Stock Thread (22 Viewers)

[Klimtology]

I think i'm getting back in...enough is enough already.

Thoughts?

 

[Dezbelief]

I think i'm getting back in...enough is enough already.

Thoughts?

Thanks for your input.

 

[Klimtology]

Anyone still all cash?

The trajectory keeps going up.

 

[Klimtology]

I'm actually all in the money market.

 

[Klimtology]

I'm thinking half in bonds and half in the S&P 500.

That or 2/3s in the S&P and 1/3 in money market.

 

[stbugs]

I'm thinking half in bonds and half in the S&P 500.

That or 2/3s in the S&P and 1/3 in money market.

Just let us know when you actually put your money in.

 

[Klimtology]

I'm thinking half in bonds and half in the S&P 500.

That or 2/3s in the S&P and 1/3 in money market.

Just let us know when you actually put your money in.

Will Do!

 

[St. Louis Bob]

What's more likely first - DJIA 40K or 46K? I think we're starting a major slide, so I've been trimming profits from the recent rally. The market is finally going to realize that no job growth + inflation is bad and will adjust accordingly.

this

my puny brain thinks that it hard to show job growth ... when everyone that wants to work already has a job.
I'm obviously missing something.

First, hey friends!

Immigration policy has taken a lot of workers out of the equation.

It will be interesting, possibly scary, to see what AI does to the employment rate.

Same thing with driverless cars and more importantly, trucks. I think we are still many years away from driverless trucking, though.

 

[Klimtology]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

 

[Nathan R. Jessep]

Picked up 2 more for long term port:

• BTI - prob #2 tobacco company after Philip Morris; big smokeless inventory; and a blurb I read this week: company is the world’s second-largest nicotine company, last year generating $33 billion in revenue and $10 billion in free cash flow. 5.3% dividend yield; roughly 50% discount to PM's market cap by comparison and expected to close that valuation distance.
• ROL - owners of Orkin Exterminating, among others. Money quote I read this week: Immune to market conditions long term, all they need is cockroaches to survive.
  
  
  

 

[Dezbelief]

What's more likely first - DJIA 40K or 46K? I think we're starting a major slide, so I've been trimming profits from the recent rally. The market is finally going to realize that no job growth + inflation is bad and will adjust accordingly.

this

my puny brain thinks that it hard to show job growth ... when everyone that wants to work already has a job.
I'm obviously missing something.

First, hey friends!

Immigration policy has taken a lot of workers out of the equation.

It will be interesting, possibly scary, to see what AI does to the employment rate.

Same thing with driverless cars and more importantly, trucks. I think we are still many years away from driverless trucking, though.

I believe Texas has driverless trucks currently or coming soon.

 

[Nathan R. Jessep]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

 

[Dezbelief]

Driverless semi-trucks are on the road in North Texas

For the first time, driverless semi-trucks with no one behind the wheel are on the road in North Texas.

www.cbsnews.com

 

[Klimtology]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

Thanks Nathan.

 

[Klimtology]

Meanwhile my other bros portfolio is up 30 grand.

 

[Klimtology]

I'd be right there with him had I not gotten out.

 

[St. Louis Bob]

Driverless semi-trucks are on the road in North Texas

For the first time, driverless semi-trucks with no one behind the wheel are on the road in North Texas.

www.cbsnews.com

Wow, thanks for this. I read a lot, especially these days, and it's obviously the first time I'm reading about this. lol

 

[Bob Sacamano]

Driverless semi-trucks are on the road in North Texas

For the first time, driverless semi-trucks with no one behind the wheel are on the road in North Texas.

www.cbsnews.com

"It's one minor crash, but you're talking about Aurora, who has only driven a minimal number of miles," experienced Car and Truck Wreck Attorney Amy Witherite said. "When you're talking about an 80,000-pound vehicle, when there's a mistake made, the likelihood of someone dying or getting catastrophically injured goes way up."



Seems like this should have been written differently.

