Quoted from Zablon:

This is the story of most of my tech stocks. Crazy how fast everything dropped. To the point I'd rather watch them go bankrupt than take the loss.

Quoted from loneacer:

I traded for the first time when I was fresh out of college in 1999, so I've been through the Dot com bubble. This is very similar to the action in 2000 for tech stocks. Problem is a lot of the stocks that don't make money, that are already 80%+ off their highs, are still wildly overvalued. The UI / metaverse plays look like they're still 10 years from being profitable if they survive that long. I own a few, like U and PATH, and don't have a clue how they make money or frankly what some of them even do. Thankfully I only own them 10-20% above their current levels, not 5x where they are now like their highs were.

Quoted from loneacer:

I recommended Exxon back in 2019 I think and took some heat for it here. I bought it all the way down from 70 to 30. My mistake was selling it around 65 on the way back up, but that was pre-war. Couldn’t have predicted that spike.

Quoted from kvan99:

Meta (+19%) and Paypal (+12%) have been Frankensteined back to life. It's either feast or famine with these two.
Bottom fished today...picked up ARKK and RBLX, I just couldn't help myself, it's just for a trade.

Quoted from kvan99:

Damn, AMZN down 10%....weird, I think the market is misinterpreting the earnings, they lost $3.8 billion, but they took a hit due to the ownership of Rivian stock, which is down $7.6 billion, that's with higher labor and supply chain issues. Most of the revenue is now coming from AWS and that growth was stellar, up 36% yoy. I'm confused.

Quoted from rai:

This is the lowest PE for Amazon ever, it was 80 during the Covid crash and PE 240 five years ago. Margins aren’t comparable to MSFT or Apple because of the super low margin on retail sales. I think AWS is a world unto itself. AWS alone would probably be a trillion dollar company.

Quoted from ZenTron:

Picked up a share of AMZN under $2500 today, it may go down more but I'm content and plan to keep it at least a year.

Quoted from rai:

That's crazy, Amazon is a technology company, they are designing CPU chips for crying out loud, AWS accounts for 62% of the companies profits.

Quoted from Kneissl:

Anyone know some safe-ish places to put money that aren’t loser deals with inflation as it is?
This seems like a decent spot, 10k limit but it’s something that’s at least somewhere around inflation
https://treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds.htm

Quoted from kvan99:

Yes, however, if you zoom out, they spent a lot of money during the pandemic, they invested heavily in warehousing and manpower to meet demand. Amazon warehouses are very expensive...full of robots and wired to the gills. Not to mention supply chain issues and high labor costs, but they still managed to put up some good numbers. I think they've obviously used this quarter to temper or reset future expectations. CEO said that for the first time they will turn focus to costs (I know, crazy to hear that) instead of other metrics. Translation = they will be laying ppl off after Prime Day (just my guess).
From WAPO:
CEO Andy Jassy referred to the war and the pandemic as bringing “unusual growth and challenges” in a statement. He also said the company, which has been expanding its warehouses significantly in the past two years, will now focus on boosting productivity and “cost efficiencies.”
Amazon executives said the company expanded its warehouses and workers there so much that they now have too much space and are overstaffed, something the company will work to straighten out. CFO Brian Olsavsky said on a call with media that the company had to make decisions about warehouse space more than a year in advance and wouldn’t necessarily change what it did.
Still, as online pandemic shopping growth is waning, the company has ended up with too much. OIsavsky insisted demand “remains strong” and customer numbers look good.

Quoted from Zablon:

The thing is Amazon is in a better place than most other retailers simply due to their size and use case. People still continue to flock to Amazon. Sure they saw tons of growth the last 2 years like every one else, but like everyone else they will see the downsizing after as well..but they are still in one of the best positions comparatively (in that area).

Quoted from kvan99:

Yeah, also I don't think the cloud business is even taken into consideration in terms of overall value. Let's see what the split does for the stock.

Quoted from KornFreak28:

When is that coming?

Quoted from Ericpinballfan:

What I can't find is the registration date.
Ie, the last day to buy in to get split.
So. Is that June 3rd?
THANKS for the help.

Quoted from KornFreak28:

I also need info on this. Want to buy Amazon but not sure if it’s even beneficial to wait until the split?
What registration date? Do you need to register in order to buy in on the split?

