Thread: The Stock Market
02-05-2018, 01:10 PM
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#1
- seven11
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The Stock Market
Da Fug is going on? They're saying it's because of the salary increase and good Jan job numbers.
Are there any good sources to read on this other than Yahoo!'s finance?
Are there any good sources to read on this other than Yahoo!'s finance?
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02-05-2018, 01:20 PM
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#2
- journeyboy
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Thanks Obama
02-05-2018, 01:21 PM
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#3
- |ceman
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da fuk man...
this is a brutal single day or single week (last 5 days) drop.
feels like 2008 again.
this is a brutal single day or single week (last 5 days) drop.
feels like 2008 again.
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02-05-2018, 01:22 PM
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#4
02-05-2018, 01:23 PM
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#5
02-05-2018, 01:27 PM
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#6
02-05-2018, 01:29 PM
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#7
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Originally Posted By seven11⏩
That's basically it.Da Fug is going on?They're saying it's because of the salary increase and good Jan job numbers.
Are there any good sources to read on this other than Yahoo!'s finance?
Are there any good sources to read on this other than Yahoo!'s finance?
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02-05-2018, 01:33 PM
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#8
Friday’s jobs report sparked worries over the prospects for inflation and a surge in bond yields, as well as concerns the Federal Reserve will raise rates at a faster pace than expected.
This. It was expected.99 fishing crew, harpooning whales on the daily crew
02-05-2018, 01:35 PM
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#9
- otisthebat
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Automated trades once the dow got below 25,000. So once it hit 25,000 it fell even faster.
We were due for a market correction and this is it.
We were due for a market correction and this is it.
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02-05-2018, 01:35 PM
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#10
- SillieBazzillie
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We are long overdue for a correction. Best case for us would be a few thousand point drop and then reasonable growth again. If we fall below 20k, look out below boyos.
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02-05-2018, 01:37 PM
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#11
- |ceman
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Originally Posted By Retoaded⏩
looks like it's hovering around 3%.automated trading triggers, listening to CNBC in the radio a few minutes ago.
automated circuit breakers kick in at 7% drop.
by a straight numbers standpoint - looks like it will be the largest single day points drophttps://en.wikipedia.org/wiki/List_o...strial_Average
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02-05-2018, 01:37 PM
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#12
- JoshSP1985
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But all the people on social media are telling me this is because Drumpf if destroying the economy.
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02-05-2018, 01:38 PM
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#13
- Streetbull
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Originally Posted By seven11⏩
PE of the General market was about 26. The 100 year mean/median is about 15. Reversion to mean and lower means dropping from 26000 to about 11000.Da Fug is going on? They're saying it's because of the salary increase and good Jan job numbers.
Are there any good sources to read on this other than Yahoo!'s finance?
Are there any good sources to read on this other than Yahoo!'s finance?
Get out now.
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02-05-2018, 01:38 PM
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#14
- engj
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Originally Posted By SillieBazzillie⏩
This, smart money was re-thinking cash positions before Christmas.We are long overdue for a correction.
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02-05-2018, 01:39 PM
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#15
- |ceman
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Originally Posted By SillieBazzillie⏩
24k is probably a big symbolic number.We are long overdue for a correction. Best case for us would be a few thousand point drop and then reasonable growth again. If we fall below 20k, look out below boyos.
It's hard to win an argument with a smart person. It's damn near impossible to win an argument with a stupid person. - Bill Murray
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02-05-2018, 01:39 PM
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#16
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Originally Posted By engj⏩
Was considering reallocating my 401k around that time, couldn't get an correction estimates that I trusted.This, smart money was re-thinking cash positions before Christmas.
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02-05-2018, 01:41 PM
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Originally Posted By journeyboy⏩
Trump warned about this bubble, hoping it popped before he took charge. He shouldn’t have claimed credit for the rise since his election because now he gets blamed for the pop.Thanks Obama
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02-05-2018, 01:42 PM
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#18
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Originally Posted By |ceman⏩
I don't disagree, but I think even at 24k the market is over valued. I'd see a drop below 22k - 20k to mean things could get really bad. 24k would only be a 7.5% pullback from highs and the market grew like 25% last year alone. Hell Trump's tweeted about it and mentioned it enough.24k is probably a big symbolic number.
