How's yer Stock portfolio doing Prowler?

[The Prowler]

The price of US oil fell more than 3%, sinking below $60 a barrel for the first time since April 2021. Oil prices have been in a freefall as investors fear tariffs could plunge the global economy into a recession that would sap demand for flights, shipments, transportation and travel — all activities that require fuel.

Like I said somewhere on this board....recessions are good for the environment.

Look on the bright side, people.

 

[The Prowler]

This is where examining a company's underlying fundamentals is key. Rather than looking just at a business' stock performance, check for things like a strong competitive advantage in its industry and a competent leadership team with a history of guiding the company through tough times.

Obviously.

 

[Joe]

Like I said somewhere on this board....recessions are good for the environment.

 

[Joe]

Look on the bright side, people.

 

[The Prowler]

You should all be selling any equities you are holding.

Sell Sell Sell!!!!!

 

[Joe]

You should all be selling any equities you are holding.

Sell Sell Sell!!!!!

....too late for that if you held them too long Lex @The Prowler

I wonder why someone experienced like yourself couldn't heed the warning signs Prowler.

One of them being how corporations & their CEOs were all selling their company stock prior to this current downturn back in 2024.

Another was how Warren Buffet, perhaps the World's most successful investor, sold most of Berkshire Hathaway's holdings in large cap companies like Apple so that he built a $315 billion cash pile in 2024 as well.



Those were clear signs that the retail Investors should have been moving defensively away from stocks & into cash or gold.

 

[Joe]

Here's something you could learn from Lex @The Prowler



Warren Buffet appears to go against the grain & advise buying & holding forever, Lex.

And look how successful he is relative to you Lex.

If yer down 25-35% in this current market rout you oughta ask yerself why Lex.

You might also follow Warren Buffett and perhaps copy his moves as well Prowler. That's what I intend to do.

 

[The Prowler]

Time to sell!!

Sell!!!!

Now!!!!!