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re: What’s up with the stock market lately?

Posted on 1/19/22 at 9:10 pm to
Posted by Mootsman
Charlotte, NC
Member since Oct 2012
6025 posts
Posted on 1/19/22 at 9:10 pm to
quote:

Chances are, tomorrow is the start of a bounce to all time highs before a real correction in the next 4-6 weeks.


So you're saying the S&P is going to randomly jump 6% tomorrow? Do you steal copper wire to support your crack habit because you clearly don't fund it with trading acumen.
Posted by oneg8rh8r
Port Ludlow, WA
Member since Dec 2003
2702 posts
Posted on 1/19/22 at 9:22 pm to
I see things getting really rough and soon due to interest rate raises coming. I personally think you will see an additional 20% or more drop within next 2 mos.

On the bright side, this is why you always have cash, because it is and will get better IRT buying opportunities.

I'm not retiring within the next 10 years, so the more the market gets hammered now the better off I will be in the long run.

I just shifted my input into my 401K into high gear.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35348 posts
Posted on 1/19/22 at 10:33 pm to
quote:

Chances are, tomorrow is the start of a bounce to all time highs before a real correction in the next 4-6 weeks.


I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.

Is it a meme or something? I've seen hundreds of posts exactly like this across social media. "I think we see 10% gains within the next couple weeks but shortly after that we will drill 20%"

Conversely you can find tons of posts saying the opposite. "I predict the market tumbles another 3-4% then we rocket past the previous ATH with ease by middle of next week"

Like why lol
This post was edited on 1/19/22 at 10:43 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35348 posts
Posted on 1/19/22 at 10:35 pm to
quote:

On the bright side, this is why you always have cash


How long have you been sitting on that cash?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/19/22 at 10:57 pm to
quote:

On the bright side, this is why you always have cash


only lost 7% on that last year, well done man
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/19/22 at 11:57 pm to
quote:

I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.


Been reading the board since 2008, and not a single time has anyone got it right.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/20/22 at 5:54 am to
10 year is really high too
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 1/20/22 at 5:58 am to
Those Reddit Crowd have no clue what they are doing. They are just giving their money to people much smarter than they are that have been in the game longer than they have been alive
This post was edited on 1/20/22 at 5:59 am
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 1/20/22 at 6:30 am to
quote:

What’s up with the stock market lately?


Sometimes it goes up. Sometimes it goes down.

quote:

Did I miss something?


Apparently the first day of Econ 101
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
68333 posts
Posted on 1/20/22 at 7:53 am to
quote:

Indices are probably gonna drop 15-20% by June.


This has already happened with small cap pretty much since November
Posted by Hayekian serf
GA
Member since Dec 2020
2561 posts
Posted on 1/20/22 at 8:05 am to
Wait until folks can get a good rate with CDs.

It’s coming
Posted by Boss13
Mobile
Member since Oct 2016
1158 posts
Posted on 1/20/22 at 8:08 am to
quote:

So you're saying the S&P is going to randomly jump 6% tomorrow? Do you steal copper wire to support your crack habit because you clearly don't fund it with trading acumen.



quote:

... tomorrow is the start of a bounce...


You can say I'm wrong or that my opinion is stupid, but don't misquote me.
Posted by Boss13
Mobile
Member since Oct 2016
1158 posts
Posted on 1/20/22 at 8:17 am to
quote:

I love this shite. Whether it's here, or Reddit, or Twitter or wherever there's always people saying that we are going to both skyrocket to all time highs and then immediately plummet sometime within the next 2 months.

Is it a meme or something? I've seen hundreds of posts exactly like this across social media. "I think we see 10% gains within the next couple weeks but shortly after that we will drill 20%"

Conversely you can find tons of posts saying the opposite. "I predict the market tumbles another 3-4% then we rocket past the previous ATH with ease by middle of next week"

Like why lol


I'm basing my opinion on the price of the treasury yields and junk bond prices as well as earnings season at the end of the month capped off with the fed meeting on the 24th or 25th. The market is over reacting right now to things that haven't even been decided on.

Alot of people are expecting a correction because there aren't many options to get inflation under control absent raising the interest rates, which may have to happen at a faster than expected pace due to the inflation we are seeing.

I may be wrong, if I could predict the market I'd be a billionair. I can't, and that's why I only touch about 5% of my portfolio.
Posted by EOT
70769
Member since Dec 2006
1432 posts
Posted on 1/20/22 at 8:37 am to
But where is this money going? Definitely not in cash savings...
Posted by skewbs
Member since Apr 2008
2008 posts
Posted on 1/20/22 at 8:50 am to
quote:

I’ll keep DCAing regardless of the market. If we see bear market territory then I’ll buy up in some bigger slugs. It’ll be painful on the way down but it won’t change anything in the process.


This guy gets it
Posted by FLObserver
Jacksonville
Member since Nov 2005
14470 posts
Posted on 1/20/22 at 9:35 am to
quote:

... tomorrow is the start of a bounce...


Looking good so far but that dam 3 pm to 4pm can change that real quick
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
71146 posts
Posted on 1/20/22 at 11:35 am to
quote:

If you’re under 40, load up!


This is actually good advice.

If it doesn't recover in the next 25 years you're screwed anyway.
Posted by TDTOM
Member since Jan 2021
14573 posts
Posted on 1/20/22 at 1:20 pm to
It's a fugazi.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31143 posts
Posted on 1/20/22 at 1:48 pm to
So fricking random...we're up 460 points bouncing of a huge selloff, but then for no apparent reason the market starts to give back most of those gains.
Posted by MrJimBeam
Member since Apr 2009
12307 posts
Posted on 1/20/22 at 2:04 pm to
That’s because the next generation is too busy buying craft beer, tattoos, and concert tickets.
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