{"id":54380,"date":"2021-05-04T11:24:19","date_gmt":"2021-05-04T15:24:19","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=54380"},"modified":"2021-05-04T18:07:54","modified_gmt":"2021-05-04T22:07:54","slug":"todays-crash-is-a-buying-opportunity","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=54380","title":{"rendered":"Today’s crash is a buying opportunity"},"content":{"rendered":"

Yesterday Dow rose\u00a0 more than 200 points (0.7%), while Nasdaq fell 67.6 points (O.48%). This was profoundly depressing because I own many Nasdaq stocks.<\/p>\n

Today the Dow is falling 350 points (0.54%), while the Nasdaq is falling 360 points (2%). This is profoundly depressing, again.<\/p>\n

You can revel in today’s misery. You can play tennis. (I’ve done that already.) …<\/p>\n

Or you can eye the economy: It’s doing super well. People are flush with cash. They’re trying to spend it on cars, houses, appliances, plane trips — anything they can get their hands on. Which is not easy, given the shortages of everything from semi-conductors to houses, to airline seats, to lumber, to drywall.<\/p>\n

Every manufacturer and their uncle is working to ramp up production, overcome the bottlenecks and make pots of money for their shareholders.<\/p>\n

Hence this week’s share price decline is blessing in disguise.<\/p>\n

It’s says, in clear terms, “BUY. BUY. BUY.” My “logic” says buy non-tech stocks that will benefit from the economy’s boom:<\/p>\n

AAPL\u00a0 Apple
\nAMZN\u00a0 Amazon
\nCLF\u00a0 Cleveland Cliffs
\nCOST\u00a0 Costco
\nF\u00a0 Ford
\nGE\u00a0 General Electric
\nGNRC\u00a0 Generac
\nHD\u00a0 Home Depot
\nJETS\u00a0 \u00a0ETF for airlines
\nLOW\u00a0 Lowes
\nLUV\u00a0 Southwest Airlines
\nMGA\u00a0 Magna International
\nMA\u00a0 MasterCard
\nMO\u00a0 Altria (for the high yield)
\nNKE\u00a0 Nike
\nPYPL\u00a0 PayPal
\nUNP\u00a0 Union Pacific
\nV\u00a0 Visa
\nWMT\u00a0 Walmart
\nWY\u00a0 Weyerhaeuser
\nX\u00a0 United States Steel<\/p>\n

How to solve the extended warranty phone call<\/strong><\/span><\/p>\n

From reader, Jeff,<\/p>\n

+ \u201cI am so glad you called. Our mechanic said our engine is about to seize. How quickly can you get me signed up?”<\/p>\n

Our latest buy from Tractor Supply<\/strong><\/span><\/p>\n

I assembled it and took Rosie for a spin.<\/p>\n

\"\"<\/p>\n

Our “mega-buys” at Tractor Supply must be working. Here’s the last year.<\/p>\n

\"\"<\/p>\n

The Tractor Supply “story” is perfect for today:<\/p>\n

Tractor Supply Company is an American retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, livestock, equine and pet care.-<\/p>\n

Sounds like I need to buy more TSCO shares.<\/p>\n

Useful reading<\/strong><\/span><\/p>\n

+ Europe is back in recession. It’s not just the virus.\u00a0 Too much unemployment. Too little stimulus. Too little\u00a0 Click here.<\/strong><\/span><\/a><\/p>\n

Profoundly disappointing<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Comments on life<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Synergy in tenanting<\/strong><\/span><\/p>\n

\"\"<\/p>\n

I love this cover<\/strong><\/span><\/p>\n

\"\"<\/p>\n

Call for help<\/strong><\/span><\/p>\n

Does anyone know a good Miele dishwasher appliance dealer?<\/p>\n

We’re getting two LG clothes washers from Home Depot. Delivery tomorrow. Cross your fingers.<\/p>\n

Grandchildren in Oregon, with new dog (size not clear)<\/strong><\/span><\/p>\n

\"\"<\/p>\n

It’s Spring in Oregon. Here’s Eleanor doing a flower angel.<\/p>\n

\nhttps:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/05\/Eleanor-in-Flowers.mp4<\/a><\/video><\/div>\n

See you tomorrow, which is Cinco de Mayo. — Harry Newton<\/em><\/p>\n

 <\/p>\n

—<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday Dow rose\u00a0 more than 200 points (0.7%), while Nasdaq fell 67.6 points (O.48%). This was profoundly depressing because I own many Nasdaq stocks. Today the Dow is falling 350 points (0.54%), while the Nasdaq is falling 360 points (2%). This is profoundly depressing, again. You can revel in today’s misery. You can play tennis. […]<\/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-54380","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54380","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=54380"}],"version-history":[{"count":17,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54380\/revisions"}],"predecessor-version":[{"id":54407,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/54380\/revisions\/54407"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=54380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=54380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=54380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}