DriftBusta Posted January 8, 2020 Share Posted January 8, 2020 2 hours ago, f7ben said: Only time in history stocks have been more expensive was the dotcom bubble. That is incorrect. Off top of my head 25 yr avg valuation of s+p 500 stock is around 16.7x earnings, and they were under 18x last quarter, according to data I get, and thats less than 1 std deviation from the norm. Not crazy given the earnings of those stocks. I dont like all the money going into the repo markets , but that's another matter. You’ll laugh but i see another strong close today as evidence in the confidence the markets have in Trump. Futures were off north of 400 pts and everyone though the bombs were gonna bomb the market. Look what happened. 2 hours ago, Anler said: There are no fundamentals at play here, if I was cynical I would say it looks like a massive theft is in the works. Calm down 2 hours ago, f7ben said: I think that central banks globally are indirectly buying equities. It is the only explanation There would be proof of that. You guys got some wild imaginations Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 8, 2020 Share Posted January 8, 2020 2 hours ago, Anler said: There are no fundamentals at play here, if I was cynical I would say it looks like a massive theft is in the works. You do know the markets have not been positive every year since 2008? You also understand there are many other good investments with zero market influence. If I invested in private REITs with zero market exposure in 2005 instead of public equities, I would be even further ahead than today. That's a tuff act to follow bud. Quote Link to comment Share on other sites More sharing options...
Gold Member BOHICA Posted January 9, 2020 Gold Member Share Posted January 9, 2020 On 1/7/2020 at 6:11 PM, Polaris 550 said: Here we go!!! Just like I said, something is gonna' happen to the market!!!! Goddamn fuck, goddamn fuck, goddamn fuck the Middle fukkin' east!! Dow futures are down 350 points!! Goddamn fuck Trump, the market, the middle east, and every fukkin thing in this fukkin world!! Don’t look now but you are prolly the wealthiest you ever been!!! markets responding well to the kill of the Iranian general as the Iran government bows to Trumps wishes! Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2020 Share Posted January 9, 2020 9 minutes ago, BOHICA said: Don’t look now but you are prolly the wealthiest you ever been!!! markets responding well to the kill of the Iranian general as the Iran government bows to Trumps wishes! Yes, you're right. However, it's the volatility that I hate. At the slightest blow of a leaf, I can lose a ton. What keeps me in, is my greed. Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2020 Share Posted January 9, 2020 If the China, and Mexico trade deals get finalized, the market should spike. However, then we have the fukkin' impeachment bullshit clouding everything. It's all a gamble. That's what I hate...………...the uncertainty. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 9, 2020 Share Posted January 9, 2020 27 minutes ago, Polaris 550 said: Yes, you're right. However, it's the volatility that I hate. At the slightest blow of a leaf, I can lose a ton. What keeps me in, is my greed. It goes with the territory. Quote Link to comment Share on other sites More sharing options...
Pete Posted January 9, 2020 Share Posted January 9, 2020 up 130+ cool Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2020 Share Posted January 9, 2020 1 minute ago, ArcticCrusher said: It goes with the territory. Yup. I shouldn't complain, I have made a lot of dollar bills this past year. I'll try to stop whining, but it will be difficult for me to do. Quote Link to comment Share on other sites More sharing options...
f7ben Posted January 9, 2020 Share Posted January 9, 2020 16 hours ago, DriftBusta said: That is incorrect. Off top of my head 25 yr avg valuation of s+p 500 stock is around 16.7x earnings, and they were under 18x last quarter, according to data I get, and thats less than 1 std deviation from the norm. Not crazy given the earnings of those stocks. I dont like all the money going into the repo markets , but that's another matter. You’ll laugh but i see another strong close today as evidence in the confidence the markets have in Trump. Futures were off north of 400 pts and everyone though the bombs were gonna bomb the market. Look what happened. Calm down There would be proof of that. You guys got some wild imaginations Inflation adjusted which us the only relevant way to measure PE says you're wrong. https://www.multpl.com/shiller-pe Quote Link to comment Share on other sites More sharing options...
