But if you win, it's infinite hookers & blow at 32x... Or you become the hooker when they call your margin.
Gee I hope you didn't buy this 'dip', because we are going back down again.
Gee I hope you didn't buy this 'dip', because we are going back down again.
The 32x leverage etfs are coming in 2016 if you want to play with more fire.
Guess what is going to happen to the market on Friday?
Heres a hint:
Hahaha.
Just out of curiosity, what is your thought process for why stocks will be down tomorrow?
My guess: Jobs report will come in showing an overall good report. Thereby indicating to investors a fed rate hike this month will happen. BAM, stocks plummet. Dow down 500.
I love guessing stocks just to see what happens
Hahaha.
Just out of curiosity, what is your thought process for why stocks will be down tomorrow?
My guess: Jobs report will come in showing an overall good report. Thereby indicating to investors a fed rate hike this month will happen. BAM, stocks plummet. Dow down 500.
I love guessing stocks just to see what happens
employers added 173,000 workers in august and the jobless rate dropped to 5.1 percent, a level that the federal reserve considers to be full employment.
And August is a month that is notorious for having steep upward revisions, so 5.1% is probably conservative. I'm sure the fed realizes this. Despite any existing slack in the jobs market, I don't think they have any choice at this point. The market is going to start raising rates regardless of what the fed does so it's a moot point either way.chaos! Chaos i tell you!!! All hell has broken loose! The fed is raising rates!
And August is a month that is notorious for having steep upward revisions, so 5.1% is probably conservative. I'm sure the fed realizes this. Despite any existing slack in the jobs market, I don't think they have any choice at this point. The market is going to start raising rates regardless of what the fed does so it's a moot point either way.
It has to be brought back up one way or another.
Can not risk having the market actually reflect the state of the economy, Dow 12-14k, S&P 1200-1300.
The dips, have typically been a good buying opportunity given the massive stimulus and implied Put the Fed has on the equity market.
But waters definitely look quite a bit more choppy (dangerous) than usual. I'd time the market by not timing it, regularly monthly or quarterly investment in index fund or ETF.
I'd wait until the VIX settles down a bit. There's probably still some downside left in this market. For the past three years, the price for the S&P500 has been going up while earnings estimates have been going down. Now, for the first time, the market and estimates are lining up.Sooo should I max out my ROTH on Index funds now, or wait until the Fed makes the announcement? I mean, the markets are down now because with these numbers people are expecting the fed to raise rates. The question is if they go lower when they actually announce what everyone suspects.
It depends what you buy. Rates are definitely going up and the Fed probably has less to do with it than you would think. Everybody knows what the stats are showing - low UE, modest wage growth, just in general a strong economy. Plus, if reports of foreign selling of USTs are actually true and significant to impact the bond market, that means lower prices and higher yields whatever the fed does.That's kind of a scary chart.
Looks like I may be sitting out longer than I planned. Would like to buy some preferreds, but rate rise will likely mean price drop on fixed income to boost yield. Supposed leaked Fed rate schedule said rates wouldn't top out for a few years. FML.
Goes back up on Monday, but will give back later in the week. :|