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Old 11-12-2023, 04:40 PM   #1
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S&P 500 Discussion

From today's WSJ

Quote:
A lightning-fast rebound has driven the S&P 500 up in nine of the past 10 sessions and 7.2% over the past two weeks, the best such stretch of the year.
With bonds and CDs stealing the show these days, it looks like our old friend, the S&P 500 wants some attention. I haven't been putting new outside money into it, but I have been reinvesting dividends. Never a dull moment in the financial markets. We'll see what happens.
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Old 11-12-2023, 05:20 PM   #2
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Your post reminded me of the graphic on last week's The Economist cover:


Yes. We'll just have to wait and see.
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Old 11-12-2023, 05:35 PM   #3
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I don't understand the need to discuss the returns of any investment over a 2 week period.

I'd call it noise, but it doesn't even qualify as that.
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Old 11-13-2023, 05:32 AM   #4
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The so called "lightening fast rebound" just validates the importance staying put in the market as opposed to trying to time it.
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Old 11-13-2023, 05:48 AM   #5
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It did break the 3 month downtrend. No predictions.
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Old 11-13-2023, 06:55 AM   #6
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Quote:
Originally Posted by Chuckanut View Post
From today's WSJ



With bonds and CDs stealing the show these days, it looks like our old friend, the S&P 500 wants some attention. I haven't been putting new outside money into it, but I have been reinvesting dividends. Never a dull moment in the financial markets. We'll see what happens.
It's an early warning indicator of Santa's Revival coming back to town?

Definitely not noise. Sounds more like a distant jingling of bells that's getting louder.

But seriously, it appears decent for the growth companies. https://finviz.com/map.ashx?t=sec&st=w4
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Old 11-13-2023, 09:13 AM   #7
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The so called "lightening fast rebound" just validates the importance staying put in the market as opposed to trying to time it.
Not only staying put in the market, but to not chase any one daily high performer, for another one will certainly replace the first as the high performer. Hindsight is not a plan.

I don't know of any emoji to use of a dog chasing its tail.
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Old 11-13-2023, 09:54 AM   #8
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Originally Posted by frayne View Post
The so called "lightning fast rebound" just validates the importance of staying put in the market as opposed to trying to time it.
+1
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Old 12-02-2023, 07:42 PM   #9
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It's an early warning indicator of Santa's Revival coming back to town?

Definitely not noise. Sounds more like a distant jingling of bells that's getting louder.

But seriously, it appears decent for the growth companies. https://finviz.com/map.ashx?t=sec&st=w4

Perhaps Santa came a bit early. The S&P is up almost 21% in 2023. Over 9% just last month. Granted it's short term, but, it's not bad given our return to more historically normal interest rates.
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Old 12-02-2023, 10:57 PM   #10
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Lightning fast rebound - it was just waiting fo the Fed to indicate rate raising was done.
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Old 12-02-2023, 11:10 PM   #11
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Originally Posted by mrfeh View Post
I don't understand the need to discuss the returns of any investment over a 2 week period.

I'd call it noise, but it doesn't even qualify as that.
2 weeks of returns is noise. 20%+ ytd gets my attention.
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Old 12-03-2023, 06:13 AM   #12
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Lightning fast rebound - it was just waiting fo the Fed to indicate rate raising was done.
+1
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Old 12-03-2023, 07:20 AM   #13
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My Roth is 100% S&P500 so I look like a genius this year..... not so much last year. Staying in the market has paid off long term and not using hindsight to change gears.
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Old 12-03-2023, 07:30 AM   #14
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Based on NAV, SP500 is up 18% this year and the equal weight SP500 ETF RSP is up 7% this year - much of that increase also happened in November. I’m very happy with both of those increases.
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Old 12-03-2023, 07:56 AM   #15
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Originally Posted by Chuckanut View Post
Perhaps Santa came a bit early. The S&P is up almost 21% in 2023. Over 9% just last month. Granted it's short term, but, it's not bad given our return to more historically normal interest rates.
A lot happened in 2 weeks, yes!

I think the Grinch is now lurking, and will have something to say after year-end earnings.
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Old 12-03-2023, 08:15 AM   #16
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I don't understand the need to discuss the returns of any investment over a 2 week period.

I'd call it noise, but it doesn't even qualify as that.
I never look at historical returns. It isn't like I have a wayback machine to take advantage.
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Old 12-09-2023, 09:43 AM   #17
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FYI, Yesterday, the S&P hit its highest point since March of 2022, and it’s current high for 2023.
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Old 12-09-2023, 09:53 AM   #18
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FYI, Yesterday, the S&P hit its highest point since March of 2022, and itís current high for 2023.
Still slightly below where it was 2 years ago, though.

If you include dividends, it's just about equal to Dec 2021.
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Old 01-19-2024, 03:22 PM   #19
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A high for the S&P500! 4839.81







Quote:
Major U.S. stock indexes rose Friday, with the benchmark S&P 500 notching its first record close in more than two years.
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Old 01-19-2024, 04:15 PM   #20
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