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3/02 I woke up expecting bad news after Iran bombings

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    • March 2, 2026 at 5:18 pm #10439
      BigBalls
      Participant

      Figured I would review my portfolio, get it over with first thing and move on with my day. But alas, everything in my portfolio is green. NVDA, PLTR, TSLA, AAPL, all green, WMT just about even. Energy stocks are up, I don’t own any , but I thought that was interesting and perhaps expected.

      Another lesson on why it’s nearly impossible to predict the markets. Stick to your models, calibrate your risks,  ride out the rough patches, take profits when you hit record highs, and don’t panic. I’m no expert in anything other than real estate, consumer credit behavior, USC Football and good steaks, but that’s my opinion. Good luck everyone.

    • March 2, 2026 at 8:40 pm #10443
      Daystalker
      Participant

      I think you need to lick Donald’s boots and say thank you.

      • March 3, 2026 at 1:20 am #10455
        BigBalls
        Participant

        I stay away from pedophiles. They disgust me.

    • March 2, 2026 at 10:07 pm #10449
      RWC
      Participant

      Good advice Big Balls. As you know I’ve been a longtime shareholder of AAPL and NVDA so it’s good to see green today in what started out as a shaky pre market this morning.
      My other two holdings are Dell which popped big Friday, still off its all time high as well as Vertiv a company that manufactures cooling units specifically designed for Nvidia’s data centers. These are the only four companies I own outright with everything else in ETF’s and funds.

      Looking at the Market, the S&P and Nasdaq really haven’t made any headway since October. The sideways movement for the S&P 500 the last four months might likely be the exhaustion of upward momentum in large technology stocks. Those companies represent such a big percentage of the index now. I know that sounds weird after just saying I own some technology stocks, but the purchases were made over five years ago. Otherwise the market internals look pretty good.

      The tech heavy Nasdaq achieved its all time high of 23958 on Oct 29th. Every subsequent rally has failed. Investors continue to add leverage to their accounts, FINRA reported margin debt balances reached another record high of $1.3 trillion in January up quite a bit from the year before. No telling when the market may turn lower but, this increasing level of margin debt will accelerate the pace of the decline as leveraged investors are forced to sell. This of course is all the nonsense I like to check on when in fact the market will do whatever the market wants to do right? LOL

      • March 3, 2026 at 1:24 am #10456
        BigBalls
        Participant

        Lol, yep. Sometimes I over analyze things too and get analysis paralysis.

        That said margin debt balances reaching record levels is a significant data point and cause for concern. I’m going to spend some time looking through those numbers.

        Good post, unlike @Gaystalkers useless drivel in this thread.

    • March 3, 2026 at 5:50 pm #10478
      Java
      Keymaster

      You got your crash today.  But it enabled me to buy out my calls for Pennie’s and sell more in future weeks for $10,000+.

      also allowed me to buy out the rest of my lrcx calls so ya I don’t have to sell that stock anymore.

      and I bought out the short positions in cvna. So I don’t have any of that hanging over my head.

      and sold that Colton building and will have $3 million coming soon to figure out where to invest again   The problems we have in life

      • March 3, 2026 at 6:12 pm #10479
        BigBalls
        Participant

        I wasn’t going to post about today, but gottdamn, I’m getting hammered rite now. Buy the dip? What would Daystalker do? Oh yeah, suk off Trump.

        Congrats on selling that building and your other moves.

        • This reply was modified 1 week ago by BigBalls.
      • March 3, 2026 at 9:13 pm #10483
        Daystalker
        Participant

        I would raise rents today.  Moving is very expensive right now.

      • March 4, 2026 at 3:26 pm #10490
        Java
        Keymaster

        I am not a landlord.  I also found out I’m not a construction guy.  I don’t follow the rules well enough nor have the patience.  So looking forward to closing Colton today.  Getting Ontario running and closing down jurupa valley.  Running or owning 3 buildings  for one purpose is idiotic

      • March 4, 2026 at 5:02 pm #10496
        BigBalls
        Participant

        Too many rules in housing and construction. The politicians got in our shorts. Tenant protection acts are a disaster for landlords. Especially in LA County.

        That said today is the 4th of March, between the 1st and the 10th people I hardly know send me many thousands of dollars. And they will continue to do so, every month for the foreseeable future. And thanks to tax codes, most of it is tax free.
        From 2010 to 2012 I flipped houses, then I thought, why not just keep them and rent them ? That decision changed everything for me. Values exploded, rents exploded and I finally got the biggest asset of all, ownership of my time. Among the many things that allowed me to do was invest in stocks. That led to more money. Now that I think about it, investing in various things might be the key. I’m not going to pretend I know enough to give out advice but when the next real estate crash happens, consider buying a property or two. And always keep investing in stocks.

         

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