U.S. stocks continue to soar!

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton »

willthrill81 wrote: Mon Jul 20, 2020 6:42 pm I've got to say that I've been very happy with VUG's performance this year, +14.25% YTD. :D
Don't forget dividends; YTD Daily Total Return 17.14%. Growth has been very, very, good to me. Now I must resist selling the ranch and going all in. :greedy
langlands
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Re: U.S. stocks continue to soar!

Post by langlands »

RocketShipTech wrote: Mon Jul 20, 2020 6:52 pm
langlands wrote: Mon Jul 20, 2020 5:03 pm
If you already have the available cash (don't need to take out a loan), then there is no difference. The stream of returns is identical. In one case you're gifted 200K of "rocket ship" stock as your compensation for the year. In 4 years when it all vests, you have either 800K or 0 when the company goes bankrupt. In the other case, you make 200K salary. You invest it in "rocket ship" stock and you end up also with either 800K or 0. The only difference I see is possible tax differences. The 200K salary is after tax and then you have to pay capital gains tax again. So that could be a factor. But I don't see any difference in risk. If it feels different, it's just psychology. As you say, in one case you are "forced" to be paid in stock. That lack of agency makes it feel less risky than if you're willingly buying the stock. But it's just an illusion- the risk was when you decided to sign up for the startup that could go bust.
The lack of agency is more than psychological. It actually restricts your opportunity set.

The very concept of idiosyncratic risk assumes that you can diversify away that risk because your opportunity set is the total market.

When you are paid in deferred equity, it is a precursor to choosing your mix of idiosyncratic or systemic risk. As such you are not exposed to any risk at all - the money is not yours yet.

Happy to chat more about this but it probably require a separate thread. In the meantime if you are curious you can read up on decision theory.
I agree with you that it restricts your opportunity set. Could you explain what is so good about joining a post-IPO rocket ship for the equity again when I can simply invest in the stock of that post-IPO rocket ship? Why would I willingly put myself in a situation of massive idiosyncratic undiversifiable risk with deferred equity that might expire worthless (which is a risk before you join the company, since you have the choice of not locking yourself up in such a position)?

Of course there is one obvious reason for joining such a rocket ship, which is that you love the people/culture work they do and you want to be part of building something awesome. But I don't see the pure equity/money part of it.
Trader Joe
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Re: U.S. stocks continue to soar!

Post by Trader Joe »

The U.S. Stock Market continues to do great:

Market Summary > S&P 500 Index
INDEXSP: .INX
3,251.84 +27.11 (0.84%)
Jul 20, 5:09 PM EDT · Disclaimer
CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave »

willthrill81 wrote: Mon Jul 20, 2020 6:42 pm
...I believe it was William J. O'Neil who coined the phrase 'Buy high and sell higher'.
I don't know who came up with the phrase, but back in the mid 90s it was popular on the Motley Fool.

Somehow I think that site has gone downhill, but I was a regular there for a number of years. Maybe 1995 to 2006. Made a lot of money following their ways back then.
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mrspock
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Re: U.S. stocks continue to soar!

Post by mrspock »

Warming this thread up. Futures are SOARING! At this rate we'll be in the 3260's tomorrow and maybe 3300 within 7-10 days (maybe by EOW?). Looking forward to reading all of those "should I goto cash?" and "why is the market going up?" threads this week.
Last edited by mrspock on Tue Jul 21, 2020 4:55 am, edited 1 time in total.
CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave »

mrspock wrote: Tue Jul 21, 2020 1:47 am Warming this thread up. Futures are SOARING! At this rate we'll be in the 2260's tomorrow and maybe 2300 within 7-10 days (maybe by EOW?). Looking forward to reading all of those "should I goto cash?" and "why is the market going up?" threads this week.
The Curly Family Portfolio briefly hit a new all time high about an hour ago, but has sunk back by about $1-2 k. Since we withdrew a whole year's worth of taxes about 10 days ago this is amazing.

Several years worth of expenses in bonds, riding the bull on max setting with the rest.
manatee2005
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Re: U.S. stocks continue to soar!

Post by manatee2005 »

J G Bankerton wrote: Mon Jul 20, 2020 8:06 pm
willthrill81 wrote: Mon Jul 20, 2020 6:42 pm I've got to say that I've been very happy with VUG's performance this year, +14.25% YTD. :D
Don't forget dividends; YTD Daily Total Return 17.14%. Growth has been very, very, good to me. Now I must resist selling the ranch and going all in. :greedy
I’m crying here with my VV.
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Stinky
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Re: U.S. stocks continue to soar!

