The Long Term Investor

Look in the mirror TARGET management.

Your decisions and actions over the past couple of years screwed your company and your shareholders. You lost track of your actual business and your customers to get all caught up in social and other issues. INSANITY on the part of management.

Target cuts profit outlook as shoppers look for deals, make fewer store trips

https://www.cnbc.com/2025/11/19/target-tgt-q3-2025-earnings.html

 

The....ART...story of the day. Although the art markets are not one cohesive whole. Western Art is on fire in the marketplace.

In any sort of collectable market it is all about.....QUALITY, QUALITY, QUALITY.

Klimt painting sells for record $236 million, reviving hopes for the art market

 

I see that my stocks are doing relatively well today....GOOGL, NVDA, PLTR, and AAPL....GREEN at this moment.

RED....COST, AMZN, and former holding HD. MSFT is bouncing back and forth from red to green and is on the bubble right now.

I personally consider MSFT a strong buy right now....due to the recent total disrespect of the company......which I see as IRRATIONAL. BUT...that is just me and NOT investing advice to anyone else.

 

Of course....what really matters will be the NVDA earnings after the bell today. I have no doubt the earnings will be EPIC.

The only question is how they will be....NIT-PICKED......as the markets try to "snatch defeat from the jaws of victory".

I imagine in regards to the above....anyone under about age 40 has no idea...where the little quote above comes from in terms of MODERN USA culture.....NFL FOOTBALL. Of course I TWISTED it above.

BUT this phrase or variations of it goes far back in history......perhaps as far back as the Romans.

AI tells me:

"The phrase "snatching victory from the jaws of defeat"
likely evolved from the earlier expression, "snatching life from the jaws of death," and first appeared in its current form in the 19th century. Its first recorded use was in an 1850 speech criticizing a claim made during the Mexican-American War. The expression's imagery of a near-death escape was adapted to describe any last-minute, seemingly impossible win against the odds.

• Origin of the "jaws of death" phrase: The expression "snatch life from the jaws of death" is older and refers to a near-death experience, similar to the modern idiom "jaws of death".
• Adaptation in the 19th century: The phrase was adapted to "snatch victory from the jaws of defeat" in the 19th century, with the first known instance occurring in an 1850 congressional speech.
• The context of the first use: A congressman used the phrase to dispute a claim that a particular regiment had "snatched victory from the jaws of defeat" at the Battle of Buena Vista during the Mexican-American War.
• Modern usage: Today, the phrase is used more broadly to describe any situation where a person or team wins a contest or battle at the last possible moment, even when defeat seemed certain."

 

COST has made a significant BREACH of the $900 per share level and is now at $876 a share.

This puts the stock in CORRECTION.....PERDITION....over the past six months with a loss of over 10%. Actually the stocks is DOWN over....1 day....5 days....1 month....3 months....6 months....YTD.....and 1 year.

I simply dont care I will NOT sell this company. AND....they are strongly positive over 3 and 5 years.

BUT....this is a HUGE wake up call to COST management.....YOUR STOCK PRICE IS TOO HIGH.....SPLIT THE STOCK.

The 52 week LOW is.....$871. We are very close to that point right now.

A GREAT company with a GREAT future......and...probably a very good entry point for those that do not own the stock yet......and are LONG TERM holders.

I bought some yesterday.

BUT.....of course.....NOT investment advice to anyone else.

 

I see that the DOW has now turned negative....the SP500 and the NASDAQ are now losing some ground...but are still GREEN.

Regardless of earnings from NVDA....the markets appear to be caught up in a..... NEWS MEDIA....and....POLITICS.....driven environment of negativity and self-loathing. A self-fulfilling and self-perpetuating.....cycle of collapse. A time period of total disconnect from FUNDAMENTALS...... PERDITION.

When this trend will be break is unknown.....it is a NASTY little event. I actually dont expect even GREAT NVDA EARNINGS to break this short term trend....although we might see a bump UP for a few days.

This is one of those market events that can not be timed. It will break when it breaks and it is not something that can be predicted.

