Earnings and most of the other short term news is driving a big rally this week. AND....we have not even started the BIG TECH earnings that will come as the week progresses. this week has the potential to be a HUGE gain for investors that have the GUTS to simply stay invested for the long term and capture the big gains that often come out of nowhere. Here is the start to the day....basically a strong continuation of yesterday. S&P 500 rises to fresh record high after round of strong earnings https://www.cnbc.com/2025/10/27/stock-market-today-live-updates.html Earnings so far.....are off to a strong start. With about 1/3 of the SP500 earnings in the can.....83% have beaten earnings expectations. that is a HUGE number.
The SP500 has now blown through the low end of my year end prediction....6800. It is pushing toward the high end of my prediction....6900. As usual if you look back at all the expert predictions at the start of 2025.....most were significantly LOW....in other words.....WRONG.
To update a post above about market cap. The "four coma" club. Apple, Microsoft cross $4 trillion market cap https://www.cnbc.com/2025/10/28/apple-microsoft-4-trillion-market-cap.html I still miss the TV show.....Silicon Valley.
Looking at the ticker it appears that I am having a good day so far. Although some of my green stocks today are only MILD to the up-side. I also have three RED stocks right now....COST, AAPL, and GOOGL. So......how and where we go from here today is....totally up in the air. I would not be surprised to see the big tech stocks linger into the close today....in advance of earnings tomorrow.
I see Cathy Wood is now out in the news today. I also see and hear many sources fear-mongering....based on TWISTIFICATION of what she actually said. Ark Invest CEO Cathie Wood flags AI market correction risk: ‘We think there will be a reality check’ https://www.cnbc.com/2025/10/28/cat...rection-risk-but-rejects-ai-bubble-fears.html What she actually said: "......as interest rates begin to rise, “there will be a shudder” in markets." She is talking about far into next year if talk begins about raising rates. We are a long way from this hapening and I doubt it will happen in 2026. She also pours COLD WATER on this happening...noting that there is really NO BASIS for this to happen other than Program Trading Algorithms: “There are a lot of people out there ... who think that innovation and interest rates are inversely correlated. That is not true over history,” Wood said. “I want to disabuse people of that notion. But nonetheless, the way algorithms work these days, we think there will be a reality check, shall we say.” AS to the AI bubble she says: “I do not believe AI is in a bubble. What I do think is, on the enterprise side, it is going to take a while for large corporations to prepare themselves to transform.” In other words.....I see her comments as just about totally positive. Not that I care what she says and thinks. She is a speculative trader.....NOT....a long term investor.
The above is about the extent of what is going on today. Right now ALL the big averages are nicely....GREEN. Although they have backed off from the higher open. I expect that at some time today we will see one or more of the big averages go red....at least for a brief time. Do I care.....NOPE.
Now that basically....7 months...have passed.......It seems longer than that.......we know that all the fear-mongering over tariffs was just....BS. No one had a clue...but they immediately went negative and ran with it in the media. Of course as a nice negative click-bait story they all ran with it. Now....crickets.
I just looked at my account...four stocks RED and four stocks GREEN. I have a nice....MILD...gain to day. So that is where I start the rest of the day. The markets seem underwhelming today in spite of the green averages. The SP500 is only up by 0.07%......certainly NOT....a very significant gain. I am not surprised after the blow-out day that we had yesterday. At least the Ten Year Yield is now below 4%....at 3.987%.
Oh, I'm sure we haven't heard the last headline about it. Kind of funny in a way....sometimes we have actually benefited on some of the "announcements" and other days punished. Of course, I'm referring to short term market bounces and flops surrounding the issue.
LOL. Yes, I mean what would they expect a "Tech fund" type manager to say. That would be like a hedge fund manager coming out and touting the benefits of passive index investing.
I have met a financial benchmark for my Roth account and want to move some of the NVDA shares to something without the potential volitility and long term risk. Any suggestions or am I best just moving it to my S&P ETF?
broteau....Are you wanting to keep the proceeds from the sale in the stock market? Is this for short term needs? Just trying to pinpoint your question.
WOW....I go off to a noon board meeting.....and come back to a HUGE gain in my stocks and a new all time high. A bigger gain than yesterday. I still had two stocks in the RED today....GOOGL and COST. Poor COST they are not participating in any of this recent rally. BUT....I still love them. I also beat the SP500 today by an astounding.....2.00%. Of course the big gain today is driven by NVDA zooming up to a new high.....and being up by over +$9. Up by 4.98% in one day. I have to look and see why.
Here is the close today and why NVDA went ballistic. Stock market today: Dow, S&P 500, Nasdaq notch fresh records as Nvidia soars ahead of Fed rate decision https://finance.yahoo.com/news/live...ars-ahead-of-fed-rate-decision-200057996.html ".....CEO Jensen Huang gave the keynote address at its GTC event. Shares rose 5% to a record high as Huang said the AI industry has "turned a corner" while announcing a flurry of new partnerships."
MORE on NVDA today: Nvidia CEO Rebuts Fears of AI Bubble as He Lines Up Partners https://finance.yahoo.com/news/nvidia-ceo-rebuts-fears-ai-194608223.html Nvidia takes $1 billion stake in Nokia, sending the 5G equipment maker’s shares up 26% https://www.cnbc.com/2025/10/28/nvidia-nokia-ai.html NVIDIA is in the process of creating a MASSIVE AI and tech conglomerate. The stock is now WAY MORE than just NVDA itself.
I guess the stock gods were tired of hearing us complain of our sad 2025 NVDA returns this year... Hopefully we can keep this going through earnings and the last 2 months of the year. It looks like the vision is still clean and key plays are being executed. I'm just along for the ride. For those looking to cash out on NVDA to put into a safer holding... I respect the choice and understand why but it still seems early. An idea for an etf that would still give exposure to nvda microsoft, apple, broadcome, palantir, oricle, amd is VGT.
Yes, the squeaky wheel gets the grease. I was beginning to feel bad for the underprivileged YTD returns you had to set through!! Of course, y'all know I am just messing with you. Maybe Santa will add some more to it during the holidays.
Definitely keep it in the market long term, just something with a safer long term return. It's my Roth account so not pulling any money out of it soon.
I figured that is what you meant, but wanted to be sure I understood. I am all about keeping things simple. I think your SP 500 ETF that you mentioned would be a fine choice. It's going to keep your money in the market and kind of spread your risk out versus the individual stock. Simple, easy, and done. If you think that works for you and your plan....I wouldn't disagree with that choice.
