A good positive day for me today....especially considering the open. I can see from my account that even though I was green.....stock backed off a little in the final hour of the day. I also got in a beat of the SP500 by 0.20% today. COME ON.......lets carry the momentum today over to tomorrow to close the week.......a good day tomorrow could take the markets green for the week. BUT....it needs to be a very solid day to do so since it would need to exceed +0.99%.
Been a hell of a week. Way down. Alk doing poor but I've been buying while it's down. Same with nvda.
Surprised the boss didn’t talk about this yet https://www.theverge.com/2022/4/8/23008731/tesla-texas-gigafactory-open-cybertruck-elon-musk tesla TX gigafactory opened last night. This looks like is gonna be Elon’s year
I am siting here reading and waiting for the markets to age into the morning. It is working so far......since the DOW and SP500 are now both positive and the NASDAQ has come back significantly.
Just a matter of time before Elon buys 10% stake in stockaholics and promotes this thread, then we all get invites!
Since I am ignoring the markets till they turn positive......I will mention......the Bluebonnets are out in Texas at the moment. And since Emmett mentioned art.......this year is the 100 year anniversary of the death of the greatest Texas Bluebonnet painter and probably the creator of the genre.............Julian Onderdonk (1882-1922). Posts Tagged ‘Julian Onderdonk Biography’ JULIAN ONDERDONK - The Shooting Star Of San Antonio https://julianonderdonk.wordpress.com/tag/julian-onderdonk-biography/ He grew up in San Antonio and studied at the Art Students League in New York and also under William Merritt Chase. Now to make this investment/money related. A large Onderdonk of the quality above sells in the range of $300,000 to $600,000. A painting such as this one....which will never come up for sale......would be well in excess of $1Million....perhaps even above $2Million.. The above is one of his final works....."Dawn In The Hills". "Just before he died, Onderdonk had finished a beautiful early morning view of a Texas hillside carpeted with Bluebonnets titled “Dawn in the Hills” and another work, a bold fall scene titled “Autumn Tapestry.” When Onderdonk died, these works were about to be shipped to the National Academy of Design in New York for their annual exhibit. Although the Academy’s regulations state that works in the annual exhibition must be by living painters, Onderdonk’s entries were included in the show because his death took place after the paintings had been accepted, beneath crossed palms and a purple ribbon. A short time after the artist’s death the San Antonio newspapers led a drive which raised funds to purchase “Dawn in the Hills” so that it could be donated to the San Antonio Artist’s League, in recognition of Julian Onderdonk’s tremendous contributions to Texas art."
It never hurts to inject some.....culture.....into this thread.....even if it is Texas culture. Although this is very obscure stuff......probably unknown to at least 80-90% or more of the population in the state.
I sit and wait ignoring the markets and waiting for the NASDAQ to turn green......not sure it is going to happen.
I happen to like this little article. EARNINGS.......what really counts. The most bullish story in the stock market right now: Morning Brief https://finance.yahoo.com/news/the-...market-right-now-morning-brief-090558155.html (BOLD is my opinion OR what I consider important content) "Before tensions escalated between Ukraine and Russia in February, a bullish stock market story had been unfolding: Wall Street analysts were revising up their forecasts for 2022 and 2023 corporate earnings. Since then, geopolitical risks spiked, becoming the top concern among investors. The stock market got rocked, sending the S&P 500 (^GSPC) to a low of 4,114 on February 24. Meanwhile, inflation data continued to confirm prices were rising at a troubling rate, which caused Federal Reserve Chair Jerome Powell and his colleagues to signal that they were willing to get more aggressive in tightening monetary policy. Despite these headwinds, something surprising happened: Analysts continued to revise their forecasts for earnings higher. According to FactSet, analysts expect the S&P 500 to earn $227.80 per share in 2022. This estimate is 2% higher than the $223.43 expected as of December 31, 2021. Yes, the upward revision is modest. But it follows all of the new concerns that have emerged since the beginning of the year. Some — not all — of this resilience can be explained by energy producers’ earnings, which have been bolstered by rising energy costs. “A significant portion of the upgrade comes from the Energy sector (+2.0pp), while companies that are impacted by higher energy costs (-0.5pp) and those exposed to European (-0.2pp) have been minor drags,” Binky Chadha, chief U.S. equity strategist for Deutsche Bank, wrote on Tuesday. “Excluding the impact of these effects, full year estimates are still up +0.8%.” So, what’s happening here? It’s simple: The economy continues to be in great shape, supported by massive tailwinds. Among other things, businesses and consumers have very healthy finances. Businesses continue to invest aggressively in their operations. Consumers — despite having gripes about inflation — continue to spend on goods and services. Consumer finances have been bolstered by $2.5 trillion in excess savings, which has allowed companies facing higher costs to preserve profit margins by raising prices. Of course, we’re talking about expectations for earnings. And these expectations are sure to get updated as companies announce their quarterly results in the coming weeks. The lingering question: Will these expectations continue to get revised up, or will they finally begin to get revised down?" MY COMMENT I have seen many negative comments about earnings lately. I simply dont buy it. The economy is booming. Yes....there are still significant supply and shipping issues. As someone that is waiting for materials (my faucets) to finish my bathroom that are on back order.....I know first hand how hard it is to find some construction items. Companies are selling everything they can produce. My view......just based on my everyday experiences out in the real world economy.......earnings are going to be great. The real question......will anyone care......short term.
I do think that there is a significant......"possibility".....that the markets will close in the green today. The markets seems to be fighting against going down today. We just have to get the NASDAQ on board. There really is nothing going on today to hold the markets back. Seems like short term traders to me....pushing the interest rate BS to drive their trades today.
Yup, also another slamming week for Heritage Auctions with comic book record numbers https://www.ha.com/heritage-auction...PP_3AFg1_s1a3lp_EK7r0JeyXx3FpXxL10hBp4_D7x1mc Jack Kirby’s Captain America #1 sells for 3.1 mill and a few other great sales including art by Miller, Corben (Heavy Metal) and Kurtzman (Mad) all getting top dollar sales. Still no sign of moneys leaving our economy
YEP....people are spending like crazy. Did you see this Zukodany? Historic DC Comics Prototypes Soar to Auction ORIGINALLY MEANT TO BE TOSSED IN THE TRASH, FOUR RARE ASHCANS – INCLUDING A 1939 ‘SUPERMAN COMICS’ – SOON WILL BE SOMEONE ELSE’S TREASURES https://intelligentcollector.com/hi...345&type=article7-1-www-icmag-april-tem040522
I was definately in the red today. I only had one stock up......no not Costco......it was Home Depot up over 2% today. I got beat down by the SP500 by1.26% today. The best thing about today.....the week is over.
HERE is some......data for the week. DOW year to date (-4.45%) DOW for the week (-0.23%) SP500 year to date (-5.83%) SP500 for the week (1.27%) NASDAQ 100 year to date (-12.21%) NASDAQ 100 for the week (-3.59%) NASDAQ year to date (-12.36%) NASDAQ for the week (-3.86%) RUSSELL year to date (-11.17%) RUSSELL for the week (-1.49%) This week.....a total waste of time for me. I will put in in the trash and move on with a clean slate.
Wasn’t aware of this at all. Geez these will bring in a pretty penny since there’s no circulation for these ashcans. Thanks for bringing this to my attention!