{"id":54317,"date":"2021-04-29T09:41:22","date_gmt":"2021-04-29T13:41:22","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=54317"},"modified":"2021-04-29T10:45:06","modified_gmt":"2021-04-29T14:45:06","slug":"reasons-to-be-very-positive-on-the-stock-market-for-the-rest-of-2021-bidens-happy-positive-speech","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=54317","title":{"rendered":"Reasons to be very positive on the stock market for the rest of 2021. Biden&#8217;s happy, positive speech."},"content":{"rendered":"<p style=\"text-align: left;\">I cried. It was joyful to listen to logic and love, not lies and hate.<\/p>\n<p style=\"text-align: left;\">The Economist described it:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">In a speech to mark his first 100 days in office President Joe Biden told a joint session of Congress that \u201cAmerica is on the move again.\u201d The Democrat touted his American Families Plan, a revamp of America\u2019s social safety-net worth $1.8trn. The plan, to be financed with a capital-gains tax increase will include free community college and paid family leave. Mr Biden cast his programme as the argument <strong>against<\/strong> those who would take the Capitol riot \u201cas proof that the sun is setting on American democracy\u201d.<\/p>\n<p style=\"text-align: left;\">Quotes I liked and wrote down:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Doing nothing is not an option.<br \/>\n+ The autocrats (e.g. Xi\u00a0 of China) say it takes too long to get consensus under democracy. They&#8217;re wrong.<br \/>\n+ Healthcare should be a right, not a privilege. (Amen.)<br \/>\n+ Our aim with our military is not to start a conflict, but to prevent one.<br \/>\n+ I have never been more confident of America.<br \/>\n+ One people, one nation, one America.<br \/>\n+ It&#8217;s never been a good bet to bet against America.<\/p>\n<p style=\"text-align: left;\">The Fed is holding rates. The Administration is pumping money into the economy. And corporate earnings are bounding up.<\/p>\n<p style=\"text-align: left;\">What&#8217;s there not to like? Stay invested, as I&#8217;m doing.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Apple does well. Extremely well<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Apple is my biggest position. It isn&#8217;t my biggest percentage gainer. But, I like the stock because it keeps making my life better:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ I can now unlock my iPhone while wearing a mask.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ I can turn off &#8220;auto-correct.&#8221; But I can turn on auto speech recognition and it transcribes what I say flawlessly. (Even with my hideous Australian accent.) Huge time saver.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ The camera on my iPhone 12 Pro Max is better than any Nikon or Canon I&#8217;ve ever owned.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ My iPhone&#8217;s PhotoStream brings me the latest, greatest photos and videos of my grandchildren.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ My Apple Watch lets me answer incoming phone calls &#8212; without searching for my iPhone. I can hang up on spam while I&#8217;m on the tennis court.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ My Apple Watch will find my iPhone and give me info on my heart rate.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Oh yes, Apple last night announced blowout earnings for its latest quarter. Sales were up an amazing 54%. I(Amazing, because they were very big to start with.) It&#8217;s increasing its dividend by 7%.<\/p>\n<p style=\"text-align: left;\">Apple stock was up 4%\u00a0 last night. That will pay for a lifetime of iPhones, iPads, Apple Watches, and maybe a Mac laptop.<\/p>\n<p style=\"text-align: left;\">You can read more on <a href=\"https:\/\/www.cnbc.com\/2021\/04\/28\/apple-aapl-earnings-q2-2021.html\" target=\"_blank\" rel=\"noopener\"><strong>CNBC.com.\u00a0<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Portfolio changes<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Yesterday I sold PINS and ENPH. Both announced good earnings, but not good enough. ENPH had desultory guidance. I&#8217;m eyeing them. I may buy them at a lower price.<\/p>\n<p style=\"text-align: left;\">Facebook, Ford and Comcast earnings are nice. Tonight Amazon will report blowout numbers &#8212; if only based on what I&#8217;ve been buying from them. All stuff I don&#8217;t need. But I do get off on opening the Amazon boxes.<\/p>\n<p style=\"text-align: left;\">It&#8217;s funny about investing. I don&#8217;t get great great growth from my favorite stocks &#8212; like those in FAANGM. (Facebook, Apple, Amazon, Netflix, Google and Microsoft. But I do get steady growth. In contrast my blowout growers &#8212; like PINS and ENPH &#8212; blow up and lose in one day what they&#8217;ve taken eons to achieve.<\/p>\n<p style=\"text-align: left;\">Broad diversification and savvy allocation are keys.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Things I learned about appliances<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Dishwashers and clothes washers don&#8217;t last longer than ten years and should all be replaced then.