My market analysis on 6/6/2026


Crepitus took the word of Jim Paulsen in his Yahoo article.

In that article and I quote, "The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech."

I took his word that he was in poor condition, and he got very pissed off. He is of course part of the economy he said was terrible.
 
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wal street does not equal main street. Most of the economy is already in recession and those jobs reports are far from "record breaking".
I hear that silly incorrect leftwing talking point all the time. But the fact is, in the long term, Wall Street and Main Street are inseparable.
 
Here is an earlier Lucky prediction: Trump Recession?

Roaring stock market, record jobs, falling gas prices, yet you knew this hack's 'analysis' would predict gloom.
When is the last time a leftwinger was right?
He pulled the stunt back in 2016 according to his own words. He was telling people in 2016 don’t invest when Trump is president… well Trump‘s stock market has outperformed Obama, Ronald Reagan and Joe Biden.

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I would stay far far away from lucky ones advice. He’s the kind of guy who waits dozens of times perhaps to finally “be right” and say look I’m right. I’m only saying this because in the face of him being wrong on Trump’s first term and so far his second term he’s quadrupling down etc.

It’s politics over data for luckyone. I don’t like Joe Biden politically but his stock market was also a positive one over four years. If I was like lucky one I would say that it’s bad to invest during Biden‘s market, but I’m not gonna do that.
 
wal street does not equal main street. Most of the economy is already in recession and those jobs reports are far from "record breaking".
Certainly, the middle class had it best in the middle of the 20th century in the USA.
 
I bought Micron at $20 a share about 8 or 10 years ago.

In the last year, it went from $52 to over $1,000 this past week.

On Wednesday, it was close to $1,020.

It went down to the $900s on Thursday.

I cashed out on Friday while it was still in the $900s.

It's currently in the $800s and continuing to decline.
 
I bought Micron at $20 a share about 8 or 10 years ago.

In the last year, it went from $52 to over $1,000 this past week.

On Wednesday, it was close to $1,020.

It went down to the $900s on Thursday.

I cashed out on Friday while it was still in the $900s.

It's currently in the $800s and continuing to decline.
That’s a tremendous long-term hold there. Well done. It must’ve been tempting for you to cash out when micron was at 100, or 200 or 500 a share.

I was happy to buy into AMD for around 150 and cashed out at 495. But that’s nothing like the run that Micron or Sandisk corporation has been on. Sandisk is sitting at around a $230 billion market cap. So there’s potentially significant more growth there.

But micron and AMD are around $1 trillion in market cap at this point. There’s growth potential but the idea of a 10 X or 20 X doesn’t seem logical.

Anyways, tomorrow is going to be a big day. I do believe that these chip companies have the potential to pump 5 to 10% or even higher tommorw. But that could be a short-term thing. There’s a lot of risks ahead this summer including the Fed potentially raising rates or the Iran war getting hotter.
 
He pulled the stunt back in 2016 according to his own words. He was telling people in 2016 don’t invest when Trump is president… well Trump‘s stock market has outperformed Obama, Ronald Reagan and Joe Biden.

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I would stay far far away from lucky ones advice. He’s the kind of guy who waits dozens of times perhaps to finally “be right” and say look I’m right. I’m only saying this because in the face of him being wrong on Trump’s first term and so far his second term he’s quadrupling down etc.

It’s politics over data for luckyone. I don’t like Joe Biden politically but his stock market was also a positive one over four years. If I was like lucky one I would say that it’s bad to invest during Biden‘s market, but I’m not gonna do that.
The reality is that “Trump’s” market has not outperformed, it has been AI market that has outperformed. There have been more industries and stocks going down in price than up. The health industry for example.

Companies like Amazon, Apple, NVDA, Google,etc., have soared in price but health companies are on multi-year lows
 
The reality is that “Trump’s” market has not outperformed, it has been AI market that has outperformed. There have been more industries and stocks going down in price than up. The health industry for example.

Companies like Amazon, Apple, NVDA, Google,etc., have soared in price but health companies are on multi-year lows
I have more money in my IRA portfolio now, even after Friday’s drop, than I did a year ago at this time - and that is AFTER my withdrawals from the IRA.

My most recent purchases, from about two months ago, are still up around 12% - 13% after yesterday’s drop.

I’m figuring if I’m still this much ahead compared to last year, once the Iran war is over, I’ll be even HIGHER.
 
I have more money in my IRA portfolio now, even after Friday’s drop, than I did a year ago at this time - and that is AFTER my withdrawals from the IRA.

My most recent purchases, from about two months ago, are still up around 12% - 13% after yesterday’s drop.

I’m figuring if I’m still this much ahead compared to last year, once the Iran war is over, I’ll be even HIGHER.
Understand one thing, this market has been all about the AI industry and the Iran war has nothing to do with that industry

America’s stock market is surging, but it’s still all about AI

As companies race to dominate in AI, Wall Street expects the enormous buildout of data centers to continue in order to power the technology. That’s sparking fierce rallies in companies other than just Big Tech: Some of the hottest stocks this year have been the memory chip makers and data storage companies poised to benefit from the AI infrastructure buildout.

This is what you now need to consider:

Is the AI Rally Overstretched, or Just Taking a Breather?

The narrative around artificial intelligence has dominated market discourse for the past 18 months, driving unprecedented gains in a select group of tech giants. However, a growing chorus of strategists and investors are questioning the sustainability of this rally, with concerns over stretched valuations reaching a "mini panic moment" as 2026 unfolds. The market is grappling with a tug-of-war between the undeniable transformative potential of AI and the fear that current prices have baked in too much future success.


As such, your investment outlook right now has nothing to do with Trump or the Iran war. You need to worry if the AI Industry has now reached a top or not. For example, NVDA (#1 stock in the AI industry) has increased in value 1800% (from $14.55 to $271.14 over the last 40 months. It has now reached the maximum price that analysts had said it would at $270, meaning it is unlikely to go higher, and likely to correct right now. This means the stock market is likely to go down with it.

I would not be putting my faith in Trump. I would be praying to this:

 
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Crepitus took the word of Jim Paulsen in his Yahoo article.

In that article and I quote, "The US economy has proven more resilient than many feared, but one Wall Street veteran says that a recession is only being held back by tech."

I took his word that he was in poor condition, and he got very pissed off. He is of course part of the economy he said was terrible.
YOu are a lying sack of dog shit.
 
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