Post by Stinky »

CurlyDave wrote: Tue Jul 21, 2020 1:54 am
The Curly Family Portfolio briefly hit a new all time high about an hour ago ......
You’re measuring the Curly Family Portfolio in the middle of the night? :D
It's a GREAT day to be alive - Travis Tritt
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Stinky
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Re: U.S. stocks continue to soar!

Post by Stinky »

mrspock wrote: Tue Jul 21, 2020 1:47 am Warming this thread up. Futures are SOARING! At this rate we'll be in the 2260's tomorrow and maybe 2300 within 7-10 days (maybe by EOW?). Looking forward to reading all of those "should I goto cash?" and "why is the market going up?" threads this week.
You do mean “3,260s” and “3,300”, don’t you?

If we trade in the 2,260-2,300 range, that would be a drop of about 30% from where we are now. :twisted:
It's a GREAT day to be alive - Travis Tritt
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Stef
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Re: U.S. stocks continue to soar!

Post by Stef »

I remember a time when the SP500 dropped below 2200 intraday.

It's unreal that this was just 4 months ago.
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mrspock
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Re: U.S. stocks continue to soar!

Post by mrspock »

Stinky wrote: Tue Jul 21, 2020 4:47 am
mrspock wrote: Tue Jul 21, 2020 1:47 am Warming this thread up. Futures are SOARING! At this rate we'll be in the 2260's tomorrow and maybe 2300 within 7-10 days (maybe by EOW?). Looking forward to reading all of those "should I goto cash?" and "why is the market going up?" threads this week.
You do mean “3,260s” and “3,300”, don’t you?

If we trade in the 2,260-2,300 range, that would be a drop of about 30% from where we are now. :twisted:
Haha fixed! The British COVID-19 vaccine looks to be a winner, so far we are 2/2 in vaccine phase 1/2 trails (Oxford + Moderna). Any guess what Mr. Market will do if we see positive phase 3 results? Oh baby.
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TechGuy365
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Re: U.S. stocks continue to soar!

Post by TechGuy365 »

Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
CurlyDave
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Re: U.S. stocks continue to soar!

Post by CurlyDave »

Well, Dow is soaring, S&P is a little behind, NASDAQ and my QQQ are acting like they over indulged yesterday and are too heavy to get off the runway.

Every dog has his day, and so far today isn't mine...
lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog »

CurlyDave wrote: Tue Jul 21, 2020 9:03 am Well, Dow is soaring, S&P is a little behind, NASDAQ and my QQQ are acting like they over indulged yesterday and are too heavy to get off the runway.

Every dog has his day, and so far today isn't mine...
yep, tech is weighing down the index.
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TheTimeLord
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Re: U.S. stocks continue to soar!

Post by TheTimeLord »

TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]
Triple digit golfer
Posts: 5560
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

TheTimeLord wrote: Tue Jul 21, 2020 9:49 am
TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
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TechGuy365
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Re: U.S. stocks continue to soar!

Post by TechGuy365 »

Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am
TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
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TheTimeLord
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Re: U.S. stocks continue to soar!

Post by TheTimeLord »

TechGuy365 wrote: Tue Jul 21, 2020 10:06 am
Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am
TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
So non-actionable?
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

TheTimeLord wrote: Tue Jul 21, 2020 10:10 am
TechGuy365 wrote: Tue Jul 21, 2020 10:06 am
Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am
TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
So non-actionable?
It's just a joke.
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TechGuy365
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Re: U.S. stocks continue to soar!

Post by TechGuy365 »

TheTimeLord wrote: Tue Jul 21, 2020 10:10 am
TechGuy365 wrote: Tue Jul 21, 2020 10:06 am
Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am
TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
So non-actionable?
Nope, just like every other post on this particular thread.
Corsair
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Location: WA

Re: U.S. stocks continue to soar!

Post by Corsair »

M2 money supply :beer

Image
All posts are my own opinions and are not financial advice.
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firebirdparts
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Re: U.S. stocks continue to soar!