Quoted from Beechwood:

I bought Alphabet knowing the 20-1 split is happening in July. Price was low, they have great cash flow, and splits historically outperform the S&P by 16% one year after split.

Quoted from rai:

I live right near Disney World and the parks are always packed as far as I can see.

Quoted from Ericpinballfan:

Everything is on SALE!
Buying opportunities abound.

Quoted from jackd104:

What would you invest in the present market?

Quoted from DropGems:

Markets def broken but we’re rallying tomm off any good cpi data. Bet.

Quoted from KornFreak28:

Big bounce right now! Are we done going lower? What do you guys think?

Quoted from KornFreak28:

Is the sell off finally over?

Quoted from usandthem:

Inflation continues to soar, people's spending habits haven't changed, and nobody seems to be scared. That all adds up to the fact the Fed hasn't tightened nearly enough yet.

Quoted from Methos:

In other words, much of it is self inflicted and will lead to a loss decade as pundits are now calling it.

Quoted from usandthem:

I’m shocked that this government overreach ended up creating a bigger problem than it solved. Giving those in need sustenance is one thing. Everyone knew that it was excessive on one hand, but we enjoyed the sugar high at the time. To me the most egregious policy that wasn’t handouts to businesses was the $300/week extra from the feds for unemployment even if your normal unemployment was a tiny fraction of that.

Quoted from usandthem:

When socialism is constantly bailing out capitalism, you never really had capitalism to begin with.

Quoted from WeirPinball:

Listened to earnings from Walmart, Lowes and Home Depot - strong consumer spending, but they are eating some of the increased costs for supply and shipping so hurting earnings. We think inflation is at x% but it is really more based on this info. Not good.

Quoted from kvan99:

The chit-chat on different forums about being oversold has started.....Tech is trending higher, RBLX, AMZN, ARKK, AMD, MSFT all up....need to see the inflation to trend lower for it to hold. If it doesn't the bear trap continues.

Quoted from WeirPinball:

Be careful with Cramer - as much as he thinks he is right, he is usually wrong. Bottom line is we have never been here with so much govt debt and huge balance sheet and super high inflation. As one that lost about 85% during the dot com bust, tread carefully

Quoted from DropGems:

I’m with you. Mild recession, bouncy 8-12 months. Nothing catastrophic. Another 10% down worst case.

Quoted from WeirPinball:

Nice rally today - too bad I don't trust the upside yet.

Quoted from loneacer:

I think a lot of the juice has been squeezed from the energy trade. I prefer to buy the big ones when the dividend yield is north of 5%. Take Chevron for example. It's historical low dividend yield was like 2.4% and it's barely 3% now. Their all time high stock price was about $135 until February this year. Now it's $178. It has gone parabolical this year. It might go higher still. It probably will. But it will return to its historical range soon enough. Maybe a year or two from now. It takes a long time for the energy market to go from oversupplied to undersupplied and vice versa, but it always happens.

Quoted from kvan99:

Schizo market....confusing me, all technical sign indicate this rally is real, good volume, all segment participation yet the Fed hasn't done or said anything that might invite this positive turn, inflation hasn't cracked yet, we're still in QT, gas prices are still elevated. The only thing I can think of is that the street knows something we don't...perhaps info regarding Fed action or inflation data, otherwise it doesn't make sense to rally.

Quoted from WeirPinball:

crypto has loosely become a leading indicator for the market and is still taking a beating, so imagine the downside isn't over yet.

Quoted from kvan99:

Those are the best plays right now, I'd add REITs to that list also. I have to tell you though the action is telling us we're near the bottom. I bought some tech, {Alphabet and Uber} because that signal.

Quoted from rai:

I had heard oil stocks were dead, Cramer called oil companies the new Tobacco.
https://www.cnbc.com/amp/2020/01/31/cramer-sees-oil-stocks-in-the-death-knell-phase-says-new-tobacco.html
I thought it was crazy how Saudi Aramco was valued as high as it is but it’s gigantic.
I’m glad have someone Exxon but didn’t buy as much as I should have. But it does go to show you that it pays to buy stocks that are out of favor.

