YepThe bottom line is there's absolutely no where to put your money but stocks . 10 yr bonds pay 1/2%. 1 yr cd at like 1/2% now. Real estate illiquid and with job loses prices will drop. Heck people who bought 4 weeks ago make 30-50% if they flipped.. Would you father sit in 1/2% for a yr or trade some stocks and have a shot at 20% many times in weeks?
Does that matter for daily traders
The bottom line is there's absolutely no where to put your money but stocks . 10 yr bonds pay 1/2%. 1 yr cd at like 1/2% now. Real estate illiquid and with job loses prices will drop. Heck people who bought 4 weeks ago make 30-50% if they flipped.. Would you father sit in 1/2% for a yr or trade some stocks and have a shot at 20% many times in weeks?
I was buying on February 23 and I was buying on March 23. Both were OK to me, can not say I am in perfect shape because I also have long positions however I did not sell them...Absolutely not, especially if it was always possible to time the market trade
could there be another correction looming, another buying opportunity - sell before the next drop ... it's a guessing game.?
did you buy on March 23 or sometime between Jan 2 - Feb 20?
my take is putting money into the stock market is a crap shoot, win some, lose some, total guessing game, at times HODL. Long term quality stocks should work out OK.
it's picking the the right ones that will make folks money in the short, medium or long term - you'd need next years market update today to be 100% right.
that's why some folks go with ETF's over single picks.
as for the folks that bought 4-weeks ago, it wasn't possible to know then that the market would come back - it could have gone the other direction.
for those that had the crystal ball on March 23, did OK, for those that bought on Feb 20 that didn't unload on March 23 are still waiting for the recovery.
%%The bottom line is there's absolutely no where to put your money but stocks . 10 yr bonds pay 1/2%. 1 yr cd at like 1/2% now. Real estate illiquid and with job loses prices will drop. Heck people who bought 4 weeks ago make 30-50% if they flipped.. Would you rather sit in 1/2% for a yr or trade some stocks and have a shot at 20% many times in weeks?







but they now pay that monthly , not quarterly/LOL...…………………………………………………………………………...as for the folks that bought 4-weeks ago, it wasn't possible to know then that the market would come back - it could have gone the other direction.
for those that had the crystal ball on March 23, did OK, for those that bought on Feb 20 that didn't unload on March 23 are still waiting for the recovery.
Stock market bubbles are created when assets are overpriced, way and beyond their fair value. Examining equity prices under the economic conditions we might say that last week's move inflated prices way over their fair value.
Current indices are now less then 20% down from the all time high, that's out of bearish territory that was declared only two weeks ago.
So which prices are fair value? The - 35% bottom made three weeks ago?
Or the current prices which are only 20% off the all time high?
We are in a fed created bubble.. again..
As the fed was trying to stabilize the economy they threw money at the problem which ultimately finds its way to equities and bond markets,
Trade smartly,
Alon, AlphaOverBeta
AlphaOverBeta.net
%%We're not in a bubble; there hasn't been an index wide bubble since the Nasdaq in 1999. Certain areas of the market may be in a bubble ( eg Canadian pot stocks last year, some IT firms are pretty rich now ). It's all irrelevant anyways even in January there were value stocks severely lagging the market and some of them are super cheap now. Some Canadian banks revisited price levels from the year 2010 and their earnings and dividends are much higher now.