Post by firebirdparts »

TechGuy365 wrote: Tue Jul 21, 2020 7:30 am Saw this on Reddit r/investing, credit goes to user u/xkcd_fan. I thought it's funny and pretty much sums it up.
https://www.reddit.com/r/investing/comm ... 0_highest/

Nasdaq hits all time closing high, S&P 500 highest close since February 21st

The market will continue going down as soon as

The first quarter ends
Jobless claims stay elevated
Coronavirus cases and deaths surge
Q1 earnings disappoint
April unemployment numbers come out
Re-opening hopes are dashed
Vaccine euphoria fades away
Real economy slows down
The Fed disappoints in their statement and press conference
May unemployment numbers come out
There's a 2nd wave of COVID
Re-openings are reversed
The 2nd quarter ends
Q2 earnings come out <-- YOU ARE HERE
$600/week ends
Stimulus hopes vanish
Schools reopen and COVID cases surge
Vaccine takes longer than expected
Q3 re-balancing ends
Election is over
2020 ends
That's pretty good! He left out the bankruptcies, though.

Gonna be a long hot summer.

P.S. A month ago you couldn't tell whether people were greedy or fearful, but it seems really obvious now.
A fool and your money are soon partners
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TheTimeLord
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Re: U.S. stocks continue to soar!

Post by TheTimeLord »

TechGuy365 wrote: Tue Jul 21, 2020 10:14 am
TheTimeLord wrote: Tue Jul 21, 2020 10:10 am
TechGuy365 wrote: Tue Jul 21, 2020 10:06 am
Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am

Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
So non-actionable?
Nope, just like every other post on this particular thread.
I am always amused by those who believe this.
IMHO, Investing should be about living the life you want, not avoiding the life you fear. | Run, You Clever Boy! [9085]
Corsair
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Location: WA

Re: U.S. stocks continue to soar!

Post by Corsair »

firebirdparts wrote: Tue Jul 21, 2020 10:33 am That's pretty good! He left out the bankruptcies, though.

Gonna be a long hot summer.

P.S. A month ago you couldn't tell whether people were greedy or fearful, but it seems really obvious now.
What is the alternative? Sit in cash and watch it lose purchasing power due to the Fed and Treasury printing? Or buy bonds and get paid several bps? It would have taken decades owning Treasuries to earn the ~3% return Nasdaq had yesterday.

Gold just hit $1843 oz today. M2 money supply is shooting up. Food prices are up this year. More helicopter money is coming.
All posts are my own opinions and are not financial advice.
Leesbro63
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Re: U.S. stocks continue to soar!

Post by Leesbro63 »

Corsair wrote: Tue Jul 21, 2020 10:55 am What is the alternative? Sit in cash and watch it lose purchasing power due to the Fed and Treasury printing? Or buy bonds and get paid several bps?
Maybe, in the long run, yes.
rockstar
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Re: U.S. stocks continue to soar!

Post by rockstar »

Corsair wrote: Tue Jul 21, 2020 10:55 am Gold just hit $1843 oz today. M2 money supply is shooting up. Food prices are up this year. More helicopter money is coming.
Lots of great videos with Yellen explaining how electronically printing money and using it buy short term treasuries won't impact inflation.

I'm more worried about 2021 than 2020.
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Doom&Gloom
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Re: U.S. stocks continue to soar!

Post by Doom&Gloom »

Triple digit golfer wrote: Tue Jul 21, 2020 10:13 am
TheTimeLord wrote: Tue Jul 21, 2020 10:10 am
TechGuy365 wrote: Tue Jul 21, 2020 10:06 am
Triple digit golfer wrote: Tue Jul 21, 2020 9:58 am
TheTimeLord wrote: Tue Jul 21, 2020 9:49 am

Apparently created by someone who doesn't understand the term "forward looking" or the concept of context.
I thought the opposite. I would think this person understands completely and was being facetious.
Yes, Reddit community posts are mostly tongue-in-cheek.
So non-actionable?
It's just a joke.
A joke??? This thread is serious business.

I admit getting a chuckle out of the post. Oh the shame.
Corsair
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Location: WA

Re: U.S. stocks continue to soar!

Post by Corsair »

rockstar wrote: Tue Jul 21, 2020 11:12 am
Corsair wrote: Tue Jul 21, 2020 10:55 am Gold just hit $1843 oz today. M2 money supply is shooting up. Food prices are up this year. More helicopter money is coming.
Lots of great videos with Yellen explaining how electronically printing money and using it buy short term treasuries won't impact inflation.

