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  1. #1721
    Speedy Az winner69's Avatar
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    Quote Originally Posted by winner69 View Post
    S&P500 just 3% off all time high, and rising

    Even the VIX suggests ths could happen withthe next 30 days

    No worries
    Oh, so close today but near enough

    Another 10% in this before the elections

    S&P500 still rising

    No worries
    Last edited by winner69; 10-07-2016 at 09:04 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #1722
    Speedy Az winner69's Avatar
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    So close we may as well say a new all time high ....yippee

    And on the back of Q2 earnings being down on last years number - 5th quarter in a row of declining earnings (earnings recession)

    But the decline is generally less than expected - that's good and provides hope that things are going to get better

    S&P500 still rising

    No worries

    EPS report. http://www.factset.com/insight/2016/...s#.V4FlppEaySM
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1723
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    S&P500 back to where it was 3 months ago, and falling.

    No worries, pass the Tui.
    S&P500 at all time high, and rising

    No worries
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #1724
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    Yeah Winner a record high at close...2137
    The 1Q earnings were tepid but were above market expectation..Mr Market liked that
    Media will soon be focusing on 2Q when the majority of companies report their earnings results over the next few weeks..Mr Market is taking an optimistic view...

    Factset Insight Research published an article yesterday...they will be looking at the Brexit impact on corporate earnings or revenue in future quarters.
    The Article shows the results (Brexit mentions/effects) of 23 of the S&P500 companies that have reported 2Q results so far since Brexit
    Last edited by Hoop; 12-07-2016 at 10:54 AM.

  5. #1725
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    Quote Originally Posted by winner69 View Post
    So close we may as well say a new all time high ....yippee

    And on the back of Q2 earnings being down on last years number - 5th quarter in a row of declining earnings (earnings recession)

    But the decline is generally less than expected - that's good and provides hope that things are going to get better

    S&P500 still rising

    No worries

    EPS report. http://www.factset.com/insight/2016/...s#.V4FlppEaySM
    If earnings are going down how can the companies be more valuable. What am I missing. Are interest rates going down even faster?

  6. #1726
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Aaron View Post
    If earnings are going down how can the companies be more valuable. What am I missing. Are interest rates going down even faster?
    Thats how markets work sometimes - defies logic

    One factor is that when profits are reported they are generally better than expected (not as bad as they thought they would be)

    Gives rise to optimism / things are getter much better and earnings are going to grow. Markets are forward looking

    You still waiting for the crash Aaron?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1727
    Membaa
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    Quote Originally Posted by winner69 View Post
    S&P500 at all time high, and rising

    No worries
    Futures at 2141 as I type this, all time highs! Remarkable, probably bots buying the technical breakout, like Hoop said. Buy the highs, what could possibly go wrong?

    No worries indeed.

  8. #1728
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    We should not forget about central bank stimulus as well. Central banks are the biggest market movers.
    Last edited by Valuegrowth; 12-07-2016 at 09:42 PM.

  9. #1729
    Speedy Az winner69's Avatar
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    S&P500 over 2150 - and rising

    Still another 10% to go in this burst

    No worries
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #1730
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    Quote Originally Posted by winner69 View Post
    Thats how markets work sometimes - defies logic

    One factor is that when profits are reported they are generally better than expected (not as bad as they thought they would be)

    Gives rise to optimism / things are getter much better and earnings are going to grow. Markets are forward looking

    You still waiting for the crash Aaron?
    Still waiting. It is really a buy everything or buy nothing decision for me at the moment(Patience will win again for now but how long can this go on).
    I guess I'll have to join the revolution of the people who missed the boom and the young people who never had a chance to buy real assets with funny money. On the bright side October last year, just to sate a desire to do something/anything while everyone around me becomes a millionaire I bought small lots of OGC & NCM sadly the share parcels were so small the great results aren't making much difference to my net worth.
    I admire your optimistic outlook.
    Last edited by Aaron; 13-07-2016 at 08:55 AM.

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