Just be happy you don't have an allocation heavily tilted toward TIPS and international equities (like I do) because at the moment they are both in the House of Pain. Oh yeah, and my Barrick Gold funny money stock is almost -2%.Visitor76 wrote: ↑Thu Apr 29, 2021 9:38 amAnd the day was looking sunny two hours agoRobot Monster wrote: ↑Thu Apr 29, 2021 9:27 am Pending Home Sales sadly came in below consensus. link
Unsure how much this weighs on anything.
U.S. stocks continue to soar!
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Re: U.S. stocks continue to soar!
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Re: U.S. stocks continue to soar!
I don't know how many saw the Powell Press Conference yesterday, but, as a Bloomberg headline puts it, "Powell Breaks Out the ‘Froth’ Word When Asked About Markets". link
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
Re: U.S. stocks continue to soar!
There are two kinds of investors:
- those who know they can't predict the market
- those who don't know they can't predict the market
- those who know they can't predict the market
- those who don't know they can't predict the market
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Re: U.S. stocks continue to soar!
SPX red...might be time to find the other thread?
Re: U.S. stocks continue to soar!
I think we have all been taught that over the last decade. I am pleased with the 700% gain I am sitting on and not particularly worried about MSFT's future.
Re: U.S. stocks continue to soar!
I think it’s just a suckers dip, FOMO will kick in by end of day and back up we go. “Weighing” is well underway and so far earnings have been strong.
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Re: U.S. stocks continue to soar!
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Re: U.S. stocks continue to soar!
As I have been saying on this forum forever, futures tell us nothing about the direction that the actual market will go the next session.
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Re: U.S. stocks continue to soar!
Not sure I want to read about froth and STDs in the same posting.Robot Monster wrote: ↑Thu Apr 29, 2021 10:50 am I don't know how many saw the Powell Press Conference yesterday, but, as a Bloomberg headline puts it, "Powell Breaks Out the ‘Froth’ Word When Asked About Markets". link
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
"Ignorance more frequently begets confidence than does knowledge" |
“At 50, everyone has the face he deserves”
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Re: U.S. stocks continue to soar!
Right, but aren't you essentially saying prediction isn't necessary to make money? And market timers aren't necessarily predicting, either. For example, if I go all cash on 200-day moving average, I'm just going to safety; I'm not predicting anything.
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Re: U.S. stocks continue to soar!
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Last edited by fatcoffeedrinker on Wed Mar 02, 2022 10:16 am, edited 1 time in total.
Re: U.S. stocks continue to soar!
Well played.goodenyou wrote: ↑Thu Apr 29, 2021 11:34 amNot sure I want to read about froth and STDs in the same posting.Robot Monster wrote: ↑Thu Apr 29, 2021 10:50 am I don't know how many saw the Powell Press Conference yesterday, but, as a Bloomberg headline puts it, "Powell Breaks Out the ‘Froth’ Word When Asked About Markets". link
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
Re: U.S. stocks continue to soar!
Poor small cap
Re: U.S. stocks continue to soar!
I disagree. I think it will go up once it's gone up.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
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Re: U.S. stocks continue to soar!
I laugh everytime I see charts with the Russell 2k and the others together. It's so much more volatile and zig zagging all over the place like a wandering lost child.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
- vanbogle59
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Re: U.S. stocks continue to soar!
You might prefer the discussion of "sticky wage and price behavior" found in Yellen's "a near rational model of the business cycle with wage and price inertia"goodenyou wrote: ↑Thu Apr 29, 2021 11:34 amNot sure I want to read about froth and STDs in the same posting.Robot Monster wrote: ↑Thu Apr 29, 2021 10:50 am I don't know how many saw the Powell Press Conference yesterday, but, as a Bloomberg headline puts it, "Powell Breaks Out the ‘Froth’ Word When Asked About Markets". link
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
Her words. I swear.
Re: U.S. stocks continue to soar!
There's also DIA/DOW 30.jason2459 wrote: ↑Wed Apr 28, 2021 10:18 pmCurlyDave wrote: ↑Wed Apr 28, 2021 10:08 pmWe have been retired since 2007 and living on SS, pensions and withdrawals. Portfolio has increased and is near ATH. I am beginning to believe that 500 stocks is too many and if there were an S&P 100 it would do better.
BKLC is close for an index fund. Around 200 in it's holdings.
BNY Mellon US Large Cap Core Equity ETF and it's 0 fees. No wavers. First ETF to do so.
But if I had to pick 30, I would prefer a different set.
Re: U.S. stocks continue to soar!
I think it's because Apple said they expect to be impacted by chip shortages for their Macs/iPads.
Apple CFO Luca Maestri confirmed that Apple has seen an impact from the chip shortages and will see a sequential decline of approximately $3 to $4 billion revenue in Q3 2021 due to iPad and Mac supply constraints.
https://www.macrumors.com/2021/04/28/ap ... shortages/
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Re: U.S. stocks continue to soar!
