Something has changed in me I guess. But I bet this thought has some far reaching ramifications and I'm probably not the only Portfolio manager to feel this way. The days of silliness are done/ it's going to be tough sledding for companies that don't have cash flow to rely on. We are entering a new period in the market.- We are moving from sure recession to maybe soft landing. Unless we all think Jamie Dimon has lost his mojo we must be prepared for the recession part-- it just comes later than most people thought due to savings that the US consumer has built up because of the pandemic.- I predicted this a ways back but we are going to start to hear a steady drumbeat of Europe is falling apart. Europe is in recession and all of that. The US market will begin to be referred to as The Only game In Town and the safest bet when compared to Europe. I've been through this before. Europe's problems will also land here at some point. The good news? The Fed by then will have built up rates to the point where he can hold them high for an extended period to thoroughly stamp out inflation.- The market sees it differently the market sees the Fed lowering rates-- and I am in this camp-- I think they talk one way but the idea is to get the rates high enough so that The Fed can do a whole bunch of 1/4 cuts... But the Fed does not like being made a fool of or being led by the reins so pretty sure some pain is coming our way as the Fed makes us understand they are in control and not vice versa. Can we run up from here? YES. As inflation comes down and more and more folks say No Recession we can lure the market up... That move though will fail. Two more .75 hikes will take the breath out of the market sure as a Mike Tyson left hook. ~stoney
We've been through this before don't make me re hash it-- but learn from it. You often say one thing is good but it may go down first and that's what happened here-- I have you down for this stk in terms of doubling-- my view is as long as you bring an idea to Radio Savant and own just a little that's enough to be included in the Murder The Market portfolio-- I've been watching
I think that stock that mines the ocean floor is a great idea! And it's the essence of what attracted me to SPAC's in the first place. Some smaller guys were going to get a chance. And this seems such a good for the earth idea I really doubt if insiders are abusing the shareholders like in so many SPAC's. So doesn't this stock violate my making money barrier.- Yes. I may be just hoping here but the only things getting done about global warming are big corporations deciding to do stuff because their shareholders approve. So ESG investing which I know went way out of style-- couldn't we somehow make a gentleman's agreement here in the market- that these are the types of stocks that should be speculated on! That the end result is good for the earth and it's ok.... That's kind of where I'm at. I have extensive green energy knowledge and know a ton of names in the space -if this sector really took off you're riding with the right cowboy.
Van- Whatever you were smoking the day you recommended TPIC you should re find because the stock you chose to replace it was Darling a big winner! So that day -that mindset- go read the posts all around it-- that's money making Van! Now lets talk about Darl.. From a TA point of view the ride is getting late. $78 or $76 is when I fear it ends. $72.40 now.//////////////////////// If you have a bunch and I hope you do I would think about selling once you crest $76. Are we waiting for earn?
Did you get my feedback on RBLX earn? I was surprised currency could be factor it was a head's up for me on a lot of companies maybe I wasn't thinking about the high dollar enough. Got to think that's well known though-- EPS miss would not be sold off- more about Time spent engaged post pandemic not declining and the imaginary stuff they sell.
TMC The Metals Company (NASDAQ:TMC) intends to extract materials critical for a renewable/EVfuture from the deep seabed floor starting in 2024. In partnership with Nauru, TMC has exploration rights to the NORI region of the Clarion-Clipperton Zone in the north-east Pacific Ocean Working with strategic partners (and investors) such as Maersk, Allseas, and Glencore, red tape- . Deep sea mining will be regulated by the International Seabed Authority. A final regulatory regime for deep sea mining was supposed to be in place by 2020 but was delayed due to a combination of the pandemic and standard international body "efficiency." In June 2021, Nauru submitted notice to the ISA that it intends to begin resource extraction. By treaty, this sets a two-year deadline for the ISA to finalize regulations by the summer of 2023 or TMC can proceed in a virtually self-regulated fashion. >>>>>>>>>>>>>>>>>>>>>>>>>> The TMC stock suffered significantly from its initial investors withdrawing their capital, leaving the company with significantly overvalued stock. This puts all the company's projections and valuations into question, as its capital assumptions are overstated from the initial investor presentation The DeepGreen Metal Company and now TMC face a lawsuit due to poor corporate governance practices (and insider trading practices) in an acquisition. Another states the company overpaid on exploration licenses to insiders. The company has its share of controversies and shady deals that can affect its long-term sustainability and profitability. Hummmmm You can't trust anybody these days./// The guy I heard on the radio was much more eco must be a private co doing the same thing.- You can't patent this- maybe the process...
Still $10----> $1.00 it's an amazing fall. If things got just a little less bad wouldn't this jump to $4-$5?
I have an idea. & the chart of the week-! ROSS STORES> BACK TO SCHOOL W/ DISCOUNT MERCH DOUBLE BOTTOM @ $71 <----- 1st Target-$87 2nd target $103 FINAL TARGET- $116 stock now is $84.25/// Poss view) -Ross Stores upgraded to Positive from Mixed view at OTR Global 09:37 ROST, TJX, BURL OTR Global upgraded its view on Ross Stores (ROST) to Positive from Mixed after checks with vendors and store managers for TJX (TJX), Ross and Burlington (BURL). Neg view) -Ross Stores Q2 comp estimates lowered at Cleveland Research 09:56 ROST Cleveland Research has lowered its comparable stores sales estimates for Ross Stores below consensus based on its checks. The firm has a Neutral rating on the shares. Maybe the view that matters) -Ross Stores initiated with a Buy at Goldman Sachs 04:41 ROST Goldman Sachs analyst Brooke Roach initiated coverage of Ross Stores with a Buy rating and $102 price target, which implies 24% upside. The outlook for the apparel sector continues to weaken but the off-price sector is "defensively positioned," Roach tells investors in a research note. She sees opportunities for Ross to gain market share as it increasingly benefits from trade-down among its core lower-income consumer following "initial demand shocks." Pattern Bullish DUBLIN, Calif., August 04, 2022--(BUSINESS WIRE)--Ross Stores, Inc. (NASDAQ: ROST) plans to release its second quarter 2022 earnings results on Thursday, August 18, 2022 at approximately 4:00 p.m. Eastern time. consumer confidence has been steadily declining in the United States, falling below levels that we have seen during the 2008-2009 financial crises. ROST IS DOWN 30% YTD. DURING PAST DOWNTURNS IN CONSUMER CONFIDENCE ROST HAS GREATLY OUT PERFORMED. NEXT WEEK'S IDEA-> ROSS STORES*