Anybody Buying Yet? Where’s the Bottom?

[NDGuy]

Who's buying? I did today. Probably look like a fool for the next month or two but I think I'll be happy a year out. Sentiment is stretched very negative right now. Doesn't mean anything in the short term but longer term I believe it does.

It was a good spot to add IMO had decent support for the S&P.

But for now I am treating this as a downtrend, will still have pops

 

[Rie Bread]

Who's buying? I did today. Probably look like a fool for the next month or two but I think I'll be happy a year out. Sentiment is stretched very negative right now. Doesn't mean anything in the short term but longer term I believe it does.

I’m eyeing adding to DOW been a real dog but seems like a good entry?

United health as well

How have the defense stocks been doing ?

 

[noharleyyet]

In the words of the the great Gordon Lightfoot...
Sometimes I think it's a sin
When I feel like I'm winning, when I'm losing again

Gordon was musing the intricate sustainability of a completely inexplicable commodity...

 

[NDGuy]

How have the defense stocks been doing ?

Wouldn't touch if rumors of the US dropping out of NATO are true.

Buh bye BA and LMT

 

[TOGIE]

Wouldn't touch if rumors of the US dropping out of NATO are true.

Buh bye BA and LMT

There ain’t a democrat in Congress in all the parallel universes that would vote to exit nato. It won’t happen. But the future is quite uncertain, if not obviously.

 

[Rie Bread]

Wouldn't touch if rumors of the US dropping out of NATO are true.

Buh bye BA and LMT

Lmt seems good to me, but like you say maybe not try a crystal ball it.

But you couldn’t pay me to own BA

 

[jryoung]

Been on a good run since the invasion with a big bump after the election

 

[MTGomer]

Bought more stock today. Will buy more at the beginning of next month and more the beginning of the following. Repeat until forever.

 

[SAJ-99]

SPY YTD -0.5%
China FXI +20.9%
Mexico EWW +9.0%
Europe and FE, EFA +11.7
Canada +1.0%

Is International Diversification back?

 

[Treeshark]

Oof.

 

[Bonasababy]

https://finance.yahoo.com/news/heres-the-whopping-amount-of-stock-palantir-ceo-alex-karp-has-dumped-142212250.html

 

[stealthy_bowman]

I’m a perma bull, just look at my history since the start of this thread. That said, for the first time in my life, I am truly scared for our economy. There, I said it.
That out of the way, I haven’t touched any of my investments and won’t. Nevertheless, I think this Trump induced market meltdown has much more room to slide and may trigger a recession of epic proportions, especially if we get to the dreaded stagflation scenario which can take years to recover from.
I’m holding out before putting any new money to work. 10% more downside and I may start to put some new money to work depending on how this shit show is evolving.
It’s looking like Trump is doing a TERRIFIC job…at obliterating what was otherwise a great economy.
Should be MAPA, you can figure out what the P stands for.

 

[Irrelevant]

I'm thinking about dropping my market contributions for a while and switching to real estate. I feel like I have more control over the outcome.

 

[LopeHunter]

Bought more stock today. Will buy more at the beginning of next month and more the beginning of the following. Repeat until forever.

I was same when working. Always maxed out workplace plan options. Am retired now so in the drawdown phase, in theory. Worth more now than day retired last spring. Heavy in cash starting as January ended when “tariffs” became focus word of the week. 6% gain over the past 5 weeks by being in 4.2% money market. Will take a while for the growing inflation to work its way out of impacting corporate bottom lines, constricting household budgets and the volatility of the stock market. P/E ratios hate inflation and recession. We may see both. No crystal ball. Timing market pullbacks is rarely a winning strategy. We will see. I may be cash into autumn.

 

[Bonasababy]

 

[Beignet]

I’m a perma bull, just look at my history since the start of this thread. That said, for the first time in my life, I am truly scared for our economy. There, I said it.
That out of the way, I haven’t touched any of my investments and won’t. Nevertheless, I think this Trump induced market meltdown has much more room to slide and may trigger a recession of epic proportions, especially if we get to the dreaded stagflation scenario which can take years to recover from.
I’m holding out before putting any new money to work. 10% more downside and I may start to put some new money to work depending on how this shit show is evolving.
It’s looking like Trump is doing a TERRIFIC job…at obliterating what was otherwise a great economy.
Should be MAPA, you can figure out what the P stands for.

I wish I were sitting on a big old pile of cash so I could buy up if/when there's truly (figurative) blood in the streets (or literally, anything goes now!). Indicators all seem to be blinking toward stagflation.

 

[Schaaf]

 

[TOGIE]

pretty unbelievable times.

not a part of the history books i was hoping to be alive for. i'll try and retain some optimism though.

 

[Bonasababy]

pretty unbelievable times.

not a part of the history books i was hoping to be alive for. i'll try and retain some optimism though.

Thankfully the market often results in policy changes and on the other hand policy doesn't drive it as much as the doomsayers (me included) think. We can hope at least!

 

[SAJ-99]

I’m a perma bull, just look at my history since the start of this thread. That said, for the first time in my life, I am truly scared for our economy. There, I said it.
That out of the way, I haven’t touched any of my investments and won’t. Nevertheless, I think this Trump induced market meltdown has much more room to slide and may trigger a recession of epic proportions, especially if we get to the dreaded stagflation scenario which can take years to recover from.
I’m holding out before putting any new money to work. 10% more downside and I may start to put some new money to work depending on how this shit show is evolving.
It’s looking like Trump is doing a TERRIFIC job…at obliterating what was otherwise a great economy.
Should be MAPA, you can figure out what the P stands for.

He is doing a great of job of getting China to stimulate domestic consumption, Germany to start investing in manufacture of weapons, and everyone else to question the reliability of using the dollar as a reserve currency. On the positive side, it appears Elon has shared his Ketamine and other drugs with the rest of the administration as they are imagining everything is going perfectly fine.