J Baldin

I comment on tech and finance.

[Charlie Bilello @charliebilello]

US New Home Sales hit a 26-month low in June, down 43% from their 2020 high. Tends to be a leading indicator for the economy, recession odds continue to rise.

Charting via @ycharts

[J Baldin @MerryJBald]

@TickerSymbolYOU 1954 looking pretty sexy

[Charlie Bilello @charliebilello]

Nasdaq 100 Total Returns
2000: -37%
2001: -33%
2002: -38%
2003: +50%
2004: +11%
2005: +2%
2006: +7%
2007: +19%
2008: -42%
2009: +55%
2010: +20%
2011: +4%
2012: +18%
2013: +37%
2014: +19%
2015: +10%
2016: +7%
2017: +33%
2018: +.04%
2019: +39%
2020: +49%
2021: +27%
2022 YTD: -31%

[J Baldin @MerryJBald]

@BestofUs2022 @TickerSymbolYOU I think this is short sighted. You say in your video that you sold bc you don’t think they will survive our AI-driven future. Tell me, beyond GOOG, APPL, and maybe TSLA, who has access to more data to make AI than FB?

[J Baldin @MerryJBald]

@charliebilello This one has the potential of being quite nasty.

[J Baldin @MerryJBald]

@charliebilello This is definitely the wrong way to 69

[J Baldin @MerryJBald]

@charliebilello My portfolio be like

[Charlie Bilello @charliebilello]

The Fed's immediate response to the last 8 bear markets was easy money (rate cuts, QE).

This time they are tightening, expected to continue hiking rates to >3% & reduce the size of their balance sheet.

I discuss this big shift here on the week in charts: https://t.co/BZHf2w4UVp

[J Baldin @MerryJBald]

@charliebilello There goes our Netflix and chill money.

[J Baldin @MerryJBald]

@charliebilello I’m beyond excited to see $6/gallon gas!

[Charlie Bilello @charliebilello]

Global Central Bank Update:
-India hikes rates for the 2nd time, 50 bps increase to 4.90%.
-Poland hikes rates for the 9th time, 75 bps increase to 6.00%.

[J Baldin @MerryJBald]

Thoughts on #WWDC22 ? IMO, good updates for the @apple ecosystem. I was hoping to see some RealityOS info today tho.

[J Baldin @MerryJBald]

@unusual_whales The @Apple car is on its way!

[J Baldin @MerryJBald]

#WWDC22

[J Baldin @MerryJBald]

This next gen of @Apple #carplay is looking like a great OS for a future Apple Car. Make it happen, @Apple 🍏 🚗

[J Baldin @MerryJBald]

I have a feeling that @Apple ‘s new Photo Sharing feature will lead to some awkward moments. There should be a sexy time filter feature. #WWDC22

[J Baldin @MerryJBald]

Gas prices so high that @Apple created Apple Pay Later. #WWDC22

[J Baldin @MerryJBald]

@Apple What does everyone think, will we see more RealityOS stuff today?

[J Baldin @MerryJBald]

Let the investing week begin!

[Charlie Bilello @charliebilello]

This is the 4th worst start to a year in history for the S&P 500, down 17.3% in the first 99 trading days.

The only years with a worse start...
1932 (Great Depression)
1940 (World War II)
1970 (Vietnam War, US Recession)