S&P 500 up 9.78% for the week

[dixonge]

Given the panic and hand-wringing going on out there, I thought it was interesting to discover that the market had an amazing week!

Here's to many more!

 

[HFWR]

Given the panic and hand-wringing going on out there, I thought it was interesting to discover that the market had an amazing week!

Here's to many more!

View attachment 55132

Nowhere to go but up! (Evidence to the contrary notwithstanding…)

 

[Dtail]

It's a good start. Lots to go still.

 

[ERD50]

I'd bet that if you took a survey of average people out there, who probably listen to the news, but don't track things themselves, they'd guess the market was way down for the week.

I noticed that ABC news (wife had it on before dinner), they seemed to emphasize the POINTS the Dow was down on down days, but the % the other indexes were down. Seems to me, they usually just call out points for all of them (because I always get aggravated by that - percentages are far more informative).

The Dow is the highest number, so points is the most dramatic, I guess.

 

[Kings over Queens]

I don't mean to be a debbie downer, but now do YTD.

 

[Dtail]

I'd bet that if you took a survey of average people out there, who probably listen to the news, but don't track things themselves, they'd guess the market was way down for the week.

I noticed that ABC news (wife had it on before dinner), they seemed to emphasize the POINTS the Dow was down on down days, but the % the other indexes were down. Seems to me, they usually just call out points for all of them (because I always get aggravated by that - percentages are far more informative).

The Dow is the highest number, so points is the most dramatic, I guess.

Kind of the same thing in bragging about the best day ever in the market, when the YTD is still down.

 

[dobig]

I never would have guesed we are up almost 10% for the week.


Of course this week feels like a month.

 

[ERD50]

Kind of the same thing in bragging about the best day ever in the market, when the YTD is still down.

Well, what time frame you pick depends on the subject at hand. OP was clear that the subject was the panic over the past week, so looking at the week was proper in that context.

IMO, YTD is the least informative metric. It changes every day, from a 1 day snapshot to a 365 day snapshot! 1D, 5D, 1M, 3M, 6M, 1Y, 5Y etc rolling returns seem to convey much more.

And the one I really care about is "RDTD" (Retirement Day To Date).

 

[Koolau]

I'd bet that if you took a survey of average people out there, who probably listen to the news, but don't track things themselves, they'd guess the market was way down for the week.

I noticed that ABC news (wife had it on before dinner), they seemed to emphasize the POINTS the Dow was down on down days, but the % the other indexes were down. Seems to me, they usually just call out points for all of them (because I always get aggravated by that - percentages are far more informative).

The Dow is the highest number, so points is the most dramatic, I guess.

If it bleeds, it leads. No different in the financial news. Too bad, really. We could use some facts and some analysis - not hype.

 

[TickTock]

I could pick other time periods to show the S&P500 up or down. And the longer period that you look at, the smaller the local up/down becomes.

What strikes me as different is the magnitude of the short-term swings.

 

[Al18]

The SP500 is 13% down from the recent high in February

 

[Koolau]

The SP500 is 13% down from the recent high in February

I wonder how that squares the average P/E ratio. Anyone have a quick way to check that? I rarely worry too much about it, but part of my thinking through all of this is that (perhaps) this "tariff thing" gave the market an excuse to reset to a more appropriate P/E ratio - for a while. Just thinking out loud which can be dangerous as YMMV.

 

[aaronc879]

Given the panic and hand-wringing going on out there, I thought it was interesting to discover that the market had an amazing week!

Here's to many more!

View attachment 55132

Yeah, that's like a 500 pounder being super excited when they lose 100 pounds.

 

[TickTock]

Koolau,

US markets are still highly valued compared to historical metrics.

While the current turmoil is being [self-censored due to politics], at *some* point equities will not produce the results seen in the last 15 or so years - unless earnings grow at higher than long-term historical average and/or P/E ratios continue to increase. Not likely.

Now, as to the timing of poor future returns? I've no idea, and no recommendations as to how to position to take advantage. . .

 

[latexman]

I don't mean to be a debbie downer, but now do YTD.

Instead of YTD, I look at things relative to Jan. 17.

 

[VanWinkle]

I compare my investing to watching paint dry...... I set it and forget it other than rebalancing. It reduces the stress to 0 and lets me do the things I dreamed of in retirement. The rest is just a job I have little interest in wasting time on.

 

[Drifter]

Kinda like taking things out of context and making it seem worse than they are. Funny math north of the Mason Dixon line.

 

[disneysteve]

Kind of a ridiculous post.

Yes the market was up a bit last week but only after being down dramatically before that so it’s not much consolation. Our portfolio is down about $400,000 from a month or two ago. Forgive me if I’m not excited that it didn’t drop even more last week.

Now if the carnage is over and it continues trending up, that would be nice, but trillions of dollars of wealth have still evaporated due to the tariffs.

 

[JoeWras]

Kind of a ridiculous post.

Uh, I think dixogne was having at least 1/2 fun with that post. There is a serious element to it too.

Those of us who lived through 1987 also remember the bounce back well.

 

[target2019]

Early morning trawl,
trollers skeet across the Gulf—
plash attracts the fish.

 

[audreyh1]

Kind of a ridiculous post.

Yes the market was up a bit last week but only after being down dramatically before that so it’s not much consolation. Our portfolio is down about $400,000 from a month or two ago. Forgive me if I’m not excited that it didn’t drop even more last week.

Now if the carnage is over and it continues trending up, that would be nice, but trillions of dollars of wealth have still evaporated due to the tariffs.

Well we’re down 4.19%YTD instead of being down only 0.72% the prior week end.

I also interpreted it as a tongue-in-cheek post.

 

[tflannery]

the bond market rules. don't ever forget that.

nice rally this week, but i am still down over $500k since MLK day.

 

[disneysteve]

I also interpreted it as a tongue-in-cheek post.

My apologies to the OP if this was intended as humor/sarcasm. I definitely missed that.

 

[audreyh1]

Hopefully he’ll come back and tell us.

 

[Joseph]

Tariffs exempt on smartphones and a lot of electronics Friday night. I own a lot of apple and nvidia etc
Expect some positive movements next week. JMHO