Earnings Scorecard: For Q4 2023 (with 79% of S&P 500 companies reporting actual results), 75% of S&P 500 companies have reported a positive EPS surprise and 65% of S&P 500 companies have reported a positive revenue surprise.
-
30
-
comfortably retired from the ipad wrote:
Sally Vix wrote:
Make a list of everything where you are better than everyone else:
1) biggest narcissist
2) loudest blowhard
3) least knowledgeable know-it-all
4) can’t figure out when to quit while he’s ahead
... and on and on and on.
I’ve been visiting this hell hole since around 2000, give or take, and these are my humble observations.
The discussion is about Flagpole, not Igy
40 -
Try to keep up wrote:
comfortably retired from the ipad wrote:
I’ve been visiting this hell hole since around 2000, give or take, and these are my humble observations.
The discussion is about Flagpole, not Igy
CORRECT! And good show too, brother!
41 -
Swaglord369 wrote:
Iggy how do you feel about The Bitcoin making it above 52k?
I had a limit sell at just under 35k but it expired in 24 hours. It almost brushed the sell but didn't hit. Thank god.
I feel like a schmuck again, I never pumped into risk at the lows. I had aspirations to buy MSFT and some more crypto but never did. Current allocations:
iBond - 2.7%
Crypto - 37.5%
Stock - 12.8%
Cash - 47%
00 -
This quoted post has been removed.
Well that was interesting!
One of my favorite songs by the Afghan Whigs describes how the narrator has a "dick for a brain", but somehow I think that may be more of a metaphor than anatomy.
00 -
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch
10 -
The promise of AI:
00 -
Ghost of Igloi wrote:
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch
Microsoft was at about 30 in 1999. Today, it is at 400. Do you have any idea how fortunate for those back then who DID NOT cash out back then? The people back then who you said should not have bought MSFT, SHOULD HAVE, and lost out on lots of money.
10 -
What about JDSU? Do you even know what it was?
00 -
Ghost of Igloi wrote:
What about JDSU? Do you even know what it was?
No I haven't looked yet. But you were saying how owning MSFT back in 1999 was a terrible investment. You were wrong about that, yes?
10 -
Klondike5 wrote:
Down to 14,850 from a peak of 15,700 I believe.
Maybe 5%
What's the bottom?
I am betting sub 13,000
Thank you Sleepy Joe for where the dow is today. I know that a sitting president doesn't have anything to do with the stock market but thank you anyway 😊
30 -
Ghost of Igloi wrote:
What about JDSU? Do you even know what it was?
Were you wrong about MSFT? Maybe big time wrong?
20 -
No.
03 -
Ghost of Igloi wrote:
No.
MSFT went from 30 to 400 in 23 years and you can't even say you were wrong? Not much else to discuss with you then.
20 -
Ghost of Igloi wrote:
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch
Igy, what the hell is this person talking about? Seriously, it's exactly the opposite of what that person said, and on more than one level.
10 -
seattle prattle wrote:
Ghost of Igloi wrote:
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch
Igy, what the hell is this person talking about? Seriously, it's exactly the opposite of what that person said, and on more than one level.
First, everyone didn't say it would be the only the big companies. Yes, some did, for sure, but it was a very common recommendation to "buy a basket of random internet stocks and watch it grow". Yes, just buy a broad basket, And that did work for awhile, but not ultimately. So not everyone said just buy the biggest companies. WRONG.
Second, it was the big companies that went on to deliver the big gains, was it not? Microsoft is up no less that +1,700 % in the timeframe referenced. JDSU went on until 2016 and then split into two companies. But importantly, the best bet was on the big companies, directly in contradiction of what that idiot said. The ones that rule the markets from that era are Microsoft, APple, Amazon, Meta (Facebook), Google. So in terms of investment he is wrong.
So, as long as we keep focusing on what is going to happen in the future, sure, keep making predictions and forecasts, but in terms of a track record, which is provable, it is laughable.
10 -
Sally Vix wrote:
Ghost of Igloi wrote:
"This is very similar to 1999, when everybody said: You have to buy Cisco, JDS Uniphase, Microsoft; the biggest companies because they are the ones that are going to deliver the internet. It turned out to be exactly the opposite." -@biancoresearch
Microsoft was at about 30 in 1999. Today, it is at 400. Do you have any idea how fortunate for those back then who DID NOT cash out back then? The people back then who you said should not have bought MSFT, SHOULD HAVE, and lost out on lots of money.
