U.S. stocks in free fall

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
Da5id
Posts: 5058
Joined: Fri Feb 26, 2016 7:20 am

Re: U.S. stocks in free fall

Post by Da5id »

Eddie Murphy explains it all perfectly https://www.youtube.com/watch?v=uI4fVgVVpiw. Pork bellies, stocks, same story. Sell sell sell.
User avatar
sergeant
Posts: 1849
Joined: Tue Dec 04, 2007 10:13 pm
Location: The Golden State

Re: U.S. stocks in free fall

Post by sergeant »

Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
To make you feel better, I lumped about 75k in on Friday. Another 50k being added today. Will do another 50k whenever we have drops like today. RBD's give me something to do. I don't think they move the needle much but tossing some excess funds into equities feels good.
For the ashes of his fathers, And the temples of his gods. | Pensions= 2X yearly expenses. Portfolio= 40X yearly expenses.
yules
Posts: 636
Joined: Wed Nov 27, 2019 9:31 am

Re: U.S. stocks in free fall

Post by yules »

sergeant wrote: Mon Jul 19, 2021 1:05 pm tossing some excess funds into equities feels good.
"If it makes you happy, it can't be that bad."
-- Sheryl Crow
MichaelAZ
Posts: 35
Joined: Tue Jun 08, 2021 10:49 pm

Re: U.S. stocks in free fall

Post by MichaelAZ »

mtmingus wrote: Mon Jul 19, 2021 12:43 pm
Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
I did buy some (not lump sum) on Friday last week. Now you feel better.
After maxing retirement accounts past 4 years, finally got to the point where I was ready to start a taxable brokerage with excess cash (had been watching the cash build and build and finally had the courage to do something with it; got a $20K inheritance last month). Started that account w/ $25K last Tuesday. 62% Total US Stock VTI, 15% Total Int VXUS, and 23% Total Bond BND. Down 2.2% overall on my $25K investment. I sold $500 of BND today and bought VTI and VXUS just to make myself feel better (BND now at 20% of taxable brokerage). :P Taxable brokerage only represents 2.7% of my overall net worth, but "feels" different because it's not "locked" away in retirement accounts (I'm late 30s). I have no temptation to sell stock. The temptation is to sell even more BND and buy VTI. I will resist and stay the course.
User avatar
Candor
Posts: 1286
Joined: Sat May 28, 2011 4:25 pm

Re: U.S. stocks in free fall

Post by Candor »

count damoney wrote: Mon Jul 19, 2021 12:59 pm
Candor wrote: Mon Jul 19, 2021 12:42 pm A certain Tom Petty song is right on the tip of my tongue but I just can't quite recall it. :D
Even The Losers??
Good choice but that's not the one.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
User avatar
Candor
Posts: 1286
Joined: Sat May 28, 2011 4:25 pm

Re: U.S. stocks in free fall

Post by Candor »

Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
Unwinder
Posts: 15
Joined: Sun May 24, 2020 9:54 am
Location: Gulf Breeze

Re: U.S. stocks in free fall

Post by Unwinder »

Da5id wrote: Mon Jul 19, 2021 1:02 pm Eddie Murphy explains it all perfectly https://www.youtube.com/watch?v=uI4fVgVVpiw. Pork bellies, stocks, same story. Sell sell sell.
Yep, pretty much! 😂
leemalk
Posts: 15
Joined: Sun Dec 03, 2017 2:29 pm

Re: U.S. stocks in free fall

Post by leemalk »

As I type this, the S&P 500 is now at a level not seen since.....June 23, 2021.
tomsense76
Posts: 1428
Joined: Wed Oct 14, 2020 1:52 am

Re: U.S. stocks in free fall

Post by tomsense76 »

Kind of interesting read...

https://www.nasdaq.com/articles/volatil ... 2021-07-19

Not that I plan to do anything about it, but it is one perspective on what is going on.
"Anyone who claims to understand quantum theory is either lying or crazy" -- Richard Feynman
anoop
Posts: 3909
Joined: Tue Mar 04, 2014 12:33 am

Re: U.S. stocks in free fall

Post by anoop »

Candor wrote: Mon Jul 19, 2021 1:20 pm Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
I thought forester was bearish.
staustin
Posts: 456
Joined: Mon Mar 14, 2011 9:36 am