 

[Bob Sacamano]

"It's one minor crash, but you're talking about Aurora, who has only driven a minimal number of miles," experienced Car and Truck Wreck Attorney Amy Witherite said, while drooling over the prospect of playing this quote back to a jury after the next wreck. "When you're talking about an 80,000-pound vehicle, when there's a mistake made, the likelihood of someone dying or getting catastrophically injured goes way up. And some day I'll cash in on that notion."

 

[Bob Sacamano]

Spoiler

"Whatever the hell you do, DON'T CALL RAFI!!"

 

[Bob Sacamano]

I still don't want to own INTC. Please sell my shares. TIA.

 

[McBokonon]

Spoiler

"Whatever the hell you do, DON'T CALL RAFI!!"

I understand this reference.

 

[Buckna]

Driverless semi-trucks are on the road in North Texas

For the first time, driverless semi-trucks with no one behind the wheel are on the road in North Texas.

www.cbsnews.com

Hmm, I'll have to remember to stay away from any semi's I see on I45 the next time I visit family in Houston.

 

[identikit]

Poor Cracker Barrel

 

[Dezbelief]

Here's a more recent article, it's hidden from me by a paywall.

https://www.wsj.com/business/logistics/texas-autonomous-trucks-dallas-houston-56b76993

 

[Nathan R. Jessep]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

Thanks Nathan.

ran across this little nugget this evening:

Consumer spending is drying up. Bar and restaurant sales have been flat for the past three months, marking one of the lowest readings in the last two years – particularly concerning since summer is typically a peak period for travel and dining out. This data signals that discretionary spending is drying up, as consumers pull back on non-essentials.

 

[Orange&Blue]

i think I'll uae today as my bat signal to sell high

 

[Bob Sacamano]

Here's a more recent article, it's hidden from me by a paywall.

https://www.wsj.com/business/logistics/texas-autonomous-trucks-dallas-houston-56b76993

https://archive.ph/urYq6

 

[Dezbelief]

Here's a more recent article, it's hidden from me by a paywall.

https://www.wsj.com/business/logistics/texas-autonomous-trucks-dallas-houston-56b76993

https://archive.ph/urYq6

Aurora is now testing the system between Phoenix and Fort Worth. The journey takes around 16 hours and typically requires two drivers to complete, with a stop for a handover. Federal law allows long-haul truckers to drive a maximum of 11 hours in a 14-hour period, followed by a mandatory 10-hour break.

Aurora is hoping to pass its next hurdle—driving in the rain—by the end of the year.

 

[Nathan R. Jessep]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

Thanks Nathan.

ran across this little nugget this evening:

Consumer spending is drying up. Bar and restaurant sales have been flat for the past three months, marking one of the lowest readings in the last two years – particularly concerning since summer is typically a peak period for travel and dining out. This data signals that discretionary spending is drying up, as consumers pull back on non-essentials.

and possibly an even more reliable indicator

Stripper Indicator flashes red. Shares of RCI Hospitality (RICK) – the owner and operator of some of the most popular adult-entertainment nightclubs – make up what is known as the Stipper Index – when business slows at RCI clubs, it signals that discretionary spending is tightening, offering an “honest” glimpse of how people are spending their money. Last week, RCI reported earnings of $0.77 per share, missing Wall Street’s estimate by 38% and marking a steep 43% decline compared with the same period last year.

 

[St. Louis Bob]

I bought 500 shares of Shopify in November 2023 for $67 a share. Sold half of it last week at $150. Took the proceeds and purchased 417 EXC at $44.99 and 218 XLU at $86.06.

So I'm not a complete nitwit. Just mostly a nitwit.

 

[ChiefD]

Here's a more recent article, it's hidden from me by a paywall.

https://www.wsj.com/business/logistics/texas-autonomous-trucks-dallas-houston-56b76993

https://archive.ph/urYq6

Aurora is now testing the system between Phoenix and Fort Worth. The journey takes around 16 hours and typically requires two drivers to complete, with a stop for a handover. Federal law allows long-haul truckers to drive a maximum of 11 hours in a 14-hour period, followed by a mandatory 10-hour break.

Aurora is hoping to pass its next hurdle—driving in the rain—by the end of the year.

