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Started By
Message
Why does the stock market keep going up despite bad news everywhere?
Posted on 9/9/22 at 1:09 pm
Posted on 9/9/22 at 1:09 pm
- Inflation
- Droughts world-wide and in the Western United States
- Heat waves and lack of water in the US affecting crop yield, especially in California
- Impending winter energy crisis in Europe
- Ukraine/Russia war affecting fertilizer supply and food supply
- High likelihood of US Debt default when the Republicans and Kevin McCarthy take over the House this November
The list goes on and on....but for whatever reason Peloton is up +12%, Shopify +8% and Tesla +3% on the day.
What gives?
- Droughts world-wide and in the Western United States
- Heat waves and lack of water in the US affecting crop yield, especially in California
- Impending winter energy crisis in Europe
- Ukraine/Russia war affecting fertilizer supply and food supply
- High likelihood of US Debt default when the Republicans and Kevin McCarthy take over the House this November
The list goes on and on....but for whatever reason Peloton is up +12%, Shopify +8% and Tesla +3% on the day.
What gives?
This post was edited on 9/9/22 at 1:48 pm
Posted on 9/9/22 at 1:12 pm to Street Hawk
Ignoring the political aspects of your post, I'll give a generic answer: either the market disagrees with your assessment on some or all points, believes those eventualities have already been priced in at more severe levels than is now anticipated, or both.
Posted on 9/9/22 at 1:13 pm to Street Hawk
Normies will tell you it is priced in. The astute will tell you that the market hasn't realized what is actually happening.
Posted on 9/9/22 at 1:21 pm to Street Hawk
Market is forward looking, most of that is old news.
Posted on 9/9/22 at 1:26 pm to Street Hawk
The stock market is fake bruh. It’s welfare and food stamps for the middle and upper classes and an incentive to keep them working
Our economy is based off buying junk from China and putting it in boxes and selling it to each other
The government prints money to always keep the stock market somewhat bullish so you’ll go to work and get your 2.5% appreciation in your ira every year. When things go up a little bit you don’t mind that your neighborhood is declining and they got weekly drag queen story hour at every public place
It’s just like food stamps and welfare. The government makes the stock market go up as a form of riot control
Our economy is based off buying junk from China and putting it in boxes and selling it to each other
The government prints money to always keep the stock market somewhat bullish so you’ll go to work and get your 2.5% appreciation in your ira every year. When things go up a little bit you don’t mind that your neighborhood is declining and they got weekly drag queen story hour at every public place
It’s just like food stamps and welfare. The government makes the stock market go up as a form of riot control
Posted on 9/9/22 at 1:27 pm to Street Hawk
quote:
Peloton
I thought this stock wasn’t doing so great the last 12 months or so. What’s going on with it now?
Posted on 9/9/22 at 1:30 pm to Street Hawk
You sitting on that mattress of cash i'm guessing ?
Still a few more weeks of Sept though. We shall see.
Still a few more weeks of Sept though. We shall see.
This post was edited on 9/9/22 at 1:42 pm
Posted on 9/9/22 at 1:32 pm to el Gaucho
Part 2:
Back in the day when we made things here you’d go to work at a factory or coal mine where you and the boss were like family and you worked hard and got to go get drunk at the bowling alley after an 8 hour shift and when you turned 55 you’d get to retire and fish til you died and not have to worry about anything because you had a pension
Then the boomers voted for things like “osha” “nafta” “the epa” “child labor laws” etc that ruined it all. Now it’s illegal to open a factory in this country. But the powers that be had to give us a stock market so we stay occupied and they figured out how to fleece the sheep that invest in it
Back in the day when we made things here you’d go to work at a factory or coal mine where you and the boss were like family and you worked hard and got to go get drunk at the bowling alley after an 8 hour shift and when you turned 55 you’d get to retire and fish til you died and not have to worry about anything because you had a pension
Then the boomers voted for things like “osha” “nafta” “the epa” “child labor laws” etc that ruined it all. Now it’s illegal to open a factory in this country. But the powers that be had to give us a stock market so we stay occupied and they figured out how to fleece the sheep that invest in it
This post was edited on 9/9/22 at 1:34 pm
Posted on 9/9/22 at 1:48 pm to Street Hawk
Suppose it depends on your perspective...
