U.S. stocks continue to soar!

case_of_ennui · Post by **case_of_ennui** » Thu Nov 26, 2020 4:59 pm

fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.

There is also a high correlation between market drops and months divisible by the number 3 this year. I don't plan on acting on either of those.

Nicolas · Post by **Nicolas** » Thu Nov 26, 2020 5:04 pm

Silverado wrote: ↑Thu Nov 26, 2020 1:23 pm
abuss368 wrote: ↑Wed Nov 25, 2020 9:44 pm I will be adding fuel injector to my truck when I back up next!!!
Would you please upgrade to a flux capacitor and be al set for good?!?!

1.21 gigawatts!

I think he should add an ion drive. Those things can accelerate to a significant fraction of the speed of light.

dru808 · Post by **dru808** » Thu Nov 26, 2020 5:19 pm

Kookaburra wrote: ↑Wed Nov 25, 2020 8:41 am
calvin+hobbes wrote: ↑Wed Nov 25, 2020 8:01 am The long-term 9%-10% nominal return of the stock market INCLUDES the crashes. Read that again. No, seriously, read that again. Think about what that says.
Follow-up question: is this 9-10% figure based on simple buy-and-hold, or does it presume some sort of re-balancing and “re-balancing bonus” as a result of crashes?

I assume it’s based on holding the s&p or total US stock market at 100%, therefore, no rebalancing.

dogagility · Post by **dogagility** » Thu Nov 26, 2020 11:12 pm

fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.

This is a light-hearted thread where we muse about the US stock market soaring.

The musings pertaining to our good friend, Forester, are not to be taken seriously... just like his musings pertaining to the direction of the US stock market.

Keenobserver · Post by **Keenobserver** » Fri Nov 27, 2020 9:01 am

fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.

Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.

Stinky · Post by **Stinky** » Fri Nov 27, 2020 9:05 am

Keenobserver wrote: ↑Fri Nov 27, 2020 9:01 am
fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.
Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.

What fun would this Forum be if we all agreed with each other, all the time?

H-Town · Post by **H-Town** » Fri Nov 27, 2020 9:14 am

Forester wrote: ↑Thu Nov 26, 2020 4:35 am Major red flag for the high-flying tech stocks as Bitcoin crashes inside the last 12 hours. It might be a delayed reaction to the markets as in February 2018, but Bitcoin is essentially the ultimate tech story stock, if Bitcoin goes south this is a leading indicator that the animal spirits are exhausted.

Expensive lessons for those who don’t follow boglehead way. Keep chasing return until you realize you’re the last one holding a bag of dirt.

lostdog · Post by **lostdog** » Fri Nov 27, 2020 9:32 am

Stinky wrote: ↑Fri Nov 27, 2020 9:05 am
Keenobserver wrote: ↑Fri Nov 27, 2020 9:01 am
fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.
Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.
What fun would this Forum be if we all agreed with each other, all the time?

Forester's predictions are a form of entertainment around these parts.

lostdog · Post by **lostdog** » Fri Nov 27, 2020 9:50 am

International is soaring again.

Vtsax100 · Post by **Vtsax100** » Fri Nov 27, 2020 10:05 am

The Forester Effect signal has been validated. According to my IPS its time to back up the truck!

CurlyDave · Post by **CurlyDave** » Fri Nov 27, 2020 10:49 am

lostdog wrote: ↑Fri Nov 27, 2020 9:50 am International is soaring again.

NASDAQ is soaring quite nicely also. +1% right now.

Another day of anti rotation. I am holding my QQQ for a while longer.

Stinky · Post by **Stinky** » Fri Nov 27, 2020 10:58 am

CurlyDave wrote: ↑Fri Nov 27, 2020 10:49 am
lostdog wrote: ↑Fri Nov 27, 2020 9:50 am International is soaring again.
NASDAQ is soaring quite nicely also. +1% right now.

Another day of anti rotation. I am holding my QQQ for a while longer.

New intra day high on Nasdaq. Near high on S&P. Dow approaching 30k.

Gobble gobble! What’s not to like?

Post by **LadyGeek** » Fri Nov 27, 2020 11:01 am

^^^ It's all gravy.

lostdog · Post by **lostdog** » Fri Nov 27, 2020 11:08 am

Vtsax100 wrote: ↑Fri Nov 27, 2020 10:05 am The Forester Effect signal has been validated. According to my IPS its time to back up the truck!

+1 This might be a real thing to add to your IPS?

willthrill81 · Post by **willthrill81** » Fri Nov 27, 2020 11:10 am

VUG, a LCG ETF, is now less than 1% off its high back in early September. It's up 32% YTD, far surpassing my wildest expectations given everything that 2020 has been.

HomerJ · Post by **HomerJ** » Fri Nov 27, 2020 11:38 am

Stinky wrote: ↑Fri Nov 27, 2020 9:05 am
Keenobserver wrote: ↑Fri Nov 27, 2020 9:01 am
fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.
Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.
What fun would this Forum be if we all agreed with each other, all the time?

We don't have to agree, but one shouldn't post so confidently over and over and over, after being wrong over and over and over.

If he just added a "I think this might happen", instead of "This will happen" (and then it doesn't), it would certainly help.

willthrill81 · Post by **willthrill81** » Fri Nov 27, 2020 11:42 am

HomerJ wrote: ↑Fri Nov 27, 2020 11:38 am
Stinky wrote: ↑Fri Nov 27, 2020 9:05 am
Keenobserver wrote: ↑Fri Nov 27, 2020 9:01 am
fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.
Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.
What fun would this Forum be if we all agreed with each other, all the time?
We don't have to agree, but one shouldn't post so confidently over and over and over, after being wrong over and over and over.

If he just added a "I think this might happen", instead of "This will happen" (and then it doesn't), it would certainly help.

I agree that no one should be 100% confident in what the future portends. At best, it's annoying, and at worst, it's very dangerous.

lostdog · Post by **lostdog** » Fri Nov 27, 2020 11:43 am

willthrill81 wrote: ↑Fri Nov 27, 2020 11:42 am
HomerJ wrote: ↑Fri Nov 27, 2020 11:38 am
Stinky wrote: ↑Fri Nov 27, 2020 9:05 am
Keenobserver wrote: ↑Fri Nov 27, 2020 9:01 am
fanmail wrote: ↑Thu Nov 26, 2020 3:57 pm Easy to mock forester, but there has been a high positive correlation between btc and us equities going for at least this year.
Yeah but if you throw 100 cupcakes on the wall, one of them bound to stick. Same with his predictions. I think all signs point to strong market 2021. But again, I dunno nothing. I will keep investing.
What fun would this Forum be if we all agreed with each other, all the time?
We don't have to agree, but one shouldn't post so confidently over and over and over, after being wrong over and over and over.

If he just added a "I think this might happen", instead of "This will happen" (and then it doesn't), it would certainly help.
I agree that no one should be 100% confident in what the future portends. At best, it's annoying, and at worst, it's very dangerous.

Dangerous for the ones that take it seriously and take action.

lostdog · Post by **lostdog** » Fri Nov 27, 2020 12:51 pm

A mini melt up before the bell?

CurlyDave · Post by **CurlyDave** » Fri Nov 27, 2020 12:59 pm

lostdog wrote: ↑Fri Nov 27, 2020 12:51 pm A mini melt up before the bell?

YES!

Candor · Post by **Candor** » Fri Nov 27, 2020 1:02 pm

Another S&P record high.

dru808 · Post by **dru808** » Fri Nov 27, 2020 2:04 pm

Weird day, everything I own was

jarjarM · Post by **jarjarM** » Fri Nov 27, 2020 2:38 pm

dru808 wrote: ↑Fri Nov 27, 2020 2:04 pm Weird day, everything I own was

I guess everyone is in a Black Friday buying mood.

Blue456 · Post by **Blue456** » Fri Nov 27, 2020 2:58 pm

Why are equities up? Nothing happened today. Shouldn’t they be just flat?

rchmx1 · Post by **rchmx1** » Fri Nov 27, 2020 4:56 pm

Blue456 wrote: ↑Fri Nov 27, 2020 2:58 pm Why are equities up? Nothing happened today. Shouldn’t they be just flat?

That would go against the maxim that stocks always go up.

HomerJ · Post by **HomerJ** » Fri Nov 27, 2020 5:06 pm

Blue456 wrote: ↑Fri Nov 27, 2020 2:58 pm Why are equities up? Nothing happened today. Shouldn’t they be just flat?

People are always buying and selling... every day. Not sure why you think something has to "happen" for stock prices to change.

lostdog · Post by **lostdog** » Sun Nov 29, 2020 6:35 pm

Futures are in the green.

CurlyDave · Post by **CurlyDave** » Sun Nov 29, 2020 7:11 pm

lostdog wrote: ↑Sun Nov 29, 2020 6:35 pm Futures are in the green.

