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.
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.
Intel: analyst can't even explain it.
- earnings release awful
- shares drop more than 7% after hours:
- "never seen anything like this before"
- anyone following the blog could have seen this coming
- started with posts regarding 10nm and 7nm chips
- went right off a cliff; this is not going to be a one-off
Raising dividends, announced so far today:
- ADM (Archer-Daniels)
- Murphy Oil
Later, 3:04 p.m. ET: for investors.
- Comment: looking at the market today suggests to me that those "in the FOMO camp" are finally realizing they "MO."
Later, 3:30 p.m. ET: for investors. The Dow is not up all that much today in the big scheme of things, but energy is going through the roof. Having said that, XLE was not particularly remarkable, again pointing out to folks that individuals can do much better if they a) have a plan; b) stick to the plan; and, c) pay attention to what's going on in the world.
Two examples:
- VLO: up over 4% today;
- XOM: up 3.7% today
- CVX: up 4.5% today;
- MPC: up 3.6% today;
- most of the others are running one- to two-percent in the green today.
The more I "see," the more I think "investors" conflate / confuse the terms used to define the stock market with terms used to define the economic cycle.
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