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Whats everyones outlook

Posted on 11/14/22 at 4:31 pm
Posted by lsuoilengr
Member since Aug 2008
5348 posts
Posted on 11/14/22 at 4:31 pm
Are we buying? If so what?

Does the market take another drop. Or do we trend side ways?

Got a chunk of change and just wondering if I should pull the trigger.

I am buying small amounts of quality dividend stocks on a fairly regular basis.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 11/14/22 at 4:46 pm to
If your buying Div Stocks you should be ok . My Div Stock portfolio is up 7% YTD compared to my other portfolio with growth stocks etc down about 12%. Market been up for about the last month can see a turn south but not the doom and gloom that many on here like to predict. If you got a chunk of change identify a few good stocks you like and give it a little while because most of them have run up in the last month but they should be back in the buy zone at the end of the year into beginning of next year. Good luck.
Posted by Guntoter1
Baton Rouge
Member since Nov 2020
1582 posts
Posted on 11/14/22 at 4:53 pm to
market will wobble in upward direction until christmas.
After that
market will retest lows but won't go lower.
All of this is barring major unexpected news.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
45960 posts
Posted on 11/14/22 at 8:09 pm to
Thread bookmarked
Posted by Niner
Member since Apr 2019
2033 posts
Posted on 11/14/22 at 8:41 pm to
quote:

Does the market take another drop. Or do we trend side ways?
Is "up" not possible? Only down or sideways?

quote:

My Div Stock portfolio is up 7% YTD
Care to share what stocks those bad boys are or did you luck into good timing?
Posted by SwampBooty
Sulphur, LA
Member since Sep 2015
793 posts
Posted on 11/14/22 at 8:57 pm to
Nobody buying LVVV anymore?
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 11/14/22 at 8:59 pm to
Down until feds pivot.
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
53798 posts
Posted on 11/14/22 at 9:09 pm to
Aren't we going up for some reason right now?
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 11/14/22 at 9:26 pm to
Look at practically any crash prior. Tons of huge up and down days.

What is there to be bullish about?

Housing is dead
Layoffs coming before Christmas (wild)
Expensive to borrow



Exactly what anyone would want to crash an economy.
Posted by Niner
Member since Apr 2019
2033 posts
Posted on 11/14/22 at 9:50 pm to
Doesn't matter how many times it's said. Everyone always wants to predict what the market will do based on current economic conditions. That's not how markets work.

Markets are forward looking. They also have already started rebounding well before headlines catch up. They crash quicker and rebound quicker than the economy. It's why timing the market is impossible.
Posted by lynxcat
Member since Jan 2008
25032 posts
Posted on 11/14/22 at 9:58 pm to
Layoffs are hitting F500 companies widely across industries in preparation for a tough 2023. Consumer behaviors aren’t really reflective of the sentiment….yet. This makes me this the worst isn’t here yet.
Posted by j1897
Member since Nov 2011
4313 posts
Posted on 11/14/22 at 10:01 pm to
We’re in a recession, a big one, yea I’m not buying anything. Of course neither are consumers.
Posted by I Love Bama
Alabama
Member since Nov 2007
38423 posts
Posted on 11/14/22 at 10:14 pm to
quote:

Doesn't matter how many times it's said. Everyone always wants to predict what the market will do based on current economic conditions. That's not how markets work.

Markets are forward looking. They also have already started rebounding well before headlines catch up. They crash quicker and rebound quicker than the economy. It's why timing the market is impossible.


I don't disagree with this. However, I don't think we (the market) have even begun to digest the pain that is coming.
Posted by SlidellCajun
Slidell la
Member since May 2019
16055 posts
Posted on 11/15/22 at 6:46 am to
I’m looking into some industrials

Deere
Cat

And also some chips

Amd
Nvdia
Posted by el Gaucho
He/They
Member since Dec 2010
58525 posts
Posted on 11/15/22 at 6:48 am to
The stock market is never coming back bro. Hopium is illegal
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 11/15/22 at 6:51 am to
quote:

Care to share what stocks those bad boys are or did you luck into good timing?


I did luck up i just started my Roth IRA last year. Only buying Div stocks in it.
Here is my list. Sorry about the quality. I did drop a point after yesterday close to 6% now.


Posted by Niner
Member since Apr 2019
2033 posts
Posted on 11/15/22 at 10:10 am to
quote:

I did luck up i just started my Roth IRA last year. Only buying Div stocks in it.
I realize you don't have exactly equal weight to each of these stocks, but if you did, the portfolio is down over 6% this year. I'm assuming you're overweight ABBV, CAT, NXST, LMT, and/or IBM?
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 11/15/22 at 10:31 am to
Yeah most of those you mentioned i have owned the longest but i added 5 others a few months ago and they are up 15% to 20% in that timeframe thus the green. I'm waiting for another downturn to add to them but i have to wait to the new year anyway my IRA is maxed until the new year.
Posted by TooSober
AA Meeting
Member since Oct 2015
627 posts
Posted on 11/16/22 at 12:24 pm to
We are in well established downtrends... and below the 200 DMA in stocks and bonds...

Good luck picking those pennies up in front of those steamrollers.
Posted by lsuoilengr
Member since Aug 2008
5348 posts
Posted on 11/24/22 at 12:38 am to
I mean S&P is up 7% in the last month... I realize I cant time the market so my strategy is to continuously buy quality stocks and hold for a number of years thru market cycles.... is that not a good strategy. Like I should have been accumulating 5 shares of JNJ every month for the past 20 years type deal..
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