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double post
S&p companies are sitting on cash. They are in good shape. Oil is not gonna stay this low, we both know this. The world overreacts to China IMO. It's really not about news. It's about how people react to news.
Im cool with it though. I could use another 2007 to buy. News was a lot worse then.
double post
Iran sanctions: Middle East stock markets crash as Tehran enters oil war
Source: Telegraph
Read more: https://uk.finance.yahoo.com/news/iran-sanctions-middle-east-stock-102835505.htmlProspect of the Islamic Republic pumping an additional 500,000 barrels a day sends stock markets in Dubai and Saudi Arabia into tailspin
Stock markets across the Middle East collapsed as the lifting of economic sanctions against Iran threatened to unleash a fresh wave of oil onto global markets that are already drowning in excess supply.
All seven stock markets in Gulf states tumbled as panic gripped traders. Dubai's DFM General Index slumped 4.8pc to 2,682.56, while Saudi Arabia's Tadawul All Share Index collapsed by 7pc to 5,409.35, its lowest level in almost five years.
The Iranian stock index gained 1pc, making it one of the best performing markets in the world with gains of 6pc since the start of the year.
Volatility is the new name of the game. There is plenty of money to be made by buying in this week.
no
http://www.advisorperspectives.com/d...nfidence-Index"Consumer confidence improved in December, following a moderate decrease in November," said Lynn Franco, Director of Economic Indicators at The Conference Board. "As 2015 draws to a close, consumers’ assessment of the current state of the economy remains positive, particularly their assessment of the job market. Looking ahead to 2016, consumers are expecting little change in both business conditions and the labor market. Expectations regarding their financial outlook are mixed, but the optimists continue to outweigh the pessimists."
http://www.gallup.com/poll/187988/co...-december.aspxWASHINGTON, D.C. -- Americans' daily self-reports of spending averaged $99 in December, which is similar to the $98 average in December 2014. Along with the $96 average in December 2013, those are the highest averages for that month in Gallup's eight-year trend. December spending is usually the highest of any month each year, although the highest estimate for any month in Gallup's trend is $114 from May 2008.
The recession news is coming from INFOWARS.
Does anyone think that a Republican president will lift the markets (temporarily)?
It depends on how congress turns out. If republicans ran the table it would probably be good for business since according to boo everyone else is ed and un able.
China's stock market going down means Chinese investors pull their money out of the US economy (real estate and stocks) to cover. That brings down prices here.
It's not an overreaction.
Lots of margin and leverage in the Chinese market. When it goes down big chinese investors lose even bigger. Plus when the chinese market slows mining companies slow, manufacturing companies slow, etc then it trickles down, all the things they consume...equipment etc. goes down...
Understood.
But you also have foreign investors come into the market here as a safer spot. It works both ways. There are people who want to hold onto some wealth as well. Where is the safest place to be? The problem is you are trying to assess another man's perceived position and how he will react. This is not easy imo. The stock market does not necessarily follow business climate as we see it.
china will just print more money and dump into its economy
then when it comes to reporting time, they will just regurgitate the usual ...on pace with 7% growth,
speaking of oil at USD$30 a barrel, shouldnt prices at the pump be at record lows like the 1990s?
Long term, dividend reinvesting does some good things. Read up on dollar-cost averaging, if you haven't yet. http://www.investopedia.com/terms/d/...taveraging.asp
My 2 cents…Franklin Templeton Fund & forget that you own it…The majority of us don’t have time to follow trends…
https://www.franklintempleton.com/in...nt=11058082347
My T.Rowe Price funds are sucking ass for 2016. But, like you, I'm not in it for the short term.
Markets taking a big today. Across the board almost down 4%.
-500
Markets taking a big today. Across the board almost down 4%.
Nice call, DMX7. And it may only get worse.
I wouldn't be surprised to see the S&P at 1600 by the time the smoke clears. I just don't see any positive drivers at the moment.
It makes Obama's victory lap on the economy look even more ridiculous.
Catch that falling knife boys.
Meh...I'm sitting in cash until I see a bottom. I don't expect to catch it at the absolute bottom...I'm OK in buying back in after a recovery starts. No sense in riding this market off the cliff.
You buy in increments near where you think the bottom is knowing there's no way you can reliably catch the absolute bottom. That's equity investing 101.
Yes, a little at a time. I like to buy in the last 15 minutes of the normal trading hours of the day - seems to go down a bit often.
Of course, just as I post the above today, the market's going UP at the end of the day.
DMX7 knows his investment ....
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