Ghost of Igloi wrote:
Cost to buy and sell, Detector Dude. Try to use your brain, rather than wasting time trolling.
Oh, the irony!
Ghost of Igloi wrote:
Cost to buy and sell, Detector Dude. Try to use your brain, rather than wasting time trolling.
Oh, the irony!
^ Detector Dude has definitely failed Taleb’s test. Of course he has always been morally corrupt.
LOL. Take a look in the mirror.
Detector Dude cries waaaaaa, waaaaaa, Waaaaa, ? ? ?
Ghost of Igloi wrote:
Detector Dude cries waaaaaa, waaaaaa, Waaaaa, ? ? ?
No surprise that you have an irrational response.
Q1 GAAP EPS $11.97 and 2020 GAAP EPS estimate downgraded to $90.33. I wonder how the market reacts as these numbers continue to drop? The market will not try to keep up.
Wonder if the Street is going to like the Police Riot going on all over America
Giles Corey wrote:Wonder if the Street is going to like the Police Riot going on all over America
Futures are up with a couple of hours to the opening bell.
Who the heck ever knows what the street will like or not? Surely not me...
Wall Street =/= economy
Racket wrote:
Wall Street =/= economy
Good article about that in NY Times over the weekend, and it delved into the apparent inequalities it perpetuates. Take away for me was that the fact that the two are disconnected isn't debated, we are beyond that. It's more a matter of its implications. It hit upon how the markets really look ahead about a year or even two, the faith in the Federal Reserve to take this downturn head-on, and the ethics behind stock buy-backs. A very thorough analysis,
One nice quote i remember from it, "Anything that is expected doesn't move the market" as said by Jeremy Siegel who teaches finance at U of PA Wharton school, and he noted this as a common market truism. It was used in reference to how the bad news each day on the virus and unemployment is surprisingly met with upswings on the market, apparently because it is factored in, so it would seem.
"Anything that is expected doesn't move the market"
so true
How about when 2020 GAAP EPS goes to $60.00, and 2021 to $80?
I am sure this was unexpected by the markets.
https://twitter.com/AtlantaFed/status/1267493152589524993
Market is up on foolish speculation, and has little to do with expectation.
3055 at the close. Getting further and further from 1500...
the idiot wrote:
3055 at the close. Getting further and further from 1500...
idiot,
Yea, and at $90.33 2020 GAAP EPS estimate trading highest PE since Tech Bubble. Take that to a 2013 price multiple and you are well below 1500. Q1 GAAP EPS at $11.57; last time we were there the S&P 500 was at 1,000.
The Feds $Trillions bought you nothing but time.
You’ll sadly see I am correct.
Igy
Ghost of Igloi wrote:
You’ll sadly see I am correct.
Igy
That would be a welcomed change.
Gruntz wrote:
Ghost of Igloi wrote:
You’ll sadly see I am correct.
Igy
That would be a welcomed change.
Sure, weeks ago we were points away from when I first posted here five years ago. It took $Trillions to slow the carnage. The operative word is “slow.”
Ghost of Igloi wrote:
Gruntz wrote:
That would be a welcomed change.
Sure, weeks ago we were points away from when I first posted here five years ago. It took $Trillions to slow the carnage. The operative word is “slow.”
You should have bought the dip.
Ghost of Igloi wrote:idiot,
Yea, and at $90.33 2020 GAAP EPS estimate trading highest PE since Tech Bubble. Take that to a 2013 price multiple and you are well below 1500. Q1 GAAP EPS at $11.57; last time we were there the S&P 500 was at 1,000.
The Feds $Trillions bought you nothing but time.
You’ll sadly see I am correct.
Igy
Igy,
I have not doubt you are sharing information that is factually correct. And yet, the markets refuse to go into free fall...
I promise I will eat crow if the markets ever get below 1500. That said, time is running out for you... come 31 December, if it's not below 1500, I'm expecting you to surrender your dignity peacefully... :-)
Is there a rule against attaching a helium balloon to yourself while running a road race?
Am I living in the twilight zone? The Boston Marathon weather was terrible!
How rare is it to run a sub 5 minute mile AND bench press 225?
Jakob Ingebrigtsen has a 1989 Ferrari 348 GTB and he's just put in paperwork to upgrade it
Move over Mark Coogan, Rojo and John Kellogg share their 3 favorite mile workouts
Mark Coogan says that if you could only do 3 workouts as a 1500m runner you should do these