Warren Buffett on the market today: 'It's tough to find values when everybody is preferring gambling'

Image
Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term. "It's tough to find values when everybody is preferring gambling," Buffett told CNBC's Becky Quick . The chairman of Berkshire Hathaway had sharp words on the stock market earlier this year. In May, he likened it to "a church with a casino attached," specifically calling out the surge in one-day options trading as "gambling." The stock market has rallied to all-time highs this year, climbing a wall of worry that included an energy shock from an ongoing war with Iran. Skeptics have said there's too much speculation in stocks tied to the artificial intelligence build-out, with vehicles such as options and leveraged exchange-traded funds adding fuel to the fire. Equities have increasingly attracted retail traders en masse, who are buying shares of memory chipmaker Micron and recent initial public off...

SpaceX stock drops. Here's what to do next.

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . SpaceX stock drops. Here's what to do next. Hal Bundrick, CFP Senior Writer Updated Mon, July 13, 2026 at 10:13 AM PDT 4 min read For SpaceX IPO investors, the thrill ride has been IMAX-worthy. On IPO day, SpaceX stock ( SPCX ) opened at $150 and climbed past $160. Another near-20% gain the following Monday saw Elon Musk's spaceflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, SpaceX surpassed Amazon to become the fifth-largest publicly traded company by market value. To the moon, right? Yet, as any savvy investor knows, things can get ugly fast: The stock quickly returned to Earth and has bounced below its market debut price more than once. SpaceX stock dropped another 4% on Monday, with a low under $140. Read more: Create a stock investing strategy in 3 steps This is what IPOs do Wealth advisory Alliance Bernstein has tracked the performance of IPOs that raised $50 million or more over the past 10 years. Six months following the lockup, the median return was a 10% decline. "While most stocks began to recover, they typically failed to revisit their initial IPO heights," the Bernstein analysis reported. While investors are often urged to remain calm and hang on, "in the six months following traditional lock-up expirations, one in 10 IPO stocks dropped by at least 62%." That's where having a plan comes in. Plan for three possible stock scenarios Whether SpaceX's trajectory is high, low, or just bouncing on and off the atmosphere, investors will want a strategy in place. If SpaceX stock soars Every investor's dream: The stock soars while they're along for the ride. Still, there are strategies to consider: Have a plan to take some profits along the way in a tax-efficient manner. Ensure your SPCX doesn't overwhelm your overall investment portfolio . Consider rebalancing holdings regularly to maintain a comfortable SpaceX exposure. If SpaceX stock stalls If SpaceX stock hits a price ceiling and stays there, what should the reaction be? Ask investors who bought Tesla after its run-up to a trillion-dollar market valuation in 2021, following a massive order of Model 3 sedans from Hertz. The stock topped $407 a share. Now, four-and-a-half years later after a lot of chart action along the way it's still there. If you believe in space as the "final frontier," stick with it. If SpaceX stock crashes This is the real test. If SPCX takes a dive, how does one prepare? The key is to avoid panic selling and have a strategy in place. The choices include: Use stop-loss or trailing stop orders to maintain a profit. Most investors can't monitor the market constantly, so having a stop-loss or trailing stop order at a predetermined target price will help protect the profits of at least a portion of...

🔥 EXCLUSIVE PARTNER OFFER
COOSPO HW9 Armband Heart Rate Monitor with HR Zones/Calories HRM Sensor for Fitness Cycling BLE5.0 ANT+ for Peloton,Zwift,Wahoo

COOSPO HW9 Armband Heart Rate Monitor with HR Zones/Calories HRM Sensor for Fitness Cycling BLE5.0 ANT+ for Peloton,Zwift,Wahoo

Special Price

🎁 Special promotion! Perfect gift idea at an unbeatable price. Shop now!

Affiliate link — Commission earned at no extra cost to you

© EcoNews DZ — Global Economic & Financial News

Comments

Popular posts from this blog

Writing a Thesis or Paper with AI Tools

Xi wants China to boost demand. Why isn’t it working?

Why sinodollars outweigh the petroyuan