Down goes the Dow

You're the troll...can't refute my facts, so you make up stuff. Envy.

JJ,

Ouija Board...yes......facts no.

I am the one with a Registered Handle and actually know what I am talking about.

Knowledge test: Explain to me what a Stop Limit Order is?

Igy

0/10

More strawman arguments. Envy.

JJ,

Googling the answer probably won't work. You actually have to know what you are doing.

Igy

JJ Kinahan wrote:

0/10

More strawman arguments. Envy.

Fav line of the ignorant Troll....

....silence....nothing but nonsense.....

Igy

I'm not the ignorant one on the sidelines while the market goes through the roof. Envy.

JJ,In case you missed it, re-read the first paragraph. Two week may be ancient history for a 30 something. Perhaps re-read paragraph two as being more relevant.Igy

Ghost of Igloi wrote:

JJ,

What you fail to recognize is everything is relative. Two weeks ago the Dow and S&P 500 were in the same place as 12/31/2014 and the NASDAQ same as 3/31/2001. Yet today, your head is so big you need an extension on your arm just to scratch it!

Weeks ago your God was TINA (There Is No Alternative). Low interest rates would continue to support the market. Well the 10 year Treasury in two weeks has moved from 1.75% to 2.33%. But you are naive to think this does not matter.

Keep scratching that head, the extension will not be needed.

Igy

You try to impose your fantasy belief system into me. More strawman. Envy.

Ghost of Igloi wrote:

JJ Kinahan wrote:

0/10

More strawman arguments. Envy.

Fav line of the ignorant Troll....

....silence....nothing but nonsense.....

Igy

Still unable to muster a reasonable counter argument I see. Envy.

Ghost of Igloi wrote:

JJ,

Facts for you are the direction of the market and the charts are your Ouija Board for predicting the future.

Here are facts: 95% of S&P 500 companies have reported for 3rd Quarter 2016. Of these 38% have exceeded GAAP EPS and 55% have exceeded sales estimates. All of these estimates were lowered heading into earnings season to create a lower hurdle. The PE is 24.48 which is the highest since 9/30/2009. The Last Twelve Months ( LTM) EPS is tracking just under $90. Wall Street in their typical Bullish fashion call for $130 EPS for 2017.

You have quoted zero, yes zero facts.

There is no envy of a naive inexperienced fool, only pity. You will learn the lesson like most investors.

Good luck though.

Igy

The quiver is empty, so he repeats himself. So sad. The envy is obvious.

The quiver is empty. The crickets are chirping. The narcissist who craves the last word is sulking and crying into his beer. So sad is the envy.

Why don't you two get a room?

Earnings Scorecard: As of today (with 95% of the companies in the S&P 500 reporting earnings for Q3 2016), 72% of S&P 500 companies have reported earnings above the mean estimate and 55%of S&P 500 companies have reported sales above the mean estimate.

That's great news! No wonder the markets are setting records. This Bull market has been great.

The markets have been great and now I know why. Thanks for that.

Earnie(ings) Fact Check:

Ghost of Igloi wrote:

Ghost of Igloi wrote:

Here are facts: 95% of S&P 500 companies have reported for 3rd Quarter 2016. Of these 38% have exceeded GAAP EPS and 55% have exceeded sales estimates. All of these estimates were lowered heading into earnings season to create a lower hurdle. The PE is 24.48 which is the highest since 9/30/2009. The Last Twelve Months ( LTM) EPS is tracking just under $90. Wall Street in their typical Bullish fashion call for $130 EPS for 2017.

You will learn the lesson like most investors.

Good luck though.

Igy

Retro Dan wrote:

That's great news! No wonder the markets are setting records. This Bull market has been great.

Required reading for Muppets:

Igy