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Anyone else nervous about this rally?

Posted on 5/8/20 at 10:37 am
Posted by mule74
Watersound Beach
Member since Nov 2004
11285 posts
Posted on 5/8/20 at 10:37 am
I am thinking about taking some profits and stepping back.
This post was edited on 5/8/20 at 10:38 am
Posted by KillTheGophers
Member since Jan 2016
6209 posts
Posted on 5/8/20 at 10:42 am to
It looks like investors are unphased by corporate debt, pension liability issues and a bloated federal reserve.

Google, Amazon, Microsoft and Facebook are going to drag the market across the goal line.

I think there will be a rebalancing away from mutual and index funds into straight stock plays. Consumer staples and tech leading the charge.
Posted by mule74
Watersound Beach
Member since Nov 2004
11285 posts
Posted on 5/8/20 at 10:45 am to
quote:

Consumer staples and tech leading the charge.


That’s where my portfolio is. I have a very large investment in Amazon specifically, and then I have investments around it through consumer staple and technology ETFs.

I am net up on the year in my 401(k) and my brokerage account. But the way this market is climbing makes me nervous.
This post was edited on 5/8/20 at 10:50 am
Posted by Boring
Member since Feb 2019
3792 posts
Posted on 5/8/20 at 10:49 am to
quote:

I think there will be a rebalancing away from mutual and index funds into straight stock plays. Consumer staples and tech leading the charge.


Interesting take that makes a lot of sense imo
Posted by athenslife101
Member since Feb 2013
18551 posts
Posted on 5/8/20 at 10:50 am to
I am just going with stocks I know what my exit price will be and I know they’ll rebound sooner or later
Posted by TheLSUriot
Clear Lake, TX
Member since Oct 2007
1502 posts
Posted on 5/8/20 at 10:52 am to
"Consumer staples and tech leading the charge." This right here.
There is much less uncertainty now than a month ago. This is one of the first Fridays in a while that doesn't appear to have a sell off to end the week. Having said that, we could still end up in the red by close.
Will the dow break 25k next week or the week after?
Posted by truthbetold
Member since Aug 2008
7631 posts
Posted on 5/8/20 at 10:52 am to
Same. A have a signifiant very long term cubes position and have been analyzing the pros and cons of trimming the fat and just going with the individual top players. Very interesting risk discussion on the benefit of the ETF vs. the detriment of the bottom 50% of the holdings dragging down the play.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40826 posts
Posted on 5/8/20 at 10:55 am to
quote:

I think there will be a rebalancing away from mutual and index funds into straight stock plays. Consumer staples and tech leading the charge.


Most people blindly index, and rightfully so. As most employees don't have access to individual stock trading anyways.

Going to require a paradigm shift to move away from passive indexing to active management.
Posted by Hussss
Living the Dream
Member since Oct 2016
6741 posts
Posted on 5/8/20 at 11:20 am to
You don't trust the "Fed put" or are you worried about the strike price?
Posted by LSURussian
Member since Feb 2005
126937 posts
Posted on 5/8/20 at 11:23 am to
My lights are still on.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72455 posts
Posted on 5/8/20 at 11:26 am to
quote:

Anyone else nervous about this rally?


nope

Posted by Hussss
Living the Dream
Member since Oct 2016
6741 posts
Posted on 5/8/20 at 11:27 am to
Good deal. You still have time to buy something from GNRC. You will be glad ya did
Posted by Barrister
Member since Jul 2012
4606 posts
Posted on 5/8/20 at 1:13 pm to
The Dow will test 25,000 by next Friday
Posted by hiltacular
NYC
Member since Jan 2011
19665 posts
Posted on 5/8/20 at 1:16 pm to
IMO, the only thing that can truly break this rally would be another full shutdown.
Posted by Tigers4life
The great US of A
Member since May 2004
1865 posts
Posted on 5/8/20 at 4:01 pm to
Nothing wrong with taking a few profits. I've taken 46% of profits in my trading acct. ytd so far. After all....the money isn't yours until it hits the bank and FOMO should never be a part of your educated decisions.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 5/8/20 at 7:36 pm to
not really seeing much of a rally - we are about where we were a month ago - what am i missing?
Posted by Hamma1122
Member since Sep 2016
19802 posts
Posted on 5/8/20 at 7:39 pm to
Not sure where you see a rally
Posted by Lsutiger2424
Member since Dec 2016
989 posts
Posted on 5/8/20 at 7:45 pm to
I am. Shorting one stock and have stop losses set for the ones I am up on and two where I wouldn’t lose much.
Posted by cgrand
HAMMOND
Member since Oct 2009
38632 posts
Posted on 5/8/20 at 7:45 pm to
quote:

I think there will be a rebalancing away from mutual and index funds into straight stock plays.

a couple of things

the top performers have always led the market up. always.
the indexes that have done so well in the past are the same indexes that will do well in the future. As far as sector mutual funds, managers will trade out of dogs and into thoroughbreds in the years to come, just like they’ve always done.

passive investing is still the best way to ensure regular returns for the vast majority of people. That’s not changing no matter what.
Posted by LSUneaux
NOLA
Member since Mar 2014
4485 posts
Posted on 5/8/20 at 7:58 pm to
Monday HAS to be a red day. Airlines went up a bunch today, so these may be good shorts.
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