Dow touched a new record high today on jobs reports.
Just sayin'.
Dow touched a new record high today on jobs reports.
Just sayin'.
Maserati wrote:
agip, what fraction of those returns, if any, is due to dividends?
I don't know
Nice to see new all time highs
you guys see emerging markets skyrocketing? 16% in two months.
encouraging. I hear hedge funds got caught short on EM
sorry bro wrote:
I've never before heard the phrase "fundamental structural factors in our society" before maserati used it here. So, it's hard to understand how you & "Que?" think it is parroted industry-speak.
Wouldn't you say the same about, "A 30% fall in the Dow is nothing in terms of the long-term?"
Yesterday's high was nothing.
Today DJIA is up another .33%, which is better, but still no regrets on having been out for 2014.
Flagpole wrote:
Dow touched a new record high today on jobs reports.
Just sayin'.
How's the NASDAQ doing?
Don't read the news wrote:
Flagpole wrote:Dow touched a new record high today on jobs reports.
Just sayin'.
How's the NASDAQ doing?
Maybe we can cover that when Klondike5 or K5 or K55 or whatever he's calling himself today decides to create a thread called "Down goes the NASDAQ".
This could be a market top and bull trend reversal, at least for the next few weeks.
The RSI and MACD are weaker at the new SPX high versus the March high. I don't remember the name of that candlestick pattern of the last two days, but it looks ominous on the charts. Previous declines of this magnitude have either been immediately corrected in the next couple of days or they led to a much larger decline.
To confirm a sell trading signal, the SPX would need to close below the midpoint of the 28 day price channel at 1864 and not trade above 1864 at any time the following day.
Support exists at the March low (1840-ish) and the 50 day moving average, currently at 1838 and rising about a point a day.
I don't like the charts of the DJIA and NDX either. Let's see what happens over the next few days.
and Gold overreacted 20+ points, so its probably a good short? Even Oil was up, so the commodities are probably reading falsely.
The market may have topped until September on this news, the Fed is still tapering but cyclical 3 year lows in the dollar may help any small downturn.
Not a time to get in the market but a time to look at the bigger long term picture.
Posted March 29...
K55 wrote:
pine bark wrote:So,...when is this correction happening? Right now the market seems overvalued and behaving irrationally.
Next week. And it will be far more than a correction
Meanwhile at the end of "next week"...
Flagpole wrote:
Dow touched a new record high today on jobs reports.
Just sayin'.
Could he be more wrong? wrote:
Posted March 29...
K55 wrote:Next week. And it will be far more than a correction
Meanwhile at the end of "next week"...
Flagpole wrote:
Dow touched a new record high today on jobs reports.
Just sayin'.
Hard to believe that's the real K55 (K5). The real K55 appears to be a bright, if troubled, fellow and not prone to making specific predictions for a particular week.
I'm calling imposter.
Dow closes the week at 16,413, down 159.8 or 1.0% on the day.
Just like the previous equaling of the high, to me this means nothing other than no gains yet for the year. Of course I'm not making anything in cash right now either, but it's slightly more stable than the markets---for now.
I haven't like this year at all, too much fiddle-faddle (that's a technical term, for those of you who don't know). It means lots of activity without lots of progress. Sure it keeps you busy, but I'd rather be busy doing other things, like looking for real property, which I'm now doing.
I find myself considering the property tax burden going forward, and therefore looking at the fiscal situation of various jurisdictions. What can I say? Yuck. Good thing it's not the sole factor.
Maserati wrote:
Dow closes the week at 16,413, down 159.8 or 1.0% on the day.
Just like the previous equaling of the high, to me this means nothing other than no gains yet for the year. Of course I'm not making anything in cash right now either, but it's slightly more stable than the markets---for now.
I haven't like this year at all, too much fiddle-faddle (that's a technical term, for those of you who don't know). It means lots of activity without lots of progress. Sure it keeps you busy, but I'd rather be busy doing other things, like looking for real property, which I'm now doing.
I find myself considering the property tax burden going forward, and therefore looking at the fiscal situation of various jurisdictions. What can I say? Yuck. Good thing it's not the sole factor.
no gains for the year? The vanguard balanced index, which is around 65% stock/35% bonds and representative of many diversified portfolios was up 2.4% for the year as of last night. It will probably be just 2% after today, but 2% is pretty good for 3 months work.
After today global stocks (VT) are probably up 1.1% or so.
agip wrote:
Maserati wrote:Dow closes the week at 16,413, down 159.8 or 1.0% on the day.
Just like the previous equaling of the high, to me this means nothing other than no gains yet for the year. Of course I'm not making anything in cash right now either, but it's slightly more stable than the markets---for now.
I haven't like this year at all, too much fiddle-faddle (that's a technical term, for those of you who don't know). It means lots of activity without lots of progress. Sure it keeps you busy, but I'd rather be busy doing other things, like looking for real property, which I'm now doing.
I find myself considering the property tax burden going forward, and therefore looking at the fiscal situation of various jurisdictions. What can I say? Yuck. Good thing it's not the sole factor.
no gains for the year? The vanguard balanced index, which is around 65% stock/35% bonds and representative of many diversified portfolios was up 2.4% for the year as of last night. It will probably be just 2% after today, but 2% is pretty good for 3 months work.
After today global stocks (VT) are probably up 1.1% or so.
Could you please stick with one measuring stick?
Maserati wrote:
Dow closes the week at 16,413, down 159.8 or 1.0% on the day.
Just like the previous equaling of the high, to me this means nothing other than no gains yet for the year. Of course I'm not making anything in cash right now either, but it's slightly more stable than the markets---for now.
I haven't like this year at all, too much fiddle-faddle (that's a technical term, for those of you who don't know). It means lots of activity without lots of progress. Sure it keeps you busy, but I'd rather be busy doing other things, like looking for real property, which I'm now doing.
I find myself considering the property tax burden going forward, and therefore looking at the fiscal situation of various jurisdictions. What can I say? Yuck. Good thing it's not the sole factor.
Anyone with no gains for the year is at the least incompetent if not brain dead.
Don't ever invest in the stock market! It's all a ruse by the republicans to steal your money. You'll never get anywhere with stocks. It's rigged!
Pointing Out the Obvious wrote:
Could he be more wrong? wrote:Posted March 29...
Meanwhile at the end of "next week"...
Hard to believe that's the real K55 (K5). The real K55 appears to be a bright, if troubled, fellow and not prone to making specific predictions for a particular week.
I'm calling imposter.
You're an idiot.
fisky wrote:
This could be a market top and bull trend reversal, at least for the next few weeks.
I betting you're wrong.
Of course he's right, but I agree about sticking to the measuring stick in the title of the thread.
NASDAQ down 2.5% on Friday, Dow only down 1.0%
Listen to the Dems wrote:
Pointing Out the Obvious wrote:Hard to believe that's the real K55 (K5). The real K55 appears to be a bright, if troubled, fellow and not prone to making specific predictions for a particular week.
I'm calling imposter.
You're an idiot.
I know that I am right. You know that you are brainless. Or, you would know if you had any method of comprehension.