DUH....the markets today....as expected. S&P 500, Nasdaq, Dow drift lower ahead of 'Magnificent 7' earnings, Fed Chair Powell's final policy decision https://finance.yahoo.com/markets/s...-nasdaq-sp-futures-powell-mag7-231405065.html
I am no doubt in the RED to open the day. i dont even have to look at my account. I have two green and five red stocks. BUMMER.
The last player taken in the NFL draft is called......MR IRRELEVANT. That is the markets today as we wait for the big tech earnings after the close........MR IRRELEVANT.
NICE.....the SP500 and the NASDAQ have now turned GREEN. e have broken through the initial market direction in the first hour of trading. BUT....it made absolutely NO difference for me......I am still....no doubt....in the RED today. WHATEVER.
Nice little reminder in the previous article. People worry too much about the wrong things. Put your time to work developing a good financial plan. Worry never paid me dime or a dividend.
MSFT EARNINGS: Microsoft earnings are out – here are the numbers https://www.cnbc.com/2026/04/29/microsoft-msft-q3-earnings-report-2026.html "Microsoft on Wednesday reported more robust fiscal third-quarter results than analysts had expected. Here’s how the company did in comparison with LSEG consensus: Earnings per share: $4.27 adjusted vs. $4.06 expected Revenue: $82.89 billion vs. $81.39 billion expected Microsoft’s revenue grew 18% year over year in the quarter, which ended on March 31, according to a statement. Net income of $31.78 billion, or $4.27 per share, was up from $25.82 billion, or $3.46 per share, in the same quarter a year earlier. Adjusted earnings exclude a $14 million decrease in net income from Microsoft’s OpenAI investments."..... etc, etc, etc.....
Here is GOOGL: Alphabet beats on revenue, with cloud booming 63% and topping $20 billion https://www.cnbc.com/2026/04/29/alphabet-googl-q1-2026-earnings.html "Alphabet reported first-quarter earnings after the bell Wednesday. Earnings per share: $5.11 Revenue: $109.9 billion vs$107.2 billion expected by analysts polled by LSEG"....
AND....AMZN. Amazon earnings beat expectations with strong cloud growth https://www.cnbc.com/2026/04/29/amazon-amzn-q1-earnings-report-2026.html "Amazon posted better-than-expected earnings and revenue for the first quarter on Wednesday. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $2.78 vs. $1.64 Revenue: $181.52 vs. $177.30 billion"....
AMZN and MSFT DOWN after earnings. GOOGL.....UP. Of course.....ALL.....are nice BEATS. Just asinine. Microsoft tops Q3 estimates, says AI business up 123% year over year https://finance.yahoo.com/sectors/t...business-up-123-year-over-year-211358311.html Amazon reports Q1 earnings that top analyst estimates amid artificial intelligence push https://finance.yahoo.com/sectors/t...d-artificial-intelligence-push-132251006.html Alphabet tops Q1 estimates on strong Google Cloud growth https://finance.yahoo.com/sectors/t...-on-strong-google-cloud-growth-212244133.html
AND....of course META which I do not own. Meta earnings top forecasts as the company raises AI spending plans once again https://finance.yahoo.com/sectors/t...s-ai-spending-plans-once-again-160136099.html
I am so over quarterly earnings reports. We have got to move to every 6 months or better but impossible.....annually. the media, the speculators, the market manipulators, the AI traders....are ALL.....making earnings IRRELEVANT. These are HUGE companies with all kids of business segments. The nit-picking that happens with these very complex and massive earnings are ridiculous. We are now at the point where FUNDAMENTALS do not matter.....it is all about the F-ing.....MEDIA.
NO one cares.....but: US economy 'quite resilient', should keep growing above 2%, Fed's Powell says https://finance.yahoo.com/economy/articles/us-economy-quite-resilient-keep-193503610.html
For my stocks today....a big....medium LOSS. I had three GREEN stocks...COST, AMZN, and GOOGL. I also lost out in my tsocks to the SP500 today by....0.77%.
kind of looks like a good indicator for.....NVDA. AND....as usual I am happy to see these companies investing in their and shareholders future. 'Magnificent 7' earnings rush reveals AI spending surge, with hyperscaler capex set to reach $725 billion in 2026 https://finance.yahoo.com/markets/a...t-to-reach-725-billion-in-2026-224901707.html
Crazy that people think NVDA is overpriced still with a P/E of 43. AMD, which people are cheering the latest stock movements, trades at a P/E of 129. Intel seems to be about the same. I am eying AMD, but NVDA seems like the smarter play still. Anyone want to try to convince me otherwise? C'mon, @TomB16, sell me on some AMD
@roadtonowhere08 I have owned AMD since it was in single digits. I learned alot from owning it including risk tolerance and most of all volatility tolerance. If you look back over the years the stock price has done some wild things. I also own NVDA which has had a really good run, slightly less volatility, but really has been in a rut the past 9 months. But maybe it's due for another breakout. I know in the past when we had a dead year it seems like the PE ration just needed to catch up and then it takes off again. Who knows. Along for the ride per usual. Also nice to see my google stock doing well. I bought some for the first time at the end of last year when I moved a large portion of my 401k over into Schwab so I could buy individual stocks. Google, AMD, NVDA, Palintir, VGT, Howmet Aerospace. So far both Roth and Pre Tax accounts are showing 17% and 18% gains which is beating out the S&P500 (about 4% YTD) which the remainder of my retirement is still in.
Hey, Smokie - yes! We have seen plenty of coverage of that little meeting. I think our King did pretty well. He may have managed to repair some of the damage caused by our embarrassment of a Prime Minister - I really hope so!
For some reason NVDA is in the trash can, down $10 in the first hour of trading. I'm not sure what I'm missing but with companies spending increasingly more on AI I would think that NVDA really has nothing to lose.
A nice little article that applies to people Iike me. I would say the answer is certainly....YES. Do Investors Accept Lower Returns from Assets that Make Them Feel Good? https://behaviouralinvestment.com/2...returns-from-assets-that-make-them-feel-good/ ....."What the authors define as an emotional yield is some emotional benefit that is derived from owning the asset. They define this as private enjoyment and social signalling. If I own a valuable painting, there is some utility from the fact that I enjoy looking at it, and from what other people think it says about me that I own it. If an asset brings us some form of pleasure or enjoyment, then we require a lower financial return from holding it.".... MY COMMENT I agree with this article....but....I have ZERO interest in what other people think owning art and other collectables says about....."ME". In fact, we do not easily allow people to know what we own....in today's world. Owning "stuff" actually can make you PARANOID about people knowing.
A mixed day following good earnings BEATS by many companies yesterday. You know my usual RANT when I see the greatest companies in the world making record money...and being punished. I am glad that my investing life will...probably...be shorter than the coming destruction of the markets as fundamentals....DO NOT MATTER. At the same time....I am able to EASILY compartmentalize the BS......and move forward as a fully invested..... all the time.... investor. In spite of the market disruptions, structural turmoil, and other happenings that WILL come....I expect to make good money as a long term investor over the next 10-20 years...that is good enough for me. As a SELFISH and EGO ORIENTED HUMAN....that is all I care about as an investor. Anything else in the future....NOT MY PROBLEM. But.....I do like to make observations about the future.....even though I will not be around to say....I TOLD YOU SO. LOL.
