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Quote:
Originally Posted by tabs View Post
Read the link.

Nothing was selling in the 2nd qtr of 20..SO ANYTHING WOULD LOOK LIKE UP..DISINGENUOUS

It was a 26% decline..WAS IT FOR JUNE OR FOR THE 2ND QTR FROM THE 1ST?

YOUR ANIMOSITY IS SHOWING.
Quote:
Originally Posted by tabs View Post
FORD sales dropped 26.9% in the 2nd qtr.

https://www.cnbc.com/2021/07/02/fords-june-sales-decline-by-26point9percent-as-company-misses-q2-expecta

You figure out what that means.
Ford's June sales decline by 26.9% as company misses second-quarter expectations

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place

DETROIT – Ford Motor's June and second-quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints.

Ford previously said it expected to lose half of its production in the second quarter due to the chip shortage. Earlier this week, it also announced additional production cuts throughout July due to the problem.

Ford's sales follow GM and other automakers reporting significant increases in second-quarter sales but at a slower pace through the quarter due to low vehicle inventories caused by the chip shortage.

"Consumer demand is still very strong, but the inventory is somewhat lacking."

Old 07-04-2021, 06:30 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #41 (permalink)
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Hey, that's my line!

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Originally Posted by Chocaholic View Post
Here’s my advice...any stock that I recommend...do the opposite.
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Old 07-04-2021, 08:40 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #42 (permalink)
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♪♪ I'm back, I'm (in the) black, I'm ready for a good time. ♪♪

Phew, my first good day in a long time. My main stock is up 5.4% today - just one day. Yay
Old 07-04-2021, 10:17 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #43 (permalink)
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Quote:
Originally Posted by Bill Douglas View Post
♪♪ I'm back, I'm (in the) black, I'm ready for a good time. ♪♪
Same here, hit a new high on Friday.
Last time it did that was a month ago, and then it dropped a hundred k in two weeks.
Feels good to get it back but I hope it doesn't repeat.
Old 07-05-2021, 12:12 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #44 (permalink)
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Quote:
Originally Posted by SeanPizzle View Post
No Bogleheads in this thread? Buy and hold index funds. 90% of managed funds underperform the index over at 10 year period. Picking individual stocks as a retail investor is a fools errand, you will never out trade the machines. You also want to avoid triggering short term capital gains thru active trading, IMHO.
Boglehead here. The only individual stock I own at this time is general motors, the rest is in ETFs and mutual funds or cash/MM.

The reason most managed funds underperform the indexes is because the funds tend to take on less risk. More diversification of portfolio means less potential downside.
Before I retired I was heavy into VUG and SPY (index based) but have changed strategy since.
And since I'm retired and am more concerned with KEEPING my $$$ than growing it long term, less risk makes sense.
Fer example, a few that I own:

VIG
VSCGX
VYM
DGRO

There's duplication there but my current emphasis is on high value and yield dividend stocks. I dumped most of my bonds earlier this year when interest rates started up which hurt the bond prices. I still have some, but no where near as much as last year.
I also have too much sitting in cash but I'm waiting for the next big correction.

Most of my investments are in ROTH or conventional IRAs so capital gains are not an immediate concern.
Old 07-05-2021, 12:33 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #45 (permalink)
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Sammy. Blimmin Sydney Airport went up 33.9% yesterday. Darn. I'd been watching that one for years but never moved on it. A consortium of businesses are looking to do a takeover.
Old 07-05-2021, 01:04 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #46 (permalink)
 
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Quote:
Originally Posted by Sooner or later View Post
Ford's June sales decline by 26.9% as company misses second-quarter expectations

Ford sold 475,327 vehicles during the second quarter, a 9.6% increase from a year earlier when the coronavirus pandemic caused Americans to shelter in place

DETROIT – Ford Motor's June and second-quarter sales were below analyst expectations as a global shortage of semiconductor chips caused significant production cuts and inventory constraints.

Ford previously said it expected to lose half of its production in the second quarter due to the chip shortage. Earlier this week, it also announced additional production cuts throughout July due to the problem.

Ford's sales follow GM and other automakers reporting significant increases in second-quarter sales but at a slower pace through the quarter due to low vehicle inventories caused by the chip shortage.

"Consumer demand is still very strong, but the inventory is somewhat lacking."
I think the Boyz are fully capable of reading the article themselves without your help or your leading them to a conclusion. But one must thank you for your sentiment.
Old 07-05-2021, 09:31 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #47 (permalink)
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Early this afternoon I spent some $$$ on COP, MRO, BAC and JPM.

Plan is short term pump and dump, but that could change.
Old 07-06-2021, 04:26 PM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #48 (permalink)
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Bought a bunch of SAVA last Oct at $3.14. tickled $92 yesterday. I have no strategy.

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Old 07-07-2021, 05:32 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #49 (permalink)
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