MARKETS,Anybody even yet?

[olds442jetaway]

I just made it on getting a few more shares of Berkshire B before the Trump announcement. Then of course it spiked up like most everything else. I made final addition to my position on BGS. I’ll take the 11 percent dividend for now.

[dinghy]

Historically, some of the biggest single-day gains occurred in bear markets and were followed by new lows. But the most recent incident was an exception. March 24 2020, the Dow surged 11.4% -- which ended the bear market imo.

For today's rally, I was not ideally positioned. USA was +10%, vs only +7% for internationals. Top US sector by far was tech: +14%.

NVDA rampaged for +19%. My gain on my NVDA holdings: +$0.00.

[olds442jetaway]

Usually, I put my scribblings in my cartoon thread, but in light of everything going on, I’m posting it here. Wildman may like this one.

[dinghy]

Usually, I put my scribblings in my cartoon thread, but in light of everything going on, I’m posting it here.

What's in the container? Chinese food

[FAA]

Hallelujah! Now I can just concentrate on praying for a China deal. With some luck, my April statement will approximate my March statement. This may be the mother of all bailouts when the smoke clears.

[FAA]

I neglected to ask Olds how he fared with the punishing Smoot Hawley Tariff Act of 1930.

[dinghy]

I neglected to ask Olds how he fared with the punishing Smoot Hawley Tariff Act of 1930.

For those who don't know the history, Smoot Hawley was a thing called legislation, passed by a group of people called Congress.

Congress is now obsolete, as all decisions are ordered by the president -- except when he's overruled by Amy Coney Barrett.

[olds442jetaway]

Amazing how I could go from negative for 2025 to plus .5 percent again in 2 and 1/2 hours. FAA I wasn’t around in 1930, but my dad was. Born and raised in Pittsburgh. In 1930, the family was having soup made from Potato peelings. He also made his First Communion in a Paper Suit which were quite popular back in 1930. My mom on the other hand was raised on a farm in a coal mining town in Southwest Virginia. They didn’t starve because they raised their own vegetables, but meat usually a piece of chicken or fish caught in the river was only once or twice a week. There was no cash so the mines paid the men in scrip.as an advance on their next paycheck. Either paper or round tokens. One thing I do remember was our entire street was made up of returning World War 2 and Korean War mostly wounded veterans. I also had Uncles that never returned at all or they returned with missing limbs, bullet holes in them, shrapnel too dangerous to remove, Malaria and TB. When I visited relatives in the 1950s in Pittsburgh, the sky would glow red at night from the steel mill ovens. At least then our steel was still made here.

[olds442jetaway]

Speaking of history, Although I hate his politics, I usually watch the beginning of Jimmy Kimmel at 11:30 pm. The first 10 minutes or so is always spent trashing Trump. After that they ask people on the street questions like tonight….Who did America fight in the Civil War. One answer was China and other was Mexico. Such a sad state of affairs.
To answer Dinghy….. Spiders signs are just cardboard. The kind we made our forts from as a kid or a substitute for a sled as usually there was only one sled per family. Rather than wait for our turn……slide down the hill on a piece of cardboard. Worked pretty well.
Futures are ticking higher for now. FAA…. I wouldn’t put the cart in front of the horse just yet!

[FAA]

Yeah, all the earmarks of a sell off day. Just a question of extent. SH question was a joke. But great information.