U.S. stocks continue to soar!

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rascott
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Re: U.S. stocks continue to soar!

Post by rascott » Fri Jul 26, 2019 9:52 pm

AerialWombat wrote:
Fri Jul 26, 2019 9:33 pm
rascott wrote:
Fri Jul 26, 2019 3:29 pm
100% equities
100% of the time
100% of my life
With every new market high, I'm ever more grateful that I'm not in broad public equities. The higher they go, the harder they fall!

Permabears, unite! :sharebeer
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.

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Bluce
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Re: U.S. stocks continue to soar!

Post by Bluce » Fri Jul 26, 2019 10:13 pm

rascott wrote:
Fri Jul 26, 2019 9:52 pm
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.

rascott
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Re: U.S. stocks continue to soar!

Post by rascott » Fri Jul 26, 2019 10:31 pm

Bluce wrote:
Fri Jul 26, 2019 10:13 pm
rascott wrote:
Fri Jul 26, 2019 9:52 pm
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.

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Sat Jul 27, 2019 8:35 am

AnalogKid22 wrote:
Fri Jul 26, 2019 9:48 pm
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.
Bluce wrote:
Fri Jul 26, 2019 10:13 pm
rascott wrote:
Fri Jul 26, 2019 9:52 pm
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.

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JoMoney
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Re: U.S. stocks continue to soar!

Post by JoMoney » Sat Jul 27, 2019 10:43 am

HA! :D Thank you for the laugh. J G, your Kevin O'Leary comment made my day.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

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AnalogKid22
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Re: U.S. stocks continue to soar!

Post by AnalogKid22 » Sat Jul 27, 2019 11:21 am

J G Bankerton wrote:
Sat Jul 27, 2019 8:35 am
AnalogKid22 wrote:
Fri Jul 26, 2019 9:48 pm
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

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Bluce
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Re: U.S. stocks continue to soar!

Post by Bluce » Tue Aug 06, 2019 8:54 am

First in. :shock:

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

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Tue Aug 06, 2019 8:59 am

Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

It's different this time, the "free fall" is over, lock the other thread. :annoyed
Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%. :oops:

retiringwhen
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Re: U.S. stocks continue to soar!

Post by retiringwhen » Tue Aug 06, 2019 9:33 am

J G Bankerton wrote:
Tue Aug 06, 2019 8:59 am
Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

It's different this time, the "free fall" is over, lock the other thread. :annoyed
Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%. :oops:
I thought you only bought VTI. Are you secretly buying BIV too?

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Tue Aug 06, 2019 11:12 am

retiringwhen wrote:
Tue Aug 06, 2019 9:33 am
J G Bankerton wrote:
Tue Aug 06, 2019 8:59 am
Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

It's different this time, the "free fall" is over, lock the other thread. :annoyed
Not so fast, a few of my buys from yesterday are still in the free-fall category; down .8%. :oops:
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. :greedy

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pokebowl
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Re: U.S. stocks continue to soar!

Post by pokebowl » Tue Aug 06, 2019 2:14 pm

Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

It's different this time, the "free fall" is over, lock the other thread. :annoyed
Who here remembers the great crash of early August 2019?
Nullius in verba.

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Doom&Gloom
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Re: U.S. stocks continue to soar!

Post by Doom&Gloom » Tue Aug 06, 2019 2:30 pm

pokebowl wrote:
Tue Aug 06, 2019 2:14 pm
Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

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

H-Town
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Re: U.S. stocks continue to soar!

Post by H-Town » Tue Aug 06, 2019 2:33 pm

Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

It's different this time, the "free fall" is over, lock the other thread. :annoyed
Tomorrow will be a different day. Long live the free fall thread.

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Tue Aug 06, 2019 3:00 pm

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. 8-)
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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Stinky
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Re: U.S. stocks continue to soar!

Post by Stinky » Thu Aug 08, 2019 9:36 am

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 a GREAT day to be alive - Travis Tritt

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Bluce
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Re: U.S. stocks continue to soar!

Post by Bluce » Thu Aug 08, 2019 9:52 am

Stinky wrote:
Thu Aug 08, 2019 9:36 am
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! :moneybag

stocknoob4111
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Re: U.S. stocks continue to soar!