Re: U.S. stocks in free fall

Post by staustin »

leemalk wrote: Mon Jul 19, 2021 1:28 pm As I type this, the S&P 500 is now at a level not seen since.....June 23, 2021.
yet, yellow lights continue to flash brightly. the Shiller P/E ratio, which compares the price of the S&P 500 to the average inflation-adjusted earnings over the previous 10 years, currently sits at 38. Non adjusted it's north of 45. Prior to this time, the Shiller P/E has only exceeded 35 once in history: right before the dot-com bubble popped and the market crashed in 2000. perhaps market fundamentals no longer matter. time will tell.
User avatar
Candor
Posts: 1286
Joined: Sat May 28, 2011 4:25 pm

Re: U.S. stocks in free fall

Post by Candor »

anoop wrote: Mon Jul 19, 2021 1:35 pm
Candor wrote: Mon Jul 19, 2021 1:20 pm Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
I thought forester was bearish.
Well, true to form he did state that there will be a liquidity crisis soon after so all is not lost.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
adamthesmythe
Posts: 5761
Joined: Mon Sep 22, 2014 4:47 pm

Re: U.S. stocks in free fall

Post by adamthesmythe »

The news says this is because of the delta variant. But it's not like this variant appeared over the weekend. Is the idea that some big chunk of the market discovered it over the weekend?

I think all sellers should be required to enter a reason why they are selling when they submit the order. Then we might know.

The "market" is weird.
Visitor76
Posts: 326
Joined: Tue Mar 17, 2020 7:08 am

Re: U.S. stocks in free fall

Post by Visitor76 »

adamthesmythe wrote: Mon Jul 19, 2021 1:41 pm The news says this is because of the delta variant. But it's not like this variant appeared over the weekend. Is the idea that some big chunk of the market discovered it over the weekend?

I think all sellers should be required to enter a reason why they are selling when they submit the order. Then we might know.

The "market" is weird.
That's an excellent idea. Would give a clearer picture as to the "why" of a sell-off.
Wealth is not about having a lot of money; it's about having a lot of options.
anoop
Posts: 3909
Joined: Tue Mar 04, 2014 12:33 am

Re: U.S. stocks in free fall

Post by anoop »

there's something going on in the bond market that i don't understand. if anyone does, please share.
Marseille07
Posts: 16054
Joined: Fri Nov 06, 2020 12:41 pm

Re: U.S. stocks in free fall

Post by Marseille07 »

anoop wrote: Mon Jul 19, 2021 1:51 pm there's something going on in the bond market that i don't understand. if anyone does, please share.
People just buying bonds like crazy, regardless of inflation concerns. Risk-off.
Ajcorpus
Posts: 120
Joined: Fri Sep 25, 2020 2:41 pm

Re: U.S. stocks in free fall

Post by Ajcorpus »

Nooooooooooooooooo, now that that’s out.

I bought some more sp500 today !
dan7800
Posts: 390
Joined: Wed Apr 07, 2021 5:49 am

Re: U.S. stocks in free fall

Post by dan7800 »

It's days like this that remind us why bonds are good.
Robot Monster
Posts: 4215
Joined: Sun May 05, 2019 11:23 am

Re: U.S. stocks in free fall

Post by Robot Monster »

Ever since I sold out my funny money Disney stock allocation I regretted it. link I was going to bite the bullet and buy back in at a higher price, but felt too foolish doing so. Today, Disney dipped a little past the point I sold it, so I bought back in.

This time...gonna hang on to my Disney with steel claws.

Edit: Note to self, on July 12th the headline was, "JPMorgan reiterates Disney as a top pick, says stock can jump 24% as theme parks, movies bounce back".
Last edited by Robot Monster on Tue Jul 20, 2021 7:23 am, edited 1 time in total.
investor4life
Posts: 525
Joined: Fri Oct 08, 2010 9:45 am

Re: U.S. stocks in free fall

Post by investor4life »

Just clicked on a buy order for some more VTSAX (holding antacid in other hand :D )

Days like this it feels good to have a bunch of bond funds, too. The last few months have been FOMO watching equities go up, up, and up.
anoop
Posts: 3909
Joined: Tue Mar 04, 2014 12:33 am

Re: U.S. stocks in free fall

Post by anoop »

