Comments 1 - 40 of 54 Next » Last » Search these comments
There’s just no reason to cry havoc, which means there’s no reason for a sustained drop.
Quigley saysThere’s just no reason to cry havoc, which means there’s no reason for a sustained drop.
Do any of you actually understand how to put a value on a stock based on earnings and other fundamentals?
Yeah, but the P/E ratios vary widely depending on the economic cycle. Currently we haven't left the boom cycle yet, which was about to end but got unexpectedly prolonged by Trump's election.
When you buy a stock, you are buying a piece of a company, you are not guessing what a trend is doing
Quigley saysThere’s just no reason to cry havoc, which means there’s no reason for a sustained drop.
Do any of you actually understand how to put a value on a stock based on earnings and other fundamentals?
The big elephant in the room is the tax cut. A lot of money is going to be looking for a home.starting pretty much right now. Lot's of stock buybacks, lots of dividends. It's got to go somewhere.
Do any of you actually understand how to put a value on a stock based on earnings and other fundamentals?
Malcolm saysQuigley saysThere’s just no reason to cry havoc, which means there’s no reason for a sustained drop.
Do any of you actually understand how to put a value on a stock based on earnings and other fundamentals?
That kind of rationality is frequently missing in the stock market.
Plus the rally from the bottom of 2008/2009 I think DOW was at 6,000+ and reached 26,000+. That is a pretty impressive run.
Stock picking is more of an art than a science.
Strategist saysStock picking is more of an art than a science.
And so far I’ve been pretty much smack on the money when it comes to general market trends. I even called the 2008 crash (and put my money in bonds at end of 2007) and the subsequent rally once bottom was found. Stock markets aren’t rational, they’re trendy and they’re dependent on the worst kind of group-think. If you want a recent example, I called the rebound off the dip a few weeks ago.
That kind of rationality does not work. If it did, all those Harvard trained money managers would be beating the S&P 500, but 95% of them can't.
Stock picking is more of an art than a science.
and in other news, the DOW is UP +250 right now.
Stock picking is more of an art than a science
I thought it would consolidate a bit before pushing higher-oh well !
Looks like a nice drop today, lets see where it ends up. I still think 22k or 23k and grind around for sometime before it resumes its climb. That was a very swift drop for it rise and go as if nothing happened. Lets see.
Steel and Aluminium tariffs announced today, because it's ridiculous how much a nation with so much material abundance that used to make ludicrous amounts of the stuff at home, imports from abroad, many of whom dump like crazy with subsidized production costs behind it.
Some of the Fugitive Traitors ("Free Traders") drove the market down 500pts, but no biggie.
just thinking it might go down and form a new base, before taking off again.
If people insist on overpaying for stocks, like they are with houses, please don't expect any sympathy.
Comments 1 - 40 of 54 Next » Last » Search these comments
I expect the correction to go down deeper-perhaps at least 22,000+
The last one was savage -2 1000 point dips and then a furious 6 day rally-but a lower top.
I am wondering are we looking 22,000+ and then resume or a larger term decline?