If I was being forced to pick a turn-around stock....with a gun to my head.....I would probably pick NKE. I think the company is NOW on the early point of the right track. NO.....I am not going to buy any shares....but....I will watch the company. What I see and hear from the new CEO is in my view the right approach. BUT....time will tell how long it takes to recover from the prior IDIOTIC policies and their lingering impact. It will take a basic....CULTURE CHANGE....up and down through the company to turn things around.....and culture change.....can take a long time to happen. Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says https://www.cnbc.com/2025/10/06/nike-ceo-interview-elliott-hill-turnaround.html I am guessing that this company is at least 1-2 years away from investors being able to tell if it is going to be able to recover from all the baggage that is still dragging on the company.
Like many seniors I am waiting right now for the release.....about mid October..... of the 2026 Social Security cost of living number. The shut-down may delay the release of the cost of living percentage......for 2026. Not that it matters.....the number WILL be released and the actual increase will not happen for seniors till their payments in January of 2026. I still see that it is strongly expected that the increase will be.....2.7%.
This is good news for the future for COSTCO. Nearly half of Costco's new members are under 40 as retailer bucks industry traffic decline CFO credits online sign-up process for demographic shift while retail traffic declines industry-wide https://www.foxbusiness.com/lifesty...er-40-retailer-bucks-industry-traffic-decline
I have not looked....but I can tell from the ticker that I have four storks green and four stock red at this moment. BUT...since two of my green stocks are NVDA and PLTR....I obviously have an early BIG gain today. PLTR is up very nicely.....$6.56.....or....3.65%. It has now basically....ERASED....all the losses of last Friday....when the market manipulators....... made a major attack on the company with a BS story that the media....like the lemmings they are....picked up and ran with. The low last Friday....about $172.57......the price now.....$185.71. AND....I find it interesting as well as FUNNY.....that all the writers that were pushing panic last Friday are now TOTALLY MUTE. Not a peep. The story line they were pushing......(see prior posts in here from last Friday).....was a ONE DAY story.....as was the drop in the stock. It is OBVIOUS that the markets have now TOTALLY discounted what was being reported. What I.....also..... find interesting is that someone like little old "me".....was able to find out the truth in about 15 minutes of searching last Friday.....( see prior posts in the thread)....and KNOW that the story being pushed was total BS. What does that tell you about the media? Well it says....they either did not do any research at all into the basis of the story......OR......even worse......they did not care what the truth actually was and knowingly went along with being manipulated by short term traders in return for.......yes, you guessed it......money from clicks.
So there we have the open and early markets today. I note that right now we have lost all the gains in the big three averages. the DOW, SP500, and NASDAQ are ALL red at this moment. Time to sit and wait for the day and the markets to settle in.
GOLD.....now at $4006 per oz. AMAZING. I like to buy an American Gold Buffalo coin.....once in a while, just for fun......usually 1 per year and usually in January. BUT...I will not be guying any at these elevated prices. I did not buy one last year either. I dont consider "metal" an investment.....although my metal that sits.....off site in a big safe....is way up in value. Since it just sits there and does nothing....I will no doubt ride it up to wherever it goes.....and all the way back down to wherever it goes.
I like this little article. I also agree with....."who cares". As modern investors we are constantly hit with more and more data that is supposedly important. The vast majority is not relevant to investing or the markets. It is mostly short term noise. NO....I do not fear FLYING BLIND......that is the norm. In spite of how much data we now have and how much coverage there is of the markets.....NO ONE....can predict the market future......short term or long term. NO ONE has a clue what the markets are going to do between now and year end. That is why I simply rely on the PROBABILITIES of long term investing. FLYING BLIND....is the norm. If you think you are not flying blind.....most of the time....you are fooling yourself. Humans love the security of.....thinking.....they know why things are happening and the MYTH of being in control. Weekly Market Pulse: No Data, No Problem https://alhambrapartners.com/weekly-market-pulse-no-data-no-problem/
I was green in my stocks for most of the day but lost it in the last hour or two. I ended the day with a mild/small loss in my stocks. BUT...at least I beat the SP500 by 0.13% today. A pretty insignificant week for me so far.
