morekaos
Well-known member
https://youtu.be/tzXqjQt5gT4Compressed-Village said:
What the "Dow" is happening?
- Thread starter eyephone
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Fear not, the Trump Rally is more than intact, its stronger. A pullback from the highs was not only desirable but necessary. The decks are being cleared for higher highs. Stay invested my friend, this market will be higher by the end of this year.
Agreed but imposing a huge tax hike at the end of a boom cycle is a recipe for inflationary disaster. USD plummeting in value and the economy is on the verge of overheating.
But yeah...rich people have more money!
I am with you on that contrary to Wall Street approach
The best thing investors can do for themselves is not pay attention to the talking heads and look at the fundamentals themselves , or if they cannot , stick w disciplined heuristic approach ? I. E . Investment horizons and entry points matter.
Never let your money mix w your politics
Well, I still use CD's and DVD's and I still like tracking the Dow. Although when tracking my own performance, I measure against the S&P.
We already had this argument a year ago on the other Dow thread...
Yes , agree in general . I have stayed away this year (took my equities down around Halloween last year ) . Missed some of the upside since then but that?s ok after multiple years of appreciation .
But , if you were interested in adding risk here , would seriously start looking at individual stocks or ETFs that have gotten dislocated w the Vix bloodbath . Economic conditions are still favorable overall , trump or no trump .
The truth is there's no such thing as a perfect index. The S&P is notorious for adding companies just before they implode. This has been a drag on index performance several times over the years. The reason is that whatever hot sector has been leading the economy tends to get overrepresented in the index, and then that same sector tends to get hit hardest by the subsequent recession.
Also, it has been shown that an equal weight S&P fund does better than following the cap-weighted index methodology.
aquabliss
Well-known member
All the talking heads on CNBC are saying don?t panic, don?t sell, stay the course. This of course means we?re in for a much bigger drop. Once they start saying people should take money off the table, readjust allocation, sell most of their equities, only then will we be headed back up.
nosuchreality
Well-known member
I know with all the breathless TV reporting about drops people are concerned about this but I have a simp!e (sheesh i want to shut shot shit can this autocorrect) just question.
Didbusinesses (so tired of Silk) any of the trading curbs trigger for the broadcasters (ditto) markets not including individual stock circuit breakers?
The media and babbling heads still seem to act like the DOW is sub 10,000 and not 25,000.
Did
The media and babbling heads still seem to act like the DOW is sub 10,000 and not 25,000.
morekaos
Well-known member
morekaos
Well-known member
fortune11 said:Kings said:
What happened today ? You guys got bored of Obama so soon and put trump back in charge ?
See how silly this is ? hitching yourself to a bull market (supposedly) 9 years in the making ...
Fear not, the Trump Rally is more than intact, its stronger. A pullback from the highs was not only desirable but necessary. The decks are being cleared for higher highs. Stay invested my friend, this market will be higher by the end of this year.
The point I am making is --- there is no "Trump rally or " Obama rally " . Presidents don't have much long term impact on the stock market . It is the business cycle and financial conditions
I know many rich people think they know otherwise (because they are rich , they think they must be smart) but there are forces way behind the presidents control shaping up the global economy .
this rally has legs because it is being supported by Emerging Markets and Europe which is where companies in the S&P500 derive big chunk of their revenue . They are finally coming out of years and years of weak growth and recessions . Add to that $ weak = MORE revenue from abroad, also good for oil prices , good for Emerging Market currencies . The tax cuts added fuel to the already burning fire.
And while we are at it, someone please change the title of this thread The Dow is as irrelevant an index as CDs or DVD players . It is a meaningless index used by the dumb mainstream financial media (and also that boomers love it) .
I know many rich people think they know otherwise (because they are rich , they think they must be smart) but there are forces way behind the presidents control shaping up the global economy .
this rally has legs because it is being supported by Emerging Markets and Europe which is where companies in the S&P500 derive big chunk of their revenue . They are finally coming out of years and years of weak growth and recessions . Add to that $ weak = MORE revenue from abroad, also good for oil prices , good for Emerging Market currencies . The tax cuts added fuel to the already burning fire.
And while we are at it, someone please change the title of this thread
The Dow is as irrelevant an index as CDs or DVD players . It is a meaningless index used by the dumb mainstream financial media (and also that boomers love it) .Irvinecommuter
New member
fortune11 said:The point I am making is --- there is no "Trump rally or " Obama rally " . Presidents don't have much long term impact on the stock market . It is the business cycle and financial conditions
I know many rich people think they know otherwise (because they are rich , they think they must be smart) but there are forces way behind the presidents control shaping up the global economy .
this rally has legs because it is being supported by Emerging Markets and Europe which is where companies in the S&P500 derive big chunk of their revenue . They are finally coming out of years and years of weak growth and recessions . Add to that $ weak = MORE revenue from abroad, also good for oil prices , good for Emerging Market currencies . The tax cuts added fuel to the already burning fire.
And while we are at it, someone please change the title of this thread
Agreed but imposing a huge tax hike at the end of a boom cycle is a recipe for inflationary disaster. USD plummeting in value and the economy is on the verge of overheating.
But yeah...rich people have more money!
morekaos said:
I am with you on that contrary to Wall Street approach
The best thing investors can do for themselves is not pay attention to the talking heads and look at the fundamentals themselves , or if they cannot , stick w disciplined heuristic approach ? I. E . Investment horizons and entry points matter.
Never let your money mix w your politics
Liar Loan
Well-known member
fortune11 said:And while we are at it, someone please change the title of this thread
Well, I still use CD's and DVD's and I still like tracking the Dow. Although when tracking my own performance, I measure against the S&P.
morekaos
Well-known member
Liar Loan said:fortune11 said:And while we are at it, someone please change the title of this thread
Well, I still use CD's and DVD's and I still like tracking the Dow. Although when tracking my own performance, I measure against the S&P.
We already had this argument a year ago on the other Dow thread...
morekaos said:
eyephone said:
Yes , agree in general . I have stayed away this year (took my equities down around Halloween last year ) . Missed some of the upside since then but that?s ok after multiple years of appreciation .
But , if you were interested in adding risk here , would seriously start looking at individual stocks or ETFs that have gotten dislocated w the Vix bloodbath . Economic conditions are still favorable overall , trump or no trump .
Liar Loan
Well-known member
morekaos said:Liar Loan said:fortune11 said:And while we are at it, someone please change the title of this thread
Well, I still use CD's and DVD's and I still like tracking the Dow. Although when tracking my own performance, I measure against the S&P.
We already had this argument a year ago on the other Dow thread...
morekaos said:
The truth is there's no such thing as a perfect index. The S&P is notorious for adding companies just before they implode. This has been a drag on index performance several times over the years. The reason is that whatever hot sector has been leading the economy tends to get overrepresented in the index, and then that same sector tends to get hit hardest by the subsequent recession.
Also, it has been shown that an equal weight S&P fund does better than following the cap-weighted index methodology.
irvinehomeowner
Well-known member
The Irvine index is all you need to follow.
