Hey Strathmore....you ARE making good money today.....especially if this gain has now moved you back to even. What you are seeing with COST is just the reality of being a long term investor versus a market timer or trader. if you have a long term horizan......a bad single year is irrelevant.
TARIFFS.....yes they will be back in the news.....soon. The Supreme Court opinion will come out soon. Whatever they do will no doubt trigger a similar reaction to last April....massive fear-mongering....much speculative opinion....drama....and...in the end most if not none of it will turn out to be any big deal. In fact the ruling may trigger a nice RALLY......since we will have clarity going forward. A US Trader’s Guide to the Supreme Court’s Looming Tariff Ruling https://finance.yahoo.com/news/us-trader-guide-supreme-court-120000501.html What do I expect....about a 50/50 chance either way. I expect in the end it will not matter in a negative way at all for the markets. I expect that some of the tariffs will be continued under other legal authority on a case by case basis. I also expect that the Republicans have at least one more reconciliation bill......in their future plans and it could be used to authorize ALL or MANY of the tariffs. I say this as NON-POLITICAL.....simply a statement of fact. I believe waiting for this ruling is one reason they have not done a second big tax reconciliation bill yet. As I said in the end probably a NON-EVENT.....other than the fact that investors will have to sit through all the TOTAL BS that will engulf the media for a week or two.
I had a medium....small loss today. I never changed all day....COST, AMZN, and GOOGL green and the rest in the red. I also got beat by the SP500 today by....0.52%. Last day of the first full week of 2026....tomorrow.
Here is the market at the close today. AND.....NO....a one day dip in tech is not a....."sector rotation". This is the IDIOCY that passes for financial journalism now. Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech https://www.cnbc.com/2026/01/07/stock-market-today-live-updates.html
LETS SEE WHAT THEY SAY SUPREME COURT ABOUT TARRIFS NOW HUGE! https://www.facebook.com/reel/1993868378012884/ No income tax to pay in future because of tariffs Trump yesterday.