The One Posted January 9, 2020 Share Posted January 9, 2020 47 minutes ago, Polaris 550 said: Yup. I shouldn't complain, I have made a lot of dollar bills this past year. I'll try to stop whining, but it will be difficult for me to do. Horse shit Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 9, 2020 Share Posted January 9, 2020 (edited) 36 minutes ago, f7ben said: Inflation adjusted which us the only relevant way to measure PE says you're wrong. https://www.multpl.com/shiller-pe Yeah ok. Don’t quit your day job Ben. Edited January 9, 2020 by DriftBusta Quote Link to comment Share on other sites More sharing options...
f7ben Posted January 9, 2020 Share Posted January 9, 2020 Just now, DriftBusta said: Yeah ok. Don’t quit your day job Ben. I was correct and you were not. Sorry Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 9, 2020 Share Posted January 9, 2020 4 minutes ago, DriftBusta said: Yeah ok. Don’t quit your day job Ben. I'm sure Buffet and Danoff both have that chart on their office wall. Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2020 Share Posted January 9, 2020 7 minutes ago, The One said: Horse shit OK, if I made some money this year, can I hit you?? Seriously, how much would I have had to make this past year, for me to LEGALLY strike you with a MAGLITE???? Quote Link to comment Share on other sites More sharing options...
The One Posted January 9, 2020 Share Posted January 9, 2020 Just now, Polaris 550 said: OK, if I made some money this year, can I hit you?? Seriously, how much would I have had to make this past year, for me to LEGALLY strike you with a MAGLITE???? U have no money Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 9, 2020 Share Posted January 9, 2020 8 minutes ago, f7ben said: I was correct and you were not. Sorry Look again Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted January 9, 2020 Share Posted January 9, 2020 Bought some TSLA today....fuck it. Down almost 2% in the day, market up north of 200. That goddamn Schiller index! Quote Link to comment Share on other sites More sharing options...
Guest Posted January 9, 2020 Share Posted January 9, 2020 Made numerous dollar bills today. If this keeps up I'll probably hit a big milestone before long. Quote Link to comment Share on other sites More sharing options...
Angry ginger Posted January 9, 2020 Share Posted January 9, 2020 29 minutes ago, Polaris 550 said: Made numerous dollar bills today. If this keeps up I'll probably hit a big milestone before long. your accounts gonna hit 3 figures 1 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 10, 2020 Share Posted January 10, 2020 42 minutes ago, Polaris 550 said: Made numerous dollar bills today. If this keeps up I'll probably hit a big milestone before long. Likely 3 new sleds with all the fixings after all the numbers come in. What are you waiting for? Quote Link to comment Share on other sites More sharing options...
awful knawful Posted January 10, 2020 Share Posted January 10, 2020 46 minutes ago, ArcticCrusher said: Likely 3 new sleds with all the fixings after all the numbers come in. What are you waiting for? 2 Quote Link to comment Share on other sites More sharing options...
The One Posted January 10, 2020 Share Posted January 10, 2020 2 hours ago, Polaris 550 said: Made numerous dollar bills today. If this keeps up I'll probably hit a big milestone before long. Lmmfao B.S Quote Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2020 Share Posted January 15, 2020 I thought the market would explode today. Only moderate gains. BFD. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted January 15, 2020 Share Posted January 15, 2020 3 minutes ago, Polaris 550 said: I thought the market would explode today. Only moderate gains. BFD. Pretty sure it's been priced in already. Nice to see it bump up a bit regardless. Quote Link to comment Share on other sites More sharing options...
Guest Posted January 15, 2020 Share Posted January 15, 2020 3 hours ago, ArcticCrusher said: Pretty sure it's been priced in already. Nice to see it bump up a bit regardless. We got a couple of days to go. Maybe it will bump up. I don't know. Quote Link to comment Share on other sites More sharing options...
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