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Status:
"I don't understand. But I don't care, so it works out."
(set 8 days ago)
35,631 posts, read 17,968,125 times
Reputation: 50655
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Quote:
Originally Posted by lookingaround12345
That's funny. You come into threads and pretend you know anything about the market when it turns out you don't even know what going short is. So you must just be repeating what you here on tv. Here is a tip for a novice. You should start by using a leveraged 3x inverse ETF and hold on to it for a long time, and buy more as the markets climb. You're welcome.
I don't make my financial investment decisions - that's handled professionally. I do, however, have a good sense of what companies might be good to invest in, or divest from, and make some of those decisions.
I'm learning, now that I have time to learn, and am finding it interesting.
BTW - a lot of this panic seems to be based on Target's financial picture, as well as a few other retailers, but it doesn't look to me like Target is a good representative for how the retail market is doing, in general. Something is terribly wrong with how they are run right now - so it's not that big a surprise they aren't turning the profits expected.
Last Friday, the Dow was 32,196. Today, exactly a week later at noon, the Dow is 30,704.
How is that the sharpest losing week?
It is the longest WEEKLY LOSING STREAK.
If you want a real BLOODBATH, just be patient. Joe's economic crash is just starting and we have already had a 20% market correction.
When the recession, inflation, interest rates, home defaults, falling wages, and product shortages get into full swing, we could be set for the worst economic disaster in US history.
Democrats, of course, will be elated that the life savings of millions will be wiped out, people reduced to paupers and unable to retire, and families evicted from homes. Dems/libs love metering out misery to others so that people can be just as miserable as they are.
Dems/Libs are pure evil. Biden is making "Liberal" and "Democrat" dirty words, spoken only in disgust and anger.
I don't make my financial investment decisions - that's handled professionally. I do, however, have a good sense of what companies might be good to invest in, or divest from, and make some of those decisions.
I'm learning, now that I have time to learn, and am finding it interesting.
BTW - a lot of this panic seems to be based on Target's financial picture, as well as a few other retailers, but it doesn't look to me like Target is a good representative for how the retail market is doing, in general. Something is terribly wrong with how they are run right now - so it's not that big a surprise they aren't turning the profits expected.
What a load of BS. Target's problem is not the "management"- it is THE BIDEN ECONOMY AND AMAZON STEALING THIER BUSINESS.
Individuals are TERRIBLE INVESTORS, as are "investment professionals".
The best thing to do is buy low priced index funds when the Schiller P/E is at or below historic levels relative to prevailing interest rates.
If people are HONEST with returns, an index fund always wins. I have had stocks go up over 100X and stocks go to zero. Only fools buy individual stocks, unless to "play" with a small part of their portfolio.
You can never learn more than the computer algorithms and beat the odds, given that you have to pay taxes on gains.
Want to "beat markets"? Should have bought real estate at the peripheries of growing towns before prices went through the roof. I bought a bunch of Apple at $5 per share for my kids when it was assumed they were going bankrupt. However, there are always individual stock picks that fail to go along with winners.
Status:
"I don't understand. But I don't care, so it works out."
(set 8 days ago)
35,631 posts, read 17,968,125 times
Reputation: 50655
Well, good news. The Friday Afternoon Optimism bump struck again! Up very slightly over opening bell.
And hawk - I don't know how many retail outlets you visit, but I'm out there every day. Target looks like a desert - they literally didn't have any gift bags last week. And I bought the last 5 X 7 frame. For those who shop Target, that's saying something.
Michaels down the road didn't seem to have any trouble at all stocking similar items.
I've been in another Target last week also, it wasn't as bad, but it was still surprising. I don't think we should use Target as the yardstick for measuring retail right now, although in the past they've been a pretty reliable standard.
What a load of BS. Target's problem is not the "management"- it is THE BIDEN ECONOMY AND AMAZON STEALING THIER BUSINESS.
Individuals are TERRIBLE INVESTORS, as are "investment professionals".
The best thing to do is buy low priced index funds when the Schiller P/E is at or below historic levels relative to prevailing interest rates.
If people are HONEST with returns, an index fund always wins. I have had stocks go up over 100X and stocks go to zero. Only fools buy individual stocks, unless to "play" with a small part of their portfolio.
You can never learn more than the computer algorithms and beat the odds, given that you have to pay taxes on gains.
Want to "beat markets"? Should have bought real estate at the peripheries of growing towns before prices went through the roof. I bought a bunch of Apple at $5 per share for my kids when it was assumed they were going bankrupt. However, there are always individual stock picks that fail to go along with winners.
This is not true AS LONG AS you have time on your side.
Individual stocks are a GREAT investment over the long term, as long as you invest in blue chip industry leaders.
The vast majority of my capital gains over the past 20 years are from individual stocks, such as Amazon and Apple.
As one gets older, the percentage of stock owned should decrease, and the percentage of gold, bonds, real estate, etc. should increase. Blind index funds are also a safer, more defensive play as one gets older as well.
Well, good news. The Friday Afternoon Optimism bump struck again! Up very slightly over opening bell.
The DOW is up .03% for the day, S&P up .01%, but NASDAQ is down .3%. The week finished down bigly once again, continuing the longest losing streak since 1923. But hey, the DOW went up a fraction of a percent today, so let's all praise dear leader and forget all that
The DOW is up .03% for the day, S&P up .01%, but NASDAQ is down .3%. The week finished down bigly once again, continuing the longest losing streak since 1923. But hey, the DOW went up a fraction of a percent today, so let's all praise dear leader and forget all that
Clara always crows about one day up and ignores the weeks and weeks of down.
My guess is her politics are really interfering with her ability to see the reality as it is.
Gotta protect the Potato-In-Chief at all costs. You can bet if the bad orange man was still in charge, Clara would be leading the charge to blame him for everyone’s portfolio situation.
Status:
"I don't understand. But I don't care, so it works out."
(set 8 days ago)
35,631 posts, read 17,968,125 times
Reputation: 50655
Quote:
Originally Posted by andywire
The DOW is up .03% for the day, S&P up .01%, but NASDAQ is down .3%. The week finished down bigly once again, continuing the longest losing streak since 1923. But hey, the DOW went up a fraction of a percent today, so let's all praise dear leader and forget all that
Right.
But did you see the Friday afternoon optimism?
Watch the bounce. The market was down more than 500 points in the early afternoon today. There's optimism there, when you see it climb out of that hole, even if they just ended up a fraction above the morning bell. It was a big bounce, with optimism at the end.
The stock market obviously isn't just science, it's a lot of art too, and perceptions equalling reality, and you look for optimism where you can find it.
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