Stock Market Discussion..........

[homie1975]

Where are my stock people ?!?!?!

HUGE WEEK !!

earnings reports, etc:

Tue: Caterpillar and AMD
Weds: T-Mobile, META, FED DECISION on rates! (analysts expect .25 basis points but does Bazooka Jay want to see the Market melt up on a Dovish pivot?)
Thurs: Eli Lilly, Honeywell, Starbucks, and course the Behemoths AAPL and AMZN and GOOGL (one of my favorite days every quarter)
Fri: non farm payrolls

The market is going to go one way or another IMO. I do not believe it is going to trade sideways this week. either the Bears will be happy or the Bulls will.

I do not have a feeling either way as I do expect earnings to mostly beat based on the adjustments (moved goalposts) but forward guidance has to be extremely cautious I would think and this is my concern.

the push and pull will most likely give away materially one direction or the other..........

What say you Guys ???

 

[jjgold]

CD's right now the answer

Too tough to predict markets , economy banged up

Most people down 25% investing last 15 months

 

[Tanko]

CD's right now the answer

Too tough to predict markets , economy banged up

Most people down 25% investing last 15 months

JJ is pretty smart on this one.
CDs have some value for being at least part of you portfolio.

Best CD rates in my area (credit unions):
1 year 4.4%
2 year 4.8%
3 year 3.8%
5 year 4.2%

With inflation cooling only slightly, the FED is still projected to raise rates 2-3X in 2023. It might be by only 25 basis points each time instead of the 0.50 point jumps we've seen. That means we are close to peak CD rates. The banks must agree since the peak rate they are offering is at 2 years.

To keep our mix diversified, we bought 2 year CDs just last week. We still have cash in hand for buying more into the stock market as opportunities arise.

Not an expert by any stretch but there is so much more to say on this.... But this post is too long already.

 

[homie1975]

CD's right now the answer

Too tough to predict markets , economy banged up

Most people down 25% investing last 15 months

I use Robinhood.
they have a Gold account ($5 per month) but you get 4% interest on your uninvested funds. breakeven to cover the $60/year for the Gold acct is $1,500 sitting there for 12 mos = $60 interest to cover the fees. so anything above $1,500 sitting in there longer than a year, you are making free money basically.

I like earning interest on uninvested funds sitting in a brokerage acct instead of a CD because you can be very nimble and buy stocks and/or crypto at the drop of a dime right there in your account.

 

[JDS]

homie1975 tryna shaped this place up like the old SBR back in its prime with these financial threads. Great idea pal, I like your style

 

[homie1975]

i am here to share and to learn, let's all prosper together!

i do love march madness so i look forward to posting some plays in mid march for that

 

[JDS]

i am here to share and to learn, let's all prosper together!

i do love march madness so i look forward to posting some plays in mid march for that

My mind is gonna be knee deep in NCAAB until it ends. I’ll be talking about it daily even if I’m not betting on it.

 

[homie1975]

stock market melt up since 01/02 continues. 'Daq looking to close out its best JAN since 2001.

laggards today: CAT down ~3.50% and MRNA about the same..

 

[homie1975]

post earnings today:
CAT (caterpillar) down 3.50% in trading hours, pretty much flat in AH.
fell short on earnings but Rev beat.

AMD had a better quarter than what was feared and they were up 3.75 in the session and in the post they are up ~1.75% currently.

 

[homie1975]

tomorrow is the Fed decision.
we are all expecting .25 basis points.

what will be interesting is what Jerome says about the forward outlook from the Fed's standpoint.

will he remain hawkish or will any dove sentiment be in the wind ??

 

[homie1975]

Bazooka Jay Powell bringing ants to our picnic today...........

 

[Leisure]

Looks like The market is shaking it off .

 

[homie1975]

yes, reversal, let's see if it holds.......

 

[Leisure]

Meta is popping !!

 

[homie1975]

Meta is popping !!

after changing the name to META they have no choice now to make sure they lead the world in that space.

go go go !

 

[homie1975]

AAPL missed for the first time in several years WOW

 

[uh_uh_eugine]

Hard to figure. Things goin pretty well; but a long way to go to catch up to previous highs.

JP Morgan says "don't bet the streak (my word)."

Fade JP?

Think its better than "buyin the dip"

 

[Leisure]

AAPL missed for the first time in several years WOW

Wasn’t that all about the china shutdown ?

 

[Leisure]

Amazon and Alphabet down too .

 

[Leisure]

Wasn’t that all about the china shutdown ?

Just like Starbucks too .