[b]Getting that [color=red]crashy [/color]feeling tonight. . [/b]

Reply
Thread Tools
  #1  
Old 03-03-2025, 10:43 PM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,482
Thanks: 640
Thanked 2,522 Times in 1,231 Posts
Default [b]Getting that [color=red]crashy [/color]feeling tonight. . [/b]

Today closed below my cyclical wave support level, where now waves close lower than they start.

Fed Atlanta downgraded CY25 Q1 growth to -2.8% with a very good accuracy rate, like +/- 0.2%. Um, that's very abnormal and very large
GDPNow - Federal Reserve Bank of Atlanta

middle of the page

Canada imported wholesale fuel prices going up 20 cents minimum, Irving Oil
Canada to halt nickel shipments to US. .
we might be able to use dimes, but not for very long.
Doug Ford, Premiere of Ontario on TV today, not sure which channel: "I will shut down the electricity to NY, MI and MN if I have to!"

The exit door may be very small, if one can even get through.

Good luck everyone, we will need it this week. .
  #2  
Old 03-04-2025, 10:56 AM
ElDiabloJoe ElDiabloJoe is offline
Gold member
Join Date: Aug 2021
Posts: 1,298
Thanks: 95
Thanked 1,409 Times in 548 Posts
Default

If one is always predicting a bear market, or a crash, one will eventually be correct.
Same as if one is always predicting a bull market, one will eventually be correct.
Maybe if one is always predicting that cost of living will go up, they will be correct.
Same as if one is always predicting that one day they will not wake up, they will eventually be correct.

Sooner or later, they will all happen. Fretting that it is imminent and being correct does not necessarily mean one is a seer. It simply serves less a warning and more a downer in consumer enthusiam.

That's just my opinion, take it for the two cents it cost you.
__________________
Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current
  #3  
Old 03-04-2025, 10:58 AM
Taltarzac725's Avatar
Taltarzac725 Taltarzac725 is offline
Sage
Join Date: Jul 2007
Posts: 51,427
Thanks: 10,806
Thanked 3,976 Times in 2,400 Posts
Default

I will have to trust in our broker. Current events in 2025 are very worrisome.
  #4  
Old 03-04-2025, 11:48 AM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,482
Thanks: 640
Thanked 2,522 Times in 1,231 Posts
Default

Quote:
Originally Posted by ElDiabloJoe View Post
If one is always predicting a bear market, or a crash, one will eventually be correct.
Same as if one is always predicting a bull market, one will eventually be correct.
Maybe if one is always predicting that cost of living will go up, they will be correct.
Same as if one is always predicting that one day they will not wake up, they will eventually be correct.

Sooner or later, they will all happen. Fretting that it is imminent and being correct does not necessarily mean one is a seer. It simply serves less a warning and more a downer in consumer enthusiam.

That's just my opinion, take it for the two cents it cost you.
general common knowledge. . . definition of complacency
  #5  
Old 03-04-2025, 12:16 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,754
Thanks: 14,106
Thanked 5,006 Times in 1,905 Posts
Default

The market has been overheated for some time so a correction is in order. Shiller CAPE ratio was 37.97 in February. It has historically averaged in the 15 - 16 range.

S&P 500 Shiller CAPE Ratio Monthly Analysis: Shiller S&P 500 PE 10 | YCharts.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine

Last edited by manaboutown; 03-04-2025 at 12:27 PM.
  #6  
Old 03-04-2025, 12:24 PM
gatorbill1 gatorbill1 is offline
Veteran member
Join Date: Aug 2018
Location: Upstate NY, So Fla, Louisiana, So Fla, Santiago and now Bonnybrook
Posts: 675
Thanks: 156
Thanked 969 Times in 302 Posts
Default

Marcus Goldman Sacks has a 14 month CD at 4.5% - looking good now!
  #7  
Old 03-04-2025, 12:26 PM
gatorbill1 gatorbill1 is offline
Veteran member
Join Date: Aug 2018
Location: Upstate NY, So Fla, Louisiana, So Fla, Santiago and now Bonnybrook
Posts: 675
Thanks: 156
Thanked 969 Times in 302 Posts
Default

Marcus Goldman Sacks has a 14 month CD at 4.5%. Looking good now
  #8  
Old 03-04-2025, 05:35 PM
jbartle1 jbartle1 is offline
Senior Member
Join Date: Jun 2021
Posts: 225
Thanks: 29
Thanked 246 Times in 97 Posts
Default

Quote:
Originally Posted by CoachKandSportsguy View Post
Today closed below my cyclical wave support level, where now waves close lower than they start.

