SayAlt

No, not the sky. Just the markets. And they've only just begun.

Stick to talking about something you know something about. This ain't it.

GogglesPisano

SayAlt: You seem to be deploying a lot of effort to convince us the sky is, in fact, falling. Why do you care so much? Are you trying to help us avoid the Mad Max end times? If so, thanks. But I would think you'd be happier if lemmings like us followed the stock market to its eventually crash, then we'd be eating dirt, our children would be street urchins, and you'd have cheap labor for your guarded estate.

Why the effort? Buy your gold and freedom pellets, build your bunker, and prepare to eventually rub our noses in it. Don't include us in your therapeutic validation.

Name User

TSLA is a $20 bil market cap company that is losing money hand over fist. The market has valued them at half of GM's $40 bil yet GM doubled their income (not including the $3 bil tax credit they received!) from the previous quarter to $3 bil, and this is after TSLA's big decline of almost 50%.

TSLA's price has no basis in reality which is why you're seeing it deflate. Same goes for a lot of other companies that were recently bid up.

The nice thing is, good companies get caught up in the sell off so you can pick them up for a song then sell when they pop.

fastback

I've only read the last page or so, but I didn't see any political bent to his postings. I apparently missed the "your mom" remarks so maybe I also missed the advice about retreating to gold and guns.

But that need not be the interpretation from what are certainly scary technical charts. You can pretty easily move your 401k to cash whenever the MACD on the SP500 chart dips below the signal line. Move it back out of cash when the opposite signal occurs. You can do this for free on Yahoo Finance [pull up a chart of SPY, use max length available, add MACD with default parameters of 26,12, and 9], and you only have to do this maintenance on your retirement account once a month. You can read all about the MACD indicator for free by searching it.

Nobody here is selling anything. I think the fact that SayAlt can only take anonymous validation should the market correct further shows that this is, indeed, an altruistic message on his part.

IFLYPLANEZBRO

1946 was 70 years ago. Baby boomer are retiring. You can expect the labor participation percentage of the population to continue to go down for the next 5-10 years. The only reason this is worrisome is because social security and Medicare will be on the chopping block because of it.

SayAlt

I believe you are 100% correct why that is worrisome.

But with 94+ million Americans of working age without jobs, and another 50+ million on welfare, demographics (ie. retiring baby-boomers) is NOT why the labor participation rate is the lowest it's been since the Carter administration.


Did you (@ no one in particular) know?? If a person goes 1 year without being able to find a job, the gov't STOPS counting them in the unemployment rate.

The true unemployment rate in America is a much closer to 10%. if it's not already above it. And climbing.


From page 14...


US layoffs surge to 6-month high

Layoffs surged in January to the highest levels since July as employers in the retail and energy sectors pulled out the pink slips, according to a private survey out Thursday.

U.S.-based companies announced 75,114 planned job cuts last month, up more than 200 percent from a 15-year low in December, according to global outplacement firm Challenger, Gray & Christmas. That figure was also 42 percent higher from a year ago.


US layoffs surge to 6-month high



What jobs? BLS says 665,000 job LOSSES

2/05/16 <------See that date right there?

New Bureau of Labor Statistics shows that there were 665,000 jobs lost in January, a blunt finding that confuses the heralded report that 151,000 jobs were created in January in non-farm payrolls.

Analysts note that there are several ways to count jobs created and lost...

What jobs? BLS says 665,000 job LOSSES | Washington Examiner

BoilerUP

Is it really that big a deal that layoffs surged to a 6 month high the month immediately following a *15* year low in layoffs?

BoldPilot

Yeah.....nobody really can predict what the stock market is going to do in the future. So this entire thread really amounted to nothing. Real investors buy and hold not try to time the market!

Twisted mind

SayAlt,

What are you investing in? Are you just holding U.S. Dollars?

boiler07

The $SPX closing price every day this week says otherwise. Almost dead on with the previous corrective low back last fall. Seems to be holding. Come back to us when we hit 1800 and say "I told you so".