To continue....the older I get the more I realize that EVERYTHING is simply...PERFORMANCE ART. It is greatly entertaining to watch the human race. What an amazing daily show....if you can step back from it and not get caught up.
The markets today....you would think that yesterday NEVER happened. DID IT? Or was it all a dream? Dow, S&P 500, Nasdaq push higher after sell-off ADP jobs report returns to growth https://finance.yahoo.com/news/live...-jobs-report-returns-to-growth-235720142.html
Yes...we are ok. ADP: Private payrolls show modest rebound in October The country’s private employers added 42,000 jobs in October — the first monthly gain since July. https://finance.yahoo.com/news/adp-private-payrolls-show-modest-rebound-in-october-134112187.html
Good old PLTR. Palantir's epic run-up gives the market a reason to sell https://finance.yahoo.com/news/pala...es-the-market-a-reason-to-sell-120040393.html Good news is....bad news. Bad news is....bad news. NO news is....bad news.
I am totally FLAT today with only GOOGL and NVDA in the green. I see that the DOW is now red. AND....I am having problems with Stockaholics....posting, editing, and connecting.
I dont care how the media and companies try to spin it......this is the start of the impact of AI.......just a forerunner of the huge avalanche that will come. On the good side for investors....it will create..... MASSIVE PRODUCTIVITY GAINS....for business. I have no interest in fighting progress....even if I could. I am an INVESTOR....not an activist. AI-washing and the massive layoffs hitting the economy https://www.cnbc.com/2025/11/04/white-collar-layoffs-ai-cost-cutting-tariffs.html
Probably good advice for many people. After years of outsized stock market returns, it’s time to reassess your portfolio ‘risk exposure,’ top-ranked advisor says https://www.cnbc.com/2025/11/05/rebalance-your-portfolio.html
Today....we are STILL in the shadow of yesterday...in the markets. So I am not going to spend a lot of time thinking about the short term. I will sit and wait and do NOTHING. YES.....I continue to be fully invested for the long term as usual. AND....I am way out there in the ocean.....off my surf board.....dragging it off the little underwater reef that I am stuck on for a day or two. I will soon be once again....RIDING THE WAVE.
The internet is real GLITCHY for me today....especially this site. BUT....the DOW has now gotten over the little bump it hit earlier today. All the big averages are now green. AND....I have a nice small gain right now in my account...approaching a medium gain. A good time to bow out and let the day run as it wishes.
Noticed the same thing today. Also, some other difficulties with it a few days ago. Seems to be getting worse. Makes me think....one day it is just going to quit. It is just this site that I have noticed here lately.....nothing else.
Some issues....site very, very slow to connect at times, or not at all. Weird stuff with trying to post or quote....disconnections, etc, etc. I will likely move on if it continues to persist. Very frustrating to try and use and participate when it is not functioning properly.
I'm just a passenger on this boat but it made me think are we better off jumping ship before it breaks in half and sinks to the bottom? I believe the majority of the site traffic is this thread so I would imagine the site owner would have some sort of motivation to retain it. Time will tell.
Could be an idea for sure. I figure if they had interest in retention, they would have addressed some of the issues when everybody was talking about it. Not trying to be rude to the staff/owner here....but I figure we might have gotten some sort of announcement one way or the other. I cruised over to the other site we all had talked about a month or so ago. I can't sign-up, just continually gives an error....WTH. Don't know if anyone else here has had that issue or even tried. Seems W got in a while back, if I remember correctly.
Yes...I am signed up at the other site. Does anyone on here have suggestions for a good investing site....to move to? Things seem to be working fine for me on this site right now. In the meantime...if this site tanks....or if something else comes up.....you can find me at.....stocksforums.com....under the name WXYZ. There is already a LONG TERM INVESTOR thread there. We could decide what to do from there. I dont post on it, but a....BOT....takes all my posts from here every day and puts them up over there. AND....if it ever becomes relevant....it is not my BOT and not something I have anything to do with.....for better or worse. I dont care that it is being done.....but it is not happening at my direction and I have no responsibility for it. I do think there are a HUGE numbers of readers here....that might be lost if we move. So I will stick here for now.