I'm more worried about 2021 than 2020.
Yet M2 money supply is shooting up and we seem to have financial hyperinflation.
All posts are my own opinions and are not financial advice.
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SB1234
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Re: U.S. stocks continue to soar!

Post by SB1234 »

lostdog wrote: Tue Jul 21, 2020 9:49 am
CurlyDave wrote: Tue Jul 21, 2020 9:03 am Well, Dow is soaring, S&P is a little behind, NASDAQ and my QQQ are acting like they over indulged yesterday and are too heavy to get off the runway.

Every dog has his day, and so far today isn't mine...
yep, tech is weighing down the index.
:shock: never thought that was even possible.
anecdotes are not data
Robot Monster
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Re: U.S. stocks continue to soar!

Post by Robot Monster »

SB1234 wrote: Tue Jul 21, 2020 12:07 pm
lostdog wrote: Tue Jul 21, 2020 9:49 am
CurlyDave wrote: Tue Jul 21, 2020 9:03 am Well, Dow is soaring, S&P is a little behind, NASDAQ and my QQQ are acting like they over indulged yesterday and are too heavy to get off the runway.

Every dog has his day, and so far today isn't mine...
yep, tech is weighing down the index.
:shock: never thought that was even possible.
It's being pulverized by the Russell, no less, which is +1.7%. vs Nasdaq -0.5%. How embarrassing for it.
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
columbia
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Re: U.S. stocks continue to soar!

Post by columbia »

Why is Amazon tanking today?
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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton »

Leesbro63 wrote: Tue Jul 21, 2020 11:07 am
Corsair wrote: Tue Jul 21, 2020 10:55 am What is the alternative? Sit in cash and watch it lose purchasing power due to the Fed and Treasury printing? Or buy bonds and get paid several bps?
Maybe, in the long run, yes.
In the long run stocks are always the choice for smart money. It helps if one has a bit of poker player inside. There will be times when one does everything prefect and still loses. Don't tilt, keep playing a smart game and eventually the chips will come home to poppa.
as9
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Re: U.S. stocks continue to soar!

Post by as9 »

columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
It's "tanking" all the way back to 2:30p yesterday.
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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton »

columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
Profit taking, no one loses money by taking profits.
Robot Monster
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Re: U.S. stocks continue to soar!

Post by Robot Monster »

as9 wrote: Tue Jul 21, 2020 12:31 pm
columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
It's "tanking" all the way back to 2:30p yesterday.
I'm sorry, but that's too "big picture" for this thread.
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton »

Robot Monster wrote: Tue Jul 21, 2020 12:52 pm
as9 wrote: Tue Jul 21, 2020 12:31 pm
columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
It's "tanking" all the way back to 2:30p yesterday.
I'm sorry, but that's too "big picture" for this thread.
Please, we are not Robinhoodies; I hold for much more than a day.
lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog »

J G Bankerton wrote: Tue Jul 21, 2020 1:00 pm
Robot Monster wrote: Tue Jul 21, 2020 12:52 pm
as9 wrote: Tue Jul 21, 2020 12:31 pm
columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
It's "tanking" all the way back to 2:30p yesterday.
I'm sorry, but that's too "big picture" for this thread.
Please, we are not Robinhoodies; I hold for much more than a day.
Or reddit wallstreetbets...
lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog »

Nasdaq reversing :moneybag
columbia
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Re: U.S. stocks continue to soar!

Post by columbia »

Robot Monster wrote: Tue Jul 21, 2020 12:52 pm
as9 wrote: Tue Jul 21, 2020 12:31 pm
columbia wrote: Tue Jul 21, 2020 12:25 pm Why is Amazon tanking today?
It's "tanking" all the way back to 2:30p yesterday.
I'm sorry, but that's too "big picture" for this thread.
:mrgreen:
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J G Bankerton
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Re: U.S. stocks continue to soar!

Post by J G Bankerton »

lostdog wrote: Tue Jul 21, 2020 1:10 pm Nasdaq reversing :moneybag
OMG, my value, growth and S&P 500 are all green. Even foreign is up, this is truly a glorious day where the tide lifts all boats. :greedy
Robot Monster
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Re: U.S. stocks continue to soar!

