Is The End of The Bull Market Near?

[dealmaker]

We won't know till it's over so questions like this are pointless?

 

[OddTrader]

We won't know till it's over so questions like this are pointless?

Traders always like to think about tomorrow today.

Perhaps a major adjustment could be seen in the next several days.

http://www.omaha.com/money/slow-con...cle_b29e1eb3-f404-53f8-ac40-2bd6c599f86e.html

Slow consumer spending causes weak U.S. GDP growth in first quarter

Apr 29, 2017

WASHINGTON (AP) — The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump’s ambitious growth targets and underscores the challenges of accelerating economic expansion.

Gross domestic product — the total output of goods and services — grew by just 0.7 percent in the first quarter following a gain of 2.1 percent in the fourth quarter, the Commerce Department reported Friday.

The slowdown primarily reflected slower consumer spending, which grew at a seasonally adjusted annual rate of 0.3 percent after a growth rate of 3.5 percent in the fourth quarter. It was the poorest quarterly showing in more than seven years.

 

[dealmaker]

Traders always like to think about tomorrow today.

Perhaps a major adjustment could be seen in the next several days.

Wrong, those are investors or wannabe traders. Traders job is "provide & remove liquidity, correct inefficiency, search for an edge and exercise discipline" IE react to the market. Traders attitude is "anything can happen".

 

[Money Trust]

Guys like Peter Schiff have been saying that the bull market is near it's end since the bull market began. The point is: no one knows. Anyone claiming to know is either naive or a charlatan.

 

[OddTrader]

Wrong, those are investors or wannabe traders. Traders job is "provide & remove liquidity, correct inefficiency, search for an edge and exercise discipline" IE react to the market. Traders attitude is "anything can happen".

Hedge Fund Plummets 62% After Betting Against the Chinese Economy

by Melissa Karsh and Hema Parmar
May 23, 2017

https://www.bloomberg.com/news/arti...ops-62-as-candlewood-puerto-rico-pool-jumps-9

A hedge fund at Emerging Sovereign Group that has bet against the Chinese economy sunk about 62 percent this year through April.

The Nexus fund dropped 8.2 percent last month, according to an email to investors seen by Bloomberg News. The April results mark at least the third consecutive month of negative returns for the fund.

 

[systematictrader]

- Don't quit your day job
- Don't use leverage
- Open a Roth IRA
- Sometimes money is made by sitting in cash
- Don't be a hostage to the markets
- let the markets, profitability of the world's economys work for you[/QUOTE]


this sounds like advice for the middle class, you didnt become a trader and go through all the headach to follow the above

 

[dealmaker]

- Don't quit your day job
- Don't use leverage
- Open a Roth IRA
- Sometimes money is made by sitting in cash
- Don't be a hostage to the markets
- let the markets, profitability of the world's economys work for you

this sounds like advice for the middle class, you didnt become a trader and go through all the headach to follow the above[/QUOTE]

You're not a trader if you are not trading full time...

 

[JSSPMK]

Is The End of The Bull Market Near?

As in market goes 20% down?

 

[systematictrader]

this sounds like advice for the middle class, you didnt become a trader and go through all the headach to follow the above

You're not a trader if you are not trading full time...[/QUOTE]


i agree

 

[comagnum]

Is The End of The Bull Market Near?

Which one? The cryptocurrency bubble looks like it is a full blown mania now - this will not end well for those piling in now.