still expecting second half dump
I'm looking at the student loan resumption as causing downward pressure on consumer spending. lingering inflation will have its effect too.
welcome to a great platform
I've enjoyed the social content a lot and am watching non US based investments and investors to round out my views on investing. all the great perspectives may help you as well.
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taking off albatross
logistics on the scale required definitely requires capital but that business is low margin. this move is better and avails them to other delivery systems as new ones evolve.
HODL
I've yet to do more than buy and hold. mostly by gut instinct. not working well in a bear market. I'm going to do a better job as I am getting more comfortable with true trading as opposed to "investing". I will at least develop an exit strategy with stop losses.
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regional banks to suffer more
interest rate hikes and inflation will erode any profits being made outside of the deposit base. stock buybacks has reduced the amount of available cash to survive any cost increases. plus flight of depositors to larger banks makes access to the lowest cost products makes the margin squeeze extremely rough. I see a few dozen more failures. predatory behavior by larger banks will let them pick through the failures. probably a few distressed pre-failure mergers also. I...
right now we have to take into account bearish sentiments and the Fed's manipulation of interest rates to look past the charts. as has been demonstrated by the recent bank failures,higher interest rates have wiped out the ability for many companies...even whole industries ... to survive,much less prosper. thus I think there will be spikes and downturns that will move outside of technical analysis. when the market stabilizes I expect technical analysis to regain its advantages.
defensive position
I've been investing vs trading so I've been hodeling a few stocks and am stuck in a few losers. just trying to keep from further dips.
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2023 goals
2023 I enter with caution
scared as he'll to learn about option
but is the market stabilizes I'll try
scared as he'll to learn about option
but is the market stabilizes I'll try
rreturn to stock investing
I left active trading in the late 1980s but was attracted back by the technology of apps like Moo moo. Additionally finding a community of investors from all over the world has been a bonus-- I get to hear others 'thoughts and warnings. my portfolio is down in general like everyone's but I'm doing better than the market so I'm relatively pleased. I've showed more restraint in investing in penny stocks and have moved closer to stronger companies. I'm learning the differe...