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Everything posted by easilyscan
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Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
That seems to be the pattern the last couple of quarters. after market hours active +5.50 (+2.65%) AMZN: after market hours active -12.11 (-5.17%) -
Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
Most of my money is at Fidelity. I use FDRXX & SPAXX for cash. Current yields are 4.03% & 3.97% -
Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
Love that movie. Needless to say, interest rates were far higher back then. I don't understand the obsession with them at this point in time ? Current rates are around the historical average, the markets are rocking, (NASDAQ futures currently up around 300 points) the economy is doing OK, unemployment is low, etc What's not to like ? Besides, is it so horrible that those people that for whatever reason, have a substantial amount in cash, get a decent rate of around 4% Because I'd been building up cash for a down payment on a new house, my cash reserves @ Fidelity had an ADB of 125K in November 2021. I made $1.05 in interest that month. ONE-ONe HUNDREDTH OF ONE PERCENT For comparison, the ADB was a little under 40 K in June & I earned $129.46 Jerome Powell is doing the right thing. -
Too kind. What a miserable FAT b1tch
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I've seen all kinds of tsunami videos on YouTube, but the one I ran across recently shows it in a way I've never seen before. Horrific. Start @ 0:47
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“A Male, Possibly White”-CNN—Squissy does a heel turn on 🌈.
easilyscan replied to HellToupee's topic in The Geek Club
Why would we want to do that ? A majority of threads @ this forum end up drifting away from the original subject. -
“A Male, Possibly White”-CNN—Squissy does a heel turn on 🌈.
easilyscan replied to HellToupee's topic in The Geek Club
Right. They absolutely will not admit it. Their solution is always the same.......... we need to increase education funding. Especially maddening in a state like Minnesota, where a substantial % of Republicans, would be considered Democrats in many other states. -
Not sure what you mean ? A Google search says she's 84 years old & living a quiet life with her husband Sam Elliot.
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“A Male, Possibly White”-CNN—Squissy does a heel turn on 🌈.
easilyscan replied to HellToupee's topic in The Geek Club
The Minnesota DOE has been tweaking the standards required for graduation down (Large Hmong/Somali Population) for decades. While more students are graduating, a significant number are not reaching grade-level proficiency in math and reading. For example, in the class of 2023, only 36.3% could do grade-level math. Minnesota ACT scores continue to decline, and student performance on national assessments is at its lowest point in 30 years. Some reports indicate that nearly 42% of 10th graders are not reading at grade level. -
“A Male, Possibly White”-CNN—Squissy does a heel turn on 🌈.
easilyscan replied to HellToupee's topic in The Geek Club
File that under 'an inconvenient truth' A substantial % of the population has been conditioned to avoid discussing subjects like these, or even denying them, even though deep inside, they know it's accurate. -
Newman, Redford, & Ross. Butch Cassidy and the Sundance kid https://www.imagebam.com/view/ME14KROT
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“A Male, Possibly White”-CNN—Squissy does a heel turn on 🌈.
easilyscan replied to HellToupee's topic in The Geek Club
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Needed some packing to return a router, so I bought a USA today weekend edition. Have to say I thoroughly enjoyed it, although I was shocked to find a single issue costs $3.00
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Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
Congrats on taking advantage of the situation. It's hard to do at times like that because your instincts tell you to sell. This last deep correction was pretty short-lived however. The most painful one I experienced was the bear market of 2008, which lasted about 1.5 years. I think the S&P 500 was cut in 1/2 @ one point. There was a 3 or 4 month period I couldn't bring myself to look at my Fidelity account. My biggest mistake was that I started purchasing Bank Of America stock a couple years earlier. I was in the red by 25K. Next time I logged in, BAC was down to about $6.00 & I bought another 1000 shares. Thankful I did so now, but it was hard to do @ the time. Let's just hope we never go through a period like the markets went through from 1965 to 1980. One of the guys that's been on CNBC for years was a newbie at a brokerage firm in 1980. He said @ that time, no one was buying stocks, no one was selling stocks, no one even wanted to talk about stocks. Compare that to today. -
Back in those days, the Friday (Weekend) edition of the USA today was a must for fantasy football players & gamblers.
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Nope. Did about half the crossword puzzle and then quit.
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Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
I wasn't necessarily making any predictions. If nothing else, it might persuade me to build up my cash positions a bit so when the time comes, I can take advantage of Weakling panic sellers! -
Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
It is beginning to feel a bit frothy. https://www.longtermtrends.net/market-cap-to-gdp-the-buffett-indicator/ VXX @ 52 week low https://www.imagebam.com/view/ME14J5QL -
Dumb take. I enjoyed partaking in the act of reading a newspaper for the first time in decades, wasn't referring to the contend.
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Both
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What are venetian blinds used for in Ethiopia ? Bunk Beds
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I like to keep an eye on stations like CNN & MSNBC to see what kind of BS they're peddling. Happened upon this story regarding Afghanistan & USAID late last night. They have the nerve to show the death of a child. Attempting to shame/blame the US starts around 8:30 https://www.cnn.com/2025/07/23/world/video/digvid-ldn-afghanistan-usaid-isobel-yeung I've heard people on this forum say we're the richest nation on earth & should share our fortune with the rest of the world. Are we really ? The government (which is us BTW) certainly isn't. 38 trillion in debt, + another 175 trillion in current/future unfunded liabilities relating to SS & Medicare. That isn't counting recurring misc debt we add every so often. Bailing out the USPS pension every couple years, subsidizing Amtrak, billions in agriculture subsidies etc, I suppose someone could argue that we should count real estate and the capitalization of the US markets. U.S. residential housing $50 trillion..... Stock market capitalization 32 trillion (the magnificent 7 alone account for over 21 trillion) We could all give up our houses and all of our stocks/funds/savings/bonds etc. & we'd still be about 131 trillion in debt. While it's unfortunate people are dying, I respect his answers, especially when he says we don't have the money to give, we're borrowing it. If the debt figures shown above were surplus figures, I'd be fine with funding parts of the world that need it, unfortunately that's not the case.
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Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
It's always good to have a strategy and stick to it. I might consider taking some off the table as well. -
Stock Market bubble - will burst - it did, and recovered twice. ***Official thread***
easilyscan replied to Gepetto's topic in The Geek Club
2 of the magnificent 7 reported after the close. Tesla SHI* the bed again, but Google did well.
