International Dow Breaches 23,000

The Dow opened the 20th century trading at 68.
It closed at 11,497, a 16,875% increase, which explodes to 1.8 million percent with dividends.

Tell Me What You See

 

Tell me what you see....

I spy with my little eye, compounding doing it’s thing

 

A bubble surely

Seriously figures like these are always astounding!

 

Dow closes above 28,000 — marks first milestone finish in 90 trading days

 

Dow Blazes While U.S. Housing Market Data Surge to Pre-Recession Levels




The Dow rose in four of five sessions this week to secure a net gain of more than 500 points - and a realistic shot at clearing 30,000 next week.
The Dow sped toward a weekly gain of more than 500 points.
A key U.S. housing market metric surged to its highest level since before the financial crisis.
Recession hawks say the “next housing market crash” won’t involve mortgages at all.
The Dow capped a spectacular week with a final bounce on Friday, as U.S. home building activity surged to its highest level since the housing market crash.

With Wall Street sentiment succumbing to “extreme greed” and more tax cuts potentially on the way, investors don’t appear worried that the growing asset bubble is going to pop anytime soon.

Dow Burns Brighter As Stock Market Revels In ‘Extreme Greed’

 

.... and its not just stocks

US housing starts soar 16.9% in December to a 13-year high

dont know whats going to stop this, markets on fire, economy on fire

 

Maybe the trick now will be just look only at the large percentage changes ,like one's that end up in media headlines and moves more then it's normal daily percentage because if it goes into a 7 percent swing range from now then with the gas in the tanks in worldwide market's then it may turn into a runaway train ..imho..

 

Has anyone got the conundrums to go full bore margin on margin on one stock?

 

Just think back when you put 500k on the table last time ,and the end after tax result ..

Gearing on Gearing on a 75 percent margin on 500k into on one stock in a 14 day turnaround with the fanfare of data and experts that is out there --no way--imho..

 

Hi from New York.

As someone who spends more time investing in USA equities than i do on Australian IP's these days. Here is my "CNBC/Bloomberg viewer" yes stocks are toppy at the moment but this is due to the FED printing money hand over fist.

This is not the year to be pulling out because you might find yourself white anted by 10% as the market has another bumper year.

Run when the bulls are running. But hey....what do i know.

 

Dont get too excited about the housing starts it may have been an anomalous number.

 

Its been rising since 2011, for me its 600% increase, hard not to get excited

 

It's a number and nothing more than that.

 

I like numbers especially if it’s earnings growth, dividend growth, growth in number of shares held

What would we do without numbers

Cheers
Oracle

 

Resolving one's inner turmoil and conflicts in order to reach towards self and contentment. Unanchoring the anchor which holds us back from progressing. He he.

 

The Investor’s Fallacy

The never ending calls for the markets to fall, starting basically as soon a the GFC had passed (double dip - GFC2 etc) don't seem to abate, certainly no signs of the bears changing their mind here in Aus as we take out previous highs. How much wealth creation will they forgo to be finally vindicated? - I guess its a human nature that see's a majority let gut feel override data, math logic and history and consequently achieve the same reuslt as the crowd.

I have no problems being mauled by a bear market with my fully invested at all times approach and losing 50M - Actually I would be happy if I had the capacity to lose 10X that much in the next 50% market retracement.

Volatility is not the root of all evil. The human instincts that see people miss too much of the up, makes them vulnerable to the down. Get yourself strong and ride that long term equity trend into financial prosperity. Sticking with the downs is the only fool proof way to capture all the up.

Equity risk premium and time (compounding) The ingredients are so simple, but it would seem human instinct fights combining them effectively.

 

Imagine S&P500 between 13400 to 18150 in 2030 from current levels of 3300.

In that case would you care whether you purchased at 3250 or 3350 level. Get that money invested working for you as soon as you can is the lesson.

Cheers
Oracle

 

@dunno

Always an interesting read Nick Maggiulli

The re-balancing article was interesting also as markets lift

How Much Does Rebalancing Frequency Matter?

 

I wonder if this study included the cost of rebalancing 0 i.e. more frequently = higher cost?

 

Yep, beware the sirens call of market timers. Fortunately, attentive readers will have seen some educative posts in the not too distant past from market timers who clearly had NFI however purported to possess the secret sauce. Protip ; there is no secret sauce.