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02-05-2018, 01:44 PM
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- rampagefc77
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Originally Posted By SillieBazzillie⏩
It dropped on the day of the memo. Investing world likes predictability... we are in unpredictable times right now.We are long overdue for a correction. Best case for us would be a few thousand point drop and then reasonable growth again. If we fall below 20k, look out below boyos.
Time to buy boyos, the sale is on.
02-05-2018, 01:44 PM
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#20
- Streetbull
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Originally Posted By SillieBazzillie⏩
Parabolic rise in price never ends well. Look for about a 48% drop over the next year or so.We are long overdue for a correction. Best case for us would be a few thousand point drop and then reasonable growth again. If we fall below 20k, look out below boyos.
Gold stocks are really the only play here, other than going to cash.
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02-05-2018, 01:44 PM
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#21
02-05-2018, 01:49 PM
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#22
- |ceman
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Originally Posted By Streetbull⏩
lol, was streetbear already taken when you created your account?Parabolic rise in price never ends well. Look for about a 48% drop over the next year or so.
Gold stocks are really the only play here, other than going to cash.
Gold stocks are really the only play here, other than going to cash.
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02-05-2018, 01:52 PM
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#23
- Jerma
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Originally Posted By Streetbull⏩
^this. don't worry though if you think the stock market is going to be the only thing dropping keep an eye on the USD over the next few years.Trump warned about this bubble, hoping it popped before he took charge. He shouldn’t have claimed credit for the rise since his election because now he gets blamed for the pop.
Dude.....no
02-05-2018, 01:53 PM
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#24
- |ceman
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Originally Posted By rampagefc77⏩
put your money where your mouth is - show us your buy order confirmation.It dropped on the day of the memo. Investing world likes predictability... we are in unpredictable times right now.
Time to buy boyos, the sale is on.
Time to buy boyos, the sale is on.
It's hard to win an argument with a smart person. It's damn near impossible to win an argument with a stupid person. - Bill Murray
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02-05-2018, 01:55 PM
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#25
- SillieBazzillie
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Originally Posted By |ceman⏩
lmfao at sale when the market is still 20% higher than a year ago.put your money where your mouth is - show us your buy order confirmation.
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02-05-2018, 01:56 PM
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- rampagefc77
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Really makes no sense to drop now. Economy is doing well, profits will instantly rise for companies with the new tax code (fewer taxes= more profits). We actually have things in place to fuel growth.
I’m fine with any dip, I’m young and can weather any storm. Buying on discount for a while would be fine. But rationally, this week nothing changed from recently when we were hitting highs.
I’m fine with any dip, I’m young and can weather any storm. Buying on discount for a while would be fine. But rationally, this week nothing changed from recently when we were hitting highs.
02-05-2018, 01:58 PM
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#27
- JoshSP1985
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Originally Posted By rampagefc77⏩
It's almost like big players cause these things for their own benefit.Really makes no sense to drop now. Economy is doing well, profits will instantly rise for companies with the new tax code (fewer taxes= more profits). We actually have things in place to fuel growth.
I’m fine with any dip, I’m young and can weather any storm. Buying on discount for a while would be fine. But rationally, this week nothing changed from recently when we were hitting highs.
I’m fine with any dip, I’m young and can weather any storm. Buying on discount for a while would be fine. But rationally, this week nothing changed from recently when we were hitting highs.
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02-05-2018, 01:59 PM
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#28
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Originally Posted By |ceman⏩
Most cash is already in the market unfortunately.put your money where your mouth is - show us your buy order confirmation.
I just did backdoor Roth conversion on Friday to buy today, so that is 5.5k for me and another 5.5k for the wife.
Just put 70k into a real estate investment, otherwise that would have gone in with the latest dip. It just came out of a CD and needed a place to go.