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ You do not want to repair old appliances or to have them repaired &#8212; even if you could find someone to do the repair.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ My son Michael has researched clothes washers to death: HIs choice <strong>LG.<\/strong> The family loves <strong>Miele<\/strong> dishwashers, though they don&#8217;t last as long as purported and their service is beyond abysmal. Choosing a Miele dishwasher is way beyond difficult. You can buy one for $999 and all the way up to $2,999. Maybe there&#8217;s a difference?<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ You need a 240 volt outlet for your clothes dryer. You also need one for your new EV (electric vehicle) &#8212; including your new Tesla. This is the best outlet. Get 50 AMPs.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-54327\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/04\/Nema-6-50R.jpg\" alt=\"\" width=\"250\" height=\"347\" \/><\/p>\n<p style=\"text-align: left;\">This outlet costs only $10 outlet, click <a href=\"https:\/\/www.amazon.com\/Legrand-Seymour-Straight-Single-Receptacle\/dp\/B000NCWL5M\/ref=asc_df_B000NCWL5M\/?tag=hyprod-20&amp;linkCode=df0&amp;hvadid=198072808542&amp;hvpos=&amp;hvnetw=g&amp;hvrand=3930723350026333798&amp;hvpone=&amp;hvptwo=&amp;hvqmt=&amp;hvdev=c&amp;hvdvcmdl=&amp;hvlocint=&amp;hvlocphy=9004618&amp;hvtargid=pla-353650165172&amp;psc=1\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Good idea to have two of everything in your house: two dishwashers, two clothes washers and two clothes dryers. Less pressure when one breaks.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Home Depot may be the easiest place to buy, install and remove appliances. But not Miele.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>They&#8217;re really good at marketing<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Here are their words:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><em>The liberal Big Tech monopoly tried to shut President Trump down! BUT THEY FAILED.<\/em><\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><em>Trump is coming back with his own social media platform and there\u2019s nothing Big Tech can do to stop him!<\/em><\/p>\n<p style=\"padding-left: 30px; text-align: left;\"><em>Pledge to join Trump\u2019s social media platform, donate $45 and we will activate your official Trump Defender Membership!<\/em><\/p>\n<p style=\"text-align: left;\">Here&#8217;s what you get for $45, with your name on it, too:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-54320\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/04\/TrumpDefenderCard.jpg\" alt=\"\" width=\"500\" height=\"192\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Tips<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Thirteen years ago when we built this house, we loaded it with Whirlpool washer and dryers. They worked for a while. No more.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ The appliance repair business is a scam. That&#8217;s a good working assumption. High-end makers, like Miele and Sub-Zero, have miserable support phone hours &#8212; like not on weekends and nights when you need them. It&#8217;s impossible to find model or serial numbers on any of them. So, no replacement parts.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Latest Harry Newton assumption: After ten years, they will <strong>all<\/strong> fail. Rebooting may work &#8212; temporarily. Plan on replacing them all &#8212; whether they&#8217;re still working or not.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Laundries should be large rooms with plenty of space &#8212; much height and oodles of depth for washers and driers. Keep detailed documentation on everything you buy. You&#8217;ll need sizing to buy new stuff, which seems to be getting larger &#8212; not in width, but in height and depth. Go figure.<\/p>\n<p style=\"text-align: left;\">Messing around with idiotic, poorly designed household appliances is not my idea of fun.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>The world turns<\/strong><\/span><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-54335\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/04\/Adapters..jpg\" alt=\"\" width=\"400\" height=\"505\" \/><br \/>\nPlease drink lots of water. We&#8217;re in Cramp Season, which is boring and painful.<\/p>\n<p style=\"text-align: left;\">See you soon &#8212; <em>Harry Newton<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I cried. It was joyful to listen to logic and love, not lies and hate. The Economist described it: In a speech to mark his first 100 days in office President Joe Biden told a joint session of Congress that \u201cAmerica is on the move again.\u201d The Democrat touted his American Families Plan, a revamp [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-54317","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=54317"}],"version-history":[{"count":20,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54317\/revisions"}],"predecessor-version":[{"id":54343,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54317\/revisions\/54343"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}