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Asia markets at a 4 month high and our markets on the rise.

Looking good so far.


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6 mos. chart of the S&P500 looks a bit like a cup & handle.


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I dunno.

Market up 21% in the 2nd quarter...after dropping 20% in the 1st quarter. Could this be a "dead cat bounce?" The only other time something like that happened was in 1932. The depression lasted years longer.

40% of the S&P companies have withdrawn their guidance, which means they can't predict their earnings. Now if THEY have no idea what their earnings will be, how can the MARKET know?

Current PE is 22. The long term average has been 15. Is the market overpriced?

The Fed is buying corporate bonds. Why? The companies need the cash to stay afloat. Why can't they sell the bonds to investors? Risk of default?

Where does the Fed get the money? Why, they just print it. Ever hear of the Weimar Republic? Or Zimbabwe?





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The market is scary high based on most projections that put us 2 years out to reach 2019 numbers. And that’s if Trump is re-elected. A lot of industries are hurting and it’s going to get worse the longer this Rona chit plays out. I have a feeling things will play out this fall.


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Around here they're talking about recovering the 2019 job level by 2025. The BLM riots will make things worse.


Don't blame me. I voted for Trump.

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Originally Posted by IndyCA35
I dunno.

Market up 21% in the 2nd quarter...after dropping 20% in the 1st quarter. Could this be a "dead cat bounce?" The only other time something like that happened was in 1932. The depression lasted years longer.

40% of the S&P companies have withdrawn their guidance, which means they can't predict their earnings. Now if THEY have no idea what their earnings will be, how can the MARKET know?

Current PE is 22. The long term average has been 15. Is the market overpriced?

The Fed is buying corporate bonds. Why? The companies need the cash to stay afloat. Why can't they sell the bonds to investors? Risk of default?

Where does the Fed get the money? Why, they just print it. Ever hear of the Weimar Republic? Or Zimbabwe?


Couple of points. The unadjusted PE is not an accurate valuation of stock prices. Remember that in the equation for valuation of discounted cash flow, "r" is the discount rate:

DCF = CF1/(1+r)1 + CF2/(1+r)2 + CFn/(1+r)n

In other words, as the returns from alternative investments decreases, the valuation of stocks increase.

Why is the Fed buying Corporate Bonds? To replace destroyed capital, and it's part of their interest rate strategy.

But as a market participant, the lesson is, "Don't fight the Fed".


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Hope you're not a stock broker.....

Originally Posted by Old_Toot
Asia markets at a 4 month high and our markets on the rise.

Looking good so far.


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Originally Posted by Old_Toot
Asia markets at a 4 month high and our markets on the rise.

Looking good so far.


What does this mean? Like good for the short term, long term for Trump’s re-election???? Such vague statement, but the system is artificially inflated due to excess liquidity, but it’s good for equity markets.

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Just moved the entirety of my sons 529 College savings into "savings portfolio". His mama and I have worked too hard, for too long to lose it as he enters college this fall.

I don't trust the market even a little bit. I'll re-evaluate if Trump gets re-elected of course.

YMMV

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Originally Posted by iddave

Just moved the entirety of my sons 529 College savings into "savings portfolio". His mama and I have worked too hard, for too long to lose it as he enters college this fall.

I don't trust the market even a little bit. I'll re-evaluate if Trump gets re-elected of course.

YMMV

Dave



Watch tax implications.....


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im up 34.06% year to date and 48.75 1year. im not an expert but i do ok, I will be moving mine to a stable value fund sometime end of august early september.


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The thing to remember about now is the 401Ks and Iras.People are putting money in something every paycheck. That in itself pushes the market up over time.

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One word, plastics!


When a country is well governed, poverty and a mean condition are something to be ashamed of. When a country is ill governed, riches and honors are something to be ashamed of
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Originally Posted by kenjs1
One word, plastics!


So last year.

Time to upgrade you Mastercard for Paypal.


You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.

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Roth IRA’s are a great investment tool for working class people.


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Originally Posted by cfran
Originally Posted by Old_Toot
Asia markets at a 4 month high and our markets on the rise.

Looking good so far.


What does this mean? Like good for the short term, long term for Trump’s re-election???? Such vague statement, but the system is artificially inflated due to excess liquidity, but it’s good for equity markets.


Not at all vague and as another said here, don’t fight the FED.


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Originally Posted by MIKEWERNER
Hope you're not a stock broker.....

Originally Posted by Old_Toot
Asia markets at a 4 month high and our markets on the rise.

Looking good so far.



I’m not. They all live in Iowa, USA.


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Originally Posted by acooper1983
im up 34.06% year to date and 48.75 1year. im not an expert but i do ok, I will be moving mine to a stable value fund sometime end of august early september.


You should have gotten a good bump at today’s close. A very nice Monday considering it following a long weekend.


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Good thing......you are truly a financial dunce, in the corner.

Originally Posted by Old_Toot
Originally Posted by MIKEWERNER
Hope you're not a stock broker.....

Originally Posted by Old_Toot
Asia markets at a 4 month high and our markets on the rise.

Looking good so far.



I’m not. They all live in Iowa, USA.



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Originally Posted by antelope_sniper
Originally Posted by kenjs1
One word, plastics!


So last year.

Time to upgrade you Mastercard for Paypal.


my paypal stock has done great the past 3 months

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