|
|
01-20-2022, 03:46 PM
|
#3046
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
|
Time to get those unmasked trader stock photos ready....
|
|
|
01-20-2022, 04:07 PM
|
#3047
|
Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
|
Quote:
Originally Posted by PaceAdvantage
Time to get those unmasked trader stock photos ready....
|
YES....and leave it there!!!
|
|
|
01-20-2022, 05:10 PM
|
#3048
|
PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,651
|
NETFLIX GETTING CRUSHED after hours...market did not like earnings report
|
|
|
01-20-2022, 06:27 PM
|
#3049
|
Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
|
Quote:
Originally Posted by PaceAdvantage
NETFLIX GETTING CRUSHED after hours...market did not like earnings report
|
Also they are raising rates......
First time a mega stock taking this kind of a beating...
You can get o so many subscribers before it disappears...
Last edited by geroge.burns99; 01-20-2022 at 06:28 PM.
|
|
|
01-20-2022, 09:32 PM
|
#3050
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
Household spending is going to dry up, right at the time the stupid shits at the Fed have backed themselves into raising rates.
Oh yeah and one of Russia/ China is going to get Froggy.
Good times
|
|
|
01-20-2022, 09:35 PM
|
#3051
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
Quote:
Originally Posted by geroge.burns99
Also they are raising rates......
First time a mega stock taking this kind of a beating...
You can get o so many subscribers before it disappears...
|
The streaming subscriber game is getting way over saturated. The projections in that industry have been comical for a while. Disney has been cratering for a while because the stock got way over it's ski's on pipe dream growth numbers for Disney+
|
|
|
01-21-2022, 05:32 AM
|
#3052
|
Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
|
S&P broke the 4500 level......
Downward spiral ?
Pre-Market almost flat.....
Worst day yesterday....morning up $3000...end of day down $3000
|
|
|
01-21-2022, 05:54 AM
|
#3053
|
Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
|
Not good news when a Vanguard Fund hits a 52 week low....
Are they saying small businesses are doomed?
|
|
|
01-21-2022, 09:27 AM
|
#3054
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
As I said in another thread: the market is very sick. I suspect the 2022 highs are already in, and if not, any new highs will be short lived. The Fed HAS to raise interest rates, and it will crush a market that already is in a technical downturn. The rise of meme stocks, NFTs and Dogecoin are all signs of advanced speculative mania. The only questions are how low will it go, and for how long?
|
|
|
01-21-2022, 10:23 AM
|
#3055
|
Registered User
Join Date: Feb 2019
Posts: 1,287
|
Quote:
Originally Posted by Valuist
As I said in another thread: the market is very sick. I suspect the 2022 highs are already in, and if not, any new highs will be short lived. The Fed HAS to raise interest rates, and it will crush a market that already is in a technical downturn. The rise of meme stocks, NFTs and Dogecoin are all signs of advanced speculative mania. The only questions are how low will it go, and for how long?
|
that's what I thought about last year
so much uncertainty, so much fear, so many stores closing near me,
so many businesses going at half speed - people dying and getting sick left and right
but the S&P gained 26.9% for the year - 2021
now you know what I think about where the market is headed?
I think nothing - I think I have zero ability at all to predict market moves - short term
I just hang with my index funds and take whatever it gives me or accept whatever it takes away
well, I do think one thing - the bulls want to roar - even if they're holding back now - and they'll start roaring again even with just a tiny little reason to cheer
that is the nature of the thing - it's not really at all logical
.
__________________
believe only half of what you see.....and nothing that you hear..................Edgar Allan Poe
Last edited by Half Smoke; 01-21-2022 at 10:30 AM.
|
|
|
01-21-2022, 11:25 AM
|
#3056
|
Registered User
Join Date: Feb 2003
Location: NE Ohio
Posts: 16,487
|
Quote:
Originally Posted by Half Smoke
but the S&P gained 26.9% for the year - 2021
.
|
But that was basically five stocks making up the lion's share of those gains. The Fed HAS to raise rates and they know it, and it will cripple markets. I already cited the zaniness we've seen in the past year. Sometimes craziness can last longer than one anticipates.
|
|
|
01-21-2022, 02:49 PM
|
#3057
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
The Fed sat on their hands last year and allowed the party to keep going.
2022 will be time to pay the piper. I agree that the high for the year is already in. This market will be down at least 20% and possibly 30% by July.
|
|
|
01-21-2022, 04:21 PM
|
#3058
|
Registered User
Join Date: Feb 2019
Posts: 1,287
|
Quote:
Originally Posted by Valuist
The Fed HAS to raise rates and they know it, and it will cripple markets.
|
interesting (to me anyway) an alternative point of view about rising rates from a Blackrock portfolio Manager.
I'm sure you will disagree, but anyway, he writes - quote:
"higher rates are generally accompanied with faster economics and earnings growth"
historically, stock valuations are more likely to rise than fall when rates are rising from low levels, as is the case today
since 1995, in months when the 10 year U.S. Treasury yield rose by more than 50 basis points, over the following 3 months the S&P 500 posted a price gain of 3.2%, roughly 100 basis points higher than a typical month"
is he just a tout trying to keep investors from dumping stocks?
I dunno
https://www.blackrock.com/sg/en/insi...-derail-stocks
.
__________________
believe only half of what you see.....and nothing that you hear..................Edgar Allan Poe
Last edited by Half Smoke; 01-21-2022 at 04:23 PM.
|
|
|
01-21-2022, 07:17 PM
|
#3059
|
Registered User
Join Date: Nov 2012
Location: Bakersfield, CA
Posts: 1,791
|
Quote:
Originally Posted by Half Smoke
interesting (to me anyway) an alternative point of view about rising rates from a Blackrock portfolio Manager.
I'm sure you will disagree, but anyway, he writes - quote:
"higher rates are generally accompanied with faster economics and earnings growth"
historically, stock valuations are more likely to rise than fall when rates are rising from low levels, as is the case today
since 1995, in months when the 10 year U.S. Treasury yield rose by more than 50 basis points, over the following 3 months the S&P 500 posted a price gain of 3.2%, roughly 100 basis points higher than a typical month"
is he just a tout trying to keep investors from dumping stocks?
I dunno
https://www.blackrock.com/sg/en/insi...-derail-stocks
.
|
Typically an interest rate rise is going to come when the economy is doing well, so it's not that hard to believe what he is saying.
The problem we have here is that the economy has some potential problems. First off the last two years have seen perhaps the greatest levels of government giving money away in history, that has now dried up.
We also notice that his numbers are "since 1995" which means no period of inflation anywhere close to the current level is included.
The stock market specifically has spent a very long time being the best asset class for money to flow to, it hasn't had any competition for investment dollars. Thus the market has gotten more and more speculative. P/E ratios were near record highs and people were buying into things like crypto and pre-revenue companies like drug addicts in a back alley.
Mix in the supply chain issues and the potential for Russia or China to cause military problems and you easily will have more sellers than buyers in this market for a while.
|
|
|
01-23-2022, 07:09 PM
|
#3060
|
Veteran
Join Date: May 2021
Location: NYC
Posts: 1,554
|
Pre-markets all up ....
but
Not falling for that shit again
Not getting excited till we have a few + days....and over 4500+
|
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
|