Quoted from WeirPinball:

Funny to watch Tom Lee these days - broken record - we think stocks are attractive at this point and we should have a market rally before the end of the year. And usually the next day Nasdaq down 2.5%. Never changes his tune. Same with Jim Cramer. I guess eventually they will be right, and then they called the reversal right?

Quoted from WeirPinball:

Looks like we are starting another leg down

Quoted from usandthem:

The Fed was quick to jump in and protect the stock market during the pandemic. But they've been very slow to protect the American consumer from runaway inflation. It now seems clear that they're moving way too slow in raising interest rates.

Quoted from usandthem:

Yes. The main concept of being a market prognosticator or forecaster is to predict events BEFORE they happen. Cramer is an expert at telling you "I told you so" when he never really did tell us anything.

Quoted from Zablon:

While I realize that's his job, I guarantee you that man is not doing it alone. He'd blow his brains out with that much workload and stress to make timelines when it's on a TV show. It's an opinion show no different than if you went to a fortune teller. He's paid whether he is right or wrong. This idea that someone on TV knows what they are talking about is the reason for all the media backlash. People thinking the opinion shows are somehow actual news. They are there for advertising dollars, that's it.
Meanwhile, is anyone actually surprised by any of this? Plenty of smart people said this was coming, said it would do just what it did. I think many people are hanging onto the last 2 years upward trends. Nothing major has really changed in any meaningful (positive) way since the dump earlier this year. Until that happens, I don't see much upward unless you are great at picking specific stocks.

Quoted from PiperPinball:

They are all full of shit. Wall Street is one big legal Ponzi scam. (right behind SS). Its not investing, its trading. Buy, hold and pray.
Anyway, I pulled all my money out of stocks 2 years ago and bought commercial real-estate all with good debt.
Get out now while you can. Its going to get worse this year.
And read or listen to: 'Rich Dad Poor Dad' > Unfair Advantage (all his books are great!)

Quoted from Reality_Studio:

The beauty with real estate is that even in a correcting market you can still make money in a myriad of ways including rent, Airbnb, endless deductions, etc...

Quoted from WeirPinball:

Vix is up to 32

Quoted from DCFAN:

Also, with Real Estate you always have the real estate taxes and upkeep.

Quoted from kvan99:

Well, the recent gloomy CFO poll puts the odds of recession better than 50/50. I guess the hope of a soft landing is now fading. If they're right we're in for more pain for at least the next 12 months. Inflation needs to brought down and Ukraine war needs to wind down...I won't be looking for any progress till those 2 things happen.
PS: Watch the headlines for early signs, layoffs and consumer spending cutbacks

Quoted from SantaEatsCheese:

Well... in the government contracting world there is a severe shortage of qualified workers. There was a huge wave of retirements at the start of COVID, and to compound to that the shift to remote work has led people to leave this industry in droves. I have six figure positions that I can't fill.

Quoted from SantaEatsCheese:

Well... in the government contracting world there is a severe shortage of qualified workers. There was a huge wave of retirements at the start of COVID, and to compound to that the shift to remote work has led people to leave this industry in droves. I have six figure positions that I can't fill.

Quoted from Yoko2una:

Call me a pussy. I ain't going back to the office unless it's contingent on my continued employment AND they offset all those savings in life I have right now (some of which I value more than my equivalent "hourly rate" would suggest). My metrics have improved too, and they gave shit raises this year. If they try to get us "pussies" back, they won't know what hit them (morale killer, departures, demands...etc.). WFH has helped some companies thrive during these times and they haven't had to spend anything extra, and all we ask is that we perform better from our home office.

Quoted from PiperPinball:

The 2 are very different.
You don't get depreciation or amortization or interest deductions from dividend stocks or any paper assets. Only in real-estate.
Plus the key word is 'Cash Flow' >passive income. And its taxed lower than paper assets like stocks.
Ready or listen to: amazon.com link »

Quoted from PanzerFreak:

I hear ya but a ton of big companies, IT related included, are now bringing workers back to the office with a hybrid work approach.

Quoted from loneacer:

The market will be disappointed with anything less than a 0.75 rate hike tomorrow. The economy is a long way from bottoming, but keep in mind that the stock market bottoms well before the economy and tech/growth normally bounces first. I think the bottom comes before the end of the summer.

