U.S. stocks continue to soar!

[rascott]

I've been investing for 20+ years, all equities, all the time. I love big pullbacks, it's when I really ramp up the savings rates...until it hurts.

Even with two horrific bear markets in the last 18 years.... things have worked out very nicely.

Let me guess: You are either quite young, or you have a fat pension waiting for you when you retire.

I do own rental properties so my allocations I mentioned aren't really accurate. No pension and am 38. Targeting retirement in 15-17 years. Likely start adding some fixed income in roughly a decade or so....depending upon what the RE portfolio looks like at that time, or if I decide to divest out of that game.

[J G Bankerton]

Kevin O”Leary predicts the bull will run for another two years.
https://youtu.be/uran2Ev4I34

O'Leary is why the US should build a northern wall.
He said 46% of the S&P is in foreign earnings. That is why I don't need VXUS.

I've been investing for 20+ years, all equities, all the time. I love big pullbacks, it's when I really ramp up the savings rates...until it hurts.

Even with two horrific bear markets in the last 18 years.... things have worked out very nicely.

Let me guess: You are either quite young, or you have a fat pension waiting for you when you retire.

Me too, I have more guarantied money coming in every month than I need. I can afford to go all in all the time. I would not like having to rely on investments to survive, that would take all the fun out of it.

[JoMoney]

HA! Thank you for the laugh. J G, your Kevin O'Leary comment made my day.

[AnalogKid22]

Kevin O”Leary predicts the bull will run for another two years.
https://youtu.be/uran2Ev4I34

O'Leary is why the US should build a northern wall.
He said 46% of the S&P is in foreign earnings. That is why I don't need VXUS.

I liked that bit as well. The percentage of foreign revenue in the S&P500 was nearly 44% in 2017, so it appears to be on an upward trend. Also glad I TLH'd all shares of VTIAX two years ago.

https://www.prnewswire.com/news-release ... 98039.html

[Bluce]

First in.

It's different this time, the "free fall" is over, lock the other thread.

[J G Bankerton]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%.

[retiringwhen]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%.

I thought you only bought VTI. Are you secretly buying BIV too?

[J G Bankerton]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%.

I thought you only bought VTI. Are you secretly buying BIV too?

My buy bots at 149 and 148 bought double VTI at 147.18 at the open free-fall. The later buys are doing better.

[pokebowl]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Who here remembers the great crash of early August 2019?

[Doom&Gloom]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Who here remembers the great crash of early August 2019?

I still recall where I was when I heard the news in '87. Can't even remember if the crash of August '19 was this week or last week

[H-Town]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Tomorrow will be a different day. Long live the free fall thread.

[oldzey]

Thanks go to my HR Dept., for waiting until after the weekend to process my 403b monthly contributions (equities were 3% cheaper on Monday).

Thanks also go to Mr. Market, for the 1.5% bounce back on Tuesday.

Not a bad start to the week.

[Stinky]

Time for this thread to push the "free fall" thread into the background.

S&P 500 back to trading above 2,900.

Happy days are here again!!

[Bluce]

Time for this thread to push the "free fall" thread into the background.

S&P 500 back to trading above 2,900.

Happy days are here again!!

It's different this time. We are in a perma-bull market!

[stocknoob4111]

it's free falling... if you turn the chart upside down

[Doom&Gloom]

Dead cats bounce to the heavens!

[J G Bankerton]

The algorithms were faked out by the "news" again. Buy the dip if the fundamentals are good.

[oldzey]

Dead cats bounce to the heavens!

... and there's a whole dead cat in every bar of Dead Cat Soap.

[H-Town]

Time for this thread to push the "free fall" thread into the background.

S&P 500 back to trading above 2,900.

Happy days are here again!!

It's different this time. We are in a perma-bull market!

Bad news for young accumulators. Good news for retirees. Regardless of good or bad news, it's a good time to rebalance and move back to your appropriate AA.

[J G Bankerton]

Time for this thread to push the "free fall" thread into the background.

S&P 500 back to trading above 2,900.

Happy days are here again!!

It's different this time. We are in a perma-bull market!

Bad news for young accumulators. Good news for retirees. Regardless of good or bad news, it's a good time to rebalance and move back to your appropriate AA.

For once a year rebalancers there in nothing to rebalance, VTI, less dividends, is where it was a year ago. Rebalancing is OK for tax advantaged arrangements but in a taxable arraignment it could cost as much as 1/2 the gains in taxes.

[GoldenFinch]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Who here remembers the great crash of early August 2019?

It was brutal! But thankfully my memory of the horror is fading since it was so many hours ago.

[willthrill81]

It seems that the market has gotten over its little temper tantrum. Lately, the market has been seemingly acting more like an unruly two year old than a rational adult.

[retiringwhen]

It seems that the market has gotten over its little temper tantrum. Lately, the market has been seemingly acting more like an unruly two year old than a rational adult.

I've been reading Mandelbrot's "(Mis)behavior of Markets" (almost done) and one of the key takeaways for me is that periods like this happen a lot more than we expect so they constantly take us by surprise. Truth is they happen much more often than our memories allow. Since they don't hurt too much in the long-run, we quickly forget, but our spidey-sense does tingle in the moment. No, he did not mention Spiderman

[J G Bankerton]

I've been reading Mandelbrot's "(Mis)behavior of Markets" (almost done) and one of the key takeaways for me is that periods like this happen a lot more than we expect so they constantly take us by surprise.

