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Email this8:59 pm
February 20, 2018
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Looks like it. The fed bailed out everyone including junk and giving a nod to stockholders. It's like nothing happened stocks trading at 15-20% off record highs. There was some value at the bottom 30% off the top not as good as 40-45 in 09. Not a lot of upside left given the risks from annual pandemic hype, trade wars, rogue nations, socialism and corruption.
10:27 pm
December 12, 2009
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Bud said
Looks like it. The fed bailed out everyone including junk and giving a nod to stockholders. It's like nothing happened stocks trading at 15-20% off record highs. There was some value at the bottom 30% off the top not as good as 40-45 in 09. Not a lot of upside left given the risks from annual pandemic hype, trade wars, rogue nations, socialism and corruption.
It's good to know @Bud can call a stock market bottom, without companies having yet reported their Q1 earnings, without knowing an end date to the COVID-19 restrictions, without colour and context to the future supply/demand balance with respect to oil, and without any sort of fundamental economic data.
This honestly just seems like trolling except I'm not entirely sure what you're trying to say as you close with there not being upside left yet you've called the stock market having bottomed. Do you honestly think the stock market has flatlined to infinity?
Cheers,
Doug
11:07 pm
October 29, 2017
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It’s not finished yet! The real bubble hasn’t begun to burst.
12:05 am
February 20, 2018
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Vatox said
It’s not finished yet! The real bubble hasn’t begun to burst.
Oh, when do you expect it to burst?
6:49 am
December 12, 2009
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Bud said
Oh, when do you expect it to burst?
If @Vatox knew when, he would've said so. 
The point of Vatox' reply is that no one, including you, has a magic crystal ball that can predict the future.
I will just close by saying that, in no prior bear market, there has never been only a single bottom of the equity markets.* A second bottom is thus highly probable.
Cheers,
Doug
* Source: TD Securities, 2020.
8:42 am
February 27, 2018
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to add to Doug's point.
a financial advisor will tell you of great % returns and missed opportunities. you should question your advisor... with all your knowledge and wisdom, you must be a millionaire many times over... why are you still working 9 to 5 behind a desk?
on BNN one of anchormen was talking the turbulent markets and he openly admitted that he never invests in the stock market. i found that comment oddly funny, a swimming instructor who doesn't swim. a pilot who's afraid of heights.
there is no correlation in the stock market anymore. in my day, if a company made a profit, their share price went up.
today's investor buy shares because the like the font colour in the company's logo
8:47 am
December 12, 2009
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Kidd said
today's investor buy shares because the like the font colour in the company's logo
So true...I just bought Genworth MI Canada because I liked their logo and an easy-to-navigate investor website. (Not really, but they do have a nice logo and their website functionally exemplifies a "back to basics" mentality.)
Beyond that, we have little to go on right now.
Cheers,
Doug
8:48 am
October 29, 2017
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Doug said
If @Vatox knew when, he would've said so.
The point of Vatox' reply is that no one, including you, has a magic crystal ball that can predict the future.
I will just close by saying that, in no prior bear market, there has never been only a single bottom of the equity markets.* A second bottom is thus highly probable.
Cheers,
Doug* Source: TD Securities, 2020.
Thanks Doug, was just thinking of replying and saw your post. That’s exactly it, I have no clue when things are going to happen. I simply said that the real bubble hasn’t been popped yet. Everything that we have seen is from fear, of a virus, and the underlying problems that were here in the “Great Recession” are still holding.
8:52 am
February 20, 2018
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It seems the speculators got the fed by the ball$. Dont bailout junk ur screwed. Workers, pension funds all tied into the knot.
Do you consider those with assets in big banks above deposit insurance limits speculators
8:57 am
January 12, 2019
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Bud said
Looks like it . . .
.
.
- More likely a . . .
.
" Live Long, Healthy ... And Prosper! "
9:50 am
December 12, 2009
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Bud said
It seems the speculators got the fed by the ball$. Dont bailout junk ur screwed. Workers, pension funds all tied into the knot.
Do you consider those with assets in big banks above deposit insurance limits speculators
Speculators, no, but they are essentially buying the equivalent of the Big 5 bank's corporate bond when they deposit more than CDIC deposit insurance limit. Some banks bonds, and thus deposits, are more investable than others (i.e., CIBC versus Home Trust/Home Bank/Equitable Bank/Equitable Trust or Home Trust/Equitable Bank versus Bridgewater Bank/Canadian Tire Bank). The difference here is, while there can be a secondary market for GICs, the reality it is it is far less liquid than even the corporate bond market secondary market, which can be illiquid at times.
Cheers,
Doug
10:16 am
April 8, 2020
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Oh, when do you expect it to burst?
As a conservative investor who remembers the 2008/2009 downturn, I feel comfortable saying we are in a 'bear market' with more downside ahead.
At this stage, we have seen the market fall and rise again, but solely based on speculative in and out trading. As unemployment increases and GDP diminishes in the year to eighteen months ahead, the stock market will shake out all but the most resilient investors.
I can't recall a recession where the government first attempted to increase unemployment while at the same time stimulating the economy to get people back to work. This recovery will stumble on its own contradictions.
The average recession in recent decades lasted a little short of a year. I suspect this one will be longer, based on my reasoning set out above.
8:10 pm
February 20, 2018
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Second leg candidate emerging market debt defaults one theory key manufacturing leaving n coming home to secure supply in west. On the other hand this could lead to renaissance at home
https://www.google.com/amp/s/amp.ft.com/content/2fab03a5-ed35-489e-8f24-980c488d1ec6
You get a sense the market is afraid to fall because of the fed keep coming to the rescue
Goldman says market is unlikely to make new lows because government is doing ‘whatever it takes’ policy
You know the old sayin' 'don't fight the fed'
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