--so let me know if anyone wants on or off this ping. Posted on 03/17/2014 3:12:23 AM PDT by expat_panama
Investment & Finance Thread 2014 New Year(Mar. 17 - nexttime edition)
This is the thread where folks swap ideas on savings and investment --here's a list of popular investing links that freepers have posted here.
Open invitation continues always for input on ideas for the thread, this being a joint effort works well.
Keywords: financial, WallStreet, stockmarket. We still hope to include here a ----so let me know if anyone wants on or off this ping.
Be advised that it gets posted only when I'm not feeling lazy and remember that we now know from studies that sloth is completely genetic and lazy people are the way they are because they were born that way.
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So, which way are we going next?
This past week saw four down days out of five with trading volume increasing on the down tics and last Thursday we saw IBD change the market outlook from "confirmed uptrend" to "market under pressure".
We'll see how tomorrow morning's futures look, but in the mean time--
Gold Poised For Sixth Consecutive Higher Weekly Close
by Peter A. Grant March 14, AM
(from USAGOLD.com) --
Gold surged to another six month high on Friday of 1387.87, before prices moderated intraday. The impending Crimean referendum this weekend has ratcheted geopolitical tensions steadily higher. Some U.S. data weakness offered an additional boost to the yellow metal initially.... (read more here)/
So futures traders this morning are planning on both stocks and metals going up. In fact, markets in general are pretty upbeat. For me it's brining to mind an old trader's saying "hold your nose and buy". Headlines:
China announces plans to expand cities
US lags as commercial drones take off around globe
16 killed in stampedes for jobs in Nigeria
Markets Hang In the Balance Before Fed Decision
On the FR:
The Hidden Rot in the Jobs Numbers Hours worked are declining, resulting in...
Wrong Again
Nasdaq futures currently up over 25 points.
Am amazed how the markets are overlooking what is happening in Crimea.
The markets are so manipulated now that the Chinese could start a land invasion with a vast military force on the beaches of California and the markets would be up.
Sure seems that way of late. News like this would have sent the markets down several hundred points a decade ago.....now we are basically sitting at all time highs.
Stock traders can not find Crimea on the map.
All they see is charts on their computer screens.
I do not expect any serious downturn until October.
--and wealth haters can't find America on the map.
The fact is that whether it's the stock market, the flea market, or the supermarket free people will buy and sell what they got regardless of outside hand-wringing or attempts at control. Whether it's FDR or BHO America is still a tremendous force to be reckoned with and those that dismiss America's ability to create wealth do so at their own peril.
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This morning’s market glow is still growing —this may be how the deflation we were talking about the other day, that econ activity has not yet even begun to get up to full speed.
Wealth haters?
So to you anyone who questions the value, or lack thereof, in this market is a wealth hater?
Smart people question 10,000 point moves in the Dow.....only fools think trees can grow to the sky. If you think 1987, 2000 or 2007 cannot happen again you are delusional.
Economic activity has not gotten up to speed yet?
From Obamacare?
From all of the new and increased taxes?
From the increased regulations?
Forgot to mention.
All those QE’s won’t lead to inflation, will they?
I was expecting a little more of a dip this morning. Looks like we are off to the races again.
Me too.
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done!
exactly! Sure I bellyache about the nay-sayers & doom’n’gloomers but it’s a good omen for future prices. Brings to mind a comment I’m remembering from an analyst that was saying that the bull market had a way to go because “the last idiot hasn’t gotten in yet”.
No, it's saying stuff like "markets are so manipulated now that the Chinese could start a land invasion with a vast military force on the beaches of California and the markets would be up". If that ain't wealth hatred it'll do until the real thing gets here.
Smart people question 10,000 point moves in the Dow.....only fools think trees can grow to the sky. If you think 1987, 2000 or 2007...
Let's try to not forget 1776-1986, 1988-1999, etc. A hundred years ago the Dow had doubled in a decade and cracked 100. Fifty years later it pssed 1,000. Anyone who thinks it can't pass 10,000 is saying that America's economy has died. It hasn't. The population will grow, technology will advance, and wealth will be created. It's something we need to deal with.
You're absolutely right that eight years of the loony left's crazy war on business has been a real pain, but when this has happened in the past--
--it only slowed us down. Hard working Americans eventually make it through.
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