YES.....excuse after excuse to justify IGNORING great earnings. S&P 500 tries to fight higher on solid earnings, but chip stocks are weighing on market again https://www.cnbc.com/2026/07/15/stock-market-today-live-updates.html
THIS is exactly how free market capitalism works in the marketplace. U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies https://www.cnbc.com/2026/07/16/us-grocery-spending-slows-in-hit-to-food-companies.html
Step by step.....good news for the....USA. TSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77% https://www.cnbc.com/2026/07/16/tsmc-second-quarter-profit-.html
Speaking of NEWS. There is NONE. There is NOTHING going on today. I am now....before the losses today....at about +7% for the year in my entire account. It is a semi-stealth RALLY. Fighting for every little point. The MEDIA in the background EVERY single day......fear-mongering everything to the hilt. The short sellers, speculators, gamblers, and AI TRADING Platforms......punishing little retail investors at every turn. YET......here I am......SO FAR.....with a good half year gain.....after all the turmoil and the hammering I have taken in my big cap tech stocks. I will be very CONTENT if I can end the year somewhere between about +10% and +15%. Anything higher is simply GRAVY. After all my primary investing GOAL is to average +10% annually for the long term. YES....that is STILL my GOAL even though I am way above it at this point in my life.
It is very....SAD.....how little time the media now spends on EARNINGS. The single most important factor in success or failure for any business and any investor. I scan the MEDIA very day......how horrible for me.....and NOW earnings are always either ignored or pushed down into irrelevance when it comes to media content. THIS.....is the primary reason I worry about the future of the markets......along with.....GAMBLING products and their addiction.
Even though I dont follow soccer much it has been nice to see all the excitement from having the WORLD CUP here in the USA. I am now pulling for....SPAIN. Are you a Spain fan.....RG....being from Portugal? I would prefer to see an EU country win it all.
I can't help it. I have to kind of jump in on the article and headline. It is the typical attention grabber as usual, with no meaningful content to stand on. How many times have we seen articles that also tout the Mag 7 or Chips for that matter, being the sole life support of the market. It is simply not true or accurate by any measure. Now it is something else. We are to believe we are going nowhere. There is something we should be doing somehow and in some way to save ourselves from this "market event." Digging a bit deeper, it appears the article is really trying to frame it down to the last couple of months. Man, that is such a long time span. Anyway, for the year the ole SP 500 is a bit over 10%. A bit broader market index is close to 12%. Does that seem like nowhere? It simply doesn't to me. In fact, I will take this "road to nowhere" (pun intended) all day long.
A good point. I noticed during some of the World Cup matches there was a digital ad screen which encircled the field along the edge. Many times there were "prediction market" ads on the display going around the field. I have also noticed many commercials now hitting the TV with ads. A recent story about the teleprompter company/operator for the President was in the news I think today. https://www.cnbc.com/2026/07/16/trump-kalshi-teleprompter-cftc-investigation.html This stuff must be wildly popular and the opportunity to exploit it in many ways is just amazing.
AMEN.....a good exercise for anyone nearing retirement. 5 Things to Do Now to Retire in One Year or Less These five planning priorities can help you make a smooth transition from earning a paycheck to living off your savings. https://www.morningstar.com/retirement/5-things-do-now-retire-one-year-or-less "Checklist To Retire in One Year or Less Map out a budget for the first 10 years of retirement. Formulate a Social Security strategy. Make sure your anticipated withdrawal rate is safe. Determine a sequence with which you’ll tap your retirement assets. Begin building out “Bucket 1” with enough cash to cover you for one to two years’ worth of portfolio spending."
YES....there is. AND....it is DRIVEN buy the complicit MEDIA. The publicity is so massive once he announces a short position the stock is toast for a while. AND....yes...he knows this.....it is why he ANNOUNCES to the world every time he shorts something. This is simply.....LEGAL....market manipulation mostly driven by his PR team and his own well placed disclosures.....and.....his friends.....the MEDIA. 'Big Short' investor Michael Burry shorted 6 stocks, and most of them plunged right after. Is there a 'Burry effect'? https://finance.yahoo.com/markets/stocks/articles/big-short-investor-michael-burry-121000491.html
One of my kids is looking at buying a CABIN in a nice little UPSCALE ocean village. Of course my sister....the family banker....will fund the deal once they find a house they want to buy. She will set the interest rate at the Applicable Federal Minimum rate....about 4.7%. She LOVES the interest income she gets from these family mortgages. The kids love it since they are basically...CASH BUYERS.....with no need to apply for financing. She also allows them to manipulate their payment by extending the loan to anywhere from 30 to 50 years. This particular "cabin" search will probably take about a year for something to come up that they wish to buy....... in the right area of the town. On this particular deal my sister is also participating a bit in the down payment...in return for 20% of any NET appreciation when the cabin is sold in the future.
As to the above.....this is the GLORY of a family operating like a FAMILY OFFICE and a unified whole. I am the money manager for all. My unmarried sister with no kids is the family banker. I also do tax and legal work for much of the family. THIS is how you support and inspire your kids to get ahead in the....cold, cold world. It is also why you invest for the long term....to provide the best you can for kids and family.
ALL the big averages are NOW red, red, red. A totally wasted day....for no reason at all. Just SHORT TERM.......IDIOCY.
A red day.....up, down, up down, up down......the markets go day to day. I had a big loss today in my stocks with five on them in the RED. I also got beat by the SP500 by....0.91% today. Perhaps there will actually be some news about EARNINGS tomorrow and how great they are coming in.
A BASIC BEAT for Netflix....but there is always something to "nitpick". The stock is down by over 6% after this beat. Netflix stock drops after Q3 revenue falls short, co-CEO says not all views are 'created equal' https://finance.yahoo.com/markets/s...ot-all-views-are-created-equal-201022485.html LOL....I see another article now reporting that Netflix will now start to release.....FEWER.....guidance updates. WELL.....DUH. Why screw yourself with guidance that is ALWAYS taken as a negative.
The DOWN market today. Dow, S&P 500, Nasdaq drop as chip stocks tumble, Alphabet stock sinks https://finance.yahoo.com/markets/l...p-500-nasdaq-chip-stocks-slide-103116735.html Of course.....regarding GOOGL......a typical "anonymous source"....hit job as usual. One media source reports what......"people"....are saying, and the rest of the media jumps on the story citing the first media source as their source. I doubt this sort of reporting....but...even if true this big DELAY....is a couple of months. This is NOTHING in the scheme of BIG BUSINESS and investing. Just FODDER for traders and AI Program Trading. Meanwhile the retail investors take the typical HIT.
I see that EIGHTY....SP500....companies will report next week. We are at he start of the GUTS of earnings season. My first to report will be next Wednesday when GOOGL reports after the bell.
Totally agree. NVDA is up almost 10% YTD. That's about average expectations for a yearly return. Double in 7-8 years. Completely normal.
It is hard to not be a cynic like W regarding the market and it's potential descending into a gambling hellhole. If not that, a widespread dystopian media manipulation system designed to instill fear, irrational responses, and a focus on day trading rather than investing even more than now (if you can believe that). Gambling for the plebs, and manipulation for the elites. I just see the signs everywhere.
