Funny. I have a cat in my lap and a glass of water. Have a good weekend.
Funny. I have a cat in my lap and a glass of water. Have a good weekend.
Why can't the bulls think long term? A market pullback helps them. Stocks overvalued.
Phase I was underwhelming. They'll pump the next phases all year. Oh, we're so close to a deal, etc..
If you're bearish or in cash in this market, yeah, you want to get drunk. Bears can't win. I want to reverse and go bullish.
Are people really curbing their spending? I don't see that either.
Maserati wrote:
Posting from the bar. Was thinking about sprintgeezer’s comment.
Assumption: they know what the markets are doing.
That they released just before the Friday close news that sent the markets downward might show that they are oblivious, or it might show that hey were wrong in their assessment of the effect of the news on the markets.
If you believe the assumption, then there are cracks showing, a disconnect. Many predicted this with the Fed and especially the effect of further QE, but if it is now in the WH and the economic team, then it will be chaos from here on.
Just a thought after a beer that I didn’t have to buy. Friend here just told me to tell any losers reading this friday afternoon to get your assses to the bar asap!
Or maybe they knew what the markets were doing (up strong), and wanted to let a let a little steam off by releasing the news. But i've been hearing for a couple of days now not to expect a comprehensive deal, but rather, a small deal a mere agreement to stall the next round of tarif increases, and maybe a little promise to buy some farm goods. I haven't caught up with what this phase I consists of, but it sure sounds in line with the lowered expectations circulating.
And you can tell your bar buddies that's its still too early here on this coast to start hoisting a few, though that is in the cards after a run and dinner...
Earnings Scorecard: For Q3 2019 (with 23 of the companies in the S&P 500 reporting actual results), 21 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
Maserati wrote:
Friend here just told me to tell any losers reading this friday afternoon to get your assses to the bar asap!
Best advice I’ve seen on this thread in a long time.
Also, it’s pretty funny that Igy thought this was directed at him.
Not you again.
Gruntz: “ Igy, Igy, Igy.....Mr. Igy, always on my mind.......”
I love how you monitor this thread seemingly 24/7 just in case someone mentions your name. That’s narcissism personified.
Earnie wrote:
Earnings Scorecard: For Q3 2019 (with 23 of the companies in the S&P 500 reporting actual results), 21 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
Sure about that?
https://www.zerohedge.com/s3/files/inline-images/earnings_5.png?itok=wZZuBHYyGhost of Igloi wrote:
Earnie wrote:
Earnings Scorecard: For Q3 2019 (with 23 of the companies in the S&P 500 reporting actual results), 21 S&P 500 companies have reported a positive EPS surprise and 12 S&P 500 companies have reported a positive revenue surprise.
Sure about that?
https://www.zerohedge.com/s3/files/inline-images/earnings_5.png?itok=wZZuBHYy
Uh, you’re trying to counter easily proven factual information with information from a well-known fake news site. Are you retarded or something?
All eight indexes on our world watch list posted gains through October 14, 2019. The top performer is China's Shanghai SSE with a gain of 22.01% and in second is France's CAC 40 with a gain of 20.34%. In third is our own S&P 500 with a gain of 18.17%. Coming in last is Hong Kong's Hang Seng with a gain of 5.54%.
agip wrote:
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.
or...possibly two days.
that post certainly did not age well.
S&P 500 (^GSPC)
SNP - SNP Real Time Price. Currency in USD
2,952.01
continues to be a genuinely terrible post.
market is up 4.3% since this post - only around 13 calendar days.
life moves fast.
that is why trading on market news is impossible to do well over time. You miss one of these sharp moves and you are toast for the year.
agip wrote:
agip wrote:
or...possibly two days.
that post certainly did not age well.
S&P 500 (^GSPC)
SNP - SNP Real Time Price. Currency in USD
2,952.01
continues to be a genuinely terrible post.
market is up 4.3% since this post - only around 13 calendar days.
life moves fast.
that is why trading on market news is impossible to do well over time. You miss one of these sharp moves and you are toast for the year.
This, on warnings from the new IMF chief and FOMC member Bullard that a slowing economy is definitely a risk.
https://www.wsj.com/articles/global-economy-on-course-for-weakest-growth-since-crisis-11571144400https://www.wsj.com/articles/feds-james-bullard-cites-risk-of-slowing-economy-11571127901agip wrote:
agip wrote:
or...possibly two days.
that post certainly did not age well.
S&P 500 (^GSPC)
SNP - SNP Real Time Price. Currency in USD
2,952.01
continues to be a genuinely terrible post.
market is up 4.3% since this post - only around 13 calendar days.
life moves fast.
that is why trading on market news is impossible to do well over time. You miss one of these sharp moves and you are toast for the year.
Thus the attraction of buy-and-hold..
At least the OP realized he made a dumb post and went away quickly.
I think someone on here just enjoys the beatdown.
Investors are pulling out more money from stocks than any period since 2009. Apparently people think the market will go lower, but maybe it's indicative we're already at the bottom? Things have only gone up since 2009...
Throw this bear some red meat. SPY near all time high. Momentum stocks back. Banks crushing earnings. Extra rate cut coming! Why shouldn't everyone jump on in now? Where is the bear case?
Klondike2020 wrote:
Throw this bear some red meat. SPY near all time high. Momentum stocks back. Banks crushing earnings. Extra rate cut coming! Why shouldn't everyone jump on in now? Where is the bear case?
Ha, ha, ha, ha, ha......ha, ha, ha, ha, ha.......
https://i.imgflip.com/1e3qhy.jpgKlondike2020 wrote:
Throw this bear some red meat. SPY near all time high. Momentum stocks back. Banks crushing earnings. Extra rate cut coming! Why shouldn't everyone jump on in now? Where is the bear case?
I suggest washing it down with this:
https://www.ponzivineyards.com/assets/client/Image/2016PonziTavolaPinotNoirtop.jpgRemember, "You gotta be first or right. If you're both then that's lucky." @barnejek