Marseille07 wrote: Mon Jul 19, 2021 1:53 pm
anoop wrote: Mon Jul 19, 2021 1:51 pm there's something going on in the bond market that i don't understand. if anyone does, please share.
People just buying bonds like crazy, regardless of inflation concerns. Risk-off.
what's the underlying reason? an almost 10% drop in the 10y yield with no announcements from the fed or treasury?
Marseille07
Posts: 16054
Joined: Fri Nov 06, 2020 12:41 pm

Re: U.S. stocks in free fall

Post by Marseille07 »

anoop wrote: Mon Jul 19, 2021 2:21 pm
Marseille07 wrote: Mon Jul 19, 2021 1:53 pm
anoop wrote: Mon Jul 19, 2021 1:51 pm there's something going on in the bond market that i don't understand. if anyone does, please share.
People just buying bonds like crazy, regardless of inflation concerns. Risk-off.
what's the underlying reason? an almost 10% drop in the 10y yield with no announcements from the fed or treasury?
The yield dropping is an outcome of people buying up bonds...not the cause. Basically they're selling equities and buying bonds today, risk off.
anoop
Posts: 3909
Joined: Tue Mar 04, 2014 12:33 am

Re: U.S. stocks in free fall

Post by anoop »

Marseille07 wrote: Mon Jul 19, 2021 2:23 pm
anoop wrote: Mon Jul 19, 2021 2:21 pm
Marseille07 wrote: Mon Jul 19, 2021 1:53 pm
anoop wrote: Mon Jul 19, 2021 1:51 pm there's something going on in the bond market that i don't understand. if anyone does, please share.
People just buying bonds like crazy, regardless of inflation concerns. Risk-off.
what's the underlying reason? an almost 10% drop in the 10y yield with no announcements from the fed or treasury?
The yield dropping is an outcome of people buying up bonds...not the cause. Basically they're selling equities and buying bonds today, risk off.
why not move to cash? why does it have to be the long bond? there's hardly a move at the short end.
Marseille07
Posts: 16054
Joined: Fri Nov 06, 2020 12:41 pm

Re: U.S. stocks in free fall

Post by Marseille07 »

anoop wrote: Mon Jul 19, 2021 2:26 pm why not move to cash? why does it have to be the long bond? there's hardly a move at the short end.
I can't explain their decisions. Just saying risk off is what's happening today.
User avatar
Toons
Posts: 14459
Joined: Fri Nov 21, 2008 9:20 am
Location: Hills of Tennessee

Re: U.S. stocks in free fall

Post by Toons »

The Dow drops 900 points
The best one day buying opportunity
Point wise since October

:mrgreen: :mrgreen: :moneybag :moneybag
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee
UpperNwGuy
Posts: 9446
Joined: Sun Oct 08, 2017 7:16 pm

Re: U.S. stocks in free fall

Post by UpperNwGuy »

anoop wrote: Mon Jul 19, 2021 2:26 pm
Marseille07 wrote: Mon Jul 19, 2021 2:23 pm
anoop wrote: Mon Jul 19, 2021 2:21 pm
Marseille07 wrote: Mon Jul 19, 2021 1:53 pm
anoop wrote: Mon Jul 19, 2021 1:51 pm there's something going on in the bond market that i don't understand. if anyone does, please share.
People just buying bonds like crazy, regardless of inflation concerns. Risk-off.
what's the underlying reason? an almost 10% drop in the 10y yield with no announcements from the fed or treasury?
The yield dropping is an outcome of people buying up bonds...not the cause. Basically they're selling equities and buying bonds today, risk off.
why not move to cash? why does it have to be the long bond? there's hardly a move at the short end.
Because cash is just money sitting on the sidelines. Long bonds are out on the playing field.
User avatar
Doom&Gloom
Posts: 5398
Joined: Thu May 08, 2014 3:36 pm

Re: U.S. stocks in free fall

Post by Doom&Gloom »

Marseille07 wrote: Mon Jul 19, 2021 12:37 pm Worry not. US markets shaken but we have ex-US.
"Shaken. Not stirred."
--Bonds. James Bonds.
Robot Monster
Posts: 4215
Joined: Sun May 05, 2019 11:23 am

Re: U.S. stocks in free fall

Post by Robot Monster »

