Don't get it? wrote:
Melissa V wrote:
[quote]Ghost of Igloi wrote:
A record high is bad new (sic)? Is this a joke?
You really don't get it?
What does a record high mean?
it means it's been all downhill since then. And loss of value is not a good thing.
But I do get it. What about the gain in value? Do you understand the reason for investing in the market?
Ghost of Igloi wrote:
No it is actually longsighted since the fund is up 5.90% on the year right after I said I thought HSGFX would do well.
You think 2 months in the market qualifies as “long sighted”?
Say wha? wrote:
Ghost of Igloi wrote:
No it is actually longsighted since the fund is up 5.90% on the year right after I said I thought HSGFX would do well.
You think 2 months in the market qualifies as “long sighted”?
Yes.
Ghost of Igloi wrote:
Say wha? wrote:
You think 2 months in the market qualifies as “long sighted”?
Yes.
Yet you define “soon” in terms of years. Interesting.
Melissa V wrote:
Don't get it? wrote:
You really don't get it?
What does a record high mean?
it means it's been all downhill since then. And loss of value is not a good thing.
But I do get it. What about the gain in value? Do you understand the reason for investing in the market?
You asked what was bad news about a record high. The answer is very simple and I gave it to you. Now you try to change the discussion. Sad!
No U don't wrote:
Melissa V wrote:
But I do get it. What about the gain in value? Do you understand the reason for investing in the market?
You asked what was bad news about a record high. The answer is very simple and I gave it to you. Now you try to change the discussion. Sad!
She asked if it was a joke, not what was bad about it.
Fact checker wrote:
No U don't wrote:
You asked what was bad news about a record high. The answer is very simple and I gave it to you. Now you try to change the discussion. Sad!
She asked if it was a joke, not what was bad about it.
R U honestly going to pretend you don't understand sarcasm? Or at least I hope you are pretending.
so dumb wrote:
Fact checker wrote:
She asked if it was a joke, not what was bad about it.
R U honestly going to pretend you don't understand sarcasm? Or at least I hope you are pretending.
Fail.
Earnings Scorecard: For Q3 2018 (with 96% of the companies in the S&P 500 reporting actual results for the quarter), 78% of S&P 500 companies have reported a positive EPS surprise and 61% have reported a positive sales surprise.
Earnie wrote:
78% of S&P 500 companies have reported a positive EPS surprise and 61% have reported a positive sales surprise.
And 99% of those companies have tanked regardless.
How do you define ‘tanked’?
Racket wrote:
Earnie wrote:
78% of S&P 500 companies have reported a positive EPS surprise and 61% have reported a positive sales surprise.
And 99% of those companies have tanked regardless.
this is what makes a market, eh
The earnings reports were spectacular - one of the best quarters in recent memory
But the stocks went down
Why? Are the sellers just traders or a few large (probably overseas) traders, raising cash? Will the waves of selling abate and let the natural upward momentum of the market resume? Will the great corporate performance result in higher stock prices?
Or are the sellers correct, seeing very many roadblocks on the road to higher stock prices?
agip wrote:
Racket wrote:
And 99% of those companies have tanked regardless.
one of the best quarters in recent memory
Sell at the top. Tarriffs on the horizon and no new tax breaks to over-juice the economy? Why believe it could get any better then
Or you could invest in John Deere :
Earnings call : "There is no good news. We missed in every way possible this quarter, and we're fvcked going forward."
Up 7%
Racket wrote:
agip wrote:
one of the best quarters in recent memory
Sell at the top. Tarriffs on the horizon and no new tax breaks to over-juice the economy? Why believe it could get any better then
hey if I knew this were the top, I'd sell sure of course
agip wrote:
Racket wrote:
Sell at the top. Tarriffs on the horizon and no new tax breaks to over-juice the economy? Why believe it could get any better then
hey if I knew this were the top, I'd sell sure of course
or better put, a lot of investors much smarter and much more talented than I are holding tight. Running away at every 10% correction is not a way to make any money.
agip wrote:
agip wrote:
hey if I knew this were the top, I'd sell sure of course
or better put, a lot of investors much smarter and much more talented than I are holding tight. Running away at every 10% correction is not a way to make any money.
I don't buy that, no pun intended. Most of those guys are idiot finance bros working for daddy's firm. Market Makers are just as stupid as everyone else, they just have enough money to influence direction
Racket wrote:
agip wrote:
or better put, a lot of investors much smarter and much more talented than I are holding tight. Running away at every 10% correction is not a way to make any money.
I don't buy that, no pun intended. Most of those guys are idiot finance bros working for daddy's firm. Market Makers are just as stupid as everyone else, they just have enough money to influence direction
I'm thinking of guys like Buffet. long term holders. Those are my role models - not hedge fund guys just renting stocks for a year max.
We have likely entered a bear market. Investors will learn that holding an overweight position in the most overvalued and over owned names is a bad idea. Traders will find short term trades become long term holds. Low cost ETFs and Robo Platforms will increase losses rather than insulating investors from declines. If anything investors will question the narrative sold by Buffett and others. Remember Warren was making the swearheart deals during the financial crisis. So guess who is holding the bag?