What's everyone been buying? Here's the one week performance for S&P as of 12/24

So at the current rate of decline the stock market would be at zero in what 7 months to me this actually feels worse than 2008-9 because that was rational

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What's everyone been buying?

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SH and SDS. For those wondering why, I developed and use a mechanical investing strategy for stock indices that only uses technical analysis. It produced a short signal a couple of weeks ago, indicating this may be the start of a bear market.

I don't recommend anyone follow me since I'm the only one with access to the signals and data. Besides, I'm an anonymous poster on the internet, so how do you know I'm telling the truth?

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What's everyone been buying?

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I judt took an exit this morning on my speculative stuff to lock in profits.


absolute bloodbath based on phone alerts right now

I got some VLO

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The question for me is whether to take my cash on the sidelines and plug it into the market.

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Same here. I've been sitting between 25-30% cash in my brokerage accounts for about 3 months and I'm itching to pull the trigger.

I bought some more JPM about 3 weeks ago and that was poor timing on my part.

I thought the fear factor was high then but it's a lot higher now.....

more likely this is a pull back of bull market or entrance into a bear market.

since weve been in a historically long bull market and all.

There's no doubt that the hatred is there.

But Powell is a Trump appointee. If Powell is purposefully sabotaging the economy that would mean Trump didn't do a good job screening him for the job, imo.

I just think it's combination of things.....tariffs, rate increases, political uncertainty (including Brexit), the budget standoff, Dems taking control of the House, etc, that's given a lot of investors an excuse to sell. The media selling advertising by proclaiming doom and gloom 24/7 isn't helping either.

Let's put it into perspective: the last time the Dow Jones was at this level was just 14 months ago.....October, 2017. That's not that long ago.

Since Presidential election day in 2016 the DJ had risen from 18,332.74 which is where the Dow Jones closed on 11/8/2016 to 26,277 as recently as 11/8/18, which is just 6 weeks ago.

When the DJ drops almost 4,000 points in just 6 weeks it seems bigger than it actually is.

JPM We are heading straight into GFC #2 and you are buying banks when we have only started.

And AMZN with that valuation?!?!

You have NO CLUE how to navigate these markets

2400?!?!

This market will be in the 1800's next spring

1300's end of next year / into 2020