NASDAQ +.55% right now. Maybe an early Santa Claus rally, which could be followed by just a plain ordinary Santa Claus rally...

lostdog · Post by **lostdog** » Sun Nov 29, 2020 8:16 pm

reversed course. Looks like a red day tomorrow.

dru808 · Post by **dru808** » Sun Nov 29, 2020 8:27 pm

lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.

Where do you go to look at futures? I just google s&p 500 fu... and investing.com always pops up.

Stinky · Post by **Stinky** » Sun Nov 29, 2020 8:34 pm

dru808 wrote: ↑Sun Nov 29, 2020 8:27 pm
lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.
Where do you go to look at futures? I just google s&p 500 fu... and investing.com always pops up.

I look at MarketWatch.

BarbBrooklyn · Post by **BarbBrooklyn** » Sun Nov 29, 2020 9:10 pm

Stinky wrote: ↑Sun Nov 29, 2020 8:34 pm
dru808 wrote: ↑Sun Nov 29, 2020 8:27 pm
lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.
Where do you go to look at futures? I just google s&p 500 fu... and investing.com always pops up.
I look at MarketWatch.

CNN

APX32 · Post by **APX32** » Sun Nov 29, 2020 9:29 pm

I have no idea how accurate these assessments are, but saw multiple stories indicating that due to the strong November, the traditional Santa rally may not happen this year, so look for a flat or down December. Also, the November rally has thrown a lot of 60/40 portfolios out of balance, including some of those large sovereign wealth funds, so expect a 5-7% sell-off in the first 10 days or so of December.

In any event, I’m all done for the year anyway, and will be spending December mapping out next year’s plans. If there’s an unexpectedly large sell-off, there’s some play money to be used to pick-up some UPRO/TQQQ.

Pawpatrol · Post by **Pawpatrol** » Sun Nov 29, 2020 10:48 pm

APX32 wrote: ↑Sun Nov 29, 2020 9:29 pm I have no idea how accurate these assessments are, but saw multiple stories indicating that due to the strong November, the traditional Santa rally may not happen this year, so look for a flat or down December. Also, the November rally has thrown a lot of 60/40 portfolios out of balance, including some of those large sovereign wealth funds, so expect a 5-7% sell-off in the first 10 days or so of December.

In any event, I’m all done for the year anyway, and will be spending December mapping out next year’s plans. If there’s an unexpectedly large sell-off, there’s some play money to be used to pick-up some UPRO/TQQQ.

Im a bogglehead investor but have a hobby in technical analysis. The charts are super bullish for equities (super bullish for small caps), bullish for bonds, and bearish on dollar. I don’t know how this will happen given current conditions but don’t be surprised if you see another parabolic move up here in the coming weeks, esp for small caps. Too many people calling things overbought/extended for this to come crashing down anytime soon. Just my opinion. Once you start hearing a human interest story about some young person making a fortune in the stock market then we will be overbought

Stinky · Post by **Stinky** » Mon Nov 30, 2020 8:22 am

lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.

S&P futures are still in the red, but have rebounded nicely from overnight lows. Nasdaq is nicely green.

Hoping for a good day to close out a GREAT month for equities.

lostdog · Post by **lostdog** » Mon Nov 30, 2020 8:45 am

Stinky wrote: ↑Mon Nov 30, 2020 8:22 am
lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.
S&P futures are still in the red, but have rebounded nicely from overnight lows. Nasdaq is nicely green.

Hoping for a good day to close out a GREAT month for equities.

CurlyDave · Post by **CurlyDave** » Mon Nov 30, 2020 8:59 am

Stinky wrote: ↑Mon Nov 30, 2020 8:22 am
lostdog wrote: ↑Sun Nov 29, 2020 8:16 pm reversed course. Looks like a red day tomorrow.
S&P futures are still in the red, but have rebounded nicely from overnight lows. Nasdaq is nicely green.

Hoping for a good day to close out a GREAT month for equities.

Lets just say NASDAQ is green. It has to do a lot better than right now to be "nicely green."

whodidntante · Post by **whodidntante** » Mon Nov 30, 2020 10:09 am

Pawpatrol wrote: ↑Sun Nov 29, 2020 10:48 pm
APX32 wrote: ↑Sun Nov 29, 2020 9:29 pm I have no idea how accurate these assessments are, but saw multiple stories indicating that due to the strong November, the traditional Santa rally may not happen this year, so look for a flat or down December. Also, the November rally has thrown a lot of 60/40 portfolios out of balance, including some of those large sovereign wealth funds, so expect a 5-7% sell-off in the first 10 days or so of December.

