Down goes the Dow

Best week since 1974.

Buy signaI wrote:

Best week since 1974.

And all that in a shortened trading week, with markets closed tomorrow.

Enjoy your weekend, everybody!

Do you have any original thoughts of your own, or are you incapable of critical thinking?

“In one sense, the market turbulence in the first quarter provided something like a “last call” for investors. On one hand, investors can embrace an approach that favors perspective and preparation. This worked well to insulate investors from the greatest ravages of the selloff and to position them for future opportunities. On the other hand, investors can continue to chase markets in a landscape that they don’t understand with tools that don’t work. Either way, the guard has changed.”

—Lance Roberts

Stanley Morgan wrote:

Do you have any original thoughts of your own, or are you incapable of critical thinking?

That sure hasn’t worked out very well for you. Of course you’re a dope.

Ghost of Igloi wrote:

“In one sense, the market turbulence in the first quarter provided something like a “last call” for investors. On one hand, investors can embrace an approach that favors perspective and preparation. This worked well to insulate investors from the greatest ravages of the selloff and to position them for future opportunities. On the other hand, investors can continue to chase markets in a landscape that they don’t understand with tools that don’t work. Either way, the guard has changed.”

—Lance Roberts

More nonsense by those who would advance their own agendas and viewpoints on the tail of an unprecedented health and economic calamity.

That is so wrong, but whatever. More indebtedness will solve the problem, and even make economically unwise investments whole again. Not likely, but OK.

Ghost of Igloi wrote:

Stanley Morgan wrote:

Do you have any original thoughts of your own, or are you incapable of critical thinking?

That sure hasn’t worked out very well for you. Of course you’re a dope.

It’s obviously worked out better for me than it has for you, but that should go without saying.

?

Don't fight the ...

Look at the past fortnight:

https://finance.yahoo.com/quote/VCIT?p=VCIT

Then look at this:

https://finance.yahoo.com/news/buying-fed-buys-230207842.html

Earnings Scorecard: For Q1 2020 (with 21 companies in the S&P 500 reporting actual results), 16 S&P 500 companies have reported a positive EPS surprise and 15 S&P 500 companies have reported a positive revenue surprise.

Ghost of Igloi wrote:

https://mobile.twitter.com/NorthmanTrader/status/1248709515031318529

what an idiot (no offence to posters of the same name).

Where do we find evidence? How about that it is currently over 15% down off its all time high and was down as much as 28% at the bottom a week ago.

To support his lame claim, he posts a graph showing a 35 year span. Back out far enough and almost everything disappears except for a graph that clearly shows that the markets have and continue to be a very profitable long term profit builder for those smart enough to invest in it.

seattle prattle wrote:

Ghost of Igloi wrote:

https://mobile.twitter.com/NorthmanTrader/status/1248709515031318529

what an idiot (no offence to posters of the same name).

Where do we find evidence? How about that it is currently over 15% down off its all time high and was down as much as 28% at the bottom a week ago.

To support his lame claim, he posts a graph showing a 35 year span. Back out far enough and almost everything disappears except for a graph that clearly shows that the markets have and continue to be a very profitable long term profit builder for those smart enough to invest in it.

Of course, no negative consequences:

https://youtu.be/O1hCLBTD5RM