Stock Market Today

[rsm]

Maybe 1000's of layoffs and billions in stock buybacks over the last 5 years wasn't such a great idea after all. Now corporations are mad they're getting stuck holding the bag a for the most part..

well, hiring extra workers during growth and letting go of extra workers during shrinking demand is good management; stock buybacks are also a useful tool to effectively manage a company's finances.

if workers or shareholders don't like the way the corporation is managed, here's the exit door -->

 

[rsm]

That sure didn’t help. Didn’t he let go of more than 1/2 of Berkshire’s Apple shares?

When players as big as Berkshire Hathaway start moving measurable holdings of entities the size of Apple, it’s gonna make waves. Like rolling over in an OG 80s waterbed - your spouse is gonna wake up.

But I think that points back to the axiom that the major stock indexes - Dow S&P - thrive under predictability. They are reactionary and tend swing wide and fast in response to significant holding shifts like Buffett just made.

I wholly agree with others who have said ‘I ain’t planning on retiring soon, so I’m not going to worry about it’

I will say, yesterday looked disappointing in a vacuum - but even considering that dip, the market has still paid me close to 3x the amount I have contributed this year. I’ve always said if the marked just matched my contributions 1:1 over the long haul, I will be fine.

They're called whales - large / influential investors that can move markets; Fidelity, Vanguard, BlackRock, Berkshire Hathaway,...

 

[Geo]

They're called whales - large / influential investors that can move markets; Fidelity, Vanguard, BlackRock, Berkshire Hathaway,...

Crooks, they should be called crooks.

 

[rsm]

Crooks, they should be called crooks.

c'mon man, it's all legal. If I had a few billion to throw around in the markets, I'd use it for my advantage too!

Congress members insider trading isn't legal, but they still do it because they're above the law.

 

[Geo]

c'mon man, it's all legal. If I had a few billion to throw around in the markets, I'd use it for my advantage too!

Congress members insider trading isn't legal, but they still do it because they're above the law.

Yeah but these big wigs get benefits and free passes that you don't. The stock market is a ponzi scheme.

 

[rsm]

Yeah but these big wigs get benefits and free passes that you don't. The stock market is a ponzi scheme.

follow the whales, and other influential investors can help us plankton-level investors too.

IIRC, there's a stock trackers that follow Nasty Pelosi's insider trading. pelosi stock tracker

 

[Geo]

follow the whales, and other influential investors can help us plankton-level investors too.

IIRC, there's a stock trackers that follow Nasty Pelosi's insider trading. pelosi stock tracker

That's one way to go about it, I prefer a reset. The dollar has been corrupted to the point where it is just a tool of the oppressors.

 

[rsm]

That's one way to go about it, I prefer a reset. The dollar has been corrupted to the point where it is just a tool of the oppressors.

can't beat 'em, use 'em.

 

[midnightlaundry]

can't beat 'em, use 'em.

Fuck them all.
Off with their heads in the Town Square by Guillotine for all to see..
Post it on your YT Channel.. like and Subscribe bitch...

 

[rsm]

Fuck them all.
Off with their heads in the Town Square by Guillotine for all to see..
Post it on your YT Channel.. like and Subscribe bitch...

just eat cake.

 

[psychodave]

The Kamala Krash

I took a big chance and bought the dip. Looks like I got a little lucky.

 

[rsm]

The Kamala Krash

I took a big chance and bought the dip. Looks like I got a little lucky.

nice; I'm keeping cash on the side in case we have a prolonged recession, and for other reasons.

 

[FourT6and2]

I'm this close to just selling every investment I have and putting it all into 5% savings and CDs. I could live off the interest just fine and not worry about the market. But that would mean a huuuuuuge tax liability event from capital gains.

 

[rsm]

I'm this close to just selling every investment I have and putting it all into 5% savings and CDs. I could live off the interest just fine and not worry about the market. But that would mean a huuuuuuge tax liability event from capital gains.

not if it means selling at a loss today IMO

 

[rsm]

today's "market recovery" wasn't very impressive. but at least it's up for today.

The press is irritating as usual, calling this "Stocks rally in comeback from 3-day rout" - um, not even close. This was merely a "people buying up bargains" bump, not even close to a rally, even if the dow was up 500 points like it was earlier

 

[NowYou'rePlayingWithPower]

This is a pattern I've seen before. Tuesdays like this after bad Fridays/Mondays. We should check back on Friday...

 

[rsm]

 

[FourT6and2]

not if it means selling at a loss today IMO

Some things would be at a loss. Others not so much. If I fully liquidated my portfolio today, I would have a very hefty tax bill.

 

[harddriver]

 

[311boogieman]

today's "market recovery" wasn't very impressive. but at least it's up for today.

The press is irritating as usual, calling this "Stocks rally in comeback from 3-day rout" - um, not even close. This was merely a "people buying up bargains" bump, not even close to a rally, even if the dow was up 500 points like it was earlier

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Rally