Well that was a strong market FADE...at least for me....over the last 15 minutes. I ended with a borderline...big...loss for the day. I did have three stocks GREEN....GOOGL, AMZN, and AAPL. I also got beat by the SP500 by....1.23% today. WTF..... are the markets and investors thinking....as the majority of the GREATEST companies in the world were RED once again today. HERE is the markets today: Dow closes up 200 points after Supreme Court doubts Trump tariff argument, AMD sparks AI rebound https://www.cnbc.com/2025/11/04/stock-market-today-live-updates.html HERE is one little quote from this above article: “That AI trade is simply running out of steam,” he added. “That’s the problem we’re in, and that’s why we’re in this sideways market.” Are people really that DUMB....dont answer that question. Are there really people out there that are actual....investors....that think the AI "trade"....whatever that is....is running out of steam. There is NO.... "AI TRADE"....the reality is that we have certain BIG CAP DOMINANT companies that are putting up massive fundamentals based on AI right now and into the future. It is not going to end, it is not going to go away, there is a massive backlog of orders and money lined up. Anyone that is......"trading"...based on AI.....well they are NOT investors. They are short term speculators.
Ok...we are open for the day. Not that the open in a single day means anything at all. It is a RED across the big averages open for the markets right now. We continue to be in the shadow of the TUESDAY drop.....but the impact is and will fade quickly. So....it took about one week for the markets to totally discount and destroy the impact of all the big tech earnings BEATS. Actually I should not say "the markets" above....I should say the MEDIA. The constant NEGATIVITY and coordination of thee day to day coverage.....is about the ONLY driver of the short term markets. On the many GOOD days....it is the strength of the markets and fundamentals simply overwhelming the constant negative media wave. it is all about clicks now for the financial media. It will only get worse....since this sort of sensationalism NEVER gets better over time.
HERE is the open. Dow, S&P 500, Nasdaq waver as layoffs jump, key Tesla vote looms https://finance.yahoo.com/news/live...offs-jump-key-tesla-vote-looms-143722803.html
I am dumbfounded every day as the media and companies tell us that the BIG lay-offs have nothing to do with AI. They are afraid to admit the truth....and the media just goes along. It is.....OBVIOUS......and it will be a "thing" for the next 5-10 years. Get used to it......and look at the positives. Massive increases in productivity. Much lower costs for business. Higher profits. etc, etc, etc. This is going to be one of the largest change overs in history. It will rival the initial INDUSTRIAL REVOLUTION when we changed over from using animals for work and labor, and sailing ships....to powered machinery, cars, etc, etc. As an investor you just have to go with the flow....it will work itself out....somehow. Consider yourself LUCKY if you are an investor....you will have assets that will help during the process.....and a chance to participate in the profits. You will actually have a chance to a better life than those that do not invest. I have ZERO doubt that the end result will be a very stratified society world wide......the ELITES on top.....very few middle class (mostly government bureaucrats and those that serve the elites).....and the vast majority of people at the bottom. Last month marked worst October for layoffs in more than 20 years: Challenger Technology firms led private-sector job cuts as employers looked to cut costs and address AI. https://finance.yahoo.com/news/last...-more-than-20-years-challenger-132320043.html
Unfortunately with the first.....total screen generations....already living as young adults...we are seeing a big inability to interact as humans. It is good to see many states now banning cell phones in school.....with pretty dramatic results on the behavior of students. I am not sure I agree with this little article....unfortunately....based on just what we are seeing so far from people raised on screens and tech. In An AI-Driven World, Human Connection Will Still Be King https://www.realclearmarkets.com/ar...an_connection_will_still_be_king_1145370.html
On the positive side of things....I totally agree with the article below. Very important thoughts for any investor that wants to outperform. Literacy Is Your Investing Hedge https://tonyisola.com/2025/11/literacy-is-your-investing-hedge/ VERY IMPORTANT......literacy, time simply thinking and day-dreaming, and curiosity.