Quoted from nwpinball:

I bought more yesterday, blue chips and oil, I'm still shying away from tech. I plan on buying every 2 weeks as I always have, but I'm not ready to jump back into tech, I think it has more to fall. I'm not great at trying to time the market, but will shift back into buying tech at some point soon.

Quoted from BMore-Pinball:

my guess is November

Quoted from desertT1:

Fed raising rates 0.75%. Is that about what was expected? Curious if this makes the dip take a pause, reverses the last few days, or turns this Green Day red.

Quoted from usandthem:

Even as a 48 year old, this is the first time that I've ever lived through this escalation of inflation as an adult. What I don't understand is even if the interest-rate hikes were able to reign in inflation tomorrow, hasn't the damage already been done and won't we feel the effects for years to come? Inflation has been at a near 9% clip for a few quarters now. But we know that the prices of many things have gone up by a lot more. Even when they do successfully temper inflation, that just slows the rate of growth of prices. It won't actually bring them down, right? Unless everyone got an inflation adjusted raise (yeah right), won't the rapid rise in the inflation rate impact the spending power of Americans for a long time?

Quoted from Elvishasleft:

May want to copy this... you are going to be saying it often.

Quoted from Elvishasleft:

Damn.. some of you guys are seriously optimistic people.
I can't find any news anywhere that leads me to believe the market is done swan diving. Seems to be just starting up really.
If you can I would be interested to hear it.
I don't even know how valid historical data is in this case since we have never had the sheer number of issues at the same time as we have now.

Quoted from loneacer:

Rally is expected to continue next week, pushing the S&P to 4000.

Quoted from WeirPinball:

Crypto is signaling a lower open today

Quoted from BMore-Pinball:

down around 75% off it's high .... hasn't it already crashed?

Quoted from PinStalker:

Yeah, take that sucker under 3k again.
I think 1K would be very good for it. When everyone says "I'll never use/buy it again" (and they mean it), then it will be fairly priced.

Quoted from BMore-Pinball:

I expect it go go lower, probably below $10k, but I still consider 75% a crash
Glad I sold at 30k wish I sold at 60k

Quoted from Zablon:

I've been watching split stocks trying to determine when is a good time to get in...and so far..nothing looks good...nothing....nothing....
You would think there'd be something that makes bank during these things...like liquor, drugs, pharma, check cashing places/pay day loans, guns, home security, cybersecurity. Just not seeing it. Even energy is taking a dump. Maybe I should look into mega yachts. That business seems to be booming.

Quoted from WeirPinball:

Gold opened Jan 4th at $1811 now at $1804, not holding up to inflation yet, but I'll take it over most investments right now

Quoted from Elvishasleft:

The problem here is that we are in a recession but no one has been willing to call it yet so news is still up and down.
Plus todays market doesn't have much relation to the earlier ones since the fed has pretty much propped this up on its shoulders since 2008.
When the spinning plate show stops and everyone finally has to admit we are there in full blown recession the real drop will start.
People can "buy the dip" all they want but from what I know the real drop hasn't even started yet.
The fed had been dicking around with the market since 2008... their taps are finally off. Good luck.

Quoted from mattosborn:

If you bought gold pre-pandemic, you've made at least 20%. I guess that's not terribly exciting for some people, but it's also far from "dead".

Quoted from Elvishasleft:

It matters for perception...
all the news is "are we heading into recession or not" blah blah which causes some of the up and down and is keeping it propped up a bit.
When the news turns to "guess what? we are in a recession" watch out.

Quoted from WeirPinball:

I think what effects the mentality of "having money to blow" (decline of investment portfolios/crypto) is definitely starting to hit retail spending. Just look at how much the NIB hype has cooled off in the market place.

Quoted from iceman44:

Well Energy is now 5% of the S&P and 9% of the earnings value.
Cheap valuations, high dividends, massive FCF, and clarity of what earnings will be, like auto and home insurance, prescriptions, etc.
Oil was over $100 per barrel from 2010-2014. After 10 years of underinvestment around the world we now have a structural supply issue that isn’t going away anytime soon.
Take advantage of it. JP Morgan and others “pounding the table” on Energy
Love me some Apple and Microsoft too. Don’t need to own all 500 stocks of the S&P which is down 20% ytd, while the Aggregate Bond index is down over 10% ytd. Guaranteed loser. Wow.
There is a point on that declining inflation curve that intersects with Fed future rate hikes where policy will reverse and so will growth stocks. That’s the trick, when?

