Started By
Message

Once again market is looking “risk on”

Posted on 3/23/20 at 2:44 pm
Posted by Lgrnwd
Member since Jan 2018
5234 posts
Posted on 3/23/20 at 2:44 pm
Again today. Small caps outperforming large caps, consumer discretionary out performing staples, and vix is down.

The market indexes aren’t cooperating yet, but it looks like positioning for a significant rally is taking place.

But I don’t know what to think at this point
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 3/23/20 at 3:05 pm to
I think 18,000 is bedrock.

It’ll jump back to near 20K if dems get off their arse an get a bill done.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 3/23/20 at 3:06 pm to
Don’t fight the fed. I think you are right. I put the chips back on the table today.
Posted by Desert King
Member since Oct 2018
1936 posts
Posted on 3/23/20 at 3:11 pm to
This market ain’t doing shite when 75% of the U.S. economy is HALTED and new states are joining every day.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/23/20 at 3:22 pm to
quote:

This market ain’t doing shite when 75% of the U.S. economy is HALTED
You sound like the type of person I want to give me investment advice.
Posted by Desert King
Member since Oct 2018
1936 posts
Posted on 3/23/20 at 3:35 pm to
quote:

You sound like the type of person I want to give me investment advice.


The Dow just lost 40% in a month. I cut my losses at about 15% because I saw where this was headed. Sounds like you should have followed my advice.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/23/20 at 3:37 pm to
Nah, I'm good.

I have over a million dollars in cash in my brokerage accounts. I didn't need more cash.

Thanks, anyway.
Posted by Pendulum
Member since Jan 2009
7047 posts
Posted on 3/23/20 at 3:37 pm to
Oh yea? I cut my losses at 14% big man, got you beat
Posted by Tiger in Gatorland
Moonshine Holler
Member since Sep 2006
9077 posts
Posted on 3/23/20 at 3:41 pm to
Oh yea? I have $348 in my savings account and got $.02 in interest last month. I'm gonna be a baller soon.
Posted by Desert King
Member since Oct 2018
1936 posts
Posted on 3/23/20 at 3:41 pm to
quote:

I have over a million dollars in cash in my brokerage accounts. I didn't need more cash.


That’s cool.

I’ll start nibbling again at about Dow 15,000.

See you there Friday.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/23/20 at 3:46 pm to
quote:

I’ll start nibbling again at about Dow 15,000.

SWEET!! Be sure to let us know what and how much you buy and what you paid for it.

I won't be able to sleep until you do...
Posted by Desert King
Member since Oct 2018
1936 posts
Posted on 3/23/20 at 3:52 pm to
quote:

I won't be able to sleep until you do


I’m sure. Good luck with your “million in cash.” Hope it works out better than your energy investments.
Posted by Lgrnwd
Member since Jan 2018
5234 posts
Posted on 3/23/20 at 3:53 pm to
Also utilities significantly underperformed the market again today. There is definitely a rotation taking place from defensive into risk positions.

The market is gearing up for a rally. If those idiots in Congress can get a stimulus bill to pass we could see a very significant rally.

But the little faith I had left in our elected officials has completely gone after watching this debacle the past few days.
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 3/23/20 at 3:56 pm to
quote:

Good luck with your “million in cash.”
Over a million in cash, snowflake.

My cash can beat up your cash...
Posted by bod312
Member since Jul 2015
846 posts
Posted on 3/23/20 at 3:59 pm to
quote:

This market ain’t doing shite when 75% of the U.S. economy is HALTED and new states are joining every day.


quote:

75%


Link? I know the economy is shut down to an extent but I am curious to this 75%. 75% based off of what metric? Are you saying the current GDP of March will be 25% of March 2019?
Posted by Tri City Tigers
Member since Oct 2018
2343 posts
Posted on 3/23/20 at 4:48 pm to
I could see a one day rally up to 20K when they announce stimulus checks, but I could see the market bottoming out around 16K at the end of this week when the unemployment numbers are announced.
This post was edited on 3/23/20 at 4:55 pm
Posted by molsusports
Member since Jul 2004
36112 posts
Posted on 3/23/20 at 5:07 pm to
I can't help but notice that the downturn in the market has resulted in an upturn in petty bickering on this board. Suddenly partisan politics and "yes it is" "no it isn't" level discussions are a lot more prevalent.

This (investing) is a long term thing for most of us. If people want asinine behavior perhaps the politics board or the OT are better places to frequent. JMO and TIFWIW
Posted by JetsCoach
Bossier City
Member since Dec 2017
769 posts
Posted on 3/23/20 at 5:18 pm to
quote:

This market ain’t doing shite when 75% of the U.S. economy is HALTED and new states are joining every day


Not sure that is true. Markets will turn long before those numbers improve. They always do. If you wait for those numbers to improve, markets will be considerable improved. Just speaking from experience.

This post was edited on 3/23/20 at 5:43 pm
Posted by BearsFan
Member since Mar 2016
1283 posts
Posted on 3/23/20 at 5:21 pm to
I think I have no idea where bottom is. Though I doubt it is this week.
Posted by Shepherd88
Member since Dec 2013
4584 posts
Posted on 3/23/20 at 7:08 pm to
quote:


Not sure that is true. Markets will turn long before those numbers improve. They always do. If you wait for those numbers to improve, markets will be considerable improved. Just speaking from experience.




Exactly. Markets will be recovering 6 months before economy does.
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram