Thread: Exnavyew's Account Talk

Will be interesting to see how Wall Street reacts to the new Congress.

Ignore Congress!Broken-Piggy-Bank.jpg

Apple just confirmed the stock market's biggest fear

https://www.yahoo.com/finance/news/a...225049102.html

In 1930 Herbert Hoover signed the Smoot Hawley Tariff Act, and world responded with retaliatory tariffs. Within 2 years global trade fell 90 percent. 2000 economists petitioned Hoover to NOT sign the bill, but he didn't listen.

My Financial Advisor called yesterday and we discussed buying some shares in Apple. Took the plunge. I now own Apple stock. Of course this morning I heard if you have a 401K you probably have some Apple stock.

The market is about to get bad news from corporate America
https://www.yahoo.com/finance/news/q...163705017.html

Simply FYI:

These beaten-down stocks are expected to roar back in 2019
https://www.marketwatch.com/story/th...019-2019-01-14

Well, the futures are up so we're in for a down day tomorrow? Or is it a double reverse fake out? A triple? I'm dizzy.

Is this a belated Xmas rally? Take a look at the S&P 500 index from 12/24/2018 (Christmas Eve) thru the present. Been sitting in the G-fund.

This is looking a lot like January 2018, and we all know how that ended.

FWIW:
Why the stock market is headed for a swift recovery

https://www.yahoo.com/news/why-stock...120105798.html

NVDA making a big comeback today. Was down about $6 down a share and currently up $2 a share! Yeah!