I mean, I'm no financial whiz, but its common sense. The bailout money from 6 years ago came out of nowhere, the interest rates have been very low or nothing, the unemployment rate is 12-15% (no matter what the news tells us), 25% of the nation is at or below the poverty line, there are more people on welfare than ever before....yet the market keeps rising. I simply dont see the economy doing as well as it appears.....by a long shot.
Thoughts from those that know way more than me about the market (which is probably most people)?
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To remove first post, remove entire topic.
I mean, I'm no financial whiz, but its common sense. The bailout money from 6 years ago came out of nowhere, the interest rates have been very low or nothing, the unemployment rate is 12-15% (no matter what the news tells us), 25% of the nation is at or below the poverty line, there are more people on welfare than ever before....yet the market keeps rising. I simply dont see the economy doing as well as it appears.....by a long shot.
Thoughts from those that know way more than me about the market (which is probably most people)?
Anticipation of GOP arrival. Big swings during prresidential announcements but I wouldn't call for a crash by any stretch - if anything, a run just short of 19 would be my .02 call.
Shorts and longs make a lot of money, especially into the Santa Claus season. Shorts running the table until late August.
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Anticipation of GOP arrival. Big swings during prresidential announcements but I wouldn't call for a crash by any stretch - if anything, a run just short of 19 would be my .02 call.
Shorts and longs make a lot of money, especially into the Santa Claus season. Shorts running the table until late August.
I know shi t about shi t when it comes to the stock market (I think like everyone else), but I am nervous too. Just cant imagine that it keeps rolling the way it has.
Support your local animal shelter. I am on twitter.
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I know shi t about shi t when it comes to the stock market (I think like everyone else), but I am nervous too. Just cant imagine that it keeps rolling the way it has.
This year? Could be...who knows? And I don't know about a "crash"...though the way this market has continued to run is suspicious at best. Even good markets get hit along the way...are there fundamentals in place that would make anyone confident that this run has been legit? F**k no.
I don't want people to get smoked...especially those that have saved and would like to retire in the next 5 yrs...but I've kept a nice stack of rollover money on the sideline...waiting for another dive.
Not wise to try and time things...but the rest of the retirement is fully invested, so whatever. For selfish reasons, I'm rooting for the dam to break.
I don't have the time to figure out how this stack of cards is still standing...but I will take advantage when the inevitable happens .
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This year? Could be...who knows? And I don't know about a "crash"...though the way this market has continued to run is suspicious at best. Even good markets get hit along the way...are there fundamentals in place that would make anyone confident that this run has been legit? F**k no.
I don't want people to get smoked...especially those that have saved and would like to retire in the next 5 yrs...but I've kept a nice stack of rollover money on the sideline...waiting for another dive.
Not wise to try and time things...but the rest of the retirement is fully invested, so whatever. For selfish reasons, I'm rooting for the dam to break.
I don't have the time to figure out how this stack of cards is still standing...but I will take advantage when the inevitable happens .
read "currency wars" and the follow up by same author
don't have to agree with everything in it but makes a valid case as to why 2008 didn't really solve much of anything, just kicked the can down the road
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read "currency wars" and the follow up by same author
don't have to agree with everything in it but makes a valid case as to why 2008 didn't really solve much of anything, just kicked the can down the road
This bull market is based on nothing. Free money that is about to end. When it does, look out. Saying that Obama is the reason why the market has gone up is pure stupidity. The market has cycles. Another reason this market has gone up has been anticipation of a recovering economy which isn't happening. This will end bad but only the powers that be will decide when it happens. I say it will all come down starting in September. Why? Maybe this helps.
This bull market is based on nothing. Free money that is about to end. When it does, look out. Saying that Obama is the reason why the market has gone up is pure stupidity. The market has cycles. Another reason this market has gone up has been anticipation of a recovering economy which isn't happening. This will end bad but only the powers that be will decide when it happens. I say it will all come down starting in September. Why? Maybe this helps.
The fact that we just broke highs and we are about to take a nice down move.. Watch for the first daily down candle and short the sh--it out of this market back down to 17,800 . Stop would be just above the high it made today..
Once we brake that 17,800 level... LOOK OUT !!!
The market , the DXY, the Dollar , and the S & P are all in a bullish retracement.. They will be ready to be shorted again very soon..
And next month is the month to jump back in oil futures.. We will see 70 very soon..
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The fact that we just broke highs and we are about to take a nice down move.. Watch for the first daily down candle and short the sh--it out of this market back down to 17,800 . Stop would be just above the high it made today..
Once we brake that 17,800 level... LOOK OUT !!!
The market , the DXY, the Dollar , and the S & P are all in a bullish retracement.. They will be ready to be shorted again very soon..
And next month is the month to jump back in oil futures.. We will see 70 very soon..
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