Lsbcal
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I am struggling to say anything intelligent about this.
Will let you all know when I come up with something.
Will let you all know when I come up with something.
Was at 54.7/45.3 a couple of days ago and got out of Dodge and back to nominal 50/50. Just a tad early but...........I have a nominal 50/50. Currently 53.5/46.5. I tell you, the minute it hits 55/45 I'm out of Dodge! (back to 50/50). Until then alas... nap time continues...
I appreciate the playfulness of some of the posters.. and their witty comments.
My question is not about AA. My question revolves around market being agnostic to any news and keep chugging higher and higher... that just seems abnormal to me.
Yeah, if/when mine gets that close I might get an itchy finger as well...Was at 54.7/45.3 a couple of days ago and got out of Dodge and back to nominal 50/50. Just a tad early but...........
I am struggling to say anything intelligent about this.
Will let you all know when I come up with something.
So here's the deal:
1) Still low interest rate environment allows for more money into the market and sometimes into dividend paying stocks.
2) Many companies beating analysts expectations.
3) Movement of some shares that are involved in merger talks to beef up valuation. If talks fail they go down.
4) Generalized euphoria about the business climate and consumer confidence.
This pretty much sums it up. Academically, a stock price is the present value of all expected future earnings. The "news" is: earnings are up, interest rates remain low, regulation is being reduced, unemployment is low (customers have money), inflation remains low. There is not a lot of bad news out there that would reduce expectations of future earnings on a macro level.
And yes, a correction is coming, but no one knows when.
It is bothering me a lot - I mean a LOT!
So valuations don't matter? the fact that good or bad news makes markets go up doesn't matter?
I wonder about the long term effect s of automated/AI-controlled trading. How smart are those algorithms, anyway?
IMHO the market is going up over past 12 months for two reasons
1. The very real elimination of business regulations is good for profitability
2. The anticipated business tax cuts
Always good to remember the market tends to react to what people think will happen, more than what already happened.
I also agreed with the poster whi emphasized having an appropriate aa so a correction will not derail your finances
IMHO the market is going up over past 12 months for two reasons
1. The very real elimination of business regulations is good for profitability
2. The anticipated business tax cuts
Always good to remember the market tends to react to what people think will happen, more than what already happened.