I got a similar lifetime ban for the same activity when logging in thru my daughter and son-in-law’s wifi. I emailed the Brojos and it was lifted. I just don’t post from their house anymore.
Why would any investor allow a money manager the ability to bankrupt their portfolio? A money manager is out to make a buck. He or she is not looking out for you. They are out to make a dollar. Learn how to invest and invest only in index funds.
There are millions of investors, a many of them very wealthy, that just do not want to manage their own money. In this care, the investment advisor was taking liberties, in a very foolish way.
If you are wealthy and are relying on an investment advisor you should have 1 or 2 other professionals reviewing your investment advisor's transactions.
There are millions of investors, a many of them very wealthy, that just do not want to manage their own money. In this care, the investment advisor was taking liberties, in a very foolish way.
If you are wealthy and are relying on an investment advisor you should have 1 or 2 other professionals reviewing your investment advisor's transactions.
If you are wealthy and are relying on an investment advisor you should have 1 or 2 other professionals reviewing your investment advisor's transactions.
Flagpole’s historical return versus the DJIA would be substantially reduced.
How's everyone feeling right now? Seems like the market has been pretty flat overall for awhile... I'm still expecting a pullback at some point as the AI bubble starts to burst, but of course it's impossible to know exactly when that will happen. OpenAI is anticipated to run out of money as early as 2027 though... Perhaps that would be a trigger?
Also, returns over the last 6 years have been way above average. If we really are going to return to the mean, that would mean pretty poor returns over the next 5 years or so... But maybe inflation and all the increased money supply is what has driven up returns since 2020? Maybe then future returns won't be affected much by this past money printing period? What do we all think?
I am waiting for my opportunity in Bitcoin, looking to load up under $60,000. Tom Lee says it will will be at $150,000 before too long. Cathy Wood predicting $1 million by 2030, and she reads the Bible daily! I lost my ass on NFTs and doubling down on some cool stuff, hip investments makes senseless. AI is so yesterday. Oh, sorry, confused with crypto. Bitcoin is the way of the future. Eric Trump said you can transact in Bitcoin all hours for 45 cents. I’m taking that to the bank, along with my Bored Ape NFT.
This post was edited 5 minutes after it was posted.
I don't generally think too much about larger trends of the type you (CG 4) are considering.
About as far out as I feel comfortable considering is the current doldrums the market has been in for the last 5 or 6 months, and I have a feeling that the drubbing that the economy took under the current administration may be finally catching up to the markets (as one might expect it to).
As for AI, who can tell? But with so much written about it being overbought, maybe a degree of caution like we have been seeing these last few months might be the restraint needed to keep it from imploding (?).
Code, via AI, “Buy Bitcoin, get tokenized cabana in Maldives:” Your
home
Extremely excited to bring The Trump Organization to the Maldives and combine these two incredible worlds - Hard Assets with Digital Assets.. @worldlibertyfi will lead the way! https://t.co/qhVNwLlEfJ
NVDA reports today after market close. Home builders and suppliers being sent to the woodshed ( LOW's forward guidance )!
I take it as an encouraging sign that Nvidia is up today and up over the last week of so. May be a sign that the market is confident on their prospects going into their AH earnings announcement today.
Crypto having a big bounce today, maybe a sign that the selling is over?
If someone was waiting to get back into SMST, it's dropping to levels that usually signal support and a rebound.
I am losing enough money shorting the SOXX, so I better pass on SMST.
Gente,
Heading to McAllen 3/26-3/30 for a team Hall of Fame induction at UTRGV and track team reunion. I hope I am safe to fly so near to Reynosa. I understand there was some cartel activity in Reynosa the last few days.
I am losing enough money shorting the SOXX, so I better pass on SMST.
Gente,
Heading to McAllen 3/26-3/30 for a team Hall of Fame induction at UTRGV and track team reunion. I hope I am safe to fly so near to Reynosa. I understand there was some cartel activity in Reynosa the last few days.
I was tempted to try the SMST at these levels, but nibbled on some Etherium instead. Wasted all morning tracking it and finally got tired of the whole freakin' endeavor, so sold at break even.
That stuff including SMST is just too unhinged and unpredictable. Just a waste of time, imo.
Nvidia looks to be doing quite well upon announcing their earnings just minutes ago, thankfully.
Big day for tech tomorrow on the heels of that one.
* as for shorting the semiconductor sector, I would keep a short leash on that one.
I would be happy to share my hunches on how that cycle is playing out, but there are some very big incentives for companies to invest in that, and invest aggressively.
I am losing enough money shorting the SOXX, so I better pass on SMST.
Gente,
Heading to McAllen 3/26-3/30 for a team Hall of Fame induction at UTRGV and track team reunion. I hope I am safe to fly so near to Reynosa. I understand there was some cartel activity in Reynosa the last few days.
Haven't heard of any problems this side of the border. It's going to be 98 in McAllen tomorrow!
I see your point, but how significant is it? If the price per unit drops but you sell more of them, in a general sense, isn't the net outcome about the same?
Of course I understand that cost of goods and labor, etc., must be factored into the equation, but still.
So you are probably implying that revenue or income are necessary to tell the whole story and not just number or units sold (?)
Just got back from my slog and walk*. I think Inventory Turnover Ratio ( Cost of goods sold/average value of inventory ) is what you have in mind. You can find it on Macrotrends for data all the way back to 2011. Probably a better metric to follow. You can see how the market sold off in anticipation of the ratio drop in 2022-23. Also 2018-19 as well.
*72 miles in the last 9 days. Haven't put up numbers like that since 1996.
Bumping this. Quick estimate of Inventory Turnover Ratio is .796, last qtr was .766. Last year, Q4 was 1.053. Past 5 years average quarterly ratio was .95.
NVDA initially popped above 202 after hours, but now below Wed close of 195.56. Buy on the rumor, sell on the news? Or something else?
It's been dead money since 10/9, +1.55%. Meanwhile SOXX up 26.81%! SPY is +3.28% and QQQ is +.98%.
Just got back from my slog and walk*. I think Inventory Turnover Ratio ( Cost of goods sold/average value of inventory ) is what you have in mind. You can find it on Macrotrends for data all the way back to 2011. Probably a better metric to follow. You can see how the market sold off in anticipation of the ratio drop in 2022-23. Also 2018-19 as well.
*72 miles in the last 9 days. Haven't put up numbers like that since 1996.
Bumping this. Quick estimate of Inventory Turnover Ratio is .796, last qtr was .766. Last year, Q4 was 1.053. Past 5 years average quarterly ratio was .95.
NVDA initially popped above 202 after hours, but now below Wed close of 195.56. Buy on the rumor, sell on the news? Or something else?
It's been dead money since 10/9, +1.55%. Meanwhile SOXX up 26.81%! SPY is +3.28% and QQQ is +.98%.
ok, fine.
Which bears the question, happen to know any stock with a sweet Inventory Turnover Ratio perchance?