Black Monday

[blackcap]

There are a great deal of pessimists emerging from the euphoria, many of whom know better than to risk their funds and investors wealth in the great ponzi scheme of global equities markets fuelled by sovereign liquidity that has and is quietly drying up.

But it's different this time. Yeah right.

Dow at all time highs. Up from 18,000 when Trump got elected to nearly 22,000 now. That is a 20% jump in less than a year on an already bull market. When will it stop and what happens then....

[Ggcc]

Dow at all time highs. Up from 18,000 when Trump got elected to nearly 22,000 now. That is a 20% jump in less than a year on an already bull market. When will it stop and what happens then....

I hope to be ready to buy good long term shares at decent prices

[sb9]

Dow on the way to topping 22,000 mark, the bull run continues....

[bull....]

Dow on the way to topping 22,000 mark, the bull run continues....

All looking good powered by good earnings and weak us dollar. Weak us dollar last mth has meant emerging markets and commodities have been the place to be and the dow has outperformed.

Security Name	Close	30 Day Return
OIL	49.16	13.0635
BRAZIL	66529	7.1925
HANG SENG	27540	6.5673
CRB	181	5.5348
EEM	44	5.5249
CHINA	3292	4.8408
INDIA	32575	4.0835
GOLD	1270	2.09
DJI	21963	2.0206
NASDAQ	6363	1.9864
NEW ZEALAND	7729	1.8837
S&p 500	2476	0.933
Russel	1428	0.7228
AUSTRALIA	5772	0.2623
HYG	89	0.2375
JAPAN	19985	-0.4086
LONDON	7424	-0.6564
DOW UTILITIES	728	-0.8174
TLT	125	-1.2126
FRANCE	5127	-3.1475
DOW TRANSPORT	9145	-3.493
GERMANY	12251	-4.3973
US DOLLAR	93	-4.6388

[sb9]

All looking good powered by good earnings and weak us dollar. Weak us dollar last mth has meant emerging markets and commodities have been the place to be and the dow has outperformed.

Security Name	Close	30 Day Return
OIL	49.16	13.0635
BRAZIL	66529	7.1925
HANG SENG	27540	6.5673
CRB	181	5.5348
EEM	44	5.5249
CHINA	3292	4.8408
INDIA	32575	4.0835
GOLD	1270	2.09
DJI	21963	2.0206
NASDAQ	6363	1.9864
NEW ZEALAND	7729	1.8837
S&p 500	2476	0.933
Russel	1428	0.7228
AUSTRALIA	5772	0.2623
HYG	89	0.2375
JAPAN	19985	-0.4086
LONDON	7424	-0.6564
DOW UTILITIES	728	-0.8174
TLT	125	-1.2126
FRANCE	5127	-3.1475
DOW TRANSPORT	9145	-3.493
GERMANY	12251	-4.3973
US DOLLAR	93	-4.6388

With Apple reporting better than expected earnings just after market close, its highly likely that we may see Dow cross 22,000 mark tomorrow.

[bull....]

With Apple reporting better than expected earnings just after market close, its highly likely that we may see Dow cross 22,000 mark tomorrow.

tried again but not this time bit of selling going on around 22 at the moment might consolidate?

[King1212]

I read couple times including today at cnbc....recommendation from fund managers to increase cash holding to buy in when market fall. As most of stocks are expensive...they recommend to choose n shop around stocks that under value. is it something that we all expecting? Market correction?

[BlackPeter]

I read couple times including today at cnbc....recommendation from fund managers to increase cash holding to buy in when market fall. As most of stocks are expensive...they recommend to choose n shop around stocks that under value. is it something that we all expecting? Market correction?

No doubt - at some stage (in days, weeks, months or years) we will have the next correction / crash. Question is just - when?

And the recommendation to shop around for undervalued stocks ... sounds like a no-brainer (like "buy cheap and sell dear"), doesn't it? Probably one of these recommendations which is already for the last century on the top of the cheat sheet for holiday replacements of market commentators - just in case they really have nothing else to talk about during the eventless summer period.

[Joshuatree]

Low interest rates
Cheap oil
$US low good for American companies
The big one , Trumps promised tax cuts

I heard that tax cuts, reform haven't been done since Reagan; its just so hard and complicated; and gets mired in opposition, complexity etc etc. So if this blockage/inability for Trump /republicans to achieve anything starts realising anytime soon; well I'm building cash right now for that possible collapse in confidence. I know folks have been on the sideline ; some for years on here worrying about this and expecting it and missing out on great gains(Skid?). But I'm wanting to protect my funds more then ever at the moment and have started selling some off shore investments and will reduce some NZ ones too. If / when it happens i can come back in and buy quality stocks for great prices and if i get it wrong timing wise sa la vie i got to sleep easier at night.

[mondograss]

Clinton did tax cuts, as did Bush which Obama carried on. But yes they do need fairly wholesale tax reform.