52 week high sp500
-
20
-
Ghost of Igloi wrote:
Fund advisor wrote:
That fund is a real dog. My recommendation is “Avoid”.
Agip, please bookmark this for 12 months.
DGTD Bet resolution!
A year ago poster 'fund advisor' said bad things about Hussman's fund.
Igy challenged him and said we should check back in a year. Now is a year.
Clear win for Fund Advisor on this bet.
One year:
SP500: +17%
Global 60/40: +9%
Hussman: -6%
40 -
Jan 11 this analyst said we should look for a 23% drop in the Sp500.
Instead we got a 18% pop.
Major fail.
Stocks could be about to tumble more than 20%, according to one of the most successful strategists on Wall Street—but he warned on Tuesday that investors aren’t prepared for how bad things could get.
Speaking on CNBC’s Fast Money show, Mike Wilson, CIO and chief U.S. equity strategist at Morgan Stanley, said the S&P 500 was susceptible to a drop of 23%. That would see the index nosedive from its current 3,900 points all the way down to 3,000.
While there is a broad consensus that a recession is looming, Wilson—who was ranked the No. 1 stock strategist in the latest Institutional Investor survey—urged traders to take the impact of a potential economic contraction more seriously.
“Even though a majority of institutional clients think we’re probably going to be in a recession, they don’t seem to be afraid of it,” he said. “That’s just a big disconnect.”10 -
Drop in money supply growth appears not be a big problem for stocks.
Genevieve Roch-Decter, CFA
@GRDecter
Money supply growth collapses in February.
Largest monthly decline in history.
We are not okay.4/12/23
20 -
agip wrote:
Ghost of Igloi wrote:
Agip, please bookmark this for 12 months.
DGTD Bet resolution!
A year ago poster 'fund advisor' said bad things about Hussman's fund.
Igy challenged him and said we should check back in a year. Now is a year.
Clear win for Fund Advisor on this bet.
One year:
SP500: +17%
Global 60/40: +9%
Hussman: -6%
Igy, your hero Grantham predicted a 85% chance of a market crash this year. The market has been rocking. Do you think Grantham might have been wrong?
This is Grantham admitting he was wrong ...
50 -
agip wrote:
Jan 11 this analyst said we should look for a 23% drop in the Sp500.
Instead we got a 18% pop.
Major fail.
Stocks could be about to tumble more than 20%, according to one of the most successful strategists on Wall Street—but he warned on Tuesday that investors aren’t prepared for how bad things could get.
Speaking on CNBC’s Fast Money show, Mike Wilson, CIO and chief U.S. equity strategist at Morgan Stanley, said the S&P 500 was susceptible to a drop of 23%. That would see the index nosedive from its current 3,900 points all the way down to 3,000.
While there is a broad consensus that a recession is looming, Wilson—who was ranked the No. 1 stock strategist in the latest Institutional Investor survey—urged traders to take the impact of a potential economic contraction more seriously.
“Even though a majority of institutional clients think we’re probably going to be in a recession, they don’t seem to be afraid of it,” he said. “That’s just a big disconnect.”You think Igy will follow up this clown's terrible prediction and say he was big-time wrong?
Igy loves putting these doomsday predictions here but he never mentions when they were wrong and off their rockers.
60 -
agip wrote:
Jan 11 this analyst said we should look for a 23% drop in the Sp500.
Instead we got a 18% pop.
Major fail.
Stocks could be about to tumble more than 20%, according to one of the most successful strategists on Wall Street—but he warned on Tuesday that investors aren’t prepared for how bad things could get.
Speaking on CNBC’s Fast Money show, Mike Wilson, CIO and chief U.S. equity strategist at Morgan Stanley, said the S&P 500 was susceptible to a drop of 23%. That would see the index nosedive from its current 3,900 points all the way down to 3,000.
While there is a broad consensus that a recession is looming, Wilson—who was ranked the No. 1 stock strategist in the latest Institutional Investor survey—urged traders to take the impact of a potential economic contraction more seriously.
“Even though a majority of institutional clients think we’re probably going to be in a recession, they don’t seem to be afraid of it,” he said. “That’s just a big disconnect.”He is claiming the S & P will plummet to 3000. Grantham said below 2000. The S & P is at 4500 and is soaring. Where does Igy get these clowns?
40 -
Sally please chill.
03 -
this is it wrote:
Gruntz wrote:
It already has.
Is there anyone in this thread who is as consistently and demonstrably as wrong as Igy?
Is there anyone who was as consistently and demonstrably CORRECT as I have been regarding inflation?
Answer: No.
12 -
agip wrote:
Sally please chill.
Well, Sally IS correct here. It is pretty clear where Igy finds these clowns though. He's a permabear and attaches himself to anyone who is either also a permabear OR someone who is down on the market currently.
I think Sally and I and others here who are bothered by Igy's comments would not care even a little bit if he weren't so sure of himself even after being so wrong all the time.
The fact is that none of us here are market experts, including me. The problem is that some of you (including Igy) think that you are. There is only one person on the planet that I would call a market expert, and that is Warren Buffett, and even he is wrong sometimes (and more than rarely).
Invest money you don't need today so that you have money when you no longer have an income. Pay off debt including a house so that you have next to no expenses when you retire. That's it.
