Buckle in, everybody!
Moderator: Aitrus
Buckle in, everybody!
We're in for a wild ride today. https://www.cnbc.com/2018/04/04/us-stoc ... focus.html
- jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Buckle in, everybody!
I'm buckled in ..... twinkies clasped tightly in one hand and the other hand idling on the refresh button at the Google market summary webpage.
My heart tells me that the market will end positively +5% across the board.
My medulla oblongata is screaming at me to go to "G".
My gall bladder is telling me softly to eat more twinkies!
My heart tells me that the market will end positively +5% across the board.
My medulla oblongata is screaming at me to go to "G".
My gall bladder is telling me softly to eat more twinkies!
Re: Buckle in, everybody!
My intestine is wondering what to do with the golden surprises...jlozano042 wrote:I'm buckled in ..... twinkies clasped tightly in one hand and the other hand idling on the refresh button at the Google market summary webpage.
My heart tells me that the market will end positively +5% across the board.
My medulla oblongata is screaming at me to go to "G".
My gall bladder is telling me softly to eat more twinkies!
- jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Buckle in, everybody!
yeah, gut grenades usually don't end well.cswift01 wrote: My intestine is wondering what to do with the golden surprises...
Re: Buckle in, everybody!
Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade
https://tradingeconomics.com/united-sta ... e-of-trade
- MakeMe$$$$
- Posts: 772
- Joined: Tue Aug 23, 2011 10:12 pm
Re: Buckle in, everybody!
Interestingly, it can be argued that a strong economy with its supply and demand ramped up actually is a causal factor for higher deficits.evilanne wrote:Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade
Also...Consider this from CATO:
https://www.cato.org/publications/congr ... de-deficit
Don
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
- MakeMe$$$$
- Posts: 772
- Joined: Tue Aug 23, 2011 10:12 pm
Re: Buckle in, everybody!
I also think that we are all spoiled by the last couple years of low volatility and steady gains. Many of us are just going to have to keep our seat belts at the ready and relearn how to make the most out of the current market. Over reacting to US geo-political and internal political activities will just increase the chances for over reactions.
Easier said than done.
Easier said than done.
Don
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Rolled over to Fidelity 2/24/18.
Fantasy still playing with Daily Strategy 12767.
Re: Buckle in, everybody!
over reactions indeed! It seems the swings are based the emotions of a few than what should be really happening in an economy. emotions......MakeMe$$$$ wrote:I also think that we are all spoiled by the last couple years of low volatility and steady gains. Many of us are just going to have to keep our seat belts at the ready and relearn how to make the most out of the current market. Over reacting to US geo-political and internal political activities will just increase the chances for over reactions.
Easier said than done.
Re: Buckle in, everybody!
The Cato Institute may have some valid arguments overall but there are many factors to consider. Some people argue that war is good for economy, but I wouldn't recommend it.MakeMe$$$$ wrote:Interestingly, it can be argued that a strong economy with its supply and demand ramped up actually is a causal factor for higher deficits.evilanne wrote:Not sure what is worse, a potential trade war or bigger & bigger trade deficits each year
https://tradingeconomics.com/united-sta ... e-of-trade
Also...Consider this from CATO:
https://www.cato.org/publications/congr ... de-deficit
We have constantly been involved in Gulf since Desert Shield/Desert Storm https://usiraq.procon.org/view.resource ... eID=000670
If you look at the trade deficit historical numbers back to the 1980's, US trade deficit gradually increased (greater deficits) in the mid 1990's, the deficits started increasing further after 9-11. (Note: you can manually change the range on the chart at https://tradingeconomics.com/united-sta ... e-of-trade using the 1st box below the chart) From 2006-2008 they were the greatest right before the recession. It looks like we are currently approaching those same levels now.
I tend to agree with the quote: "Insanity is doing the same thing over and over again and expecting different results."
Re: Buckle in, everybody!
Support held, China rebuttal got brushed aside today and the bulls are pushing forward. Very encouraging day for those of us in equities.
- jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Buckle in, everybody!
Very interesting how this went, especially from the dreaded news this morning.XAMOTOMAX wrote:Support held, China rebuttal got brushed aside today and the bulls are pushing forward. Very encouraging day for those of us in equities.
I've only been paying attention to the world markets since late last year (I'm still a padawan for sure), but one thing I have been learning is that fear remark about the markets. How does it go ????? Sell the fear ... something like that. I've seen quite a few folks post it here.
Anyways - keep calm and carry on I guess.
Re: Buckle in, everybody!
I do my best to tune out the news and just see red or green, patterns and indicators. Really simple stuff that sticks out on charts. Momentum is huge and little things like prices going down on super low volume without a corresponding jump in VIX (or early morning futures getting crushed on China news and the market going up the entire day) can be good indicators. Sometimes the news does move the market but more often I think the news tries to explain what happened in the market with varying degrees of inaccuracy. Algos and computers don't care what Jingping has to say, that's for sure.
Side note, anyone else watching for a crypto bottom like I am?
Side note, anyone else watching for a crypto bottom like I am?
Re: Buckle in, everybody!
Be warned! Trade war with China is going to be big, as devastating as ..... that last A-Bomb war with North Korea !!! ..... Well, now you know how that war has been "won", a la Trump. Wall Street is not afraid of Trade War or A-Bombs in the long run. Wall Street is afraid of fear itself.
By the way, looking at how Chinese use digital money in transactions, one can only estimate an explosion of digital currencies in a few years. A bottom in a storm? Better buy and hold?
By the way, looking at how Chinese use digital money in transactions, one can only estimate an explosion of digital currencies in a few years. A bottom in a storm? Better buy and hold?
Re: Buckle in, everybody!
It's just like I've been saying. When the news sells a story on how the markets are going to drop, buy as much as possible. lol
Re: Buckle in, everybody!
Easy to "buy the rumor". Harder to "sell the news"?
Fund Prices2024-04-17
Fund | Price | Day | YTD |
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L2040 | $52.43 | -0.31% | 2.41% |
L2035 | $13.87 | -0.28% | 2.31% |
L2030 | $46.25 | -0.25% | 2.24% |
L2025 | $12.93 | -0.12% | 1.78% |
Linc | $25.29 | -0.09% | 1.55% |