Okay, guys. Let's put the Kraken, which I accidentally unleashed, back in its den, and return to the topic at hand...vanbogle59 wrote: ↑Thu Apr 29, 2021 12:30 pmYou might prefer the discussion of "sticky wage and price behavior" found in Yellen's "a near rational model of the business cycle with wage and price inertia"goodenyou wrote: ↑Thu Apr 29, 2021 11:34 amNot sure I want to read about froth and STDs in the same posting.Robot Monster wrote: ↑Thu Apr 29, 2021 10:50 am I don't know how many saw the Powell Press Conference yesterday, but, as a Bloomberg headline puts it, "Powell Breaks Out the ‘Froth’ Word When Asked About Markets". link
So, froth. Not a word you wanna hear the Fed chairman say. It's like talking about STD's on a first date.
Maybe, just maybe, we shouldn't wish for the market to have such a heavy thrust higher. Maybe just a little green, like we're currently seeing, is just what the doctor ordered.
Her words. I swear.
The S&P is soaring nicely, especially against the backdrop of miserable international.
Re: U.S. stocks continue to soar!
That is why I finally pulled the trigger and dumped International a month ago. It had a good run in 2020, but c'est la vie.Robot Monster wrote: ↑Thu Apr 29, 2021 10:41 amJust be happy you don't have an allocation heavily tilted toward TIPS and international equities (like I do) because at the moment they are both in the House of Pain. Oh yeah, and my Barrick Gold funny money stock is almost -2%.Visitor76 wrote: ↑Thu Apr 29, 2021 9:38 amAnd the day was looking sunny two hours agoRobot Monster wrote: ↑Thu Apr 29, 2021 9:27 am Pending Home Sales sadly came in below consensus. link
Unsure how much this weighs on anything.
Wealth is not about having a lot of money; it's about having a lot of options.
Re: U.S. stocks continue to soar!
Good to see....I know I'm in the right place thenStinky wrote: ↑Thu Apr 29, 2021 10:07 amDeep, deep sarcasm.Darkpools wrote: ↑Thu Apr 29, 2021 9:45 amSorry, I'm new... are you being sarcastic or do you actually believe blue skies & calm waters? ThanksStinky wrote: ↑Wed Apr 28, 2021 9:24 pmThe big guns have now all spoken.Hyperchicken wrote: ↑Wed Apr 28, 2021 9:14 pm Futures are green BIG time. S&P at 4,200, NASDAQ at 14,000.
Good earning reports?
Powell. Biden. And Forester.
Nothing but blue skies and calm waters ahead of us.
But, then again, I’m a perma-bull.
(You’ll see more serious thoughts from me when I comment about life insurance and annuity topics, where I actually have some deep knowledge)
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Re: U.S. stocks continue to soar!
4209 right now, no way we're going to miss 4200 today at close.
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Re: U.S. stocks continue to soar!
Nice cup of FOMO brewing right now.
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Re: U.S. stocks continue to soar!
I'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Re: U.S. stocks continue to soar!
Pessimist ! I think it stays up today.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pmI'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Nice ride though.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
What a volatile day.
Re: U.S. stocks continue to soar!
What do you guys tend to look at to get your blow-by-blows of the market?
I don't bother to have stocker tickers running in the middle of the day.
I don't bother to have stocker tickers running in the middle of the day.
Global stocks, IG/HY bonds, gold & digital assets at market weights 75% / 19% / 6% || LMP: TIPS ladder
Re: U.S. stocks continue to soar!
Market Watch app on the iPhone.
That app also shows me all their (trash) financial articles and headlines of the day.
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!
koyfin.com recently or finviz.com
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
Re: U.S. stocks continue to soar!
Oh the FOMO.... what a terrible thing... up we go.
Re: U.S. stocks continue to soar!
Thanks.
Although all I really care about is bond yields.
Global stocks, IG/HY bonds, gold & digital assets at market weights 75% / 19% / 6% || LMP: TIPS ladder
Re: U.S. stocks continue to soar!
koyfin.com then. It tracks all kinds of securities, commodities, and currencies globally.
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
Re: U.S. stocks continue to soar!
Yes, I see, thanks.
Global stocks, IG/HY bonds, gold & digital assets at market weights 75% / 19% / 6% || LMP: TIPS ladder
Re: U.S. stocks continue to soar!
Closed at 4211.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pmI'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Double or nothing for Friday?
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
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Re: U.S. stocks continue to soar!
Sure - two Bogle dollars that the market finishes below 4200 tomorrow. Fridays lately have been up days, so I am predicting a Friday mean reversion. Too many up Fridays lately.Stinky wrote: ↑Thu Apr 29, 2021 3:23 pmClosed at 4211.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pmI'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Double or nothing for Friday?
