Oh yeah, I remember the B of A buyout too. Pretty funny eh? Remember B of A whining about the government "forcing" them to buy Merrill? Oh the pain...
Merrill has been stacking dough for B of A ever since -
I think it depends how earnings do. If earnings are decent we will stay at this level in the 2130's and higher. If earnings disappoint then we will likely see a correction or in the very least be in a trading range. Which one is more likely? Who knows?
OK. Again, looks like you are safe.
About divie stocks, they have had a good run YTD. Some ETFs like Schwab's SCHD report a 10% gain YTD, like your portfolio.
Didn't Farma and French show that small-cap value stocks outperform over long periods?
Of course small-cap values do not do that every year. My point was that no segments outperform all the time.
Looks like all 3 major indices will be at new highs today, or in the near future. It's been an interesting ride, so far this year!
PSA: S&P500 traded at over 2200 overnight. I recall some folks were saying they would take action at 2200 or other were bets made, but I forget the details.
Back when I did my original Wheee!!! post, in 2007, the Dow had just risen past 14,000 and that was a record high.
I'm just watching CAPE10 climb up steeply as company earnings haven't been keeping up with equity prices.PSA: S&P500 traded at over 2200 overnight. I recall some folks were saying they would take action at 2200 or other were bets made, but I forget the details.
Wow! That's lovely that the market is doing so well. S&P 2202, Dow 19,001.
Back when I did my original Wheee!!! post, in 2007, the Dow had just risen past 14,000 and that was a record high. Now, we would all be crestfallen if the market fell down to that level.
And look what happened!!
What's the fun in that!OK, so I suggest you wait until Dow 21,000 this time!
Blue shirt looks happy like me. Yellow shirt looks kind of bored, though, probably dreading the inevitable drop.Great contrast: Blue shirt vs. Yellow shirt reaction.