That is hard to tell by looking charts, they go by opening and closing price. They don't take into account a 6% swing during the day when the open and close price are the same.

This is supposed to be a perfect market for managed accounts but they are still lagging the index.

[MJS]

It seems that the market has gotten over its little temper tantrum. Lately, the market has been seemingly acting more like an unruly two year old than a rational adult.

There was a time when the market was Rational? And Adult? Oh, wow! Maybe those days will come again.

[willthrill81]

It seems that the market has gotten over its little temper tantrum. Lately, the market has been seemingly acting more like an unruly two year old than a rational adult.

There was a time when the market was Rational? And Adult? Oh, wow! Maybe those days will come again.

Good point.

[limeyx]

First in.

It's different this time, the "free fall" is over, lock the other thread.

Who here remembers the great crash of early August 2019?

My therapy bill is enormous from this event and reminding me of it isn't helping !

[oldzey]

Bouncy, bouncy... bouncy, bouncy

https://www.youtube.com/watch?v=z5jrqe8ryJ8

[Ricchan]

Dead cats bounce to the heavens!

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

[DanMahowny]

The Plunge Protection Team remains active.

[retiringwhen]

I've been reading Mandelbrot's "(Mis)behavior of Markets" (almost done) and one of the key takeaways for me is that periods like this happen a lot more than we expect so they constantly take us by surprise.

That is hard to tell by looking charts, they go by opening and closing price. They don't take into account a 6% swing during the day when the open and close price are the same.

This is supposed to be a perfect market for managed accounts but they are still lagging the index.

Mandelbrot’s Fractal Geometry actually explicitly addresses this. That is what is actually quite innovative about his take on volatility. His key take-way is that markets are much more volatile than the standard model and he even tries to explain its behavior. He introduces a concept of time elasticity that is actually quite bizarre on first glance but is a good mental model for handling volatility at the second, minute, hour, day, week and probability month level for markets.

[firebirdparts]

Dead cats bounce to the heavens!

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

Oh, yes, mistaking one for the other is one of the classic blunders. Only slightly less well known than "Never get involved in a land war in Asia".

[willthrill81]

Dead cats bounce to the heavens!

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

Oh, yes, mistaking one for the other is one of the classic blunders. Only slightly less well known than "Never get involved in a land war in Asia".

Or the even slightly less well known "Never go in against a Sicilian when death is on the line."

[Doom&Gloom]

The Plunge Protection Team remains active.

LOL

I had forgotten that those guys were assigned to protect us. I can relax now.

[dogagility]

Optimists rejoice!

[EddyB]

Dead cats bounce to the heavens!

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

Oh, yes, mistaking one for the other is one of the classic blunders. Only slightly less well known than "Never get involved in a land war in Asia".

Or the even slightly less well known "Never go in against a Sicilian when death is on the line."

Maybe the cat was only mostly dead.

[J G Bankerton]

Happy days are here again. My last buy of VTI is up 3.6%.

[Bluce]

I guess we're in this thread today?

It's hard to keep up -- I'm glad I'm a Buy & Holder!

[AnalogKid22]

I guess we're in this thread today?

It's hard to keep up -- I'm glad I'm a Buy & Holder!

+1 - Attempting to buy the dip or catch a falling knife during these major market swings can wreak havoc on one's portfolio.

[willthrill81]

Dead cats bounce to the heavens!

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

Oh, yes, mistaking one for the other is one of the classic blunders. Only slightly less well known than "Never get involved in a land war in Asia".

Or the even slightly less well known "Never go in against a Sicilian when death is on the line."

Maybe the cat was only mostly dead.

It seems that there's a big difference between mostly dead and all dead.

[AnonJohn]

Mostly dead is slightly alive!

I'm just here for this excellent run of well-used Princess Bride quotes.

[H-Town]

Hold your horses. It just takes one tweet to send everything down the drain.

Whatever you do, just don't have high expectation or optimism of whatever ahead.

[willthrill81]

Hold your horses. It just takes one tweet to send put everything down the drain on a really good sale.

Fixed!

[oldzey]

Zap!

https://www.youtube.com/watch?v=3LN-2SGNSlU

[J G Bankerton]

I am watching the money manager talking heads on CNBC. Their eyes are popping out as they curse stock manipulation by tweet. They got whipsawed by their algorithms and are now covering their shorts.

The same heads said when volatility returned they would beat the index investors. I am amused.

[peppers]

Ah yes, the classic dead cat-that-turns-into-a-hot-air-balloon-before-hitting-the-ground-a-second-time bounce. While less well known than its sister phenomenon, taken together they accurately describe 100% of all rebounds.

Oh, yes, mistaking one for the other is one of the classic blunders. Only slightly less well known than "Never get involved in a land war in Asia".

Or the even slightly less well known "Never go in against a Sicilian when death is on the line."

Maybe the cat was only mostly dead.

It seems that there's a big difference between mostly dead and all dead.

We would have to determine how many live's the cat has gone through and how many the cat has left.

[H-Town]

Hold your horses. It just takes one tweet to send put everything down the drain on a really good sale.

Fixed!

LOL It's much better.

[oldzey]

Better than yesterday!

[CULater]

Interest rates heading to negative. Back up the truck and load up on E QUIT E's!! Party time.

[minimalistmarc]

Interest rates heading to negative. Back up the truck and load up on E QUIT E's!! Party time.

I’m already loaded up so need to wait till pay day to join the party