Posted on 02/06/2018 5:28:24 AM PST by EBH
It will become a buying opportunity at some point, investors should have their shopping lists ready
It became a buying opportunity by the end of the day, for some.
P/E ratios are very high but earnings are a lagging indicator.
What will earnings be in 6 months? A year?
I would be buying dividend paying companies very soon.
From the time of the 270th electoral vote for Trump untill now, "The Democrat Party is nothing but flailing, lies, and gnashing of teeth at this point. "
HA HA HA
Soros is stirring up the "Palestinians" antagonizing Israel for the time being. James Woods has Hollywoodland under control. We need to get the heck out of Syria unless they use chemicals again, then we need to nuke them and let Russia have the scrapes. Afghanistan? heavy bombardment and numerous mushroom clouds. We need to be hearing horror stories from the survivors of the US killing all the bad guys yet showing compassion to the innocent. I think Nicki Haley has the UN finally convinced the the 80% of the revenue it received from US is being drastically reduced!
I think this and maybe one more price flurry and the US market is gonna soar straight and steadily upward until Donald Trump releases the reins of power in this country. This is what I told the wife the other day, and it is what helped her to finally reorganise her 401k. 1st time in 10 years. :)
It’s the financial equivalent of eating popcorn.
The FED is deeply entrenched in the swamp.
ANY speculation until the Cankle gets jailed will be FAKE NEWS!
That is the effect not the cause
Is it a coincidence that the market went south on Friday when the memo came out?
I was talking to a Shiller-CAPE devotee yesterday who told me that the debate in the value community was over whether the market was 30% overvalued, or 50% overvalued. But that’s what makes horseraces. When the market really was crashing in 2009 these were the guys who had dry powder and stepped in to buy at the lows.
Strange, indeed. I’d read here, yesterday, that NPR WAS essentially blaming Trump...and that the hosts sounded giddy.
Maybe someone explained how the market works, to them. Maybe Mark Cuban calmed them dow.n :-)
Good to know they got it right, finally.
Good to know they got it right, finally.
I have a couple of dozen stocks I look at and they are mostly in the red these past 3 trading days.
I spoke to soon.
My NVIDIA stock which had been red like the others is now up about $3.50 and climbing.
https://finance.yahoo.com/quote/NVDA
Markets rise. Markets fall.
Some of it is profit taking
Chillax
Well he did brag they are up. So wouldn’t it be fair to say oops when it’s down?
Does anyone remember the shock breakers that were put in place after 9/11? They were supposed to stop trading after a certain percentage fall or something. I think they went into play a few times during GW and Obama’s terms. I believe that this time someone (who?) decided to let it free fall.
Yesterday, NPR and the rest of the Fake Media are all beside themselves - with glee - over the falling market. Blaming Trump.
Last night, on FoxBiz, the hosts mention (at end of one of their shows) how odd it was that Yellen would even mention the market needing a correction...on HER WAY OUT THE DOOR.
Then, this morning, NPR now (correctly) saying that '...it is a blip and probably brought on by profit taking, a “correction”, and fears that the economy is so good that it is increasing fear of higher interest rates...'
Is NPR's sudden tune change a coincidence? I think not.
Fake News NPR not wanting Yellen to take the blame for this fall.
My 2¢
It hasn’t gone down enough in one trading day. These are ‘normal’ corrections. We’ve had a huge run up under Obama and Trump.
NVDA 222.35 +8.65 : )
Bfl
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