Bad news is the new good news, LOL.
The same bad news will be bad news in a quarter or two is my guess.
I guess this is good news because they can be happy about rate hikes stopping.
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Bad news is the new good news, LOL.
I normally don't see the "Santa Claus Bump" until December and it will typically run through February. My all-time high IRA balance was recorded in January, 2022. Unfortunately, it's been all downhill since then.I'm not feeling a Santa Claus rally this year.
For clarification, what I meant was that I don't foresee a Santa rally happening. Too many companies reported misses on revenues and made cautious outlooks for the upcoming quarter.I normally don't see the "Santa Claus Bump" until December and it will typically run through February. My all-time high IRA balance was recorded in January, 2022. Unfortunately, it's been all downhill since then.
Depends on how the retail sector does over the next eight weeks. My broker is optimistic that we'll be OK. I've got enough cash on the sidelines to get my wife and I through March, 2024, and I haven't been forced to sell any of our holdings at a loss.For clarification, what I meant was that I don't foresee a Santa rally happening. Too many companies reported misses on revenues and made cautious outlooks for the upcoming quarter.
Plug Power looking like another Solindra. Lets see if the Feds pump more into it.
Plug Power looking like another Solindra. Lets see if the Feds pump more into it.
Good friend has been holding Plug for years. He’s watched his money double then get cut in half so many times I’ve lost count.
I just told him to take his gains earlier this summer and as far as I know, he never did.
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Lots of retailers report this week. Home Depot, TJ Maxx, WalMart, Macy's, Ross, BJ's.Guess I'll grab a pair of tuckits in every color. I'll be completely honest, I don't usually hold through earnings, but I didn't catch this one and it paid off. Could've really went the other way.
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Nice. Good fortune and good luck!The past week has been pretty good for my IRA account, but the potential for a continued roller coaster ride is still there. I'm up over $28,000 in the past four days so I hope this run continues. With any luck, the retail bump that typically takes place over the next couple of months will earn my wife and I enough gains to fuel our cash account for all of 2024. My broker will be looking to take profits when the opportunities present themselves. Keeping my fingers crossed.