time to switch to cash/bonds!Wooooooooooohoooooooooooooooooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!
Dow made it past 20,000!!!!!!!!!!!!!!!
BBQ!
The Shiller CAPE is now approaching 29. If we get to 33, it'll have kicked the 1929 peak in the ass!
if you're confident in the stock market but want to keep some money in bonds, you can always move some money into high yield. HY tends to move more with the market than interest rates since those securities are more of a bet on the underlying companies' prospects than on the rate of return. Just take a look at any HY mutual fund chart for the past year and you'll see what I mean.My current portfolio is around 66% US total market, 21% international total market, and 13% total bond market ... I really want to ditch the bonds since they seem pretty useless at the moment. At the least I can move the bonds in my one account to the "stipulation free" tiaa traditional, but not sure what to do with the others.
But, but . . . projected yields are like, 6%.Wooooooooooohoooooooooooooooooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!
Dow made it past 20,000!!!!!!!!!!!!!!!
BBQ!
The Shiller CAPE is now approaching 29. If we get to 33, it'll have kicked the 1929 peak in the ass!
time to switch to cash/bonds!
The point though is that p/e ratios are flawed to begin with. Price is a current measure of future performance while earnings is a measure of past performance. It's apples and oranges. The appropriate measure is current price and expected earnings.I'm just a doomer... but looking up some S&P 500 charts, the dot-com (CAPE ~44) bubble caused a ~45% dump, and 2008 housing crisis (CAPE ~27) caused a ~52% dump. The 1929 crash (CAPE ~32) did a ~40% dump on the DOW. We're at about 28.5 today. It's probably nothing, new paradigm and all.
Speaking of new paradigms, Toronto's housing market is showing like 25% yoy gains. This time last year, Vancouver was showing 30% yoy gains -- sales volumes have fallen off a cliff since then but no biggy.
Wait until next week. The liberal media is jealous of the Trump rally and just might succeed in bringing the market down.
Any good steel and concrete stocks to buy? I have a feeling those are going to be going up. Thanks Trump!
Seriously though, anything that might be worth checking out? I'm more after the penny/dollar stocks. Have to buy in groups of 100 with the site I'm with.
I noticed Bombardier actually went up recently. I'm actually making money with that one if I was to sell! That's a long term stock though. I figure if ever it hits like 4 bucks I might sell.
Wow never even thought of checking AMD, did not figure they'd be that low. Not that the company is doing that great but I don't exactly see them just vanishing either. Might have to look deeper into that one.
or the market is getting nervous that Trump is on the wrong side of sanityWait until next week. The liberal media is jealous of the Trump rally and just might succeed in bringing the market down.
They are actually up ~330%+ over the last year. They aren't technically "low" --that ship has sailed, lol. BUT--compared to other silicon companies, they are indeed a bargain. I personally don't think they have a lot more movement this year (Well, 30-40% maybe, that's still great, obviously), as the current value and movement over the last year is primarily based on expectations. The upcoming Zen and Vega release are more or less baked into the current price, imo. So, I'm thinking up to 15 over the next 2 quarters. Maybe if Zen is a massive hit and Vega is priced well/actually competitive, they could potentially spike into the $20-25+ range...but probably only briefly.
The company is far, far, far better managed than in the past. While the debt burden is still pretty awful, AMD actually paid off half that load about 6 months ago. ...so certainly not as bad off as they could be.
The main thing is that they really only have everything to gain since their market share vs Intel is essentially 0%, and vs nVidia, they recently clawed back into ~30% range from their low of ~18%, simply on their release of midrange Polaris back in June and console contracts w/ MSFT and Sony.
Of course I could be totally wrong. They could hit $50 this year on the back of some magic and rampant speculation. Or they could drop back to $2 in another week. I think the biggest worry right now is what effects the entire industry in the short-term: The Orange Tostito initiating a tariff on Asian-manufactured electronics (this actually affects AMD more, as Intel especially and nVidia have a larger percentage of domestic Fab); or simple speculation and movement with investors pulling out of tech and into construction/energy investment due to the Tiny-fingered Man-Baby in the White House tweeting about a wall of some sort.
Also, AMD is expected to report a loss with 4th QTR earnings--this was part of their 3rd qtr call. I would wait until then and if the share price contracts a bit for a better buying opportunity.
Wait until next week. The liberal media is jealous of the Trump rally and just might succeed in bringing the market down.
sure. It has everything to do with that mythical liberal media and absolutely nothing to do with Pres Angry Fingers and his late night "toilet proclamations" via Twitter calling out companies like Ford, causing share price contractions.
Also, Dow hitting 20k doesn't mean crap for anyone but the millionaires who didn't need it anyway.
Hey, hey, hey, don't you talk shit about them rich people and the Dow! IIRC, it's bank stocks -- specifically Goldman -- that are among the biggest winners since Trump winning.
Oh, and DRYS is down 90% in the past month. A month ago, they were $30 after adjusting for the reverse-split. They are now at $3 -- which was what they were at a week or two ago before the split. The split was something like 8:1 so they would be under $0.50 using the old share count.
bdi that bad, huh?Oh, and DRYS is down 90% in the past month. A month ago, they were $30 after adjusting for the reverse-split. They are now at $3 -- which was what they were at a week or two ago before the split. The split was something like 8:1 so they would be under $0.50 using the old share count.
Is DRYS a real company? What I mean is--is there actually evidence that their incorporated address (in Greece?) isn't just an empty storage closet with a 40 year-old fax machine and a drinking bird toy standing in front of it?
An Ontario Superior Court of Justice approved an application... to place HMV Canada Inc. into receivership.
HMV currently... employs about 1,340 people, most of them at its retail locations.
General Motors is cutting 625 jobs at its assembly plant near London, Ont., as it shifts some production to Mexico.
The company has taken all three of its e-commerce properties – Shoes.com, OnlineShoes.com and ShoeME.ca – offline.
It made its approximately 200 employees aware of the decision early on January 27...
I was in Walmart the other day and I could have sworn I heard a little girl say to her mother "buy AMD". So who knows.....your AMD calls might payoff with a nice earnings surprise. There is a very old saying "from the mouths of babes".
I've got some $10 leap calls on AMD that I feel pretty good about.
Also had some leap calls on IBM that expired today but I lost my shirt even though they closed in the money, technically. So Monday I'm going to be about $15k into my margin account to make about $50 on a $1300 trade. Woo hooooooo!
Ah yes, Jack Kennedy's comment about the shoeshine boy giving him stock tips.
No, FDK, you did not hear a little girl say that in Walmart.