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Joined: Aug 2005
Posts: 10,724
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,724 |
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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Joined: Dec 2008
Posts: 8,302
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,302 |
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.
"Life is tough, even tougher if your stupid" John Wayne
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Joined: Mar 2010
Posts: 24,136
Campfire Ranger
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OP
Campfire Ranger
Joined: Mar 2010
Posts: 24,136 |
microsoft earnings
xbox sales down
linked in usage up
guessing the free cash ride is finally coming to a halt
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Joined: Feb 2013
Posts: 21,728
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,728 |
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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Joined: May 2004
Posts: 5,194
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,194 |
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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Joined: Feb 2010
Posts: 16,076
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,076 |
Looks pretty flat today to me.
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Joined: Jun 2008
Posts: 6,076
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,076 |
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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Joined: Jul 2020
Posts: 2,388
Campfire Regular
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Campfire Regular
Joined: Jul 2020
Posts: 2,388 |
“ Everybody’s selling? Then Buy! Everybody’s buying? Then Sell!”
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Joined: Jan 2012
Posts: 26,479
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,479 |
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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Joined: Aug 2017
Posts: 9,057
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,057 |
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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Joined: Jul 2020
Posts: 2,388
Campfire Regular
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Campfire Regular
Joined: Jul 2020
Posts: 2,388 |
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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Joined: Feb 2010
Posts: 16,076
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,076 |
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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Joined: Aug 2005
Posts: 10,724
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,724 |
Tesla being Non-Union really pisses them off.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: Feb 2004
Posts: 19,170
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,170 |
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
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: Feb 2008
Posts: 8,529
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
Posts: 8,529 |
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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Joined: Jan 2016
Posts: 95,656
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,656 |
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".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,656
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,656 |
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".
I Dindo Nuffin
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Joined: May 2004
Posts: 5,194
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,194 |
“ 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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Joined: May 2004
Posts: 5,194
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,194 |
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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