U.S. stocks continue to soar!

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
User avatar
abuss368
Posts: 21610
Joined: Mon Aug 03, 2009 2:33 pm
Location: Where the water is warm, the drinks are cold, and I don't know the names of the players!
Contact:

Re: U.S. stocks continue to soar!

Post by abuss368 »

That truck of mine is going to be backing up soon again!
John C. Bogle: “Simplicity is the master key to financial success."
rchmx1
Posts: 113
Joined: Sat Oct 26, 2019 6:38 pm

Re: U.S. stocks continue to soar!

Post by rchmx1 »

Rally to close the week? :o
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

rchmx1 wrote: Fri Sep 11, 2020 2:34 pm Rally to close the week? :o
A teensy weensy one for S&P.

No such luck for Nasdaq today.

Better times next week.
It's a GREAT day to be alive - Travis Tritt
User avatar
jason2459
Posts: 612
Joined: Wed May 06, 2020 7:59 pm

Re: U.S. stocks continue to soar!

Post by jason2459 »

I'm sort of soaring?

UP
DJIA, FTSE ex-US, SP500 indexes

Down
Total US, Midcap, Small Cap, REIT indexes
gonefishing01
Posts: 42
Joined: Wed Aug 19, 2015 9:09 pm

Re: U.S. stocks continue to soar!

Post by gonefishing01 »

Glad to see not everything was falling in unison today. More green than red. I'll drink to that :beer

We try again next week!
User avatar
willthrill81
Posts: 20917
Joined: Thu Jan 26, 2017 3:17 pm
Location: USA

Re: U.S. stocks continue to soar!

Post by willthrill81 »

jason2459 wrote: Fri Sep 11, 2020 3:09 pm I'm sort of soaring?

UP
DJIA, FTSE ex-US, SP500 indexes

Down
Total US, Midcap, Small Cap, REIT indexes
S&P 500 was up but LCG was down, something that hasn't happened often lately.
“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
User avatar
whodidntante
Posts: 9115
Joined: Thu Jan 21, 2016 11:11 pm
Location: outside the echo chamber

Re: U.S. stocks continue to soar!

Post by whodidntante »

willthrill81 wrote: Fri Sep 11, 2020 3:19 pm
jason2459 wrote: Fri Sep 11, 2020 3:09 pm I'm sort of soaring?

UP
DJIA, FTSE ex-US, SP500 indexes

Down
Total US, Midcap, Small Cap, REIT indexes
S&P 500 was up but LCG was down, something that hasn't happened often lately.
Meh. It's just those momentum investors who were heavily exposed to such things. We don't know anyone like that, do we willthrill81? :wink:
User avatar
willthrill81
Posts: 20917
Joined: Thu Jan 26, 2017 3:17 pm
Location: USA

Re: U.S. stocks continue to soar!

Post by willthrill81 »

whodidntante wrote: Fri Sep 11, 2020 3:24 pm
willthrill81 wrote: Fri Sep 11, 2020 3:19 pm
jason2459 wrote: Fri Sep 11, 2020 3:09 pm I'm sort of soaring?

UP
DJIA, FTSE ex-US, SP500 indexes

Down
Total US, Midcap, Small Cap, REIT indexes
S&P 500 was up but LCG was down, something that hasn't happened often lately.
Meh. It's just those momentum investors who were heavily exposed to such things. We don't know anyone like that, do we willthrill81? :wink:
:twisted:
“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
User avatar
pokebowl
Posts: 384
Joined: Sat Dec 17, 2016 7:22 pm
Location: The Orion Spur of the Milky Way galaxy.

Re: U.S. stocks continue to soar!

Post by pokebowl »

Where is the "Ex-U.S. stocks continue to soar" thread for today?
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

pokebowl wrote: Fri Sep 11, 2020 7:18 pm Where is the "Ex-U.S. stocks continue to soar" thread for today?
I was wondering the same thing.

