International Dow Breaches 23,000

Discussion in 'Sharemarket News & Market Analysis' started by Redwing, 22nd Oct, 2017.

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  1. Pier1

    Pier1 Well-Known Member

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    Wonder if the prophets of doom still lurk here but don’t post anymore, some of those “this is the top” date back to Jan 2018.
    In fairness some of the commentary quoted 6850 as a top, we are barely holding 7000, so my question is if we do get a savage down turn is there a time limit or maximum run past the quoted top that they can still claim I told you so?
     
    Pier1, 24th Jan, 2020
    #61
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  2. SatayKing

    SatayKing Well-Known Member

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    My view is it doesn't matter if others are right or wrong on this issue. It is going to get down to what you're going to do when it happens. I've no doubt it will eventually but I don't know the when.
     
    SatayKing, 25th Jan, 2020
    #62
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  3. Nodrog

    Nodrog Well-Known Member

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    Putting the Next Market Downturn into Perspective - A Wealth of Common Sense
     
    Last edited: 1st Feb, 2020
    Nodrog, 1st Feb, 2020
    #63
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  4. Omnidragon

    Omnidragon Well-Known Member

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    The quant fund’s all trade on momentum. And probably most funds

    Everyone knows it’s expensive, but need catalyst to crash it
     
    Omnidragon, 2nd Feb, 2020
    #64
  5. Silverson

    Silverson Well-Known Member

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    Dow smashed, down 2.09%
    Time to buy future income a little cheaper!
     
    Silverson, 2nd Feb, 2020
    #65
  6. pippen

    pippen Well-Known Member

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    Dont know about smashed, but i picture @Nodrog in the shed waxing up his board ready for some more ripples!
     
    pippen, 2nd Feb, 2020
    #66
  7. willair

    willair Well-Known Member Premium Member

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    Narrative Economics

    Narrative Economics

    [​IMG]

    I just recently read this book and it may help understand the short-term markets and the difference between noise and information,myself i'm more interested in if the Pope has converted to Islam..
     
    willair, 2nd Feb, 2020
    #67
  8. Nodrog

    Nodrog Well-Known Member

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    Surf board already waxed. Just need to wax my bikini line now:D.
     
    Nodrog, 2nd Feb, 2020
    #68
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  9. Big A

    Big A Well-Known Member

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    Of course as soon as I get rid of my surf board the wave will finally arrive. Might have to borrow myself at least a boogie board to come along for a little ride.
     
    Big A, 2nd Feb, 2020
    #69
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  10. Redwing

    Redwing Well-Known Member

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    Last post here Feb 2020, Dow now back within a whiskers of 30,000

    upload_2020-11-17_6-5-54.png

    Vaccine news apparently pushing the market

    upload_2020-11-17_6-9-57.png
     
    Redwing, 17th Nov, 2020
    #70
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  11. kitdoctor

    kitdoctor Well-Known Member

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    New highs in the DJI and SPX will be met with elation. Equally, XJO will reach an important high (not a new all-time high). The reversal that follows will catch many unaware.
     
    kitdoctor, 17th Nov, 2020
    #71
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  12. Silverson

    Silverson Well-Known Member

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    Timing for the reversal as per your charts/research?
     
    Silverson, 17th Nov, 2020
    #72
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  13. kitdoctor

    kitdoctor Well-Known Member

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    DJI closes above 30000! More retail investment money has flowed into US equities over the last few weeks than in recorded history. Everybody's on the train...
     
    kitdoctor, 25th Nov, 2020
    #73
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  14. Gen-Y

    Gen-Y Well-Known Member

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    I think this is the next boom - Covid recovery lead bull run.
    Anyway - I have decided to switch over my super - conservative growth to high growth.
    Now I know who is going to be the next FED chair woman.
    Print them sweet sweet dollars. :p
     
    Gen-Y, 25th Nov, 2020
    #74
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  15. kitdoctor

    kitdoctor Well-Known Member

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    History is not on your side but you never know...

    Snippet SNP vs SNP stocks above 200 MA.PNG
    Source: www.indicators.com 25 November 2020
     
    kitdoctor, 25th Nov, 2020
    #75
  16. oracle

    oracle Well-Known Member

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    Looking at that chart the first time % of stocks crossing 75% above 200 day moving average happened around May-June 2016 when the S&P 500 index was hovering around 2200 mark.

    Anyone that bought it then and went on with their lives without looking at what the market is doing and held on to it would have seen capital growth of 63.6% + 8% odd dividend income so round off to 70% or approx 14% compounded return over the 4 odd years.

    Looks like the chart says % of stocks above 200 day moving average is around 75% now. If I were to buy now I would be happy with that sort of return over the next 4 or so years considering the sort of returns you get with bank deposit this is way better.

    Correct me if I have misunderstood the chart I do not claim to be an expert technical analyst.

    Cheers,
    Oracle.
     
    oracle, 25th Nov, 2020
    #76
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  17. MTR

    MTR Well-Known Member

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    MTR, 26th Nov, 2020
    #77
  18. willair

    willair Well-Known Member Premium Member

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    I would be more interested in what people think about --Janet Yellen-- and this Ladies experience with skirting around the margins of finance..
    Janet Yellen - Wikipedia
     
    willair, 26th Nov, 2020
    #78
  19. Redwing

    Redwing Well-Known Member

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    upload_2020-11-26_8-25-42.png
     
    Redwing, 26th Nov, 2020
    #79
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  20. Gen-Y

    Gen-Y Well-Known Member

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    Gen-Y, 26th Nov, 2020
    #80
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