Ah OK, I wasn't aware of that as I didn't get into the debate.Nathan Drake wrote: ↑Wed Nov 24, 2021 3:59 pmNot if you correctly interpreted that post as sarcasm towards a snarky statement against international investing vs USMarseille07 wrote: ↑Wed Nov 24, 2021 3:55 pmWeren't you celebrating SCV outperformance like a couple of days ago?Nathan Drake wrote: ↑Wed Nov 24, 2021 3:48 pm That’s why it’s not a good idea to get infatuated with recent winners
Buffet wrote in Forbes that “the market pays a high price for a cheery outlook”
U.S. stocks continue to soar!
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Re: U.S. stocks continue to soar!
Re: U.S. stocks continue to soar!
This is one really weird yield curve. We have 2 inversions for today, 11/24!
https://www.treasury.gov/resource-cente ... data=yield
But given that the bond market is broken, we probably shouldn't be trying to read too much into it.
https://www.treasury.gov/resource-cente ... data=yield
But given that the bond market is broken, we probably shouldn't be trying to read too much into it.
- Brianmcg321
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Re: U.S. stocks continue to soar!
Rules to investing: |
1. Don't lose money. |
2. Don't forget rule number 1.
Re: U.S. stocks continue to soar!
I don't think this can happen. Sears was run into the ground. Nordstrom still has a lot of family ownership.Marseille07 wrote: ↑Wed Nov 24, 2021 2:28 pmI wouldn't recommend touching JWN. They might go the Sear's route.anoop wrote: ↑Tue Nov 23, 2021 9:21 pm Is this a Black Friday sale for $JWN?
https://finance.yahoo.com/quote/JWN?p=J ... c=fin-srch
Anyone plan to load up? I have no idea why their stock was soaring to begin with.
At this rate, I don't think we can hit my 5400 year end target. I thought it was possible till 2 weeks ago--1000 pts each week of the year. But I think I accept that it won't happen now.
Re: U.S. stocks continue to soar!
Nordstrom has good management and I think a good strategy. They won't clobber Amazon but they'll come out on the other side. They are gobbling up tech talent from Amazon, so you can see where they're pivoting.anoop wrote: ↑Fri Nov 26, 2021 8:35 amI don't think this can happen. Sears was run into the ground. Nordstrom still has a lot of family ownership.Marseille07 wrote: ↑Wed Nov 24, 2021 2:28 pmI wouldn't recommend touching JWN. They might go the Sear's route.anoop wrote: ↑Tue Nov 23, 2021 9:21 pm Is this a Black Friday sale for $JWN?
https://finance.yahoo.com/quote/JWN?p=J ... c=fin-srch
Anyone plan to load up? I have no idea why their stock was soaring to begin with.
At this rate, I don't think we can hit my 5400 year end target. I thought it was possible till 2 weeks ago--1000 pts each week of the year. But I think I accept that it won't happen now.
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Re: U.S. stocks continue to soar!
The futures market just opened and soaring +0.54%!
- abuss368
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Re: U.S. stocks continue to soar!
International markets are up correct?
Best.
Tony
John C. Bogle: “Simplicity is the master key to financial success."
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Re: U.S. stocks continue to soar!
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Re: U.S. stocks continue to soar!
Hallelujah, Hallelujah
Time is your friend; impulse is your enemy - John Bogle |
Learn every day, but especially from the experiences of others, it's cheaper! - John Bogle
Re: U.S. stocks continue to soar!
Soaring even higher. Even though Nikkei is languishing.
Though I indulge in it, trying to make predictions from futures is like looking in a fun house mirror and trying to describe reality.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
Nikkei is digging out of the abyss.
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
Re: U.S. stocks continue to soar!
Black Friday is now a worldwide event. So I think US companies will make good money even if the US retail does poorly. That bodes well for the next few days.
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Re: U.S. stocks continue to soar!
You say that as though international companies to not sell products to Americans, or to one another, on Black Friday as well
Crom laughs at your Four Winds
Re: U.S. stocks continue to soar!
This thread is about US stocks, so I was focusing only on those. There are articles saying Black Friday numbers were bad and going by traffic and mall crowds locally, I can believe that. Normally that would not bode well for the market on Monday. But I think given worldwide Black Friday deals (that's a first) I think sales will be stronger than ever.muffins14 wrote: ↑Sun Nov 28, 2021 9:43 pmYou say that as though international companies to not sell products to Americans, or to one another, on Black Friday as well
Re: U.S. stocks continue to soar!
