This Market is Crazy!!!

[audreyh1]

What else can I say?

 

[Luvtoride]

Not sure how to respond to this topic starter

 

[Dtail]

Hey, let's keep riding it and we will be more prepared for the inevitable correction.

 

[Koolau]

Yeah, defining "crazy" could be complicated.

 

[jazz4cash]

It’s like any day someone will say the W word.

 

[Koolau]

It’s like any day someone will say the W word.

I'm surprised we haven't seen more ATH comments on that thread.

 

[tulak]

It doesn't feel real. Surreal is more like it.

 

[Koolau]

It doesn't feel real. Surreal is more like it.

I certainly don't count on it being spendable just yet. I've thought of pulling out some "winnings" but then I think "Naaaaaahhhh!"

 

[Pointby2]

Stay the course! A lotta people panicked with the tariffs and the war.

For the rest of us it's still working.

 

[JohnnyPHX]

It sure is unpredictable to say the least. Wonder what if anything can break this trend?

The company I retired from has skyrocketed this past year. Unfortunately I own zero. Only those not stuck in a cubicle everyday were offered stock. But hey most of them are still working and I am not.

 

[Dtail]

It’s like any day someone will say the W word.

We are immune to it. It only counted when stated by our beloved W2R.

 

[Luvtoride]

Wow, Impressive run for your former employer! Would you call it crazy though?

 

[Koolau]

Wow, Impressive run for your former employer! Would you call it crazy though?

Yeah, shipping companies tell us in Hawaii "Let us raise our rates or we're outta here. Take it or we leave it."

 

[street]

I know a few people that panicked a few months back and did what they felt comfortable doing and now it was the wrong move. They mostly likely can't afford to stay in the game and most or all here can stay pat when things go south. A lot can't.

Yes Crazy Times!

 

[disneysteve]

The disconnect between Wall St and Main St is crazy for sure.

 

[Al18]

Corning GLW is up 100% year to date, 305% over 1 year, 465% over 2 years and 522% over 3 years! I thought I was just buying an unexciting dividend stock all those years ago,

 

[audreyh1]

I know a few people that panicked a few months back and did what they felt comfortable doing and now it was the wrong move. They mostly likely can't afford to stay in the game and most or all here can stay pat when things go south. A lot can't.

Yes Crazy Times!

But you never really know if it was the wrong move until years later.

We could be at the brink of a huge collapse, or not.

 

[Jerry1]

Call me cynical but the first thing I thought of when I saw the earnings report was that companies are using the current situation to increase prices significantly more than needed to simply make up for inflation. Nothing like an external situation to justify raising prices - what's a few extra percent just to be safe.

The next thing I thought is that the well to do keep doing well and those not well enough off to participate are being left behind.

Then, I looked at my Fidelity account and smiled. It really is crazy.

 

[TheWizard]

I'm just glad I'm 95%+ in stock funds...

 

[Qs Laptop]

Yeah, I own MU, INTC, AVGO, FSELX, QQQ, and SPMO.

It's been fun.

 

[disneysteve]

Call me cynical but the first thing I thought of when I saw the earnings report was that companies are using the current situation to increase prices significantly more than needed to simply make up for inflation.

Shocking

The next thing I thought is that the well to do keep doing well and those not well enough off to participate are being left behind.

90% of stock is owned by 10% of people. The daily record highs are great for those of us in the 10% but for 90% of Americans, the economy is lousy and getting worse.

 

[dunkelblau]

My ESOP+RSU position value at my last employer has multiplied 30-fold as of the close today compared to what it was when I retired at YE 2022. My employer had been for decades the red-headed stepchild in silicon valley, and today's AI bubble has finally given it a cinderella moment. But I think we know how this story ends, it'll rhyme with a century ago.

 

[GenXguy]

Yeah, I was feeling pretty good about the many ATH's lately, including today. But then I went out for groceries and bought gas, and I wasn't feeling so well off, anymore.

 

[Al18]

According to Google:
“62% of Americans own stock, either directly or through retirement accounts like 401(k)s or IRAs. This figure indicates that a majority of U.S. adults participate in the stock market in some form.”

 

[TheWizard]

Shocking

90% of stock is owned by 10% of people. The daily record highs are great for those of us in the 10% but for 90% of Americans, the economy is lousy and getting worse.

Correct.
I only own a few Million in stock funds.
I wish I owned $20 Million or more like rich people do but that's not gonna happen.