Post by stocknoob4111 » Thu Aug 08, 2019 9:53 am

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

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Doom&Gloom
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Re: U.S. stocks continue to soar!

Post by Doom&Gloom » Thu Aug 08, 2019 11:42 am

Dead cats bounce to the heavens!

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Thu Aug 08, 2019 11:48 am

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

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Thu Aug 08, 2019 11:51 am

Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
Dead cats bounce to the heavens!
... and there's a whole dead cat in every bar of Dead Cat Soap.
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

H-Town
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Re: U.S. stocks continue to soar!

Post by H-Town » Thu Aug 08, 2019 12:03 pm

Bluce wrote:
Thu Aug 08, 2019 9:52 am
Stinky wrote:
Thu Aug 08, 2019 9:36 am
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! :moneybag
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.

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Thu Aug 08, 2019 12:17 pm

H-Town wrote:
Thu Aug 08, 2019 12:03 pm
Bluce wrote:
Thu Aug 08, 2019 9:52 am
Stinky wrote:
Thu Aug 08, 2019 9:36 am
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! :moneybag
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
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Re: U.S. stocks continue to soar!

Post by GoldenFinch » Thu Aug 08, 2019 12:31 pm

pokebowl wrote:
Tue Aug 06, 2019 2:14 pm
Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

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

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Thu Aug 08, 2019 1:56 pm

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.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

retiringwhen
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Re: U.S. stocks continue to soar!

Post by retiringwhen » Thu Aug 08, 2019 2:14 pm

willthrill81 wrote:
Thu Aug 08, 2019 1:56 pm
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 :)

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Thu Aug 08, 2019 2:51 pm

retiringwhen wrote:
Thu Aug 08, 2019 2:14 pm

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
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Re: U.S. stocks continue to soar!

Post by MJS » Thu Aug 08, 2019 2:52 pm

willthrill81 wrote:
Thu Aug 08, 2019 1:56 pm
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. :sharebeer

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Thu Aug 08, 2019 3:00 pm

MJS wrote:
Thu Aug 08, 2019 2:52 pm
willthrill81 wrote:
Thu Aug 08, 2019 1:56 pm
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. :sharebeer
Good point. :wink:
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

limeyx
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Re: U.S. stocks continue to soar!

Post by limeyx » Thu Aug 08, 2019 3:10 pm

pokebowl wrote:
Tue Aug 06, 2019 2:14 pm
Bluce wrote:
Tue Aug 06, 2019 8:54 am
First in. :shock:

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

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Thu Aug 08, 2019 3:22 pm

Bouncy, bouncy... bouncy, bouncy

https://www.youtube.com/watch?v=z5jrqe8ryJ8
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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Ricchan
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Re: U.S. stocks continue to soar!

Post by Ricchan » Thu Aug 08, 2019 3:26 pm

Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
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. :D

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DanMahowny
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Re: U.S. stocks continue to soar!

Post by DanMahowny » Thu Aug 08, 2019 3:40 pm

The Plunge Protection Team remains active.
Funding secured

retiringwhen
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Re: U.S. stocks continue to soar!

Post by retiringwhen » Thu Aug 08, 2019 3:43 pm

J G Bankerton wrote:
Thu Aug 08, 2019 2:51 pm
retiringwhen wrote:
Thu Aug 08, 2019 2:14 pm

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
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Re: U.S. stocks continue to soar!

Post by firebirdparts » Thu Aug 08, 2019 3:45 pm

Ricchan wrote:
Thu Aug 08, 2019 3:26 pm
Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
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. :D
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".

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Thu Aug 08, 2019 3:47 pm

firebirdparts wrote:
Thu Aug 08, 2019 3:45 pm
Ricchan wrote:
Thu Aug 08, 2019 3:26 pm
Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
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. :D
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."
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

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Doom&Gloom
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Re: U.S. stocks continue to soar!

