Polds4OSU
Marshall
Here is some current Economic Indicators with just data and without a Blood or Crip Spin or lean.
The Steross Market and Investing Thread
- Thread starter jobob85
- Start date
jobob85
Bent Member
A lot to digest but, basiclly Trump got nailed in his last year with covid and Biden has had to dig out of that covid hole for three years. Personal Consumption is a funny beast. Basically people bought the same stuff but it was about 10-15% more expensive in 2022 because of inflation. Worthless chart to show an improving economy.
jobob85
Bent Member
Thank you for this...I'm a simple person and need simple straight forward data.
I'm picking up some sarcasm but go f*k yourself that's why I like that guy's site!
jobob85
Bent Member
Nope - self deprecating - but, I'm off to have sex now.
PJ-OSU
New member
I made the mistake of starting to buy small caps and risk-on assets a year ago bc they had been punished the most. What I didn't do was make a second mistake and start chasing megacaps after they ran up. So I've been averaging down into the most beat sectors over the last year and that risk-on portfolio of mine was up over 3% yesterday and another 3.5% today. I think 2024 might be a good year for me.
jobob85
Bent Member
I still like the stock.... a lot. A good sign for the stock was the lack of sales in December after the lockup period expired. I always have trouble with companies early in their introduction. Analytics are usually all over the place but, recently turning profitable is a good sign. Have you been to one of their locations?
There is one near our house. I like it. Wife and daughter love it. When you mentioned it originally, I put on my watch list, so I was just wondering if you still liked it.
jobob85
Bent Member
Firm believer in having extra weight in technology for my portfolio. Have been using VGT as a 5% position for the last 10+ years.
Petrobras (PBR/PBR.A) has been a big time winner for me and I barely see it talked about anywhere. It comes with geopolitical risk being state-owned, dumped on fear when left-wing Silva won election a few years ago but it turns out left-wing Brazilian politicians like money just as much as right-wing Brazilian politicians. Other lookout would be they recently announced they'd be increasing investments in wind and solar, which some people aren't a fan of but the stock didn't seem to mind one bit. Very long term hold for me just letting those dividends reinvest.
Relatively. And it actually is. Due for a recession for sure. I've been in finance for 10+ years. I know to adjust for the Bureau of Labor Statistics numbers that they always inflate and overstate. But even accounting for those. Historically good times.
My 401(k)s definitely disagree with you. *shoulder shrug*