Strathmore.....in my more active touring days (music) we did a small tour of Scotland. Most of my heritage is Scottish and English....I really enjoyed Scotland. Lori....I understand completely about that English weather. I lived for 32 years in the Seattle area......with the same sort of weather. Constant gray sky and rain.
The DULL market today......still suffering a hangover from the recent FREAK OUT. Stock market today: Stocks trade mixed with investors on data watch https://finance.yahoo.com/news/stoc...d-with-investors-on-data-watch-114533192.html (BOLD is my opinion OR what I consider important content) "US stocks were little changed at the open on Wednesday after the S&P 500 wrapped up another all-time high, as investors shrugged off sticky inflation data to focus on fresh economic updates ahead. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) were narrowly higher at the open on the heels of Tuesday's sharp across-the-board gains. The Nasdaq Composite (^IXIC) was off about 0.2%. Stocks rallied on Tuesday amid continued optimism that the Federal Reserve will start to cut interest rates within months despite February's hotter-than-estimated reading on core consumer inflation. That alone could prompt policymakers to stay cautious about easing up on borrowing costs when the Fed holds its monthly policy meeting next week. But with the US economy outstripping Wall Street's forecasts, investors are keeping their hopes warm until they get wholesale inflation and retail sales data on Thursday. On the crypto front, bitcoin (BTC-USD) was changing hands at around $72,571, continuing a rally that saw the token top $73,000 earlier before paring gains. In corporates, DollarTree's (DLTR) shares sank about 14% after the company swung to a quarterly loss. The discount retailer said it plans to close nearly 1,000 stores and will take a charge of over $1 billion." MY COMMENT Another day with NOTHING going on....a good thing. Looks like the NASDAQ and the SP500 are trying to mount somewhat of a come-back at this moment. Typical short term market action going on......IGNORE it all and stay the course for the long term.
Looks like you made a good small move with a bit of your AMD TireSmoke. BUt....I dont follow AMD at all. AMD Rally Looks More Fragile Than Nvidia’s as Traders Bid Up AI https://finance.yahoo.com/news/amd-rally-looks-more-fragile-115346874.html
Weather in Scotland is terrible, I'm so tired of it. We'll be moving somewhere warmer in near future.
Can you tell.....I am ignoring the markets today. Nothing going on anyway. At least I have now improved to having THREE stocks up today.....AMZN, HD, and GOOGL.
Wait…. You lived in SEATTLE for 32 year……??? And I thought I was following your “moves” closely (no pun intended) The plot thickens
I know that weather very well as I said.....that is a BIG reason that we moved from Washington State to Texas when I retired early....besides the fact that I grew up in Texas. "Two small kids, young wife, and a full time job".......sounds like LIFE happening.
I'm still pondering what I want to do with AMD. It has done very well for me but it acts like a second fiddle to NVDA. AMD has great leadership and has its place in the market for sure but I'm looking to scale back but the logical place to put the money would be NVDA and I don't think I want a 100% NVDA portfolio lol(then again over the last few years that wouldn't have been a bad thing!). I'm not certain I want to bail out all together on them but probably scale back to 500 shares and let it ride. In the AI world you never know where the next big breakthrough will come from so having some exposure should be a good thing.
Yep Zukodany......my business owning days were in Washington. I grew up in Texas.....went off to college and ended up in the Seattle area. For the last ten years in Washington (1990 to 2000)....we lived in Redmond......the East side of Lake Washington......suburban Seattle and the home of.....MSFT. That is the time span where we lived in the CEO type neighborhood that I have talked about on here. Over my life I have spent more "cumulative time" in Texas than anywhere else. Once I got out of the business world we left Washington as quickly as possible. I guess I cant complain....we did very well over those years in business and investing. Plus....being in that area gave me advance knowledge of.....NKE, MSFT, COST, SBUX, etc, etc. Also indirectly HD through a Seattle area company.....Eagle Hardware.
You have had a great run TireSmoke. It is never a bad thing to take some money and...... lateral move it.....into other investments for the long term.
While I have been ignoring the markets it looks like my PLTR and SMCI have now turned GREEN......along with HD, AMZN, and GOOGL. Step by step.....slogging through the day.
