Stocks: Market Crash Looming

[Zippyjuan]

2009: Market Crash Looming.

2018: Longest Bull Market in History (it will be on Wednesday).

Unless the stock market drops significantly by the end of trading Wednesday, the bull market that started March 2009 will have lasted nine years, five months and 13 days. The long rally has added trillions of dollars to household wealth and boosted the economy.

https://www.cbsnews.com/news/u-s-stocks-climb-ahead-of-record-for-longest-ever-bull-market/

 

[oyarde]

It is funny there no gold threads right now when it actually makes sense to be a gold bull. There were all sorts of them in 2013 during euphoria. A couple of interesting factoids.

Here is the average return of gold miners when you have selloffs like this.

And the first time big speculators have been net short gold futures since 2002 which preceded a like 1000% runup in gold.

Gold has been pretty consistent for a long time ( 1100 - 1375.00 ) , all a person had to do was buy about every time it drops a 100.00 or more

 

[devil21]

2009: Market Crash Looming.

2018: Longest Bull Market in History (it will be on Wednesday).

"Unless the stock market drops significantly by the end of trading Wednesday, the bull market that started March 2009 will have lasted nine years, five months and 13 days. The long rally has added trillions of dollars to household wealth and boosted the economy."

Place your bets folks! All that imaginary banker book entry money is about to start going back to where it came from.

9 years 5 months and 13 days since S&P500 at '666'. Gee, I wonder how long it's been since the -777 day? Can anybody tell me?

 

[Zippyjuan]

Place your bets folks! All that imaginary banker book entry money is about to start going back to where it came from.

9 years 5 months and 13 days since S&P500 at '666'. Gee, I wonder how long it's been since the -777 day? Can anybody tell me?

Eventually you will be right and the market will go down. Nothing goes up forever. But it does go up far more than it goes down. So think S&P500 will lose 2200 points from where it is now (77%) so it can hit your magic "666"?

 

[devil21]

Eventually you will be right and the market will go down. Nothing goes up forever. But it does go up far more than it goes down. So think S&P500 will lose 2200 points from where it is now (77%) so it can hit your magic "666"?

Man, I hope it's not all scripted by, like, numbers in the bible and dates and stuff.

 

[Krugminator2]

Gold has been pretty consistent for a long time ( 1100 - 1375.00 ) , all a person had to do was buy about every time it drops a 100.00 or more

I am not that smart. I like things that are super obvious and not just obvious in hindsight.

 

[AZJoe]

[video=youtube;Iy4rLfPSYOE]https://www.youtube.com/watch?time_continue=72&v=Iy4rLfPSYOE[/video]

 

[specsaregood]

It is funny there no gold threads right now when it actually makes sense to be a gold bull. There were all sorts of them in 2013 during euphoria. A couple of interesting factoids.

Here is the average return of gold miners when you have selloffs like this.

And the first time big speculators have been net short gold futures since 2002 which preceded a like 1000% runup in gold.

So do you have any favorite gold plays you'd recommend looking into?

 

[Krugminator2]

So do you have any favorite gold plays you'd recommend looking into?

My hold time is pretty short. So I am the wrong person to ask. But since you did ask...

USAS in the low 2s high 1s might be worth a look. https://www.americassilvercorp.com/site/assets/files/4951/2018q2fs.pdf

Trades right at book value. Their primary business was silver but mining silver is unprofitable at these prices. The company figured out how to survive by focusing on lead and zinc production and if silver prices ever recover they will be in position to take advantage. Silver is at 2006 levels right now. Seems at least possible Silver could trade up over the next few years.

This company could be dead money for a year and could easily get cut in half. But could also trade up to 4.5-5 if mining stocks catch fire. It is a real company which distinguishes itself from almost all penny stocks and especially junior miners.. It will probably take a while for things to play out.

 

[devil21]

If you're a bearish sort that plays the markets, I advise checking out SPX puts with end of November expiry (or longer if you can afford the time premium). Avoid November 16 expiry, only after.

 

[devil21]

Looks like it's about that time again kiddies! Bear market rally is out of steam.

