Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Just posted this to show everyone that the nasdaq is up 285% since the collapse the s$p is up 210 since the collapse, the DOW is up 172% since the collapse, I laugh when people get worried about a correction, how much more upside do you think there possibly is after stocks have rallied hundreds and hundreds and thousands and thousands of percent in the last 6 years, I mean even a small 30% correction wouldn't even knock those gains off course.
Since the darkest days of the financial crisis, stocks have been on an almost unconstrained tear to the top.
The Nasdaq has soared 285 percent, the S&P 500 is up nearly 210 percent and the Dow industrials have surged 172 percent since the market bottomed on March 9, 2009. That was when it looked like the world was ending and the stock market was little more than a black hole that countless dupes had shoveled money into.
Since then, markets have rallied for a number of reasons, not the least being the Federal Reserve's willingness to push nearly $4 trillion of liquidity into the markets and keep interest rates near zero as part of an easy monetary policy on a level never seen in the U.S.
Since the darkest days of the financial crisis, stocks have been on an almost unconstrained tear to the top.
The Nasdaq has soared 285 percent, the S&P 500 is up nearly 210 percent and the Dow industrials have surged 172 percent since the market bottomed on March 9, 2009. That was when it looked like the world was ending and the stock market was little more than a black hole that countless dupes had shoveled money into.
Since then, markets have rallied for a number of reasons, not the least being the Federal Reserve's willingness to push nearly $4 trillion of liquidity into the markets and keep interest rates near zero as part of an easy monetary policy on a level never seen in the U.S.
Wow, lowest since April 2003, remember the good old days when it was 1.30+
London (AFP) - The euro tumbled Tuesday towards a 12-year low against the dollar, hit by eurozone stimulus, growing US rate hike speculation and Greek debt concerns, dealers said.
In London, the European single currency sank to $1.0722 at the close -- its lowest level since mid-April 2003. The region's stock markets also retreated, with London's benchmark FTSE 100 index dropping 2.52 percent.
London (AFP) - The euro tumbled Tuesday towards a 12-year low against the dollar, hit by eurozone stimulus, growing US rate hike speculation and Greek debt concerns, dealers said.
In London, the European single currency sank to $1.0722 at the close -- its lowest level since mid-April 2003. The region's stock markets also retreated, with London's benchmark FTSE 100 index dropping 2.52 percent.
Why do they even bother trading it. Just quote it at $1.0...everyone knows it will get there.
of course its going to get there, I think it could get there in a few weeks at the rate its dropping.
You mean 1.6 at its peak?
these guys say expect a 5-10%
Weren't we headed to new highs just last week with all those record breaking days day after day, wonder how all those bulls are feeling now, 300+ point down day is one of those unexacting days, as everyone should already know markets take the stairs up and the elevator down, you can have months worth of gains disappear in a week or 2....dont worry though the fed is meeting next week, they will be able to push the markets back up to historical highs without any problem.
The stock market could see 5-10 percent correction before it heads higher, strategist Steve Auth told CNBC on Tuesday.
That's because the near-term news for the United States has not been great, the equities chief investment officer at Federated Investors said in an interview with "Power Lunch."
"Oil, we think, is heading lower. We think the dollar is heading much higher against the euro. That'll be taken as bad news. A lot of focus [is] on the Fed's next hike, which we think will be June," he said.
Plus, economic numbers hit a bit of a "soft patch," he added, and earnings for the first quarter probably won't be exciting.
Getty Images
Traders on the floor of the New York Stock Exchange.
Still, Auth said, the market will end the year higher, with the S&P 500hitting 2,350.
"We think this is one of these years in the U.S. that is going to be pretty back-half loaded," he said.
Jeff Hussey, global chief investment officer at Russell Investments, also wouldn't be surprised by a pullback of more than 5 percent.
He said because of the strong dollar, record-high profit margins and oil prices, which he thinks will start to drag on the corporate sector, Russell Investments has been underweight U.S. equities within its global portfolio since December.
He's emphasizing Europe.
"The sentiment there is pretty bad, the valuations are cheaper and the ECB continues to stimulate. I think you don't want to fight the central bankers anymore," Hussey said.
Within the U.S., he would stick with a more defensive portfolio and sectors like banks and technology. He'd stay away from yield-oriented sectors like utilities and REITs.
"We are positioning portfolios for a rate rise," Hussey said.
Auth still thinks the U.S. is the place to be.
He likes names like Dominion Resources, Procter & Gamble and Alaska Air.
"Those are all … domestic companies with interest rate sensitivity to them because we do think yields are heading considerably lower from here," he said. "We like the defensives here and we think they've even got some legs beyond that."
If the market does pullback, Auth said, he'd get more aggressive on cyclical names because that's where the real value is in the market longer term. However, he added, those stocks are now overextended.
Weren't we headed to new highs just last week with all those record breaking days day after day, wonder how all those bulls are feeling now, 300+ point down day is one of those unexacting days, as everyone should already know markets take the stairs up and the elevator down, you can have months worth of gains disappear in a week or 2....dont worry though the fed is meeting next week, they will be able to push the markets back up to historical highs without any problem.
The stock market could see 5-10 percent correction before it heads higher, strategist Steve Auth told CNBC on Tuesday.
That's because the near-term news for the United States has not been great, the equities chief investment officer at Federated Investors said in an interview with "Power Lunch."
"Oil, we think, is heading lower. We think the dollar is heading much higher against the euro. That'll be taken as bad news. A lot of focus [is] on the Fed's next hike, which we think will be June," he said.
Plus, economic numbers hit a bit of a "soft patch," he added, and earnings for the first quarter probably won't be exciting.
Getty Images
Traders on the floor of the New York Stock Exchange.
Still, Auth said, the market will end the year higher, with the S&P 500hitting 2,350.
"We think this is one of these years in the U.S. that is going to be pretty back-half loaded," he said.
Jeff Hussey, global chief investment officer at Russell Investments, also wouldn't be surprised by a pullback of more than 5 percent.
He said because of the strong dollar, record-high profit margins and oil prices, which he thinks will start to drag on the corporate sector, Russell Investments has been underweight U.S. equities within its global portfolio since December.
He's emphasizing Europe.
"The sentiment there is pretty bad, the valuations are cheaper and the ECB continues to stimulate. I think you don't want to fight the central bankers anymore," Hussey said.
Within the U.S., he would stick with a more defensive portfolio and sectors like banks and technology. He'd stay away from yield-oriented sectors like utilities and REITs.
"We are positioning portfolios for a rate rise," Hussey said.
Auth still thinks the U.S. is the place to be.
He likes names like Dominion Resources, Procter & Gamble and Alaska Air.
"Those are all … domestic companies with interest rate sensitivity to them because we do think yields are heading considerably lower from here," he said. "We like the defensives here and we think they've even got some legs beyond that."
If the market does pullback, Auth said, he'd get more aggressive on cyclical names because that's where the real value is in the market longer term. However, he added, those stocks are now overextended.
S&P up only 30% since year 2000.
Thats about 2% a year.
Market has plenty of upside potential.
S&P could be 3000 within a few years.
No seriously, why wait a few weeks? What logic is there? Efficient markets etc. It should just go where everyone knows it will be. Why is anyone even buying at 1.06, 1.05 etc?
Just like gold -- it should just go to $0 already.
Euro down again. If only I trade currencies...so much easier than stocks. It is SO obvious it will go to $1 and I have been saying it in my mind for months. Every day down down down. With QE1000 coming, it will never die never give up until the Euro is dead.