All things STOCKS

#17,453
#17,453
The Mag 7 represent a third of the S&P 500 market cap. But a couple have P/E ratios less than the entire S&P 500.

Sectors:
Real Estate - 35.6x
IT - 33.8x
Health care - 29.1x
Consumer Disc - 25.4x
Financials - 18x
Industrials - 24.2x
Energy - 17.1x
Consumer Staples - 23.2x
Materials - 20.4x
Comm Services - 19.6x
Utilities - 17.7x
 
#17,463
#17,463
Rocket Mortgage (RKT) has come all the way back and more after selling off a couple of days ago after announcing they’ll be buying Mr Cooper.
 
#17,467
#17,467
JFreak said:
Anyone know what happened AH?
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Selling the news (minutes into the announcement). No buyers.

The sell off shouldn’t be long. Markets had already given up 10%. Who’s selling now? Lots of money on the sidelines. A recession might not even happen. If it does, by the time it’s measured markets will already be rising. BUT, the 30x multiple is still out there. Need corporate earnings to be favorable. Interest rates might make the delayed move downward soon. Tax cuts could be made permanent.
 
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#17,469
#17,469
Thunder Good-Oil said:
Selling the news (minutes into the announcement). No buyers.

The sell off shouldn’t be long. Markets had already given up 10%. Who’s selling now? Lots of money on the sidelines. A recession might not even happen. If it does, by the time it’s measured markets will already be rising. BUT, the 30x multiple is still out there. Need corporate earnings to be favorable. Interest rates might make the delayed move downward soon. Tax cuts could be made permanent.
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My intent is for this not to be political. I understand your perspective about tariffs as a tool to be used. Wouldn't a more targeted approach on outright manipulative trade partners (China) be a better economic play than this shotgun approach?

Also, at this point, we are banking on earnings. We need good earnings.
 
#17,470
#17,470
mrorange211 said:
My intent is for this not to be political. I understand your perspective about tariffs as a tool to be used. Wouldn't a more targeted approach on outright manipulative trade partners (China) be a better economic play than this shotgun approach?

Also, at this point, we are banking on earnings. We need good earnings.
Click to expand...

Riping off the bandage. There have been plenty of deals made that over time our partners and allies haven’t met their obligations.

Instead of dragging it out, this is what we have to offer. Deals will be struck quickly. The next step is enforcement, but displaying that we can and will move quickly will discourage the continuous cheating and kicking tge can down the road.

The trade deficit is well over a trillion $$s.

Our “partners” block imports (especially agriculture) with oppressive regulations.

There are very few dealerships in Europe selling US car brands. Asia isn’t buying our rice.

We are dependent on other countries for critical materials and pharmaceuticals & medical supplies. Those things need to be manufactured here.
 
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