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Market Watch 2018

Old 01-11-2018, 02:10 PM
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Default Market Watch 2018

Since Legal Bill's Market Watch 2017 thread is now dated, I decided to start a new year. Happy New Year. It's happy so far although almost daily for some time now I keep seeing headlines and articles in the Time's, etc. that say this growth can not last with predictions of big drops. But the beat goes on . . . and I'm not complaining. Clearly the changes in the tax rules isn't hurting the market place. Since I'm heavier in bonds then likely anyone of you youngsters (presently 58%), I have not seen as dramatic an increase in the past couple years as many; but I sleep well knowing this can not go on for ever - - or - - can it?

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Old 01-11-2018, 03:33 PM
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Originally Posted by dlq04
Since Legal Bill's Market Watch 2017 thread is now dated, I decided to start a new year. Happy New Year. It's happy so far although almost daily for some time now I keep seeing headlines and articles in the Time's, etc. that say this growth can not last with predictions of big drops. But the beat goes on . . . and I'm not complaining. Clearly the changes in the tax rules isn't hurting the market place. Since I'm heavier in bonds then likely anyone of you youngsters (presently 58%), so I have not seen as dramatic an increase in the past couple years as many; but I sleep well knowing this can not go on for ever - - or - - can it?
I'm still waiting for a dip. I re-balanced a bit a while ago, I may move more profits into corporate bonds/conservative investments. I prefer sleeping well too.
Old 01-11-2018, 04:36 PM
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I've been enjoying the market so far this year!

Could have bought me a new 2009 S2000 plus others so far!
Old 01-11-2018, 08:54 PM
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Watching...watching...watching.... I still have not moved that "last" ten percent into bonds and cash. But maybe it will be more than ten percent.
Old 01-12-2018, 05:18 AM
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I have more time than most to recover from a dip. I'd also think that even a 30% dip would leave me in a position that's still better than I was 2 years ago. I'm in for the ride at this point.
Old 01-12-2018, 01:16 PM
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Originally Posted by Legal Bill
Watching...watching...watching.... I still have not moved that "last" ten percent into bonds and cash. But maybe it will be more than ten percent.
The galdang thing is, every correction comes from the place nobody is looking. That said, my advisor has said in their fit-for-all-investors memo, that the irrational euphoria that kills markets just isn't there.

Under places-we're-not-looking-but-I-guess-we're-looking-now: Moneygram International has just signed onto Ripple blockchain (think another version of Bitcoin that sucks less). Given Moneygram's main job, this makes complete sense. I do think any irrational euphoria surrounding Bitcoin/cryptocurrencies/blockchain is the irrational euphoria worth monitoring in terms of a forthcoming correction. The correction *may* not happen due to it, but the sentiment that drives it is the indicator. If there's a large, established company making really unsound moves around crypto (e.g. when the CEO says they're "all in."), batten the hatches.

Originally Posted by Heyitsgary
I have more time than most to recover from a dip. I'd also think that even a 30% dip would leave me in a position that's still better than I was 2 years ago. I'm in for the ride at this point.
I'm in your boat too. It'd cost me a lot to time a market correction.
Old 01-12-2018, 02:22 PM
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The Oracle of Bolton has a guess. ( note the word guess, do your own research, if you play the market based on my guesses you're an idiot)
Corporate America has been urger ( via regulation) to repatriate offshore assets.
I would suspect the vast majority of those funds to go into stock buy-backs.
The upside if you're holding you can expect a nice return.
The downside will be once the buybacks are complete it will remove buying pressure and you can expect to see a subsequent fall in stock prices.
I'm anticipating buybacks to spread over the next 6-9 months.
Old 01-12-2018, 03:12 PM
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With the new tax laws.....

Many firms are looking at investing in the US....

And paying some bonuses.... increasing wages...

I think I'll stay in the market for a bit!
Old 01-12-2018, 07:32 PM
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It's an e'fn gamble but what else have we got to do with the millions in the bank!
Old 01-13-2018, 05:58 AM
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Rake it in while you can. We are over due for a serious correction.

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