My VTIAX (Vanguard Foreign) fund was the star of my portfolio today.
Last edited by Stinky on Fri Sep 11, 2020 7:26 pm, edited 1 time in total.
It's a GREAT day to be alive - Travis Tritt
index245
Posts: 129
Joined: Wed Feb 12, 2020 9:28 pm

Re: U.S. stocks continue to soar!

Post by index245 »

pokebowl wrote: Fri Sep 11, 2020 7:18 pm Where is the "Ex-U.S. stocks continue to soar" thread for today?
It is days like these that I'm thankful for the portfolio "ballast" known as Total International Stock.
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

index245 wrote: Fri Sep 11, 2020 7:26 pm
pokebowl wrote: Fri Sep 11, 2020 7:18 pm Where is the "Ex-U.S. stocks continue to soar" thread for today?
It is days like these that I'm thankful for the portfolio "ballast" known as Total International Stock.
Yep. International had quite the dog day.

S&P VOO +0.07
vs
Total International VXUS +0.93%
Developed International VEA + 0.92%
Emerging Markets VWO +0.74%
China MCHI +1.14%

Though, two of my individual US stocks had a fine day:
L3 Harris Technologies +2.62%
Lockheed Martin +2.73%
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
rchmx1
Posts: 113
Joined: Sat Oct 26, 2019 6:38 pm

Re: U.S. stocks continue to soar!

Post by rchmx1 »

Tasty green day tomorrow, looks like.
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

rchmx1 wrote: Sun Sep 13, 2020 6:07 pm Tasty green day tomorrow, looks like.
Futures up more than 1% tonight.

Looking green for Monday.
It's a GREAT day to be alive - Travis Tritt
TheDDC
Posts: 1125
Joined: Mon Jan 08, 2018 11:11 am

Re: U.S. stocks continue to soar!

Post by TheDDC »

Yes, because my monthly VTSAX/FSKAX contribution hits on the 15th like clockwork. You can expect a drop on the 16th after a smooth ramp upward. You can thank me later for the advance warning.

-TheDDC
Rules to wealth building: 90-100% VTSAX piled high and deep, 0-10% VIGAX tilt, 0% given away to banks, minimize amount given to medical-industrial complex
User avatar
Forester
Posts: 1557
Joined: Sat Jan 19, 2019 2:50 pm
Location: UK

Re: U.S. stocks continue to soar!

Post by Forester »

Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

Futures turned even greener overnight.

Soaring day directly ahead!
It's a GREAT day to be alive - Travis Tritt
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

Forester wrote: Mon Sep 14, 2020 3:12 am Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.
Will you guess how long?
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

Stocks up, bonds steady and dollar a bit lower. No economic data due today. Highlight of the week is FOMC meeting along with a lot of data including retail sales. Source
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
User avatar
Forester
Posts: 1557
Joined: Sat Jan 19, 2019 2:50 pm
Location: UK

Re: U.S. stocks continue to soar!

Post by Forester »

lostdog wrote: Mon Sep 14, 2020 7:45 am
Forester wrote: Mon Sep 14, 2020 3:12 am Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.
Will you guess how long?
5 years if inflation stays where it is moreorless.
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

Today's soaring is like a wonderful colonic cleanse, am I right?
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
:sharebeer
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
Does “colonic cleanse” go along with the glory of a soaring stock market? Somehow I don’t equate the two. :confused

I think of today’s soaring more like drinking an icy cold cola after mowing the yard on a humid August day. The pause that refreshes!
It's a GREAT day to be alive - Travis Tritt
CurlyDave
Posts: 1970
Joined: Thu Jul 28, 2016 11:37 am

Re: U.S. stocks continue to soar!

Post by CurlyDave »

Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
That mental image has stopped this thread cold, even though the soaring continues.

I am ready for soaring analogies of birds, gliders, and rockets.
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

CurlyDave wrote: Mon Sep 14, 2020 9:48 am
Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
That mental image has stopped this thread cold, even though the soaring continues.

