Thanks for a good mix of information and insight and some education. And let me add my observation, which is that to make profit selling stocks you must have buyers for them. That observation comes from an engineering background. It is quite brutal but certainly true.
The fact that this company is doing so well tells us that it is prospering because more Americans are spending money on health care. And those profits are adding to the medical costs. THAT is why it is doing well.
It seems to me that the "resistance" is far more a realization that some shares are just not worth more than some price, no matter what. And quite often that is, in fact, the truth. Emotions are seldom to be trusted, especially in business matters and engineering.
This "event" proves beyond any possible doubt, that there are quite a few folks with more money in their hands than they know what to do with. And in my mind, in the light of the extreme gap in wealth, there needs to be some thinking about national priorities and the policies of the federal reserve bank club.
Really, all that a government would need to do is to announce that it would not accept any payments in what ever cryptocurrency. That would remove the chance of getting stuck with money worth only the value of the paper it is printed on. Of course it would mean a whole lot more if the US currency were still gold based, but the intention would be clear, and quite probably immune to legal challenges.
I should HOPE that oil would drop!! Gouging everybody else is just not good. And how else can it betaken when gas prices jump up a whole dollar per gallon in two weeks?? Of course gold will be doing well because it is the way to avoid inflation damage. Risks may still deliver profits but they might not. Thus they are risky.
Latest Comments
The Market May Or May Not Crash But Even If It Does, You Don’t Have To Follow It Down
Thanks for a good mix of information and insight and some education. And let me add my observation, which is that to make profit selling stocks you must have buyers for them. That observation comes from an engineering background. It is quite brutal but certainly true.
Markets Are Spooked
Always interesting, VL.
Daily Stock Analysis: Healthcare Trust Of America
The fact that this company is doing so well tells us that it is prospering because more Americans are spending money on health care. And those profits are adding to the medical costs. THAT is why it is doing well.
Analysts Diverge On Plug Following Financial Restatement News
THis situation explains the frantic advertising efforts that I have seen for Plug Power.
Teladoc Sinks After Amazon Announces Nationwide Virtual Care Launch
Definitely a reasonable drop, considering the competition that just showed up.
Volatility In The Stock Market Is Poised To Rise Sharply
It seems to me that the "resistance" is far more a realization that some shares are just not worth more than some price, no matter what. And quite often that is, in fact, the truth. Emotions are seldom to be trusted, especially in business matters and engineering.
Mixed Day
Always interesting and enjoyable to read. V.L, I like the style.
NFT Sneakers That Don't Yet Exist Fetched $3.1M In Just Seven Minutes
This "event" proves beyond any possible doubt, that there are quite a few folks with more money in their hands than they know what to do with. And in my mind, in the light of the extreme gap in wealth, there needs to be some thinking about national priorities and the policies of the federal reserve bank club.
Bitcoin (BTC/USD), Ethereum (ETH/USD) Price Outlook - Sharp Sell-Off Looks Contained
Really, all that a government would need to do is to announce that it would not accept any payments in what ever cryptocurrency. That would remove the chance of getting stuck with money worth only the value of the paper it is printed on. Of course it would mean a whole lot more if the US currency were still gold based, but the intention would be clear, and quite probably immune to legal challenges.
Dow Claws Back To Seven-Straight As Stimulus Checks Roll Out
I should HOPE that oil would drop!! Gouging everybody else is just not good. And how else can it betaken when gas prices jump up a whole dollar per gallon in two weeks?? Of course gold will be doing well because it is the way to avoid inflation damage. Risks may still deliver profits but they might not. Thus they are risky.