Economy stonks only go up v6.1

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kahiljabroni said:
I'm not afraid of the virus so much but are these prices really that great when so many stocks are still up 40-50% in the last year despite this week and p/es are crazy high and we might elect a socialist in few months?
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basically, yes (it would be a case by case basis, obviously). the market crashed in dec 2018, re: fed interest rate hike. so 2019 started at a low.

november's more than "few months" away, and bernie doesn't even have the nomination yet. plus, he already had a heart attack and was just praising castro. there's time for him to torpedo his own campaign.

besides, there's nothing else. and interest rates are getting cut, so bonds/banks are going to pay even less.
 
Stoic1 said:
Because I literally have $150k sitting in a money market doing nothing. I wasn't going to buy into a bubble. I buy at the bottom. 2008 was a goldmine for me.

edit: Oh, you mean "artificially"

That is a pretty broad topic that could start with cheap FED money and go all over the place into speculative cost completely disconnected from things like P/E or market share.
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No I mean where do you see the opportunity here
 
rob mafia said:
...seriously?
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Yup. I just started paying attention to stocks recently.

Outside of money markets, my retirement, etc I'm a full on noob.

Be gentle, I'll take the cliff notes.
 
rob mafia said:
basically, yes (it would be a case by case basis, obviously). the market crashed in dec 2018, re: fed interest rate hike. so 2019 started at a low.

november's more than "few months" away, and bernie doesn't even have the nomination yet. plus, he already had a heart attack and was just praising castro. there's time for him to torpedo his own campaign.

besides, there's nothing else. and interest rates are getting cut, so bonds/banks are going to pay even less.
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The crash was in December and it had recovered by February so im not calculating from the trough. For instance Microsoft was down like 12% for the werk yet still up a couple points from 3 months ago and up 40 something % for the year.

The actual election is in November but SC votes tomorrow and Tuesday is super Tuesday. By next week Bernie could be running away with the nomination or at least extremely likely to win.

Election season is now...in a few months it will dominate the news day and night and trump will likely trail in the polls. All of those things equal uncertainty and just because there's no other good investment options doesn't mean you should piss money away.
 
brackis1 said:
As I've slammed on the table repeatedly while being called a loon: we are in an era of herd runs on stocks and many led by complete charlatans.

The financial crisis of 2008 was the last time the USA convicted this many ponzi schemes per year
https://www.cnbc.com/2020/02/11/ponzi-schemes-hit-the-highest-level-in-10-years.html
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No doubt the market has been inflated. The question now becomes how low does the bottom go?

And in the meantime, can another rate slash by the fed buy some time to make a couple of quick easy bucks before the turmoil of the election makes it look like a heartbeat?

Or are we just starting the beginning of a recession right now?
 
i just took profits a week ago or so. lol, will be time to buy back in soon
 
kahiljabroni said:
The crash was in December and it had recovered by February so im not calculating from the trough. For instance Microsoft was down like 12% for the werk yet still up a couple points from 3 months ago and up 40 something % for the year.

The actual election is in November but SC votes tomorrow and Tuesday is super Tuesday. By next week Bernie could be running away with the nomination or at least extremely likely to win.

Election season is now...in a few months it will dominate the news day and night and trump will likely trail in the polls. All of those things equal uncertainty and just because there's no other good investment options doesn't mean you should piss money away.
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if you're this scared of the market just stay out of it.

do you know how many contracts i can close/day trades i can make in 6 months?
 
StantsA said:
Monetary policy isn’t going to fix this. We need less bad news or an absence from it or else people will just keep renewing their selling.
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there's nothing to fix.

it's just fearmongering. and people can keep selling, yes. not sure what your point is. you know the market can move in 2 directions or be flat, right?
 
rob mafia said:
there's nothing to fix.

it's just fearmongering. and people can keep selling, yes. not sure what your point is. you know the market can move in 2 directions or be flat, right?
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I never said that there was anything to fix.

I know how the market works quite well. Powell signalling a rate cut should have no impact on the market whatsoever as the reason for this sell off is as you put it, fear mongering.

Fundamentals are fine.
 
It appears the markets are rising after hours.

Lol while they’re closed. Go figure
 
kahiljabroni said:
I refuted what you said and u bailed.
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WAT

you didn't refute anything. if 6 (or as you said, "few") months is too short a timeframe for you, that's fine - don't enter the market.

if this is too 'uncertain' for you - don't enter the market. (as if the market's ever certain, anyway)

you act like i'm trying to persuade you to invest/trade. i really don't give a shit if your hands are diamond or glass. if you're a bull, bear, theta, or retard. your money is yours, why do you think i care what you do with it?
 
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