The Long Term Investor

Of course it did....and....the big boy AI traders LOVE it:

Wall Street sell-off picks up steam, Dow loses 800 points and tumbles deeper into correction territory

https://www.cnbc.com/2026/03/26/stock-market-today-live-updates.html

AND....of course....the greatest most successful companies in the world...BIG TECH...is getting HAMMERED as usual. Actually....even MORE than usual.

 

I have talked a lot on here over the years about my "vision" of the negative future for the markets. Probably more than I should since it might discourage or scare some people.

BUT....imagine that what we have been seeing for the past three months is the long term future of the markets.

A time period marked by a total REFUSAL of the financial media to frame ANYTHING in positive terms in the daily news and coverage. I think that UNFORTUNATELY....we are basically there right now.

In such a situation anything positive will be IGNORED and buried in the negative. Earnings will no longer matter...except for the constant negative slant of even the greatest earnings BEATS. In fact....NOTHING....will matter since everything being covered will be some fear-mongering topic of the next coming disaster for stocks, investors, business, some industry (like happening with AI right now), etc, etc, etc.

I think we are basically there....right now.

The one million dollar question....how much longer does it take for this..."new media normal".....to infect and destroy even the long term markets. AND at what point do investors simply....give up on ownership of stocks and funds.

Something will fill the gap....real estate, gambling, some crazy new investment that can not even be imagined right now,......who knows.

To the HUGE flood of baby boomers that are entering retirement with NO PENSIONS....right now. I feel your pain.

 

Another BIG loss for my stocks today. A single green stock....COST. I also lost out to the SP500 in my stocks by....0.43%.

The pain continues.

Not that I am really feeling it or care.....I have now passed into the....."beyond caring"...phase of this correction. I just look at the markets each day and.....it is meaningless to me.

 

YES......the correction continues.

I am now at (-10.23%) year to date for my entire portfolio....after the first 1/3 of the investing year.

 

HAVE A GREAT WEEKEND EVERYONE.

DO YOURSELF A FAVOR....REFUSE TO THINK ABOUT THE MARKETS.

 

GEE....ANOTHER....."happy" little story.....a very sad commentary on where we are right now in society and what the future may promise.

Why I Got Out Of The Gambling Business

https://defector.com/why-i-got-out-...ess?giftLink=909b2f6770a6c6632f042a70f8610a65

Unfortunately GAMBLING is now taking over the markets in the form of "prediction trading"....and other gambling based "investing".

 

The close today. This article is a LITANY of the negative on topic after topic....but that is the FACT we are dealing with right now. NOTHING....is positive for investors.

S&P 500 clinches longest losing streak since 2022 as oil surges, 'Magnificent 7' stocks shed $300 billion

https://finance.yahoo.com/news/live...cent-7-stocks-shed-300-billion-200142689.html

Topics include:

Dow enters correction, S&P 500 posts longest weekly loss streak since 2022.

S&P 500 on pace for worst weekly streak of losses since 2022.

Losses accelerate, Big Tech gets hammered on fears of higher rates.

Bitcoin tumbles to $65,000 as investors go risk-off.

Fed's Jefferson sees higher inflation from Iran war near term.

Gold rebounds 3%, but eyes fourth straight weekly loss.

Software stocks resume decline amid AI fears, changing Fed outlook.

Carnival cuts profit outlook for 2026, sending shares falling.

10-year Treasury yield climbs to highest level since July.

US stocks turn into the red at the opening bell.

 

ABOVE you have the markets today....in reverse from the close back to the open.

NOTHING positive...except it is Friday and the markets will be closed for two days.