It went from12.86 at the beginning of the year down to about $8.43 three weeks ago and is now up to $9.45 currently. You really think it is a good idea to short it now?
No, I did not intend to refer to EMD. More generally the market, but I do believe EMD will settle a little lower in coming weeks.
Not that far away from beginning to lower my short exposure. A break above 4,200 could easily propel markets to 4,400. But then again fundamentally broken, and extremely overvalued.
Even though NASDAQ 100’s forward price/sales ratio is off its peak by 27%, it’s still higher than at any point prior to May 2020 (going back to 2001, longest timeframe available for data) pic.twitter.com/BHtvjDPmvA
A broadening rally is a strong signal when it comes to the stock market's recent performance, analysts say, though not all are convinced the bear market is...
1/ inflation is showing most signs of collapsing like it did after WW2
2/ corporate earnings got through 2Q without significant revision. 2022 estimated SP500 earnings are basically the same now as they were at the start of the year. Many thought estimates were too high, but they were only too high by a tiny bit. Although massive energy profits have masked weakness elsewhere.
3/ obviously the classic tension played out - people got so massively over pessimistic that the world just not falling apart meant stocks would rebound.
4/ interest rates stopped moving higher, which should lower the dollar which will help.
1/ inflation is showing most signs of collapsing like it did after WW2
2/ corporate earnings got through 2Q without significant revision. 2022 estimated SP500 earnings are basically the same now as they were at the start of the year. Many thought estimates were too high, but they were only too high by a tiny bit. Although massive energy profits have masked weakness elsewhere.
3/ obviously the classic tension played out - people got so massively over pessimistic that the world just not falling apart meant stocks would rebound.
4/ interest rates stopped moving higher, which should lower the dollar which will help.
1/ inflation is showing most signs of collapsing like it did after WW2
2/ corporate earnings got through 2Q without significant revision. 2022 estimated SP500 earnings are basically the same now as they were at the start of the year. Many thought estimates were too high, but they were only too high by a tiny bit. Although massive energy profits have masked weakness elsewhere.
3/ obviously the classic tension played out - people got so massively over pessimistic that the world just not falling apart meant stocks would rebound.
4/ interest rates stopped moving higher, which should lower the dollar which will help.
(1) What signs are those?
shipping costs down, prices of oil, copper, cotton and many commodities down, bond market saying inflation will be 2-3% a couple years out, etc
Maybe too simplified, but when the zeitgeist last year into this year was “inputs going up, shipping problems, inflation, dollar is weakening” blah blah blah… every company and consumer tried to stock up. Self-fulfilling until it hit a peak.
Now you see retail with way too much inventory, consumers are tapped out of buying the new $500 espresso machines and $700 graphics cards. Summertime so people aren’t shopping for widgets on Amazon.
Like a pendulum swinging.
If energy steadies then I don’t see how we aren’t set up for lowering inflation.
Maybe food is the only ??… people are saying it’s going to inflate BIGLY in Q3/4 but i havent followed the reasoning besides energy inputs
amazing that the UK stock market has not really improved on its 1999 peak. 22 years.
Is that the fate of the US now that we no longer have a growing population and have unstable politics? And our population is getting very old and reluctant to work, like Europes.
Sure would be great to get a couple million Hong Kongers to rejuvenate the nation.
amazing that the UK stock market has not really improved on its 1999 peak. 22 years.
Is that the fate of the US now that we no longer have a growing population and have unstable politics? And our population is getting very old and reluctant to work, like Europes.
Sure would be great to get a couple million Hong Kongers to rejuvenate the nation.
Yeah the FTSE hasn't grown at all but it is largely made up of dinosaur Oil and Energy stocks and I think the total dividend of the FTSE 100 is near 4%. The FTSE 250 is up over 200% since your 1999 timeframe so it's not all bad over this side of the pond. The FTSE 100 though is a dog I agree :)
Arghh two that I was super close to buying but waited too long - MSFT and F
God when will market timers like me learn.
Stocks only go up
i've found myself wishing they would take a dip so I could load up the wagon. Been buying on the way up, don't get me wrong, but it would be nice for an overdo pullback to take a larger stake. Momentum has changed.