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Isn't this their goal? Scare the F out of everyone and make them sell. Keep driving the fear dagger in their heart until they cash it all out. Whatever it takes to make them broke so they stop spending money.Another drunken rant
Please for the love of all that's good, Fed Board members, stop talking. Please, just stop talking. Take your unearned $400K/year salary and be quiet. None of you are helpful.
That's all.
Why are they targeting Ford, though? Kinda specific and mean, imo.Isn't this their goal? Scare the F out of everyone and make them sell. Keep driving the fear dagger in their heart until they cash it all out. Whatever it takes to make them broke so they stop spending money.Another drunken rant
Please for the love of all that's good, Fed Board members, stop talking. Please, just stop talking. Take your unearned $400K/year salary and be quiet. None of you are helpful.
That's all.
I don’t know.Isn't this their goal? Scare the F out of everyone and make them sell. Keep driving the fear dagger in their heart until they cash it all out. Whatever it takes to make them broke so they stop spending money.Another drunken rant
Please for the love of all that's good, Fed Board members, stop talking. Please, just stop talking. Take your unearned $400K/year salary and be quiet. None of you are helpful.
That's all.
www.fool.com
Sounds about right to me. I still think we bottom between 3000-3200. Doesn’t mean I’m not buying the big drops on the way down.Thoughts on this article from all the smart investors in this thread?
This Bear Market Indicator Has Never Been Wrong, and It Portends More Downside to Come | The Motley Fool
This indicator has correctly predicted five steep stock market declines since 1870 -- and it's highly successful at calling bottoms, too!
Historic Shiller P/E ratio of 22 = bottom?
What would a Shiller P/E ratio of 22 look like today? Considering the Shiller P/E ratio ended Oct. 5, 2022, at 28.32, an additional 22.32% downside would be necessary in the S&P 500 to bring it to a level where support has been found during prior bear markets. This would entail the S&P 500 dropping by 844.43 points to 2,938.85. All told, this would represent a peak-to-trough bear market decline of 39%.
The Schiller PE ratio uses earnings going back 10 years. It is useless. Earnings 10 years ago are not relevant. It is the worst indicator IMO.Thoughts on this article from all the smart investors in this thread?
This Bear Market Indicator Has Never Been Wrong, and It Portends More Downside to Come | The Motley Fool
This indicator has correctly predicted five steep stock market declines since 1870 -- and it's highly successful at calling bottoms, too!
Historic Shiller P/E ratio of 22 = bottom?
What would a Shiller P/E ratio of 22 look like today? Considering the Shiller P/E ratio ended Oct. 5, 2022, at 28.32, an additional 22.32% downside would be necessary in the S&P 500 to bring it to a level where support has been found during prior bear markets. This would entail the S&P 500 dropping by 844.43 points to 2,938.85. All told, this would represent a peak-to-trough bear market decline of 39%.
Having been involved in a number of reverse splits this year, I have a question.At 2000 shares of SOXL now. Most I've had yet. Have a feeling I'll be at 2500 before the end of the month.
errr 2160... 2240... might hit 2500 today...
I was actually just thinking about this and it's likely to happen if stays below $10 for a while. Direxion did a 1:10 with DRIP and SOXS in February. NRGU did a reverse split two years ago while it was below $10/sh (think I was buying in the $3's).Having been involved in a number of reverse splits this year, I have a question.At 2000 shares of SOXL now. Most I've had yet. Have a feeling I'll be at 2500 before the end of the month.
errr 2160... 2240... might hit 2500 today...
At what point does SOXL do a reverse of their own? This thing was $71.07 on January 4th and closed at $8.28 today.
I only ask because of the recent resets I've experienced with my BrokeAzzed-Suisse ETN's.
Thanks
Thank you for your service.
Jinx
I don't like you right now.
Woah, that's a nice safe return. Particularly given the current state of the market.
At least the price will skyrocket when they do a reverse split
The real gains were the lessons we learned along the way.
Still holding
I'm too foolish to learn those lessons. I held quite a few shares of FAS long enough to earn divies and NRGU long enough that'll I'll pay LT cap gains on.
I just bought some yesterday. Know it's trending down but hoping for a short run up where I can flip it.
Well, at least you have enough shares that the Corporate Action fees are less of a drag on your actual basis.I was actually just thinking about this and it's likely to happen if stays below $10 for a while. Direxion did a 1:10 with DRIP and SOXS in February. NRGU did a reverse split two years ago while it was below $10/sh (think I was buying in the $3's).Having been involved in a number of reverse splits this year, I have a question.At 2000 shares of SOXL now. Most I've had yet. Have a feeling I'll be at 2500 before the end of the month.
errr 2160... 2240... might hit 2500 today...
At what point does SOXL do a reverse of their own? This thing was $71.07 on January 4th and closed at $8.28 today.
I only ask because of the recent resets I've experienced with my BrokeAzzed-Suisse ETN's.
Thanks
7.30's now. Damn, this is fugly.
Knew this was coming. Everything in September seemed more expensive than it did in August.
?? Got blown up back in like July
I think I'm gonna dump my money into beer.
I've been thinking this for months now and the Daq keeps saying "FU, nope, we can go lower!" 
Just know that is a short-term trading vehicle and not really an "investment." If this is a young person looking to start scaling into a long term investment, then just the normal QQQ's would be better.
Well said.
No way of knowing the reason, but it's definitely a good sign that it's shrugging off bad news (for now, at least).
I think when the market goes down another 10-15% after the last 0.1% surprise, maybe we’ve gotten to a plateau of some sort where everyone knows the Fed is raising rates a lot. I don’t think anyone was really forecasting some rosy CPI where the Fed would stop.
Shrugging off may not be the best words. We are down a ton from the last report a month ago which was about the same miss. I don’t think anyone was expecting the Fed to suddenly say .25 instead of 0.75. Shrugging off to me would be during a rally higher. This seems more of a yeah, we already know the Fed’s not taking their foot off the pedal. The recession, which feels already underway, will knock down prices. At some point in the recession stocks will start back up in anticipation of the recession ending.
The direction of the market doesn't matter, it's simply how it reacts to the current news. The CPI report was worse than expected, the probability of 75 bps at the next meeting went from very likely to a lock, and the December meeting went from 50 to likely 75 bps- none of that is "good" here. When the market goes up on that clearly bad news, I think "shrugging it off" fits just fine.
oops... that's didn't work, but overall i'm green right now so I'll take it.