In any event, I’m all done for the year anyway, and will be spending December mapping out next year’s plans. If there’s an unexpectedly large sell-off, there’s some play money to be used to pick-up some UPRO/TQQQ.
Im a bogglehead investor but have a hobby in technical analysis. The charts are super bullish for equities (super bullish for small caps), bullish for bonds, and bearish on dollar. I don’t know how this will happen given current conditions but don’t be surprised if you see another parabolic move up here in the coming weeks, esp for small caps. Too many people calling things overbought/extended for this to come crashing down anytime soon. Just my opinion. Once you start hearing a human interest story about some young person making a fortune in the stock market then we will be overbought

You might appreciate the technical analysis rollup that investing.com presents. Click monthly. This is available for all futures contracts they cover, I think. You might have to create a free account.

https://www.investing.com/indices/us-sp ... -technical

H-Town · Post by **H-Town** » Mon Nov 30, 2020 7:16 pm

Why do we care about future again? Are you waiting to put a buy/sell order at 9:30 AM ET?

I don't think future matters in most cases.

Hyperchicken · Post by **Hyperchicken** » Mon Nov 30, 2020 10:47 pm

Futures are green big time!

As for today, my 401(k) contribution is posting at today's close of market price, so I've done what had to be done - 0.5% more shares is 0.5% more shares.

000 · Post by **000** » Mon Nov 30, 2020 10:52 pm

Hyperchicken wrote: ↑Mon Nov 30, 2020 10:47 pm Futures are green big time!

As for today, my 401(k) contribution is posting at today's close of market price, so I've done what had to be done - 0.5% more shares is 0.5% more shares.

Japan up bigly.

Hyperchicken · Post by **Hyperchicken** » Mon Nov 30, 2020 10:54 pm

000 wrote: ↑Mon Nov 30, 2020 10:52 pm Japan up bigly.

They're tired of being a scarecrow of everything that might possibly go wrong with the stock market. Go Japan go!

abuss368 · Post by **abuss368** » Mon Nov 30, 2020 11:13 pm

Truck backing up soon with nitros added this time!

EnjoyIt · Post by **EnjoyIt** » Mon Nov 30, 2020 11:25 pm

abuss368 wrote: ↑Mon Nov 30, 2020 11:13 pm Truck backing up soon with nitros added this time!

Everyone stand back abuss is coming in hot.

abuss368 · Post by **abuss368** » Mon Nov 30, 2020 11:27 pm

EnjoyIt wrote: ↑Mon Nov 30, 2020 11:25 pm
abuss368 wrote: ↑Mon Nov 30, 2020 11:13 pm Truck backing up soon with nitros added this time!
Everyone stand back abuss is coming in hot.

That actually made me laugh out load! Thanks and needed that on a night my Philadelphia Eagles are losing again!

JoMoney · Post by **JoMoney** » Mon Nov 30, 2020 11:28 pm

EnjoyIt wrote: ↑Mon Nov 30, 2020 11:25 pm
abuss368 wrote: ↑Mon Nov 30, 2020 11:13 pm Truck backing up soon with nitros added this time!
Everyone stand back abuss is coming in hot.

Using nitros... on a truck

... going backwards

Nicolas · Post by **Nicolas** » Mon Nov 30, 2020 11:36 pm

But why are futures soaring? This is the first Monday in four weeks that no new vaccine was announced. I was hoping there would be.

Marseille07 · Post by **Marseille07** » Mon Nov 30, 2020 11:37 pm

Nicolas wrote: ↑Mon Nov 30, 2020 11:36 pm But why are futures soaring? This is the first Monday in four weeks that no new vaccine was announced. I was hoping there would be.

Asia pumping is the reason. I don't know why they're pumping though.

keanoz · Post by **keanoz** » Mon Nov 30, 2020 11:38 pm

I wanted to buy tomorrow...of course I miss the cyber monday sale

CurlyDave · Post by **CurlyDave** » Tue Dec 01, 2020 1:25 am

Nicolas wrote: ↑Mon Nov 30, 2020 11:36 pm But why are futures soaring? This is the first Monday in four weeks that no new vaccine was announced. I was hoping there would be.

I have been suffering from vaccine fatigue. Too many new ones in too little time.