Down goes the Dow

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Gruntz wrote:

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Ghost of Igloi wrote:

https://www.washingtonpost.com/technology/2019/09/30/inside-new-uber-weak-coffee-vanishing-perks-fast-deflating-morale/

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Up 2.5% today. Maybe there is something to contrarian indicator thing with Igy.

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Ghost of Igloi wrote:

https://mobile.twitter.com/hussmanjp/status/1180126156164648960

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If the Dow stays between 25k and 27k for another year I'm gonna lose it.

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Gruntz wrote:

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Ghost of Igloi wrote:

https://mobile.twitter.com/hussmanjp/status/1180126156164648960

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I told you Igy just parrots what Hussman and other idiots say. Now you know why Igy keeps cherry picking that date. He’s just a lemming with no critical thinking capability of his own.

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Earnings Scorecard: For Q3 2019 (with 21 of the companies in the S&P 500 reporting actual results), 19 S&P 500 companies have reported a positive EPS surprise and 11 S&P 500 companies have reported a positive revenue surprise.

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Earnie wrote:

Earnings Scorecard: For Q3 2019 (with 21 of the companies in the S&P 500 reporting actual results), 19 S&P 500 companies have reported a positive EPS surprise and 11 S&P 500 companies have reported a positive revenue surprise.

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And so it begins wrote:

The Bear Market/recession has started. We won't see the S&P 500 at 2950 again for 6+ months, possibly 9+ months. Now it's just seeing how far it will fall.

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LiIIy wrote:

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And so it begins wrote:

The Bear Market/recession has started. We won't see the S&P 500 at 2950 again for 6+ months, possibly 9+ months. Now it's just seeing how far it will fall.

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I’ll take that bet.

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Racket wrote:

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Earnie wrote:

Earnings Scorecard: For Q3 2019 (with 21 of the companies in the S&P 500 reporting actual results), 19 S&P 500 companies have reported a positive EPS surprise and 11 S&P 500 companies have reported a positive revenue surprise.

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Can you include a list of those companies if possible with your updates? It would be good for discussion I think

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Recession's gonna happen. You have to be crazy to spend in this environment. Everyone thinks the fed is going to save them or they'll be a trade deal. False hopes. We're still up what 15-20% for the year? No thanks, I'll wait before buying the dip. The dip was not middle of last week. Bull trap.

Contrarian indicators? Igloi's less bearish in recent posts, not much fear this weekend, bulls outnumber bears on stocktwits, #recession keyword falling?

Where do we go next?

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More of the same wrote:

Contrarian indicators? Igloi's less bearish in recent posts, not much fear this weekend, bulls outnumber bears on stocktwits, #recession keyword falling?

Where do we go next?

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Ghost of Igloi wrote:

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More of the same wrote:

Contrarian indicators? Igloi's less bearish in recent posts, not much fear this weekend, bulls outnumber bears on stocktwits, #recession keyword falling?

Where do we go next?

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Huh? Friday’s close below 1/26/2018 close of 26,616. You are dreaming.

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Stater of the obvious wrote:

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Ghost of Igloi wrote:

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More of the same wrote:

Contrarian indicators? Igloi's less bearish in recent posts, not much fear this weekend, bulls outnumber bears on stocktwits, #recession keyword falling?

Where do we go next?

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Huh? Friday’s close below 1/26/2018 close of 26,616. You are dreaming.

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That’s one of the few (only?) dates in the last 10+ years for which that is true. Obviously being invested has been the smart play.

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false hopes' wrote:

Recession's gonna happen. You have to be crazy to spend in this environment. Everyone thinks the fed is going to save them or they'll be a trade deal. False hopes. We're still up what 15-20% for the year? No thanks, I'll wait before buying the dip. The dip was not middle of last week. Bull trap.

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agip wrote:

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false hopes' wrote:

Recession's gonna happen. You have to be crazy to spend in this environment. Everyone thinks the fed is going to save them or they'll be a trade deal. False hopes. We're still up what 15-20% for the year? No thanks, I'll wait before buying the dip. The dip was not middle of last week. Bull trap.

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better way to look at it is that the market has gone up very little for over a year and a half. that's typically a good time to buy, although not always of course.

but yes, a recession's gonna happen. Sometime between today and the end of the universe we will have a recession. Correct.

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So why is 2019 on that graph? Has Hussman made yet another mistake?