Stock scream room

[boglerdude]

Re: Market cap to GDP

"Buffett's Favorite Market Cap To GDP Metric Is Useless"
https://seekingalpha.com/article/408096 ... ic-useless

[dualstow]

Perfect chart, kriegs.

Funny, my friend quoted Buffet saying that at lunch today.

[ochotona]

Selling off in Asia. Wednesday should be "interesting" in the USA. Maybe some volatility returns.

[Cortopassi]

I'll believe it when I see it. Might start out low, but slow ramp during the day to green/almost green has been the norm.

[Cortopassi]

Right on cue...

[buddtholomew]

Everyone can see the pattern...EU closing to US open. Question is whether this will continue and will you take action? I have as long as it's within established bands.

[Cortopassi]

Gosh, no, I don't take action until my bands are hit. These gyrations have become too predictable, which sort of means there's going to be a big fail of them in the not too distant future...

[buddtholomew]

Gosh, no, I don't take action until my bands are hit. These gyrations have become too predictable, which sort of means there's going to be a big fail of them in the not too distant future...

Sure feels that way...good until it isnt...

[ochotona]

I'm at 50% stocks, give or take, so I will be hurt by a stock crash, psychologically. On the other hand, I'm young enough that I should be wishing for stocks to get cheap.

When the last 52 week high email hit my phone, I sold some, I'm now also at 50%, which is the bare minimum I'd be able to tolerate if they just went up at 10% per year for years more to come. It's my minimum no regret level.

[eufo]

I thought I was gutsy at about 35% stocks compared to others on this forum. I'm the timid one!

[dualstow]

I discovered last week that I’m really at 45% stocks, all told, and I don’t like it. Still, I don’t think I can bring myself to buy.

[Cortopassi]

I am at 35% as well and happy there...

[ochotona]

If you are buy and holder, 25%-35% is just fine in this market.

[buddtholomew]

In PP at 30%, VP at 70%, combined 55% equities.
This party will end but not today

[ochotona]

UBS has an upside target of 3300 for SP500 by end 2018. That's 27.7% higher. Mid case 2900, low case 2200.

[buddtholomew]

UBS has an upside target of 3300 for SP500 by end 2018. That's 27.7% higher. Mid case 2900, low case 2200.

We think it will be between 2200 and 3300...wow, thanks for the narrow range

[ochotona]

Asia selling off right now. Samsung down 4% in the local Korean stock exchange.

[Cortopassi]

Just saying, it would be nice one day to see gold saved on a daily basis as much as the market is. Another rocket, meh. Tax reform, yea!

[buddtholomew]

The extra juice that SCV provides makes this a great day. AU outperformed as far as I am concerned given USD was stronger on the day relative to a basket of currencies (UUP).

But I agree...

[ochotona]

New article from Schwab today

I Melt with You: Anatomy of a Market Melt Up

[ochotona]

Sche emerging markets up 1.36%

[buddtholomew]

IJS + 1.6%
This is more than a melt up, but it sure looks like this will continue if buybacks remain strong. If the tax bill fails, we’re in for a nasty surprise.

[ochotona]

Schwab is trying to prepare clients for a bear market. It's pretty obvious from their client communications in the last few weeks.

[Kriegsspiel]

This pleases me. I sold all my non-PP stocks in my taxable account just before 2018 in order to buy real estate.

[Tortoise]

This pleases me. I sold all my non-PP stocks in my taxable account just before 2018 in order to buy real estate.

Congrats! (I also bought a home just before 2018.) Too bad residential real estate prices tend to be highly correlated with the stock market

Real estate price movements tend to be dampened relative to those of the stock market, but on the other hand, most first-time home purchases are made with at least 5x leverage (assuming 20% down payment or less). Maybe it's a wash...