Well, the overnight reality distortion field was turned off, and the soaring was very nice. S&P up more than 1%, NASDAQ leading with even greater gains.
A very green morning
A very green morning
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
Do I smell a taper?
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
Re: U.S. stocks continue to soar!
Definitely a taper down happening
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Re: U.S. stocks continue to soar!
International will always be a black hole for my portfolioMarseille07 wrote: ↑Mon Nov 29, 2021 9:43 amNot complaining, but the premarket gap-up didn't make sense when international went down hard (like Nikkei -1.7%).
- willthrill81
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Re: U.S. stocks continue to soar!
That's still better than what most around here were predicting, which was along the lines of a RBD.
The Sensible Steward
Re: U.S. stocks continue to soar!
With 20/20 hindsight it is hard to call this a taper. More like a little early morning overexuberance followed by a small readjustment.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
Not any more!
Let the soaring continue.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
Re: U.S. stocks continue to soar!
Starting to look like a minor melt-up at the end of the day.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
Happy that I bought the dip on Friday !
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Re: U.S. stocks continue to soar!
I bought the dip this morning on Disney at $146.29, one of my three funny money stocks (the other two being Amazon and Google.) Jim Cramer's investing club did the same thing, coincidentally. He got a better price than I did: 75 shares at $144.82 for his charitable trust.
"Cramer’s Investing Club: We’re looking long term and buying more Disney on the dip"
link
(Now...officially...gonna take a break from all investment related activities e.g. monitoring and messing around with funny money! I was supposed to do that today, but failed miserably.)
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Re: U.S. stocks continue to soar!
Powell has addressed the culprit behind Friday's selloff. Verdict: Buy, buy, buy
Re: U.S. stocks continue to soar!
OK. What did he do?LegendaryMeatball wrote: ↑Mon Nov 29, 2021 6:38 pm Powell has addressed the culprit behind Friday's selloff. Verdict: Buy, buy, buy
Answering a question is easy -- asking the right question is the hard part.
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Re: U.S. stocks continue to soar!
From CNBC:
Fed Chair Jerome Powell believes that the omicron variant of Covid-19 and a recent rise in coronavirus cases pose a threat to the U.S. economy.
Worries over the new variant could “reduce people’s willingness to work in person, which would slow progress in the labor market and intensify supply-chain disruptions,” he said in prepared remarks.
Treasury Secretary Janet Yellen will join Powell on Tuesday in testifying before the Senate Banking Committee on Tuesday.
Perhaps markets will read this as a delayed or prolonged taper, and perhaps pushed the interest rate "liftoff" even further out.
Fed Chair Jerome Powell believes that the omicron variant of Covid-19 and a recent rise in coronavirus cases pose a threat to the U.S. economy.
Worries over the new variant could “reduce people’s willingness to work in person, which would slow progress in the labor market and intensify supply-chain disruptions,” he said in prepared remarks.
Treasury Secretary Janet Yellen will join Powell on Tuesday in testifying before the Senate Banking Committee on Tuesday.
Perhaps markets will read this as a delayed or prolonged taper, and perhaps pushed the interest rate "liftoff" even further out.
Re: U.S. stocks continue to soar!
What's with the seesaw? Futures were up earlier and now they are way down.
If I do some last minute cyber Monday shopping, would that help?
Edit: I just made a purchase for about $65. Between that and lostdog going to the gym, we should be covered for a green close tomorrow.
If I do some last minute cyber Monday shopping, would that help?
Edit: I just made a purchase for about $65. Between that and lostdog going to the gym, we should be covered for a green close tomorrow.
- peskypesky
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Re: U.S. stocks continue to soar!
I doubt that's it. That article was published early yesterday.peskypesky wrote: ↑Tue Nov 30, 2021 1:57 amthis:
https://www.cnbc.com/2021/11/29/moderna ... icron.html
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Re: U.S. stocks continue to soar!
Same song, second verse.Triple digit golfer wrote: ↑Tue Nov 30, 2021 7:19 amI doubt that's it. That article was published early yesterday.peskypesky wrote: ↑Tue Nov 30, 2021 1:57 amthis:
https://www.cnbc.com/2021/11/29/moderna ... icron.html
Cheers
- canadianbacon
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Re: U.S. stocks continue to soar!
