Buy Low sell high!!!!
Nice I like the adjustment... My 401K made 18% on the market last year. Thank You Trump.....
I did expect a correction..... Interest rates can not stay down for every...
Total Bubble. it will go down thousands of points . Interest rates are rising fast. If you can get 10% on you cd at an insured bank watch this balloon deflate and fly all over the room.
This is “last call, gentlemen” for high quality long bonds. Stronger GDP, a little (needed) inflation and better wages will create some interest rate increases by the market...for the first time in 35 years. Big money long bonds needed a “flight to safety” to push down yields and prop up market value long enough for them to get out. The fundamentals will now assert themselves and as a result so will the bull market.
It’s always been cyclical.
I am not an expert. Here is my common sense analysis. Interest rates cannot stay at 1% forever. People are putting money into the stock market instead of CD’s paying about 1%. When interest rates go up some investors will move money from stocks to bank saving accounts and CD’s. This is not the end of the world. Market has gone up so high it will come down a little before it starts going up again.
It was engineered. Trump’s successes were too much for the left, and they brought this about. I don’t know who, but I have no doubt that it was done by someone who hates Trump.
Dow soars 600 points, hitting new high of the day after crazy swings
CNBC ^ | 02/06/2018 | Fred Imbert | Alexandra Gibbs
Posted on 02/06/2018 12:55:56 PM PST by Red Badger
http://www.freerepublic.com/focus/news/3629876/posts
How about insanely high PE ratios. Look at Netflix trading near 200 EPS. Forgive me if I don’t take Mark’s word for it.
This bubble is really quite interesting.
Previous financial bubbles, like the dot-com bubble and the real-estate bubble, ended when the securities were found to be of little value. The shares of pets.com, or that subprime SIV, did not represent anything like the money people had paid for them.
But this is a bubble of the S&P 500, real companies that are the core of the American economy and make plenty of money. They really are of great value. You get a dividend, capital appreciation, and future growth. OK, maybe you paid too much. But they’re not worthless, and the market isn’t going to collapse.