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

Looking good so far.

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

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40% of the S&P companies have withdrawn their guidance, which means they can't predict their earnings.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?

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.

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

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".

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

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.

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.....

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.

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.

One word, plastics!

So last year.

Time to upgrade you Mastercard for Paypal.

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

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

I’m not. They all live in Iowa, USA.

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

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

my paypal stock has done great the past 3 months

Always good hearing from you, mikey.
Stay in touch.

Just stating the 1000% obvious.........

You always exaggerate, mikey. That’s 10x overkill.

Sounds like you missed out on today’s bump. And the rest of them.

If you are trying to portray yourself as a financial genius, try again.

I have 25% OF MY 403B in a guarateed 3.2% return, the rest in SP100 stock. Right now I am down 3% of the total in January. I put in 20K in the 3.2% fund this year.
For the most part, I am happy with the correction, and right now it does not hurt. When President Trump wins, I'll have more this December than last December.

No, no. I’d always defer to you for that. Being from Iowa and all.

Keep trying, toot. You are unique, just like everyone else.

Never forget.

Hopefully you’re right on the re-election.

Warren Buffett’s just plowed 10billion$ into Dominion. I found that interesting as it’s been a long while since he released some of the cash that he’s sitting on.

There’s no contest, mikey. None.

Stay in touch, please.

Please give us all the inside scoop on the stock market......genius.

Quickly........

Okay but this is just between you and me cause I like you.

Always bet against mikeywerner.

There ya have it. Play it close to your chest.

1.86% today. Nice solid day

Futures are even to slightly lower presently. Overseas mkts are up some.

As long as you qualify. I haven't been able to Roth it in years. They need to raise the income limit.

Before all of this Covid and Stimulus came about, Trump had ordered Treasury to look into reconfiguring the RMD % calculation AND the qualifiers for Roth accounts.

Hopefully those will get put back on the table.

Yea, you and duck keep an eye on that.......investment geniuses.

the threshold is ridiculously low. Double it

Dominion also ditched the Atlantic pipeline after years of fighting the idiot lib/pseudo enviroloonies.

I'm betting they think it's gonna be Biden. If they felt trump had a strong chance they might not have gave up.

Someone pizz in your Cherrios this AM? You've been a little troll all evening here.

It is my first post on the subject and you have NO IDEA my investing strategies or portfolio.

So GFY.

You are correct.....apologies.