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tsptalk's Market Talk
- Thread starter tsptalk
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uscfanhawaii
Active member
LOVE those bull flags!! :beerchug:
weatherweenie
Well-known member
Is it legal for Apple to be down? 
Apple and Tesla are down today. What are stocks doing up?
What amazes me is the how fast the new L funds have ran since they became available. The 2065 fund is up over 9.5% in less than two months. That is simply crazy. Just a rough figure at this pace it will be up over 50% in a year. Nope no market bubble here, nor does gaps, over sold conditions, lagging real economy, good news or bad news mean anything. Charts are useless.
Seems kind of like the dot com bubble but here it is a difference this time. The Fed is pushing so much liquidity to ensure the market do not fail. Every talking head I hear on CNBC etc says the market has room to run and with the Fed buying why not. Only thing is the normal person isn't even in the market from what I read and how can 401k's be pushing it higher when there are still of ton of people out of work and jobs being lost Ie. look at the Airlines. The markets need a good 10% drop/wake up call to bring things back to the mean.
Seems kind of like the dot com bubble but here it is a difference this time. The Fed is pushing so much liquidity to ensure the market do not fail. Every talking head I hear on CNBC etc says the market has room to run and with the Fed buying why not. Only thing is the normal person isn't even in the market from what I read and how can 401k's be pushing it higher when there are still of ton of people out of work and jobs being lost Ie. look at the Airlines. The markets need a good 10% drop/wake up call to bring things back to the mean.
bmneveu
Well-known member
That's because they missed the crash. They went live on the upswing. Just lucky timing. If they went live in April instead of June they'd probably be up 30%. Doesn't mean they are gonna have a 100% year. Just means they missed the losses and caught the gains. They are invested now though, so they will be exposed to any future losses.
James48843
Well-known member
Is it legal for Apple to be down?
They were just crouching down a little to get a better spring for the next jump forward...
bmneveu
Well-known member
My etrade account agrees though as it is down 0.75%.
bmneveu
Well-known member
I would like to see them add a precious metal / commodities option.
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