40 -
Flagpole wrote:
agip wrote:
Sally please chill.
Well, Sally IS correct here. It is pretty clear where Igy finds these clowns though. He's a permabear and attaches himself to anyone who is either also a permabear OR someone who is down on the market currently.
I think Sally and I and others here who are bothered by Igy's comments would not care even a little bit if he weren't so sure of himself even after being so wrong all the time.
The fact is that none of us here are market experts, including me. The problem is that some of you (including Igy) think that you are. There is only one person on the planet that I would call a market expert, and that is Warren Buffett, and even he is wrong sometimes (and more than rarely).
Invest money you don't need today so that you have money when you no longer have an income. Pay off debt including a house so that you have next to no expenses when you retire. That's it.
Speaking of debt, since the debt ceiling was raised the deficit has increased by $1 Trillion. The losses of market value on the Fed Balance sheet grows by $100 of Billions with each interest rate rise. Nothing exists in a vacuum, or without consequences.
05 -
Sally Vix wrote:
You think Igy will follow up this clown's terrible prediction and say he was big-time wrong?
Igy loves putting these doomsday predictions here but he never mentions when they were wrong and off their rockers.
There’s not enough bandwidth here for Igy to admit his mistakes. LTC would need to upgrade their servers big time.
40 -
retiree from another device wrote:
I realize my suggestion of looking at composition of SP500 didn't get much traction in this discussion, but I'm curious whether any of the regular contributors have an understanding of what tends to drive market gains. For general information, the index is comprised of 11 sectors: energy, materials, industrials, consumer discretionary, consumer staples, health care, financials, information technology, communications services, utilities and real estate.
Can anybody in the discussion rank these sectors in terms of which dominate by market capitalization? Or at a minimum, name the biggest 2 or 3 and the smallest 2 or 3?
As a bonus question, can anyone say which sectors have been the best and worst performers over the last year? Last 2 years? 5 years? 10 years? 30 years?
Keen to know if any of this detail seems pertinent to any market nerds other than me. If you think this kind of detail is irrelevant, maybe say why you think so.
My hunch is that information technology would lead and consumer discretionary would be right up there as well for dominating by market cap. Smallest might be materials or at least low on the list.
information technology would be the best performer over the last 2, 5, and 10 years.00 -
Flagpole wrote:
this is it wrote:
Is there anyone in this thread who is as consistently and demonstrably as wrong as Igy?
Is there anyone who was as consistently and demonstrably CORRECT as I have been regarding inflation?
Answer: No.
Igy has forgotten more about the market than I will ever know. He is a good guy to boot. I just enjoy teasing Igy a little bit.
00 -
Sally Vix wrote:
Flagpole wrote:
Is there anyone who was as consistently and demonstrably CORRECT as I have been regarding inflation?
Answer: No.
Igy has forgotten more about the market than I will ever know. He is a good guy to boot. I just enjoy teasing Igy a little bit.
I am not offended, and I enjoy your teasing. And please remember at the end of last year I did not pour salt on your wounds. :-)
00 -
01
-
Ghost of Igloi wrote:
If you care to share main points, that would be appreciated. Otherwise, I for one, have regular sources for market commentary and John Hussman is not among them.
20 -
seattle prattle wrote:
Ghost of Igloi wrote:
If you care to share main points, that would be appreciated. Otherwise, I for one, have regular sources for market commentary and John Hussman is not among them.
Something something market bad...
40 -
seattle prattle wrote:
My hunch is that information technology would lead and consumer discretionary would be right up there as well for dominating by market cap. Smallest might be materials or at least low on the list.
information technology would be the best performer over the last 2, 5, and 10 years.The three biggest sectors by market cap in SP500 are tech (28.3%), health care (13.4%) and financials (12.4%). The three smallest are utilities (2.6%), materials (2.5%) and real estate (2.5%). Consumer discretionary is in 4th place at 10.7%.
These proportions are from a recent source but may be off by small amounts as of today.
Best performer over 2 and 3 years, by far, is energy. Tech dominates over every other time period to 30 years back, including 1 year. Energy's dominance would be, I think, mainly a result of war in Ukraine. Remember our discussion with mas at the outset of the war? I was encouraging moving money into TSX 60, an energy/utilities/materials sub-index.
10 -
October 9, 2020
Ghost of Igloi wrote:Bummbull wrote:
Also, you’re saying I’m down compared to the day that you posted, is that similar to how you brag to people that your portfolio was performing slightly better at end of March? I hope you feel better making fun of peoples portfolios when they are up over 100% from beginning of this year.
Bummbell,
Ah, I hope you feel better making fun of my slovenly life. At least this 70 year old is retired, oh but this poor guy is only driving a Cayman. That’s right, God chose you to be an AMZN employee. Divine intervention, for the moment. Anyway, wish you well.
I did purchase XLE last Friday 10/2. In my view it should do quite a bit better than AMZN/tech over the next year. Of course that may not happen if the Fed/Congress continues to flood the markets with $Trillions of excess liquidity. In that case the madness continues, but the rebalancing of the economy will be that much more severe. Bookmark this if you like.
Igy
02
What People Are Talking About On LetsRun
No top threads at the moment. Check back soon.