WAKE UP.....FED. You are behind the curve. BUT...there is ZERO chance they will do anything before May. The FED is hopelessly mired in politics right now. Last month was the worst January for layoff plans since 2009: Challenger The layoff data follows major job cut announcements from Amazon https://finance.yahoo.com/news/last...ff-plans-since-2009-challenger-131244531.html
I will NOW exit this site for now. I refuse to waste time talking about IDIOCY. I would rather go and do other things today while I sit and wait for SANITY to return to the markets some time in the future.
FOR SALE: Beat up and beaten down old stocks for sale. Inquire at your broker. No reasonable offer refused. Here is the stocks that I consider a......FIRE SALE....although there is "possibly" more room to drop in this IRRATIONAL, down momentum, short sellers, market. Well make that a......."DUMPSTER FIRE SALE". MSFT.......6 months.......(-25%) AMZN......3 months.....(-10.37%) PLTR.......3 months.......(-30.68%) NVDA......3 months.......(-12.37%)
DUH.....this massive short term drop....is way overblown. Just look at the recent EARNINGS. You know "earnings".....those things that companies report every quarter. You have heard of them right? They are those things that old time investors used to use to measure the success of their companies that they owned. Yeah I am talking about WAY BACK.....in the ancient days of investing. I am talking about way back in the old days....before we realized that what was really important was...... all the media fear-mongering and rumor-mongering and made up drama. And all the manipulative BS that the short sellers and other traders and insiders float every day. NOW....that is something that investors can real rely on. Forget those pesky.....old fashioned....earnings. Come on....join the COOL KIDS of investing.....earnings are for CHUMPS. Big Tech CEOs seek to quell AI worries hammering software stocks https://finance.yahoo.com/news/big-...ries-hammering-software-stocks-170124972.html
You are talking to the wind......it is a NEW NORMAL. From now on just take your business advice from the MEDIA....they are experts in "business"....of course. After all.....they tell us so every day. 'I can do it in math': Wall Street's private credit giants try to calm AI fears amid steep software sell-off https://finance.yahoo.com/news/i-ca...s-amid-steep-software-sell-off-165544679.html "For those on the call that are thinking Fortune 500 companies are going to take all their software and just rip it out and just say, 'I'll just ask ChatGPT,' that's simply not the way it works. Don't take my word for it again. We're not technologists. Take Jensen Huang's words for it," Blue Owl (OWL) co-CEO Marc Lipschultz said on the company's fourth quarter earnings call Thursday morning." .......... "Of course, I can do it in math," Lipschultz said. "But there's no relation to any practical statistic that would lead to anything other than ... a lower return for a year, [or] you get a lower return for a couple of years." The executive added that one would "have to destroy 70% of the value of every one of these software companies" for the current losses being priced in by the market to come to fruition." I put this up here as GENERAL commentary. I DO NOT follow any of the companies in this article....including Blue Owl.
Of course they are......this is what business does. NO....they do not just follow the media BS. I guess they just did not get the MEDIA message that their company is wiped out. The AI that spooked the stock market just got a big update https://finance.yahoo.com/news/ai-spooked-stock-market-just-174546333.html
HEY.....AMZN owners.....run for the hills. It is earnings day. Tomorrow the stock will drop like a rock. Only two hours till........the ZOMBIE APOCALYPSE....for AMZN. Barricade the doors.....get out the silver bullets......stock up on stakes and crosses......cover everything in garlic.....make sure all your windows and doors are protected with salt. Tomorrow...we all die.
I'm out for a week and the place really went to sh*t! All with positive earnings and guidance! What gives! I guess we just have to sit and ride this out like we have in the past. I be retail will buy the dip. I know I'm adding monthly in my 401k and HSA.
