Home Forums Hunting & Shooting Hunter's Campfire Clearly The Stock Market.....

The DOW & NASDAQ apparently didn't get the memo that TRUMP BAD...........The only person working in D.C.

Headed for 28K today?

Dunno. With this increase in the economy...are we still doing QE?

QE stopped when President Trump took office. It has not been implemented sense. Quantitative Tightening (QT) is what the Trump administration has faced his entire term.

25 points to go.......

It's the Economy, stoopid!

28004.82 close

My 401K is very much liking this and brokerage account are very much liking this.

Amazing. I hope the trend continues through next November

I'm still amazed how long it's gone without a correction. I've still got some parked in a money market thinking I'll drop more back in the market after a correction but I should have played it all last year. At least most of ours is in and doing pretty well.

Bb

Stop trying to time the market. Time in the market beats timing the market.
"The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently.”

That's my opinion on market timing anyways.

Most of it's in there. I just have about 60k that's in a mm account because there's still part of me that thinks much of the market is a house of cards and I'm reluctant to go all in. I wonder if the deficit will catch up to us soon and think the next correction is so far overdue it could be a big one.

Bb

I would consider the 4th quarter 2018 a correction, no?

I really took a hit last year, but it all came back. A-hole TIAA Cref advisor told me to sell my stock and go into annuity when it was at the lowest point. That would have cost me 6 figures. That guy is a weasel.

I would be very leery of anyone trying to sell me an annuity.

I would consider the 4th quarter 2018 a correction, no?
[/quote

I guess technically 4th of 18 probably was. What's the official definition over 10% ?

Bb

Significant Market Correction Coming?

Rida Morwa - 15:35 – 6 Jul 2017
"I doubt we are going to see any significant market correction that will require us to use inverse leveraged ETFs. We are likely to continue to see market volatility through September, but I believe there is nothing much to worry about. . . . Markets do not go up in a straight line. Market corrections are healthy and help the equities consolidate to move higher during a strong bull market such as the one we are seeing now. Still, I doubt we will see a significant market correction anytime soon. Possibly, we may see a mini correction of around 5%, but it could take a while to happen, and it could start at a much higher level from here. . . . in general, market corrections are characterized as a market pullback between 10% to 20%. Anything below 10% is not considered a correction. It could be called a mini correction. . . . It is best to be a long term investor, and not to worry about market corrections. As long as the risks to the global economy (including recession risks) are low, then the markets will recover, and any market pullback are not likely to last a long time."


"While equities look pretty resilient with a solid long-term uptrend, we should note that during a bull market it is normal to see, from time to time, a pull-back (or correction) of 5% to 10%. Usually market corrections last for four months, on average, and there is a swift recovery after that." Rida Morwa

Here we go again. Annuity bad. You guys know the average intellect out there? Hammers make bad wrenches. And the average idiot doesn't know the difference.

Nothing wrong with a hammer if it fits your need.

My 401K has earned 22% for the year. Increased by six figures. If Trump will stop tweeting and can get elected for another term, I plan on retiring when I turn 60 in about two years.

Stop Tweeting why, because it hurts your feelers?

Annuities...the time shares of the investing world.

The only reason the market is doing so well is because there is no place else to put your money that can give you a return of any kind..... If interest rate would just normalize, the market would fall apart....

And as the Fed keeps printing money to cover the overnight business thing... the Repo market... the dollar is going to become worthless when this all comes back to bite us in the azz...

Your life saving will become worthless when the world figures out the value US dollar has been diluted by the Fed printing money....