All time high

Hope it keeps going.

The Fed prints and the market goes up. Looks like debt doesn’t matter anymore until it does.

Winning winning winning!

I’m all in.

Me to. I'm 100% equity except for some holdback in my checking account.

Truth

Imagine what will happen when US peeps limit their consumption...


It represents 63% of our gdp

I haven't worked a day in over a year and have a lot more money than when I retired.

So go ahead and short this market.Let us know how that works out for you.

I am starting to take some chips off the table.

Profit taking started yesterday

I got a call from our investment person on Monday, we did the same thing.

Financial titans of the THF.

MAGA!!!

Thank you President Trump!

I got out in time for the dot com bubble and also in the housing bubble, this bubble will burst also, this time is NOT different.
“Know when to hold them and no when to fold them”
Risk/Reward and Fear/Greed, when all the little people are “all in”is when the table will be swept again.

I saw a round table discussion video recently. I forgot all the names, but respectable financial people in their fields. They were talking about the Federal Reserve farce on this market. One said, "If you don't see the bubble you won't see the pin."

Chit man.................the next thing .gov will do is start rolling part of social security into the stock market...................stock market to 100k.


Come on Mannnnnnnnnnnnn......your money is a honey pot.........in Joe Bidens voice.


Nothing can stop the stock market now

Is this stock market a place to find a good deal on rifle stocks? That's about how much I know about it lol

I thought this was about takewhatyoucan,....

What you saying Boy?

Wait, my apologies, I meant "Normal as can be"

Just messing with ya................no weed in 3 years here.

I don't understand this mentality either, not by a long stretch.

You don't understand QE?

Buy low, sell high and repeat. Simple concept really.

It's NORML an acronym for, National Organization Reform Marijuana Laws

Whats the bubble and what is the date it will burst?

Me Too! I'm about 90% in long, but that other 10% changes daily if not hourly up or down. Been killing it every day scalping and day trading on the side.

I am blaming it on spellcheck.

I rode through every crash and dip since the early 1980s. I'll do fine through the next one and probably make money on it. This bull run has lasted so long that there is an entire generation throwing money in it who have never lived through a recession or seen a market crash in their adult lives. Other than the stoners that already gambled it all away on cannabis stocks, making money in the market has been stupid easy over the last 5 years. Much of that young generation of investors will be in for a real rough time and likely make a lot of poor decisions with those investments when that crash and recession does come.

This


Plus I have to add the impatience of new generation investors.
Back in the day, I relied on 1 yearly statement, and looooong was considered 20-30 years.
Now, folks checking daily and loooong is considered 1-5 years.
I still have majority of my stocks bought pre euro currency (20 plus years) and the dividends alone have been welcome.
I also never understood folks going all in on wedding day, when they can barely afford it. It will take years to recuperate that money lost over 10 hours.

I been all in since 1990. If you can time the market you are smarter than anyone, I can’t, I don’t even try. I don’t believe you can time the market, odds are against you seeing how the market goes up more than it goes down.

To me it boils down to what you can stomach. One thing I have always said, I would rather be in the market when goes down than not being in it when it goes up. The day the market does not go up long term, we are all in trouble anyway, the world is probably coming to an end. I said these same words last bear market March 4 2009, the market hit rock bottom, and it was doom and gloom back then.

https://texashuntingforum.com/forum/ubbthreads.php/topics/623738/1

There is no bubble........those who try to time the market or invest with emotion are the victims .........and somebody always is, aren't they?

One thing I have always believed is that the market gets smarter over time, and becomes more efficient, and this takes volatility out of the market and minimizes the probability of big corrections. Every crash going back to 1929, there were lessons learned to avoid them, or the severity of them. Financial forecasting models get better each year, volumes continue to grow, all this makes markets more efficient every passing day.

1929 lesson learned is that the government needs to step in and lend money to risk takers, there were investors back then ready to "buy" but no private bank would lend money. Black Monday 1989, (I was actually working for Shearson Lehman Hutton Down Town Dallas back then part time while going to school and saw the melt down first hand), it was computer trading drove the crash... Lessons learned, not to happen again. The last crash, driven by mortgage companies taking too much risk, lesson learned... I'm sure the market will teach us more lessons, but the day there is little risk in the market, there will also be less return.

Computer trading had nothing whatsoever to do with October 19th, 1987. We were still on 286s. The NYSE was still elbow to elbow with people. Human trading/order placement is non-existent now. There are only a few, if any, "specialists" or market makers left.

Now the trading is by computers, the so-called "algos." For over ten years it has been referred to as HFT, High Frequency Trading. Computers literally read news headlines and place trades. Computers are trading against each other, thousands of trades per second in all markets. The fastest computer wins.

