The Market 2021

[Folster]

What branch did you serve? I was unaware.

Marines

 

[Folster]

thats a really weird 5 year chart for 2021. lockdown has been good for home improvement.Good for lowes.

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Looking at 5 year charts makes everything look like a bad buy at this point.

 

[Devilmaycare]

Just wish I would've bought it in March.

I can say that about a lot of stuff. Kicking myself for not dumping more into SQ and TSLA at the time.

This is not a recommendation for LOW, just sharing.

Any thoughts? I personally prefer them to HD partly because they are so close to me, have cleaner stores, and offer a permanent 10% veteran's discount.

I like Lowes better but usually shop at HD. There's one within 5 min. of me and the closest Lowes is like 15 min. away.

 

[BigRedRage]

Marines

Nice! Thank you for your service.

Looking at 5 year charts makes everything look like a bad buy at this point.

Makes BA look like a great buy

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[Folster]

I can say that about a lot of stuff. Kicking myself for not dumping more into SQ and TSLA at the time.



I like Lowes better but usually shop at HD. There's one within 5 min. of me and the closest Lowes is like 15 min. away.

I think that is everyone's experience with HD and Lowes. Whichever is closer. Same with grocery and drugstores.

As far as buying the dip in March. Hindsight being 20/20. I did put quite a bit into the market in my Roth, but I did jump a little early before the market reached its low point at the end of March. Them's the breaks.

 

[dscher]

Keep an eye on volatility folks.. the technicals show no breakdowns in the longer term trends of the vix and that it could be just a pullback since the March crash. The divergence of the vix from the $spx is the largest since the vix's inception.. these are warnings of black swans that investors should at least be aware of. Jmo.

 

[elindholm]

I could be wrong, but the only "bickering" was when someone jumped into the convo and complained about the mention of Trump.
Quite simply, Foster posted his joy in dumping Twitter. I offered a differing opinion about the basis for his reason to dump the stock, not knowing he intends to buy it back (since he left that part out of his post). No bickering...

It's ridiculous to pretend that it's possible to establish a firewall between economic and political matters. If you're talking about economics, you're talking about politics.

 

[elindholm]

I can say that about a lot of stuff. Kicking myself for not dumping more into SQ and TSLA at the time.



I like Lowes better but usually shop at HD. There's one within 5 min. of me and the closest Lowes is like 15 min. away.

I'm not interested in either stock, but I'm definitely in the camp of Home Depot over Lowe's as far as I where I shop. I have to drive twice as far to get to Home Depot, but I won't set foot in Lowe's if I can help it.

 

[Folster]

It's ridiculous to pretend that it's possible to establish a firewall between economic and political matters. If you're talking about economics, you're talking about politics.

Discussing how the politics can affect economics and the market is fine and encouraged, but turning it into a personal political discussion/argument is best left for P&R.

 

[dscher]

For anyone interested in some TA...

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[Western Font]

Between the two I shop at Lowe's over Home Depot because of the politics of the HD owners, but that's all I'll say about it. There's another national chain I'll often choose over both, and if it's a small item I need, I'd prefer a neighborhood store, be it an independent store or a franchise.

I don't know the financials of any particular company, but home improvement could be a good recovery stock category because it *seems* as though the housing market will be hot again this year. Lots of work being done on new purchases and flips, plus renos with intent to sell because of high prices, or to stay in place because of high prices. This is all spread across local markets, of course.

 

[Folster]

It's said that taxpayers pay for deficit spending with either increased taxes or inflation. We may not be able to see the inflation yet with small consumer goods right now, but we are certainly seeing it with assets like stocks and real estate. At some point we are going to see inflation across the board. It's just a matter of time.

 

[Mainstreet]

Between the two I shop at Lowe's over Home Depot because of the politics of the HD owners, but that's all I'll say about it. There's another national chain I'll often choose over both, and if it's a small item I need, I'd prefer a neighborhood store, be it an independent store or a franchise.

I don't know the financials of any particular company, but home improvement could be a good recovery stock category because it *seems* as though the housing market will be hot again this year. Lots of work being done on new purchases and flips, plus renos with intent to sell because of high prices, or to stay in place because of high prices. This is all spread across local markets, of course.

I shop both but I like Lowe's for appliances because they can get them delivered and installed. I've been pleased with this part.

 

[Russ Smith]

I shop both but I like Lowe's for appliances because they can get them delivered and installed. I've been pleased with this part.

