Of course....the comments from Dimon are impacting the markets today. it is so nice that he wants to help everyone with his views....I am sure his comments are never based on SELF-INTEREST. Yeah right. Stock market today: Dow, S&P 500, Nasdaq wobble as Trump tamps down China threats amid regional bank jitters https://finance.yahoo.com/news/live...ats-amid-regional-bank-jitters-000232728.html
It certainly.....feels like.....to me that earnings are coming in really well. But we will get some data this weekend. I expect the data to confirm what I am feeling. I know the expectation is for the SP500 companies to show an increase of 7.9% in EPS this time around. Seems to me we are probably above that so far.
Not that I trust of believe anything that comes out of MOODY's....but....here you go. Moody’s says the banking system, private credit markets are sound despite worries over bad loans https://www.cnbc.com/2025/10/17/moo...are-sound-despite-worries-over-bad-loans.html
The markets and the financial media are TOTALLY focused on negativity right now. They jump on and run with any story with the slightest hint of negativity....often with ZERO fact checking or research. The markets are as skittish and jumpy as I have ever seen them over many decades. REALITY does not matter. This is being AMPLIFIED by politicians and politics. It is creating a very dangerous market and environment. FACT does not matter........as the media runs with the slightest negative rumor we are seeing big sudden drops in the big averages recently. I see the current conditions as perfect for a nasty correction based on....nothing. A self-fulfilling prophesy correction. AND....when it happens it will be caused by the....."professionals"....as usual. The constant and relentless fear-mongering and negativity is severely impacting the markets and the countries general psychology right now.
The reality is....today is about as low and slow of a news day as you will ever see in the markets. NOTHING negative is going on at all. We are just DRIFTING along in a sea of distrust. The markets are stuck and probably exhausted by the recent constant turmoil driven by the media. In the old days you might call it CONSOLIDATION...although what we are going through right now is far from consolidation....it is rampant rumor mongering and a whip-saw market as a result. The AI bubble.....the regional banks....China......auto loans.....inflation.....etc, etc, etc. Every day it is relentless. I am a long term investor and I do believe that it is still possible to hide out in the long term and ignore much of the short term BS.......but.....if we continue along this path....we will see it start to impact even the long term.
I think so. At least so far in the early innings. Most of the large banks did well. Regional banks appear to have cleared the hurdle as well. I think their (regional) issue was some of them reported an increase in loan loss/some fraud. Those then got amplified by the media a bit and as usual it carried over into banking in general.
Yeah, there is a lot of noise out there to pick from at the moment. I was thinking a bit about some of it the other day and wondered something similar...."Are we going to talk ourselves into it eventually?" LOL. Sometimes it seems that way.
Sure enough. I think we (US) would like to reduce our dependency to some degree and limit some of that imbalance with supply chain issues. We are not going to be able to just dismiss them from a trade standpoint. It sounds nice and all, but most of it is political theater from both countries. Both countries "rely" on the other to a certain point. The #1 and #2 spot on the largest world economies are occupied by the two. The strained relationship is nothing new to either side. We are not going to fully "kick" them to the curb and likewise on their side.
The markets were absolutely....INSANELY WILD....today. Jumping around from green to red and back to green. Extremely erratic and confused. BUT by day end I finished with a nice large medium gain.....close to a big gain but not quite. A single stock down for me today....AMZN. I also beat the SP500 today by 0.20%. Simply a RIDICULOUS week.
BUT....for the week....I did way better than it felt. At the close today my entire portfolio was at....+23.14%....year to date. Last Friday I was at.....+21.51%....for my entire account year to date. I will certainly take it.....not that I have a choice.
This is how we ended the day and the week: Dow, S&P 500, Nasdaq notch weekly wins after volatile week as Trump signals China talks back on track https://finance.yahoo.com/news/live...nals-china-talks-back-on-track-182020560.html
After all of the constant noise and hand wringing, the market closes positive for the whole week. Sometimes the reaction and perception by investors is disconnected from what the market actually does.
WELCOME HOME......and may this just be the first of many, many, plants here in the USA. We need a cushion for the inevitable day.....no matter how far away.....when China decides to take over Taiwan. Nvidia unveils first Blackwell chip wafer made with TSMC in US https://finance.yahoo.com/news/nvidia-tsmc-unveil-first-blackwell-200512383.html
