Chinese stock market continues to get beaten down.
SVTP stock pick thread.
- Thread starter STAMPEDE3
- Start date
With everything that is going down there, the market is being controlled in how fast it is allowed to collapse.
If you still have supply chain in China, you should be fired.
Since that day:
ASML up 56%
AMAT up 98%
KLAC up 93%
LRCX up 109%
FSELX up 78%
These are very large, established companies in a market with brutal barriers to entry that have huge war chests to endure downturns. Typically the upturns last 3-4 years.
Consumer staples stocks continue to get no love.
Market is flipping rocking. S&P is at a record high right now.
Made $8,100 today.
I didn't do quite as good, but I was up $4,827 on Friday. Still down $9,000 since my post-Christmas high on 12/27/23.
I'm up a ton since June. It was $165K, but way higher now.I didn't do quite as good, but I was up $4,827 on Friday. Still down $9,000 since my post-Christmas high on 12/27/23.
On the bright side, in 2023, we took out $37,516.00 from our IRA and added it to our social security income. Despite this, our account balance is still $7,762.57 more than it was at this time last year. Counting the withdrawals, that would translate to roughly 6.3% growth. That's within the market average, but well below what our broker typically earns us. There have been years where our EOY ROIs were in the 14-16% range.
Our EOY averages have been less, since I retired two years ago and our broker flipped our stock/bond ladder. It's now 31% stocks/68% bonds/1% cash.
Our EOY averages have been less, since I retired two years ago and our broker flipped our stock/bond ladder. It's now 31% stocks/68% bonds/1% cash.
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I know, it's crazy. It was just mid $400' s a short time ago. I saw some $600 a share talk a while back. For $10K you could get 60. lolSuper glad I sold at 214 lol
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Off to the races this morning so far. A lot of earnings reports this week.
www.kiplinger.com
Kiplinger's Earnings Calendar for This Week (April 15-19)
Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.
www.kiplinger.com
Shorties riding RILY for all they're worth. Gonna be an interesting ride.
Chinese markets continue their bloodbath.
Chicoms propping up Yuan and limiting short selling.
DCFC
EV company .. something abojt big news coming
EV company .. something abojt big news coming
The company I work for, Lam Research (LRCX) is reporting earnings after the close. As always, the forward looking statements are more important than how much we made in the quarter. Micron had a good outlook for 2024, but if they have a lot of unused capacity it might not translate into a lot of sales for us just yet.
www.zacks.com
What's in the Cards for Lam Research (LRCX) in Q2 Earnings?
Lam Research's (LRCX) fiscal second-quarter 2024 results are expected to reflect strength in 3D DRAM and advanced packaging amid a slowdown in memory spending.
www.zacks.com
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