My LAST HOUR check in. I am doing really good today......partially thanks to AMD which I do not own. the boost they got from their earnings beat is also boosting my NVDA. My two losers right now....same as earlier....PLTR down by 2.40% and COST down by 1.92%. HOPEFULLY the...... GREAT EARNINGS BEAT....smack-down of PLTR will be over today.
I MUST say I am not a fan of insurance companies in general and....ESPECIALLY this one. Although they are my HO and AUTO carrier and have been for the past 50 years. They are about as bad as the "good hands" people. State Farm has not been a good neighbor for California fire victims https://nypost.com/2026/05/05/opini...-a-good-neighbor-for-california-fire-victims/
Speaking of favorite insurance companies.....here is another one of mine. We had our medical coverage with them from about age 49 to age 65....after I retired early. They were pretty reasonable till about our final ten years. During that time they were doing MASSIVE premium increases...EVERY YEAR. They drove us to higher and higher deductible policies. The last few years we were paying about $12,000 per year with a......$6000.....deductible. But....I got the last word. About a month before my 65th birthday.....when I would go on medicare..... I got diagnosed with needing a total hip replacement. I was offered to have the surgery about 2 weeks before I turned 65 and went on Medicare....or...I could wait and have it done just after I turned 65.....and Medicare would cover it. I told the DR.......NOPE.....I am going to do it before age 65. I dont want the government paying for this and letting BCBS off the hook. They got stuck with a $120,000 payment for that surgery. (actual payment) But they tried to screw around with paying the hospital bill of $90,000. They had no reason other than just bureaucratic DELAY. I filed an appeal within the time limit to preserve my rights and......BINGO.....they paid the bill, no problem. I figure I got them for about.....TEN YEARS....of outrageous premiums that I had paid......and....I was happy to pay the deductible. Blue Cross Blue Shield to issue $2.67 billion settlement payments: See if you're eligible https://finance.yahoo.com/personal-...payments-see-if-youre-eligible-164529666.html
Regarding NVDA......I actually think that they will make.....as much or MORE..... money from self driving vehicles and robotics than anything else......in about 10 years or so. I rarely see much about this but they are set up to DOMINATE these industries.
I will be EXTREMELY to see this happen. it is way past due. The quarterly earnings reports do NOTHING. They are simply fuel for the speculators, gamblers, short traders, market manipulators, and AI traders. Goodbye quarterly earnings? Here’s when traders believe this big change will happen https://www.cnbc.com/2026/05/06/kal...end-mandatory-quarterly-earnings-reports.html The answer is by....APRIL 2027.
I agree. That is why I am not hot on selling my shares unless something huge happens. I totally see myself using free funds to open an AMD position though. That and I do not want to give our corrupt government one penny in capital gains.
The BIG close today. Dow rises 600 points as oil retreats on Iran deal progress; AMD jumps after earnings https://www.cnbc.com/2026/05/05/stock-market-today-live-updates.html
A HUGE day for me in my stocks. I may as well make money off the earnings of stocks that I dont own. Thank you AMD and other earnings beats that drove the markets today. I had two red stocks at the close...COST and PLTR. I also...beat the SP500 with my stocks today by....0.91%. A new ALL TIME HIGH for me today in my primary account. Probably in all the accounts that I manage.
There is NO WAY.......AI is a bubble. In fact it is a historic social, cultural, business and investing event...on a par with the "Industrial Revolution". AI's Potential Is a Signal That This Isn't Your Dad's Internet Mania https://www.realclearmarkets.com/ar...is_isnt_your_dads_internet_mania_1180887.html ".......the AI buildout carries real risks. Timing matters, and not every player will win. But if the pattern holds, today’s overcapacity arms race could end up as the foundation for the next long boom in productivity, innovation, and economic growth.The chaos today? It might just be the sound of the future getting built—faster and bigger than we can yet imagine."
So true......it is and should be....ALL ABOUT FAMILY. ESPECIALLY......as a driver of long term investing. Our family has a long....FIVE GENERATION....history of the older generations getting the new generation started properly in life. Other families might or might or might not. BUT......"YOU".......can be the first in your family history to start and secure the futurre for your kids and future generations. The Great Filter https://ofdollarsanddata.com/the-great-filter/ ......."I have no clue what financial investments my great-grandparents made, if any. But I know they invested to raise my grandparents. And my grandparents did this for my parents, who, in turn, did this for me. Your ancestors did the same for you as well."...... OR....if they did not...."YOU"....can now establish that tradition in your family. This article touches on investing and raising the next generation.....in the context of child birth, raising kids and.....MOTHERS DAY.
