I'm sure a lot of people threw in the towel this afternoon, after a promising futures market dropped like a rock to -2.2%. Then of course it rallies to close flat.
the market will often do whatever it takes to get you to puke up your shares. Wild.
Earnings Scorecard: For Q1 2022 (with 95% of S&P 500 companies reporting actual results), 77% of S&P 500 companies have reported a positive EPS surprise and 73% of S&P 500 companies have reported a positive revenue surprise.
Earnings Scorecard: For Q1 2022 (with 95% of S&P 500 companies reporting actual results), 77% of S&P 500 companies have reported a positive EPS surprise and 73% of S&P 500 companies have reported a positive revenue surprise.
so far I'm unaware of any change in overall SP500 EPS estimates for the year. Although I'm sure some reductions will happen.
I'm sure a lot of people threw in the towel this afternoon, after a promising futures market dropped like a rock to -2.2%. Then of course it rallies to close flat.
the market will often do whatever it takes to get you to puke up your shares. Wild.
SPY is down around 17% YTD, but it was up 26% in 2021. It's not like everyone started investing in 2022 right? Everyone is still up by a lot since they started investing, why is everyone freaking out?
I'm sure a lot of people threw in the towel this afternoon, after a promising futures market dropped like a rock to -2.2%. Then of course it rallies to close flat.
the market will often do whatever it takes to get you to puke up your shares. Wild.
SPY is down around 17% YTD, but it was up 26% in 2021. It's not like everyone started investing in 2022 right? Everyone is still up by a lot since they started investing, why is everyone freaking out?
It's down 18.14%.
Was up 26.89% in 2020.
18.14% of 126.89% is @ 23%.
Hence, nearly all gains from 2021 have been wiped out in the 1st 4 + 2/3rd months of 2022.
The stock market’s recent weakness could be particularly hazardous to your wealth if you’re male, above the age of 45, married, have more dependents, or think you have excellent investment knowledge. That’s because investors in these demographic categories are more likely to react to the market’s decline by freaking out and “panic selling.” And if you do that, odds are good that you won’t get back into equities until the stock market is much higher than where it stood when you sold—causing you to lose out to buying and holding.
I think in this instance it means - don't put your entire life savings in a stock run by a self-obsessed, meme-loving, egomaniac billionaire.
The fact that you're losing your mind everyday the market tumbles shows that you've over-extended yourself. Diversify, spread the risk and never bet more than you can afford to lose.
Note: The market is down over 20% in less than five months.
How is losing that much of your equity investments a good thing?
How have you invested wisely?
You keep saying the market is down 20% but there is big wide world out there, sunshine. US is down 20%. The good old FTSE 100 is only down 1.53% YTD. The Nikkei is down 8.75%. And heck, Global Energy is UP 38%! (kudos to Iggy for that call by the way)
A globally diversified portfolio shouldn't be down 20% YTD. It most probably won't be green, but it won't be down 20% and it definitely shouldn't be giving you heart palpitations every time you look at the markets. In fact, you probably shouldn't look at the markets at all right now.
Note: The market is down over 20% in less than five months.
How is losing that much of your equity investments a good thing?
How have you invested wisely?
You keep saying the market is down 20% but there is big wide world out there, sunshine. US is down 20%. The good old FTSE 100 is only down 1.53% YTD. The Nikkei is down 8.75%. And heck, Global Energy is UP 38%! (kudos to Iggy for that call by the way)
A globally diversified portfolio shouldn't be down 20% YTD. It most probably won't be green, but it won't be down 20% and it definitely shouldn't be giving you heart palpitations every time you look at the markets. In fact, you probably shouldn't look at the markets at all right now.
Something I noted years ago, and similar to the Tech Bubble.
“Investors who thought their S&P 500 Index fund is diversified are getting a rude shock.
The benchmark stock index fell for a seventh straight week, its longest losing streak since 2001, but its drop would be far less dramatic if it wasn’t so heavily weighted to mega-cap tech stocks like Apple In, Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Meta Platforms Inc.
The S&P 500 is, after all, a momentum play, since stocks with the largest market capitalizations carry the most weight, and tech’s dominance gives it outsized influence on the index’s performance. That was positive for investors on the way up as the high-fliers surged, and now even savvy investors are getting a lesson on just how much of an impact a few stocks can have on the way down.” —Bloomberg
Peter Schiff discusses how this #recession has already begun and it will be worse than the ones. The middle class and poor will suffer the most under #inflat...
Not everyone is, though you understandably might think otherwise while reading the comments of the Nervous Nellies on this thread. Many of the rest of us are spending the profits we reaped in recent months and years on this golden buying opportunity as we have done before knowing that “this too shall pass.” Patience inevitably leads to profits.
I'm sure a lot of people threw in the towel this afternoon, after a promising futures market dropped like a rock to -2.2%. Then of course it rallies to close flat.
the market will often do whatever it takes to get you to puke up your shares. Wild.
Coin Bros. First Official Music Videohttps://twitter.com/Coin_BrosDon't forget to get yourself a #BTFD shirt!!Ledger Gang Site: https://ledger-gang.myshopify...
one of us asked for some data showing that in some ways mortgage rates and home prices had either no correlation or a positive correlation. Which would be counterintuitive.
I don't vouch for these data, but here's something along those lines:
I'm reading some takes from substantive experts about not only a slowdown in price appreciation but an outright decline in prices. But history tells a different story... pic.twitter.com/1vgrZqVd4q
Housing prices continue to go up in our area. Our home is up more than 3x from purchase price nine years ago. Houses rarely stay on the market for long. Transplants selling on west coast moving to lower cost areas. Until prices slow on west coast unlikely to fall here. I do think housing is becoming increasingly unaffordable; especially with higher rates. I could not afford to buy in the current market.