Is the DOW going to burst at some point?
02-08-2018, 02:19 PM
#481
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02-08-2018, 03:40 PM
#484
-1000 points is not even close to a correction....
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Mizouse (02-08-2018)
02-08-2018, 04:34 PM
#486
Team Owner
02-08-2018, 09:08 PM
#489
Sanest Florida Man
Where's nfn to tell us why it's Obama or Hillary's fault?
02-15-2018, 04:01 PM
#490
Race Director
Lot of market movement over totally bogus/manufactured fears. Pretty typical. I'm still up 6 figures since Trump was elected 
I dumped even more $$$ into the market on the 2 dips.
As of today, the market is only down 5% from the all time high. Fundamentals are very sound, there's really no direction for the market to go but up.
I dumped even more $$$ into the market on the 2 dips.
As of today, the market is only down 5% from the all time high. Fundamentals are very sound, there's really no direction for the market to go but up.
02-15-2018, 04:14 PM
#491
Drifting
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Join Date: Nov 2010
Location: Salt Lake City, UT
Age: 42
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I don't have the cash to buy the dip, other than the standard bi-weekly deposits I have set up. But I definitely didn't consider throwing my funds into cash or something like that either.
03-09-2018, 04:41 PM
#492
Team Owner
Nasdaq new high, 7560.81.
Keep pumping!
Keep pumping!
03-17-2018, 08:31 PM
#493
Drifting
Dow: 24,946.51
Gold: 1312.30
I'm comparing today's Dow value with a year ago which was 17,602 and wonder how things could be so much better than the optimism we had last year with a new president that was going to change everything and make America great again. I see that GDPNow shows a 1.8% 2018 Q1 estimate- down significantly from its earlier and more optimistic 5.4% GDP.
There were 3 rate hikes worth .75% last year and the effects are starting to be felt. I guess we'll see how Powell works things in 2018 with the rate hikes. More rate hikes, tariffs, PetroYuan, increase in inventories, drops in GDP, high levels of consumer debt do not lead to a robust U.S. economy. Either the data is going to need to improve or the Dow is going down. I think Jan/Feb months are just an example of how volatile the markets will become- you see volatility like that when a top or bottom is forming.
Gold: 1312.30
I'm comparing today's Dow value with a year ago which was 17,602 and wonder how things could be so much better than the optimism we had last year with a new president that was going to change everything and make America great again. I see that GDPNow shows a 1.8% 2018 Q1 estimate- down significantly from its earlier and more optimistic 5.4% GDP.
There were 3 rate hikes worth .75% last year and the effects are starting to be felt. I guess we'll see how Powell works things in 2018 with the rate hikes. More rate hikes, tariffs, PetroYuan, increase in inventories, drops in GDP, high levels of consumer debt do not lead to a robust U.S. economy. Either the data is going to need to improve or the Dow is going down. I think Jan/Feb months are just an example of how volatile the markets will become- you see volatility like that when a top or bottom is forming.
03-19-2018, 11:29 AM
#494
AZ Community Team
03-22-2018, 04:07 PM
#495
Team Owner
Dow 30
23,957.89
-724.42(-2.93%)
03-22-2018, 04:59 PM
#496
Race Director
Meh, triple hit of Zuckerberg's mediocre response, the Fed rate increase (which should have already been factored in) and irrational (no one yet knows what the real effect will be) reaction to the Chinese tariffs...
03-22-2018, 06:09 PM
#497
03-23-2018, 05:39 PM
#498
Team Owner
04-07-2018, 10:55 AM
#499
Drifting
Dow: 23,932.76
Gold: 1336.10
Dollar: 89.78
In 3 weeks the Dow has dropped a little over 1000 points. Hardly a crash, but indicative of a slow grind bear market that I believe we are already in. The tariff talk has escalated and the economic numbers are worsening- that was a crappy jobs report coming in for March.
The Dow seems to be forming a flag pattern in which the highs are getting lower. Perhaps next week we'll see a test of the 23,400 support level- all it takes is another Friday -572 drop to get down there. If that support level breaks, I don't see any meaningful support until Dow 19000 hits. If the Fed continues with the rate increases, 18-19000 is where I project the Dow going. All bets are off if Fed goes into a QE cycle afterwards.
Gold: 1336.10
Dollar: 89.78
In 3 weeks the Dow has dropped a little over 1000 points. Hardly a crash, but indicative of a slow grind bear market that I believe we are already in. The tariff talk has escalated and the economic numbers are worsening- that was a crappy jobs report coming in for March.
The Dow seems to be forming a flag pattern in which the highs are getting lower. Perhaps next week we'll see a test of the 23,400 support level- all it takes is another Friday -572 drop to get down there. If that support level breaks, I don't see any meaningful support until Dow 19000 hits. If the Fed continues with the rate increases, 18-19000 is where I project the Dow going. All bets are off if Fed goes into a QE cycle afterwards.
Last edited by LaCostaRacer; 04-07-2018 at 10:57 AM. Reason: typ0
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Mizouse (04-07-2018)
05-20-2018, 09:22 PM
#500
Team Owner
05-22-2018, 12:09 AM
#501
Race Director
Futures up another +314 for tomorrow. This, after a 298 pt gain today
07-10-2018, 07:10 PM
#502
Team Owner
US futures slip as Trump administration seeks tariffs on $200 billion in Chinese goods
https://www.cnbc.com/2018/07/10/us-f...-billion-.html
As of 7:10 p.m. ET, the implied open for the Dow Jones Industrial Average was more than 180 points lower. The implied open for the S&P 500 and the Nasdaq were also in the red.
List of proposed tariffs here. https://ustr.gov/sites/default/files...-10-2018_0.pdf
07-10-2018, 07:42 PM
#503
Race Director
US futures slip as Trump administration seeks tariffs on $200 billion in Chinese goods
https://www.cnbc.com/2018/07/10/us-f...-billion-.html
As of 7:10 p.m. ET, the implied open for the Dow Jones Industrial Average was more than 180 points lower. The implied open for the S&P 500 and the Nasdaq were also in the red.
List of proposed tariffs here. https://ustr.gov/sites/default/files...-10-2018_0.pdf
07-11-2018, 05:43 PM
#504
Going to need strong quarterly earnings result this season to get us out of this symmetrical triangle/above upper downward trend line and not fall below the 200 day moving average and lower upward trend line.
False break out on S&P ???
False break out on S&P ???
07-11-2018, 05:51 PM
#505
Team Owner
Not going to be good if a lot of companies mention tariffs in their forward guidance.
07-12-2018, 01:52 AM
#506
The last time we saw a symmetrical triangle formation similar to now was 10 years ago.
07-12-2018, 11:14 PM
#507
Race Director
Trade war fears? Yawn.... Up 224 pts ....
07-30-2018, 11:30 AM
#508
Shit. Tech sell off / correction?
