Why we are in a Bull Market

Are we in a bull market?

  • Agree, this is a bull market, I am Net long

    Votes: 13 22.4%
  • Agree, the market was pitching like Roger Clemens for a while, now its more of a tee ball game

    Votes: 1 1.7%
  • This market is going to tank, don't get too excited

    Votes: 8 13.8%
  • I could care less, my strategy doesn't have a market bias

    Votes: 20 34.5%
  • Picking the market direction is a coin flip, read Fooled by Randomness, its all luck

    Votes: 2 3.4%
  • Let these foolish shorts and weak longs stay on the sidelines, they won't admit to this bull market

    Votes: 1 1.7%
  • Obviously the market has topped, it goes lower from here

    Votes: 6 10.3%
  • Agree, I am massive long, good points

    Votes: 7 12.1%

  • Total voters
    58
1. Market has been in a solid uptrend in the face of (A) higher oil and (B) higher rates. Any fall back in oil, rates, or both, the brakes or gloves are taken off and this market takes off further at rapid speed. London terrorist attacks couldn't even take the market down.

2. Recent M&A activity, uptrend

3. IPO market picking up (Bidu, new IPO's this week)

4. Marketing initiaves by brokers shows signs of growth, traders and investors slowly coming back in.

5. Hedge fund growth, hedge funds are now playing the part of VC's during the boom, investing in companies, buying debt, etc.

6. China and India growth fueling international commerce and technology.

7. Strong Job growth

8. Solid Earnings Growth

9. Rates are coming to an end

10. Terrorism fears are priced in and market has shown weak sensitivity to terror. (London)

11. Technical Picture is Bullish
 
Because the market is going up seems reason enough to me.

OTOH-if you are looking for a logical explanation, there are the usual suspects you could point to to prove the markets rise is consistent with underlying fundamentals or by selecting other macro factors show it is not consistent.

If you agree with the rise, there is a low interest rate environment, growing earnings, increasing GDP and productivity good consumer confidence, a weak dollar, Republicans in charge, etc.

If you disagree, you could point to the Fed's unrelenting march to increase interest rates, high oil prices, political uncertainity and the threat of terrorists, sky high current account deficit, a weak dollar, a housing bubble, Republicans in charge, etc.


DS
 
Quote from syrre:

I suppose you mean in the poll:
I could NOT care less, my strategy doesn't have a market bias :)
[/QUOTE

http://www.bartleby.com/64/C003/078.html


The American Heritage® Book of English Usage.
A Practical and Authoritative Guide to Contemporary English. 1996.


3. Word Choice: New Uses, Common Confusion, and Constraints


§ 78. could care less / couldn’t care less
I could care less! you might say sometime in disgust. You might just as easily have said I couldn’t care less and meant the same thing! How can this be? When taken literally, the phrase I could care less means “I care more than I might,” rather than “I don’t care at all.” But the beauty of sarcasm is that it can turn meanings on their head, thus allowing could care less to work as an equivalent for couldn’t care less. Because of its sarcasm, could care less is more informal than its negative counterpart and may be open to misinterpretation when used in writing. 1
The phrases cannot but and can but present a similar case of a positive and a negative meaning the same thing. For more on this, see cannot under Grammar. 2







The American Heritage® Book of English Usage. Copyright © 1996 by Houghton Mifflin Company. All rights reserved.
 
Quote from fxpeculator:
Because of its sarcasm, could care less is more informal than its negative counterpart and may be open to misinterpretation when used in writing.

thats for sure
 
Quote from areyoukidding?:

Did anyone read the insane ramblings in the poll? Jeez man, take it slow.

Are you aware that envy and taking your P&L weakness out on others are trader sins? Keep the "flaming" coming. LOL
 
Quote from fxpeculator:

Quote from syrre:

I suppose you mean in the poll:
I could NOT care less, my strategy doesn't have a market bias :)
[/QUOTE

http://www.bartleby.com/64/C003/078.html


The American Heritage® Book of English Usage.
A Practical and Authoritative Guide to Contemporary English. 1996.


3. Word Choice: New Uses, Common Confusion, and Constraints


§ 78. could care less / couldn’t care less
I could care less! you might say sometime in disgust. You might just as easily have said I couldn’t care less and meant the same thing! How can this be? When taken literally, the phrase I could care less means “I care more than I might,” rather than “I don’t care at all.” But the beauty of sarcasm is that it can turn meanings on their head, thus allowing could care less to work as an equivalent for couldn’t care less. Because of its sarcasm, could care less is more informal than its negative counterpart and may be open to misinterpretation when used in writing. 1
The phrases cannot but and can but present a similar case of a positive and a negative meaning the same thing. For more on this, see cannot under Grammar. 2







The American Heritage® Book of English Usage. Copyright © 1996 by Houghton Mifflin Company. All rights reserved.


Irregardless :D
 
Back
Top