The stock market

[longcast]

Let the carnage begin!

 

[Snapprhead27]

WOOF!! Should have sold my Nio shares a longgggg time ago. XOM has been solid from the original purchase back in that March when everything tanked.

 

[longcast]

https://www.paul.senate.gov/sites/default/files/page-attachments/Inflation%20Report.pdf

Interesting report on inflation.

 

[longcast]

Nasdaq falls 2.6%, Dow 542 points as oil tops $85

Rising yields hit stocks as investors return from the three-day weekend.

www.foxbusiness.com

 

[BennyV]

Bought some indexes today. Just like I do every other week. Picked up some crypto also.

 

[CELLFISH]

me too, Value Funds, dividend payers… C22…

 

[longcast]

Ugly!

 

[dsedy]

am not a buyer here for anything more than an intraday trade. other wise all cash

too many macro forces: Fed tightening, balance sheet runoff, Ukraine

Preservation of capital, not return on capital in this environment

 

[CELLFISH]

am not a buyer here for anything more than an intraday trade. other wise all cash

too many macro forces: Fed tightening, balance sheet runoff, Ukraine

Preservation of capital, not return on capital in this environment

Oil reaching $100 too…

 

[wader]

if I had a bunch of money to invest - I'd be investing right now

 

[dsedy]

if I had a bunch of money to invest - I'd be investing right now

What would you invest in right now?

 

[wader]

What would you invest in right now?

Coty for one - Estee Lauder for 2 - Winnebago for 3 - Cracker Barrel for 4

 

[Snapprhead27]

Coty for one - Estee Lauder for 2 - Winnebago for 3 - Cracker Barrel for 4

I still have my COTY

 

[dsedy]

I don't know....at some point, gravity wins though
S&P 500 chart weekly 1996-2021
Massive Top
maybe back to the blue line .... or heaven forbid, the purple moving average
5 Trillion + from 2020 to today in fed money...going away in a large part now.
The fed will probably have to reverse course if we have a 20% correction, political pressure will be too much and the pain

 

[dsedy]

Coty for one - Estee Lauder for 2 - Winnebago for 3 - Cracker Barrel for 4

Any non-equities?

 

[dsedy]

for EL, so you would buy it right here?
at $310

Looks like it doubled from the March/April 2020 lows. Great 100% profit. I'd probably try to book a little of that. Buy back in later

 

[wader]

Any non-equities?

American Funds Amercan Balanced Fund (ABALX) - very conservative fund - you'renot going to make a fortune but you won;t lose one either

 

[BennyV]

Any non-equities?

iBonds for me.

 

[CELLFISH]

Coty for one - Estee Lauder for 2 - Winnebago for 3 - Cracker Barrel for 4

COTY is similar to EL… wouldn’t it be better to get into a different sector…

I knew of a mid level manager who retired before it’s crash…

3 years ago I ask my broker to buy more Apple, he said you have enough Apple, he didn’t buy and now he fired me… Apple doubled since… C22…

 

[CELLFISH]

my 457 account made 14% gains last year… do selective stock pics fare better… C22…