BEAR MARKET TRADING. YOU CAN’T HANDLE THE TICK TOCK.
Stocks with market caps over $10b, absolutely fucking REKT. Percent from 52 week high.
TTM -62%
JD -61%
GE -60%
PCG -57%
WDC -55%
DB -54%
NVDA -49%
CTRP -49%
WYNN -47%
DBX -47%
HAL -46%
FCX -46%
ALGN -44%
SCCO -43%
EA -43%
AMAT -43%
SLB -42%
MU -41%
CS -41%
AMD -40%
LFC -40%
LEN -40%
FB -40%
EBAY -39%
Great fucking market you have there. I can go on and on. In all, more than $5 trillion in market cap has been shed since the top in stocks with market caps over $10b. FUCKERS.
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Happy Thanksgiving to all.
Unrelated question: Why is IYR pretending to be so strong when the homebuilders are down 30-50% from their highs? Do investors believe that the commercial RE is immune to what’s going on? Is it?
Have a good chunk of my portfolio in IYR puts.
I don’t get. After all this economy is not in shambles.
WRONG
Hey FLY, you can’t just put “WRONG” and walk away. WHERE IS THE FUCKING BEEF?? try to be an adult (as hard as that may be for you) and throw in a few words to back it up.!!
Personal anecdote here. My wife and I went to Orlando to spend Thanksgiving with the old folks and when she went with her mother and sisters shopping she tells me the level of shoppers shopping reminded her of the good ole days. There were crowds, lines, and lots of buying. So the economy can’t be that bad right now.
Might consider if consumer enthusiasm is a leading or lagging indicator. Here and now, agreed that everyone is smiling and happy. I’ve seen things blow up.
weak but not terrible; and could we be close to a short-term lift off?
https://www.bloomberg.com/news/articles/2018-11-25/grim-stock-signals-piling-up-as-wall-street-mulls-recession-odds
while this one says WATCH OUT!!
https://www.bloomberg.com/opinion/articles/2018-11-25/asia-s-liquidity-squeeze-is-the-worst-since-2008?srnd=premium-canada
Interest rates.
Economy is at the early stages of being in “shambles”
Even a trade agreement with China won’t save this economy.
The only thing that could stop the bleeding is if the FED changed course…
hard to understand how rates are so low historically speaking and a little rise could be such a big deal given all that is right with the economy. and let’s not forget that corporate balance sheets have NEVER EVER been as strong as now/ Having said that, that market is always speaking…… but do we listen or do we UNDERSTAND what it is saying???
so then, I ALWAYS ALWAYS defer to the market… as should everybody. who am I to know better???
I agree. The next big move up or down depends on the Fed. Where is helicopter Ben when we need him!
Of course it is always important to note that he was actually rifle shot Ben — had he instead dropped money from his famed helicopter, some of it would have gone to those who were not already asset-rich. Can’t have that.
Maybe next year the fed pauses, in the meantime there’s more and other balls to squeeze for stocks and another leg up if we are lucky. Loose cannon on deck won’t help.
I don’t see calamity yet. I see a return to mediocre growth of 2% for the US economy. Expect Fed to stand down after raising in December. Don’t go overboard with the bear thesis. We may have 5-8% more downside in the market for now max (taking us down around 20% cumulatively). Then market should normalize with subpar overall returns due to sluggish economic growth.
Low growth, low inflation = low rates, means equities will remain in demand in the competition for returns. I suppose the tipping point for rates is much lower now also, due to flat line inflation they are playing with real rates…Data driven they may be but I think the stock market is respected to be a good leading indicator more and more.