The stock market

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[URL unfurl="true"]https://finance.yahoo.com/news/visa-quarterly-profit-jumps-20-201131992.html[/URL]

It has had a good run.

Rival credit card giant American Express ([AXP]('https://finance.yahoo.com/quote/AXP')) also missed expectations for second-quarter revenue last week.

**[SIZE=4]"Visa was priced for perfection back in March but has eased since then as unemployment, payment and loan delinquencies, and continued consumer disposable income concerns tick higher," said Michael Ashley Schulman, chief investment officer at Running Point Capital Advisors.
But - [/SIZE]**

Visa earned $2.42 per share on an adjusted basis for the third quarter, in line with expectations.

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December would be better for a cut. Here comes the interference.

[URL unfurl="true"]https://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-july-2024[/URL]

As they should.

[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-sp-500-nasdaq-futures-climb-as-fed-delivers-and-meta-jumps-103710563.html[/URL]

Be careful fed. No interference!

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[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-us-futures-tumble-across-the-board-as-growth-fears-big-tech-earnings-spook-market-105302562.html[/URL]

[URL unfurl="true"]https://finance.yahoo.com/news/condom-maker-church-dwight-sees-120449594.html[/URL]

Bloody out there!

Don't look and ruin the weekend. Also, don't spend.

[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-nasdaq-falls-10-from-record-high-after-disappointing-jobs-report-133048027.html[/URL]

[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-us-futures-tumble-across-the-board-as-growth-fears-big-tech-earnings-spook-market-105302562.html[/URL]

The plug on unlimited money (the money stolen from you and given to others) is drying up.

145 years and finally waking up and leaving CA. Amazing amount of jobs lost for CA. Absolute dumpster fire!

[URL unfurl="true"]https://www.texastribune.org/2024/08/02/chevron-houston-texas-california/[/URL]

Bloody out there!

Don't look and ruin the weekend. Also, don't spend.

[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-nasdaq-falls-10-from-record-high-after-disappointing-jobs-report-133048027.html[/URL]

Too late, I looked earlier😭

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Not for the faint at heart.

[URL unfurl="true"]https://www.foxbusiness.com/markets/us-stocks-august-5-2024[/URL]

Hopefully more of a correction, and not a recession on the horizon. Although one indicator popped a bit.

[URL unfurl="true"]https://fred.stlouisfed.org/series/SAHMREALTIME[/URL]

On the brighter side, an incumbent loses 87% of the time with poor economic outlook and the stock market retreats.

And, might be able to find some stocks that the price is more inline with their underlying value.

Good luck!

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UGH. Of all days for a trading platform to go down! I have been trying to get in to Schwab for a couple hours.

All the "buys" I had lined up (no panic selling), I look now and most of them have now stabilized and come up a bit and above the lows I would have wanted to own them.

Not happy at all!

And especially on a decent weather Monday.