 

[oyarde]

Looks like it's about that time again kiddies! Bear market rally is out of steam.

I would say it has really been stagnant on a fairly consistent basis for the past five quarters . It will be interesting to see where it is at in June

 

[devil21]

I would say it has really been stagnant on a fairly consistent basis for the past five quarters . It will be interesting to see where it is at in June

If the S&P closes big into the red tomorrow (Fri), batten down the hatches. It'll be a steady drop until the Fed reverses course and cuts rates again.

 

[Jamesiv1]

If the market crashes, I will claim to have predicted it.

 

[Zippyjuan]

If the S&P closes big into the red tomorrow (Fri), batten down the hatches. It'll be a steady drop until the Fed reverses course and cuts rates again.

So Great Recession Part II starts tomorrow? Is it due to the high unemployment we have or the high inflation rate or collapsing productivity in the factories?

Stocks have been relatively flat for quite a while now but there is no news expected which could cause investors to dump shares.

The next crash is coming in 2009! 2010! 2011! I really mean it this time- 2012!

 

[devil21]

So Great Recession Part II starts tomorrow? Is it due to the high unemployment we have or the high inflation rate or collapsing productivity in the factories?

None of that figured into 2008 either, did it? Nope. All of those are eventual results of sell-offs and recession, not the cause of sell-offs and recession.

Stocks have been relatively flat for quite a while now but there is no news expected which could cause investors to dump shares.

"The news" is bullshit and investors don't control the lion's share of the markets. Automatic trading computers do. "The news" is by-and-large merely cover stories to explain to the sheep why the markets went up/down and to trigger the computers into acting. It's all manipulated and full of lies.

The next crash is coming in 2009! 2010! 2011! I really mean it this time- 2012!

I guess we can count Zippy under the "markets will never crash again" camp, which is funny since one page back he says that markets will crash again eventually. lol



For everyone that's not a banker shill, the signs are all there.........

 

[Zippyjuan]

I guess we can count Zippy under the "markets will never crash again" camp, which is funny since one page back he says that markets will crash again eventually. lol

Eventually they will but the every year claim that "this is the year!" is getting old. Someday it will be right and "see, I told you! I knew it was coming!" and ignore all the times it was wrong.

S&P currently negative on the day (down less than one percent). The crash is starting?

 

[devil21]

LOL look at that ramp into the close. Seems legit....

10 year anniversary of the start of the CB fueled bull market just passed. 666 on 3/6/9

 

[Krugminator2]

Today is one of the single most short term bullish days you will see. 92% chance market closes higher over the next 7 days.

 

[Zippyjuan]

S&P closed off five points. Not even percent- points. Fed going to start QE up again?

If the S&P closes big into the red tomorrow (Fri), batten down the hatches. It'll be a steady drop until the Fed reverses course and cuts rates again.

(on the other hand, you did say BIG into the red- it was not big but barely into the red).

Even with a lower than expected jobs report. Unemployment went down and wages were up. Not sounding like a recession.

U.S. adds meager 20,000 jobs in February to mark smallest increase in 17 months

Unemployment rate drops to 3.8% from 4%, wages grow faster

The numbers: American businesses and other employers created the fewest new jobs in February in 17 months, the latest sign of a broader slowdown in the U.S. economy.

The economy added just 20,000 new jobs last month, the smallest gain since September 2017, the government said Friday.

The number of new nonfarm jobs created last month was well below the 172,000 MarketWatch forecast, but the slowdown was probably exaggerated by heavy snow and other seasonal oddities that are unlikely to persist. The U.S. has been adding more than 200,000 new jobs a month for the past year.

Hiring sputtered in February in construction, retail and shipping and was muted in most other industries.

What happened: The biggest dropoff in hiring in February took place in construction, where employment fell 31,000 after a 53,000 increase in January. The sharp swing in construction employment is likely evidence that government statisticians had trouble with seasonal adjustments.

A similarly large swing took place among hotels and restaurants, whose employment was flat in February after an outsized 89,000 increase in January that was the second largest in the past 20 years.