Truth is irrelevant. Market is on edge.
https://truthsocial.com/@realDonaldTrump/posts/115350455734003647
He’s about to meet with Xi. Just negotiating tactics.
Edited to say - just read the meeting is off based on Xi’s posturing. Still all posturing.
Disclosure: Except MELI and GOOG, those are on my BTFD list. IMHO, prices are still too high to BTFD.
Dropped most software stocks except SNOW, long ago.
Nibbling MP. Not sure I should get other RE stocks esp USAR.
Red red red.
Netflix’s bad earnings.
Government shutdown.
Multi-polar world.
Decoupling of two largest economies continue… started since Trump 1.0.
Which prisons do other nations want to join? Form a third one?
Polar Worlds
USA, NATO, EU, G7…
BRICS, SCO, BRI, China-Central Asia Summit…
ASEAN, EAS
Who else?
I buy really boring stocks no one wants. Nucor steel was my big Covid buy and it’s tripled. I month ago I loaded up on some UPS. It was so hated it traded at 12 times earnings and yielded 8% - and the cash flow made that dividend look sustainable. At 8% I don’t care if it takes them years to shift from low margin deliveries (Amazon) to high value deliveries (perishable biologics) and automate the hell out of everything. Today is looking like I won’t have to wait years.
Another stock that BTFD works is NVDA. ATH $212.19.
PLTR ATH $199.85.
First $5T market cap: NVDA
2nd/3rd $4T market cap: AAPL and MSFT
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