Has the Bull Market lost it's luster

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6 months 1 week ago #121904 by alexgreat
alexgreat replied the topic: Has the Bull Market lost it's luster
Great interview here with Jim Rogers, back in November he US bull run was done

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6 months 2 weeks ago #121776 by DearJohn
DearJohn replied the topic: Has the Bull Market lost it's luster
Looks like a relief rally finally underway. Check chart of the day, another good signal on temporary bottom with record put/call ratio.

I bought a couple of the gold call options also, looking good

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6 months 3 weeks ago #121771 by alexgreat
alexgreat replied the topic: Has the Bull Market lost it's luster
Ron, S&P down 10 days in a row, many technicals over sold, RSI, MACD. If markets stays where it is, we could get a doji candlestick. Maybe a reversal after XMAS??

Oh and I bought one of the Gold calls, up about 100%

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6 months 3 weeks ago #121770 by lynnsa10
lynnsa10 replied the topic: Has the Bull Market lost it's luster
According to what I read on Seeking Alpha news

Treasury Secretary Steven Mnuchin held calls on Sunday with the heads of the six largest U.S. banks in order to ensure liquidity and made plans to convene the "Plunge Protection Team." The group, which also met in 2009 during the latter stage of the financial crisis, includes officials from the Fed and SEC.

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6 months 3 weeks ago #121769 by Hoss
Hoss replied the topic: Has the Bull Market lost it's luster
Don't like to add more bad news, but the average bear marker declines -41% after the first 20% is loss. That would take the S&P down to about 1400

Ron I bought a couple of the Gold call options, doing very well

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6 months 3 weeks ago #121768 by RonS
RonS replied the topic: Has the Bull Market lost it's luster
Merry ho ho, I guess Wall street is on Santa's naughty list.

Really no support for S&P until under 2200, basically unwinding the Trump rally

At least doing well with gold stocks, and killing it with the Call options. Hope some of you bought these

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6 months 3 weeks ago #121767 by Gambler
Gambler replied the topic: Has the Bull Market lost it's luster
S&P close behind, down -19.4% as of today

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6 months 3 weeks ago #121766 by GoldnBoy
GoldnBoy replied the topic: Has the Bull Market lost it's luster
Hedge funds are already folding and a bear market has not yet got started, except on Nasdaq

www.reuters.com/article/us-hedgefunds-la...uters+Wealth+News%29

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6 months 3 weeks ago #121761 by WealthyPlumber
WealthyPlumber replied the topic: Has the Bull Market lost it's luster
Gambler, right on, I moved 50% of my rrsp to cash 7 or 8 weeks ago, Should have moved it all, but Struther's urging at least got me part out

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6 months 3 weeks ago #121758 by Gambler
Gambler replied the topic: Has the Bull Market lost it's luster
Thanks to Ron, I pulled a lot of $$ out of mutual funds in October. Even as a gambler, you have to sit out some hands

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6 months 3 weeks ago #121756 by alexgreat
alexgreat replied the topic: Has the Bull Market lost it's luster
Markets always fall faster than they rise.

It’s been a “slow motion train wreck,” said Michael Pachter, an analyst at Wedbush Securities.

The steep slide in the stock market will likely break apart the popularity of investing in the stocks as a single trade, he said. “Facebook has almost daily scandals and Netflix has the impending loss of Disney/Fox content, but the others have really done nothing wrong at all,” he said.

www.reuters.com/article/us-usa-stocks-fa...uters+Wealth+News%29

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6 months 3 weeks ago #121755 by RonS
RonS replied the topic: Has the Bull Market lost it's luster
Today, the Nasdaq officially hit bear status down over -21%
The following user(s) said Thank You: WealthyPlumber

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