https://www.cnbc.com/2018/01/08/for-sto ... first.htmlSomething else to chew on here is what truly drove last week's impressive price action. The credit seems to be going to the expected impact of tax cuts and the synchronized global expansion we are seeing. That's great, and probably true. But did things really improve that much last week?
Yes, we got some better-than-expected data last week (at least until the employment report on Friday) both domestically and overseas. Still, they were not shockingly high numbers, and we did not see significant moves in any other market.
Instead, consider this theory: the data were simply good enough to help the stock market rally a bit; but then the algorithms kicked in and took the market higher, which caused so-called performance fear to kick in for institutional investors who don't want to fall behind at the very start of the year. That, in turn, took the market higher and in turn pushed algorithms to buy more, and these two issues kept feeding on one another.
Of course, this does not mean the market cannot go much higher over time; it could even go higher within a couple of weeks. We simply already knew the economy was growing on a synchronized basis, and the tax bill was passed before the holidays. Thus, we question whether last week's rally is something that will see a lot of upside follow-through in the near term.
Ultimately, our call in the very short term is the expectation of a stock market pullback this week. Once these broad indexes work off their overbought conditions, we'll want to see more solid earnings and how exactly companies will implement tax breaks. Then, we'll have a better idea of whether today's valuations are indeed justified.
Stocks in trump era
- Tero
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Re: Stocks in trump era
Trump market will need some Viagra in 2018? Trump may even go soft long before 2018 stock orgasm.
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Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
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Re: Stocks in trump era
It's like listening to psychics and other new age folk talk to each other, you were sure before that moment that they all knew they were full of shit. But now, god, if they're willing to talk to each other --to other people who are supposed to be in on it-- like nothing at all was wrong with what they're saying, then who knows?
Maybe you're the sucker and the psychics are real?
Maybe you're the sucker and the psychics are real?
- Tero
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Re: Stocks in trump era
Trump, stocks, jobs, lemmings and owls:
http://karireport.blogspot.com/2018/01/ ... nment.html
http://karireport.blogspot.com/2018/01/ ... nment.html
https://esapolitics.blogspot.com
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
- Tero
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Re: Stocks in trump era
Stock value has very little to do with presidents. Sometimes a short period of "correction" where it falls. The first year of Trump was normal. We can give Obama credit for that. It's too early to say what corporate tax cuts did. But the meddling in tariffs has produced the ragged effect in the last mont or so:
https://finance.yahoo.com/quote/%5Eixic?ltr=1
click the 6M and 1Y there for big picture
https://finance.yahoo.com/quote/%5Eixic?ltr=1
click the 6M and 1Y there for big picture
https://esapolitics.blogspot.com
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
http://esabirdsne.blogspot.com/
Said Peter...what you're requesting just isn't my bag
Said Daemon, who's sorry too, but y'see we didn't have no choice
And our hands they are many and we'd be of one voice
We've come all the way from Wigan to get up and state
Our case for survival before it's too late
Turn stone to bread, said Daemon Duncetan
Turn stone to bread right away...
- pErvinalia
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Re: Stocks in trump era
The stockmarket is a psychological gambling club. What matters is what happens to the economy. And the US economy is going to tank as debt balloons and trade wars flare up.
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"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
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Re: Stocks in trump era
Shouldn't this thread be merged, too? I can't get a single thread to be left open that discusses the accomplishments or successes of Trump, but there are many threads allowed that are critical. Why?
“When I was in college, I took a terrorism class. ... The thing that was interesting in the class was every time the professor said ‘Al Qaeda’ his shoulders went up, But you know, it is that you don’t say ‘America’ with an intensity, you don’t say ‘England’ with the intensity. You don’t say ‘the army’ with the intensity,” she continued. “... But you say these names [Al Qaeda] because you want that word to carry weight. You want it to be something.” - Ilhan Omar
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Re: Stocks in trump era
Because it annoys you?
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.
"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.
- Tero
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Re: Stocks in trump era
Why are you complaining, 42? Trump would not mind, because the whole world is about Trump now.
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Re: Stocks in trump era
I dunno what you folk are talking about, stocks are where they should put trump in so he can be vilified by the common people and have various noxious things thrown at him.
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PC stands for "Patronizing Cocksucker" Randy Ping
PC stands for "Patronizing Cocksucker" Randy Ping
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Re: Stocks in trump era
I really hope there is some way the law can manage to put him in prison before the end of his life.
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"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.
"The Western world is fucking awesome because of mostly white men" - DaveDodo007.
"Socialized medicine is just exactly as morally defensible as gassing and cooking Jews" - Seth. Yes, he really did say that..
"Seth you are a boon to this community" - Cunt.
"I am seriously thinking of going on a spree killing" - Svartalf.
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Re: Stocks in trump era
Times are gonna get hard unless a miracle happens. America needs new markets to offload it's surplus productive capacity. The UK needs new markets also.
What will the world be like after its ruler is removed?
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Re: Stocks in trump era
This one is pretty specific to the effect of Trump on the stock market, and is only positive or negative depending on the effect...Forty Two wrote:Shouldn't this thread be merged, too? I can't get a single thread to be left open that discusses the accomplishments or successes of Trump, but there are many threads allowed that are critical. Why?
Nurse, where the fuck's my cardigan?
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Re: Stocks in trump era
I call bullshit - Alfred E Einstein
BArF−4
BArF−4
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Re: Stocks in trump era
l8
Embrace the Darkness, it needs a hug
PC stands for "Patronizing Cocksucker" Randy Ping
PC stands for "Patronizing Cocksucker" Randy Ping
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