This market is getting over confident rather quick.

Still a lot of bad issues over hanging - don't think we have seen the flush yet.
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Short term bottom might be in. Long term is still to be seen.

I could technically start trading again, with small exposure, given 3 consecutive days of higher lows on the indexes.
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This old dog has seen many things in the course of my investing life.

Saw this coming........
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Just got a new job making significantly more money. Great time to keep my expenses low and buy like crazy.
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So a move from Shenzhen China to Georgia. That's quite the change of scenery and culture.
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That's no kidding. Welcome back to the states!
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I just moved to Dallas in March forgot to change my avatar. Moved to Georgia from Shenzhen last July. Keeping a cheap studio and my expenses low so I can shovel money into my index funds.
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I would ask if you miss China but I am guessing with all the shit going on there, the answer is probably no.

I miss my friends sometimes in Beijing and Hong Kong. Never had any in Shenzhen or Shanghai.
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Following up Walmart's poor report. whatever Target said at earnings must have been awful. Down 25%. Took everything with it. Costco hasn't reported yet and got pulled down 12.5% today. That's a hell of a reset of expectations for companies of that quality. So much for your consumer staple blue bloods being "defensive", geez.
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Between inflation and this insane labor market where we pay people 20-30% more than what a job is worth, these companies are being "squeezed" by their normal standards as the cost of doing business is through the roof on all sides. No way to control costs. Many companies have high valuations still, so we are finally seeing these blue chips being brought down to match the rest of the market.
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I miss the women that’s for sure.
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I've been trying to get a load of river rock in from Colorado for 2 weeks and the normal rate has been $1250 and now they want $1700. For trucking.
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If you are willing to pay enough, I can get it to you quickly from Colorado by running interference in a screaming chicken trans-am while my partner breaks trucking laws related time and mileage. For the right price, we might even follow up with an encore a few years later, but it really won’t be as good as the first one.
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20-30% is a bit optimistic. 50-100% is more in line. Here anyway.

Take it. Before they figure out they’re underpriced.
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I think they're gouging.
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