U.S. stocks in free fall
Re: U.S. stocks in free fall
It's so frustrating when relevant observations devolve into the set up for a sales pitch. It makes you want to disregard the whole thing. You can pretty much stop reading after the sixth paragraph, if the title intrigues you. In the end, it's inflation fear mongering to push commodities.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Re: U.S. stocks in free fall
Wow, you got all the way to the 6th paragraph?! You're patient.Beensabu wrote: ↑Wed Sep 08, 2021 11:42 pmIt's so frustrating when relevant observations devolve into the set up for a sales pitch. It makes you want to disregard the whole thing. You can pretty much stop reading after the sixth paragraph, if the title intrigues you. In the end, it's inflation fear mongering to push commodities.
When this is the quality of commentary and reasoning, run away, don't walk:
[...]
Today, it is popular to invest in what is popular regardless of valuation. Psychologists say that people seek conformity in order to be liked and comforted. It seems that investors perceive safety in crowds. Such an investment strategy is fraught with downside risk at high valuations after non-repeatable economic growth inflection points.
Jeff Bezos, the wealthiest person in the world today, just retired as CEO of Amazon last month. Like Bill Gates, his timing should prove prescient.
[...]
Re: U.S. stocks in free fall
How disappointing. By the time you’re done reading this garbage you could have contributed a few K more to VTSAX at a discount. Time=wasted.
-TheDDC
Rules to wealth building: 75-80% VTSAX piled high and deep, 20-25% VTIAX, 0% given away to banks.
Re: U.S. stocks in free fall
Never look up on this article’s.I usually just looking at the last paragraphs and it tells all . Sales pitch Garbage. Good luck with reading and overanalysing. See ya at S&P 5000. LBill is it you?
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel
Re: U.S. stocks in free fall
Oh, I read the whole thing. So nobody else has to. LOL.OohLaLa wrote: ↑Thu Sep 09, 2021 12:04 amWow, you got all the way to the 6th paragraph?! You're patient.Beensabu wrote: ↑Wed Sep 08, 2021 11:42 pmIt's so frustrating when relevant observations devolve into the set up for a sales pitch. It makes you want to disregard the whole thing. You can pretty much stop reading after the sixth paragraph, if the title intrigues you. In the end, it's inflation fear mongering to push commodities.
Actually, reading it is a good way to figure out how to identify a sales pitch, if you don't already know how to do that.
1. click-bait hook
2. brief overview of hook
3. transition introducing fear unrelated to hook
4. further exploration of fear
5. keyword of "thing being sold" as solution to fear
6. long, drawn-out, repetitive, and incredibly boring sales pitch
If you figure out how to identify that #1-5 just happened, you can avoid the rest.
If you figure out how to identify that #3 just happened, you can save more time.
If you never click on #1, you win. I'm a clicker. I like reading things, determining the writer's purpose, and judging how well they executed it. This one was pretty clumsy. That's what makes it good for learning how to identify these.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
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Re: U.S. stocks in free fall
ECB starting to taper but they don't want to call it so: https://www.reuters.com/business/financ ... 021-09-08/
Re: U.S. stocks in free fall
Tapering around the world will be to the stock market like a slow leak is to a tire.Marseille07 wrote: ↑Thu Sep 09, 2021 12:53 pm ECB starting to taper but they don't want to call it so: https://www.reuters.com/business/financ ... 021-09-08/
Re: U.S. stocks in free fall
I guess my prediction was correct
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Re: U.S. stocks in free fall
So we're down less than 1% in 4 days and people think we're starting a free fall?
Look at the last year. There have been several downward blips. No one has any idea what's going to happen, but my money is on more all time highs before any corrections.
Look at the last year. There have been several downward blips. No one has any idea what's going to happen, but my money is on more all time highs before any corrections.
Re: U.S. stocks in free fall
Anyone thinking of selling?
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Re: U.S. stocks in free fall
Back to the red
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Re: U.S. stocks in free fall
Every time I look away and glance back at this, I burst into giggles.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
Re: U.S. stocks in free fall
Hold tight guys
Re: U.S. stocks in free fall
Not looking good
Re: U.S. stocks in free fall
Im getting ready to back up the truck. Just changed the oil. Fueling it now and rotating the tires.
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Re: U.S. stocks in free fall
Why down? I thought inflation coming in under expectations would be good news and keep the Feds from tapering.
We plan. G-d laughs.
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Re: U.S. stocks in free fall
Have faith. The market will recover and be at ATH by Friday when my 401K hits.
We plan. G-d laughs.
Re: U.S. stocks in free fall
Mine goes in on Friday too so yeah likely to be another ATHMishkaWorries wrote: ↑Tue Sep 14, 2021 12:18 pmHave faith. The market will recover and be at ATH by Friday when my 401K hits.
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Re: U.S. stocks in free fall
Days like this is where I'm glad I have some LTT exposure in my portfolio, so it's not all red.
Re: U.S. stocks in free fall
Good thing my Contribution Day was this past Friday
Cheer up, if history is any indication for market performance in September/October then you should have future opportunities to DCA.
Wealth is not about having a lot of money; it's about having a lot of options.
Re: U.S. stocks in free fall
It's the newbie investors that hit the panic button whenever there is a red day on Wall Street.Triple digit golfer wrote: ↑Thu Sep 09, 2021 4:54 pm So we're down less than 1% in 4 days and people think we're starting a free fall?
