I bought some two days ago. Bought more yesterday. Bought even more an hour ago. No plans to sell anything this year or next.
I'll wait my turn to be smug.
I almost feel bad for the doom and gloomers... almost.
As VIX goes down my smug goes up.
Well well well...
Do you have a vested interest in down markets?Wait, let me get this straight, you are saying that stocks go up and down?
And when I said that if the QQQs bounced off 380 (the 50 DMA) it would go back to $400, which is where it is now, that was one of two possible outcomes? The alternative was the 200 DMA of $350.
There is a guy who has been the local businesses commentator since 1990 who said the PPI number that was just released was so terrible that the market may in fact head right back down soon. They are the worst on record going back decades.
Labor and materials costs are skyrocketing. Add in higher rates and you got a recipe for a stagnant 2022.
Of course anything is possible and its always hard to handicap investors ability to ignore bad news and "hope for the best" while running the market to more new highs.
The first two weeks of January will be telling as 10% corrections are known to happen during that time.
Nothing guaranteed though.
Do you have a vested interest in down markets?
I must have missed it while wading through all the thick smug.This question has already been answered a few posts up.
Some labor issues I think I heard.Any thoughts on why Walmart stock is in decline?? What are they doing wrong or right??
Any thoughts on why Walmart stock is in decline?? What are they doing wrong or right??
Supply chain issues, and the belief that inflation will cut into margins. I think Walmart will be fine. They will raises prices as all companies will.
It will be a down day. Which I'm sure you'll derive joy out of. It won't be much.And now for a reality check. A little hair cut is in order.
Jobless claims were the lowest in a very long time.
Most likely someone else in the household is paying for their living expenses.That's bad for the market because it goes more ammo to the few Hawks at the Fed.
What I want to know is where these people are getting money if they aren't working and aren't drawing unemployment.
I love when the market goes crashy crashy.
The govt dumped a lot of cash into the economy over the past year or two and a lot of people added at least a chunk of that to their savings. I haven't heard anything solid about people going back to school, but if they're quitting their jobs en masse and not getting new ones, they've got to be doing something.What I want to know is where these people are getting money if they aren't working and aren't drawing unemployment.