The market moves, people make up the reason after. Same as it ever was.Triple digit golfer wrote: ↑Tue Nov 30, 2021 7:19 amI doubt that's it. That article was published early yesterday.peskypesky wrote: ↑Tue Nov 30, 2021 1:57 amthis:
https://www.cnbc.com/2021/11/29/moderna ... icron.html
Bulls make money, bears make money, pigs get slaughtered.
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Re: U.S. stocks continue to soar!
sooo...s&P5000 sooon?LegendaryMeatball wrote: ↑Mon Nov 29, 2021 7:50 pm From CNBC:
Fed Chair Jerome Powell believes that the omicron variant of Covid-19 and a recent rise in coronavirus cases pose a threat to the U.S. economy.
Worries over the new variant could “reduce people’s willingness to work in person, which would slow progress in the labor market and intensify supply-chain disruptions,” he said in prepared remarks.
Treasury Secretary Janet Yellen will join Powell on Tuesday in testifying before the Senate Banking Committee on Tuesday.
Perhaps markets will read this as a delayed or prolonged taper, and perhaps pushed the interest rate "liftoff" even further out.
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Re: U.S. stocks continue to soar!
Agreed. I'm just saying it couldn't be because of news published the day before.canadianbacon wrote: ↑Tue Nov 30, 2021 7:31 amThe market moves, people make up the reason after. Same as it ever was.Triple digit golfer wrote: ↑Tue Nov 30, 2021 7:19 amI doubt that's it. That article was published early yesterday.peskypesky wrote: ↑Tue Nov 30, 2021 1:57 amthis:
https://www.cnbc.com/2021/11/29/moderna ... icron.html
Re: U.S. stocks continue to soar!
A little bit louder and a little bit worse.
A fool and his money are good for business.
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Re: U.S. stocks continue to soar!
Re: U.S. stocks continue to soar!
I want to give full credit to my staff of comedy writers.Silk McCue wrote: ↑Tue Nov 30, 2021 8:02 amI was hoping for that response!
Cheers
A fool and his money are good for business.
Re: U.S. stocks continue to soar!
A good morning for the Curly Family Portfolio -- NASDAQ has started to soar.
The S&P? Well, it tried to soar but went SPLAT on the ground.
The S&P? Well, it tried to soar but went SPLAT on the ground.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
It appears that my ARKK holding has become a pure Covid play fund. I guess it's now a hedge against a Covid induced market crash
- firebirdparts
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Re: U.S. stocks continue to soar!
Looks like gold decided to soar when everything else soured.
This time is the same
Re: U.S. stocks continue to soar!
Everything else? Look at Treasuries. Everyone screaming about inflation but there doesn't seem to be any upward pressure on yields.firebirdparts wrote: ↑Tue Nov 30, 2021 9:25 am Looks like gold decided to soar when everything else soured.
“TE OCCIDERE POSSUNT SED TE EDERE NON POSSUNT NEFAS EST"
Re: U.S. stocks continue to soar!
Holy moneybags, Batman!
The bell rang and the Curly Family Portfolio opened at an all-time high. Wasn't expecting that at all. Might need a bigger screen just to open the electronic brokerage statements.
The bell rang and the Curly Family Portfolio opened at an all-time high. Wasn't expecting that at all. Might need a bigger screen just to open the electronic brokerage statements.
Answering a question is easy -- asking the right question is the hard part.
- peskypesky
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Re: U.S. stocks continue to soar!
I sold all my ARKK and ARKW after several months of holding and watching them just drop in value. Put the money back into the S&P500 index.
I bought into the Cathie Woods hype and regret it.
Re: U.S. stocks continue to soar!
I still have a profit in my shares of ARKK, but it has shrunk so much that I am considering just dumping what gains I have, paying the small taxes, and just investing the proceeds into VTI. I don't really see ARKK doing well in a rising rate environment, but in the long run, it may be a fine fund. But much more uncertainty than just owning VTIpeskypesky wrote: ↑Wed Dec 01, 2021 9:00 amI sold all my ARKK and ARKW after several months of holding and watching them just drop in value. Put the money back into the S&P500 index.
I bought into the Cathie Woods hype and regret it.