Speaking of that tournament, it’s worth remembering that even Finland’s Team Europe had a fair amount of NHL experience. If NHL players had been allowed to participate in the tournament, Finland would have had its best team ever on paper. And on the other hand, for example, the USA surprisingly performs poorly in any competition even with their best guys on the ice.
And it’s a shame that the best players are only seen in the World Cup, but even that tournament doesn’t excite me much. Somehow its atmosphere and traditions are too bland. Perhaps competing for the World Championship title less often would be smarter, and at a time when the NHL is on hiatus.
Everyone’s lines are tight because their own catch wasn’t revealed (yet!) to be a magnificent salmon catch. Realities have returned to the market and that’s a good thing. @Tiskari is absolutely right, in my opinion.
Mikael’s and Sauli’s recording about the bulls is pure gold
Have a nice start to the week and a relaxing holiday for those who have one now!
A year ago, SP500 earnings for 2021 were expected to be around $170. The actual result will be around $208.
Similarly, for 2022, slightly less than $200 was expected. Now, the forecast is around $225.
So, for the current year, earnings are expected to be over 30% better than a year ago.
There is no similar figure for Helsinki, but I believe that here too, earnings expectations for '22 are much better than for '21 a year ago.
The situations may not be comparable. However, it clearly shows how much more negative the stock market sentiment is than a year ago.
Interesting times.
edit. I’ll add - SP500 is up +12% Y/Y. Since I was so brazenly mixing apples and pears.
The OST (share savings account) must be completely closed to qualify for tax deductions. In that situation, the total balance of the OST must also be at a loss.
Does anyone use Inderes’ analyses via Nordnet (private banking)? Following the instructions only leads to the Inderes front page via Nordnet, which prompts me to log in. Can some clever forum user help?
Over the weekend, I watched “Becoming Warren Buffett” and “Icahn: The Restless Billionaire” on HBO. They also seemed to be available on YouTube. I found them to be a good alternative to channel surfing when I had 3 extra hours.
These were interesting stories and snapshots of stock market history spanning decades. What particularly stuck with me about Buffett was his enormous capacity for acquiring, remembering, and processing information, and about Icahn, the era of corporate takeovers.
I had to check how the recommendation list I compiled in September is doing. The list was put together from Inderes’s risk level 1 & 2 stocks, which had a buy recommendation on September 29, 2021. Well, the ride has mostly been cold, as the pigs (investors) warned already in the fall. This batch seemed to go heavily into value stocks.
Just to entertain myself, I made a similar list with today’s Inderes recommendations. This time I included every risk recommendation and, as a bonus, calculated the “return potential” including dividends.
I don’t own a single one of the companies above directly, and I made the list purely for fun. It’ll be nice to see where things stand in six months again. This is not a recommendation for anything. And you shouldn’t press the buy button by just staring at the target price anyway; you should read the analyses.
OmxHki has indeed already fallen -15% from its peak, and First North Finland is down -26%. There’s certainly been a lot of air blown out of this one. (Nasdaq -16% and S&P -11%).
Once again, I’ve loaded my portfolio too early. We might see a final flush if the RU-Ukr situation escalates, but my portfolio is now full of such cheap stocks that I guess there’s nothing to do but sit through this turbulence. The sentiment has become extremely bearish, even here on the forum .
I personally believe that even in the short term, we will be significantly higher than current levels, and therefore I’m not too worried about the current situation.