Down goes the Dow

Ghost of Igloi wrote:

agip wrote:

the global economy is not weak and hasn't been weak. it is showing some signs of slowdown, is all.

International markets began declining one year ago. I suspect these numbers will continue to weaken and it is far more than trade policy and high priced smart phones.

Igy

The global economy has plateaued but shows no signs of falling off a cliff in 2019. Assuming no major disruptions, a gradual slowdown seems most likely.

agip is right again wrote:

Ghost of Igloi wrote:

International markets began declining one year ago. I suspect these numbers will continue to weaken and it is far more than trade policy and high priced smart phones.

Igy

The global economy has plateaued but shows no signs of falling off a cliff in 2019. Assuming no major disruptions, a gradual slowdown seems most likely.

https://www.conference-board.org/data/globaloutlook/

I disagree, these reports are always overly optimistic. agip is only regurgitating the Bullish narrative. There is nothing here other than what is promoted by 99% of the financial media. Keep in mind in 2006 Ben Bernanke said housing was strong and housing debt was not a threat to the economy. Janet Yellen said last year there would not be another financial crisis in our lifetime.

But believe what you wish.

Igy

“Confirming what home buyers suspected and real estate sales figures have indicated for months, Federal Reserve Chairman Ben S. Bernanke said yesterday that the U.S. housing market was showing clear signs of cooling off.

Bernanke said the slowdown is "moderate" and "orderly" and pointed to the overall strength of the economy.”

Sounds like your report.

Ghost of Igloi wrote:

Earnie wrote:

Earnings Growth: For Q4 2018, the estimated earnings growth rate for the S&P 500 is 11.4%. If 11.4% is the actual growth rate for the quarter, it will mark the fifth straight quarter of double-digit earnings growth for the index.

The miracle of non-GAAP accounting. Good luck with $170/share 2019 forecast.

Good point. GAAP earnings are looking to be up for only four straight quarters.

Ghost of Igloi wrote:

agip is right again wrote:

The global economy has plateaued but shows no signs of falling off a cliff in 2019. Assuming no major disruptions, a gradual slowdown seems most likely.

https://www.conference-board.org/data/globaloutlook/

I disagree, these reports are always overly optimistic. agip is only regurgitating the Bullish narrative. There is nothing here other than what is promoted by 99% of the financial media. Keep in mind in 2006 Ben Bernanke said housing was strong and housing debt was not a threat to the economy. Janet Yellen said last year there would not be another financial crisis in our lifetime.

But believe what you wish.

Igy

Overly optimistic? Would you prefer that I use the October IMF projection that you referenced? That one projects significantly higher growth than the one I used.

Wanna make a bet on Q1 2019?

agip is right again wrote:

Ghost of Igloi wrote:

I disagree, these reports are always overly optimistic. agip is only regurgitating the Bullish narrative. There is nothing here other than what is promoted by 99% of the financial media. Keep in mind in 2006 Ben Bernanke said housing was strong and housing debt was not a threat to the economy. Janet Yellen said last year there would not be another financial crisis in our lifetime.

But believe what you wish.

Igy

Overly optimistic? Would you prefer that I use the October IMF projection that you referenced? That one projects significantly higher growth than the one I used.

Well, a month later it deteriorated further. I would say a January 2019 snap shot would take another leg down. My opinion of course.

Ghost of Igloi wrote:

DGTD Contrarian Indicator alert! wrote:

LOL. Whose advice has sucked? You are routinely bad at stock picking.

You are an idiot, the stock is still down $39 from where he bought it. Now that is bad stock picking and not me. Besides likely to be $120 by July 1st.

The discussion is about YOUR buy signal, not what someone else paid. But nice try at diverting the discussion.

DGTD Contrarian Indicator alert! wrote:

Ghost of Igloi wrote:

You are an idiot, the stock is still down $39 from where he bought it. Now that is bad stock picking and not me. Besides likely to be $120 by July 1st.

The discussion is about YOUR buy signal, not what someone else paid. But nice try at diverting the discussion.

OK, let’s do it your way just like your posts on FB, AMZN and CHK. Just give your bad Karma indicator some time to percolate.

Huh?

Translation: as a result of the Bad Karma elicited by your trolling the DGTD Contrarian Alert causes a stock to move in the opposite intended direction. It is now just a matter of time. Look what you did to TNA; at one point losing 50% after your DGTD Contrarian Alert. Your “Losing Money!”

I made no alert regarding TNA.

Contrarian indicator wrote:

Ghost of Igloi wrote:

Actually it could be true and still I would be having fun. TNA is likely on the cusp of a multi-year decline and HSGFX on a multi-year upswing. It is all a question of “is this the end of the beginning, or the beginning of the end.” Either way it will not matter because most will lose money from here on TNA and make money on HSGFX. My opinion of course.

I guess I’ll buy some TNA.

.....and boy did that lose money.....

Let’s remember to “price in” the Trump National Emergency Threat from our fave Stable Genius; er, de-stabilizing genius.

Ghost of Igloi wrote:

Contrarian indicator wrote:

I guess I’ll buy some TNA.

.....and boy did that lose money.....

Not me...different name. Another FAIL for you.

jesseriley wrote:

Let’s remember to “price in” the Trump National Emergency Threat from our fave Stable Genius; er, de-stabilizing genius.

No current ultra runner to slander with your rambling, nonsensical diatribes?

EIi wrote:

Ghost of Igloi wrote:

HSGFX outperforming TNA on a YTD basis by +4%, boy that escalated quickly.

And could reverse itself just as quickly.

TNA outperforming HSGFX on a YTD basis by +7%, boy that escalated quickly.

Ghost of Igloi wrote:

Wanna make a bet on Q1 2019?

Add to the 4 years of "SOON" predictions.

You're flattering yourself if you think the recent market craziness correlates with anything you have posted over the past 4 years.

mister wrote:

Ghost of Igloi wrote:

Wanna make a bet on Q1 2019?

Add to the 4 years of "SOON" predictions.

You're flattering yourself if you think the recent market craziness correlates with anything you have posted over the past 4 years.

One year down, three to go, then four more! Just watch!