MickinMD ★ Posted May 21, 2018 Share #1 Posted May 21, 2018 The S&P 500 futures are up over 1/2% and the Dow futures nearly 1%, apparently because the American-Chinese tariff/trade talks are in a "truce" - which, of course, means nothing but "Mr. Market" is seldom logical over the short-term. Of course, if the market starts out strong today, some other useless piece of information may turn the market negative by noon! The market is so easily stampeded up or down this year that I wonder if it's being manipulated, like Merrill Lynch did and G W Bush fined it $185,000,000. Link to comment Share on other sites More sharing options...
Wilbur ★ Posted May 21, 2018 Share #2 Posted May 21, 2018 I only invest in Pharma and resource companies and only in the ones I know the management of. On the whole, I hate the markets, primarily because of share price engineering. Link to comment Share on other sites More sharing options...
BuffJim Posted May 21, 2018 Share #3 Posted May 21, 2018 Up 286 shortly after opening bell. Link to comment Share on other sites More sharing options...
bikeman564™ Posted May 21, 2018 Share #4 Posted May 21, 2018 maybe I can take retire a couple days early Link to comment Share on other sites More sharing options...
Dirtyhip Posted May 21, 2018 Share #5 Posted May 21, 2018 Up today, and maybe down tomorrow. I just keep buying. Buying more bonds and CDs lately. Trying to balance things out more. Link to comment Share on other sites More sharing options...
Kirby Posted May 21, 2018 Share #6 Posted May 21, 2018 Glad for the up day which can offset some of the down days recently. But I also try not to get caught up in short term moves. Like DH, I try to make sure my asset allocation is where I want it, and then cross my fingers. Link to comment Share on other sites More sharing options...
shootingstar Posted May 22, 2018 Share #7 Posted May 22, 2018 There's a certain amount of manipulation going on. 1 Link to comment Share on other sites More sharing options...
12string Posted May 22, 2018 Share #8 Posted May 22, 2018 I don't think it's being manipulated so much as responding to constantly changing winds. It seems every hour there's a new surprise either up or down. The new era of alternate realities is affecting the market. Individual traders respond emotionally, investors take advantage of that. Link to comment Share on other sites More sharing options...
Dottleshead ★ Posted May 22, 2018 Share #9 Posted May 22, 2018 So this is what I don't get. If you want to buy invest in stock, unless it's something as large as perhaps china/American trade wars, do people really say to themselves -- well I better not buy this because Sudan just invaded Bangladesh? Do they just wait for small news days when the buy? And conversely do you sell your stock when you find out, for example, that Wilbur crashed his plane into the CN tower? I can only suspect there must be lot of ephemeral day traders. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now