YES they are.....for now. The Mag 7 is Losing? https://awealthofcommonsense.com/2026/07/the-mag-7-is-losing/ ....."Nothing outperforms forever. Expectations change. Investor flows go to where there is value or momentum. The winners never win forever. Even the biggest, best corporations in the world underperform sometimes."......
No BEAT is ever good enough......anymore. Samsung's 19-fold rise in profit fails to impress investors as AI chip stocks fall https://finance.yahoo.com/technolog...vestors-as-ai-chip-stocks-fall-120636336.html
AND....after the above.....the markets pay the price today. Dow hovers at 53,000 as chip stock weakness holds back market https://www.cnbc.com/2026/07/06/stock-market-today-live-updates.html It is ALWAYS something.
Just a BASIC RED market today. Nothing is ever good enough. The MEDIA is never satisfied. The traders are never satisfied. Good news is ALWAYS....bad. Bad news is....bad. Once in a while some....."good feeling"....slips out....somehow. We are now in a market with massively negative....expectations and skittishness....that are often at EXTREME variance with......REALITY.....and fact. So.....we just sit and wait.....to see if this environment is going to drag a GREAT earnings year down.
With Portugal gone (well deserved defeat, we played 0 against Spain) I will also suporte England, out oldest ally!
Typical....as usual fundamentals do not matter....it is ALL about the media story-line. Micron, Samsung, SK Hynix just dragged memory stocks into a bear market https://finance.yahoo.com/markets/a...mory-stocks-into-a-bear-market-154549356.html "Micron (MU), Samsung (005930.KS), SK Hynix (000660.KS), and the Roundhill Memory ETF (DRAM) are all down more than 20% from recent closing highs, turning one of 2026's hottest trades into a bear market just as Samsung's record profit failed to impress investors. Samsung did not miss on earnings. Its estimates for operating profit of $59 billion and sales of $113 billion were monster numbers, which is what makes the sell-off more telling.".......
I guess analyst ratings dont matter either. SpaceX stock drops despite flood of bullish Wall Street ratings https://finance.yahoo.com/markets/s...of-bullish-wall-street-ratings-153809443.html
Hello all, praying ya'll are well. Mr. WXYZ, did I read in an earlier post that you have QQQ. Did you sell your funds to purchase or did you already own it. Just curious on your thoughts about QQQ? Thanks and congratulations on your approval for your album.
Earnings basically doubled but profit went up 10x. I'm a happy owner. Samsung brought capacity online in 25Q4 and 26Q1 but it takes time to fully ramp. That capacity will be hitting 26Q2 hard. Samsung earning guidance is for 50% profit increase in Q2. Meanwhile, there are two major expansion projects coming online this year and a third coming online in 27Q1. People who don't see the value in Samsung right now have not glanced at the balance sheet. I often wonder how many people the knife edge of just about every corporate financial situation. There are many industries that double profit and margin with a 5% production increase. This is an artifact of leverage. Computer memory is one of those industries. Of course, it also works the other way. A small down turn can make it impossible for a company to retool or do the things it needs to grow it's income. A small down tick can blow a company out of an industry.
Lately it has been ALL about my portfolio as a whole. Many days even though I have two or three or even four stocks down.....the other side of my portfolio either gives me a gain or keeps my loss very minimal. That was the story of my account today. Even though I see some big hits in individual stocks...my portfolio is saving me. Sooner or later.....NVDA, PLTR, MU, MSFT....etc, etc, etc,....will come back to reality and the reduced losses that my portfolio is giving me right now....will compound into some BIG GAINS. I am taking some hits but......thank you Mr Portfolio......they are not translating into significant losses and are not really impacting my year to date gain level. I have stabilized in the.....approximately.....+3-4% range right now.
I WILL be gone tomorrow and the rest of the week. Actually till Tuesday. I am going to....hopefully....totally IGNORE the markets. MAKE ME SOME MONEY.....PLEASE.
BigMaix. Yes.....I sold my holding in Fidelity Contra Fund....due to the long time manager of the fund retiring. I put those funds into.....QQQ. I want to have that money concentrated in the BIG CAP CREAM OF THE CROP universe. I see these approximately 100 companies as where I want to be in the current AI REVOLUTION. AND...it is a good fit for my lifelong investment plan of focusing on the BIG CAP world of stocks. I also believe that the NASDAQ 100 has a slight edge over the SP500 in recent decades. So....I now own BOTH the SP500 and the NASDAQ 100 in the form of QQQ. Actually....not a very significant change to my portfolio.
I am siting in the airport reading about....market IDIOCY. Nvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom Levels https://finance.yahoo.com/markets/stocks/articles/nvidia-1-trillion-slide-sends-084308296.html ......"The selloff has Nvidia, not long ago the hottest stock on Wall Street, trading at 18 times earnings projected over the next 12 months, according to data compiled by Bloomberg. The last time the shares were this inexpensive was early 2019. To get a sense of how dramatically it has fallen off, the erstwhile market leader is now cheaper than the S&P 500 Index, which is priced above 20 times forward earnings, and the technology-heavy Nasdaq 100 Index, which is at almost 23 times."..... As to when or if this will change......who knows. The modern markets are purely media momentum based and......disconnected from fundamental REALITY.
YES....this was commented on in this thread recently. "Experts" Quite Simply Don't Hold a Candle To Markets https://www.realclearmarkets.com/ar...ly_dont_hold_a_candle_to_markets_1193163.html ....."Observed the Atlantic in piece titled “Oil Prices Might Not Go Back to Normal Anytime Soon,” there’s “a big difference between reopening the Strait of Hormuz on paper and actually resuming the flow of oil through it.” Yet just over a week ago, the New York Times ran this headline: “Oil Prices Return to Prewar Levels, Four Months Later” and wrote in the article: “Oil prices have fallen to levels not seen since before the war in Iran started…” Now the “problem” appears to be not a supply shortage but a “glut.”'..... Morons at work as usual. NOTHING more I can say. Once the current little BLIP is over oil prices will sink like a rock.....and we will be back to GLUT talk.
I am divided. I like WXYZ's daily commentary but I notice that when he goes on trips the market goes up.... I see we have a couple QQQ followers. I have always been VGT mainly due to the lower expense ratio as well as better long term performance.
The Iranian war is back on. The conflict is significant. Meanwhile, oil futures are edging down. FedEx stock has edged down a tiny amount but nothing significant. I'd like to have another ride on the FedEx elevator. The media is busy getting bottom surgery when they should be explaining that Donald Trump has ruined a world that was perfect before he got here. Political note: I'm not much of a Trump supporter and I don't have a lot of respect for the man personally but the Trump hating is at such extreme, irrational, levels that I find the left position impossible to respect. Instead of respecting it, I intend to continue to profit from it.