TWTR : $31.65 : -$2.47 (-7.25%)
FB : $168.25 : -$6.64 (-3.80%)
NFLX : $337.16 : -$18.05 (-5.08%)
SQ : $65.76 : -$4.09 (-5.86%)
TTWO : $113.45 : -$9.13 (-7.45%)
EA : $127.05 : -$6.76 (-5.05%)
BABA: $183.62 : -$5.80 (-3.06%)
SOGO : $9.2399 : -$1.0901 (-10.55%)
PVTL : $21.7411 : -$2.5889 (-10.64%)
OKTA : $49.83 : -$5.28 (-9.58%)
TWLO : $57.13 : -$3.58 (-5.90%)
LN : $43.68 : -$2.09 (-4.57%)
BOX : $23.7101 : -$1.1499 (-4.63%)
DBX : $28.35 : -$1.68 (-5.59%)
NTNX : $48.93 : -$2.96 (-5.70%)
ZS: $35.75 : -$1.63 (-4.36%)
ZUO : $23.55 : -$1.57 (-6.25%)
SPOT: $180.29 : -$5.98 (-3.21%)
TWTR : $31.65 : -$2.47 (-7.25%)
FB : $168.25 : -$6.64 (-3.80%)
NFLX : $337.16 : -$18.05 (-5.08%)
SQ : $65.76 : -$4.09 (-5.86%)
TTWO : $113.45 : -$9.13 (-7.45%)
EA : $127.05 : -$6.76 (-5.05%)
BABA: $183.62 : -$5.80 (-3.06%)
SOGO : $9.2399 : -$1.0901 (-10.55%)
PVTL : $21.7411 : -$2.5889 (-10.64%)
OKTA : $49.83 : -$5.28 (-9.58%)
TWLO : $57.13 : -$3.58 (-5.90%)
LN : $43.68 : -$2.09 (-4.57%)
BOX : $23.7101 : -$1.1499 (-4.63%)
DBX : $28.35 : -$1.68 (-5.59%)
NTNX : $48.93 : -$2.96 (-5.70%)
ZS: $35.75 : -$1.63 (-4.36%)
ZUO : $23.55 : -$1.57 (-6.25%)
SPOT: $180.29 : -$5.98 (-3.21%)
07-30-2018, 11:50 AM
#509
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07-30-2018, 12:33 PM
#510
AZ Community Team
08-24-2018, 04:35 PM
#511
Team Owner
New all time high for the S&P 500, and Nasdaq! Keep pumping!
2,874.69
+17.71 (+0.62%)
7,945.98
+67.52 (+0.86%)
2,874.69
+17.71 (+0.62%)
7,945.98
+67.52 (+0.86%)
08-28-2018, 12:26 AM
#512
Race Director
And again today!! Thank you, sir. May I have another? 
09-19-2018, 09:49 AM
#513
Race Director
DOW less than 200 points from all time high!!!
09-22-2018, 11:37 AM
#514
Team Owner
26,743.50
09-28-2018, 06:54 PM
#515
Team Owner
https://finance.yahoo.com/news/stock...131347561.html
S&P 500 books best quarter since 2013
The S&P 500 rose about 7%, its largest quarterly advance since the fourth quarter of 2013. The Dow is up more than 9% for the quarter, and the Nasdaq is up about 7%, marking its ninth consecutive quarter of gains.
10-10-2018, 02:19 PM
#516
Double top?
DOW: 25,801.47 : -629.10 (-2.38%)
S&P: 2,808.35 : -71.99 (-2.50%)
DOW: 25,801.47 : -629.10 (-2.38%)
S&P: 2,808.35 : -71.99 (-2.50%)
10-10-2018, 02:49 PM
#517
Team Owner
10-10-2018, 09:40 PM
#518
My mutual funds were down 3.38% and 1.66%
The latter was a 50/50 stock/bond thing. Not too shabby. Maybe I'll buy more shares
The latter was a 50/50 stock/bond thing. Not too shabby. Maybe I'll buy more shares
10-11-2018, 01:54 PM
#519
Here we go again. 
DOW hovering around/slight below that 200 day moving average up trend support line.
DOW : 25,032.87 : -565.87 (-2.21%)
S&P and Nasdaq both below it
S&P: 2,726.56 : -59.12 (-2.12%)
Nasdaq: 7,315.68 : -106.37 (-1.43%)
DOW hovering around/slight below that 200 day moving average up trend support line.
DOW : 25,032.87 : -565.87 (-2.21%)
S&P and Nasdaq both below it
S&P: 2,726.56 : -59.12 (-2.12%)
Nasdaq: 7,315.68 : -106.37 (-1.43%)
10-11-2018, 02:17 PM
#520
Safety Car
I'm young and so am heavy into equity/stocks in my portfolio....I am eagerly waiting for the next bear market so I can buy up more shares at lower cost.
Obviously this depends on your age....if I were near retirement I'd already be minimally exposed to stocks so wouldn't be much of an issue either way.
Buy low, sell high.