MARKETS,Anybody even yet?

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dinghy
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Re: MARKETS,Anybody even yet?

Post by dinghy »

Finally added more INTC Intel at 36.94. Now down 15% from my initial purchase last month at 43.39. :pinch:

EDIT: I caught the low tick on INTC. That was dumb luck.

TLT now green. Recession confirmed! And yesterday, professional liar Jay Powell was crowing about the strong economy.

olds442jetaway
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Post by olds442jetaway »

Right. Was just clarifying what I posted and the 2 year timeframe instead of one. Another bath today and it looks like nasdaq lost more percentage wise. I only glanced at the numbers. Had 3 lawns to mow today. Ugh! At least it was nice and cool.

dinghy
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Post by dinghy »

olds442jetaway wrote:
Thu Jun 16, 2022 2:12 pm
At least it was nice and cool.
Image

olds442jetaway
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Post by olds442jetaway »

Yikes!!! Just headed up to a Bizarro now. Room already there. Tiny budget, but just to get away for a bit. 67 here at 8:45 pm in CT. By the way, you are right about the professional liars. From the top and all the way down.

OTABILL
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Post by OTABILL »

dinghy wrote:
Thu Jun 16, 2022 3:25 pm
olds442jetaway wrote:
Thu Jun 16, 2022 2:12 pm
At least it was nice and cool.
Image
Cool day there. 111 here today. :)

wildman49
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Post by wildman49 »

Dry heat to hot for me I'll take my wet heat here in Michigan :lol:

dinghy
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Post by dinghy »

Life comes at you fast. Energy stocks (XLE) -20% since Wednesday last week. Crude only down a few %.

Possibly the stocks are reacting to threats from politicians. Question becomes which companies are least affected by the punishment measures. I remain focused on South America (EC, PBR & YPF) because everyone already expects their profits to be stolen, and they have government ownership which may discourage politicians from killing the goose.

I'm still not convinced of sustained near-term inflation, but I view these holdings as cheap protection.

dinghy
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Post by dinghy »

dinghy wrote:
Fri Jun 17, 2022 7:57 am
Life comes at you fast. Energy stocks (XLE) -20% since Wednesday last week.
Cramer pretty much top-ticked the energy stocks.
dinghy wrote:
Wed Jun 08, 2022 9:44 am
I'm reducing my remaining energy stocks. Corporate insiders are selling, and Cramer is buying. Still holding EC and YPF, and will buy much more if they go much lower.

advantage playe
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Post by advantage playe »

If insiders r selling , I aint buying ! If insders r buying , I aint selling ! this for indiviual stocks , not the market as a whole .

dinghy
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Post by dinghy »

Bitcoin disaster. Friday afternoon was above 20.5k, now below 18.5k.

Has there ever been an international stock market crash on a US holiday?

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