Quoted from loneacer:

Nowhere? A lot of my watchlist is up 10% off the days lows. Not sure why, but growth tech surged.

Quoted from kvan99:

Hmm...yeah, it sure looked like a pivot to me too...but let's see, we still have a lot of bad stuff in the pipe. I say get ready to jump into big tech soon.

Quoted from kvan99:

Yeah, I noticed the option activity, they're bullish. I'm not ready to jump back in yet. I think the earning's reset and a housing deflation will take us down another couple of pegs.

Quoted from WeirPinball:

Another high inflation number - hoping we retrace the lows at least if not a bit more. Getting anxious to put some money to work.

Quoted from Zablon:

https://www.yahoo.com/finance/news/broken-global-economy-jacking-prices-093000424.html
A somewhat different(?) perspective of where we are, how we got here, and why.

Quoted from BRONX:

kool1
What stocks are on your watch list???
I'm on the sidelines aswell
Not a good thing when, the market is down 600 points at 10am and by lunch it's up 60 and by 4pm it close down 200.....
Or up 300 on Monday, down 600 on Tuesday up 630 on Wednesday, down 330 on thursday up 237 on Friday. To me market is unstable, no one has a clue how to value, going forward risk a big question mark???? Could get real ugly, good earnings could give things a bump, but future is unstable and by Sept and October is anyone's guess?

Quoted from ticktockman:

Bought some UNH. It’s 10-year chart exceeds any of the mega-tech companies. Both a defensive play for a possible recession and an offensive one. Really can’t go wrong.

Quoted from BRONX:

Anyone familiar with I.B.M???
I abandoned big blue about 10yrs ago? Dosent seem they did much?
Any hope?
Still a dow jones30 component, but there market cap now makes them a lower tier in the down compared to 10yrs ago when they were one of the higher market capped corporations....
Buffet dumped them aswell...... anyone holding I.b.m or thinking of buying???

Quoted from SantaEatsCheese:

Just bought 103 shares of Peleton at 8.86. It's down 90% since I bought (1) share around Halloween. I'm in it $1,000 now. Peleton can't go down forever can it... can it?

Quoted from kvan99:

Yes, easy credit has led to a distortion of money. Younger folks just put it on the card..as if it's magic. I'm not sure of there is a course in school about saving and debt, and general personal finances anymore. But a few years back I remember reading about banks and credit card companies targeting college students... Looks like it actually worked. I've been accused of being too much of a saver many a times but I believe living below your means is the easiest way to financial freedom. I don't want to wake at 70 and realize oh shit, I'm out of money.

Quoted from BRONX:

With everything that's been going on lately I'm shocked the gold has been pretty dead? I don't even hear a peep from any pinsider lately talking about gold? Weird

Quoted from nwpinball:

Gold has never been a good investment compared to stocks and this is a stocks thread. Gold bugs, hoarders, and dudes wishing for the apocalypse want to have a gotcha moment on the rest of us on gold, but it's always short lived.

Quoted from Deaconblooze:

Is this a failure on a generation of students, or the generation that established their learning curriculum? Personal finance should be taught in high school. Kids should know about compounding interest, and how it can work for you or against you. Higher education in its current form is bullshit for most degrees. I have a BBA, and I've learned as much or more in targeted minimal fee/free courses than I did listening to a blowhard professor ramble for an hour before retreating to his office. Most students are hyper-focused on grades at the expense of learning - that piece of paper works as a gatekeeper for lazy and out of touch employers, so without it you're screwed.

