MARKETS,Anybody even yet?

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billryan
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Re: MARKETS,Anybody even yet?

Post by billryan »

FAA wrote:
Wed Nov 04, 2020 11:25 am
I seem to have somehow recovered last week’s massive loss this week. What a perpetual casino.
Set it and forget it.

FAA
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Post by FAA »

I jacked up the equities percentage in August, which made me even over the portfolio's twelve month life. Of course, my 2019 profit is still gone with the wind.

FAA
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Post by FAA »

Is this Fat Thursday? I'm almost at January levels after today. Ah, mixed government.

billryan
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Post by billryan »

It appears that both Senate races in Georgia will have runoffs. I wouldn't count out a newly emboldened
Democratic party from taking both of those seats, which would give them how many? I think the VP can make or break a tie, although I'm not sure about the breaking part. They had 47, lost one in Alabama, gained one in both Arizona and Colorado so they should have 48 with the two seats from Georgia being decided in a runoff. There is a chance one Georgia seat will be won outright so no runoff but its 50-50 at best.

FAA
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Post by FAA »

Yes, that alone is astounding.

Bobbi
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Post by Bobbi »

"Unbelievable" - All of it is unbelievable...

FAA
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Post by FAA »

Markets spike on Pfizer news, although my tech positions dented my overall banner day.

billryan
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Post by billryan »

FAA wrote:
Mon Nov 09, 2020 1:45 pm
Markets spike on Pfizer news, although my tech positions dented my overall banner day.
First market day since trump lost. I'm sure that had nothing to do with it.

pokerpokerpoker
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Post by pokerpokerpoker »

pokerpokerpoker wrote:
Mon Jul 13, 2020 10:00 am
Although I don't track it too closely, I noticed today that my 401k was at the highest $ I'd ever seen it. I never touched it during the pandemic.

But now with all the uncertainty of the: pandemic, riots, and the upcoming election; I can't imagine why the market is roaring. Twice today I had moved all my 401K stocks into cash, but chickened out before hitting the "do it" key. Time is on my side (44 YO), but Damn, locking it in/up seems lime the smart move.
I never did touch it. I am up a nice new car from this post till now.

olds442jetaway
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Post by olds442jetaway »

That’s great. I don’t think the election had much to do with the market performance. Today of course was the possible vaccine news. Other industries have done and adapted surprisingly well to this Covid crisis. I would be careful at this point, but that’s just me being conservative. State and local governments may be going broke soon and face choices like massive increases in taxes without tons of Help from the Feds. We can’t just keep printing money that spends forever. I am not looking forward to needing a wheelbarrow full of paper currency to buy a loaf of bread. Of course it would nowdays be a virtual wheelbarrow.

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