Speaking of Eagle Hardware in Seattle. Eagle Hardware & Garden, Inc. https://www.encyclopedia.com/books/politics-and-business-magazines/eagle-hardware-garden-inc "A leading competitor in the home improvement industry, Eagle Hardware & Garden, Inc. operates a chain of enormous stores in the western United States that offer a wide selection of merchandise. During the mid-1990s, 24 stores composed the Eagle chain, each averaging roughly 120,000 square feet of space. Although the company did not open its first store until the 1990s, it quickly expanded to become one of the dominant retailers in its industry by the mid-1990s, with stores in the Pacific Northwest, Utah, Colorado, Montana, and Hawaii."........ ............... "Many of Eagle’s stores were matched against Home Depot stores located within throwing distance, setting the stage for what promised to be a battle that would reach a definitive conclusion, with either Eagle or Home Depot coming out the winner and the loser sent packing. As Eagle prepared to open its third and fourth stores in Colorado in 1996 and another in Wenatchee, Washington, Heerensperger was keenly aware of the importance the late 1990s would represent for his chain. “This is war,” he flatly explained to a Forbes reporter, referring to Eagle’s rivalry with Home Depot. “They are aiming for us, but we’re a thorn in the side,” he continued, “Eagle is the first home center they haven’t completely run over.” As Eagle, with Heerensperger at the helm, headed into the late 1990s, all efforts were being devoted to keep Home Depot at bay and to continue the remarkable progress that had taken what was only an idea in 1990 and turned it into a flourishing, $600 million-a-year company." MY COMMENT In the end Eagle sold out to Lowes in about 1998. They needed to buy the company to get a foothold in the West to battle HD. I was a share holder in EAGLE until that time and than ended up with LOWES stock. I eventually saw that the future was better with HD and switched all my "hardware" money to HD....although for a good length of time I owned both. I bought my shares in EAGLE because I knew the Executive Assistant to the CEO, David J. Heerensperger. So I had awareness of the company before it went public. The "hardware" dominance battles of the 1990's were an interesting time.
The 1990's were a pretty cool time to grow up! I remember the hardware 'warehouse model' coming out and the fierce competition and advertising. We had one in my hometown called 'DIY' and seeing that as a young boy for the first time was pretty awesome as was our monthly visits to Sam's Club. I was too young to be investing but the observations still stick. Its always kind of cool to look back and see what 'too big to fail' business are no longer and what has managed to stand the test of time. Circuit city is another one by me that I would have sworn would have out lived Best Buy. Best Buy existing is solely on some excellent leadership choices and key decisions.
Hey W, did you “test RIDE” any of those robotaxis yet? Looks like they are operating in your neck of the woods https://finance.yahoo.com/news/waymo-start-offering-free-driverless-171240546.html
No I never have.....in fact I have never seen one. I have seen a good number of TESLA CyberTrucks on the road lately since they are being produced here.
Well that did not last long. EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans https://www.cnbc.com/2024/03/13/ev-euphoria-is-dead-automakers-trumpet-consumer-choice-in-us.html "Key Points Automakers from Ford Motor and General Motors to Mercedes-Benz, Volkswagen, Jaguar Land Rover and Aston Martin are scaling back or delaying their electric vehicle plans. Though consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. A broad return to a more mixed offering of vehicles — with lineups of gas-powered vehicles alongside hybrids and fully electric options — assumes an all-electric future at a much slower pace, and it calls attention to ambitious EV targets set for the years ahead." MY COMMENT WTF......it is not the job of government to try to call and make business winners and losers. Trying to manipulate the market is also a total loser for....government. Sit down, shut up, and go away....let the free markets determine demand and need.
Not too bad a close for me today in my stocks considering the markets today. They were DULL and listless...pretty much sitting the same all day. Consolidation of the recent gains in action. I did have more stocks in the GREEN than in the RED....SMCI, PLTR, HD, AMZN, and HD. BUT....when my two largest holdings COST and NVDA are in the red....it is hard to stay green. I also lost out today to the SP500 by 0.06%. After the HUGE gains yesterday.....I have no issue with today.
You can move here (Portugal)...if you want hot and sunny weather. If you can work from home it is a no brainer. You can also check Malta, Turkey or Greece. All great options. Later with time I will share w/ you some european companies you can have a look.
