And inflation adjusted we've just entered the break-out in October... again... however you want to paint the picture. Looking at just normal prices you are correct....
This guy says the bull market is already starting... Where was he since 2009?
- Thread starter S2007S
- Start date
And inflation adjusted we've just entered the break-out in October... again... however you want to paint the picture. Looking at just normal prices you are correct....
Inflation? In what? California weed prices? LOL. The 1% we have been seeing in CPI is not going to change those numbers much. LOL.
Exactly my point... inflation in what. Which inflation number are we looking at. CPI? Core? With energy or without? What's in the package anyway and how does it really reflect my own expenses? Again semantics... people get so hung up on words. That's why I'd rather do my own research than listen to somebody at CNBC/FOX/CNN who sits behind his desk trying to come up with something new to write... Analysts are highly overrated. Journalism is nothing more than opinionated views nowadays, compared to objective news back in what?... the 50's?
(I'll stop ranting now
)PS. Mav, you've got some options experience right? Can you put your brain to work on this thread: https://www.elitetrader.com/et/thre...s-on-very-high-iv.304993/page-3#post-4371937? Cheers...
What happens when take away the dividend benefit from the numbers? It makes the gains dramatically less.
Hamp
No, since 2242 now is on ex-dividend basis. So you'll actually need to add dividends to this....
That would mean dramatically bigger gains
I'd like to quote myself from back in October:
/// Warren Buffet has said we live in the best of times. I believe he is right. There will be many potholes and setbacks along the way as there has always been, but over time, all markets will continue to rise. One poster here said DOW 100K lol, I'm sure he was joking, but we are in the infancy of one of the greatest bull markets ever. Any pullback is a gift. Money can be made trading long and short near term, but owning quality stocks and quality real-estate for the long haul as the larger portion of one's portfolio is the sure path to wealth. Regardless of who becomes president, our markets are going up, up ,up.///
https://elitetrader.com/et/threads/...t-for-the-economy.303741/page-13#post-4347599
/// Warren Buffet has said we live in the best of times. I believe he is right. There will be many potholes and setbacks along the way as there has always been, but over time, all markets will continue to rise. One poster here said DOW 100K lol, I'm sure he was joking, but we are in the infancy of one of the greatest bull markets ever. Any pullback is a gift. Money can be made trading long and short near term, but owning quality stocks and quality real-estate for the long haul as the larger portion of one's portfolio is the sure path to wealth. Regardless of who becomes president, our markets are going up, up ,up.///
https://elitetrader.com/et/threads/...t-for-the-economy.303741/page-13#post-4347599
http://thereformedbroker.com/2016/10/13/when-did-the-bull-market-begin-irl/
This is what the secular breakout of 2013 looks like, in relation to the breakaway from the prior two peaks between 2000-2007. By this count, the previous secular bear was 13 years (2000-2013), hence the current bull market is 3, not 7, and has a long way to go before anyone can say that it’s gone too far:
- The actual starting point of the current secular bull market is the spring of 2013, when we broke above the double-top record highs of 2000 and 2007. This means we’re only into the third year.
- I also would like to asterisk the fall of 2011 because the S&P 500 dropped 21% briefly in the depths of that panic, which would restart the count anyway if you were using 2009. This is semantics but important if we’re serious about dating. A drop into 20%+ drawdown, even if it’s brief, means a bear market and the end of the previous bull, if we’re using the generally accepted 20% (which is also meaningless, but it is what it is).
![spx-breakout.png[img]](http://thereformedbroker.com/wp-content/uploads/2016/10/spx-breakout.png[img])
So basically there is zero risk buying this market....
Time to close out all my shorts tomorrow and go long 100%.....with zero risk its noting but unlimited gains going forward....that chart says it all!!!
We are looking at a perpetual bull market that's going to last 50+ years.....
Inflation in what????
Hmmmmmmmmmm
Guess you don't go out to buy the goods and services of the good old USA
All I know is that everything I buy has skyrocketed in price in the last decade!!!!
Let's see...
Just off the top of my head....
College tuition is up over 100% in 10 years
Hospital services and premiums have skyrocketed over 100%++ in the last decade
Rents have skyrocketed and on average are increasing 5-7% a year in some markets I have researched.
Housing prices dipped after the financial crisis but are now back above 2008 lows by a great amount...
Go out for dinner as a couple and for 2 main dishes $20 each...appetizers $15 drinks $16 and dessert $8 and you are looking at + tip looking at $95-$100!!!!!
Back in the day you could have a factory job clearing enough money to afford a 1 bedroom apartment, making enough in about 7 working days to afford the monthly rent....today you can't even come close....minimum wage paying jobs can't afford for you to live comfortable...coming home with a little over a thousand a month....that can't afford you to even buy the cheapest of the homes anywhere in america!
Only after '42. Basically at end of WO2 it was back at where it was before. So it only recovered when the tides changed in Allieds favor. In 1942 the Germans advance was halted....