Ghost of Igloi wrote:
The market wasn’t forward looking March 2000, and October 2007. That phrase is meaningless bullish banter, like the “cash on the sidelines” meme.
well it's a classic investing blunder to focus on two or three bad moments and ignore thousands of good moments.
But this is an old convo to be sure.
agip wrote:
All time high SP500
I am getting croaked across the board today. Tesla, gold, bitcoin, Nio...you name it and it's down
highhoppingworm wrote:
agip wrote:
All time high SP500
Lol... because job numbers missed and hopes of a stimulus package are growing. What a world we live in.
I saw someone describe this as a Labrador market. It doesn't matter what the situation is, it's just happy to be here and ready to go with a lot of energy
Racket wrote:
highhoppingworm wrote:
Lol... because job numbers missed and hopes of a stimulus package are growing. What a world we live in.
I saw someone describe this as a Labrador market. It doesn't matter what the situation is, it's just happy to be here and ready to go with a lot of energy
running with that analogy, it is like a retriever market: all these speculative plays going for a flier but get brought back in (i.e.: bitcoin, EV stocks, etc.)
Watching this local co., SBTX (Silverback Therapeutics, a clinical stage biomed co.) go public today as an IPO. Might nibble on that one.
Igloi, Why aren't you posting about the voter fraud? Fight back. This is more important than the markets.
If agenda 2030 happens, no one will own anything. You won't be happy.
Don't you democrats get this? You voted for your own destruction. Great reset is not a myth.
Time to speak up. No reset, no lockdowns, no voter fraud. You know who really won the election.
Hand over the keys to your house. The protestors are demanding it!
Network was a really good movie. 'I'M MAD AS HELL AND I AM NOT GOING TO TAKE IT ANYMORE!"
agip wrote:
Ghost of Igloi wrote:
The market wasn’t forward looking March 2000, and October 2007. That phrase is meaningless bullish banter, like the “cash on the sidelines” meme.
well it's a classic investing blunder to focus on two or three bad moments and ignore thousands of good moments.
But this is an old convo to be sure.
Well, as old as tulip bulbs anyhow. ?
Stop The Steal wrote:
Igloi, Why aren't you posting about the voter fraud? Fight back. This is more important than the markets.
Clearly something was wrong with this election. I am perfectly content to see the cards fall as they may, since I do believe it is a House of Cards on many levels.
seattle prattle wrote:
Racket wrote:
I saw someone describe this as a Labrador market. It doesn't matter what the situation is, it's just happy to be here and ready to go with a lot of energy
running with that analogy, it is like a retriever market: all these speculative plays going for a flier but get brought back in (i.e.: bitcoin, EV stocks, etc.)
Watching this local co., SBTX (Silverback Therapeutics, a clinical stage biomed co.) go public today as an IPO. Might nibble on that one.
Watched it get listed finally, inched up, grabbed a stake as it starting surging, and then it quickly sank back down to a level i was hoping not to revisit. Was patient and was able to get out at break even, and it has since sank back to the lows.
Not fun. But no harm done.
Ghost of Igloi wrote:
agip wrote:
"Ours not to reason why, ours but to do and die."
Of course that didn't work out too well for the light brigade.
On year end GAAP estimated EPS of $93.17, or Current PE 39.66. Oh, that’s right PE doesn’t matter, and the market is forward looking. ?
PE matters; just not as much as you think it does.
And, yes, the market is forward looking. How else do you explain these records?
BTW, Bruce Dern is still acting. He was nominated for an Academy Award a few years ago. And as of a few years ago he was still running almost every day.
Stop The Steal wrote:
Igloi, Why aren't you posting about the voter fraud? Fight back. This is more important than the markets.
What fraud?
The bosses have already told us this was the most secure, safest and most legit election of all time.
And surely they would not lie
Ghost of Igloi wrote:
Stop The Steal wrote:
Igloi, Why aren't you posting about the voter fraud? Fight back. This is more important than the markets.
Clearly something was wrong with this election. I am perfectly content to see the cards fall as they may, since I do believe it is a House of Cards on many levels.
I have never seen massive leads in several key states on the morning following the election disappear. All of them. Over 700,000 vote lead in PA.
The stock market clearly loves President-Elect Joe Biden!
The Unkle wrote:
Ghost of Igloi wrote:
Clearly something was wrong with this election. I am perfectly content to see the cards fall as they may, since I do believe it is a House of Cards on many levels.
I have never seen massive leads in several key states on the morning following the election disappear. All of them. Over 700,000 vote lead in PA.
Many of us saw this coming.
And the press warned us about it before the election. Trust me. I read it and it was plain and simple.
Trump saw it coming to and he played the public.
The ploy was that Rep. could bet on a strong in person voter turnout on election day, and Trump even explicitly encouraged it. Then, as they start counting mail-in ballots, the lead would diminish, because it is well documented that Dems tend to vote by mail a lot more than do Reps. Again, the papers knew this and said as much, and even predicted this would most likely happen.
And Trump encouraged it probably to make it look more suspect.
It's not rocket surgery. It is a con. It has been examined by numerous courts. And you are being played.
Sorry.
seattle prattle wrote:
The Unkle wrote:
I have never seen massive leads in several key states on the morning following the election disappear. All of them. Over 700,000 vote lead in PA.
Many of us saw this coming.
And the press warned us about it before the election. Trust me. I read it and it was plain and simple.
Trump saw it coming to and he played the public.
The ploy was that Rep. could bet on a strong in person voter turnout on election day, and Trump even explicitly encouraged it. Then, as they start counting mail-in ballots, the lead would diminish, because it is well documented that Dems tend to vote by mail a lot more than do Reps. Again, the papers knew this and said as much, and even predicted this would most likely happen.
And Trump encouraged it probably to make it look more suspect.
It's not rocket surgery. It is a con. It has been examined by numerous courts. And you are being played.
Sorry.
+1
every reputable news org told us to expect this to happen because of how Dems and Reps vote.
every reputable news org predicted this.
If you don't read the news that's on you.
Earnings Scorecard: For Q3 2020 (with 99% of the companies in the S&P 500 reporting actual results), 85% of S&P 500 companies have reported a positive EPS surprise and 79% have reported a positive revenue surprise.
Earnie wrote:
Earnings Scorecard: For Q3 2020 (with 99% of the companies in the S&P 500 reporting actual results), 85% of S&P 500 companies have reported a positive EPS surprise and 79% have reported a positive revenue surprise.
would be great if you added to your summaries the actual change in EPS, not just the surprise factor.
2600 bro wrote:
The stock market clearly loves President-Elect Joe Biden!
The market loves it when Main Street suffers
agip wrote:
seattle prattle wrote:
Many of us saw this coming.
And the press warned us about it before the election. Trust me. I read it and it was plain and simple.
Trump saw it coming to and he played the public.
The ploy was that Rep. could bet on a strong in person voter turnout on election day, and Trump even explicitly encouraged it. Then, as they start counting mail-in ballots, the lead would diminish, because it is well documented that Dems tend to vote by mail a lot more than do Reps. Again, the papers knew this and said as much, and even predicted this would most likely happen.
And Trump encouraged it probably to make it look more suspect.
It's not rocket surgery. It is a con. It has been examined by numerous courts. And you are being played.
Sorry.
+1
every reputable news org told us to expect this to happen because of how Dems and Reps vote.
every reputable news org predicted this.
If you don't read the news that's on you.
Exactly.
The MSM told us in advance what to think.
The fact remains, numbers in an election have never shifted so much