A nice little article on the.....FAKE.....AI bubble. Bubble Watch, Part 2: A Trillion Reasons We’re Not in an AI Bubble https://www.acadian-asset.com/inves...s/a-trillion-reasons-were-not-in-an-ai-bubble I do have one little nit to pick with this article. The claim is made that investors are getting a "total net cash distribution yield" of 2.1%. This is made up of 1.2% dividends and another.....0.9% of cash distribution by net repurchases of stock..... by companies in buyback plans. I call....TOTAL BS.....investors dont get ANYTHING from buyback plans. Basically....money that should go to them in the form of dividends....is being taken for stock buybacks......which hardly benefits investors at all. It is a big SCAM by companies.
HERE is an article that contains the MASSIVE data showing that the....EXPERTS......the PROFESSIONALS....can NEVER win over the simple un-managed indexes. "you can choose not to play the active management game. Accept market returns through low-cost, tax efficient “passive” investment vehicles: Index funds that track market benchmarks. Systematic, transparent, and replicable (quant-based) investment strategies. By choosing this approach, you’re virtually guaranteed to outperform the majority of both professional and individual investors. You win by not playing." Why Smart Investors Choose Not to Play, The Case Against Active Management The Golf Tournament You Should Skip https://larryswedroe.substack.com/p/why-smart-investors-choose-not-to
The....afraid of its own shadow...walking on eggshells....perdition market....continues today. it does not matter that Black Friday and no doubt Cyber Monday will show BIG gains to historic levels of consumer activity. It does not matter that all the BS about people not spending and pulling back is.....FAKE NEWS. Where the rubber hits the road....actual consumer behavior in the form of shopping....people are out there and spending. Shoppers are on pace to break Black Friday online spending records and use AI more than ever as sales hit $8.6 billion https://www.businessinsider.com/bla...ding-breaks-records-sales-8-6-billion-2025-11 AMAZINGLY...on all the sites i scan.....NOT A PEEP...about retail sales on Black Friday or over the weekend.
Meanwhile....back in the REAL WORLD.....NVDA just continues to spend its MASSIVE cash hoard......building and investing for the future. And as usual....no one cares....or even worse....it is seen as a negative. Nvidia takes $2 billion stake in Synopsys as AI deal spree accelerates https://finance.yahoo.com/news/nvidia-invests-2-billion-chip-130524782.html
BUMMER....the collapse continues for Bitcoin. Bitcoin Plunges to Below $85,000 in Risk-Off Start to December https://finance.yahoo.com/news/bitcoin-plunges-below-88-000-005308026.html I think we have pretty much DESTROYED the old argument that Bitcoin is any sort of a hedge against anything.
HERE is the market today....so far. Dow, S&P 500, Nasdaq sink, bitcoin plummets in downbeat start to December https://finance.yahoo.com/news/live...-in-downbeat-start-to-december-011408608.html This is what happens when fear-mongering in the media and negativity comes to be considered....REALITY.....and DOMINATES the financial media sites day after day. After a while....reality does not matter.
AND....with the current environment....we continue to see NO drop in the basic range of the Ten Year Yield....in spite of two rate cuts and the potential for a cut in December.
I see that I am starting out with NVDA and AMZN in the green at this moment. My other five stocks are RED....by various degrees. BUT....there is hope for the day....as the big averages are slowly trying to come back from the RED open. Basically a dragged down and hung over market.....with potential..... for a GREEN close.
Try as I might....I am finding little to no news or other content that is relevant to anything today. Probably good news for the markets....that the RED open is not based on much of anything. Looks like to me...... what we are seeing to open the month of December is just....nothing more than a continuation of the November markets. There is NO new catalyst driving the markets down....just lingering discomfort and doubt by people. In other worlds just a VAGUE MOOD. The old market killer....."feelings"....based on nothing real. So as usual repeat this mantra: IGNORE....ENDURE.....PATIENCE....FOCUS....EYE OF THE TIGER.
As usual....RIDING THE WAVE....while trying to ignore and avoid all the little whirlpools that are currently out there.
Meanwhile....back in REALITY. The SP500 is currently.....UP....UP...UP....by 16.13% year to date. Add in dividends and you no doubt have a TOTAL RETURN of about 18% with one month to go. This year to date return is WAY above the historical norm of about 10% to 11%. AND....the un-managed NASDAQ......+20.40%....year to date. At the same time we are faced with CONSTANT NEGATIVITY in the daily financial media. The markets have a CONFIDENCE problem. People in general have a CONFIDENCE problem. And a perception problem.
ALL anyone can do in this sort of environment is keep your eye on the....LONG TERM...ball. If you have to....disconnect from the day to day news and financial content. Live and invest in your own little bubble.
A little glimmer of sanity. No country or government is going to tax its way to success. Swiss voters rejected a new inheritance tax, but the debate riled up the ultra-rich https://www.cnbc.com/2025/11/28/swi...n-inheritance-tax-rise-for-ultra-wealthy.html
A trend? Young people forgo homeownership to invest in the stock market https://www.axios.com/2025/11/29/stocks-retirement-gen-z OK....but dont complain about not owning a home. My view is that a basic FAMILY financial plan is composed of three or four items: Stocks and funds. Real property in the form of a home. Social Security and/or retirement savings and...perhaps....some hard assets like collectables, art, gold, silver, etc, etc. The second HUGE factor for family financial success...avoiding DEBT as much as possible.
Over the weekend we changed over from Thanksgiving decor to Christmas. The tree and the entire inside of the house is done. All the yard decorations are up and lighted. We do outside decorations for.....Christmas, Halloween, and Thanksgiving. We also do some minor outside decor for Forth Of July and Easter. Inside the house we do Christmas, Thanksgiving, and Halloween and minor decor for Valentine day, Easter, Forth Of July,
"HERE'S JOHNNY"....."I'M BACK" This SUDDENLY popped up just a few minutes ago: Michael Burry says Tesla is 'ridiculously overvalued,' slams Musk pay package Burry's latest missive comes after the noted short seller took bearish bets against Nvidia and Palantir. https://finance.yahoo.com/news/mich...rvalued-slams-musk-pay-package-150113993.html THIS guy is a real....PEST. What a shameless bit of.....PR CHASING (allegedly)....to push his new newsletter. I am STRUCK by the resemblance between Burry and Jack Nicholson in the SHINING. He just needs a bit of facial hair. What a big JOKE.
Now that we have the BURRY attack out of the way....for the day....perhaps we can now move forward. What a LOSER.....living off one correct call nearly 18 years ago. Since that time.....NOTHING. SILLY, SILLY, SILLY.
I have now....FLIPPED....to a nice little GREEN day. Five of my seven stocks are NOW green. The RED TWO.....MSFT of course and GOOGL.
