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I like this little article. 7 Questions I’m Pondering https://awealthofcommonsense.com/2024/07/7-questions-im-pondering/ (BOLD is my opinion OR...
More good news for a rate cut in September. US manufacturing gauge drops to eight-month low...
A good start to the day.....Ten Year Treasury.....3.98%.
HERE is a more complete picture. Meta shares pop on revenue and earnings beat, better than expected forecast...
I have no plans to.....ever...own META. But here are their earnings since they ARE one of the Magnificat Seven. Here is the first available...
A HUGE one day gain for me today. Eight of nine stocks in the GREEN. Only MSFT was red today down by a bit more than 1%. I also beat the SP500...
Looks like MSFT is also helping NVDA today. Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast...
BUMMER for those that were scared out of the stock yesterday. Nvidia stock soars 10% after strong AMD results, bullish call from Morgan Stanley...
As to the FED....a non-event as expected. In fact not even much coverage of them leading up to today. Fed holds rates steady and notes progress...
The icing on the cake today.....the Ten Year Treasury is down at about 4.1%.
A good day for me today. I have a single stock in the RED.......MSFT.....of course. YAWN.....
Really all I can say is......you have to love the IDIOCY of the short term. AND.....if you are smart you will not get swept up in it all.
If you are into economic data....here you go. BUT....I can guarantee you that no one will know about or care about this report today. Private...
This is the perfect example of the STUPIDITY that I am referencing above. Google shows investor patience with Big Tech's AI spending might be...
The OBVIOUS story of the day.......and....not like this is shocking after the unjustified drop in NVDA yesterday. Stocks rally before Fed...
Speaking of AI. The reaction to the MSFT earnings is just IDIOTIC. The earnings report was a good BEAT. Picking out one little bit of the...
I can not see this entire article....but what I can see.....says it all. "AI trained on AI garbage spits out AI garbage"...
I like your portfolio plan....TireSmoke.
We are basically in a....rolling summer correction.
No surprise here......it did not matter what they reported.....the markets will never be satisfied. Microsoft shares drop as cloud miss...
