OK. The history of Dean Witter was a west coast investment firm born out of the stock market crash of 1929. Later was a unit of Sears, along with Allstate, bringing the brokerage business to Main Street. Dean Witter and Morgan Stanley merged while I was at broker training in February of 1997. The merger was between a wholesale and retail arms of the business.
Igy - back around that time I was in Commodity trading for Unocal and Shell and Dean Witter and Morgan Stanley were a couple of brokers we dealt with so you and maybe talked on the phone. LOL.
OK. The history of Dean Witter was a west coast investment firm born out of the stock market crash of 1929. Later was a unit of Sears, along with Allstate, bringing the brokerage business to Main Street. Dean Witter and Morgan Stanley merged while I was at broker training in February of 1997. The merger was between a wholesale and retail arms of the business.
Igy - back around that time I was in Commodity trading for Unocal and Shell and Dean Witter and Morgan Stanley were a couple of brokers we dealt with so you and maybe talked on the phone. LOL.
I was the broker handling Enron trades for the firm.
I also sold some SGOV to buy some GLD a while back, which is already up a bit more than 6%. It's tempting to add to that position. Was thinking about fizz, but...nah. It is a pita with premiums! I'll take the gld expense ratio instead, thanks.
Good call from Jim Cramer to hold Apple 6 months ago.
Stock up 34% from this tweet.
Jim Cramer @jimcramer As we are telling club members, let the Apple sellers have their day. Let them be ruled by fear. Let them get shaken out. let them be sunshine soldiers, let them be summer patriots. Here's your hat, what's your hurry and don't let the door hit you on the way out! 11:26 AM · Mar 21, 2024 · 98.6K Views
“Recently ran the same 4 grocery items (same brands) at the same store I've been doing since 2022: 2% milk, eggs, bread and 1lb ground beef.
Aug 8, 2022: $22.51
May 10th, 2023: $23.82
A few days ago (Sep 14th): $25.50”
—Brian Sullivan, CNBC
grocery price inflation is one of the brighter spots in the inflation story. Walmart says its grocery prices will actually fall. Unless, of course, we choose to deport hundreds of thousands of agriculture workers. Then prices will spike of course.
NYT:
"In the year through June, grocery prices rose 1.1 percent, a significant slowdown from a recent peak of 13.5 percent in August 2022. "
“Recently ran the same 4 grocery items (same brands) at the same store I've been doing since 2022: 2% milk, eggs, bread and 1lb ground beef.
Aug 8, 2022: $22.51
May 10th, 2023: $23.82
A few days ago (Sep 14th): $25.50”
—Brian Sullivan, CNBC
grocery price inflation is one of the brighter spots in the inflation story. Walmart says its grocery prices will actually fall. Unless, of course, we choose to deport hundreds of thousands of agriculture workers. Then prices will spike of course.
NYT:
"In the year through June, grocery prices rose 1.1 percent, a significant slowdown from a recent peak of 13.5 percent in August 2022. "
Nope - grocery prices have risen almost 30% in the last five years.
*HARRIS: WILL GIVE NEW HOMEBUYERS $25K DOWN PAYMENT ASSISTANCE *HARRIS: WILL TAKE ON CORPORATE LANDLORDS TO LOWER HOUSING COSTS *HARRIS WANTS STARTUP BUSINESS TAX DEDUCTION TO GO UP TO $50K
Tech stocks up 11% since this tweet 6 months ago. Insider selling just doesnt' mean very much.
Post See new posts Conversation Carl Quintanilla @carlquintanilla “.. The ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021." @FT @dailychartbook
'At some point, the putrid margins around generative AI will begin to eat into the already-tenuous profitability of these companies. SaaS may see its own series of dramatic price cuts to its AI tools despite the costs possibly increasing.' https://t.co/wlUblkM42Vpic.twitter.com/UHxZ2HQhhY
'At some point, the putrid margins around generative AI will begin to eat into the already-tenuous profitability of these companies. SaaS may see its own series of dramatic price cuts to its AI tools despite the costs possibly increasing.' https://t.co/wlUblkM42Vpic.twitter.com/UHxZ2HQhhY
