The Long Term Investor

Discussion in 'Investing' started by WXYZ, Oct 2, 2018.

  1. WXYZ

    WXYZ Well-Known Member

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  2. WXYZ

    WXYZ Well-Known Member

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    Two stocks RED for me today right now....AAPL and NVDA.
     
  3. WXYZ

    WXYZ Well-Known Member

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  4. WXYZ

    WXYZ Well-Known Member

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    Looking at a chart of the SP500.....the little nasty correction that we just went through ended on November 20th. Since that day the SP500 has steadily been rising to where we are now. Of course what I am calling a CORRECTION for most stocks and the big averages did not hit a loss of 10%.....the traditional definition of a correction.

    We are in a TWO WEEK.....broad based....market GAIN. Somewhat of a STEALTH RALLY....since most people are probably still unaware.

    NOW.....we need to keep this slow and steady market rise going for the next 3 weeks to year end.
     
  5. Strathmore

    Strathmore Member

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    This made me thinking about what companies will be "The Ten Largest" in next few decades. Definitely, Tech companies won't be dethroned for some time. Interesting to see how IBM fell from the top in 1990 to the 10th place in 5yrs, who would expect that.

    [​IMG]
     
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  6. WXYZ

    WXYZ Well-Known Member

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    Yeah poor IBM......they screwed up royally by thinking that an operating system was nothing and giving that business to Microsoft.

    They were also hated in the business world for being TOTALLY ARROGANT....as hell.
     
  7. WXYZ

    WXYZ Well-Known Member

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    Today I had a small gain. I had three stocks in the red....COST, NVDA, and AAPL. I lost out to the SP500 by....0.03%.
     
  8. WXYZ

    WXYZ Well-Known Member

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    For the week....my march back toward my all time high continues with another gain for the week. It is a STEALTH RALLY.

    As of the close today my year to date gain for my entire portfolio is at....+28.07%.

    Last week my entire portfolio was at year to date.....+26.79%.

    MOVING ON UP. I am asking nicely....can we PLEASE have a SANTA RALLY this year?
     
  9. WXYZ

    WXYZ Well-Known Member

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    HAVE A GREAT WEEKEND EVERYONE.
     
  10. WXYZ

    WXYZ Well-Known Member

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