UpperNwGuy wrote: Mon Jul 19, 2021 2:30 pm Because cash is just money sitting on the sidelines. Long bonds are out on the playing field.
Cash is in the playing field, otherwise it wouldn't be getting crushed in the inflation game. :wink:
User avatar
ResearchMed
Posts: 16767
Joined: Fri Dec 26, 2008 10:25 pm

Re: U.S. stocks in free fall

Post by ResearchMed »

Doom&Gloom wrote: Mon Jul 19, 2021 2:32 pm
Marseille07 wrote: Mon Jul 19, 2021 12:37 pm Worry not. US markets shaken but we have ex-US.
"Shaken. Not stirred."
--Bonds. James Bonds.
:D

RM
This signature is a placebo. You are in the control group.
Broken Man 1999
Posts: 8620
Joined: Wed Apr 08, 2015 11:31 am
Location: West coast of Florida, near Champa Bay !

Re: U.S. stocks in free fall

Post by Broken Man 1999 »

Visitor76 wrote: Mon Jul 19, 2021 1:47 pm
adamthesmythe wrote: Mon Jul 19, 2021 1:41 pm The news says this is because of the delta variant. But it's not like this variant appeared over the weekend. Is the idea that some big chunk of the market discovered it over the weekend?

I think all sellers should be required to enter a reason why they are selling when they submit the order. Then we might know.

The "market" is weird.
That's an excellent idea. Would give a clearer picture as to the "why" of a sell-off.
What would it matter? There is someone on the other side of every trade who must be bullish, right?

Broken Man 1999
“If I cannot drink Bourbon and smoke cigars in Heaven then I shall not go." - Mark Twain
GP813
Posts: 1231
Joined: Wed Dec 11, 2019 9:11 am

Re: U.S. stocks in free fall

Post by GP813 »

S&P 500 closed much stronger than the lows of the day.
hi_there
Posts: 1182
Joined: Sat Aug 29, 2020 7:00 pm

Re: U.S. stocks in free fall

Post by hi_there »

With regards to today's decline in equity prices, here is what I think is quite an astute commentary regarding market volatility as it related to hedging of large option positions. Although I don't think that technical factors drive the stock market in the long run, delta hedging, systematic/vol control strategies, or rebalancing have potential to be significant short term volatility factors.

https://spotgamma.com/the-unclenching-o ... ck-market/
User avatar
mrspock
Posts: 2157
Joined: Tue Feb 13, 2018 1:49 am
Location: Vulcan

Re: U.S. stocks in free fall

Post by mrspock »

I see days like this and I can only remember how naive I was in my younger investing years. These days I just laugh. Cue the 400 pt day in a few days to a week, followed by some noise to get back to even a couple weeks after that and new ATHs again after.

Stop reading this thread and go water some plants.
Visitor76
Posts: 326
Joined: Tue Mar 17, 2020 7:08 am

Re: U.S. stocks in free fall

Post by Visitor76 »

Broken Man 1999 wrote: Mon Jul 19, 2021 2:59 pm
Visitor76 wrote: Mon Jul 19, 2021 1:47 pm
adamthesmythe wrote: Mon Jul 19, 2021 1:41 pm The news says this is because of the delta variant. But it's not like this variant appeared over the weekend. Is the idea that some big chunk of the market discovered it over the weekend?

I think all sellers should be required to enter a reason why they are selling when they submit the order. Then we might know.

The "market" is weird.
That's an excellent idea. Would give a clearer picture as to the "why" of a sell-off.
What would it matter? There is someone on the other side of every trade who must be bullish, right?

Broken Man 1999
Yes, but bullish trader needs to know if it is worth buying the dip now or waiting.
Wealth is not about having a lot of money; it's about having a lot of options.
User avatar
Yesterdaysnews
Posts: 964
Joined: Sun Sep 14, 2014 1:25 pm
Location: Sugar Land, TX

Re: U.S. stocks in free fall

Post by Yesterdaysnews »

Ouch! Tough day… but my gut tells me dip buyers will start jumping in soon.
lostdog
Posts: 5361
Joined: Thu Feb 04, 2016 1:15 pm