Who unloads the truck?

 

[Orange&Blue]

Here's a more recent article, it's hidden from me by a paywall.

https://www.wsj.com/business/logistics/texas-autonomous-trucks-dallas-houston-56b76993

https://archive.ph/urYq6

Aurora is now testing the system between Phoenix and Fort Worth. The journey takes around 16 hours and typically requires two drivers to complete, with a stop for a handover. Federal law allows long-haul truckers to drive a maximum of 11 hours in a 14-hour period, followed by a mandatory 10-hour break.

Aurora is hoping to pass its next hurdle—driving in the rain—by the end of the year.

Who unloads the truck?

the same people that ensure your luggage is handled with care at airports.

 

[Nathan R. Jessep]

nothing stops the Nvidia train

https://finance.yahoo.com/news/exclusive-nvidia-working-ai-chip-065435684.html

 

[Alex P Keaton]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

Thanks Nathan.

ran across this little nugget this evening:

Consumer spending is drying up. Bar and restaurant sales have been flat for the past three months, marking one of the lowest readings in the last two years – particularly concerning since summer is typically a peak period for travel and dining out. This data signals that discretionary spending is drying up, as consumers pull back on non-essentials.

and possibly an even more reliable indicator

Stripper Indicator flashes red. Shares of RCI Hospitality (RICK) – the owner and operator of some of the most popular adult-entertainment nightclubs – make up what is known as the Stipper Index – when business slows at RCI clubs, it signals that discretionary spending is tightening, offering an “honest” glimpse of how people are spending their money. Last week, RCI reported earnings of $0.77 per share, missing Wall Street’s estimate by 38% and marking a steep 43% decline compared with the same period last year.

I can confirm this based on anecdotal experience

 

[Alex P Keaton]

This is what my brother texted me:

I think it's risky. The employment numbers are terrible and inflation is creeping up again. This rally makes no sense. The economic conditions are actually grim.

I've been getting cheerful advice like that for awhile.

Macro conditions are def showing some major cracks. But markets don't seem to care. Nothing stops this train? lol Bank of Japan is showing some signs of distress too, but the party rolls on.

I'm keeping a good cash pile, but trying to position more in profitable companies on decent dips and adding on further dips, and positioning out of gamble plays in the near future. The only thing I'm not sure about is the AI industry. I think they're going to fly for a while. AI is only getting bigger and bigger. Will that sector be enough to prop up the whole market for a while? I think it could. Until the global systems (those aforementioned cracks) actually break. Then it's time to shop.

The economy “ex-AI” is already in recession. But much like the mid/late 90s, a single booming sector can keep the good times rolling for awhile all on its own……seemingly

 

[Nathan R. Jessep]

a good read with a decent case on why markets (all risk assets, stocks, crypto, etc.) can continue to steamroll, despite the economic warning signs (also why I'm bullish on $CRCL)

Washington D.C. is Engineering The Largest IPO in History

Here's the gameplan Bessent and Trump are running to create the biggest melt-up of our time. Will you run towards it?

espresso.jlabsdigital.com

 

[Capella]

nothing stops the Nvidia train

https://finance.yahoo.com/news/exclusive-nvidia-working-ai-chip-065435684.html

Hmmm. Monday should be interesting.

 

[Nathan R. Jessep]

nothing stops the Nvidia train

https://finance.yahoo.com/news/exclusive-nvidia-working-ai-chip-065435684.html

Hmmm. Monday should be interesting.

NVDA earnings Wednesday as well

 

[Nathan R. Jessep]

Adding a few gold mining corps to my portfolio, as I think gold has a chance to go insane if we have an economic meltdown in the coming year or two.
Added some $NG shares today. And got my eye on a couple of others.

 

[NajehHejan]

Back in HGRAF at 1.18

 

[Capella]

nothing stops the Nvidia train

https://finance.yahoo.com/news/exclusive-nvidia-working-ai-chip-065435684.html

Hmmm. Monday should be interesting.

NVDA earnings Wednesday as well

They have a lot of expectations. Gonna be interesting. I feel like people will be selling off.