Posted:
#1
take it to the bank men, 26,000 is a tease, look for a big time drop
The Market will crash just before Week 1 of the next NFL season
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Views: 1285
Posts: 12
Posted:
#3
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
Gamble for entertainment, invest for wealth!
Posted:
#4
Quote Originally Posted by gambleholic63:
Earnings guidance is being raised by 9 outt of every 10 corporations. Rates are still low. Tax reform is creating wage growth. All of this will create 3% plus GNP growth while consumer spending provides the fuel for the economy. A recession is basically off the table for 2019-2020. This, any market correction we see will only be a reason to buy more stocks. This is the greatest bull market of your lifetime after the lost decade during the 2008 financial crisis. Don't miss out!
^^^^This^^^^
Posted:
#7
i was thinking the same...so far a major correction of 20% or more hasn't happened...possible we get a correction soon but if we get one i think it'll be a BUYING opportunity ...if we get INFLATION then i think we'll see a major correction due to rising interest rates (5%-5.5% area)...but until that point we'll hold these levels or go higher....imo
Posted:
#8
Fundamentals are way to strong for a big correction, when the market does correct with strong fundamentals it goes back up in a short time as we saw getting back to record highs.
For the first time in history company's reported 20% earnings in back to back quarters.
What these so-called experts don't tell you about interest rates is the market historically goes down when the prime rate is about 8.5 to 9.5, it is only 5% now.
Interest rates are still very low historically, a small rise will only spur company's to act now and take advantage of these low rates instead of waiting,
i posted this same info on interest rates 2 or 3 years ago or so when the fed first started to raise rates and many were saying that would kill the market, and look where the market has gone.
The market is very expensive now but expensive markets can and have gone up even giving historically great returns under the right conditions.
Eventually all great markets come down but the fundamentals are way, way to strong for any big lasting correction at this time or in the near future.
Posted:
#9
^^ Great post 'Claw... the way I see it, growth can continue awhile unless the Trump Tarriffs take a nasty turn on corporate behavior or domestic prices (i.e. inflation). It really is a wild card. It's a fight worth taking for the longer-term economically for the U.S., but it could inflict some short-term pain on U.S. investors. To your point, I wouldn't expect it to be any big lasting correction if one does occur.
Someone will blink and change course, and it's clear IMHO that President Xi of China is playing the waiting game (as is Rocket Man of North Korea for different reasons). Both will try to wait it out until the Democrats win in 2020. Whether that happens is unclear, but this is their hope and game plan.
China's economy may not wait until 2020, however...
Posted:
#10
Well, if today counts this prediction was only a month off. The reality is that today was really a big nothing-burger. The markets are now 5% off highs, more or less, depending on the index. That's nothing. The markets were overheated and needed a breather.....and it's not over. The selloff will most likely continue. It's the way things work.
Is this a crash though?
Not even close! I doubt we ever see another 2008-type crisis in our lifetimes. If we do it will be because of WWIII and that's just not happening.
Gamble for entertainment, invest for wealth!
Posted:
#11
Quote Originally Posted by faceoff:
So here we go.... Only 5000 above the racist obama era false promises.... I WONDER IF I WILL BE BANNED FOR CALLING ''A RACIST'' A RACIST... I'LL LET YOU KNOW... I still believe in Trump and America as '' the savior'' of the world... And the savior of the '' middle class ''........
So here we go.... Only 5000 above the racist obama era false promises.... I WONDER IF I WILL BE BANNED FOR CALLING ''A RACIST'' A RACIST... I'LL LET YOU KNOW... I still believe in Trump and America as '' the savior'' of the world... And the savior of the '' middle class ''........
Give me a break.
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