I am ready for soaring analogies of birds, gliders, and rockets.
How about a water geyser? Feels nice...
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
User avatar
dogagility
Posts: 1096
Joined: Fri Feb 24, 2017 6:41 am

Re: U.S. stocks continue to soar!

Post by dogagility »

Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
How about like the wonderful anesthetic after the colonic cleanse? 8-)
All children spill milk. Learn to smile and wipe it up. -- A Farmer's Wife
A_Bond
Posts: 84
Joined: Mon Jul 08, 2019 8:07 pm
Location: Midwest United States of America

Re: U.S. stocks continue to soar!

Post by A_Bond »

As of the time of this post, S&P up by 1.7% and NASDAQ up by 2.3%.
buy. hold. repeat.
CurlyDave
Posts: 1970
Joined: Thu Jul 28, 2016 11:37 am

Re: U.S. stocks continue to soar!

Post by CurlyDave »

Robot Monster wrote: Mon Sep 14, 2020 8:50 am Today's soaring is like a wonderful colonic cleanse, am I right?
Soaring high above the NYSE on porcelain wings.
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

A_Bond wrote: Mon Sep 14, 2020 11:12 am As of the time of this post, S&P up by 1.7% and NASDAQ up by 2.3%.
Not only that, but ‘The Drew Barrymore Show’ debuts next week on daytime TV! It's all happening!!!
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
User avatar
Forester
Posts: 1557
Joined: Sat Jan 19, 2019 2:50 pm
Location: UK

Re: U.S. stocks continue to soar!

Post by Forester »

Nasdaq already running out of steam and hours still to go.
Robot Monster
Posts: 1529
Joined: Sun May 05, 2019 11:23 am
Location: New York

Re: U.S. stocks continue to soar!

Post by Robot Monster »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
You're my favorite Debbie Downer.
"Happiness comes from being connected in the right ways to: other people, your work, something larger than yourself."
sailaway
Posts: 2223
Joined: Fri May 12, 2017 1:11 pm

Re: U.S. stocks continue to soar!

Post by sailaway »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
Oh noooessss, we might end with a mere 1% gain.
marcopolo
Posts: 3487
Joined: Sat Dec 03, 2016 10:22 am

Re: U.S. stocks continue to soar!

Post by marcopolo »

Forester wrote: Mon Sep 14, 2020 3:12 am Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.

Just a reminder:
Forester wrote: Wed Jul 22, 2020 11:13 am Nasdaq is running out of steam. Gandalf is looking at Nasdaq 11,000 and saying, "You shall not pass!"
Nasdaq closed above 11,000 on Aug 6.

Forester wrote: Thu Jul 09, 2020 6:43 pm I am calling the Nasdaq top, it won't go above 10,600. Why? Just watched a bearish Rob Arnott interview :beer
Nasdaq closed above 10,600 on Jul 10


Based on your track record, we should be seeing Nasdaq 12,000 in a week or two....
Once in a while you get shown the light, in the strangest of places if you look at it right.
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
Sell everything!!
It's a GREAT day to be alive - Travis Tritt
CurlyDave
Posts: 1970
Joined: Thu Jul 28, 2016 11:37 am

Re: U.S. stocks continue to soar!

Post by CurlyDave »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
Lets do a little math.

In any year a 12% increase would be considered good. There are typically 251 trading days per year, call it 250 to make the math easier. The 250 th root of 1.12 is 1.00045, which means that any day where the increase is greater than 0.045% is an above average day.

Sort of puts things in perspective for me.
Keenobserver
Posts: 450
Joined: Thu Aug 13, 2015 1:05 pm

Re: U.S. stocks continue to soar!

Post by Keenobserver »

Its funny to me how people continue to pretend they know whats going to happen, or even why something happend the way it did. Of course everything is crystal clear in hind sight, and cant be proven wrong for something that didnt happen yet. No one knows nothing.
rascott
Posts: 2347
Joined: Wed Apr 15, 2015 10:53 am

Re: U.S. stocks continue to soar!

