Well we are now.....CLOSED. it was a very good day for me and my nine stocks. I had eight in the GREEN.....only.....HD was in the red. I also got in a good beat on a UP day on the SP500 by.....0.26%. Very happy with the week.
I am not going to post five day returns since it was a 3.5 day week....but here is YTD. DOW year to date +5.57% SP500 year to date +7.00% NASDAQ 100 year to date +9.01% NASDAQ year to date +6.85% RUSSELL year to date +0.78% As for me I am now sitting at year to date.....+10.59%. Basically my one year goal of doing a minimum of 10% per year. BUT.....there is still six months to go...so we will see. I do believe that we are all lined up for a GREAT final six months to 2025. If we can avoid some nasty BLACK SWAN. The markets are looking very nice and NORMAL for the rest of the year. Earnings expectations are low and will be easy to beat. The economy is very good. Inflation is low in terms of the historical normal. Trade deals are flowing in and will increase over the next months. The big tax bill is going to be law today or tomorrow. Etc, etc, etc.
This headline says it ALL. Dow jumps more than 300 points, S&P 500 sets new record after strong June jobs report https://www.cnbc.com/2025/07/02/stock-market-today-live-updates.html "U.S. stocks rose on Thursday, with the S&P 500 and Nasdaq Composite hitting fresh record highs, after a better-than-expected jobs report fueled optimism the U.S. economy was hanging tough despite fast-changing trade policy and geopolitics. The Dow Jones Industrial Average advanced 344.11 points, or 0.77%, settling at 44,828.53. The S&P 500 added 0.83% to close at 6,279.35, while the Nasdaq gained 1.02% and ended at 20,601.10. Both the S&P 500 and the Nasdaq Composite also closed at records." MY COMMENT Sounds good to me.
A sign of the times. Looks like the EGG CRISIS is over. Egg surcharges end at chain restaurants, including in Oregon, as prices fall https://www.oregonlive.com/nation/2...rants-including-in-oregon-as-prices-fall.html A.....media....indicator of inflation. BUT...more accurately an indicator of the bird flue impacting flocks, supply/demand, and prices. I looked at our HEB today........a dozen large white eggs labeled HEB......$2.83.
Happy 4th to me! Topped a big milestone in my portfolio today. Time to celebrate. Hope you all can relax and celebrate America! Even Lori. You can join in
Another sign of the times. Here is our area of 4200 homes it seems like ALL the kids are now riding electric bikes that are tricked out to look like motorcycles. It has gotten so common that I am now SHOCKED to see a kid riding an old fashioned peddle bike. Kind of like how I am shocked to see bookcases of.....real books....in some homes now.
CONGRATULATIONS....Broteau. You are creating your own destiny with your investing. WELL DONE. And yes.......LORI......and our other friends in the EU and around the world.....should celebrate the 4th of July along with all of us here in the USA. After all she.....and they..... are supporting our economy by owning GREAT AMERICAN companies....while at the same time....benefiting themselves and their family.
LORI....RG.....and others outside the USA (sorry I am blank right now on the names of our other outside the USA friends that post here)......consider telling your friends and others about this site. It might be eye-opening for them to see the materials that are on these boards.....versus.....what the media tells them in day to day life.
Broteau.....I have seen you put money into NVDA and PLTR over the months. You must be doing very nicely. Are you willing to tell us about your portfolio and what stocks and funds and other "things" you currently hold?
Sorry....looks like the markets WILL be open on Monday. I thought that was a Monday type holiday day. So we ONLY get a 3.5 day break from the action.
This is a BIG ONE for me and other seniors in the news BBB. Tax break for seniors: Trump bill includes additional $6,000 deduction https://finance.yahoo.com/news/tax-...NjkhKeeD921JNsfT7Iwaj_I5aN1VhcSltGk41SkL6KN6I "President Trump’s sweeping domestic policy bill that passed the House on Thursday provides a $6,000 boost to senior citizens’ standard deduction from 2025 through 2028. The new temporary tax break — $6,000 for individuals and $12,000 for couples — is for tax filers age 65 and older. It starts phasing out for those who earn over $75,000 ($150,000 for couples)." With the regular "Standard Deduction".....plus the extra bit that Seniors get $3,600.....plus this $12,000.....we will be at about $45,000 in Standard Deduction. NICE.
A nice end to the short week again. We seem to be getting some traction from the slow start to the year. Haven’t checked specifics, but I figure I might be +8% or so at this point. Enjoy the long holiday break and celebrate Independence Day….249 years….a lot of candles for this birthday cake. Happy 4th.
Hello everyone, it's been long time since I posted here. Happy 4th of July. Today I visited a nearby town in my area and there was a Rockabilly festival. Live music, american flags and couple of american oldtimers. I've seen Buick Continental from 70's and Cadillac Deville. Those cars were massive, and it was funny to watch them tilt forward and back when they accelerate and brake. Sound of a V8 engine was a pure bliss. Have a great weekend everyone!
@WXYZ yesterday read on the news about heavy rains and floods in Texas; sadly heard also that too many lives were lost, some kids camping in a park; all well in your area? they also said during this weekend weather would still be harsh
YES....RG.....we are fine. We have been getting heavy rain....but we are in a safe area. The rain was needed to fill Lake Travis near our house.....but in some areas they paid a heavy price. Much of the sorrow and loss of life....especially the young girls at camp....is just outside San Antonio. The river there rose about 30 feet in an hour or less.
I am siting and waiting for the markets to MATURE into the day. At the moment we are seeing the result of the media fear-mongering of trade deadlines over the weekend...... especially on Sunday. Total BS.....that the markets would care in the slightest about any of this....."negotiation strategy". It is OBVIOUS that this will simply turn out to be NOTHING in the end. We saw this same trade deal negotiating strategy in the first term. We have been seeing how this trade negotiation strategy goes over the past 4 months. It is ALL a verbal carrot and stick approach....to push things along and create confusion in the negotiating partners......nothing more nothing less. It is simply.....NEGOTIATION PERFORMANCE ART. It works and is effective.....and......in the end will produce vastly better trade terms for the USA. BUT.....at the same time it is RIDICULOUS to fear-monger all the "talk" and "posturing". NONE of it will result in any real impact on the markets....other than.....for those that let the DRAMA push them to panic or take stupid action. Retail investors.....as usual....not doing anything but watching the circus. The professionals, the Hedge Funds, the AI TRADERS......are either short term trading the headlines and negative news content......or....actually jumping around based on stupidity and emotion....depending on the status of their trades.....(GUESSES). As for me....YES.....I continue to be fully invested for the long term as usual. I doubt that the BS driving the markets today will have any impact for even more than a few hours. I suspect that there is a good...POSSIBILITY....of a mixed or green close today. I dont have any TRUST that the open today reflects anything that is accurate for even one day. If you are long term in your investing....just watch and laugh.....watch and laugh.....at the markets being jerked around over NOTHING.
AND....YES....in spite of all the drama and media speculation......the tax bill is now law. There is much in that bill that is strong for business and will help the economy. I dont care about the politics of it.....it gives the people and businesses of the USA tax certainty. One thing BUSINESS loves is certainty.
