The Stock Market (Page 2): Perhaps now might be time to sell and buy a stock that has been depressed lately. You have held on to Cat for 8 years and made about $6.00 a year per share.

traderjohn Loc: New York City

EdJ0307 wrote:

At least at about $121/share it is still above the... (show quote)

Perhaps now might be time to sell and buy a stock that has been depressed lately. You have held on to Cat for 8 years and made about $6.00 a year per share. I don't know the dividend payout. Take a look around.

jerryc41 Loc: Catskill Mts of NY

EdJ0307 wrote:

Yesterday the DJI increased by over a thousand dollars. I said to myself at the time, "Self, it will probably drop about that much tomorrow". Checking this morning I see it is down a third of yesterday's gain and it has been open for only a few hours. It will be interesting to see what the DJI (and my Caterpillar stock) will end at today.

Update: when I checked a few minutes ago it was down $303. I just checked it again and now it's down $368.

Up and down. Up and down. That's the way it is. People buy low and boost prices. Then they sell before the prices drop again. Actually most trading is done b y computers, thousands of times a second.

trainspotter Loc: Oregon

Since I've retired.....I invest in whiskey...(mid to upper shelf)

scatman Loc: Waterbury, CT

Do not be swayed into thinking that bonds are safe havens! Bond buyers in the 1970s got slaughtered in the early 1980s. When interest rates rise, bond values (especially long-term bond values) get hammered.

Fotoartist Loc: Detroit, Michigan

I haven't heard any pundits postulate that the recent drop since the elections in November were attributable in part to the democrats coming in to stop Trump's agenda. Curious.

Glenn Harve

The deep state (working through the fed and liberal media) will do anything to devalue the success of this ecomony. Anything. The interests of normal Americans are easily sacrificed.

Architect1776 Loc: In my mind

Glenn Harve wrote:

The deep state (working through the fed and liberal media) will do anything to devalue the success of this ecomony. Anything. The interests of normal Americans are easily sacrificed.

home brewer Loc: Fort Wayne, Indiana

My Views
The Dow is only part of the market; On December 27 most of the market closed up; but Nasdaq and mid caps were down a little bit.

As of 11:45 today Dec 28 core and growth stocks were up for the week. Also large cap stocks doing well so far. It is called volitility for a reason.
For the all stock groups are down with small caps down over 10% for the month, and even more for the last 3 months. The last year does not look good either. Yup we should have sold in Sepember.

NBC and others say we are in a bear market. Bear markets on average loose around 32% and last about 1.5 years. If you are still puting money in your 401K then be happy you are buying on the cheap.
If you do not need the money in the next 2 to 3 years sell the stuff that is no good and keep the rest.

Glenn Harve

home brewer wrote:

My Views br The Dow is only part of the market; O... (show quote)

NBC "and others" desparately want and need America to enter a bear market. I dont know anyone who has been listening to them that doubts that. And now they are playing it for all its not worth.

I know it took my new camera, a purchase i will not be making for quite some time.

John_F Loc: Minneapolis, MN

It must be remembered that some of stock market players are Nervous Nellies. Also short term trends are just some repositioning their holdings. The difference between now and 1929 is that then one could buy gold. You can not now. Well before 1929 some very smart people began buying gold and they came out winners in the Great Depression.

gerdog

The good thing is that average persons no longer panic over a big drop. The brokers make money with every trade, so an unstable market is in their best interests. They love to buy and sell either way. But as long as you don't sell for less than you paid, you haven't lost anything yet. Retirees who need money now and can't wait for the markets to recover are the unfortunate pawns in the game of finance. Most long for the day when they could earn 5% or more in a safe money account. But with the government practically giving the banks money at super low interest rates, there is no reason for them to compete for the accounts of ordinary people. Makes retirement stressful, when it really should be a time in a person's life to relax and enjoy simple pleasures, like photography and travel. Warren Buffet loves buying after a crash. Best time to pick up bargains.

Joe 88

You need POT or CANNABIS stock, also beer, coca, growers, lighting for pot, land for pot, hemp on the move, try the pot candy tike the brownies.

traderjohn Loc: New York City

scatman wrote:

Do not be swayed into thinking that bonds are safe havens! Bond buyers in the 1970s got slaughtered in the early 1980s. When interest rates rise, bond values (especially long-term bond values) get hammered.

This is the 21st Century. The duration and type of bond is and should be part of your portfolio in conjunction with domestic and equities that are invested in foreign countries.

SteveR Loc: Michigan

TriX wrote:

Don’t beat yourself up - there’s no way to consist... (show quote)

There was an article in the WSJ the other day that indicated that 85% of stock trades are made automatically and triggered by algorithms based upon certain financial and even political news. They also happen very fast. Which leaves the rest of us out in the cold where our financial advisors tell us to weather the storm no matter how badly it's raining and how hard the wind is blowing.

TriX Loc: Raleigh, NC

SteveR wrote:

There was an article in the WSJ the other day that indicated that 85% of stock trades are made automatically and triggered by algorithms based upon certain financial and even political news. They also happen very fast. Which leaves the rest of us out in the cold where our financial advisors tell us to weather the storm no matter how badly it's raining and how hard the wind is blowing.

At the risk of demeaning honest brokers and advisers, let me just add that you want an adviser that has no financial interest in the stocks/bonds/mutual funds that you choose to buy or sell - the brokers I’ve encountered are primarily interested in maximizing their profit, which is not surprising. The other truism is that many/most individual investors get into the market too late in a rally. By the time they realize the market is on a tear, the money has been made, and then they panic when it tanks and sell, so they have it exactly backwards - they buy on the way up and sell on the way down.
My broker gave me incredibly poor and self-serving advice during the tech run-up and the ensuing crash, costing me a fortune and ending in the ER with a heart attack. Advice from words from someone who has been there and done that. Get a certified neutral advisor with YOUR interests at heart if you invest.