Results 1 to 18 of 18
  1. #1
    Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790

    Well that changed quick

    Pretty solid earnings season made me think stocks would be heading higher but a rate cut and tariffs sure seemed to make the market change direction.

  2. Banned
    Join Date
    Apr 2009
    Location
    Bridgewater, NS
    Posts
    9,054
    #2
    I think the markets are looking for any excuse to go down at this point.

  3. Member
    Join Date
    Mar 2014
    Location
    Arkansas
    Posts
    6,932
    #3
    Yeah, wish I would have held off buying some of the stuff I did this week

  4. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790
    #4
    I guess on a positive note the covered calls I sold won’t be in the money��

  5. Member
    Join Date
    Mar 2014
    Location
    Arkansas
    Posts
    6,932
    #5
    I'm not even logging into my trading accounts

  6. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,147
    #6
    Maybe the trade war will finally matter..........but this is probably just another op to buy some stuff
    Thanos was the hero

  7. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790
    #7
    Quote Originally Posted by Bassmaster96 View Post
    I'm not even logging into my trading accounts
    i haven’t looked this week

  8. Member
    Join Date
    Mar 2014
    Location
    Arkansas
    Posts
    6,932
    #8
    Quote Originally Posted by NitroZ7 View Post
    i haven’t looked this week
    I wouldn't suggest it

  9. Member
    Join Date
    Mar 2014
    Location
    Arkansas
    Posts
    6,932
    #9
    Quote Originally Posted by boneil View Post
    Maybe the trade war will finally matter..........but this is probably just another op to buy some stuff
    Yeah, I think so. I wish I had more funds to pick up some bargains, because there will be several I think.

  10. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790
    #10
    Well that was ugly today.

  11. Banned
    Join Date
    Oct 2018
    Posts
    133
    #11
    -60k for me, but there have been a whole lot of +20k days leading up to today. It ebs and flows no big deal over time the market rises more than it falls.

  12. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,147
    #12
    Are we witnessing the beginning of the fall of Communist China? I'm not a history buff, but hasn't many if not all the commy and socialist countries failed because of their currencies collapsing? China keeps their currency stable with dollars. They only have so much dollars, they could run out. They already have riots in the streets, once they lose control of their currency it's going to get really ugly.

    We have the winning hand. I don't think China can wait and gamble on the upcoming election. They wait too long and more companies will be sourcing manufacturing and goods from other countries.
    Thanos was the hero

  13. Member
    Join Date
    Apr 2018
    Location
    Windham,NH
    Posts
    3,744
    #13
    Stocks fell big time over night .

  14. Banned
    Join Date
    Apr 2009
    Location
    Bridgewater, NS
    Posts
    9,054
    #14
    Quote Originally Posted by boneil View Post
    Are we witnessing the beginning of the fall of Communist China? I'm not a history buff, but hasn't many if not all the commy and socialist countries failed because of their currencies collapsing? China keeps their currency stable with dollars. They only have so much dollars, they could run out. They already have riots in the streets, once they lose control of their currency it's going to get really ugly.

    We have the winning hand. I don't think China can wait and gamble on the upcoming election. They wait too long and more companies will be sourcing manufacturing and goods from other countries.
    China is keeping their currency devalued by design. If you are a net exporter, you want your money as low as you can get it.
    Companies aren't going to all move out of China in the short term; it's cheaper in the short/mid term to just pay the tariff.

  15. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,147
    #15
    What happens as more and more debt turns negatively yielding? There is $15 trillion in negative yielding debt around the world already and it appears to me that the world is racing to the bottom with lower yields. But I don't understand what happens. Why would you buy debt that is negative yielding. Is negative yielding debt not good for the govt issuing that debt?
    Thanos was the hero

  16. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790
    #16
    I think it is insurance companies, banks and other regulated businesses in Germany that may be required to buy German bonds that are buying them. I see no logical reason that anyone else would. However what happens to retirees that can’t live off of zero interest? And what happens if you have no bond buyers? Wouldn’t the bonds get bid down until there was demand thereby creating higher rates? Barrons has an article last week about Modern Monetary Theory. Scary stuff but it looks like where we are heading based on our debt levels.

  17. Stocks/Investments Moderator boneil's Avatar
    Join Date
    Jul 2010
    Location
    Aberdeen, MD
    Posts
    12,147
    #17
    https://global.pimco.com/en-gbl/insi...rally-negative

    Worth a read about negative rates.

    Of course I'm late to the party about rates and they will probably reverse from here, but this could be a longer term trend, looking out 10-20 years. If savers get punished with negative rates, IMO, the next best thing for savers would be precious metals. Again, late to the party in regards to gold, but boy is that a bullish weekly and monthly chart, especially the monthly.
    Thanos was the hero

  18. Member
    Join Date
    Nov 2011
    Location
    Coral Springs, Florida
    Posts
    10,790
    #18
    Interesting article from PIMCO. I have heard the demographic cause in quite a few articles lately ranging from Europe’s low birth rate to our aging population. Add on the student debt which reduces disposable income for years and I guess you have a big factor in why there is little inflation. Not sure I like where this is headed but we may be back to the TINA with stocks.