I'm just curious, but why the Dorsey Wright Focus 5 ETF (Ticker FV)? I only ask because I have seen it mentioned as having a noticeable increase in terms of inflows/share creations lately (which was kind of surprising to me).
Can anyone explain Greek Recapitalization to me in terms of how my Greek stocks will be devalued or split?
This market is collapsing again today. Good chance this is just the beginning of a nasty bear market.
Tomorrow is a pretty important day near term for the market. The DJIA has been vascillating between 16k and 16.6k for a month or so, and there hasn't been a real dip below that level for several years outside of a day or two in August. If we have another down day tomorrow, we're in uncharted territory in terms of recent technical levels.
There will be blood if the October lows are breached... You really think we are about to enter some 2000 or 2007 style epic bear market? I think that's pretty doubtful, though that is not to say I do not think equities could take it on the chin (to the point we get to the media's definition of a bear market, or 20% off highs). For long term investors, I think freaking out about anything above the prior long time highs on the SPX (from 2000 and 2007) is a bit premature. Hopefully people here/ITT know how to or have someone managing risk for you and you have already set some cash aside for when things settle down. If not, don't panic - chances are you're young and time (and the fact that in the long term markets go up) is on your side.
Its just a guess but I think we have a lot more to go on the downside. Probably wont be as bad as 2008 but I wouldn't be shocked if the Dow dropped to 14000 or below.
1. I guess 14,000 makes some sense (that is more or less equal to the highs in 2007). That'd also be around a 23% drop off the highs. Media would call it a bear market, but I think that'd actually be pretty healthy for the market LT (so long as that 14k level held). 2. This isn't meant as a slight or anything, more so just curious, but why look at the Dow as your main measure of the market? It just doesn't make a lot of sense to me as it more or less seems outdated.
This market is incapable of even having an up day right now. The nasdaq in particular continues to get hammered day after day.
The sooner we see a full capitulation, the better for the future. It looked like we might have one a few weeks ago before bulls stepped in and there was a mini-rally.
China reported its highest levels of consumer sentiment since May of 2014 yesterday; we can debate the honesty of the numbers, but it matches similar data here in the US and does a lot to dissolve the vague "China fears" that have helped unbalance the markets for a few months.
He avoided any critiques of the current Fed/rate decisions. More or less commented on the international issues and increased volatility which may be giving them pause. He said the Fed rarely has info the market doesn't already know (exceptions would be from phone calls with other Central Bankers, leaders, etc). The most interesting part was just talking economic meltdown, TARP, etc.
How has trading been for you? Been very illiquid and tough for us for a couple weeks. Economy is very soft and I think the volatility is here to stay for a while.
Things have been slow for me and will most likely be that way until earnings season starts in a couple of weeks.
I've been so tuned out the last few months all I see are the numbers, no context at all. Though 17k on the dow surprises me, feels like a big number considering the last couple months ...
I have gotten a bit of a late start to investing and need help/advice on opening up a Roth IRA. I am 28 and my company just started offering a 401K back in July with 50% match up to 4%. I am currently putting in the 4% in a balanced Vanguard target retirement investment option with moderate risk. I would like to open a Roth IRA and contribute ~3000-4000 per year but I have no clue which mutual funds or stocks to invest to balance against my 401K. I also have no clue which account provider to use? I was thinking of opening one up through Fidelity based on the some internet research. Thoughts?
What's the target date on the fund? Should be something like 2045 or later (you're 28, so 30 more work years at least). That should skew you heavily towards stocks, which is more aggressive than moderate at this stage ...
2050. Portfolio Analysis Composition as of 05-31-15 % Assets U.S. Stocks 57.4 Non-U.S. Stocks 30.2 Bonds 9.5 Cash 0.9 Other 1.9
It's is interesting how those target funds are putting 30-40% in intl stocks these days. feel like the # was 10% a while back ...
I like them. Its not a "cool" investment but I feel like they are pretty solid for a lot of people particularly if they don't want to pay a lot of attention to their investments.
I'm 27. My 401(k) is in 50% domestic large cap, 25% domestic mid cap, 25% a target fund. Worth rebalancing with anything else? I basically just went with stock funds with the lowest fees.
28 years old, invest 6% of every paycheck into my company's 401k. No match unfortunately, only profit sharing. I know nothing about investing, am now taking the initiative to learn some things. Just purchased "A Random Walk Down Wall Street." Any other great books for beginners, or just start with that one?
What Works on Wall Street, by James O’Shaughnessy One up on Wall Street by Peter Lynch. The intelligent investor by Benjamin Graham - this is not a beginner. Its long and a hard read but I think its a good investing book. Edit: A random walk down wall street is my favorite of those.
funny how tmb has aged. Now I would rather read the investing thread than look at the threads than the random 18 year olds I've never heard of.
Actually just read a paper from Vanguard on why they've increased intl in their target funds. Basically, the market cap used to be so skewed towards US that owning 10% was pretty representative of the "total world market," but now it's almost 50/50 (us/non-us). That plus the costs of transacting intl stocks reducing over the years = a bigger allocation towards intl ...
I'm betting there's a lot of overlap there, so might be worthwhile to ditch the target for an intl fund or move everything in to the target. IMO it doesn't make sense to hold target funds with other indexed holdings
The Five Rules for Successful Stock Investing is a good one too. The Intelligent Investor is my favorite. Both target Value Investors.
NFLX is after the close today I believe. Last earnings we both made some money on options. Do you have an opinion this time?
I would lean towards calls if I had to make a choice but the premiums are just too high so I am staying away.
The weekly 115 calls are trading around 4.75 so you would need NFLX to trade to 120 or so just to break even. With this stock it could easily trade to 125 or 90 if they beat or miss by a ton but I don't think the risk is worth the reward.