16 replies to this topic

[andr99]

thanks......

[da_cheif]

I am not so optimistic about US market in 2024 even if it is election year.

I think there are too many structural problems coming together, the perfect storm as they say.

Commercial real estate is the  elephant in room as SemiBizz pointed out.

Then inflation in US is nowhere down close to FED target of 2%. Which means rates will stay high.

US Treasury is paying out more in interest, even more than defense budget next fiscal year.

Federal budget deficit is growing, not shrinking.

Ukraine war shows no signs of ending.

China has real-estate bubble to contend with.

House prices in US are unaffordable to first time buyers.

And then in my opinion, the biggest mastodon in the room, record high credit card debt in US.

Only good thing is unemployment is still low, but it could change suddenly.

since when does that have any to do with the stock market

[andr99]

btw........no matter if I closed all longs and the italian index goes up even more than it has already done with the italian banks following it. I have not got a crystall ball and the market has taught me 

not to be too hungry and take the most of the profit that is possible, leaving the final most critical part to those who like trading dangerously. Every new day there's a new possibility to find a new promising

trade, without risking the farm. 

Edited by andr99, 21 March 2024 - 03:43 PM.

[andr99]

to all the catastrophists around the world........take advantage of the bullish trend when it shows up, because in a bull market you can earn multiples 

of the money you invest given that stocks may rise 200-300% or even more, in a bear market you can just earn a fraction of your money because stocks

can't lose 100% of their value. 

Edited by andr99, 21 March 2024 - 04:44 PM.

[andr99]

I said ''............every new day there's a new possibility to find out a new promising trade, without risking the farm '' because trading is all about two things essentially : being able

to recognize the correct underlying trend and second, being able to correctly manage the risk. Risk management is not less important. That at least is what I have come to learn

in a very long time.........23 damned years. Usually I don't take that long to learn things..............LOL    

[steadyquest]

The market should take a breather - but it probably won't - not in light of the limitless unbudgeted spending that has become the norm for the criminal cartel that has supplanted our government.

[blustar]

 

I am not so optimistic about US market in 2024 even if it is election year.

I think there are too many structural problems coming together, the perfect storm as they say.

Commercial real estate is the  elephant in room as SemiBizz pointed out.

Then inflation in US is nowhere down close to FED target of 2%. Which means rates will stay high.

US Treasury is paying out more in interest, even more than defense budget next fiscal year.

Federal budget deficit is growing, not shrinking.

Ukraine war shows no signs of ending.

China has real-estate bubble to contend with.

House prices in US are unaffordable to first time buyers.

And then in my opinion, the biggest mastodon in the room, record high credit card debt in US.

Only good thing is unemployment is still low, but it could change suddenly.

since when does that have any to do with the stock market

 

wow, really?