[2020] A little stock market sense

[easyrider]

"reverse market crash" ! We know you're hoping for that "positive" crash Bill

"experts" are actually saying -


"U.S. stocks rose after better-than-expected corporate profit reports"

and

" Economists and forecasters are increasingly upbeat about the economy’s prospects"
https://www.wsj.com/economy/economists-predictions-survey-charts-68ba82d6

I'm not hoping for a market crash Brett. In a reverse market crash, the demographic that get hurt the most are those with no assets that benefit from inflation.

Bill

 

[Brett]

Nasdaq Hits All-Time High​

Nvidia dethrones Apple as the world's most valuable company​

https://finance.yahoo.com/news/nvidia-dethrones-apple-worlds-most-015035350.html

• Nvidia's rise has been fueled by its AI-enabling GPUs, boosting its market value by $3.1 trillion since the release of ChatGPT.
• Analysts predict Nvidia's stock could eclipse a $4 trillion valuation amid strong demand for AI tech.

 

[easyrider]

Cathy Woods likes NVDA. I watched her interview where she reveals the reasons their team came up with the recommendation back in 2023. Looking at the chart it looks like she was right.

Bill

 

[Brett]

https://www.cnbc.com/2024/11/01/nvidia-to-join-dow-jones-industrial-average-replacing-intel.html

 

[DrQ]

Cathy Woods likes NVDA.

I guess a broken clock is correct twice a day.

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says​

Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.

markets.businessinsider.com

 

[letsgobobby]

View attachment 101499

https://www.cnbc.com/2024/11/01/nvidia-to-join-dow-jones-industrial-average-replacing-intel.html

sell nvidia

buy intc

How Companies Fare After Being Kicked Out of—or Added to—the Dow

Recent history suggests that stocks exiting the index do better one year after their removal than those that were added.

www.barrons.com

 

[easyrider]

View attachment 101499

https://www.cnbc.com/2024/11/01/nvidia-to-join-dow-jones-industrial-average-replacing-intel.html

I watched a report on this maybe a week ago. It's speculated that the 4th qt will be huge for nvda. An interesting stock is djt which was under $20 and then over $51 in October and now at $30.

Bill

 

[easyrider]

Nice stock surge going on today.

Bill

 

[Brett]

Nice stock surge going on today.

Bill

yep

https://finance.yahoo.com/video/dow-nasdaq-p-500-hit-212113946.html

Crypto frenzy that sends bitcoin to a record high



.



.






.
What could go wrong?

 

[WorldT]

yep



View attachment 101693

https://finance.yahoo.com/video/dow-nasdaq-p-500-hit-212113946.html

Crypto frenzy that sends bitcoin to a record high


.
What could go wrong?

Everyone and everything seems to be on a high

 

[MrockStar]

Hurray!

 

[easyrider]

Every one and everything seems to be on a high

Just in time for Black Friday too.

Bill

 

[WaikikiFirst]

looking at Euro stocks over hte last wk, makes me again wonder "Do Americans really diworsify into Euro stocks for any reason other than Cognitive Dissonance"?
You can measure it how YOU want, but it seems to me they have under-performed SPY by 30% pts over the last 5 yrs. anybody got the 20 yrs #?

reminds me of all the times someone told me how Chinese stocks were the best bet cuz, cuz, cuz, GWOTH ... DUH!

 

[CalGalTraveler]

We are going to harvest our gains and invest outside of the USA to hedge our bets. Any particularly good International funds or stocks to consider?

 

[WaikikiFirst]

We are going to harvest our gains and invest outside of the USA to hedge our bets. Any particularly good International funds or stocks to consider?

buy the index for the next country that elects Margaret Thatcher ... still waitin. Europe? lmao. Just looking at #s and charts, I keep thinking "Bottom? Bottom?", but then I read what Europeans do with their countries. The latest news out of Germany?
NEXT!
You know there are better ways to "hedge" than to diworsify. I know you do.
India maybe?

 

[CalGalTraveler]

Not looking to get rich. Just safe money outside the control of the USA Govt we can access in an emergency. Swiss Bank account?

 

[WaikikiFirst]

I suppose it is the wrong day to say it, since it is up 10% or so today, but ...

Bitcoin was made for you

"Swiss Bank account?" ever since The Wolf of Wall Street, I crack up when I see those words.

 

[CalGalTraveler]

Bitcoin possibly. However a friend was investigating Bitcoin, went to several conferences and found a lot of corrupt people.

Need rock solid safe emergency money.

Also looking at sovereign funds for several Euro countries. Anyone considering? There are significant additional benefits associated with some of those. But not sure how risky.

 

[VacationForever]

My husband was seriously considering moving to Portugal if USA goes south. I countered with New Zealand. Portugal has easier immigration law wrt getting a permanent resident card while New Zealand is close to impossible unless you are willing to commit a couple of million dollars to invest in a business there. So the short answer is Portugal if you are thinking of getting a second passport. I told my husband that we are too old to move because we have established doctors here.

 

[rapmarks]

My husband was seriously considering moving to Portugal if USA goes south. I countered with New Zealand. Portugal has easier immigration law wrt getting a permanent resident card while New Zealand is close to impossible unless you are willing to commit a couple of million dollars to invest in a business there. So the short answer is Portugal if you are thinking of getting a second passport. I told my husband that we are too old to move because we have established doctors here.

My brother in law was married to the aunt of Jacinda Ahern when she was prime minister and couldn’t get citizenship

 

[WaikikiFirst]

and found a lot of corrupt people

and there are no corrupt people near the tops of Portugal nor NZ. Sure

 

[PigsDad]

looking at Euro stocks over hte last wk, makes me again wonder "Do Americans really diworsify into Euro stocks for any reason other than Cognitive Dissonance"?

I usually have a bit invested in foreign equity; most often Euro-centric. Invested just to add a bit of diversity, but never more than 5-10% of my portfolio.

Kurt

 

[CalGalTraveler]

I watched what the Chinese have done to invest internationally to invest money out of China prior to lockdowns. They were very smart to hedge their bets and place emergency money in another country.

At the time the USA required $1 million in a business to get a US Visas for their families. Some bought $1M condos as rental businesses and some bought businesses.

 

[WaikikiFirst]

watched what the Chinese have done to invest internationally to invest money out of China prior to lockdowns. They were very smart to hedge their bets

LOL. They live in the worst place to be rich and "not connected". Of course, the smart "not connected"" ones move money out, and they do it ALL THE TIME, not just due to lockdowns. Looking at that as a guide is like the LA Dodgers thinking about copying the moves being made by a bottom-dweller team.

If you want to "invest like the Chinese", get yourself a lawyer who knows insider-trading laws better than anyone else does

"At the time the USA required $1 million in a business to get a US Visas for their families. Some bought $1M condos as rental businesses and some bought businesses."
been an active market for that for 20 ... 30 years.

 

[WaikikiFirst]

just to add a bit of diversity, but never more than 5-10% of my portfolio

I keep 5 - 10% in fine wine. But then I drink it. DOH!

Diworsity is the knee-jerk reaction of people who don't know how to understand how winners win