July 16, 1969 was a historic day. A day where three humans ventured outside of the Earth's grasp on a revolutionary flight, setting their sights on the moon and changing the course of human space exploration forever. #Apollo50thpic.twitter.com/5aGVnQsUBo
starting to see why the market rose so much...the fed just downgraded its core CPI expectation for the 4Q from 7.0% to 5.5%.
Core PCE down to 4.8%
it's a new world. One of the best times to own stocks is when inflation is high and falling. Companies aren't going to reduce prices but their cost of goods sold will fall, so their margins may be spectacular. And of course discounted cash flows model love lower interest rates.
starting to see why the market rose so much...the fed just downgraded its core CPI expectation for the 4Q from 7.0% to 5.5%.
Core PCE down to 4.8%
it's a new world. One of the best times to own stocks is when inflation is high and falling. Companies aren't going to reduce prices but their cost of goods sold will fall, so their margins may be spectacular. And of course discounted cash flows model love lower interest rates.
Apple (NASDAQ:AAPL) Microsoft (NASDAQ:MSFT) Amazon (NASDAQ:AMZN) Meta (NASDAQ:META) Alphabet (C shares) (NASDAQ:GOOG) Tesla (NASDAQ:TSLA) Alphabet (A shares) (NASDAQ:GOOGL) NVIDIA (NASDAQ:NVDA) Paypal (NASDAQ:PYPL) Intel (NASDAQ:INTC) Comcast (NASDAQ:CMCSA) Netflix (NASDAQ:NLFX) Adobe (NASDAQ:ADBE) Cisco Systems (NASDAQ:CSCO) PepsiCo (NASDAQ:PEP) Broadcom (NASDAQ:AVGO) Texas Instruments (NASDAQ:TXN) T-Mobile (NASDAQ:TMUS) Costco (NASDAQ:COST) Qualcomm (NASDAQ:QCOM)
A few musings ...I had no idea that Texas instruments was still around. Do they make anything besides pocket calculators (only half-kidding).
It was not that long ago that we had our first $trillion market cap company. Amazon has LOST $1 trillion in market cap.
Amazon, Meta and Tesla have done terribly. the Nasdaq very reslient;
Some companies who have done very well for a long time and who continue to do well (and whom I never thought would be around today):
But look at Amazon over the last couple of days and you see a generally stronger rebound there than in their piers by quite a bit. May be a sign that it was particularly oversold. That's how i read it.
starting to see why the market rose so much...the fed just downgraded its core CPI expectation for the 4Q from 7.0% to 5.5%.
Core PCE down to 4.8%
it's a new world. One of the best times to own stocks is when inflation is high and falling. Companies aren't going to reduce prices but their cost of goods sold will fall, so their margins may be spectacular. And of course discounted cash flows model love lower interest rates.
Earnings Scorecard: For Q3 2022 (with 91% of S&P 500 companies reporting actual results), 69% of S&P 500 companies have reported a positive EPS surprise and 71% of S&P 500 companies have reported a positive revenue surprise.
Because of Twitter's impersonation of the Titanic and the market pop, Trump's media stock DWAC is up 50% in a week or so! What a story if Twitter goes out of business and Trump creates a better alternative and banks coin.
Because of Twitter's impersonation of the Titanic and the market pop, Trump's media stock DWAC is up 50% in a week or so! What a story if Twitter goes out of business and Trump creates a better alternative and banks coin.
Whoa.
Imagine this exchange:
Elon: Don, we are allowing you back onto Twitter and removing your ban.
Trump: Thanks, Elon, but I'd rather not. Just keep driving it into the ..., I mean, just keep doing what you have been doing. Please. Pretty please.
CNN Business wrote:
Two weeks after Elon Musk completed his acquisition of Twitter, the future of the company has never looked less certain.
In the past week alone, one of the world’s most influential social networks has laid off half its workforce; alienated powerful advertisers; blown up key aspects of its product, then repeatedly launched and un-launched other features aimed at compensating for it; and witnessed an exodus of senior executives.
The wild swings at Twitter only seemed to accelerate on Thursday with more executive departures, growing chaos over fake, verified accounts and an unusual public rebuke from the US government. Twitter now appears to be on the brink, a point Musk himself seemed to concede on Thursday by reportedly telling employees that bankruptcy could be on the horizon (though it’s far from the first time he’s warned about bankruptcy at one of his companies).
Because of Twitter's impersonation of the Titanic and the market pop, Trump's media stock DWAC is up 50% in a week or so! What a story if Twitter goes out of business and Trump creates a better alternative and banks coin.
Whoa.
Imagine this exchange:
Elon: Don, we are allowing you back onto Twitter and removing your ban.
Trump: Thanks, Elon, but I'd rather not. Just keep driving it into the ..., I mean, just keep doing what you have been doing. Please. Pretty please.
CNN Business wrote:
Two weeks after Elon Musk completed his acquisition of Twitter, the future of the company has never looked less certain.
In the past week alone, one of the world’s most influential social networks has laid off half its workforce; alienated powerful advertisers; blown up key aspects of its product, then repeatedly launched and un-launched other features aimed at compensating for it; and witnessed an exodus of senior executives.
The wild swings at Twitter only seemed to accelerate on Thursday with more executive departures, growing chaos over fake, verified accounts and an unusual public rebuke from the US government. Twitter now appears to be on the brink, a point Musk himself seemed to concede on Thursday by reportedly telling employees that bankruptcy could be on the horizon (though it’s far from the first time he’s warned about bankruptcy at one of his companies).
You do know that Twitter banned Trump but allowed the Taliban to continue posting. Do you know what the Taliban does? Seriously, do you really have any idea what the Taliban does and you are complaining about Trump?
Because of Twitter's impersonation of the Titanic and the market pop, Trump's media stock DWAC is up 50% in a week or so! What a story if Twitter goes out of business and Trump creates a better alternative and banks coin.
How many bankruptcies has Trump been involved with? Including the USFL which personally screwed me. He doesn't create anything and destroys everything.
Because of Twitter's impersonation of the Titanic...
In terms of investments, do not follow any of Musk's leads because, rather than turning the Titanic to graze a financial iceberg, Musk is full steam ahead and aiming for a dead-center strike. That only works in games, in real life, oops.