USA Stocks discussion

[Perisher]

there's a real danger S&P 1900 level could be broken soon...

Then we shall brace ourselves for the next crisis if any.
See it as a chance to retire sooner.

 

[trento]

breached 1900

 

[Beatrix]

breached 1900

it was a massive sudden drop to reach 1895. All hell broke loose below 1900! :O

 

[trento]

1875 next. this time, like nothing to do with China anymore.

 

[Beatrix]

1875 next. this time, like nothing to do with China anymore.

its gasoline + oil today. maybe beige book as well. fed is still optimistic.

see how china reacts later.

 

[Perisher]

Tough start to 2016...

 

[frenchbriefs]

snp looks like its in freefall,i have moved to defensive position,60 percent stock 40 percent cash......they have been saying us economy has been in a recession and the stock market keeps going irresistably up and defying gravity......then it stalled in 2015.....this year should be the year the snp crashes

 

[Beatrix]

snp looks like its in freefall,i have moved to defensive position,60 percent stock 40 percent cash......they have been saying us economy has been in a recession and the stock market keeps going irresistably up and defying gravity......then it stalled in 2015.....this year should be the year the snp crashes

Today is the worst single-day % drop in individual stocks and indices I have seen ever since I started to monitor the US stock market since Sep 2015.

 

[hindsight]

S&P back to where it was in 2014, but its really gone nowhere since QE ended.

 

[IronMac]

snp looks like its in freefall,i have moved to defensive position,60 percent stock 40 percent cash......they have been saying us economy has been in a recession and the stock market keeps going irresistably up and defying gravity......then it stalled in 2015.....this year should be the year the snp crashes

Who says US economy has been in a recession?

 

[trento]

Who says US economy has been in a recession?

No recession. But possibly entering one

 

[linxiaobei]

Read this two article and probably more.
http://seekingalpha.com/article/3802946-gilead-competition-flat-sales-and-a-broken-stock

http://seekingalpha.com/article/380...myers-squibb-in-race-for-top-hepatitis-c-drug

read the comments too.

Then decide yourself.
I'm vested.

Looks pretty tasty but need to research more lol.

Was a bit surprised that pharma/bio industry suddenly fell.

Sent from Sun using GAGT

 

[IronMac]

No recession. But possibly entering one

For this year?! I strongly doubt that. Employment numbers are good, energy is cheap, and dollar is relatively strong although that is a double-edged sword.

Maybe 2017 but still...

The problem is that a lot of people are in the weeds studying this tick and that tock and they're swayed by their own emotions and the herd groupthink.

 

[frenchbriefs]

Who says US economy has been in a recession?

everybody has been saying us economy is in recession since 2009,but stock market keep chionging up.....guess the real recession is here now.looks like the stock market isnt defying gravity no more,not since late 2014.2015 was confusing,not sure whether the market will plunge or recover and continue on its bull run,but after the numerous fake outs and crashes and inability to break the 21xx barrier,im guessing the market has finally lost its momentum and irrational confidence.u have the feeling that the unstoppable euphoria and winning from 2009 to 2014 is gone.

 

[IronMac]

everybody has been saying us economy is in recession since 2009,but stock market keep chionging up.....guess the real recession is here now.looks like the stock market isnt defying gravity no more,not since late 2014.2015 was confusing,not sure whether the market will plunge or recover and continue on its bull run,but after the numerous fake outs and crashes and inability to break the 21xx barrier,im guessing the market has finally lost its momentum and irrational confidence.u have the feeling that the unstoppable euphoria and winning from 2009 to 2014 is gone.

I don't know where you get your info from but the US economy definitively had left recession by early 2014. It was a very weak recovery and only had stronger legs from middle 2015.

It will be in the black first half of this year and will more than likely be positive for the year 2016.

 

[trento]

For this year?! I strongly doubt that. Employment numbers are good, energy is cheap, and dollar is relatively strong although that is a double-edged sword.

Maybe 2017 but still...

The problem is that a lot of people are in the weeds studying this tick and that tock and they're swayed by their own emotions and the herd groupthink.

the job numbers don't tell the whole story. an article on cnbc gave some details. they were largely made up of interviewees aged at about 16 yo and 55 yo. in between that, the figures were actually quite small.

inflation is still way off, strong dollar will weaken corporate earnings. anyway, technically speaking, stock market bull run has to end sometime. and it's likely to be this year.

Whether one is swayed by emotions is irrelevant. u see a trend, u follow it. u can either do it emotionally or unemotionally as long as u make money.

 

[trento]

I don't know where you get your info from but the US economy definitively had left recession by early 2014. It was a very weak recovery and only had stronger legs from middle 2015.

It will be in the black first half of this year and will more than likely be positive for the year 2016.

and meanwhile, the stock market starts to fall.

as a trader once said, u trade the market u have, not the market u want.

 

[IronMac]

the job numbers don't tell the whole story. an article on cnbc gave some details. they were largely made up of interviewees aged at about 16 yo and 55 yo. in between that, the figures were actually quite small.

inflation is still way off, strong dollar will weaken corporate earnings. anyway, technically speaking, stock market bull run has to end sometime. and it's likely to be this year.

Whether one is swayed by emotions is irrelevant. u see a trend, u follow it. u can either do it emotionally or unemotionally as long as u make money.

Wages are holding steady and consumer confidence is good if not high. With all of these positive signs I don't see a recession.

 

[IronMac]

and meanwhile, the stock market starts to fall.

as a trader once said, u trade the market u have, not the market u want.

I'm not a trader.

 

[trento]

Wages are holding steady and consumer confidence is good if not high. With all of these positive signs I don't see a recession.

after all the Fed has done, wages in fact are still a sore point.

well, the market is always right. tats all i can say.