This is an evening post
I am writing this in the evening which is different than usual. I usually write in the morning before the market opens. Now I am writing at night well after the market has closed. It’s just a little different. I was pretty much correct about times being bad in the market. It’s kind of weird though because AMD has gone up a lot, both yesterday and today. So it’s up over 540 per share. Intel is up a lesser amount but still a pretty big change over the last couple of days. Palantir and Nvidia are both down for both days.
UPS is way down under 100 and so is Kimberly-Clark. I might want to get more KMB since I don’t have much of them, but I want them. I have a few more of UPS and I am ok with what I have for the time being. Realty Inc is down a lot, but OHI is higher. Go figure.
The oil price is over 100 and CVX and XOM were both up. The news says the US attacked 5 Iranian tankers in the area of Kargh Island which is where they have their biggest oil port and refineries. I guess that’s why oil went up so much. The gasoline average price went up to 4.40 but I haven’t looked around here.
I’m guessing that the reason the rest all went down is because of instability in that area. It’s also September and as well a a short time to the Midterm Elections. There is a big GOP rally today and tomorrow and the president is going to speak both nights. He really loves the attention. I think they are asking 25000 per ticket and they expect 20,000 people. Of course, the president usually exaggerates his numbers when he wants to be impressive.
I imagine he will talk about how the 2020 election was rigged and how they will all have to cheat big time, even more than they already have. That’s kind of his usual message. Anyway, this will make the stocks do strange things as well, so tomorrow will be interesting. I am still waiting before making any moves.
I am considering getting a JEPI or JEPQ ETF and see what happens. I think they both have a pretty good yield and they pay monthly. October is a big month for several of my quarterly payment stocks and ETFs. I hope things work out well there.
Hold on tight. I think September is going to be a crazy time. Stay calm. Making sudden moves can get you into trouble.
