I hope you read the tea leaves a few months ago on which sectors to invest in for the

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Old 12-19-2023, 03:01 PM
rsmurano rsmurano is offline
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Default I hope you read the tea leaves a few months ago on which sectors to invest in for the

There's going to be (already started) a mass exodus of money out of money market accounts into equities which will cause equities to go higher. Certain sectors are going gangbusters for the last couple of months but still have legs to go for a while. This new phase of the bull market will be consisting of the whole market, not just the top 7 mega tech stocks. We needed the support of most companies to participate in the increase value to become a legitimate bull run, and we finally started getting it. Its not too late.
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Old 12-19-2023, 04:03 PM
Keefelane66 Keefelane66 is offline
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Concerned about commodity speculation on oil futures already due to speculation on trade through the Suez Canal, already bumping up futures on petroleum which will affect everyone.
Bloomberg sees high spending this Christmas spending but will that be the last hurrah? And then there's the nations budget/spending expecting a fiasco.
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Old 12-19-2023, 04:06 PM
Robbb Robbb is offline
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Quote:
Originally Posted by rsmurano View Post
There's going to be (already started) a mass exodus of money out of money market accounts into equities which will cause equities to go higher. Certain sectors are going gangbusters for the last couple of months but still have legs to go for a while. This new phase of the bull market will be consisting of the whole market, not just the top 7 mega tech stocks. We needed the support of most companies to participate in the increase value to become a legitimate bull run, and we finally started getting it. Its not too late.
How do you know?
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Old 12-19-2023, 04:11 PM
Gpsma Gpsma is offline
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Originally Posted by Robbb View Post
How do you know?
He we to a rubber chicken lunch and invested all his life savings because a trusted adviser told him so
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We need HALAL now!
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Old 12-19-2023, 05:21 PM
buzzy buzzy is offline
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There's always a December run-up, followed by profit taking in January. Just wait for the next entry point.
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Old 12-19-2023, 05:54 PM
melpetezrinski melpetezrinski is offline
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Originally Posted by buzzy View Post
There's always a December run-up, followed by profit taking in January. Just wait for the next entry point.
Well not "always" but the so called Santa Claus rally DOES occur something like 80% of the time (in the last 70 years).
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Old 12-19-2023, 06:00 PM
BrianL99 BrianL99 is offline
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How do you know?
He drinks tea and checks the bottom of the cup, when it's gone.
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Old 12-20-2023, 06:42 AM
Sully2023 Sully2023 is offline
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Default Reading the tea leaves

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Originally Posted by rsmurano View Post
There's going to be (already started) a mass exodus of money out of money market accounts into equities which will cause equities to go higher. Certain sectors are going gangbusters for the last couple of months but still have legs to go for a while. This new phase of the bull market will be consisting of the whole market, not just the top 7 mega tech stocks. We needed the support of most companies to participate in the increase value to become a legitimate bull run, and we finally started getting it. Its not too late.
I wish you were around the last time the market took a dive so you could have warned me to pull my money from the market.

I’m a long term investor, finally recouping most of my losses from the last market correction.

What’s that saying - buy when people are selling and sell when people are buying.

No one can predict human behavior.
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Old 12-20-2023, 06:59 AM
Caymus Caymus is online now
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How do you know?
FOMO (Fear of missing out)
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Old 12-20-2023, 07:20 AM
Romad Romad is offline
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Nothing like living like it is 1929.
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Old 12-20-2023, 07:27 AM
Gunny2403 Gunny2403 is offline
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Frankly I’m cashing out a percentage of my equities. Nothing lasts forever. Cash in and don’t be greedy.
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Old 12-20-2023, 07:57 AM
LoisR LoisR is offline
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I have some land smack in the middle of Manhattan if you're interested. Also have several NYC bridges for sale. Great bargain. They just about pay for themselves.
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Old 12-20-2023, 08:10 AM
rsmurano rsmurano is offline
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Quote:
Originally Posted by Sully2023 View Post
I wish you were around the last time the market took a dive so you could have warned me to pull my money from the market.

I’m a long term investor, finally recouping most of my losses from the last market correction.

What’s that saying - buy when people are selling and sell when people are buying.

No one can predict human behavior.
I sold everything back near 01/22 and got into money markets and got into and out of certain stocks/funds during the past 23 months, the majority of my $$$ in money market up until a few months ago.

I’m also a long term investor but I didn’t like what was going on at the end of 2021 so I got out. So I don’t have to wait until I get back to normal. I made money during the last 2 years. Like I mentioned, I’m a long term investor and the funds I got into a few months ago, are the same funds that I have had for decades.
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Old 12-20-2023, 08:45 AM
msilagy msilagy is offline
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Pulling out of equities if you don't have to over the years has proved to be unproductive. Stay the course.
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Old 12-20-2023, 09:14 AM
Robnlaura Robnlaura is offline
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Default I don’t get the halal

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Originally Posted by Gpsma View Post
He we to a rubber chicken lunch and invested all his life savings because a trusted adviser told him so
Just a question why do we need Islamic halal food ??
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