Post by Robot Monster »

J G Bankerton wrote: Tue Jul 21, 2020 1:16 pm
lostdog wrote: Tue Jul 21, 2020 1:10 pm Nasdaq reversing :moneybag
OMG, my value, growth and S&P 500 are all green. Even foreign is up, this is truly a glorious day where the tide lifts all boats. :greedy
My TIPS and nominal bonds fund boats are also cheerfully being lifted. Oh yeah, gold too. Kinda wish safe havens weren't joining the rally. A little ominous...?
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
Triple digit golfer
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Re: U.S. stocks continue to soar!

Post by Triple digit golfer »

I would have never in a million years in mid-March thought we'd be anywhere close to all-time highs four months later, yet here we are, around 3% off.

I am glad I stayed the course and ignored all the debbie downers, trolls, and market timers that came out of the woodwork. "Ignore the noise" may be the best piece of investment advice that anybody could follow.
lostdog
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Re: U.S. stocks continue to soar!

Post by lostdog »

Triple digit golfer wrote: Tue Jul 21, 2020 1:29 pm I would have never in a million years in mid-March thought we'd be anywhere close to all-time highs four months later, yet here we are, around 3% off.

I am glad I stayed the course and ignored all the debbie downers, trolls, and market timers that came out of the woodwork. "Ignore the noise" may be the best piece of investment advice that anybody could follow.
You nailed it. I hope they see this.
Corsair
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Re: U.S. stocks continue to soar!

Post by Corsair »

Robot Monster wrote: Tue Jul 21, 2020 1:26 pm
J G Bankerton wrote: Tue Jul 21, 2020 1:16 pm
lostdog wrote: Tue Jul 21, 2020 1:10 pm Nasdaq reversing :moneybag
OMG, my value, growth and S&P 500 are all green. Even foreign is up, this is truly a glorious day where the tide lifts all boats. :greedy
My TIPS and nominal bonds fund boats are also cheerfully being lifted. Oh yeah, gold too. Kinda wish safe havens weren't joining the rally. A little ominous...?
US dollar is down today LOL
All posts are my own opinions and are not financial advice.
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Stinky
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Re: U.S. stocks continue to soar!

Post by Stinky »

I just love it that Bogleheads, supposedly the paragons of “buy and hold”, have posted about 75 times on this thread in the last 24 hours.

For a buy and hold crowd, there’s a lot of minute by minute market watching going on. :D
It's a GREAT day to be alive - Travis Tritt
Gufomel
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Re: U.S. stocks continue to soar!

Post by Gufomel »

Stinky wrote: Tue Jul 21, 2020 1:46 pm I just love it that Bogleheads, supposedly the paragons of “buy and hold”, have posted about 75 times on this thread in the last 24 hours.

For a buy and hold crowd, there’s a lot of minute by minute market watching going on. :D
Watch when it’s going up. Turn it off when it’s going down. And don’t take action on either one (other than as stipulated by your IPS of course :D )

:moneybag :moneybag :moneybag
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Stef
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Re: U.S. stocks continue to soar!

Post by Stef »

Damn this market recovery must be historic?
Gufomel
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Re: U.S. stocks continue to soar!

Post by Gufomel »

Stef wrote: Tue Jul 21, 2020 1:57 pm Damn this market recovery must be historic?
Recovery?! We’re only back to Feb 3rd! I want moar!!
RiotAct
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Re: U.S. stocks continue to soar!

Post by RiotAct »

Gufomel wrote: Tue Jul 21, 2020 2:03 pm
Stef wrote: Tue Jul 21, 2020 1:57 pm Damn this market recovery must be historic?
Recovery?! We’re only back to Feb 3rd! I want moar!!
Agreed... let’s break records soon!
bob991
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Re: U.S. stocks continue to soar!

Post by bob991 »

Gufomel wrote: Tue Jul 21, 2020 1:53 pm
Stinky wrote: Tue Jul 21, 2020 1:46 pm I just love it that Bogleheads, supposedly the paragons of “buy and hold”, have posted about 75 times on this thread in the last 24 hours.

For a buy and hold crowd, there’s a lot of minute by minute market watching going on. :D
Watch when it’s going up. Turn it off when it’s going down. And don’t take action on either one (other than as stipulated by your IPS of course :D )

:moneybag :moneybag :moneybag
Exactly. Now that my portfolio is back to all time highs I will start updating my tracking spreadsheet again. Before today I didn't really want to know exactly how much it was down. Its certainly interesting to think back to all those doom and gloom threads a few months ago.
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