Has the correction begun?

[Overnight]

As long as a republican is president will we eventually see a recession and a 20% decline in SPX to 2645. Year 11 of economic expansion. Look up past economic cycles and what happens next


Take it to the bank

Should we mortgage our house on this bet, like Dozu suggests in the opposite direction?

 

[greeneveryday]

As long as a republican is president will we eventually see a recession and a 20% decline in SPX to 2645. Year 11 of economic expansion. Look up past economic cycles and what happens next


Take it to the bank

This was true to the past. However, now the FED is the player. So all rules are played by the FED. DON"T FIGHT THE FED. They want to prop this up. Go with the trend.

 

[ironchef]

Really?
Not a single investor in the S&P, Naz, or DOW that bought anytime since 1896 and held have lost money.
The U.S. market is designed to go up.
Every two weeks a portion of people’s paychecks go into the market. And when all else fails the Fed gives out free trillions to make it go up.

Are you sure?

If in 1896 you bought a share of each of the then DOW components, today your returns probably would be negative. I think the only original DOW that is still in business is GE, all the others are out of business a long time ago, and GE is not doing too well either.

 

[vincentnyc]

Are you sure?

If in 1896 you bought a share of each of the then DOW components, today your returns probably would be negative. I think the only original DOW that is still in business is GE, all the others are out of business a long time ago, and GE is not doing too well either.

If you bought the Dow and not the companies of the Dow. Yes. Ppl don’t realize that companies get kicked out and replaced all the time for the Dow and spy. For example ge finally got kicked out of the Dow after more than 100 yrs in the Dow.

 

[tiddlywinks]

Are you sure?

If in 1896 you bought a share of each of the then DOW components, today your returns probably would be negative. I think the only original DOW that is still in business is GE, all the others are out of business a long time ago, and GE is not doing too well either.

According to this Fool Bros article, $1K put into GE in late 1890's would be worth 10.7 million.
https://www.fool.com/investing/2019/12/02/if-you-invested-1000-in-ges-ipo-this-is-how-much-m.aspx

 

[Snuskpelle]

According to this Fool Bros article, $1K put into GE in late 1890's would be worth 10.7 million.
https://www.fool.com/investing/2019/12/02/if-you-invested-1000-in-ges-ipo-this-is-how-much-m.aspx

True. Total return vs Normalized share price after splits vs Share price

 

[S2007S]

If you bought the Dow and not the companies of the Dow. Yes. Ppl don’t realize that companies get kicked out and replaced all the time for the Dow and spy. For example ge finally got kicked out of the Dow after more than 100 yrs in the Dow.

The etf DIA didnt exist 100 years ago a mutual funds were well after these companies were either folded into a buyout or went under so how could you have bought the dow before DIA and mutual funds to cash in on those average 7-8% gains???

 

[volpri]

As long as a republican is president will we eventually see a recession and a 20% decline in SPX to 2645. Year 11 of economic expansion. Look up past economic cycles and what happens next


Take it to the bank

 

[schizo]

The etf DIA didnt exist 100 years ago a mutual funds were well after these companies were either folded into a buyout or went under so how could you have bought the dow before DIA and mutual funds to cash in on those average 7-8% gains???

You buy all 30 Dow component stocks.

 

[S2007S]

Futures falling hard...I believe it's still the virus that's causing the drop. If you all remember bird flu and sars...etc. they usually come up with a cure in a month or two and everything is forgotten about and stocks resume their triumph rally