When we rented a house in Elk Grove we bought a washer and dryer from Lowes. it was cheap and they kept trying to upsell us but eventually we got it. They delivered it and the install guy was great. i wanted the door reversed on the dryer so as not to be in the way when you transfer from the washer to the dryer, he did that and he told us outright this set it as good as ones that cost 3 or 400 more we sell, we're always surprised more people don't buy this set it's the best value in the store. We went cheap because we knew we were not staying and sure enough we moved and the w/d have been in a garage for over 2 years now. But we were really impressed with Lowes. We had looked at HD but less choice and it was very clear they were pushing the high efficiency ones and basically had no interest in selling us anything but HE which we didn't want since we knew it was just a short term thing. We didn't want to buy used and inherit problems so we bought new and cheap, Amana and it was actually very good when we were living there.
For work I much prefer Lowes to HD because it's easier to find stuff, but HD often has things I need that Lowes doesn't.

 

[jf-08]

I typically just invest in Index Funds, but I picked up SPCE (Virgin Galactic) some months ago and it's up 85% now.

And last month I picked up LAZR (Luminar Tech) who is an autonomous vehicle sensor and Lidar technology compnay who designs, builds, and sells longe-range Lidar products for automibiles and I hope will be instrumental in the self-driving car arena. They are up 15% since I bought.

I also bought Smith & Wesson but they are down 7%. I didn't put too much $$ in them though.

 

[Folster]

When we rented a house in Elk Grove we bought a washer and dryer from Lowes. it was cheap and they kept trying to upsell us but eventually we got it. They delivered it and the install guy was great. i wanted the door reversed on the dryer so as not to be in the way when you transfer from the washer to the dryer, he did that and he told us outright this set it as good as ones that cost 3 or 400 more we sell, we're always surprised more people don't buy this set it's the best value in the store. We went cheap because we knew we were not staying and sure enough we moved and the w/d have been in a garage for over 2 years now. But we were really impressed with Lowes. We had looked at HD but less choice and it was very clear they were pushing the high efficiency ones and basically had no interest in selling us anything but HE which we didn't want since we knew it was just a short term thing. We didn't want to buy used and inherit problems so we bought new and cheap, Amana and it was actually very good when we were living there.
For work I much prefer Lowes to HD because it's easier to find stuff, but HD often has things I need that Lowes doesn't.

I also think Lowe's has gone out of its way to be more visually appealing and friendlier to women which is a no brainer considering the viewership of HGTV and social media sites like Pinterest.

 

[BigRedRage]

I typically just invest in Index Funds, but I picked up SPCE (Virgin Galactic) some months ago and it's up 85% now.

And last month I picked up LAZR (Luminar Tech) who is an autonomous vehicle sensor and Lidar technology compnay who designs, builds, and sells longe-range Lidar products for automibiles and I hope will be instrumental in the self-driving car arena. They are up 15% since I bought.

I also bought Smith & Wesson but they are down 7%. I didn't put too much $$ in them though.

I keep looking at SPCE but feel I am way too late and am not super confident in them either way. Branson has always turned me off for whatever reason.

 

[BigRedRage]

I also think Lowe's has gone out of its way to be more visually appealing and friendlier to women which is a no brainer considering the viewership of HGTV and social media sites like Pinterest.

I've always been of the opinion that home depot is to fix your house and lowes is to make it look nice.

 

[puckhead]

Can anyone explain what they think is going on with bitcoin?

 

[dscher]

Can anyone explain what they think is going on with bitcoin?

Blow off top that needs time to consolidate for another move higher. You have lots of levels below for support, so when and where it finds that is anyone's guess at this point imo.

 

[Folster]

Can anyone explain what they think is going on with bitcoin?

Yesterday's drop was due to Janet Yellen's unfavorable comments about Bitcoin. But it's par for the course.

 

[dscher]

Yesterday's drop was due to Janet Yellen's unfavorable comments about Bitcoin. But it's par for the course.

That and a massive parabolic move that was bound to react likes moves like this past week at some point regardless.

 

[Ouchie-Z-Clown]

The lucid car looks pretty cool. I think a lot of it outside of tsla is hopes to find something like it but totally unlikely. I do however think the lucid car looks cooler than most the tesla cars. Can't hurt to dabble a little though.

Really? I think it looks like someone took a Ford Probe and tricked it out for a product spot in Logan’s Run.

 

[BigRedRage]

Really? I think it looks like someone took a Ford Probe and tricked it out for a product spot in Logan’s Run.

I like the model 3 okay but the rear and/bubble design from behind is ugly

 

[Devilmaycare]

Really? I think it looks like someone took a Ford Probe and tricked it out for a product spot in Logan’s Run.

I like the looks of the Lucid Air a lot. It's much better looking than any of the Teslas. I've never liked the looks of them. If the merger with CCIV happens, which it seems like there's a lot of smoke on now, then it'll be interesting to see where the designs go too. Jony Ive is on the CCIV team. We could be seeing his designs come into play in the future.

It could also end up being a sign that that's who Apple ends up partnering with for their car tech. There's been new rumors lately of them partnering with a few different car companies and Lucid was one.