If you're a long term investor, someone mentioned it's a form of riot control... It always goes up if you zoom out.
If you're a swing trader, you're selling the rips as the trend is still down on a one year chart.
If you're a short term or intra-day trader, the shorts got over their skis and are getting ripped if you're looking at this week. Hell the market dropped 10% in 3 weeks just a few days ago!
Which one are you? It's when you jump back and forth that you frick yourself.
ETA. You didn't even mention the fed, which is the only thing you should have on your list.
If you're a long term investor, someone mentioned it's a form of riot control... It always goes up if you zoom out.
If you're a swing trader, you're selling the rips as the trend is still down on a one year chart.
If you're a short term or intra-day trader, the shorts got over their skis and are getting ripped if you're looking at this week. Hell the market dropped 10% in 3 weeks just a few days ago!
Which one are you? It's when you jump back and forth that you frick yourself.
ETA. You didn't even mention the fed, which is the only thing you should have on your list.
This post was edited on 9/9/22 at 1:52 pm
Posted on 9/9/22 at 2:09 pm to UpstairsComputer
quote:
The stock market is fake bruh
Exactly. Those with money will move the market as they need to move the market to benefit them and them only.
Yes, I have a shite ton in the market, but I also realize other people are playing roulette with my money.
Posted on 9/9/22 at 2:32 pm to Street Hawk
I think it has a lot to do with lack of other options. Where else would you put your money right now?
Cash? - losing 10+% of its value per year
Crypto - most of it is highly speculative and in the shitter
Bonds have sucked too.
Your average person isn't buying real estate as an investment but it's declining as well.
Cash? - losing 10+% of its value per year
Crypto - most of it is highly speculative and in the shitter
Bonds have sucked too.
Your average person isn't buying real estate as an investment but it's declining as well.
This post was edited on 9/9/22 at 2:34 pm
Posted on 9/9/22 at 2:42 pm to Street Hawk
Who is the main buyer of U.S. equities?
Posted on 9/9/22 at 2:46 pm to Street Hawk
the market has never made any sense, during good or bad times.
people just want the market to tank depending who their preferences for president are.
people just want the market to tank depending who their preferences for president are.
Posted on 9/9/22 at 2:48 pm to Street Hawk
quote:
Why does the stock market keep going up despite bad news everywhere?
It sounds like you need to understand one MAJOR fact. The stock market =/= the economy.
Write that down.
Posted on 9/9/22 at 2:52 pm to wutangfinancial
quote:
Who is the main buyer of U.S. equities?
Vanguard
Posted on 9/9/22 at 2:56 pm to UpstairsComputer
quote:
It's when you jump back and forth that you frick yourself.
This is the hardest thing to learn. The fear of thinking its going to tank and selling only to buy back two days later at a higher value. I now just buy good companies usually on bad days and hold on. Lost to much money buying the ups and downs
Posted on 9/9/22 at 3:25 pm to Street Hawk
Optimism until economic reality dick-slaps it in the face. It's why the market shite itself after Powell did no more than re-iterate the Fed's stance on hitting 3.4 by the end of the year.
Posted on 9/9/22 at 3:31 pm to el Gaucho
"you turned 55 you’d get to retire and fish til you died"
Dying was usually before age 70, but maybe still not a bad deal. Although I agree with your post, poor people used to live like poor people. With credit, poor people play golf and get the best clubs. I never met a person who ever played golf until I was in high school. We, and many families around us had one car. All of my cousins shared bedrooms, and many of their homes had one bathroom. We got air conditioning pretty early, but I stayed with relatives who had a box fan in the window. Nobody that I knew in college had ever gone to Europe, and most of us had never been on a plane. Retiring at 55 is still probably not that difficult.
Dying was usually before age 70, but maybe still not a bad deal. Although I agree with your post, poor people used to live like poor people. With credit, poor people play golf and get the best clubs. I never met a person who ever played golf until I was in high school. We, and many families around us had one car. All of my cousins shared bedrooms, and many of their homes had one bathroom. We got air conditioning pretty early, but I stayed with relatives who had a box fan in the window. Nobody that I knew in college had ever gone to Europe, and most of us had never been on a plane. Retiring at 55 is still probably not that difficult.
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