There's some value in that chart but companies now get so much more of their earnings and revenue from overseas that it isn't apples to apples comparing it to the past.Getting closer…
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There's some value in that chart but companies now get so much more of their earnings and revenue from overseas that it isn't apples to apples comparing it to the past.Getting closer…
Looks like the herd is selling TSLA and buying DVN today!Well I better make an obligatory post on this thread today. Shaping up to be my kind of day.
Big rush of buyers in SPY at sub 350 level, huge volume spike.Well I better make an obligatory post on this thread today. Shaping up to be my kind of day.
CPI has some measurement adjustments coming in Oct that are going to make it hard to keep this pace up. Fuel and Used cars have already rolled over and wages were lower. Food category remains a problem (insert Immigration discussion here). Shelter continues to lag, but other data sources say it has stabilized.Could be a good time for those in cash to get base positions we are at pre covid levels now. But with this inflation we will likely go further south with interest rates climbing.
CPI has some measurement adjustments coming in Oct that are going to make it hard to keep this pace up. Fuel and Used cars have already rolled over and wages were lower. Food category remains a problem (insert Immigration discussion here). Shelter continues to lag, but other data sources say it has stabilized.
I think @neffa3 just threw down big league!Big rush of buyers in SPY at sub 350 level, huge volume spike.
Medical care has an annual adjustment in October. The 2021 number had a lot of Covid impact. The 2022 number will have negative impact for next 12 months.what are these "measurement adjustments" you speak of?
And stow the letter opener...Wow, this is a wild day. Checked an hour ago and was down over 2%, now up almost a percent.
Times like these make me glad to be a buy-and-hold investor with a long timeline, it is more pleasant just observing in amusement.
This what your portfolio looks like @neffa3 ?You guys talk like today was a rough day, that's only the case if you were invested in good stocks. If, on the other hand you were invested in crappy stock, like me, then today is just another day...
Fake food