Not sure what you are saying with 286.. But yes it was 1987 not 1989, but I did as quick google search, computer trading #2 reason behind the crash, #1 over sold market. Provide links to your position on this.

https://corporatefinanceinstitute.com/resources/knowledge/trading-investing/black-monday/

286 was the processor speed, capability, of the computer. Your phone has mega times that now.

As far as links, just do some searches. "HFT, algos, etc." Computers have replaced hundreds if not thousands of people on the NYSE floor. NYSE isn't the only one. I forgot some of the others. One of the biggest firms with humans went down on 911. I forgot the name, but think they are barely still there, but with computers doing the trading.

https://www.investopedia.com/terms/h/high-frequency-trading.asp

On them hft super computers, the real estate closest to wall street gotten all of a sudden real expensive, all that to gain a few micro seconds. Hundreds of computers making small bets, but at the end of the day, constantly making tens of thousands.

Your link says nothing about Black Monday and 286 PC's had nothing to do with it, lol.

This is how I'm retiring at age 48 in a few months. All money is pulled and safe from any crash.

Guy, I'm getting error messages. I don't know how to stack up X number of messages back.

My link explained HFT trading. beaversnipe explained it even better. I didn't see the need to get that deep at that point in the conversation. High Frequency Trading is all that there is anymore.

There are firms that have literally spent millions on real estate leases to get a millisecond closer to the "main frame" of the NYSE. It is insane.

HFT,algos,automated trading, etc have a "presence" in the market but they are still not what causes stock prices to move in a particular direction. At least not over the course of several weeks/months.

Jerome Powell is the reason for market action over periods between one minute and one quarter. However, I suppose fundamentals like this are what counts. I figure somebody will come along and accuse ZH of making up these statistics. I'm sure they made it up. Anyway, go ahead and jump on Tesla. See if the ride takes you to retirement.

I guess we'll see in the morning how many more Chinese are off work in the second largest economy in the world, supplying components for what little manufacturing we have going.

https://www.zerohedge.com/news/2020-02-06/heres-something-makes-absolutely-no-sense

Anyone who tries to ride one particular growth stock to retirement is a dumba$$.....I agree with your perspective swampthang. HFT has caused more pronounced volatility and frequency, nothing more IMO.

Keep in mind you will have to create your own paycheck for 35 years........cash will not get you there unless it’s a very big pile of it......pension plans ran by metropolitan democratic infested cities are failing at an alarming rate....I hope you have a plan that addresses these risks as well as inflation and taxes......

Amazing to me that all the perma bulls here don’t mention a persons age in their investment risk appetite.
I have been retired for 8 years, made a boat load of money in the market, took more risk early in life when I had time to recover from down drafts in the markets.
I keep a small core position invested but the nest egg is diversified in multiple asset classes including cash safely on the sidelines.
When market gains are directly corresponding to the nightly amount of money the Fed is pumping into the Repo market and not companies technicals and fundamentals then the market is no longer functioning as a true price discovery mechanism.

The Fed farce started around 07-08, thought the companies actual performance is what has been sustaining the market. Historical economic models seem to be somewhat useless now.

Could get ugly Monday morning, futures are down 400 pts.
Interesting that Friday’s market loss came after the Feds smallest overnight Repo injection of only $25 Billion. I bet the Fed cranks it up tonight. Be interesting to see if the central banks can print enough to stem the tide of the virus down draft.

Dow 30 Mar 20 28,563.5 28,750.0 28,529.5 -417.5 -1.44% 22:14:55
S&P 500 Mar 20 3,290.38 3,311.25 3,285.88 -48.87 -1.46% 22:14:49
Nasdaq Mar 20 9,266.75 9,362.25 9,254.00 -191.25 -2.02% 22:14:55

Are these predictions a month from now?

No they're the coordinates for the hidden gold/National Treasure written on the back of the Declaration Of Independence.

Futures expiry date. The expiration dates for U.S. stock and stock index futures contracts fall on the third Friday of every third month. That was cut and pasted from a real time futures chart. Sorry about that. I did not even notice the date on the chart or I would have wiped it off the post. With this crazy market, unknown impact from the novel coronavirus, bernie possibly the dem presidential candidate, the media blowing up negative market headlines for ratings and political reasons, and young or inexperienced investor fears, it's going to be impossible to know when the market finds a bottom on this one. But it shall pass.

Man 720 pts and 10 Treasury yield at nearly a record low....oil sinking and gold to the moon. Gonna be a fun day

Preservation of capital works out just fine. Live to fight another day.

Dang. The democrats are loving it.

What goes up must come down.