Quoted from nwpinball:

It really just out-performed the SP500 from 2008 to 2014, as well as before 1996. But in the modern era of investing, it's not been the way to make money, it's been the way to store money. It makes sense if you are a multimillionaire to store some of your money in gold, but it doesn't make sense for the average investor, who statistically will do better in the Market.
https://www.longtermtrends.net/stocks-vs-gold-comparison/

Quoted from kvan99:

Let's talk earnings...So easy guess Oil/energy co are going to kill it. A little late with this news but banks are going to kill it too, so will investment brokers. The other sector maybe big tech, I think the earnings are going to come in bad this quarter. The only sector that's shaky is maybe Fintech, ie: Paypal (my luck). The chip makers have already reported good numbers. Automakers may look a little weak due to supply issues. Airlines are going to be at least good for one more quarter, oil is down and planes are full, so with that logic so should go the hotels and casinos (I'm guessing). Industrials as with oil should be pretty darn good too. By the way, I'm trading this bounce, I decided that yesterday, when the market turned on a dime. I think once the earnings are over the market will be looking to sell off again. Sorry to be a negative Nancy but 2 more rate hikes are baked in...I doubt we will rally for real till they're on the books.

Quoted from SantaEatsCheese:

Peleton is up 10% today... Dumb luck, but I'll take it!

Quoted from Deaconblooze:

Seems like a nice bump offering an opportunity to buy some puts.

Quoted from nwpinball:

Amazon is now up over 7% since the split.

Quoted from WeirPinball:

Thinking about taking a wild shot at shorting NVIDIA. They have slashed current GPUs with a glut of 3000 series available, and they way overbought 4000 series chips based on crypto mining demand. Starting to think they will disappoint on earnings, just not sure when.

Quoted from kvan99:

Well the jig is up... Walmart just killed the rally.

Quoted from PinStalker:

I think part of what people are not taking into consideration is this is right before a major election. They are going to do everything they can to goose it.
Can they pull it off? Or will it fall apart because they can't do anything right? Can the global economy stay quiet that long?
Either way, it falls apart before the election or right after it.... as they'll have no reason to deceive after that point.
Kiss 2023 (at least) goodbye. Recovery sometime in 2024 or later (IMO). I think the down will be fast, hot and heavy: probably lasting a year or longer.
The lows following 2008 have to be retested. Highs are retested, lows are retested, it's just how everything works. We got out of post 2008 with Fed Crack, it was unnatural. Therefore we have to go back and finish the job. It will undo an entire generation, but it will happen.
Cramer will be screaming about "Getting back to even" all over again.
The true buying opportunity of our lifetime is coming, if you manage to have dry powder during it. Credit will be non-existent for the average joe, so almost all will not be able to participate and end up poorer than they ever could imagine. A heartbreaking time for most, and a dream come true for others.
Say hello to insane taxes afterward no matter what. Public assistance will be off the charts.

Quoted from PinStalker:

But politics create financial environments which affect global markets: Japan's printing and the associated "lost decade" (which is still going on) completely ended growth for that country. Greece & Italy's policies and what that has done to the Euro as a whole. Everything begins with political policies and agendas.
The USA is (for the moment) still the bedrock currency for the world, and so many countries are pegged to it in one way or another: politics here do sway the world. Maybe that will be different in a few years as others are rightfully tired of the nonsense (I am, and I live here..... LOL!!!). As the credit market runs out of steam here, the world will wither.... until someone else backstops all credit for the world.
Personally, I'm of the opinion (and have been for two+ decades) that the need for a serious deflationary cycle is both natural and necessary. The economy is unhealthy now because this has not been allowed to happen, or when a downturn starts it's not allow to complete. Every boom should come out of the ashes of a bust, and a bust should follow every boom..... not an endless boom and expansion. Expansion are not real when fueled by credit. Credit must be destroyed in a regular cycle to be healthy, otherwise currency itself is destroyed as an alternative..... which we have already seeing for decades. It needs to end, and one way or another it will. It will be allowed to get healthy thru pruning, or it will become so sickly that trust from participants ends.
Money is worth less than one third of what it was when I was a kid. In ten years it will be worth a tenth (or less) vs when I was a kid. That is untenable. Deflation must come around to restore value and create scarcity in currency. Mass failures are what keep a financial system healthy.
Price discovery always arrives with deflation, and that's what market participants are scared of most.

Quoted from WeirPinball:

What is the pop for today - that the fed didn't go higher than 75 basis points?

