stock get trashed this week and I go home crying
Ok, over and out before I say any more, only to watch the stock get trashed this week and I go home crying
Not sure I can agree; it's all part of investing. I am looking to buy another property; down would be good but it ain't happening around here.
When your a buyer, yes down is good. Mr @alarmguy was referring to a stock he already owned.
This is one of the long haul big rig truckers crisscrossing the USA that I follow.
Old video of him hauling 45,000 pounds of copper from Arizona to St Louis.
Watch the first 2 minutes of video. Copper is a bellwether for manufacturing here in the USA.
Old video of him hauling 45,000 pounds of copper from Arizona to St Louis.
Watch the first 2 minutes of video. Copper is a bellwether for manufacturing here in the USA.
Understood. My point is, investing is speculation; there will be ups and downs. If you want the ups, you have to accept the downs.
It's all part of the game.
I believe @alarmguy was referring to defensive investing; I own a double tax free CA Muni Bond Fund for this. I don't particularly like it, but it satisfies a need in my portfolio.
No, there quite different by definition. You can do both, at the same time.
