Investors....come in please!

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Originally Posted By: Wolf359
Originally Posted By: Mr Nice
Americans don't have money to buy stocks ???
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They sure have money to buy fancy cellphones, fancy clothes and jewelry, drive fancy cars, cable TV with 250 channels, kids wearing expensive sneakers, going out to eat at restaurants, Starbucks on a regular basis, vacations, .....etc.....



Did you read the article? They may just be gun shy due to the 2009 crash. It's down but heading up again. Plus maybe they spent the money instead of investing it in the market.
The money they spent helped to push up the share value of those companies. So I say keep on shopping.
 
I don’t get it, is this 2year or 10year US treasury?

There is a saying: Don’t work hard for money, let money work hard for you!

I just opened a new position in $BBBY at a discount price; there is a small talk among investors, it could double from these levels...
 
Here's how I'm playing Bitcoin. CBOE is the options exchange. It also began trading futures options for Bitcoin on monday. And as you can see the stock isn't volatile like Bitcoin.


 
My financial guy keeps talking about volatility in '18...I see some sort of correction on the horizon, just don't know what to look for to indicate that it's imminent. I've just recently gotten to the point that there's enough in our IRA/401(k)/403(b)/HSA and CMA to worry too much about it...I hit 50 and started paying more attention.
 
There's one indicator that has never failed at predicting a recession and that is the yield curve flattening until inversion after the Fed has undergone a rate hiking cycle. That process is currently underway; each time the Fed raises the Fed funds, 10 year yields only rise ever so slightly if at all, and 30 year yields have fallen. If/when we it starts inverting, it;ll be time to watch out. A guy a follow has a model that is fairly accurate at predicting this process and subsequent recession. and it indicates we're 12-18 months out.
 
$BBBY is its ER for 3rd quarter is tomorrow after markets close; I’m holding into earnings; if it misses it is time to load for you guys, if it beats then it is too late
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Drew,

I think tax reform, low unemployment, decent economic growth, decent corporate earnings and slowly increasing interest rates will have the market doing well for the next 2 years.

I have to admit I'm 100% in stocks and ETFs..... zero bonds in my portfolio whether it's retirement or brokerage account.

Some say your portfolio should have the percentage of bonds equal to your age.
 
Originally Posted By: miden851
I don’t get it, is this 2year or 10year US treasury?



It's 2 yr over 10 yr yields; it's the yield curve. When the line is rising, the curve is flattening - 2 yrs are rising faster than 10 years or 10 years are falling compared to 2 yrs. Once it goes over 1, the yield curve is inverted and recessions usually follow. You can see the trend is going up pretty fast now.

If/when it inverts around Dow 30,000, (rubs crystal ball), I think a long term top will be in, as I keep saying, dow 30,000 is where price will meet the Dow Industrials historic (as in centuries long - look it up on a chart) long term trendline. That trendline has halted price everytime and I'm certain many market participants are watching it!
 
Originally Posted By: Drew99GT
There's one indicator that has never failed at predicting a recession and that is the yield curve flattening until inversion after the Fed has undergone a rate hiking cycle. That process is currently underway; each time the Fed raises the Fed funds, 10 year yields only rise ever so slightly if at all, and 30 year yields have fallen. If/when we it starts inverting, it;ll be time to watch out. A guy a follow has a model that is fairly accurate at predicting this process and subsequent recession. and it indicates we're 12-18 months out.

Thanks Drew, good info. Also, I expect at least one dip before the end of the year. Sooner or later folks are going to start to take some profits. Just because, it's what I did last year.
 
Sold some today...Been holding some stock at a loss and decided just to get out ahead of the earnings run-up. The market still looks good though but extremely overbought. GL
 
Originally Posted By: Mr Nice
Caterpillar stock will pop tomorrow morning because of the infrastructure spending ____ will talk about at 9 PM tonight....


Well, I bought CAT in the summer of 2008 for $34.09...so, while the Dow was off today, CAT was up, and still has a place in our portfolio. CAT is a good company. Good products. Good future.
 
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