Racket wrote:
Nasty Day wrote:
"People gonna be selling hard".
IMO, it already happened. Did you see the market today?
"Did I see the market today" lol no I totally missed it, tell me more.
In other news, no one believes in the strength of this market right now. VIX goes up 25% at the slightest sign of selling pressure; in my opinion this is a new paradigm of algorithms taking everyone for a ride
always a combination of things but yeah
also interesting to note that we've been in a trading range since end 2017...that's getting pretty long. Would not be surprised if this is one of those 3-5 year waits for something to happen. I should do well with my short term high yield bonds then...get 4-5% coupons while I wait.
Although housing numbers are poking back up again and clearly the marlet seems to think the future is bright. Maybe the december bear market cleared out the picture and all that money coming back in will keep the market bumping up.
Ghost of Igloi wrote:
https://www.zerohedge.com/news/2019-03-04/which-these-four-charts-makes-you-laugh-most
The fact that you keep posting stuff from zerohedge makes me laugh the most. I’m still not sure if you’re a troll or an idiot.
No, you will believe it’s a message from Putin. So you will ignore what is in front of your face. In the end it serves the Russian goal even though there is no conspiracy, only your gullibility.
Ghost of Igloi wrote:
No, you will believe it’s a message from Putin. So you will ignore what is in front of your face. In the end it serves the Russian goal even though there is no conspiracy, only your gullibility.
Russian goal? You are one weird (and paranoid) dude.
Lemons wrote:
I’m still not sure if you’re a troll or an idiot.
I don't always stand up for him, but in this case I will. I don't think he is a troll.
Purple Martin wrote:
Lemons wrote:
I’m still not sure if you’re a troll or an idiot.
I don't always stand up for him, but in this case I will. I don't think he is a troll.
Yuck, yuck, yuck....
Portia wrote:
All eight indexes on our world watch list posted gains through March 4, 2019. The top performer is the Shanghai SSE with a 22.81% gain and in second is Hong Kong's Hang Seng with a gain of 15.24%. In third is France's CAC 40 with a gain of 12.73%. Coming in last is India's BSE SENSEX with a gain of 0.48%.
https://www.advisorperspectives.com/dshort/updates/2019/03/04/world-markets-update?utm_source=boomtrain&utm_medium=email&bt_ee=ad7XBvC%2Fccq1Ccvp8%2BYl5mTfITUNJEkTnKPJcIpcWSbOq1E1hrw4elSifTD6P41F&bt_ts=1551792188138
Ghost is only concerned with December 2018 when the markets suffered a bit. He only picks specific downturns in the markets and refuses to focus on the long-term success of the markets.
Sally Vix wrote:
Portia wrote:
All eight indexes on our world watch list posted gains through March 4, 2019. The top performer is the Shanghai SSE with a 22.81% gain and in second is Hong Kong's Hang Seng with a gain of 15.24%. In third is France's CAC 40 with a gain of 12.73%. Coming in last is India's BSE SENSEX with a gain of 0.48%.
https://www.advisorperspectives.com/dshort/updates/2019/03/04/world-markets-update?utm_source=boomtrain&utm_medium=email&bt_ee=ad7XBvC%2Fccq1Ccvp8%2BYl5mTfITUNJEkTnKPJcIpcWSbOq1E1hrw4elSifTD6P41F&bt_ts=1551792188138Ghost is only concerned with December 2018 when the markets suffered a bit. He only picks specific downturns in the markets and refuses to focus on the long-term success of the markets.
Sally prefers 130 year returns hoping she, I mean he, lives that long. Conveniently forgetting the 20 year S&P 500 Index return is 3% and with reinvested dividends 5.5%. And the S&P 500 has dramatically outperformed global stocks during that time period.
Just live long enough and it will be alright.
Ghost of Igloi wrote:
Sally Vix wrote:
Ghost is only concerned with December 2018 when the markets suffered a bit. He only picks specific downturns in the markets and refuses to focus on the long-term success of the markets.
Sally prefers 130 year returns hoping she, I mean he, lives that long. Conveniently forgetting the 20 year S&P 500 Index return is 3% and with reinvested dividends 5.5%. And the S&P 500 has dramatically outperformed global stocks during that time period.
Just live long enough and it will be alright.
Ghost, I am very proud that you finally decided to include dividends reinvested. You are focused on the years 2000, 2001 and 2002 which I find highly admirable. I will pick a random year just as your do - say 2009 - and let's see how it has done versus CDs.
Wow - it has done 15.5% in the last 10 years. Who would not want that kind of return?
And your treasured CDs? Hmmm .... not too good. They have a net negative return over the last 10 years inflation-adjusted. Who would want that kind of return? You are not even keeping up with inflation.
https://www.putnam.com/literature/pdf/II514-bee9d3d363e6964080e2056af9538b4a.pdfSally,
What you seem very ignorant to is valuations matter and valuations ten years ago were historically low and today historically high. As I said I will remind you how wrong your assumptions were.
Igy
Fact checker wrote:
The forward 12-month P/E ratio for the S&P 500 is 16.2. This P/E ratio is below the 5-year average (16.4).
Hey that is an estimated number, isn’t that your meme? And a phony one at that.
Do the math.
Fact checker wrote:
Do the math.
What was the Forward PE ten years ago?
Answer that question and you can see how foolish you post is.
And you are the Fact Checker.
Joke really.
The MFV has been below 1.00 since October.
small caps now below the 200 day
large caps over it, but only a percent or so.
Depends on what you mean by "future is bright" in my opinion. I think the macro picture is still global slowdown in growth (although not necessarily a recession), hiring is slowing, retail is getting killed as well. The good news though is the only news that matters : central banks are keeping the free money train alive.
European markets rallied hard this morning after the ECB cut it's growth forecast so much that it's now seriously considering ultra-cheap loans to banks. Central bank action right now is it. I am impressed that inflation has stayed this low for so long though. It's still a mystery why average Americans aren't getting significant wage growth
agip wrote:
small caps now below the 200 day
large caps over it, but only a percent or so.
Good catch on small caps. I'm looking at gold right now even though inflation is low. Trump actively asking for a weaker dollar, euro has a ton of pressure thanks to Italy and Greece (and Drahgi's ultra dovish policies as of late, although the Germans are likely to replace him very soon and then they'll sweep the whole Deutsche Bank mess under the rug but that's another conversation), and I figure a hard Brexit will kill the gbp. Three main currencies of the world showing weakness so hopefully that means a run into gold.
Fact checker wrote:
The forward 12-month P/E ratio for the S&P 500 is 16.2. This P/E ratio is below the 5-year average (16.4).
WSj shows 16.68 as of last Friday, close enough. Also never realized RUT has such a high P/E, currently sitting at 23.51
http://www.wsj.com/mdc/public/page/2_3021-peyield.html