I doubt anyone who purchased MSFT shares in the 90s held on through the aughts. MSFT was dead money for years. Similar to HSGFX the last 15-18 years.
There was no way investors in the 90s would know Nadella would become CEO in 2014 and turn MSFT around the way Gerstner did with IBM in the 90s.
The fact that AMZN and AAPL would prosper was due to luck.
JDS Uniphase (Jim Cramer use to say JDS stood for, "Just Don't Sell") was a poster child for how companies operated in the late 90s. It was a classic roll-up operation, as were others, even CSCO. They would increase revenue by acquiring smaller companies, issuing stock and diluting current share holders while booking $Billions in goodwill. Revenues were driven by Y2K, Internet and the proliferation of CLECs due to the 1996 Communications Act. There was over investment, a crash, write offs, failures, then consolidation.
After the close of trading Thursday, the Ottawa-based firm said its net
loss for the fiscal year ended June 30 was $50.6 billion, which industry
observers are calling the largest annual loss ever posted by a company
in North American corporate history.What remains is now Viavi Solutions VIAV.
Tomorrow NVDA reports after close, implied volatility for 2/23 weekly option ex. is now 183.67%. As my grandson likes to say, "this is going to be epic!"
40 -
During the tech bubble we had a rookie that was the son of a top Morgan Stanley producer out of Chicago. When things got shaky late summer 2000 I asked Matt “what does your father say?” Matt response “we’ll be OK as long as Mary’s stocks hold up.” Mary being Mary Meeker labeled the “Queen of the Internet.” Well those stocks did not hold up. And really the only thing close to that period, in my experience, is today.
In regards to NVDA, I could see a good report with the stock still rolling over.
01 -
la gente esta muy loca wrote:
Sally Vix wrote:
Microsoft was at about 30 in 1999. Today, it is at 400. Do you have any idea how fortunate for those back then who DID NOT cash out back then? The people back then who you said should not have bought MSFT, SHOULD HAVE, and lost out on lots of money.
I doubt anyone who purchased MSFT shares in the 90s held on through the aughts. MSFT was dead money for years. Similar to HSGFX the last 15-18 years.
There was no way investors in the 90s would know Nadella would become CEO in 2014 and turn MSFT around the way Gerstner did with IBM in the 90s.
The fact that AMZN and AAPL would prosper was due to luck.
JDS Uniphase (Jim Cramer use to say JDS stood for, "Just Don't Sell") was a poster child for how companies operated in the late 90s. It was a classic roll-up operation, as were others, even CSCO. They would increase revenue by acquiring smaller companies, issuing stock and diluting current share holders while booking $Billions in goodwill. Revenues were driven by Y2K, Internet and the proliferation of CLECs due to the 1996 Communications Act. There was over investment, a crash, write offs, failures, then consolidation.
After the close of trading Thursday, the Ottawa-based firm said its net
loss for the fiscal year ended June 30 was $50.6 billion, which industry
observers are calling the largest annual loss ever posted by a company
in North American corporate history.What remains is now Viavi Solutions VIAV.
Tomorrow NVDA reports after close, implied volatility for 2/23 weekly option ex. is now 183.67%. As my grandson likes to say, "this is going to be epic!"
I was in the markets for all of this period and was into the technology stocks quite a bit.
I agree with you about Microsoft back then and I knew not to touch it, it was yesterday's news. I did get into it, though, when they started making headway into cloud computing, about 7 years ago or so.
I learned early on that the hardware sector of tech, the chip makers and cable companies, were too stodgy, slow moving, and not the place to be. I did trade JDSU, though, and did okay with it. That and Marvell.
Apple - I knew by about 1999 that they would have legs. Their Mac based user interface as an operating system distinguished itself as truly a nicely engineered system and everything they touched rose to the top of its class (though they were rarely the first to market). And by 2000 they started on a strategy of establishing a presence in all sectors - wearables, cell phones, laptops, desk tops, musical streaming, app store, etc. and most importantly - integrating those products for a seamless user experience, I kid you not that with the release of their mp3 players and iTunes, I bought bigly, seeing their huge potential. History proved me right.
As for Amazon, I had some early on but when the CEO of Microsoft Steve Balmer made that statement about not liking Amazon because he liked companies that could actually make a profit, I got shook out, and only bought back much later, maybe about 6 or 7 years ago.
Nvidia will be interesting (earnings), but I read how it may very well be greeted with a big sell-off, but the thought is that it will not be lasting and should rebound even if it takes a while. But we'll see.
10
1 post was removed from this page.
What People Are Talking About On LetsRun
No top threads at the moment. Check back soon.