The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
You should make your own investment thread. With blackjack and hookers
jobob85
Bent Member
Wouldn’t take long for that one to get corrupted since it already has a foot in the gutter.
Polds4OSU
Marshall
Sometimes part of investing is paying attention to Politics. It sucks but it is reality.
One of those times is when the strength of the US dollar vrs other currency valuation on the Global Market becomes a hot button topic as part of a US election year.....as it will artificially influence and change markets.
GOGETUMPOKE
Ranger
It's kinda the same philosophy....never hit on 17.
jobob85
Bent Member
I’ll bet I could give information about any financial situation without talking about Trump, Biden or a political affiliation but, you do you. I’ll enjoy the sports threads.
You could always post this over in the
Last edited:
Fixed it.
Really? I have a far too big of a portion of my net worth in a foreign currency because I was paid in that currency when it was high and now cry every time I have to convert some to USD because it is like I got my pay whacked 40%. Yet, even with that interest, I can't see how Trump vs Biden on future currency will make a market decision for me. You telling me to hold in case Trump wins since he might weaken the dollar? Or, is it saying, "Pfft" it doesn't matter, USD is strong? Just seems more of the same politics than real currency help.
As the honorary namesake of this thread, how about this....... if one of your political tweet reposts has some specific actionable market info to in then sure, put it in here. But, look at the politics front page. It is nearly all you. And, hey, I appreciate that. Not a complaint at all. But, it would be nice to have one thread that isn't tweets of politics, even if they are vaguely market-related.
Last edited:
jobob85
Bent Member
GS is in a confirmed uptrend and recently broke to a new all time high with good earnings. This is not the time to sell.
If that dang thing drops like a rock....... I'm gonna quit this country.
JTOSU
Ranger
Two reports today driving market to dive. GDP down well more that forecast and inflation appears to be increasing again. My guess is hope of multiple rate cuts this year by the Fed are now dead.
EDIT (from a CNN article today): Those sticky inflation rates have pushed investors to slash their expectations for interest rate cuts by the Fed. They’re now anticipating just one cut this year, according to the CME FedWatch tool. That’s down from an expectation for six at the beginning of the year.
EDIT (from a CNN article today): Those sticky inflation rates have pushed investors to slash their expectations for interest rate cuts by the Fed. They’re now anticipating just one cut this year, according to the CME FedWatch tool. That’s down from an expectation for six at the beginning of the year.
Last edited:
Stillwater Townie
Ranger
Maga investors shouldn't be in the stock market unless they heard of time-honored saying and take it seriously, which is, "Take your profits slowly and take your losses quickly."
We’re just about done with Q1 earnings season. More than 90% of companies in the S&P 500 have reported results. So far, the earnings season is much better than expected (or feared). Earnings growth for the S&P 500 is tracking at 5.15%. That’s up 1.46% from just a month ago.
That’s the best growth rate since Q2 2022. More than 76% of companies have beaten their earnings estimates.
There is, however, a statistical footnote to these results and that’s Bristol-Myers Squibb (BMY). If you exclude BMY’s massive loss, then earnings growth for the whole index rises to 8.3%. One company’s loss weighed the whole market down by 3%.
That’s the best growth rate since Q2 2022. More than 76% of companies have beaten their earnings estimates.
There is, however, a statistical footnote to these results and that’s Bristol-Myers Squibb (BMY). If you exclude BMY’s massive loss, then earnings growth for the whole index rises to 8.3%. One company’s loss weighed the whole market down by 3%.