If I was being forced to pick a turn-around stock....with a gun to my head.....I would probably pick NKE. I think the company is NOW on the early point of the right track. NO.....I am not going to buy any shares....but....I will watch the company. What I see and hear from the new CEO is in my view the right approach. BUT....time will tell how long it takes to recover from the prior IDIOTIC policies and their lingering impact. It will take a basic....CULTURE CHANGE....up and down through the company to turn things around.....and culture change.....can take a long time to happen. Nike’s turnaround will ‘take a while’ amid stock slump, CEO Elliott Hill says https://www.cnbc.com/2025/10/06/nike-ceo-interview-elliott-hill-turnaround.html I am guessing that this company is at least 1-2 years away from investors being able to tell if it is going to be able to recover from all the baggage that is still dragging on the company.
Like many seniors I am waiting right now for the release.....about mid October..... of the 2026 Social Security cost of living number. The shut-down may delay the release of the cost of living percentage......for 2026. Not that it matters.....the number WILL be released and the actual increase will not happen for seniors till their payments in January of 2026. I still see that it is strongly expected that the increase will be.....2.7%.
This is good news for the future for COSTCO. Nearly half of Costco's new members are under 40 as retailer bucks industry traffic decline CFO credits online sign-up process for demographic shift while retail traffic declines industry-wide https://www.foxbusiness.com/lifesty...er-40-retailer-bucks-industry-traffic-decline
I have not looked....but I can tell from the ticker that I have four storks green and four stock red at this moment. BUT...since two of my green stocks are NVDA and PLTR....I obviously have an early BIG gain today. PLTR is up very nicely.....$6.56.....or....3.65%. It has now basically....ERASED....all the losses of last Friday....when the market manipulators....... made a major attack on the company with a BS story that the media....like the lemmings they are....picked up and ran with. The low last Friday....about $172.57......the price now.....$185.71. AND....I find it interesting as well as FUNNY.....that all the writers that were pushing panic last Friday are now TOTALLY MUTE. Not a peep. The story line they were pushing......(see prior posts in here from last Friday).....was a ONE DAY story.....as was the drop in the stock. It is OBVIOUS that the markets have now TOTALLY discounted what was being reported. What I.....also..... find interesting is that someone like little old "me".....was able to find out the truth in about 15 minutes of searching last Friday.....( see prior posts in the thread)....and KNOW that the story being pushed was total BS. What does that tell you about the media? Well it says....they either did not do any research at all into the basis of the story......OR......even worse......they did not care what the truth actually was and knowingly went along with being manipulated by short term traders in return for.......yes, you guessed it......money from clicks.
So there we have the open and early markets today. I note that right now we have lost all the gains in the big three averages. the DOW, SP500, and NASDAQ are ALL red at this moment. Time to sit and wait for the day and the markets to settle in.
GOLD.....now at $4006 per oz. AMAZING. I like to buy an American Gold Buffalo coin.....once in a while, just for fun......usually 1 per year and usually in January. BUT...I will not be guying any at these elevated prices. I did not buy one last year either. I dont consider "metal" an investment.....although my metal that sits.....off site in a big safe....is way up in value. Since it just sits there and does nothing....I will no doubt ride it up to wherever it goes.....and all the way back down to wherever it goes.
I like this little article. I also agree with....."who cares". As modern investors we are constantly hit with more and more data that is supposedly important. The vast majority is not relevant to investing or the markets. It is mostly short term noise. NO....I do not fear FLYING BLIND......that is the norm. In spite of how much data we now have and how much coverage there is of the markets.....NO ONE....can predict the market future......short term or long term. NO ONE has a clue what the markets are going to do between now and year end. That is why I simply rely on the PROBABILITIES of long term investing. FLYING BLIND....is the norm. If you think you are not flying blind.....most of the time....you are fooling yourself. Humans love the security of.....thinking.....they know why things are happening and the MYTH of being in control. Weekly Market Pulse: No Data, No Problem https://alhambrapartners.com/weekly-market-pulse-no-data-no-problem/
I was green in my stocks for most of the day but lost it in the last hour or two. I ended the day with a mild/small loss in my stocks. BUT...at least I beat the SP500 by 0.13% today. A pretty insignificant week for me so far.
