One Year To Nowhere

[OriZ 3,157]

LOL. God you listen to some awful music

[Jacque67 7,328]

LOL. God you listen to some awful music

Ha ha. Pretty amazing video though!!!!!

[Expat1 971]

again in hindsight they were the bottoms.

I just checked my returns since Jan 1 and I see as of Friday I am at 3.45% ROI ( not sure exactly how that is calculated as I continued contributions weekly) Granted some of that was invested in my company stock which has outstripped the market, but where else ( given the benefit of hindsight) should I have invested my money?

At the first of the year the best sectors on a valuation basis were energy, financial services, and emerging markets Asia, excluding China, with IDX particularly noted. It was at 17.5, yesterdays close was 21.

These pointed out a few months ago.

Now go check them.

Oh and you should have bought gold last year LOL. Check that too.

Edited April 13, 2016 by Expat1

[OriZ 3,157]

At last, a nobelist that actually knows what he's talking about(unlike that Paul Krugman creature)

https://www.project-syndicate.org/commentary/negative-rates-flawed-economic-model-by-joseph-e--stiglitz-2016-04

[Expat1 971]

Im wondering how much longer the market can wander around in this range.

We are sort of laughing at the newly announced two trillion dollar investment fund. Biggest ponzi scam in history unfolding right before our eyes.

[OriZ 3,157]

Im wondering how much longer the market can wander around in this range.

We are sort of laughing at the newly announced two trillion dollar investment fund. Biggest ponzi scam in history unfolding right before our eyes.

From Dec:

Always assume things are going to take longer, not shorter. Yes, internals have sucked since mid 2014, but the market top wasn't till a year later, and that is if it was the final top, which it more than likely was but like I said at this point and until a few more of my conditions are met - I can't exclude another push higher.

But lets say May was THE top. In 2007-9 it took 17 months to reach a bottom. In 2000-2002 it took 32 months to reach a bottom. So I don't see how this one takes only 12. It's probably going to extend into at least the end of 2016 if not into 2017.

I hate John Maynard Keynes but one thing he said that I agree with 'the market can stay irrational longer than you can stay solvent'.

I think we'll come out of the range at some point this year, but I can see this extending well into 2017 now, possibly 2018. They are throwing everything they can at it; unfortunately that only means prolonging the pain.

[Expat1 971]

Yeah I for sure underestimated the effectiveness of the various financial tricks available to artificially prop up a bloated market. I was basically giving it 18 months or so.

Looks like the second quarter earnings season. I cant think of a better year to sell in May LOL

[OriZ 3,157]

I cant think of a better year to sell in May LOL

No doubt. At the very least for a 75-150 point correction.

[OriZ 3,157]

Fed holds on rates, warns economy has slowed

http://www.cnbc.com/2016/04/27/federal-reserve-rate-decision-latest-news.html

Edited April 28, 2016 by OriZ

[X Factor 1,112]

Yes the Feds were hawkish but only slightly

[X Factor 1,112]

Bank of Japan shocks market with no action. SPX futures down 20 points heralding a lower opening on Wall Street

[Expat1 971]

I'll see you guys in the fall LOL

[X Factor 1,112]

Amazon up big after market close. Sales beat expectations.

[Expat1 971]

If Amazon was selling for about 25 bucks a share it would be a good investment LOL

[OriZ 3,157]

If Amazon was selling for about 25 bucks a share it would be a good investment LOL

Nah, but definitely need to/going to see it at 3XX.

BTW, did you see oil is getting really close to $50?