Look at the last year. There have been several downward blips. No one has any idea what's going to happen, but my money is on more all time highs before any corrections.
Wealth is not about having a lot of money; it's about having a lot of options.
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Re: U.S. stocks in free fall
start buying some calls on SPY
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Re: U.S. stocks in free fall
Can anyone explain whats causing this drop. [Expletive removed by admin LadyGeek] I just bought 300k car and wonder if i should cancel and wait for price to drop.
Re: U.S. stocks in free fall
BND is up too. KISS!UpperNwGuy wrote: ↑Tue Sep 14, 2021 2:50 pmYou don't need long-term bonds to keep from being all red. I hold intermediate-term treasuries and intermediate-term corporates, and both are green today.
Re: U.S. stocks in free fall
Are you trolling us now, or do you seriously not read any of the replies you've gotten every other time you ask this question?
No one can easily explain what causes most drops (or rises). There are thousands of changing variables and millions of human beings trading all day long.
The market goes up and down, but in general up.
That's because it's not a closed system. Billions of humans input their work into the system every day, and resources are brought into the system, and it slowly becomes more valuable over time.
But why it went down 0.2% in the last 30 minutes? There's no easy answer. Quit looking for an answer. It doesn't exist, and it doesn't matter.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
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Re: U.S. stocks in free fall
Sure, lots of people can, but just as many are wrong. The market's behavior is a big emergent phenomenon that's impossible (for any human) to fully explain.
I would suggest that you should hold off on expensive consumer goods if you're so hard-up that a barely-perceptible decline makes you freak out.
A useful razor: anyone asking about speculative strategies on Bogleheads.org has no business using them.
Re: U.S. stocks in free fall
You don't seem to have much of a temperament for stocks. Maybe you should go for a more tangible asset like a Bugatti.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
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Re: U.S. stocks in free fall
"The market" is thousands of companies, each with their own set of books, earnings, news, innovation, technology, product lines, etc.
There are millions of people making purchases, selling, trading, etc. on any given day. These people impact "the market."
"The market" doesn't go up or down by itself. "The market" goes up or down based on the weighted average of the movements of its components.
Asking why "the market" went up or down is asking why each of thousands of companies trended the way that they did.
There are millions of people making purchases, selling, trading, etc. on any given day. These people impact "the market."
"The market" doesn't go up or down by itself. "The market" goes up or down based on the weighted average of the movements of its components.
Asking why "the market" went up or down is asking why each of thousands of companies trended the way that they did.
Re: U.S. stocks in free fall
- Doom&Gloom
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Re: U.S. stocks in free fall
Absolutely not! Find a $400,000 car you like and trade your current car in.
Re: U.S. stocks in free fall
Now i feel like a troll. Ill cancel and buy more voo. Im just crazy into cars.
Re: U.S. stocks in free fall
Nice summary!Triple digit golfer wrote: ↑Tue Sep 14, 2021 3:42 pm "The market" is thousands of companies, each with their own set of books, earnings, news, innovation, technology, product lines, etc.
There are millions of people making purchases, selling, trading, etc. on any given day. These people impact "the market."
"The market" doesn't go up or down by itself. "The market" goes up or down based on the weighted average of the movements of its components.
Asking why "the market" went up or down is asking why each of thousands of companies trended the way that they did.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Re: U.S. stocks in free fall
Hard to say why. Market has been hovering around all time highs, pretty normal for markets to correct a bit. Sometimes it seems that the bigger players decide they want a correction and start selling and taking some gains off the top. Inflation news looked encouraging but sometimes for whatever bizarre reasons, markets will sell off on good news. Maybe the institutions independently all decided to rebalance their portfolios today, sort of like everyone in Hong Kong flushing their toilets simultaneously, could be interesting with all those high rise buildings. So I would not read too much into one day's market action. Just noise.MishkaWorries wrote: ↑Tue Sep 14, 2021 12:17 pm Why down? I thought inflation coming in under expectations would be good news and keep the Feds from tapering.
Another encouraging sign. Unless we are in a serious bear market, this thread seems like a good contrary indicator. When this thread pops up, a rally isn't too far away. Somehow, I doubt Cliff Asness uses this and the "Soar" thread as market indicators.
A fool and his money are good for business.
Re: U.S. stocks in free fall
Could it be an early sell off like occurs typically in October every year? (folks say...)
Get ready to buy/do a rebalance if it's a substantial correction!
No one knows nothin'!
Just stay invested w proper asset allocation!
Cheers!
Get ready to buy/do a rebalance if it's a substantial correction!
No one knows nothin'!
Just stay invested w proper asset allocation!
Cheers!
Re: U.S. stocks in free fall
Well so far I'm glad I derisked a bit on Friday but I'm skeptical that this is The End. Still too many publicly unabashed bears and too much worry for this to be the last stand of the bulls before slaughter.
Re: U.S. stocks in free fall
People have been saying something along those lines during every little, and not so little, dip for the last decade.
Eventually, they will be right, and then claim what a genius they are for having predicted it.
Once in a while you get shown the light, in the strangest of places if you look at it right.
Re: U.S. stocks in free fall
Are you sure? I remember there were still a lot of bears at previous market tops.
Strategic Macro Senior (top 1%, 2019 Bogleheads Contest)