[mmasters]

I'm mostly out except for some long term money in Amazon and Facebook. Figure with all the people stuck at home, possibly even for a couple years, it couldn't be a better situation for these 2 businesses.

[Plantagenet]

$this->bbcode_second_pass_quote('mmasters', 'I')'m mostly out except for some long term money in Amazon and Facebook. Figure with all the people stuck at home, possibly even for a couple years, it couldn't be a better situation for these 2 businesses.

[vtsnowedin]

"Volatility, profit taking, minor correction ,or easing somewhat from recent highs", Whatever you want to call it I expect a lot of ups and downs for the rest of the year. Perhaps I can make a few small buys on the lows but I don't plan on selling anything before next summer if then.

[Plantagenet]

I'm looking out at next winter for signs of trouble.

The Covid virus is mutating all the time and if we get a more deadly variant and another big China virus outbreak in China.....or in Europe or the US........and if you have the China virus infecting people at the same time the flu virus is giving people flu......then I could see the market doing another nose-dive.

Not to mention the election risk. Biden's economic plans call for huge tax increases and massive re-organisations of the health care system, limiting fracking and fossil fuel extraction in the US, passing the Green new deal etc.....all things that could hurt the economy. And if the Ds do these things and then try to pack to Supreme Court or make Washington DC a state or give citizenship to 22 million illegal aliens or any number of things they are talking about doing, then Mr. Market is going to be very very unhappy.

Cheers!

[Outcast_Searcher]

$this->bbcode_second_pass_quote('Plantagenet', 'I')'m looking out at next winter for signs of trouble.

The Covid virus is mutating all the time and if we get a more deadly variant and another big China virus outbreak in China.....or in Europe or the US........and if you have the China virus infecting people at the same time the flu virus is giving people flu......then I could see the market doing another nose-dive.

Not to mention the election risk. Biden's economic plans call for huge tax increases and massive re-organisations of the health care system, limiting fracking and fossil fuel extraction in the US, passing the Green new deal etc.....all things that could hurt the economy. And if the Ds do these things and then try to pack to Supreme Court or make Washington DC a state or give citizenship to 22 million illegal aliens or any number of things they are talking about doing, then Mr. Market is going to be very very unhappy.

Cheers!

[Newfie]

I just came across this guy Rickards. A good bug with some interesting ideas.

https://dailyreckoning.com/rickards-the ... beginning/

[Plantagenet]

Possible buying opportunity coming in the stock market.

Nancy Pelosi just set a 48 hour deadline for a deal on another stimulus package or she's walking away from the negotiations......and its impossible to make a deal with Nancy since Nancy refuses to accept all proposed deals.

That means that sometime next week Nancy will close the door on future stimulus packages .... and then Mr. Market will realize there is no chance of a stimulus package.....

And since part of the optimism in the stock market is hope for another stimulus, this will tend to crash the market.

AND, don't be surprised if the Ds may have some other nasty little tricks to play, since it would help Biden and the Ds if they could crash the market before election day.

So I'm looking for some kind of nasty little downturn in the stock market before the election..........and if its a big enough drop in the market I'll consider buying on the dip.


You've got 48 hours to agree to my terms or I'll crash the stock market.......

Cheers!

[vtsnowedin]

Well my next month's buy will be a tiny sliver of UPS which delivers most of the things we order on line. The chances of them not making a solid profit year after year for the next decade seem pretty slim.

[Plantagenet]

$this->bbcode_second_pass_quote('vtsnowedin', 'W')ell my next month's buy will be a tiny sliver of UPS which delivers most of the things we order on line. The chances of them not making a solid profit year after year for the next decade seem pretty slim.

[vtsnowedin]

$this->bbcode_second_pass_quote('Plantagenet', '
')
UPS is a pretty safe bet.

If there is a pre-election sell-off it might be a good time to buy more.

Personally, I've mostly moved away from individual stocks and have been mainly buying ETFs.

Cheers!

[REAL Green]

The "great game" of financial warfare ahead:

“CIO: "US And China Are Engaged In Full-Blown Financial War... And China Will Fake Prosperity & Growth To Attract Foreign Capital"
https://www.zerohedge.com/markets/cio-u ... ity-growth