Post by Doom&Gloom » Thu Aug 08, 2019 4:26 pm

DanMahowny wrote:
Thu Aug 08, 2019 3:40 pm
The Plunge Protection Team remains active.
LOL

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

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dogagility
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Re: U.S. stocks continue to soar!

Post by dogagility » Thu Aug 08, 2019 4:30 pm

Optimists rejoice!
Taking "risk" since 1995.

EddyB
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Re: U.S. stocks continue to soar!

Post by EddyB » Thu Aug 08, 2019 4:31 pm

willthrill81 wrote:
Thu Aug 08, 2019 3:47 pm
firebirdparts wrote:
Thu Aug 08, 2019 3:45 pm
Ricchan wrote:
Thu Aug 08, 2019 3:26 pm
Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
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. :D
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.

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Tue Aug 13, 2019 8:52 am

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

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Bluce
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Re: U.S. stocks continue to soar!

Post by Bluce » Tue Aug 13, 2019 9:21 am

I guess we're in this thread today? :shock:

It's hard to keep up -- I'm glad I'm a Buy & Holder! 8-)

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AnalogKid22
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Re: U.S. stocks continue to soar!

Post by AnalogKid22 » Tue Aug 13, 2019 10:12 am

Bluce wrote:
Tue Aug 13, 2019 9:21 am
I guess we're in this thread today? :shock:

It's hard to keep up -- I'm glad I'm a Buy & Holder! 8-)
+1 - Attempting to buy the dip or catch a falling knife during these major market swings can wreak havoc on one's portfolio.

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Tue Aug 13, 2019 10:18 am

EddyB wrote:
Thu Aug 08, 2019 4:31 pm
willthrill81 wrote:
Thu Aug 08, 2019 3:47 pm
firebirdparts wrote:
Thu Aug 08, 2019 3:45 pm
Ricchan wrote:
Thu Aug 08, 2019 3:26 pm
Doom&Gloom wrote:
Thu Aug 08, 2019 11:42 am
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. :D
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.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

AnonJohn
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Re: U.S. stocks continue to soar!

Post by AnonJohn » Tue Aug 13, 2019 11:04 am

Mostly dead is slightly alive!

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

H-Town
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Re: U.S. stocks continue to soar!

Post by H-Town » Tue Aug 13, 2019 11:24 am

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.

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willthrill81
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Re: U.S. stocks continue to soar!

Post by willthrill81 » Tue Aug 13, 2019 11:42 am

H-Town wrote:
Tue Aug 13, 2019 11:24 am
Hold your horses. It just takes one tweet to send put everything down the drain on a really good sale.
Fixed! :wink:
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

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oldzey
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Re: U.S. stocks continue to soar!

Post by oldzey » Tue Aug 13, 2019 12:15 pm

"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton » Tue Aug 13, 2019 12:19 pm

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. :mrgreen:

peppers
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Re: U.S. stocks continue to soar!

Post by peppers » Tue Aug 13, 2019 12:20 pm

willthrill81 wrote:
Tue Aug 13, 2019 10:18 am
EddyB wrote:
Thu Aug 08, 2019 4:31 pm
willthrill81 wrote:
Thu Aug 08, 2019 3:47 pm
firebirdparts wrote:
Thu Aug 08, 2019 3:45 pm
Ricchan wrote:
Thu Aug 08, 2019 3:26 pm


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. :D
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.
"..the cavalry ain't comin' kid, you're on your own..."

H-Town
Posts: 2016
Joined: Sun Feb 26, 2017 2:08 pm

Re: U.S. stocks continue to soar!

Post by H-Town » Tue Aug 13, 2019 1:18 pm

willthrill81 wrote:
Tue Aug 13, 2019 11:42 am
H-Town wrote:
Tue Aug 13, 2019 11:24 am
Hold your horses. It just takes one tweet to send put everything down the drain on a really good sale.
Fixed! :wink:
LOL It's much better.

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oldzey
Posts: 1345
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Location: Land of Lincoln

Re: U.S. stocks continue to soar!

Post by oldzey » Thu Aug 15, 2019 7:26 pm

Better than yesterday! :P
"The broker said the stock was 'poised to move.' Silly me, I thought he meant up." ― Randy Thurman

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