Posted on 03/01/2017 7:04:54 AM PST by SeekAndFind
Edited on 03/01/2017 9:31:26 AM PST by Admin Moderator. [history]
U.S. equities kicked off Wednesday trading sharply higher, with the Dow Jones industrial average climbing above 21,000 for the first time, on the back of President Donald Trump's speech to Congress.
Trump's speech, which was delivered Tuesday night, was widely praised for its positive tone but lacked specifics about tax reform and deregulation, two key components of the market's postelection rally.
(Excerpt) Read more at msn.com ...
All Democraps now on suicide watch.
America succeeds and Democraps hate all the winning.
Continue to believe, how can this administration be anything but good for business and the economy?
That’s been that close for how long now?
Too long.
Will watch to see if anyone (Soros) pulls $2 billion out of the market to cause a meltdown. That’s how Obama was elected in 2008. Hope it doesn’t happen, but watching with eyes open.
The DOW going up reflects the big companies that make up the DJIA becoming bigger and bigger percentages of the economy, rather than the economy getting bigger.
The market reflects peoples’ hopes for the future. Looks good with Trump at the helm.
One advise to those who want to protect their gains against any possible huge downturn when you own individual stocks now that markets are going gang busters —— PUT A TRAILING STOP TO THOSE EQUITIES THAT HAVE GAINED BY A LOT !!
I learned my lesson in the internet bubble of 2000 and in 2006, put trailing stops on the stocks that have gone up by 20%. That move protected me from the eventual crash due to the mortgage crisis.
Of course you can;t do that if you own mutual funds, but you can if you own ETF’s.
One advise to those who want to protect their gains against any possible huge downturn when you own individual stocks now that markets are going gang busters —— PUT A TRAILING STOP TO THOSE EQUITIES THAT HAVE GAINED BY A LOT !!
I learned my lesson in the internet bubble of 2000 and in 2006, put trailing stops on the stocks that have gone up by 20%. That move protected me from the eventual crash due to the mortgage crisis.
Of course you can;t do that if you own mutual funds, but you can if you own ETF’s.
The markets have gained 3 trillion since Trump was elected.I doubt the markets would notice Soros pulling 2 billion out.
Good advice. Stop loss in on DDM shares purchased the day after the election, it’s been quite a ride.
The Price-Earnings ratios are already at the levels they were just before the dot.com and high-tech bubbles burst. It is currently irrational exuberance in my view. I’d feel differently - based on the fundamentals - if the present stock prices were not the artificially boosted levels they are due almost entirely to federal reserve stimulus, NOT economic performance.
Sell at least half of what you hold now.
Hold a half that represents the most long term stable companies in your portfolio.
After the bubble bursts, then you can buy low. Four years & beyond from now some companies might be having the earnings expectations predicted now, but then, after the bubble bursts, the stock values will be within norms for buying again.
There is a large risk already that if you buy now you are buying high, instead of buying low.
RE: I’d feel differently - based on the fundamentals - if the present stock prices were not the artificially boosted levels they are due almost entirely to federal reserve stimulus
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Isn’t the Fed currently in the mood to RAISE interest raise? Inflation is going up and it seems that raising rates is their inclination.
But the market seems to have anticipated that and that inclination has already been priced in.
BOOM!
Market is up by TRILLIONS since the election. Soros pulling out a few billion won’t even be noticed. Trump has been elected. It’s too late for Soros to have any impact.
Current Shiller PE Ratio: 29.43 Wed Mar 1
Mean: 16.73
Median: 16.12
Min: 4.78 (Dec 1920)
Max: 44.19 (Dec 1999)
The December 1999 value is an outlier because it was the peak of the internet bubble, where dotcom stocks were selling at astronomical prices in spite of zero earnings.
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