As we wait for the close and the AMZN earnings I will mention.....off topic: The other night I put up a post about my son's new job. I deleted it soon after since I thought it was....TMI......and I was afraid it might actually cause someone else to be SCAMMED. My son "was" a Senior Director at a large Insurance company. His new job is as a VP at a larger Insurance company. The really great news....it is a $150,000 pay increase. At his old job he was pretty well stuck as a Senior Director since there was only a single VP job above him and the holder of that job is not retiring any time soon. His new job....is REAL....but fits many of the criteria of a SCAM that is common on LinkedIn. He was solicited on LinkedIn....out of the blue... to apply. He was not actively looking for a new job. It is a HUGE pay jump. It was out of the blue and seemed too good to be true. Communication, at first, was via LinkedIn. Etc, etc, etc. LinkedIn has a HUGE issue with Job Scams that are seeking personal info or to get people to pay for various things involved with applying, or are "resume service" scams. As I read that post the other night I was afraid it would encourage or cause others to get SCAMMED on LinkedIn. So I ditched it. Of course he was very WARY at first but. He applied on the REAL company website He paid nothing out of pocket. There were many...remote but in person... interviews involved. He did a free background and drug check. He talked with his new boss by video on many occasions. He double checked the whole process. He actually dealt with HR at the new company. He is a high level person in his specialty and knows all the language of the job and work. he was aware of LinkedIn job scams. Etc, etc, etc. So a heads up.....there is RAMPANT job offer SCAMS on LinkedIn and other sites....DO YOUR HOMEWORK and TAKE EVERYTHING WITH A BIG GRAIN OF SALE. BUT.....there are some legitimate job offers on there also....as we just saw.
GO HAWKS.......for oldmanram. YEAH....TireSmoke. You took your eye off the markets for a week and it all went to HELL. NOW....I am going to be out of touch for this Friday and next week. PLEASE....make sure I come back to good gains. I am holding you responsible.
YES.....another big loss for me today. Only one GREEN stock....COST. Plus I got hammered again by the SP500 by 0.65%. (insert appropriate obscenity here)
A good little article. Of course I go..... ALL IN...ALL AT ONCE....when I have a chunk of cash to invest. That is the best probability according to the academic research. BUT....most people simply can not....PSYCHOLOGICALLY.... stand to do this. Investing a Lump Sum of Cash in This Market https://awealthofcommonsense.com/2026/02/investing-a-lump-sum-of-cash-in-this-market/ Whatever plan you follow...at least get that money to work in the markets. This is why I ALWAYS....go all in immediately. "A lump sum into the market makes more sense from a probability perspective because most of the time the stock market goes up. Since 1928, the US stock market has been up in 73% of all years. Since 1950, the stock market has been positive in 80% of rolling 12 month periods." And the research tends to show that even if you get in at the absolute worst time....if you are long term with that money...you will be ahead.
AND....of course. What in the world makes everyone think ALL these companies are MORONS when it comes to spending their pot of money on AI.? Or is the market the real....MORON? My bet is on the short term markets being the actual....MORONS. Of course the short sellers are instigating this behavior. Amazon tops Q4 earnings, but $200B projected capex spending sends stock sinking https://finance.yahoo.com/news/amaz...x-spending-sends-stock-sinking-173054002.html "Cloud giant Amazon (AMZN) reported its fourth quarter results after the bell on Thursday beating Wall Street's expectations on the top and bottom lines. But a miss on its Q1 operating income estimate came up short and a massive expansion in capex for 2026 sent shares plunging." AND.......we all clearly now know....GOOD EARNINGS....no longer matter in the markets.
AMZN....down by at least 10%. I would not even call this mixed earnings....I would call this a BEAT. But...that is "me". Amazon stock falls 10% on $200 billion spending forecast, earnings miss https://www.cnbc.com/2026/02/05/amazon-amzn-q4-earnings-report-2025.html "Amazon shares plunged more than 10% in extended trading Thursday after the company posted mixed fourth-quarter earnings, and boosted its full-year spending forecast to $200 billion. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $1.95 vs. $1.97 estimated Revenue: $213.39 billion vs. $211.33 billion estimated Wall Street was also looking at other key revenue numbers: Amazon Web Services: $35.58 billion vs. $34.93 billion expected, according to StreetAccount Advertising: $21.32 billion vs. $21.16 billion expected, according to StreetAccount"
WELL...thank God...... we are done with big tech earnings for a few weeks till NVDA. We cant take much more of this in the markets. YES...the markets are.....tired of WINNING.....so now they refuse to WIN......no matter what. I would hate to see where we would be if all the big tech earnings were bad.