Post by rascott »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
Didn't you also tell people that SP500 @ 2800 was a respectable exit point?
User avatar
HomerJ
Posts: 15179
Joined: Fri Jun 06, 2008 12:50 pm

Re: U.S. stocks continue to soar!

Post by HomerJ »

marcopolo wrote: Mon Sep 14, 2020 12:43 pm
Forester wrote: Mon Sep 14, 2020 3:12 am Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.

Just a reminder:
Forester wrote: Wed Jul 22, 2020 11:13 am Nasdaq is running out of steam. Gandalf is looking at Nasdaq 11,000 and saying, "You shall not pass!"
Nasdaq closed above 11,000 on Aug 6.

Forester wrote: Thu Jul 09, 2020 6:43 pm I am calling the Nasdaq top, it won't go above 10,600. Why? Just watched a bearish Rob Arnott interview :beer
Nasdaq closed above 10,600 on Jul 10


Based on your track record, we should be seeing Nasdaq 12,000 in a week or two....
Pretty much EVERY prediction he has made has turned out wrong.

Just note the name, do not ever make any financial decisions based on what he writes.

Nobody can predict the future. And he knows this by now. So he's pretty much trolling at this point, since he keeps making predictions with utter certainty when none is warranted.
A Goldman Sachs associate provided a variety of detailed explanations, but then offered a caveat, “If I’m being dead-### honest, though, nobody knows what’s really going on.”
User avatar
Third Son
Posts: 288
Joined: Tue Dec 03, 2019 7:05 pm
Location: North of Nowhere

Re: U.S. stocks continue to soar!

Post by Third Son »

HomerJ wrote: Mon Sep 14, 2020 3:30 pm
Pretty much EVERY prediction he has made has turned out wrong.

Just note the name, do not ever make any financial decisions based on what he writes.

Nobody can predict the future. And he knows this by now. So he's pretty much trolling at this point, since he keeps making predictions with utter certainty when none is warranted.
Something tells me he enjoys stirring the pot.......
Last edited by Third Son on Mon Sep 14, 2020 3:42 pm, edited 1 time in total.
"A part of all you earn is yours to keep" | | -The Richest Man in Babylon
User avatar
AerialWombat
Posts: 1781
Joined: Tue May 29, 2018 1:07 pm
Location: Cash Canyon / Cashville

Re: U.S. stocks continue to soar!

Post by AerialWombat »

HomerJ wrote: Mon Sep 14, 2020 3:30 pm
marcopolo wrote: Mon Sep 14, 2020 12:43 pm
Forester wrote: Mon Sep 14, 2020 3:12 am Whatever churn occurs from here on out, the Nasdaq high is in; it won't go above 12,000 for a very long time to come. A dividend yield of 0.6%? Not very enticing.

Just a reminder:
Forester wrote: Wed Jul 22, 2020 11:13 am Nasdaq is running out of steam. Gandalf is looking at Nasdaq 11,000 and saying, "You shall not pass!"
Nasdaq closed above 11,000 on Aug 6.

Forester wrote: Thu Jul 09, 2020 6:43 pm I am calling the Nasdaq top, it won't go above 10,600. Why? Just watched a bearish Rob Arnott interview :beer
Nasdaq closed above 10,600 on Jul 10


Based on your track record, we should be seeing Nasdaq 12,000 in a week or two....
Pretty much EVERY prediction he has made has turned out wrong.

Just note the name, do not ever make any financial decisions based on what he writes.

Nobody can predict the future. And he knows this by now. So he's pretty much trolling at this point, since he keeps making predictions with utter certainty when none is warranted.
He must work at CNBC. :)
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

Third Son wrote: Mon Sep 14, 2020 3:41 pm
HomerJ wrote: Mon Sep 14, 2020 3:30 pm
Pretty much EVERY prediction he has made has turned out wrong.

Just note the name, do not ever make any financial decisions based on what he writes.

