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Tuesday, October 4, 2022

It Appears The Bear Market Is Over. Recession? What? Me Worry? October 4, 2022

There are indications that the best opportunity in quite some time for investing has just come to an end. 

  • the best single indicator? Recent articles about Warren Buffet.

Abbreviated disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here. Full disclaimer at tabbed link.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.

WTI: up another 3.3%; up $2.75; trading at $86.37.

New Hampshire: LNG prices soar; electricity consumers see double

When talk turns to electricity bills, fear sparks and eyes roll. Consumers here and across New Hampshire feel squeezed, and some are choosing whether to postpone making essential payments.

blockquote>“A 112% increase is ridiculous. It’s either pay this on time or that on time,” said a waitress in Tilton, a town of 3,800 on the Winnipesaukee River.Because her earnings are unpredictable and her job is not guaranteed, she is nervous about rocketing costs. The price of powering her home recently jumped from $225 to $500 a month, she said. It’s tough to decide: “Do I make my car payments, or pay my electric bill?”

Covid-19: just ordered this book; published/released today, October 4, 2022.
excerpt here;

Twitter: Elon Musk says he will purchase at original offer price. 

Biggest story of the day? Link here.

  • Micron will spend up to $100 billion over at least the next two decades building a new computer chip factory in upstate New York
  • this is such a huge story on so many levels;
  • again, for investors, an open-book test;
  • go to the link and loook at how big this story is; it's simply incredible. 
  • will post later as a stand-alone post;

Streaming: by the way, there was a huge story on "streaming" also

  • don't remember what it was;
  • can't recall if I posted it?
  • when I find it, I will let you all know
  • but a lot of things have been percolating this past two months, 3Q22 -- now we enter 4Q22.

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