I didn't understand what was going on.
Now, I do.
During the dotcoms, a friend told me "these stocks can't go up forever". I replied, "yes, they will. They'll just be expensive." AT THAT TIME, it didn't happen and the dotcoms crashed. Same in 2008 - crash. But this time IS different.
I wish I'd seen this interview 2 years ago. Basically, $400, 800, $1,000/shr. is the new normal.
El-Erian explains repricing.
Baloney! This time is NOT different. A bear market (>20% drop) will follow this bull market as sure as night follows day. I just can't tell you when it will happen nor how deep it will be. Stay vigilant!
Trump is very competitive.
I don't think he wants anyone to ever say the markets went higher when Obama was President.
If DT is president for two terms, we'll prolly see DOW 40K.
I'm just waiting for a pullback to purchase my shudda, cudda, wudda stocks.
The markets are bigger than Trump, he is just one man, and a very flawed one at that. I am getting ready to break out my human billboard sign that says "The End is Near", end of the bull market rally, that is! Look for me on a street corner very soon.
spauken it isnt trump per se, but more geo political stability that would cause continued confidence in markets. the markets have gone up in part because of the pro biz philosophy of trump but overall if nothing gets passed in congress it could trigger the big correction. i remember folks from other countries when i was in business school telling me it was hard to start a business in their country because sometimes people would bomb the prime minister's offices. geo political unrest. we dont have so much of that but once it is determined that geo political events in washington are not going well, we should see a nice pull back. i wish it would come on october 19th :)
*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.