Pages

Thursday, July 11, 2024

Market -- July 11, 2024

Locator: 48106INV.  

Tech



****************
Disclaimer Briefly Reminder
  • I am inappropriately exuberant about the US economy and the US market, 
  • I am also inappropriately exuberant about all things Apple. 
  • See disclaimer. This is not an investment site. 
  • 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.
  • Reminder: I am inappropriately exuberant about the US economy and the US market, 
  • I am also inappropriately exuberant about all things Apple.    

Market starting to broaden out.

Sara Eisen: still among the three best on CNBC.

  • grocery inflation: coming down
  • new cars / used cars; both down
  • admissions to sports events: up 15% (Americans have never had it so good)

Americans have never had it so good.

  • exhibit A: TSA screenings -- record.
  • exhibit B: gasoline demand -- at recent record levels, despite this incredibly "poor" economy.
  • exhibit C: the Goldilocks investment environment. Folks earning 5% "doing nothing."
  • exhibit D: price of admissions to sports events: up 15%. And, then, of course, there's Taylor (IYKYK)

DE: jumps $10.

Market down!

Whoo-hoo! Will go ahead with plans to make six to eight individual investments in the market. Posted earlier:

I was hoping for market pullback today to make six specific equity purchases:
  • WMT, SCHD, XOM, MSFT, CMI, SCHG, 
  • list could expand
  • mix unlikely to change
  • Could add DVN, CHRD
  • none into my accounts; all into grandchildren accounts

AAPL: link here.

Market:

  • tech lagging
  • utilities up

Cramer's list of equities that could hit market cap of $1 trillion:

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.