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Off Topic Off Topic - General non-Corvette related discussion. |
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08-21-2018, 12:06pm | #381 | ||||||
Sparkles Flambeaux
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SP less than 1 point from all time high
2871.72 as I type. |
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08-21-2018, 12:22pm | #382 | ||||||
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WE DID IT!!!
S&P NEW ALL-TIME HIGH TODAY!!! LONGEST BULL MARKET IN HISTORY TOMORROW!!! |
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08-21-2018, 3:12pm | #383 | ||||||
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So, let's say like 3045ish or so as a target. Long as that chart doesn't put in a double top- that'd be a bad thing.
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08-23-2018, 9:38pm | #384 | |||||||
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Quote:
Close above 2850 tomorrow, the trend is still your friend. The S&P sits at 2856 as I type on Thursday evening... |
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08-24-2018, 8:39am | #385 | ||||||
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08-24-2018, 11:11am | #386 | ||||||
Sparkles Flambeaux
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2873.87 as I type.
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08-24-2018, 12:22pm | #387 | ||||||
Barn Stall Owner #15
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S&P 3000
Nasdaq 8000 |
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08-24-2018, 2:46pm | #388 | ||||||
Sparkles Flambeaux
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13 min to close: 2873.86
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08-24-2018, 3:03pm | #389 | ||||||
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08-24-2018, 3:04pm | #390 | ||||||
Sparkles Flambeaux
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closed at: 2875.66
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08-25-2018, 6:53am | #391 | ||||||
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It's time for school:
3 Signs that there is an impending recession on the horizon. 1) Inverted Yield Curve. The first indicator is an inverted yield curve. This correctly predicted the last seven recessions since 1968. It typically "flashes red" by inverting 12 months before the beginning of a recession. Right now the yield curve is pretty flat, but not yet inverted. 2) The Year Over Year Change In Leading Economic Index. which predicts future global economic movements. When it contracts, a recession usually follows. Currently, the index is still growing at 5 percent year over year, so there's no immediate need for concern. 3) The Tightening Of Monetary Policy Although the Fed is intent on raising rates, policy tightening shouldn't be expected for at least another year. Put all three indicators together and they have correctly predicted the last seven recessions with not a single false positive. At this point, there still appears to be one year of runway before these three red flags hit stocks. When the convergence happens, switch your position to underweight stocks, but right now maintain your stock portfolios and ride out the rest of this bull market. Bottom line: The three biggest recession indicators are not showing warning signs just yet, so continue to ride the bull market for at least a year. |
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The Following User Says Thank You to Jeff '79 For This Useful Post: |
08-25-2018, 2:27pm | #392 | ||||||
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https://www.chicagofed.org/research/...i/current-data
CFNAI is nice and simple to check up on regularly. -1 or worse? Get worried. Also U3 unemployment vs. its 12 month moving average, and the S&P vs. its 6 month moving average. U3 exceeds 12 month average? Get concerned & check the S&P vs. its 6 month average. Below? WATCH OUT. |
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08-27-2018, 9:05am | #393 | ||||||
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I meant to say DOW 26000 Nasdaq 8000 Looking back it kills me seeing how far along we'd be by now if I had been saving and investing for us over the past 10 years. Most of it was age & circumstances, but damn, I probably could have found a way to at least save and invest $100 a month or something. Oh well. Hopefully this Bull keeps stampeding now that we're in it, or in the alternative hopefullly the next bear comes soon and leaves soon after since we're still in our 30s. |
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08-27-2018, 9:10am | #394 | ||||||
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My high school was ranked #3 in the country by US News when I attended and I have 3 degrees including an MBA.
WHY DID NO ONE EVER TEACH ME ABOUT SAVING AND INVESTING AND THE SIMPLE MAGIC OF COMPOOUNDING?!?!?!? I don't think Dave Ramsey's investing advice (using actively managed funds) is optimal, but the one and only factor that is strongly correlated with wealth levels later on in life is whether or not and how much you invest, not asset allocation. So in that respect I'm glad his stuff is in a lot of high schools now across the country, plus I can't argue with him at all when it comes to getting and staying out of debt, not buying or leasing new cars while you're still trying to become wealthy, not taking on a mortgage for a McMansion that you can't pay off in 15 years based on your income, etc. |
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08-27-2018, 9:35am | #395 | ||||||
Sparkles Flambeaux
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started saving day one of working full time. never let up. |
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08-27-2018, 9:36am | #396 | ||||||
Sparkles Flambeaux
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as i type:
2894.08 |
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08-27-2018, 10:42am | #397 | |||||||
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"Trade Wars are Good and Easy to Win"
-Donald John Trump, 45th President of the United States of America Quote:
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08-27-2018, 11:48am | #398 | ||||||
Sparkles Flambeaux
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SP - 2897.45
nasdaq - 8022.9342 dow - 26059.59 i'm not tired of winning yet. |
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08-27-2018, 1:22pm | #399 | ||||||
Sparkles Flambeaux
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getting close...
2897.12, up 22.43 today |
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08-28-2018, 6:40am | #400 | ||||||
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So How is you're 401k's looking now ?
I'm up 18.5% ytd. Going for 24% three years in a row... Gideeup !! S&P 2875 was last Friday's close. Let's keep it in perspective. Nothing goes straight up. If it closes above that on Friday, the trend is still our friend. |
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