Or the opposite - momentum will keep going, "FOMO Fridays" will continue and it will finish above 4220.
Or - international outperforms the S&P 500 by 0.50% or more tomorrow. We'll use VOO and VXUS for simplicity.
I'll take any bet. They're just Bogle dollars, after all, and nobody knows nothin'.
Re: U.S. stocks continue to soar!
The real money is in Boglecoins.Triple digit golfer wrote: ↑Thu Apr 29, 2021 3:33 pmSure - two Bogle dollars that the market finishes below 4200 tomorrow. Fridays lately have been up days, so I am predicting a Friday mean reversion. Too many up Fridays lately.Stinky wrote: ↑Thu Apr 29, 2021 3:23 pmClosed at 4211.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pmI'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Double or nothing for Friday?
Or the opposite - momentum will keep going, "FOMO Fridays" will continue and it will finish above 4220.
Or - international outperforms the S&P 500 by 0.50% or more tomorrow. We'll use VOO and VXUS for simplicity.
I'll take any bet. They're just Bogle dollars, after all, and nobody knows nothin'.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Re: U.S. stocks continue to soar!
Up 33bps today. Not bad. I expected to be up 100bps. Looks like AMZN has good earnings. That's a plus since I've owned it since March 2020.
Lots of selling this morning, so that folks can afford to book their Disney Wish cruise.
Re: U.S. stocks continue to soar!
300 pages of U.S. stocks continuing to soar - I'll drink to that!
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman
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Re: U.S. stocks continue to soar!
Seems like the basic currency should be Boglebucks.HomerJ wrote: ↑Thu Apr 29, 2021 3:34 pmThe real money is in Boglecoins.Triple digit golfer wrote: ↑Thu Apr 29, 2021 3:33 pmSure - two Bogle dollars that the market finishes below 4200 tomorrow. Fridays lately have been up days, so I am predicting a Friday mean reversion. Too many up Fridays lately.Stinky wrote: ↑Thu Apr 29, 2021 3:23 pmClosed at 4211.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pmI'll bet you a Bogle dollar that it closes below 4200.Marseille07 wrote: ↑Thu Apr 29, 2021 1:41 pm 4209 right now, no way we're going to miss 4200 today at close.
Double or nothing for Friday?
Or the opposite - momentum will keep going, "FOMO Fridays" will continue and it will finish above 4220.
Or - international outperforms the S&P 500 by 0.50% or more tomorrow. We'll use VOO and VXUS for simplicity.
I'll take any bet. They're just Bogle dollars, after all, and nobody knows nothin'.
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Re: U.S. stocks continue to soar!
I am at the gas station filling up my truck! I also added new spark plugs!
Tony
Tony
John C. Bogle: “Simplicity is the master key to financial success."
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Re: U.S. stocks continue to soar!
Iridium!?
Make sure you check out my list of certifications. The list is short, and there aren't any. - Eric 0. from SMA
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Re: U.S. stocks continue to soar!
John C. Bogle: “Simplicity is the master key to financial success."
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Re: U.S. stocks continue to soar!
Bogle whatever you want it to be. Just as long as it's a U.S. based currency.Doom&Gloom wrote: ↑Thu Apr 29, 2021 4:10 pmSeems like the basic currency should be Boglebucks.HomerJ wrote: ↑Thu Apr 29, 2021 3:34 pmThe real money is in Boglecoins.Triple digit golfer wrote: ↑Thu Apr 29, 2021 3:33 pmSure - two Bogle dollars that the market finishes below 4200 tomorrow. Fridays lately have been up days, so I am predicting a Friday mean reversion. Too many up Fridays lately.Stinky wrote: ↑Thu Apr 29, 2021 3:23 pmClosed at 4211.Triple digit golfer wrote: ↑Thu Apr 29, 2021 1:44 pm
I'll bet you a Bogle dollar that it closes below 4200.
Double or nothing for Friday?
Or the opposite - momentum will keep going, "FOMO Fridays" will continue and it will finish above 4220.
Or - international outperforms the S&P 500 by 0.50% or more tomorrow. We'll use VOO and VXUS for simplicity.
I'll take any bet. They're just Bogle dollars, after all, and nobody knows nothin'.
Re: U.S. stocks continue to soar!
Some of us have a special place in our heart for that wandering lost child
Re: U.S. stocks continue to soar!
Here's to a soaring month!
SP500 up 5.25%
Nasdaq up 6.82%
Dow up 2.05%
And even the R2k up 4.92%
SP500 up 5.25%
Nasdaq up 6.82%
Dow up 2.05%
And even the R2k up 4.92%
"In the short run, the stock market is a voting machine; in the long run, it is a weighing machine" ~Benjamin Graham
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Re: U.S. stocks continue to soar!
sell in May started early, it's still Apr 30
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