You would be more than a millionaire
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2yr is 3.03
10yr is 3.01
One is bigger than the other. Will that spread grow?
Set a buy order for one share of GOOGL, figure I’ll get in before the split. I bought 10 shares of AMZN post split and are mostly even on it. Been deciding I’m far enough into energy and moving onto other depressed tech stuff. Seems the crowd is moving into dividend type stuff, although I love me some income I’m beginning to feel it might be better to buck the crowds.
GOOGL is still up around 40% from the start of 2020. Is that considered depressed?
YTD down 20%, I’d say so. YMMV
I don’t see them losing market share in the search world, I like their positions in services and even AI going forward. It’s just another play in the portfolio, most of it is being built on long term income growth but I like having some (hopefully) share growth mixed in. If one thinks tech was sunk by rates and not the fundamentals I think it warrants a consideration.
My parents bought a lot of Google for ~$100 a share when it went public. It's since split twice. Every $100 they spent is now worth ~$9,200. Granted that was almost 20 years ago.
As of Friday's 20-1 split it will be back to ~$100 a share. Curious to see what the future holds for this company. Hard to see it going down from that price in the long run, but you just never know about technology.
https://simplywall.st/stocks/us/medi...daqgoogl-50-un
Google is more than tech + data collection. From a revenue standpoint, they're an advertising company.
Crude back to early Feb price. Gasoline has a way go; anther .40c or so.
Interesting ploy . . .
"The US Bureau of Labor Statistics was forced to publicly discredit a fake inflation data report that circulated on Tuesday, just one day before the scheduled release.
The document, which sought to mirror the formatting of the monthly consumer price index report, claimed that annual inflation in June reached 10.2 per cent, much higher than economists’ forecasts of an 8.8 per cent jump compared to the same time last year."
8:30 am on Wed., the actual report is released . . . . It shouldn't matter, the Fed is likely going to raise 75 bps, but I guess the big debate is over what it does in 2023 and I'm not persuaded markets can predict/price that.
Yeah, tomorrow’s opener will be interesting with the news just before. I’m almost regretting using the last of my current free cash on GOOGL, I wouldn’t mind having cash to sell a put on something tomorrow morning.
Does anyone think that current market behavior is at all influenced by perceived future market results based on a Trump run for POTUS?
Well, the market does predict/price that, but how accurate they’ll be is another question:
Attachment 421378
https://www.ice.com/iba/usd-inflation-indexes
Inflation over the next 12 months expected to be 3.81%. The five years after that averaging 2.35%. So clearly the market is expecting inflation to be under control going forward.
9.1%
It's OK. I'm sure my employer will give me a compensatory raise... any day now...
For the markets, I assume the institutions weren't expecting a drastic improvement and we still have 12mo core dropping 0.1% and the fuel/food included was only 0.3% higher than predicted while the Fed said they don't want to kill the markets with interest as they control inflation...
... so slight panic followed by rally is what my magic 8 balls says.