Fed Atlanta downgraded CY25 Q1 growth to -2.8% with a very good accuracy rate, like +/- 0.2%. Um, that's very abnormal and very large
GDPNow - Federal Reserve Bank of Atlanta

middle of

Canada imported wholesale fuel prices going up 20 cents minimum, Irving Oil
Canada to halt nickel shipments to US. .
we might be able to use dimes, but not for very long.
Doug Ford, Premiere of Ontario on TV today, not sure which channel: "I will shut down the electricity to NY, MI and MN if I have to!"

The exit door may be very small, if one can even get through.

Good luck everyone, we will need it this week. .
But on a lighter note, Duke is doing greeeaat!
  #9  
Old 03-04-2025, 05:42 PM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,482
Thanks: 640
Thanked 2,522 Times in 1,231 Posts
Default

Not wanting a crash, for sure, just the economic backdrop with tariffs, counter tariffs, govt cost savings, (which decreases from economic growth) , a junk drawer instead of a cabinet, gives a grim picture. . . going back to 2016, when Mexican tariffs were lifted, the market has a very nice rally. . . So the market can be very volatile, and i welcome good news. . just the backdrop is net very growth friendly.

good luck to us!
  #10  
Old 03-04-2025, 05:45 PM
CoachKandSportsguy CoachKandSportsguy is offline
Sage
Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,482
Thanks: 640
Thanked 2,522 Times in 1,231 Posts
Default

Quote:
Originally Posted by gatorbill1 View Post
Marcus Goldman Sacks has a 14 month CD at 4.5%. Looking good now
pffft

$BIL is 5.0%, its tax efficient, ie, dividends versus bank interest,
and you can buy and sell any day for any amount if needed.
  #11  
Old 03-04-2025, 07:45 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,754
Thanks: 14,106
Thanked 5,006 Times in 1,905 Posts
Default

I am feeling very happy, confident and positive about how things are going and looking forward to benefitting from new opportunities when they arise; and they will, they always do.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #12  
Old 03-04-2025, 11:17 PM
phylt phylt is offline
Senior Member
Join Date: Nov 2013
Posts: 182
Thanks: 235
Thanked 381 Times in 101 Posts
Default

Completely totally enthusiastically agree. Wish I had a bundle to invest right now....
  #13  
Old 03-05-2025, 05:36 AM
Cuervo Cuervo is offline
Senior Member
Join Date: Mar 2014
Posts: 296
Thanks: 0
Thanked 249 Times in 135 Posts
Default

I'm not sure what position you are on, but I believe if some rational people do not sit down without emotions and egos getting in the way this could go from bad to worst. I spent five years negotiating contracts, I have a copy of the last contract which has 27 signatures 26 were from their side the 27 was mine. Though you expect posturing on both sides at the end you hope that both sides of the table will come to an equitable agreement to protect the people you are there to represent. If either side cannot resolve the issue, then it's time for the people on both sides to reevaluate who is negotiating on their behalf
  #14  
Old 03-05-2025, 05:49 AM
MorTech MorTech is offline
Platinum member
Join Date: Jan 2017
Posts: 1,639
Thanks: 0
Thanked 547 Times in 338 Posts
Default

All the GDP growth over the last 4 years was government deficit spending. GDP is just a measure of total spending and has little to do with producing things. GDP will go down for a while as $2T+/year is removed from Government spending. Real GDP growth (or a better indicator private sector GNI) will rise eventually. Mass import tariffs are going to be disruptive but probably necessary to bring private sector growth to the USA. Things are going to get expensive but better a tax on consumption than a tax on income/production.
  #15  
Old 03-05-2025, 05:59 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 12,669
Thanks: 981
Thanked 10,864 Times in 4,136 Posts
Default

Quote:
Originally Posted by Cuervo View Post
I'm not sure what position you are on, but I believe if some rational people do not sit down without emotions and egos getting in the way this could go from bad to worst. I spent five years negotiating contracts, I have a copy of the last contract which has 27 signatures 26 were from their side the 27 was mine. Though you expect posturing on both sides at the end you hope that both sides of the table will come to an equitable agreement to protect the people you are there to represent. If either side cannot resolve the issue, then it's time for the people on both sides to reevaluate who is negotiating on their behalf
Agree.
Many people never negotiated "a deal" and follow the emotion and hype of the media.
Yes there will be swings, Yes there will be losses, but there will be greater gains.
Timing the market "never wins."
__________________
Identifying as Mr. Helpful
Reply

Tags
good, canada, irving, oil, halt


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 01:25 AM.