Re: U.S. stocks in free fall

Post by lostdog »

mikejuss wrote: Mon Jul 19, 2021 12:09 pm
HomerJ wrote: Mon Jul 19, 2021 12:05 pm
Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
I think a fuller quotation from that immortal theme song is in order today. Here goes:

"You take the good, you take the bad,
You take them both, and there you have
The facts of life, the facts of life."
Good show!
Stocks-80% || Bonds-20% || VTI/VXUS/AOR
lostdog
Posts: 5361
Joined: Thu Feb 04, 2016 1:15 pm

Re: U.S. stocks in free fall

Post by lostdog »

Triple digit golfer wrote: Mon Jul 19, 2021 12:14 pm
HomerJ wrote: Mon Jul 19, 2021 12:05 pm
Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
Hah, didn't even think of that when I typed it.

Diff'rent strokes for diff'rent folks, I guess.
You hit a double whammy. The Facts of Life show is a spin off of the Different Strokes show. Both are good. :sharebeer
Stocks-80% || Bonds-20% || VTI/VXUS/AOR
lostdog
Posts: 5361
Joined: Thu Feb 04, 2016 1:15 pm

Re: U.S. stocks in free fall

Post by lostdog »

Candor wrote: Mon Jul 19, 2021 1:20 pm Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
:oops: ahhh!
Stocks-80% || Bonds-20% || VTI/VXUS/AOR
BogleFan510
Posts: 1039
Joined: Tue Aug 04, 2020 2:13 pm

Re: U.S. stocks in free fall

Post by BogleFan510 »

400k In today at 11am. Time will tell.
Broken Man 1999
Posts: 8620
Joined: Wed Apr 08, 2015 11:31 am
Location: West coast of Florida, near Champa Bay !

Re: U.S. stocks in free fall

Post by Broken Man 1999 »

lostdog wrote: Mon Jul 19, 2021 4:03 pm
Candor wrote: Mon Jul 19, 2021 1:20 pm Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
:oops: ahhh!
No worries!

If Forester is correct, my bond funds will make me happy. If he is wrong, my equity funds will make me happy!

A balanced portfolio is a happy portfolio.

Broken Man 1999
“If I cannot drink Bourbon and smoke cigars in Heaven then I shall not go." - Mark Twain
pasadena
Posts: 2336
Joined: Sat Jul 02, 2016 1:23 am
Location: PNW

Re: U.S. stocks in free fall

Post by pasadena »

lostdog wrote: Mon Jul 19, 2021 4:03 pm
Candor wrote: Mon Jul 19, 2021 1:20 pm Forester just stated that we need to buy the dip and we will be rewarded with new highs. Now I'm really worried. This could be bad!
:oops: ahhh!
Yeah, but he also said it would the last time!
User avatar
canadianbacon
Posts: 676
Joined: Sun Nov 10, 2019 9:04 pm

Re: U.S. stocks in free fall

Post by canadianbacon »

Bonds and USDCAD to the rescue.
Bulls make money, bears make money, pigs get slaughtered.
minesweep
Posts: 1667
Joined: Fri Mar 02, 2007 8:17 pm
Location: 27,000 light years from the Galactic Center of the Milky Way Galaxy (the suburbs)

Re: U.S. stocks in free fall

Post by minesweep »

mikejuss wrote: Mon Jul 19, 2021 12:09 pm
HomerJ wrote: Mon Jul 19, 2021 12:05 pm
Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
I think a fuller quotation from that immortal theme song is in order today. Here goes:

"You take the good, you take the bad,
You take them both, and there you have
The facts of life, the facts of life."
From the closing theme song:
You got the future in the palm of your hand.
All you gotta do to get you through is understand.
and follow the Boglehead Investment Philosophy.
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
Zeno
Posts: 1042
Joined: Wed Sep 12, 2018 10:44 am

Re: U.S. stocks in free fall

Post by Zeno »

Just back from wade fishing the North Platte

Did I miss something, and even if I did, should I care?

