The real news that has the TOTAL attention of the world outside the USA......ENGLAND VS ARGENTINA. Today at 3 PM ET. Come on......LORI.
I am NOT surprised that ALL the big averages are now RED. There has not been any energy in the markets at all today from the open to now. The good news today was not enough to do anything in the markets. it never is. Good news does not count. BOOMING earnings...never mind.....there is always some negative news item that counts for more....even if it is made up BS. That is just the current state of the short term markets. A mild WASTELAND as usual. So I hide out in the HOPE and PROMISE of the long term. As the markets continue to squander great earnings and fundamentals in favor of meaningless media drivel and gambling.....we continue to simply DRIFT. One of these days we are going to see a NEGATIVE year. Not that this is shocking....it is simply NORMAL. Once in a while the markets simply go down. So.....IGNORE and ENDURE......for the long term. What else are you going to do....become a trader or gambler? NOT ME.
The GOOD NEWS.....even though we have hit many new all time highs this year.....prices of many ICONIC companies have been on sale off and on all year long. A great time for investors to double down or add to positions in the markets. AND.....that is exactly what we have seen little retail investors doing as usual. BRAVO....for the little retail investors and us long term investors. We are the GUTS of the markets and without us there would be NO MARKETS.
My EARNINGS DATES if they don't change. GOOGL..............7-22-26 MSFT..................7-29-26 AAPL..................7-30-26 PLTR..................8-03-26 SPCX.................8-05-26 NVDA.................8-26-26 MU......................9-22-26 COST..................9-24-26 AMZN..................9-30-26
Well I ended up with a strong....medium gain in my stocks. Six green and three red. the red being....SPCX, MU, and COST. I also beat the SP500 by....0.61% today.
It seemed like a strange day in the markets today. Even though I got a good gain in my stocks...the day never seemed settled. It was like the markets were just waiting for some excuse to sell off....which never came.....so they went up a bit but with ZERO enthusiasm. Stocks close higher on Big Tech gains, encouraging inflation signs https://www.cnbc.com/2026/07/14/stock-market-today-live-updates.html I will take it even if the market is NOT very confident. I have been making money since the low of about 3 weeks ago....whenever it was. It feels like it is a constant chore to make money right now....but it is happening. Of course by chore I mean.....MENTALLY....since I am actually doing nothing as usual. I remain fully invested for the long term as usual.
Even though it has been....SLOW .... lately in the markets....we are at least going up. UP is good.....even if how we get there is ugly. So lets keep it going for another two days till.....TGIF.
It is very common for me, a middle class blue collar worker to hear from other friends and coworkers that they are becoming day traders and making easy money etc etc. The average guys is now setting ip computer systems to make high speed penny trades to make a few hundred dollars here and there, or per day as they claim. I wonder how long it’ll be until they learn a hard lesson as I just surely know 99.999999% of them will
Well Lori, the clock struck midnight it appears on England. They were close. Still a reason to be proud of your team though.
On to the markets. I just don’t get all of the angst and whining this year. You’d think we were in the depths of a bear market. I can’t imagine the amount of pearl clutching that is going to occur when one actually shows up again.
Thanks W & Smokie. We have a very disappointed country this morning. The manager is under HUGE pressure for some tactical decisions he made during the game last night. He's getting crushed here today. We had a good run, but it's all over for another 4 years. Well done to you guys for hosting a fantastic tournament. It's been one of my favourites.
My open today with my stocks reminds me of yesterday and many other recent days. I am no doubt red due to my large holdings NVDA and PLTR being in the red. At least it is early in the day and there is always HOPE for a change as the day progresses.
It is OUTRAGEOUS that this is even allowed outside a CASINO. AND...it is even more outrageous that this GARBAGE is registered under the....Commodity Futures Trading Commission. Of course many of the products that are futures traded are thinly veiled GAMBLING and have been for years before we ever had prediction markets. The dark side of prediction markets is getting even darker https://thehill.com/opinion/technology/5968227-insider-information-prediction-markets/ ....."gambling becomes tarnished when the outcomes are not uncertain, but rather predetermined or controlled by one or more people in positions of power or influence. Welcome to prediction markets, which facilitate such gambling. "......
YES.....we are so lucky to have LORI, RG, and the other outside the USA investors on this thread. They are RARE investors in their countries and the world. Are Europeans finally becoming stock investors? https://klementoninvesting.substack.com/p/are-europeans-finally-becoming-stock ....."The study by researchers from Italy shows that by November 2024, more than 50% of German households were investing in stocks or stock funds, up from about 40% in the middle of 2020. Across the Eurozone, participation rates rose from about 30% to 40% in the same period.".....
I like the TITLE of this little article since I have been RIDING THE WAVE for over 50 years. I am a true GREY-BEARD......no I dont really have a bears.....wave rider. I also like the sentiment expressed and HOPE.......hope is not a great investment strategy......that the sentiment in the article comes true. MIDYEAR OUTLOOK 2026 STILL RIDING THE WAVE. https://www.carsongroup.com/insights/blog/2026-midyear-outlook-still-riding-the-wave-is-here/
THIS is why so many people are so down on the markets right now. Part of the problem is that the stocks being punished are putting up massive earnings numbers and the markets simply do not care. $3.2 trillion rotation from chips to the 'Magnificent 7' has left the S&P 500 going nowhere: Chart of the Day https://finance.yahoo.com/markets/a...going-nowhere-chart-of-the-day-100000821.html NVDA today and over the past month is the POSTER CHILD for this trend.
OK......obvious and incredibly stupid....but....we are now going to see the MEDIA fear-monger every SPCX test flight. "TEST" flights are just that....part of the normal process of failure that leads to the development of new and better rockets. I think the progress that SPCX has made on these BIG ROCKET flights in such a short time is amazing. SpaceX stock under pressure with first test flight since IPO tonight https://finance.yahoo.com/markets/s...-test-flight-since-ipo-tonight-140052308.html REALITY....NASA does not even exist anymore and has not been a viable space agency for decades. If not for SPCX we would still be sending our USA astronauts up on Russian rockets.
MORE information that the markets will IGNORE. GOOD NEWS does not exist in the tech side of the markets. TSMC raises capex and revenue forecast, highlighting growing AI chip demand https://finance.yahoo.com/markets/a...ighting-growing-ai-chip-demand-113101950.html
The market today.....the SP500 and NASDAQ are RED. Dow rises, S&P 500 and Nasdaq fall as chip stocks slide amid AI jitters https://finance.yahoo.com/markets/l...p-500-nasdaq-chip-stocks-slide-103116735.html This....."AI JITTERS".....BALONEY is ridiculous. AI is sweeping into everything. AND we are just at the start of this HUGE sea-change in business and society.
