On the boob tube pundits will tell you a reason why stocks go up or down.
I'm going to state that there will be selling soon. This is hurricane season, insurance companies will need cash. The stock markets are at all time high. They will sell stock.
Showing posts with label stocks. Show all posts
Showing posts with label stocks. Show all posts
Thursday, September 7, 2017
Sunday, June 5, 2016
Steve's barking; No businesses do not go in a straight line
I must have too much time on my hand, I've been watching too much business news tv.
It seems that every time a stock goes down it do to the fact that the company didn't make as much money as should be expected if the company revenue and profits went in a straight line upward.
Now I know of no business course that teaches a profit goes up in a straight line.
The only reason any stock broker would sell a stock that didn't go up in a straight line is he wanted to make money and selling that stock that the company didn't go up in a straight line is a great excuse.
It seems that every time a stock goes down it do to the fact that the company didn't make as much money as should be expected if the company revenue and profits went in a straight line upward.
Now I know of no business course that teaches a profit goes up in a straight line.
The only reason any stock broker would sell a stock that didn't go up in a straight line is he wanted to make money and selling that stock that the company didn't go up in a straight line is a great excuse.
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