The early bird gets the worm....right TireSmoke. Not really....but you got in at a great price....so who cares. SMOKIE.....that cartoon is PERFECT for what is happening right now. A great post.
It is comical to watch. For example today. Totally getting hammered, then a FOMC guy comes out at a speech and mentions...."further adjustment to rates in the near term." At exactly that moment....boom! The market takes off. All this tells me, is that any one of these tool's, FOMC and politicians or even someone with a "voice platform" can move this type of market almost instantly either way. It is just that type of environment. We could be "all clear" in one moment and then straight to PERDITION the next.
I had a medium gain today....in spite of PLTR, NVDA, and MSFT being in the RED. I also lost out to the SP500 today by.....0.59%. Done with this week.....and moving on.
Ok....not as bad as I expected. At the close this week my entire portfolio is at +22.95%...year to date. Last week at this time it was at....+21.15%...year to date. I survived the week OK....but was not a fan.
The end to the week...for the historical record. Dow, S&P 500, Nasdaq bounce but end turbulent week with sharp losses https://finance.yahoo.com/news/live...rbulent-week-with-sharp-losses-210532877.html
Well, today closed out okay despite the silly little ride. Actually, this week felt worse than the overall result at least for me. Had I not poked around at some of the coverage and noise….the actual results would not have matched up to the hoopla. Sometimes the messaging is way worse than the reality. This proved true for me this week. Next week will be a short one. Might be good for all of us to get a break from the circus and the market too.
YES.....we will face a very short week next week. the markets will be closed on Thanksgiving. they will be open on Friday but only till 1:00. It will be nice to have a long break from the markets.
A postcard from TomB. It's been a little while since I last posted. I doubt anyone noticed and that's completely cool. I found some kindred spirits on Lemmy and we talk about this stuff quite a bit. It's not ideal, as they mostly think the way I do. On the other hand, discussions here resulted in conflict as to both basic facts, as well as future possibilities. I'm not sure which is more productive. To be direct, I suspect neither is all that productive. Meanwhile, you have Smokie. If you want to know what I think about literally any topic, read Smokie's posts. The guy's thoughts reflect mine to an uncanny degree. What's more, he is far more concise and efficient with his prose. My portfolio is doing adequately. I'm certainly not making double digit gains. My businesses are doing fantastic. They're small businesses so I'm not getting rich off them but they have scaled beyond what I could have imagined and are starting to move the needle. During my deep dive into AI clusters, I picked up an interest in SIMD coding. I ended up picking up a project that involves computer vision and an LLM. Imagine an old dude like me cooking up large batches of ROCm/C code. It's some of the coolest and most fun stuff I've ever done. Who would have thought? Please accept my best wishes for health and prosperity. You folks in this thread are a classy lot and have my utmost respect. Your friend, TomB
Oh shut up, you melodramatic goofball! I am glad you are doing well. Please feel free to post anytime you want. As W always says, the more viewpoints the better. And AM6 better rock my socks with PCIe lanes, or I'll be pissed
