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ribka Offline OP
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Not looking good. Lots of other companies coming out with earnings this week too


https://seekingalpha.com/news/3927657-microsoft-tumbles-analysts-debate-about-guidance


Looks like the short Jan bounce is over. Just like last year

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Keeping my powder dry. I think the first quarter is going to be rocky. Will work back in after this shakes out a bit.


A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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I see another 20% -30% or so to the downside, the real crash hasn't really started yet. The fed will push us into to recession, they told us as much.

Last edited by Stormin_Norman; 01/25/23.

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ribka Offline OP
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microsoft earnings

xbox sales down

linked in usage up

guessing the free cash ride is finally coming to a halt

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LOL...

But people want to make big market gains...

People are anxious for the market to boom again... as long there are no mean tweets.

BUT... I seen no fundamentals in place for a recovery.


If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.



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If Powell keeps raising the rates, and earnings keep going down, we will see the S&P at 3,200. If the panic selling starts we will see 2,800. It was not even 3 yrs ago the bottom was 2,300. I will just run the coarse , but I have $5,000 waiting for the SEP and $5,400 in a ROTH just sitting there. I am getting 4.15% interest. The ticker is SPRXX . It's a cash account through Fidelity. Put in any time take it out any time with no penalty.


But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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Looks pretty flat today to me.

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Watching to see what happens in Feb/March (think, what happened in 2009). IF it dives, like I think it will, I’ll jump on some bargains. No big moves until that hashes out.

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“ Everybody’s selling? Then Buy! Everybody’s buying? Then Sell!”

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Originally Posted by ihookem
If Powell keeps raising the rates, and earnings keep going down, we will see the S&P at 3,200. If the panic selling starts we will see 2,800. It was not even 3 yrs ago the bottom was 2,300. I will just run the coarse , but I have $5,000 waiting for the SEP and $5,400 in a ROTH just sitting there. I am getting 4.15% interest. The ticker is SPRXX . It's a cash account through Fidelity. Put in any time take it out any time with no penalty.

If only the dum basses would let rates sit where we are for 5-6 months before making rash decisions[raising them higher], things would most likely simmer enough to tame inflation for a while.
OTOH, had they not left rates artificially low for 10+ years we most likely could have avoided the current mess[despite FJB]


FJB & FJT
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I see the commies in the media are rooting for tesla to be down when they report earnings tonight

Elon has gotten under their skin.

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Originally Posted by TimberRunner
I see the commies in the media are rooting for tesla to be down when they report earnings tonight

Elon has gotten under their skin.
It’s ironic that just a couple years ago he was their darling & savior.

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Originally Posted by GAGoober
Originally Posted by TimberRunner
I see the commies in the media are rooting for tesla to be down when they report earnings tonight

Elon has gotten under their skin.
It’s ironic that just a couple years ago he was their darling & savior.
LOL! They are a fickle bunch of fuggers.

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Tesla being Non-Union really pisses them off.


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I own some Microsoft. My bet is they will continue to pay dividends and in a couple of years they will be going back up. They just bought an AI company. (artificial intelligence) They have done this time and again buying up companies and expanding. I have almost 3 years before I have to start taking minimum distributions. I can ride this out just like every other recession year.

kwg


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They bought the Dip Today ..

The thing to watch is a Spike Up in Unemployment Claims …

If claims Spike Up better Head to Hard Assets and Utilities..

The End

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Originally Posted by ribka
Not looking good. Lots of other companies coming out with earnings this week too


https://seekingalpha.com/news/3927657-microsoft-tumbles-analysts-debate-about-guidance


Looks like the short Jan bounce is over. Just like last year

Yep. Bolshevik POS neonazis are going down. America's future has never looked brighter.

The new Republic will be going through birth pains.


Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.

A Nation which leaves God behind is soon left behind.

"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".

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Originally Posted by TimberRunner
I see the commies in the media are rooting for tesla to be down when they report earnings tonight

Elon has gotten under their skin.

He's fixing to rip them a new asswhole.


Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.

A Nation which leaves God behind is soon left behind.

"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".

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Originally Posted by GAGoober
“ Everybody’s selling? Then Buy! Everybody’s buying? Then Sell!”

An old man my dad knew said once. When everyones crying , you should be buying. When everyones yellin , you should be sellin.


But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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Originally Posted by Raeford
Originally Posted by ihookem
If Powell keeps raising the rates, and earnings keep going down, we will see the S&P at 3,200. If the panic selling starts we will see 2,800. It was not even 3 yrs ago the bottom was 2,300. I will just run the coarse , but I have $5,000 waiting for the SEP and $5,400 in a ROTH just sitting there. I am getting 4.15% interest. The ticker is SPRXX . It's a cash account through Fidelity. Put in any time take it out any time with no penalty.

If only the dum basses would let rates sit where we are for 5-6 months before making rash decisions[raising them higher], things would most likely simmer enough to tame inflation for a while.
OTOH, had they not left rates artificially low for 10+ years we most likely could have avoided the current mess[despite FJB]


Yes, the feds should have started raising rates in 2010 when the market took off. President Obama enjoyed one rate raise ( 1/4%) . It should have been a rate hike twice a year and on schedule for the last 10 yrs. It now would be 5% and that is about right. We would not see this jumpy market .


But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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