Today's Market December 2021

I don’t follow market that closely. Vaguely noted that stocks tend to rise and fall together, just by different amount.

Either index will go up or go down. Simple. :crazy_face:

I’m just waiting around with mostly cash. Risk on assets are taking a beating and it doesn’t seem to be over yet. To me, we are one bad quarter by big techs from taking everything down. I say we got more upsides though as long as fed doesn’t say anything stupid.

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:innocent:

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Huge reversal for many stocks. Santa Claus rally or just a 1-day affairs?

wondering the same

Why did stocks go up if tapering is going to occur faster?

Priced it no? Everyone and their grandmas are expecting tapering and rate hikes.

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Risk off, buy until rate hike imo. If inflation calms down next year, even more bullish imo.

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I read today’s bounce up as a very bullish sign. Economy is still recovering. Only the valuation due to inflation and PE was in doubt. With valuation doubts behind, I see it bullish for next 3-4 months. Even if rates are hiked several times if economy keeps growing, good for market.

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The reaction immediately after Fed announcement is not a true reaction. Tomorrow is the true reaction.

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I think the risk is off the table for now. At this point, for the rally to occur, are we technically aligned for it? I think we are.

Here’s the best way to trade. Copy the trading habits of the lover of all poor people, criminals and homeless Nancy Pelosi.

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Their returns are not even being good :laughing:

Stick with index funds! Classic conflict of interest hello :wave:t3: Shame shame shame

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Interesting, the article concludes pointing out the research that says Congress ppl stock picks have underperformed

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So quiet, other than @pastora, guess everybody accounts are red ytd?

My trading (not the buy n hold portfolio which is making new ATH after ATH) portfolio went to ytd -20+% from green since end Nov. Apparently holding 60% cash and then deploying too early (left with 25% cash) is not wise. Cost of entertainment is very :face_with_symbols_over_mouth: high. AAPL is almost 31% ytd and S&P almost 24%.

Has the market bottomed? Puru thinks it will bottom around Q1/Q2 but yet he has started nibbling?

Btw, for most stocks, bottom means has completed either Primary degree wave 2 or Cycle degree wave II. So expect strong and long rally to follow, wave 3 or wave III.

I am green ytd. Down 8% from peak value.

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I am surprised given the lack of acumen and any proven skill, I am only down 25% from the peak, and that too with such a late entry.

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I have only buy n hold accounts, no trading. I have not checked account balances yet this month. Maybe I will check and tally my NW on Jan 1 to see how the year ended and how my NW compares to end of last year (will be higher, both for stock portfolio and home equity). Don’t intend to sell or buy anything in these last 10 days of 2021, other than scheduled DCA 401k buy.

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Haha. I’m just nibbling little by little. The whipsaw scared me go in with a bigger position. Don’t have much time to trade anyway with kids out of school. :tired_face:

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