02-05-2018, 02:00 PM
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#29
- gachase21
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Don’t feel like typing my wall of text explaining but I will add-
Self proclaimed wizzard....
Self proclaimed wizzard....

Originally Posted By gachase21⏩
I hit the eject button on a sizable amount mid December, so I’ve missed about some on the last few weeks.
Still have a fairly diverse portfolio though.
Overall it has been a sizable higher than expected windfall.
Still have a fairly diverse portfolio though.
Overall it has been a sizable higher than expected windfall.
02-05-2018, 02:17 PM
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#30
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For the kids ITT wondering “wut do?”
I’ll pretty much sill stick with my 2013 post
If you aren’t market savvy stick with index fund etf’s
For the ira I’d go with above or a targeted retirement fund such as vanguard’s
https://investor.vanguard.com/mutual...-retirement/#/
As far as timing goes stick with dollar cost averaging and disregard these swings.
Also never mix political beliefs with investing.
I’ll pretty much sill stick with my 2013 post
Originally Posted By gachase21⏩
Now I’d add if you have an employer matching 401(k) contributions do that firstI'm going to make this list based on the assumption you will get kids and a wife at some point
FIRST OF ALL- PLAN YOUR MONTHLY BUDGET, AND LIVE BY IT(20% LESS THAN YOUR BRING HOME MONTHLY INCOME)
Then follow these steps, do not proceed to the next step until the previous step is complete
1. Acquire life insurance- 20 yrs or longer term(not the whole life crap) you want it to last long enough until your youngest is 18, so if you don't have kids yet, maybe get a 30yr term now. You want to get it while your younger and health
2. Acquire long term disability insurance. This one is debateable, I personally would get it.
3. Save an emergency fund- enough liquidity for you go go 6 months without working if something happens
4. eliminate all debt(except in some cases home mortgage)- math will tell you some debt is ok, whatever- buy it or do without
5. start a roth IRA or regular IRA depending on what you qualify for. If you qualify for a Roth, do it, once you make enough money, you will no longer qualify for it. Save 15% towards retirement
6. If you are living by above budget(20% less than monthly bring home) you should start acquiring excess money monthly to either buy a house with, or invest more aggressively. This is also the money you can start your own buisness with.
Since you are still single, you have the opportunity to be smart about your pick for a sqouse. You can find someone you love of coarse, but there are plenty to choose from that are also financially conservative, and make money. Get their credit report before you get serious. I know love is love, but there are millions to choose from that keep their money in order.
FIRST OF ALL- PLAN YOUR MONTHLY BUDGET, AND LIVE BY IT(20% LESS THAN YOUR BRING HOME MONTHLY INCOME)
Then follow these steps, do not proceed to the next step until the previous step is complete
1. Acquire life insurance- 20 yrs or longer term(not the whole life crap) you want it to last long enough until your youngest is 18, so if you don't have kids yet, maybe get a 30yr term now. You want to get it while your younger and health
2. Acquire long term disability insurance. This one is debateable, I personally would get it.
3. Save an emergency fund- enough liquidity for you go go 6 months without working if something happens
4. eliminate all debt(except in some cases home mortgage)- math will tell you some debt is ok, whatever- buy it or do without
5. start a roth IRA or regular IRA depending on what you qualify for. If you qualify for a Roth, do it, once you make enough money, you will no longer qualify for it. Save 15% towards retirement
6. If you are living by above budget(20% less than monthly bring home) you should start acquiring excess money monthly to either buy a house with, or invest more aggressively. This is also the money you can start your own buisness with.
Since you are still single, you have the opportunity to be smart about your pick for a sqouse. You can find someone you love of coarse, but there are plenty to choose from that are also financially conservative, and make money. Get their credit report before you get serious. I know love is love, but there are millions to choose from that keep their money in order.
If you aren’t market savvy stick with index fund etf’s
For the ira I’d go with above or a targeted retirement fund such as vanguard’s
https://investor.vanguard.com/mutual...-retirement/#/
As far as timing goes stick with dollar cost averaging and disregard these swings.
Also never mix political beliefs with investing.
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