AND....remember.....besides family security and BOOSTING future generations......sometimes you simply deserve to have some FUN. Remember......"ALL WORK AND NO PLAY MAKES JACK A DULL BOY". How To Use The Work To Fun Ratio https://tonyisola.com/2026/05/how-to-use-the-work-to-fun-ratio/ Sometimes you have to REWARD yourself for all your hard work and discipline as an investor.
The market today....right now it is mixed with teh DOW in the red and the SP500 and NASDAQ in the green. A mild day compared to yesterday. S&P hits fresh record as oil continues pullback on hope U.S.-Iran deal is close https://www.cnbc.com/2026/05/06/stock-market-today-live-updates.html
An EPIC......and HISTORIC earnings season so far this time around. AND....I dont recall any of the so called "experts" predicting this ahead of time. AND....the MEDIA....dont even get me started.......they are so focused on their daily negativity....they virtually NEVER talk about REAL investing, financials and fundamentals.....especially in the context of long term investing. One of the S&P 500's best earnings seasons in 20 years comes with a catch https://finance.yahoo.com/markets/a...-with-a-catch-chart-of-the-day-100400357.html
A bit of economic news.....if anyone cares. US labor market stable as layoffs remain low https://finance.yahoo.com/economy/articles/us-jobless-claims-increase-less-123905205.html
AND....a bit more. US productivity slows further in first quarter https://finance.yahoo.com/news/us-productivity-slows-further-first-125739289.html
Oh yes....the Ten Year Treasury Yield......amazingly no one talks about this anymore. Up till about six months ago all the MEDIA talked about was the FED and interest rates. NOW....never mind. AND....in spite of all the cuts that the FED made.....the Ten Year YIELD is at......3.432%. The impact of all those FED cuts and all the zillions of gallons of MEDIA ink......NOTHING. Ok...I know there is NO media INK anymore.
OK....after looking at one of the accounts that I manage....I assume that I have a HUGE GAIN right now. Compliments of big moves in MSFT, NVDA, and PLTR....along with other stocks. I do have two in the red right now.....GOOGL and AMZN. Looks like a VERY NICE.....stealth rally......for me today. At least so far. BUT...it is a long day till the close.
YES......a "survey". These are mostly meaningless.....but...I do like this result....even if it means NOTHING. In my view it shows a much more NORMAL reaction to inflation in the 3% range. After all 3-4% is the historic NORM for inflation in a nice economy.d NOT....the BS 2% figure the FED likes to use. I find it AMAZING that with ALL the thousands of educated ECONOMISTS that are on or part of the FED and government......they continue to push and use the MADE UP.....2% inflation figure. To me it shows that you can NEVER trust these MORONS...if they are not even able to tell the TRUTH about the most BASIC of economic data....historic inflation rates in the USA. NY Fed finds stability in longer-run inflation views in April https://finance.yahoo.com/economy/policy/articles/ny-fed-finds-stability-longer-150127708.html
WE ARE MAKING MONEY NOW......LORI. AND....it feels good. We have seen a very nice, somewhat STEALTH rally, over the past 4 weeks. In spite of ALL the very DOUR commentary and fear-mongering articles in the financial media.....investors with a long term focus on great companies are making GOOD MONEY. I am once again at a NEW....ALL TIME HIGH....right now. AND....pushing toward a YTD gain in my entire portfolio of about 10%. I say....."pushing toward"...because I am not at +10% yet.....but I can see it right around the corner. I need to get there to establish a CUSHION....for the next inevitable time of market weakness.....whenever it chooses to happen. Over the short term....I can drop 5% to 10% quickly. Not too long ago...about four weeks ago...I had a total portfolio LOSS of about (-10%). I have now come back about.......+9%...... in about four weeks. That is a pretty DRAMATIC turn-around. BUT.....hey....I earned it by putting in ALL THE HARD WORK......after all I had to sit and do nothing but ENDURE the markets......since I am a fully invested, all the time, investor. Doing NOTHING and ENDURING......is exhausting. So....I am as usual....RIDING THE WAVE.
Pretty sure.....SELL IN MAY AND GO AWAY.....is not going to end up being much of a strategy this year. Of course like ALL stock superstitions....it NEVER is. RIGHT NOW....we are seeing the typical mid-morning bask off in the markets. This is the first test of the day to see if we can maintain the short term positive direction....that we have seen BUILD since the open.
