In other words ... the top 1% of stock owners that hold 53% of stocks getting on and off the buy and sell bandwagon based on daily rumors, which makes the stock market very volatile and hard to read.FOMO
Not sure if I understand your point, but I can tell you owners with $10M pertfolios have a Schwab team (or other group) at their beck and call to advise and research. They do not get on and off the bandwagon.In other words ... the top 1% of stock owners that hold 53% of stocks getting on and off the buy and sell bandwagon based on daily rumors, which makes the stock market very volatile and hard to read.
Actually the Stock Market is a leading indicator of the economy.... it reacts months ahead. And hasn't the Stock Market been falling because investors have been worrying about the high interest rates and high inflation will do to the economy ? Yes it has. So when I say the Market is the economy.... I dont mean 100% of the time.The stock market has never been the economy, but much of time generally follows the economy.
They still buy and sell people's stocks based on forward looking, lots of the time rumor type information of what might happen in the future. Some are better than others, and not one of them has a crystal ball. That was basically my point.Not sure if I understand your point, but I can tell you owners with $10M pertfolios have a Schwab team (or other group) at their beck and call to advise and research. They do not get on and off the bandwagon.
What would make you want to buy stocks right now ? Or have you already ?In other words ... the top 1% of stock owners that hold 53% of stocks getting on and off the buy and sell bandwagon based on daily rumors, which makes the stock market very volatile and hard to read.
Yes, the market is a forward looking entity. Absolutely. The market is a venue where buyers and sellers meet to exchange equity shares of public corporations.Actually the Stock Market is a leading indicator of the economy.... it reacts months ahead. And hasn't the Stock Market been falling because investors have been worrying about the high interest rates and high inflation will do to the economy ? Yes it has. So when I say the Market is the economy.... I dont mean 100% of the time.
Buying time was a month ago (hind sight always 20/20, lol) ... so just watching what I have ride the upswing in the market right now. Not to say there aren't some good stocks to buy right now if the upswing continues.What would make you want to buy stocks right now ? Or have you already ?
The stock market and the economy are not correlated in time. The stock market is forward looking and will recover long before the economy does.What would make you want to buy stocks right now ?
lovely beginning to the week. ES should fall to 4000 tomorrow or wednesday. if they push price to 4130 overnite or morning its a short for the drop to 3900 byy next mondayEnd of the month gentlemen. The markets price rise this week was just as illusionary as the rollover in natgas and gasoline futures that caught CNBC printing gibberish
This past weeks price rise should fully retrace according to charts
I'll stop bragging since this isn't a trading thread lol. Lots of people fell for the end of month jamlovely beginning to the week. ES should fall to 4000 tomorrow or wednesday. if they push price to 4130 overnite or morning its a short for the drop to 3900 byy next monday
https://www.usatoday.com/story/mone...ery-warehouse-closures/10187642002/?gnt-cfr=1
What does Amazon know about the economy…. ?
https://www.cnbc.com/2022/08/01/as-...mericans-are-living-paycheck-to-paycheck.html
70% of GDP is consumer spending. Lots of folks paycheck to paycheck and cutting non necessary spending.