Have our plan and our AA

Another day in the markets, and I am so glad I am in it
User avatar
Bluce
Posts: 1182
Joined: Tue May 10, 2011 11:01 pm
Location: Finger Lakes, NYS

Re: U.S. stocks in free fall

Post by Bluce »

MichaelAZ wrote: Mon Jul 19, 2021 1:07 pm
mtmingus wrote: Mon Jul 19, 2021 12:43 pm
Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
I did buy some (not lump sum) on Friday last week. Now you feel better.
After maxing retirement accounts past 4 years, finally got to the point where I was ready to start a taxable brokerage with excess cash (had been watching the cash build and build and finally had the courage to do something with it; got a $20K inheritance last month). Started that account w/ $25K last Tuesday. 62% Total US Stock VTI, 15% Total Int VXUS, and 23% Total Bond BND. Down 2.2% overall on my $25K investment. I sold $500 of BND today and bought VTI and VXUS just to make myself feel better (BND now at 20% of taxable brokerage). :P Taxable brokerage only represents 2.7% of my overall net worth, but "feels" different because it's not "locked" away in retirement accounts (I'm late 30s). I have no temptation to sell stock. The temptation is to sell even more BND and buy VTI. I will resist and stay the course.
Do the holdings in your new account, lumped in with your tax-deferred accounts, meet your selected overall asset allocation?
"There are no new ideas, only forgotten ones." -- Amity Shlaes
pasadena
Posts: 2336
Joined: Sat Jul 02, 2016 1:23 am
Location: PNW

Re: U.S. stocks in free fall

Post by pasadena »

So I have sinned today (*) - ended up market timing a bit, selling $10k of VBTLX to buy $5k each of VTSAX and VTIAX. End result after the prices updated? My portfolio is close to perfectly balanced. I have skills, people :D

(*) Of course I'm going to regret it. Please don't rain on my parade today.
hi_there
Posts: 1182
Joined: Sat Aug 29, 2020 7:00 pm

Re: U.S. stocks in free fall

Post by hi_there »

Broken Man 1999 wrote: Mon Jul 19, 2021 2:59 pm
Visitor76 wrote: Mon Jul 19, 2021 1:47 pm
adamthesmythe wrote: Mon Jul 19, 2021 1:41 pm The news says this is because of the delta variant. But it's not like this variant appeared over the weekend. Is the idea that some big chunk of the market discovered it over the weekend?

I think all sellers should be required to enter a reason why they are selling when they submit the order. Then we might know.

The "market" is weird.
That's an excellent idea. Would give a clearer picture as to the "why" of a sell-off.
What would it matter? There is someone on the other side of every trade who must be bullish, right?

Broken Man 1999
Decline in stock market isn't always initiated by overwhelming selling flows. Imagine some bad economic news is released, causing all buyers to lower their bids by 10%. Price discovery is a two way process.
User avatar
OohLaLa
Posts: 459
Joined: Tue Mar 09, 2021 7:26 pm

Re: U.S. stocks in free fall

Post by OohLaLa »

pasadena wrote: Mon Jul 19, 2021 5:23 pm So I have sinned today (*) - ended up market timing a bit, selling $10k of VBTLX to buy $5k each of VTSAX and VTIAX. End result after the prices updated? My portfolio is close to perfectly balanced. I have skills, people :D

(*) Of course I'm going to regret it. Please don't rain on my parade today.
Alright, just don't do it again and that will be 10 Hail Bogles... Off you go, now. :mrgreen:
MishkaWorries
Posts: 1357
Joined: Wed Aug 14, 2019 4:39 pm

Re: U.S. stocks in free fall

Post by MishkaWorries »

Spy hit the 50 day moving average and bounced up and then finished on strength. I'm a buyer today.

Joking. I moved money from BND to SPY and VXUS on my planned schedule to compensate for new contribution to my SV fund that hit Friday.

It was good and also scary to make a purchase when the market wasn't at ATHs. So I hate it when the market drops and I hate it when the market rises! TINA baby.
We plan. G-d laughs.
lazynovice
Posts: 3345
Joined: Mon Apr 16, 2012 10:48 pm
Location: Denver area. Former Texan.

Re: U.S. stocks in free fall

Post by lazynovice »

pasadena wrote: Mon Jul 19, 2021 5:23 pm So I have sinned today (*) - ended up market timing a bit, selling $10k of VBTLX to buy $5k each of VTSAX and VTIAX. End result after the prices updated? My portfolio is close to perfectly balanced. I have skills, people :D

(*) Of course I'm going to regret it. Please don't rain on my parade today.
This is market timing? Sounds like good timing on rebalancing to me.
Locked