Nobody can predict the future. And he knows this by now. So he's pretty much trolling at this point, since he keeps making predictions with utter certainty when none is warranted.
Something tells me he enjoys stirring the pot.......
Everybody, we need him to make predictions. Please don't scare him off. The opposite will happen most of the time... :twisted:
User avatar
mrspock
Posts: 1293
Joined: Tue Feb 13, 2018 2:49 am
Location: Vulcan

Re: U.S. stocks continue to soar!

Post by mrspock »

Very respectable trading session, looks like small and/or mid-caps came to the party today as Total Market did a bit better than the S&P 500.

Let's hope we can crawl our way back to 3500 over the next few weeks. Earnings season will kick in as well, so that should pour some gasoline on this thing, though we might see it tempered a bit due to the election. Very interesting October ahead!
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

mrspock wrote: Mon Sep 14, 2020 4:08 pm Very respectable trading session, looks like small and/or mid-caps came to the party today as Total Market did a bit better than the S&P 500.

Let's hope we can crawl our way back to 3500 over the next few weeks. Earnings season will kick in as well, so that should pour some gasoline on this thing, though we might see it tempered a bit due to the election. Very interesting October ahead!
https://advisors.vanguard.com/insights/ ... 4742233743
User avatar
mrspock
Posts: 1293
Joined: Tue Feb 13, 2018 2:49 am
Location: Vulcan

Re: U.S. stocks continue to soar!

Post by mrspock »

lostdog wrote: Mon Sep 14, 2020 4:18 pm
mrspock wrote: Mon Sep 14, 2020 4:08 pm Very respectable trading session, looks like small and/or mid-caps came to the party today as Total Market did a bit better than the S&P 500.

Let's hope we can crawl our way back to 3500 over the next few weeks. Earnings season will kick in as well, so that should pour some gasoline on this thing, though we might see it tempered a bit due to the election. Very interesting October ahead!
https://advisors.vanguard.com/insights/ ... 4742233743
Thanks for this! Great article.
ImUrHuckleberry
Posts: 491
Joined: Sat Apr 15, 2017 7:44 am

Re: U.S. stocks continue to soar!

Post by ImUrHuckleberry »

Third Son wrote: Mon Sep 14, 2020 3:41 pm
HomerJ wrote: Mon Sep 14, 2020 3:30 pm
Pretty much EVERY prediction he has made has turned out wrong.

Just note the name, do not ever make any financial decisions based on what he writes.

Nobody can predict the future. And he knows this by now. So he's pretty much trolling at this point, since he keeps making predictions with utter certainty when none is warranted.
Something tells me he enjoys stirring the pot.......
Is it a covered iron pot with condor and butterfly insignia?
sailaway
Posts: 2223
Joined: Fri May 12, 2017 1:11 pm

Re: U.S. stocks continue to soar!

Post by sailaway »

Where is the "US stocks are wobbly" thread? It is like Christmas - it keeps flashing red and green!
User avatar
CyclingDuo
Posts: 3675
Joined: Fri Jan 06, 2017 9:07 am

Re: U.S. stocks continue to soar!

Post by CyclingDuo »

Forester wrote: Mon Sep 14, 2020 12:23 pm Nasdaq already running out of steam and hours still to go.
What's your investing track record over the past three decades?
"Save like a pessimist, invest like an optimist." - Morgan Housel
User avatar
Stinky
Posts: 5553
Joined: Mon Jun 12, 2017 11:38 am
Location: Sweet Home Alabama

Re: U.S. stocks continue to soar!

Post by Stinky »

Futures are UP again!

Looks like a soaring day ahead.
It's a GREAT day to be alive - Travis Tritt
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

Stinky wrote: Tue Sep 15, 2020 4:58 am Futures are UP again!

Looks like a soaring day ahead.
:moneybag
lostdog
Posts: 3174
Joined: Thu Feb 04, 2016 2:15 pm

Re: U.S. stocks continue to soar!

Post by lostdog »

International is up also. The dollar is falling.
Post Reply