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12-23-2021, 01:40 PM | #12211 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Look for Disney to get back to $180 or more over the next 2 months
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Posts: 50,920
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12-26-2021, 11:45 AM | #12212 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Don't forget everyone, year end tax selling for the dogs on your portfolio.
Could be some good bargains at the end of the week. |
Posts: 50,920
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12-28-2021, 09:33 AM | #12213 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 50,920
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12-30-2021, 12:46 PM | #12214 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Traders buying beat down stocks.
Tax selling pretty much over |
Posts: 50,920
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12-30-2021, 12:47 PM | #12215 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 50,920
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12-30-2021, 12:48 PM | #12216 |
It's just a ride.
Join Date: Dec 2010
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Retail is gonna get rekt so bad. A crash is basically inevitable this year.
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Posts: 7,610
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12-30-2021, 12:58 PM | #12217 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 50,920
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12-30-2021, 01:29 PM | #12218 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Why do you think that? It's a boom time for younger workers who are more likely to have kids and who are still in acquisition mode on household goods. I would think that portends growth in retail over the next several months.
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Posts: 141,813
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12-30-2021, 01:59 PM | #12219 | |
It's just a ride.
Join Date: Dec 2010
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Quote:
Put simple, we are ****ed and the entire economy is in for necessary and serious correction. Not to mention Covid, Russia, and China fear plaguing 2022. It's a bad time to be a buyer right now. Pretty much everything is over priced. |
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Posts: 7,610
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12-30-2021, 02:06 PM | #12220 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Posts: 50,920
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12-30-2021, 02:07 PM | #12221 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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The inflation part is the great unknown.
That would be a depresser on things. |
Posts: 50,920
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12-30-2021, 02:26 PM | #12222 |
It's just a ride.
Join Date: Dec 2010
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Stimuluses are gone, child tax credits are gone.
Consumers have already exhausted their savings. Look for yourself they are below pre-pandemic readings. https://fred.stlouisfed.org/series/PSAVERT Credit card debt is surging higher. https://www.cnbc.com/2021/12/27/holi...card-debt.html Retail won't be able to buy these toppy dips forever. |
Posts: 7,610
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12-30-2021, 02:34 PM | #12223 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
I've been reading that good stocks in an inflationary environment are companies that can easily siphon off increased dollar flows (e.g., banks and credit card companies) and low-cost consumer goods (e.g., Coke and Pepsi, fast food, etc.) What do you all think? |
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Posts: 141,813
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12-30-2021, 02:39 PM | #12224 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
In the big picture that's not as good as the situation last year where people were saving and paying down debt, but it's just moving back to historic norms based on what I'm reading. |
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Posts: 141,813
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12-30-2021, 02:51 PM | #12225 |
Banned
Join Date: Jan 2013
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Nobody knows shit about ****.
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Posts: 53,803
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