The stock market is tanking, we should be happy right????

[kev374]

Massive rally today, looks like the 200 dma provided solid support for the S&P500 and we may go higher to break out of the correction. Trade concerns which was the main issue are waning.

[spdrun]

Up today, hopefully down tomorrow. This is fuuuuuun to watch! Hopefully participants are feeling a nice case of heartburn…

[kev374]

nothing to worry as long as it’s over the 200 dma, s&p500 2585.

[Coronita]

lol

[FlyerInHi]

If a debt crisis comes, as fiscal conservatives predicted for decades, real estate should be a better hold than stocks.

https://www.washingtonpost.com/opinions/the-debt-crisis-is-on-our-doorstep/2018/03/27/fd28318c-27d3-11e8-bc72-077aa4dab9ef_story.html?utm_term=.b3dd517dbb15

[spdrun]

NASDAQ- lol. Looks like the privacy/cloud chickens are finally coming home to roost with the Facebook call-tracking, etc, etc, etc, scandal.

If it’s free… you’re the product.

[carlsbadworker]

[quote=FlyerInHi]If a debt crisis comes, as fiscal conservatives predicted for decades, real estate should be a better hold than stocks.

https://www.washingtonpost.com/opinions/the-debt-crisis-is-on-our-doorstep/2018/03/27/fd28318c-27d3-11e8-bc72-077aa4dab9ef_story.html?utm_term=.b3dd517dbb15%5B/quote%5D

I blame it all on Bernanke. 08-09 was supposed to be the golden opportunity to learn fiscal responsibility, but these guys think bubble burst is a crisis instead of bubble itself as a crisis (that Americans have to spend a large proportion of income on housing, rather than to find more productive use of that capital).

I was actually fine with them buying residential mortgage…but why propping up the stock market so that it was only below the trend line for a few months? It is not FED’s responsibility to rescue stock investors.

[kev374]

200 dma is holding on the S&P500 despite tech being down, impressive! The bulls are not backing down.

[Coronita]

lol

[carlsbadworker]

[quote=kev374]200 dma is holding on the S&P500 despite tech being down, impressive! The bulls are not backing down.[/quote]

I added some stocks recently but just found that my equity exposure was actually lowered because of the decline, maybe time to a little bit more if tomorrow is still a down market.

Growth stocks are declining more in the past week, which is usually the characteristic of the end of bull market though. However, last 4 times when large growth vastly outperform large values are: 1998, 1999, 2007, 2009. Only two of the events resulted in the start of the bear market, so it is not a sufficient leading indicators for the bear market.

[kev374]

massive rally today! this could be the breakout to the upside that we were waiting for 😉

[spdrun]

Up and down we go… WHEEEEEE! Fun ride. Massive rally on Monday as well, then Crashius Cray smacked the markets…

[carlsbadworker]

[quote=spdrun]Up and down we go… WHEEEEEE! Fun ride. Massive rally on Monday as well, then Crashius Cray smacked the markets…
https://www.youtube.com/watch?v=ACQtzWEzWLE%5B/quote%5D

It looks like it doesn’t matter whether you buckle or unbuckle your seat-belt. Since the title of the movie is Alive, I guess some lucky guys on the plane survived?

[Coronita]

still think folks would have been better off buying a home to live in so they don’t need to pay rent instead of speculating in the stock market starting in January of this year.

[Reality]

[quote=kev374]massive rally today! this could be the breakout to the upside that we were waiting for ;)[/quote]

Every bubble needs cheerleaders.

“Sis Boom Bah! Rah Rah Rah!”

[Author]

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