12-16-2021, 04:54 PM
(12-16-2021, 03:59 PM)fenders53 Wrote:(12-16-2021, 01:53 PM)ken-do-nim Wrote:I'm not predicting a crash, but retail is probably out of gas until inflation takes a breather. We can all waste a couple hundred extra on holiday gifts because it comes once a year, But I'm not paying an extra 15% to upgrade appliances unless it's broken, or build a garden shed that can wait when building materials are spiking again.(12-16-2021, 01:05 PM)fenders53 Wrote:(12-16-2021, 11:43 AM)ken-do-nim Wrote: Tacos!!!!I think that one may go sideways to slightly down into end of year. I suspect Christmas sales are fine, but the market looks ahead. I need to scroll back and see what Kblake picked. I suspect Chad has AAPL and maybe some oil IIRC?
I do have a lot of money tied up in RETL. So ... go retail! Get out there everyone and buy stuff!!!
I do suspect you are right on that. I'm not really expecting RETL to catch fire again until there's an announcement that the supply chain crisis is nearing an end.
At any rate, I will make sure my 2022 competition picks bear a much stronger resemblance to my actual portfolio.
Next year I vote we start the contest DEC 1st. May not happen this year for the first time, but normally the Santa Claus rally is making us buy high. We can make it a Thanksgiving event while people have a few days off.
Retail will come back. This is temporary and if there's one thing I know. Women will always buy crap no matter how bad it gets
My wife gets like 10-12 packages a week from Old Navy, Amazon, Target and Macy's. So I don't see people that are going to stop spending at all. Once a year??? Not in my house. It's Christmas every day 
Home repairs will slow down. I have home repairs to do but refuse to buy wood, paint, doors and things like that until prices come down. Ridiculous what they are charging there days. But during inflation homes do well.
I actually added some TGT today. I add on big dips.
MDLZ and HRL have done well this month. Great inflations stocks