*Investors Blog*

[Dave Hess]

Ahhh … the thing I fear is when does something hit bottom?

Your last paragraph can also apply to a CEO. Why blame a CEO for getting the most money possible?
I only say this because your position on CEO pay.
I don’t blame anyone for getting the most pay a company and it’s investors will pay

I like CEOs getting big money for doing a good job.

I don’t like seeing a CEO getting big money for destroying a company….. like Jeff Immelt at GE that made lots of terrible decisions and business acquisitions, then took zero responsibility for leaving the company in shambles.

 

[gfh77665]

I am convinced BA has a future. It will not go away.

I am not convinced it will make returns for shareholders.

Like Dennis Miller says, "thats just my opinion, I might be wrong!"

 

[cptbarkey]

Boeing would be nationalized and stock investors would be wiped out like Fannie/Freddie.

 

[ArrestMeRedZ]

Boeing would be nationalized and stock investors would be wiped out like Fannie/Freddie.

If you think business majors and accountants run it poorly, just wait until the government runs it. That will definitely be a "here, hold my beer" moment.

 

[alarmguy]

My brain says take the 10% profit on the GM I bought 7 days ago... but ... feeling greedy...

Meta im up 7% from a 3 months back maybe it will keep climbing? Dont know, think earnings aren't until 3rd week or so of Oct. Im holding this one based on my intuition. Gotta be the biggest direct advertising platform in the world now? Meaning they advertise to their subscribers based on their profiles and activity. Over 3 billion active users

My WMT is always a hold because it only goes up for the last 5 years overall.

I mean who has this kind of exposure? and the stock P/E isnt all that outrageously high.

 

[Dave Hess]

WMT and COST are good long term companies to hold.

 

[alarmguy]

WMT and COST are good long term companies to hold.

Yeah, well Dave I’m a little late to the game you know?
I wish you told me that in 1974 when a roughly $5000 investment in Walmart would bring me close to $80 million today
But whatever last thing I need is $80 million to worry about

 

[mjk1967]

Yeah, well Dave I’m a little late to the game you know?
I wish you told me that in 1974 when a roughly $5000 investment in Walmart would bring me close to $80 million today
But whatever last thing I need is $80 million to worry about

You could buy a 2 year contract on a quality QB ???

 

[gfh77665]

I get up early but wife sleeps in a bit. She comes down stairs around 10am and I say "happy FOMC day".

She shakes her head and says what the heck is that? She looks up and sees my TV on CNBC. Then she walks away mumbling something about "that dang stock market".

LOL

 

[mjk1967]

50 point cut

 

[alarmguy]

50 point cut

Yes sir!
GO META but most important where I had the most exposure GM... .up 10% now (before the close) since I bought it last week. I love to hate this stock, never goes far but reliable to play the ups and downs.

Though, the rate cut to me doesnt mean much, market will go where it wants. If it goes down they will use the excuse that the Fed must be concerned more than they thought about the direction of the economy
However short term it may matter for my GM.

 

[cptbarkey]

My grocery 5% cash back grocery rewards might take a small hit but still cant beat Central Market hummus

 

[JeffKeryk]

50 point cut

Yes sir!
GO META but most important where I had the most exposure GM... .up 10% now (before the close) since I bought it last week. I love to hate this stock, never goes far but reliable to play the ups and downs.

Though, the rate cut to me doesnt mean much, market will go where it wants. If it goes down they will use the excuse that the Fed must be concerned more than they thought about the direction of the economy
However short term it may matter for my GM.

The rate cut was already baked in. The important thing is the economic soft landing.

 

[MBBW]

It hasn't been a little over a year since a string of US regional bank failure and heavyweight Credit Suisse collapse. There are many reasons for this but one of the main ones is exposure to CRE. We can expect more of these bank failures in the near future, which is one of the main reasons the Fed is needing to cut rates, unfortunately.

Ahh, the sound of another bank bailout.

 

[alarmguy]

The rate cut was already baked in. The important thing is the economic soft landing.

It was in the oven, but until the timer goes off we don’t know if it’s fully cooked.
Too little and the cake flattens, too much and the cake burns, come out as expected and it should be ok but always isn’t because an ingredient was left out.

More or less if the rate cut was less than expected the market could have read that as a positive or negative. Positive the fed thinks inflation is well controlled, negative the markets will think inflation will tick up

If the rate cut was higher than expected possible panic the Fed thinks the economy is sinking faster than expected = hard landing possible

Comes in as expected = neutral good and bad forces tug at each other, some concern with a half point cut it’s too much and Fed might be concerned or relief and jubilation.

Anyway I agree they were counting on the half point cut. This news in only good short term. I’m mostly a believer in the news reported is to fit what the market is doing.
Because there are always those three things I just mentioned that can be an excuse for whatever the market does in a short period of time.

8:45 EST market close yesterday was sloppy for sure. Premarket today not very impressive but! Go Meta! I doubt it will hold up but pre market up 2.4% I’m feeling good about this stock not that it means anything. GM is looking ok. WMT is always ok.

Have a great day! By the time you wake up on the west coast I’ll be on my way for my 4th (fourth!) prostrate biopsy in 7 years searching for cancer that may or may not exist. The past 3 biopsies were all negative. I’m a bit concerned about this time … not sure why … just sucks.

 

[SC Maintenance]

The market clearly believes the reflation trade is back on. Stocks up and bonds down. For now anyway.

Terminal rate went from 2.8 to 2.9 on the fed dots. Market believes it’s closer to 3.5.

Obviously, the markets are not completely what the fed cares about, but my guess is they clearly did not want this

 

[MBBW]

The market clearly believes the reflation trade is back on. Stocks up and bonds down. For now anyway.

Terminal rate went from 2.8 to 2.9 on the fed dots. Market believes it’s closer to 3.5.

Obviously, the markets are not completely what the fed cares about, but my guess is they clearly did not want this

No reason to think otherwise with $7 trillion+ still on the Fed balance sheet and cutting the most since probably the GFC despite market being near ATH. 50bp was definitely unexpected according to the CMEFedWatch tool. Reflation trade never ended, just reflating/inflating more bubbles.

 

[mjk1967]

I like CEOs getting big money for doing a good job.

I don’t like seeing a CEO getting big money for destroying a company….. like Jeff Immelt at GE that made lots of terrible decisions and business acquisitions, then took zero responsibility for leaving the company in shambles.

Immelt was a disaster.
My uncle worked for GE Medical, when he headed that division.

 

[mjk1967]

Cathie Wood believes Bitcoin could hit 1 million by 2030.

Shaking my head....

 

[Dave Hess]

Cathie Wood believes Bitcoin could hit 1 million by 2030.

Shaking my head....

What about $250K …. ?