A MIXED open today with the DOW red and the SP500 and NASDAQ currently green. Basically.....same old....same old...today as we continue to move quickly toward EARNINGS. The week of October 13 will be the primary big kick off to earnings with the usual banks starting things off.
A "fun" little article. Looks like about $1.5MILLION to $2MILLION is about the right figure to target for retirement....in addition to Social Security and any other pensions or benefits. With that amount of money you could buy a pretty hefty lifetime income annuity....probably in the range of about $125,000 to $160,000 per year for yourself and a spouse.....FOR LIFE. $1.5M is a retirement 'magic number.' Here's how long it lasts in every state https://www.usatoday.com/story/mone...-social-security-florida-arizona/86550681007/ The big key.....NO DEBT.....if possible.
Since we are playing with and talking about FANTASY numbers....here is your salary needed for a $1MILLION house. This Is the Salary You Need to Buy a $1M House Home prices have appreciated at a staggering pace over the past few years, and million-dollar properties are becoming more commonplace than luxury. Here's how much you should earn to afford a $1 million house. https://money.usnews.com/loans/mortgages/articles/salary-to-afford-a-million-dollar-home
You know...."feeling rich"...is an ever moving target. As we did better and better over our lives we never hit the point of....feeling rich. Of course we were by many of the measures and standards of society.....but our mind set and thinking just did not allow us to....feel rich.....and give up on striving in life. We have NEVER changed our mindset towards saving and investing either. Why You Don’t Feel Rich https://awealthofcommonsense.com/2025/10/why-you-dont-feel-rich/ I continue to be AMAZED at the amount of money that seems to be out there now. The cars and houses and other things that people buy with....CASH........and how young the buyers seem.
PROBABLY good news for people in both countries....at least in my "little" world view. Of course since I am not a citizen of either country...... I probably dont have a very accurate view of either country. AND....my comment is simply from the standpoint of business, economics, and investing. The Revolving Doors Turn Again Japan gets a new prime minister as France unexpectedly loses one. https://www.fisherinvestments.com/en-us/insights/market-commentary/the-revolving-doors-turn-again
The markets have now turned ALL green. HERE is the start to the day: S&P 500, Nasdaq tick higher as Nvidia rises; market gains limited by shutdown worries https://www.cnbc.com/2025/10/07/stock-market-today-live-updates.html Shut-down worries? LOL....LOL....LOL. Who cares.
As to the above.....I note that the fear-mongering story of the moment is.....GASP.....the AI BUBBLE. Ok.....I will say we are in an early phase of the AI revolution. Much sorting-out will take place......and at times much consolidation. But...that is how the markets work....it is NORMAL. BUT.....we are at the very start of a historic revolution in business and society and for the world. There will be good and bad impacts of this change. BUT.....what are you going to do....go to cash? Re-balance? Avoid AI stocks? i prefer to be guided by the FUNDAMENTALS....company by company. I am a BIG PICTURE thinker....but on a company by company level.
As to the above.....basically....a nice wall of worry. A good thing for any bull market. 'Very speculative, very frothy, very greedy': Wall Street says stock market's rise to records poses risks https://finance.yahoo.com/news/very...ts-rise-to-records-poses-risks-140152048.html
HERE are some serious issues to consider if the current GOLD BOOM is calling to you like ......the sirens with Odysseus. I am NOT a buyer of gold or silver at the current prices.....but I do ENJOY the gains in value. Thinking of buying gold? Here's what investors should watch for. https://finance.yahoo.com/personal-finance/investing/article/risks-for-gold-investors-100015304.html
Speaking of the AI BUBBLE. Goldman Sachs strategist: No stock market bubble, yet https://finance.yahoo.com/news/goldman-sachs-strategist-no-stock-market-bubble-yet-130324119.html The IMPOSSIBILITY of predicting the future....is a big reason why I ONLY invest in what I consider the CREAM OF THE CROP.....of companies and individual stocks.
As to the current...... BUBBLE TALK......mentioned above. Bubble or not, AI continues to draw billions in investments https://finance.yahoo.com/news/bubb...o-draw-billions-in-investments-124713161.html
