I understand, but if we could -really- rely on analyst assessments, how easy would it be to get rich pretty quickly? If you had a dollar for every dollar somebody else has lost following analysts investing advice, I'm guessing you'd almost certainly be the richest person on the planet! As for NOTE, good luck to you! I hope it makes money for you. Have you gone back to check and see what the analysts were saying when it hit $11 a share a couple of years back? I'm going to go out on a limb and say it wasn't mostly "SELL". But if it had been, and people who owned the stock had taken that advice, it would have saved them a loss of about 85% since then.... I don't have a strong opinion on NOTE one way or the other. I'm just sharing my thoughts.
Maybe melt up into the election? My guess is Q3 earnings will be pretty strong and it doesn't look like the FED will pause on cutting rates. Election outcomes probably wouldn't cause a big selloff unless the Dems win both the WH and the Congress. As long as we have a divided Congress, the market probably would be okay with either Harris or Trump.
Amazon makes fresh nuclear bet. Is it good news for this year’s hottest stocks? - MarketWatch Nuclear stocks like VST, OKLO and SMR are going crazy today
During Tuesday’s trading session over 20% of stocks in the S&P 500 traded at a 52-week high, while no stocks traded at a 52-week low, per Bespoke Investment Group. That marked the strongest net percentage of stocks hitting new 52-week highs in a single trading session since March 21. And omitting that one day in March, it was the highest since May 2021
Bank stocks and bitcoin are doing well lately while the treasury yields are moving up, the market might be pricing in a Trump victory next month
Busy earnings week this week with the big cap tech reporting their earnings and the election is next Tuesday, could be 2 pretty busy weeks ahead for the market before we are heading to the holiday season/EOY
Well good luck to all this week, could be a pretty volatile week then we might begin to settle down into EOY but if Trump is elected then we could see his mouth moving the market rest of the year though
No offense intended - but it is really necessary to post the same message in multiple threads? If this was the first time, I wouldn't have mentioned it, but it seems to be a habit - and one that I don't often see from other users.
Bank stocks flying, I did add some stocks that would have benefited from either Trump or Harris Presidency, bought some banks shares on the potential Trump win and they are flying today Homebuilder stocks were my picks to play Harris win and they are down today of course
I think rest of the year is looking pretty good for the market with the election now out of the way, don't see a really huge correction unless we get some shockingly high inflation data, shockingly bad jobs number or NVDA offers a bad guidance when they report later this month, etc. Next year could become more volatile when Trump enters into the WH This time he won't have to worry about reelection and it will be his last 4 years as a President, he might go a little crazier on his policies than his first term and could cause some volatility, we will see.
Not doing much buying, I prefer to buy on a big pullback, basically just riding my position into EOY. We might see some pullback after Thanksgiving weekend or early December on some tax loss harvesting but then the market should grind higher into EOY. While the economic data isn't looking all that great overseas especially in Europe, the economic data is holding up well in the US and I think volatility might remain pretty low until Trump moves into the White House then maybe the the market will get more concerned with the potential tariffs