Quoted from Elvishasleft:

Well here is the thing... no one lives in reality anymore especially media.
CNN has been saying for weeks that two periods of down GDP are a recession.
Then it happens and instead of calling it they say "are we in a recession?"
Its a joke... we are and have been in recession despite their fake jobs numbers and they need to stop the bullshit and deal with it.
Nothing has a proper definition anymore and all data is suspect so what do you do?

Quoted from Zablon:Good luck to any average person knowing what is true or not. No one has time to deep dive research and cross reference everything happening day to day when there's always someone yelling "that's fake/biased" regardless of where it came from.

Quoted from Ericpinballfan:

ust curious if some will chime in please.
I own mostly individual stocks.
How many individual stocks do you own?
I average about 75-90. Even on down days I can be up overall. I feel like sometimes I have my own index fund I'm spread out over most every sector.

Quoted from Zablon:

I thought I wrote this in my last post...
I keep seeing people saying employment is strong, but the layoffs are just beginning. Tech is/was first, but it is spreading. I still think what we are seeing is a natural rubberband effect. It is clear that things are not 'back to normal' in in supply lines, although better, and people are STILL complaining they can't find workers. It's a weird time.
As for prices, around here we see the increases, but the biggest increases seems to be around prepared food. In grocery stores and restaurants. The shelf stocked items they have been shrinking the portions as they normally do to counter price increases.

Quoted from iceman44:

There’s fantasy land virtue signaling and then there is straight up reality.
Look at Europe and their dependence on Russia. They get it now. The reality part.
The funny thing, it’s Exxon, Chevron, BP and others that are leading the way to the future in “renewables”. Hydrogen, carbon capture etc.
It will take decades and they have begun with billions of investment.
The government? If it was so good and effective why do they need to “incentivize” these poor money losing investments.
Leave to Tesla, Ford, GM etc and the Energy companies and get out of the way.
What do you think would happen if everyone drove an EV today? How is the electricity gonna get powered? Fantasy land thinking. Lol
Progress is an evolution, not the flip of a switch.
Oh and as far as the voters go, 1% of Americans and 3% of Democrats make this “green energy” the top priority.

Quoted from Jkush18:

Can’t argue that. Commodities and real estate have been a few bright spots lately. Value did outpace growth from 2020 to mid 2021.

Quoted from Jkush18:

That’s a cute sentiment. 33 stocks is hardly diverse unless you are buying indices.

Quoted from iceman44:

Zero Emerging Markets the last 5 years here.
Even the new Bond King Jeff Gundlach, whose bonds funds have been awful like all of them said no EEM yet. Horrendous performance. And since I manage over a Billion $$$ for folks it matters
Zero Bonds, Zero EEM or international now
The 5 yr return on the EEM is -8% and the 10 yr total return is a whopping 1%. Maybe you are surprised by that?
Either way, the rest of the world is a no go for me now, the US, despite the idiot leadership is still far and away #1.
It’s worked out well. I’ll take the companies I mentioned that sell all over the world.

Quoted from iceman44:

What.about Crescent and Baytex for Canadian Energy? Very cheap

Quoted from kvan99:

Yes! Up 25% in a little more than a week. I think the uptrend continues. If others on here rode this up please don't sell yet..Amazon guided higher so the slow mutual funds and managers will jump in next week and send it a little higher. I guess after next week, you can reduce it or just put a trailing stop and see what happens. Macro wise the market will go lower after the earnings hoopla is over but some of these large cap techs may not follow.

Quoted from iceman44:

Cenovus and CNR are two more that fit the bill. Haven’t followed Whitecap.
Great management is a key driver to take advantage of this market.
FANG, DVN and PXD are my top 3 but I’m looking at a broader basket that might be undervalued relative to their peers.
PXD payout is the highest on the S&P right now at 15%. What’s not to like? Superior management as well. Same for FANG and DVN
If you actually listen to the Energy companies themselves and read the quarterly reports, XOM and CVX yesterday for example then we are in for a tight supply and increasing demand scenario at least for the remainder of the year and most likely for years to come.
Of course an end to the Russia conflict would cause a quick sell off on the news, especially Nat gas but how likely is that to happen?
The crescent write up is behind a paywall or I would post it.

Quoted from ZenTron:

Yea, i bought 3x $GOOG and 1x $AMZN pre-split, who’d think $AMZN would be winning the race.