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r59: WBA, etc.
Yikes. Think there will be a "dead cat bounce"?
This stock was an elderly friend's top holding. He accumulated it and reinvested dividends for decades. The lesson is not to have too much invested in one stock.
Any thoughts on CCL? I'm thinking it might a lot higher next spring. (spoiler alert on one of my pick 10 stocks!).
Thank you.
SSKILLZ1: Would U identify the 4 stocks I have already selected. Want to review them before giving U my other 6 picks, to check for industry overlap. Thank you very much.
al44: If it gets too ridiculous, Trump should walk out.
lj: NOG
Was this directed at this peon: "because no one else read CC either..."?
I'll get to it eventually.
Trinityz1: Best to you, too Trinityz1. We don't want to enrich the people who cannot stand us!
al44: First of all, it will not be a debate by any stretch of the imagination. Second, I refuse to watch because I am not going to boost CNN's ratings. The entire affair is a racket. JMO.
LJ: Read today that its same old weird scenario: High oil imports with domestic inventories of oil and petrol piling up.
lj: NVDA is on a slide. SMCI and MSTR both got smacked on Monday.
lj: Has Israel halted or greatly scaled back their operation in Gaza? There is little news about the war.
lj: Retaliation because Putin is making nice with North Korea's leader?
NYBob: This is an outrage: "More than 2,600 abducted Yazidi women and children are to this day still waiting to be rescued from the hands of ISIS terrorists."
Gen. MacGregor is excellent. Thanks for the posts.
lj: NVDA $31M is a drop in the ocean to the CEO. Chump change.
That would be like you or I selling $3,100 worth of shares.
al44: Thank you, al44. Stay cool!
al44: re Houston murder
Given the number of high-profile murders committed by illegal Venezuelans, Trump's assertion that they emptied their prisons and let the inmates comes to the U.S. seems to be true.
Every single male that entered the U.S. illegally since Biden took office should be rounded up, chipped, and deported. If home countries refuse to take them, we should send them there regardless.
lj: I think the people on weed keep running up the big tech stocks!
lj: One more thing. The bitcoin proxy stock, MSTR, still down. Could kick myself for not selling when it was 200-300 points higher.
lj: The big names did have a down today on Friday. NVDA was down several dollars again.
It doesn't seem as though it want's to correct 20 percent, but we shall see.
On another topic, EGY is hanging in there. As long as it cranks out its dividend, there will be no complaints from this peon!
lj: Once again, great minds are thinking alike. I posted that "this is 2020 stuff" before I read your post saying "Very good dotcom era flash back..."
We are on the same page, Vern.
OT: If they raise the price of petrol another 10 cents, I'm walking.
Finally, Trump really likes the guy I like--Vivek Ramaswamy. At his rally in Detroit yesterday, he spoke to him in the crowd maybe 3 times. He said he definitely will have a job in his Administration. Vivek is the real deal. His problem is that he talks too fast. That turns people off.
al44: Juneteenth should be a holiday only in Texas. This is ridiculous.
lj: Tech stocks are the only game in town. The rally is out of control. SMCI went up something like $50 a share today. This is 2000 stuff.
al44; It is George Floyd Day. How much does another Federal holiday cost the U.S. taxpayers?
Is there going to be a Federal holiday for every minority? How about Cesar Chavez Day?
Shouldn't St. Patrick's Day be a Federal holiday. Let's not leave out Irish-Americans.
The Republicans who voted for the holiday are cowards. Their constituents do not approve of it.
Why isn't there a Federal holiday for LBJ's birthday. He passed the Civil Rights Act of 1964, which gave African Americans full civil rights.
lj: Good luck with that. I don't think anything will change.
lj: The "pear phone" scenario is evolving. The pop in the stock was crazy, imo.
OT: gasoline Prices are back up to $3.50. Given the price of oil, there is first-class gouging happening. Refiners cannot blame it on the switchover to the summer blend. That happened a month or more ago.
I am disgusted. Usually, I am just annoyed.
lj: That cartoon/meme was perfect satire. I give it a 10!
lj: My understanding is that EV's will do a lot of tracking. Another reason not to buy one.
AI will close the deal on State monitoring of everything its citizens do.
lj: I use AI several times a week, and it is unbelievably helpful.
Unless Google juices up its searches with AI very, very soon, it will be obsolete.
lj: Thanks. Will check out the video on Monday. The election will be a VERY scary event.
If the Democrats sweep, there will be the mother of all selloffs.
The sick people in the Biden administration want to tax UNREALIZED capital gains.
Marxism 101. Even the Chicoms are not that tyrannical.
If the Dems sweep, I'll be selling most of my portfolio the following day.
Gmenfan: The story goes that his mother was a CIA agent. Makes sense. Otherwise, why was she in Indonesia?
lj: Good find. Interesting--no interruption-of-business coverage.
I guess that coverage in the oil industry could bankrupt an insurer,
Gmenfan: Nailed it. It won't be Michelle, it will be Hillary. Hillary's cackling these days puts Kamala's cackling to shame. But the Obama camp will fight hard to prevent it. Hussein wants a 4th term.
The harpies in the White House cannot even prep Ol' White Joe for a debate, much less put him in one. He is beyond help.
al44: The Dems will stop at nothing to retain power. They are going to run Michelle. They need to get back much of the Black vote that is going to Trump.
Personally, I think Black males would pick Trump over Michelle.
Nearly 100 percent of black females would vote for her.
JMO.
lj: If it gets back to $5, I'll sell the shares I just purchased to slowly get back to even!
lj: Happy Father's Day
Next Wednesday is George Floyd Day.
Closing the stock market is OUTRAGEOUS.
It is a fake holiday, a creation of Democrats seeking the votes of African Americans.
Happy Father's Day, LJ.
lj: oil inventories
The whole scenario is beyond belief.
On the petrol front, prices in this area have leveled off around $3.25. The school year ended this week, and next week is a VERY big week for vacation travel, as people head toward the beach resorts and other places. College kids are home running all over the place. HOWEVER, the extreme heat in the Southwest, and the 3-days of rain in southern Florida should reduce gasoline use. Also, all of the gas-guzzling school buses are back on the parking lots for summer.
That being said, I traveled about 10 miles today to buy my tomato plants, and traffic was VERY light. (My vegetable gardening in one-month behind schedule. 90-degree weather starts tomorrow, so I'm hoping they will grow fast.) Electricity usage (AC) will surge for the next week.
That should help the "AI" utilities (namely, companies with nuke plants).
The above is just a peon's theses!
lj: MSTR
It is always something. IMO, the stock has dropped like a rock. This peon will keep the powder dry before adding shares.
lj: True. I have watched CEG drop a significant percentage over the past week or so.
Scam is the right word.
lj: GRRR
Good detective work, LJ. This is very disappointing. Disgusting.
lj: SMCI and MSTR
SMCI: Very nice move today. Headed back to the 52-week high and an eventual forward 10:1 forward split???
10:1 splits are becoming the rage in tech stocks. I own a big 12 shares.
MSTR: Check out the chart for the week. This has to be traded, not held.
lj: The problem with the dollar is very troubling.