Market will prob be up 4% tomorrow. Seems like that always happens after a huge down day
1 Like
And there it is as always
3 Likes
Just needed one extra day to trap a few shorts!
1 Like
Iāll keep adding. If suv size ādronesā that the trillion $ a year military cant/wont identify donāt crash the market nothing willā¦
1 Like
Iāll drink to that. The TGA spend down concerns me a touch, but if we can keep the goldilocks landing on the table, Iām good.
I think we have a very strong pull back next year. 20%ish then will rebound for new highs. If/when that happens Iāll be adding much more aggressively. Weāre def due for one
Corrections can be healthy too. We donāt need oracle and others trading at 150 P/Eās like 2000 either.
you spelled āshitcoinā wrong.
1 Like
I see Iām not the only one on the juice tonight! 
Edit: real talk I sold Oracle for a 2 bagger and change about a year ago. I have no words for their current price.
itās trading at ~26x forward earnings. wouldnāt call that terribly overvalued.
I think I just naturally hate them for some reason. I shipped them off to my DAF when I sold them. Joke is on me. Theyāve pumped and pumped since.
Trading at that rate due to boomers hanging on to the oracle stack they built their career on. They are cheaper than the big three but only make sense if you grew up in oracle. They will fade off as Gen AI companies get swallowed by the competition. That said, I think they are safer down around $100.
What do you think of investing in utilities going forward? Theyāve already had a good run the last 6 months. With all these data centers being built due to AI, I assume demand will increase. I read somewhere (canāt remember where), that one of the largest data centers will use as much electricity as a city of 1,000,000 people.
As with any trend you have to question if youāre dumb money getting in after the good part. The WSJ had a story this week about how OpenAIās new model isnāt working well enough to justify the electricity costs.
I was dumb money getting in Nvda this year late. Itās almost tripled sinceā¦
You canāt buy into this market based on old principles. The rules have changed, have to go with the flow or miss out. Just lock in gains you canāt afford to lose. I sat in the sidelines waiting for a pull back for far too long and lost out on tons of cash. Luckily I was in PMs and crypto, not cash, and they did well But once I said F it and jumped in itās been rising steadily since
3 Likes
Iām not saying sit in cash, Iām saying I donāt think you can consistently get above-market returns by chasing trends. I.e., without special knowledge, the case for chasing individual stocks is generally poor.
1 Like
Not just getting in. Have had a large position since early ā24 and trying to decide whether to add to it.
Iāve been getting into some of the more beat up markets hoping for a pop. Banks have low p/e and solid dividends. I think the trump admin will be very bankster friendly. Also in some agriculture that hasnāt really seen gains to keep up with inflation. DBA has been a favorite but itās not cheap. Corn, cane, weat etc I like too. Theyāre not exciting but I think have potential to double from here.
With Basel III all but being dead, you have a strong case there indeedā¦
1 Like
Some MSer, I forget who, ran a story about their practice of parking money between investments in some federally-backed index that they then sold covered calls for. Said the index rarely went up or down much but the dividend was enough to beat the savings rates of 4-5%, and the money pocketed each month or week as a kicker really boosted their net. Wish I could remember what that symbol was. Holding funds in a money market or CD at 4-5% is too wasteful to me during times when Iām hesitant to add more $$ to the market and/or MSing.
MS= manufactured spend