Royal Bank of Scotland: "sell everything"
01-15-2016, 11:20 AM
#72
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Joined APC: Mar 2014
Posts: 3,223
If you buy mutual funds or ETF's guess what, you're buying stocks.
01-15-2016, 11:44 AM
#73
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Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
01-15-2016, 11:47 AM
#74
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Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
01-15-2016, 01:13 PM
#75
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Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
By all means, stay fully invested and "get torched". It's not my money, it's your's.
Market crash robs $2.3 trillion from investors
Friday Jan. 15, 2016
The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year.
The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which, when translated into dollars, is real money. Real big money. The S&P 500 is down 8% this year already — including another 2.2% Friday — in what's been one of the worst starts to a year ever. Since the market peak on May 21, 2015, the market has declined 11.7%.
Market crash robs $2.3 trillion from investors
Friday Jan. 15, 2016
The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year.
The giant companies that predominantly populate the Standard & Poor's 500 have fallen an average of 8.9% this year — which, when translated into dollars, is real money. Real big money. The S&P 500 is down 8% this year already — including another 2.2% Friday — in what's been one of the worst starts to a year ever. Since the market peak on May 21, 2015, the market has declined 11.7%.
Market crash robs $2.3 trillion from investors
01-15-2016, 01:47 PM
#77
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Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
Boiler-
No, today wasn't anything close to market capitulation.
That said, while major technical damage has been done to the indices, they are very oversold now, so expect to see a counter-rally before more selling sets in. Some important numbers coming out next week (CPI, Housing starts, Jobless claims) and the market will be closed on Monday (MLK day), but unless there are some major surprises I think the selling is about over in the short term. Not in the long-term. Enormous and historically unprecendented downside risks are present, and will be present for quite some time going forward.
Here is the economic calendar...
Economic Calendar - Bloomberg
As for oil...purely from fundamental and technical analysis standpoints, no way to reasonably expect it to go back to $50 this year. Look at the horrible Q4 retail sales figures posted today. Consumers are saving money, not spending. This is economic contraction, which added to the over-supply of oil means that demand cannot be reasonably expected to increase as much as needed to absorb the over-supply and move the needle higher. Additionally, Iran is getting ready to flood the market with oil it has been under sanction from selling, but Obama's Iran Deal removes these restrictions. That will simply add to the over-supply during a time of weakening demand and put further pressure on oil prices. There are many major investment firms now forecasting $20/barrel prices this year, so I am curious to know what "analyst consensus" predicting $50 oil this year you are talking about. ??
That said, if....say....Iran and Saudi get into a shooting war (see: the recent escalated tensions between them since Saudi executed that Iranian cleric a week or so back), all fundamental and technical analysis is moot. Oil will skyrocket.
No, today wasn't anything close to market capitulation.
That said, while major technical damage has been done to the indices, they are very oversold now, so expect to see a counter-rally before more selling sets in. Some important numbers coming out next week (CPI, Housing starts, Jobless claims) and the market will be closed on Monday (MLK day), but unless there are some major surprises I think the selling is about over in the short term. Not in the long-term. Enormous and historically unprecendented downside risks are present, and will be present for quite some time going forward.
Here is the economic calendar...
Economic Calendar - Bloomberg
As for oil...purely from fundamental and technical analysis standpoints, no way to reasonably expect it to go back to $50 this year. Look at the horrible Q4 retail sales figures posted today. Consumers are saving money, not spending. This is economic contraction, which added to the over-supply of oil means that demand cannot be reasonably expected to increase as much as needed to absorb the over-supply and move the needle higher. Additionally, Iran is getting ready to flood the market with oil it has been under sanction from selling, but Obama's Iran Deal removes these restrictions. That will simply add to the over-supply during a time of weakening demand and put further pressure on oil prices. There are many major investment firms now forecasting $20/barrel prices this year, so I am curious to know what "analyst consensus" predicting $50 oil this year you are talking about. ??
That said, if....say....Iran and Saudi get into a shooting war (see: the recent escalated tensions between them since Saudi executed that Iranian cleric a week or so back), all fundamental and technical analysis is moot. Oil will skyrocket.
Last edited by SayAlt; 01-15-2016 at 02:03 PM.
01-15-2016, 02:01 PM
#78
Gets Weekends Off
Joined APC: Sep 2007
Posts: 351
Boiler-
No, today wasn't anything close to market capitulation.
That said, while major technical damage has been done to the indices, they are very oversold now, so expect to see a counter-rally before more selling sets in. Some important numbers coming out next week (CPI, Housing starts, Jobless claims) and the market will be closed on Monday (MLK day), but unless there are some major surprises I think the selling is about over in the short term. Not in the long-term. Here is the economic calendar...
Economic Calendar - Bloomberg
As for oil...purely from fundamental and technical analysis standpoints, no way to reasonably expect it to go back to $50 this year. Look at the horrible Q4 retail sales figures posted today. Consumers are saving money, not spending. This is economic contraction, which added to the over-supply of oil means that demand cannot be reasonably expected to increase as much as needed to absorb the over-supply and move the needle higher. Additionally, Iran is getting ready to flood the market with oil it has been under sanction from selling, but Obama's Iran Deal removes these restrictions. That will simply add to the over-supply during a time of weakening demand and put further pressure on oil prices. There are many major investment firms now forecasting $20/barrel prices this year, so I am curious to know what "analyst consensus" predicting $50 oil this year you are talking about. ??
That said, if....say....Iran and Saudi get into a shooting war (see: the recent escalated tensions between them since Saudi executed that Iranian cleric a week or so back), all fundamental and technical analysis is moot. Oil will skyrocket.
No, today wasn't anything close to market capitulation.
That said, while major technical damage has been done to the indices, they are very oversold now, so expect to see a counter-rally before more selling sets in. Some important numbers coming out next week (CPI, Housing starts, Jobless claims) and the market will be closed on Monday (MLK day), but unless there are some major surprises I think the selling is about over in the short term. Not in the long-term. Here is the economic calendar...
Economic Calendar - Bloomberg
As for oil...purely from fundamental and technical analysis standpoints, no way to reasonably expect it to go back to $50 this year. Look at the horrible Q4 retail sales figures posted today. Consumers are saving money, not spending. This is economic contraction, which added to the over-supply of oil means that demand cannot be reasonably expected to increase as much as needed to absorb the over-supply and move the needle higher. Additionally, Iran is getting ready to flood the market with oil it has been under sanction from selling, but Obama's Iran Deal removes these restrictions. That will simply add to the over-supply during a time of weakening demand and put further pressure on oil prices. There are many major investment firms now forecasting $20/barrel prices this year, so I am curious to know what "analyst consensus" predicting $50 oil this year you are talking about. ??
That said, if....say....Iran and Saudi get into a shooting war (see: the recent escalated tensions between them since Saudi executed that Iranian cleric a week or so back), all fundamental and technical analysis is moot. Oil will skyrocket.
01-15-2016, 02:07 PM
#79
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Joined APC: Oct 2014
Position: Downward-Facing Dog Pose
Posts: 1,537
A better question is....are people going to be filling seats traveling by air on vacation this summer?
Walmart is closing hundreds of stores and laying off thousands of employees
https://www.yahoo.com/style/walmart-...140952700.html
https://www.yahoo.com/style/walmart-...140952700.html
01-15-2016, 02:26 PM
#80
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Joined APC: Nov 2008
Position: I can fly.....I'm a pilot
Posts: 442
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