In fact.....we might see this PSYCHOLOGICAL.....news driven dip....last for THE REST OF THE YEAR.....and wipe out any SANTA RALLY. It is impossible to predict.

What we are seeing in the markets right now is a....... minor reflection.....of the issues and media environment that are pushing the current move toward SOCIALISM and COMMUNISM.....in USA politics.

Over the next 5-10 years as AI guts employment......especially in the corporate world.....there will be GREAT potential for...SIGNIFICANT.... societal and cultural DISRUPTION. A very dangerous time....for the USA and the world

BUT.....as a little person.....what can I do...NOTHING. Just keep my head down and isolate myself and my family from the impact of events. The more crazy the short term gets....the more I have to hide out......and have hope for and positive feeling for..... the LONG TERM.

AND...actually for us and our family members.......LIFE IS VERY GOOD RIGHT NOW.

So....eye on the long term ball.....focus on the micro.....just my family......IGNORE everything else. Anything else.....NOT MY PROBLEM.

 

To continue the above.

We will know in....HINDSIGHT.....when CAPITULATION occurs in terms of the current emphasis on fear driven and negative thinking.

As to the BULL MARKET.....in fundamental terms..... it is very much ALIVE AND WELL. We will see how long the markets can IGNORE and DISRESPECT the fundamentals.

 

Part of the reason for the good GOOGL gains recently:

Alphabet Shares Soar on ‘Rave Reviews’ for New Gemini AI Model

https://finance.yahoo.com/news/alphabet-shares-soar-rave-reviews-161500411.html

 

I STILL own my little piece of one BITCOIN. About $1500 worth as a fraction of ONE Bitcoin.

BUMMER....Bitcoin has quickly fallen to.....$88,572. Not exactly a hedge against.....anything.

 

I ended with a middle of the range....big gain in my seven stocks today. AAPL, AMZN, NVDA and GOOGL were my GREEN holdings. I also beat the SP500 by....0.79%.

Typing this I put in....."my eight stocks"....than realized that HD was gone and I now only have seven.

 

YES.....I do LOVE a good SANTA rally. BUT lately have been disappointed by the December action compared to the OLD DAYS.

 

AND.....a big reason for the FED to cut in December. But..."REASON"....in not a hallmark of the current FED.

Is the 'no-hire, no-fire' labor market narrative breaking as job cuts mount?
The job market has been seen as frozen. That could be changing, thanks to job cuts.

https://finance.yahoo.com/news/is-t...ive-breaking-as-job-cuts-mount-192139088.html

“All the signs point to we’re moving from ‘no-hire, no-fire’ labor market to ‘no-hire, start-to-fire' labor market,” said Heather Long, chief economist at Navy Federal Credit Union."

As I have said many time recently.....the impact of AI on corporate jobs. The ramp up of job elimination from here will be HUGE.

 

I have been looking at the NVDA investor relations page.....dead silence. Not a peep.

 

The first bit of info I am seeing.

Nvidia shares rise on stronger-than-expected revenue, forecast

https://www.cnbc.com/2025/11/19/nvidia-nvda-earnings-report-q3-2026.html

Here’s how the company did, compared with estimates from analysts polled by LSEG:

• Earnings per share: $1.30 adjusted vs. $1.25 estimated
• Revenue: $57.01 billion vs. $54.92 billion estimated

Nvidia said it expected about $65 billion in sales in the current quarter, versus $1.43 in earnings per share on $61.66 billion of revenue expected by analysts.

 

What really counts is the REACTION of the media and others....more than the numbers. That is what I want to see,

 

HERE is more.

Nvidia stock soars after results, forecasts top estimates with sales for AI chips 'off the charts'

https://finance.yahoo.com/news/nvid...es-for-ai-chips-off-the-charts-153409018.html


A strong BEAT on the top and bottom lines....PLUS...strong Guidance.

“Blackwell sales are off the charts, and cloud GPUs are sold out,” CEO Jensen Huang said in statement."

The stock........up 4% on the news.

 

NOW...all we have to do is get past the actual question and answer session. And than....get past all the nit-picking.....that will take place over the next.....17 HOURS.....till the market opens tomorrow.