Anybody Buying Yet? Where’s the Bottom?

[SAJ-99]

This honestly makes me want to like the tariffs "plan". Congress doesn't really seem to vote for anything these days unless it's a financial incentive for them.

Let the layoffs begin. We have too many people that haven't experienced a recession without simultaneously getting checks from the government.

 

[BuzzH]

Hey, cheer up all you debbie downers...we're going to get to test the theory on point creep VS. a total dogchit economy.

 

[Rie Bread]

Bastards are making money! They raised my monthly rate by $20 a couple months ago. Contract is up this summer and I'm telling them to piss off.

Bah! WM down 4% Dave!

 

[Dave N]

Bah! WM down 4% Dave!

Guess my rate will be going up again!

 

[TOGIE]

Hey, cheer up all you debbie downers...we're going to get to test the theory on point creep VS. a total dogchit economy.

My wife's job could definitely be lost in a recession. Mine? Not likely at all.

And so, the fact that pulling my full price elk app in Wyo even crossed my mind because of the potential for only one of the earners to lose their job (cuz like who needs to shoot a 700 dollar cow right?) tells me it's probably already crossing other peoples minds too.

Could be a great year for states with leftover and return lists.

And no, i'm not pulling it and instead will be doubling down to fill out my deer and pronghorn apps shortly

 

[Bonasababy]

I am two years from retirement and my accounts are pretty close to following the S&P average…not exact but close. I know I might miss out on an upswing but…I am comfortable with my CFO’s plan!

I turned most of our money over to pros at Fidelity, but before I did so selected options that were safer and less prone to strong responses to rapid market fluctuations. We knew we were at a point where we did not need strong growth, and prioritized better insuring slight growth to allow withdrawals to continue for the rest of our lives.

So for the first time in my investment history, they have over 50 % in individual bonds and fixed income instruments. Hope your advisor is doing something similar if you are planning to retire in just a few years!

 

[Bonasababy]

View attachment 366755
Wtf are they smoking? Must be real real good…

Hey common, gotta feel for those folks.

 

[Irrelevant]

I went back and looked at what we were talking about during the fall 2022 per @cgasner1's post above no one caring about that dip, and found like guy:

It hasn't been five years, but here's an update AMD +13%; XOI -15%

 

[SAJ-99]

Back to the thread, needless to say, we are VERY oversold. Both on a weekly and daily basis, which is a traditional strong buying spot. There is now probably more risk to the upside on a bounce. Only caveat is that big down Fridays typically result in more red Monday morning. The big guy doesn't start negotiating, we may hit market breakers next week. Good luck.

 

[TakeABreakAndTouchGrass]

I find information like this very interesting on a day like today

 

[Bonasababy]

Warren Buffett's Stance on Import Tariffs Raises Flags. But Don't Ignore His Words on Investing During Times of Market Turmoil. | The Motley Fool

www.fool.com

Great read for those who appreciate BRK, Buffett.

Berkshire said in a statement: "There are reports currently circulating on social media (including Twitter, Facebook and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false."
Buffett told CNBC that it was important to quickly knock down misinformation, and that he is not talking to anybody about the markets, the economy and tariffs between now and Berkshire's annual shareholder meeting on May 3 in Omaha, Nebraska.

 

[Bonasababy]

 

[brymoore]

Ouch. A bad day got worse.

 

[406dn]

View attachment 366728

That's a bit stale. the Dow closed just over 38K today.

 

[jryoung]

I took a bite at the end of the day adding to some positions. Nothing crazy, picked a growth, dividend and value stock that all felt a bit too red.

 

[NDGuy]

 

[Sytes]

Berkshire said in a statement: "There are reports currently circulating on social media (including Twitter, Facebook and Tik Tok) regarding comments allegedly made by Warren E. Buffett. All such reports are false."
Buffett told CNBC that it was important to quickly knock down misinformation, and that he is not talking to anybody about the markets, the economy and tariffs between now and Berkshire's annual shareholder meeting on May 3 in Omaha, Nebraska.

Well that's great to learn that MSNBC is presenting factually false information about Trump's tariffs.

"Legendary investor Warren Buffett made a rare comment on President Donald Trump's tariffs"

https://www.cnbc.com/2025/03/02/warren-buffett-calls-trumps-tariffs-a-tax-on-goods-says-the-tooth-fairy-doesnt-pay-em.html

As if we didn't know MSNBC's extreme political drivel.
And to think Motley Fool ran with that.

Atta-boy Bonasbaby! Good to see people calling b.s. on MSNBC flat out garbage.

 

[SAJ-99]

View attachment 366782View attachment 366781

But the jobs!!!

 

[homers]

Corrections are normal part of the market. This market was very highly priced historically. Corrections allow opportunity to make some bank.

 

[NDGuy]

Corrections are normal part of the market. This market was very highly priced historically. Corrections allow opportunity to make some bank.

Unless you lose your job