To all of my investor friends and followers, I think we are going to have a great 5-6 weeks in this stock market. My advice, take profits where you can. I think we are going to get another correction in mid to late December.
Yield curve is flattest it has been almost a year
Fed tapering raises short term rates
Inflation is kicking into overdrive
Lack of labor is killing the supply chain
Fed is looking to raise rates in June
None of that is good. The labor shortage is driving a lot of this. The only way to fix this is to either get people off their ass and free up the clogged supply chain, i.e., increase supply or stop the demand. [Reply]
Originally Posted by petegz28:
Is recession on the horizon?
Yield curve is flattest it has been almost a year
Fed tapering raises short term rates
Inflation is kicking into overdrive
Lack of labor is killing the supply chain
Fed is looking to raise rates in June
None of that is good. The labor shortage is driving a lot of this. The only way to fix this is to either get people off their ass and free up the clogged supply chain, i.e., increase supply or stop the demand.
GDP projections for last quarter have been falling for a while. Yet, corp earnings the last few weeks seem to be doing well.
The shutdowns in Asia due to covid & energy in China aren't helping. [Reply]
To all of my investor friends and followers, I think we are going to have a great 5-6 weeks in this stock market. My advice, take profits where you can. I think we are going to get another correction in mid to late December.
Originally Posted by petegz28:
Is recession on the horizon?
Yield curve is flattest it has been almost a year
Fed tapering raises short term rates
Inflation is kicking into overdrive
Lack of labor is killing the supply chain
Fed is looking to raise rates in June
None of that is good. The labor shortage is driving a lot of this. The only way to fix this is to either get people off their ass and free up the clogged supply chain, i.e., increase supply or stop the demand.
Say you take profits, or set some stops that trigger, what do the CP experts recommend doing with that capital? Just sit on it, or are there safer investments during a downturn? [Reply]
Originally Posted by Shag:
Say you take profits, or set some stops that trigger, what do the CP experts recommend doing with that capital? Just sit on it, or are there safer investments during a downturn?
I've read that markets are doing well due to TINA. "There is no alternative." [Reply]
Originally Posted by Shag:
Say you take profits, or set some stops that trigger, what do the CP experts recommend doing with that capital? Just sit on it, or are there safer investments during a downturn?
You could set limit buys at x% less than your sell/stop price in cases you think those plays will rebound and get back in close to the corrected price. [Reply]
Originally Posted by Rain Man:
I've read that markets are doing well due to TINA. "There is no alternative."
There is that for sure. And that has been the case for the last decade +. If the Fed starts to raise rates though then that will change considerably as the "savers" will start dumping for safer returns. [Reply]
Originally Posted by Shag:
Say you take profits, or set some stops that trigger, what do the CP experts recommend doing with that capital? Just sit on it, or are there safer investments during a downturn?
This all depends on your goals and timeframe. If you are needing your money in the next 5 years I would say take a little off the table as the market keeps going up.
If you are not needing your money for another 10 years or so then dollar cost average into the markets and don't worry about it.
In a long term investment plan, recessions are golden buying opportunities.
But if you're kinda stuck in between then maybe take some profits from any aggressive and growth investments and move them into more dividend paying, blue chip type funds. [Reply]
Originally Posted by petegz28:
This all depends on your goals and timeframe. If you are needing your money in the next 5 years I would say take a little off the table as the market keeps going up.
If you are not needing your money for another 10 years or so then dollar cost average into the markets and don't worry about it.
In a long term investment plan, recessions are golden buying opportunities.
But if you're kinda stuck in between then maybe take some profits from any aggressive and growth investments and move them into more dividend paying, blue chip type funds.
Originally Posted by KCUnited:
You could set limit buys at x% less than your sell/stop price in cases you think those plays will rebound and get back in close to the corrected price.
In all seriousness I did establish a position in UWMC based on one of your posts and very much look forward to your contributions here. Same with Pete.
Somewhat off topic, but I had UWMC as my last mortgage holder and didn't realize how much I appreciated them until after I refinanced. They had a user friendly site and I never heard from them outside of my monthly statements.
NewRez holds my mortgage now and they started spamming me with refi offers a month after my refi. I use my serious email account for all personal business type stuff and I've managed to keep it clean for a decade before my own mortgage company emails started getting flagged as spam. Smh [Reply]
