newfie
Well-Known Member
market appears to be rebounding today. will you be posting the follow up if its good news?
Jkloc420
Do you need an air compressor or tire gauge
buy, buy, buy the dips
Hmmm. Hard to say. Inflation and interest rate hikes are still coming.
DriveInDriveOut
Inordinately Right
what are you smoking?
If you ask him nice he might share some with you
DriveInDriveOut
Inordinately Right
i dont like pole
Probably not today
DriveInDriveOut
Inordinately Right
Well
Catatonic
Nine Lives
Inflation is my enemy
I'm in a 'dollar-cost average' move out of the market but only 20% out before last week.
I might look at accelerating my sit-out (I am retired) after this excerpt from an e-mail from my adviser.
A battle is brewing between the prospects of a better US economy and strong earnings versus firming inflation trends and a move past peak monetary support. This battle is occurring after one of the most serene periods in market history and a buildup in investor complacency that has made stocks vulnerable to a normal setback. Indeed, the S&P 500’s maximum intra-year pullback of 2.8% in 2017 was the shallowest since 1995. Also, at 400 days, stocks recently surpassed a record period without as much as a 5% pullback. As we discussed in our 2018 outlook, following the 10 calendar years with the shallowest pullbacks, stocks tended to rise the next year but were more volatile.
It does appear inflation trends are firming, supported by low unemployment, a weak dollar, a rebound in commodity prices and fiscal stimulus.
Jkloc420
Do you need an air compressor or tire gauge
the dow is wild today
Catatonic
Nine Lives
It's called volatility.
VIX is up around 30.
Jkloc420
Do you need an air compressor or tire gauge
were at 500 points plus
Catatonic
Nine Lives
Yep ... volatile
I keep the CNBC channel or FOX Business on most of the day.
I've been in the market for over 25 years now (1992) and I don't worry about day-to-day trading especially on low volume.
The last week has ratcheted up my attention a good bit.
Jkloc420
Do you need an air compressor or tire gauge
most of it is computers
Catatonic
Nine Lives
When you say computers ... you mean Institutional Investors and Fund Management and Retirement Fund Management?
Jkloc420
Do you need an air compressor or tire gauge
algorithms, formulas punched into a computer to decided when to buy or sale
Catatonic
Nine Lives
Settling down a little ... VIX dropped below 30 in the 2 o'clock hour.
Catatonic
Nine Lives
I have that on my computer ... you think I am doing this?
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