"China is highly indebted and leveraged, so Xi is attempting to open up because he needs to attract foreign capital,” added the same Asian CIO. “He’s playing a confidence game, and it is vital for his survival that he win it,” he said. “In less than 20yrs China has come to represent 70% of Asia’s capital markets.” With such dominance, any investment decision in the region has become a call on whether you want to be long China. “Xi is looking to attract $5trln of foreign capital to plug holes, levering it 10x-15x through the state banking system.”… "The bullish China case is that Xi gets his $5trln, levers it, and uses excess capital to secure dominance in the industries of the future," explained the CIO, referencing artificial intelligence, biotech, microchips. “Along that road, Xi will leverage all the industries that China already dominates to secure advantage.” Solar, batteries, LCD panel production. "And while the US may draw away, the Germans and French are ultimately commercial and if China can produce the best products, and consume European luxury exports, Beijing may just win." "The bear US case is a derivative of China’s bull case,” he explained. "The US net international investment position is -$13trln.” To maintain its economic dominance, it needs to continue to attract enormous capital inflows. "What allowed the US to sustain this imbalance is global confidence in its legal/political systems alongside an incentive structure that rewards entrepreneurship, but if the nation swings between Trumpism and Sanderism in the decade ahead, that confidence is undermined. And investors will seek to diversify away from America." "The bear case for China is that Xi is clearly an authoritarian,” said the Asian CIO. "He imposes so much control over Chinese companies – which he already has – that the rest of the world refuses to use Chinese IOT (internet-of-things) technology.” Fear that Beijing will ultimately have access to all our data is seen as unacceptable. "This then kills so many of China’s talented entrepreneurs." Leaving them unable to expand beyond their domestic market. "They can only be as big as the economy is successful – and so China fails to attract the $5trln."… In times of war, rules shift to meet national needs. In a world where capital is desperate for evidence of growth, fabricating the latter to attract the former is a rational strategy. Failing to attract capital is unacceptable for a nation with an inflating property bubble which simultaneously supports tax revenue, employment and domestic consumption. US pressure to re-engineer global supply chains could not come at a worse time for the Beijing Acrobats, their plates spinning, slowing. And this amplifies the pressure to maintain an appearance of prosperity so that the foreign capital continues to flow in. “We have always had to be somewhat skeptical of economic statistics and corporate figures coming out of China, but in a time of financial war we may see distortions on a scale never before seen,” he said. "For the time being, western money is flowing in even as capital controls are tightening for locals. Foreign pensions, endowments, they’re seeking greater diversification for their portfolios.” And if this doesn’t work, the Chinese may choose to become more assertive regionally, and coopt the sources of capital surplus that fund US deficits – HK, Taiwan, Korea, Japan. Under Biden both the Saudis and Russians will surely be more allied to Beijing. "But the foundation for investing so much money in China is unstable,” said the CIO. “One must invest very carefully in China and be skeptical of all the numbers that are presented."

[Ibon]

$this->bbcode_second_pass_quote('REAL Green', '
')
And China Will Fake Prosperity & Growth

[Plantagenet]

$this->bbcode_second_pass_quote('vtsnowedin', '
')I read yesterday that if you take the big five out, the rest of the S&P 500 has only recovered five percent from this years low. That tells me that in a correction those big five have the most to lose and could each easily go down by half very quickly as their price today is supported by lots of foolish investors not paying attention to real market conditions and profit margins.

[vtsnowedin]

The market took a dive today perhaps realizing that Biden is going to win. I shared in the pain but as a my choices are based on five year returns I see no need to panic or sell anything I now own.

[Plantagenet]

Hopefully we’ll see a more significant sell off here. I’m hoping for a -10 percent drop or more

[Newfie]

FANMG?

https://www.investopedia.com/terms/f/fa ... b-amzn.asp

Facebook, Amazon, Netflix, and Alphabet.
What Are FANG Stocks?
In finance, the acronym "FANG" refers to the stocks of four prominent American technology companies: Facebook (F), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG). In 2017, the company Apple (AAPL) was also added, causing the acronym to be rewritten as "FAANG."


FANG stocks are famous for the impressive growth they have shown in recent years, with each member more than doubling over the past five years.

KEY TAKEAWAYS
The term "FANG" refers to the stocks of four popular American technology companies: Facebook, Amazon, Netflix, and Alphabet.
Each of the FANG companies has shown extraordinary growth in recent years, reflected in both their revenues and their net profits.
Although their business models vary, they each share the use of advanced technologies to acquire and retain users.

[mmasters]

I decided to sell out completely.

No stimulus, a second wave and Biden winning the election.

Triple bad news coming...

[Plantagenet]

$this->bbcode_second_pass_quote('Newfie', 'F')ANMG?

[Plantagenet]

$this->bbcode_second_pass_quote('mmasters', 'I') decided to sell out completely.

No stimulus, a second wave and Biden winning the election.

Triple bad news coming...

[vtsnowedin]

It is interesting to watch some of the goings on. For example I bought a bit of two of the companies stock that have vaccines under development and testing. Over the last few days if one of them announces the are making (what is really just predicable) progress their stock jumps up a percent or two and the other goes down by about as much. The next day or so the other will report on their progress and the process is reversed. It appears quite a few traders are trying to bet on the big winner not realizing that with seven billion to vaccinate they will all probably do quite well and today's race to the finish tells us nothing about the final profit margin.
On another front I see a a lot of these Pharma stocks get hammered every morning then coming back and even posting a gain by closing bell. Day traders placing wrong bets I suppose.