2018 Stock Prediction

cycloneG

Well-Known Member
Mar 7, 2007
15,959
16,581
113
Off the grid
Man, another big gaining day. It almost doesn't matter what your're invested in. Just put your money in and watch it grow!
 
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LincolnWay187

Guest
Does anyone else feel like we are in 2000 or 2008? Home prices going way up, tech stocks killing, stock market never goes down...I am pretty tempted to sit on the sideline and jump in when this thing explodes. I made some decent money doing that in 2008. As soon as we start getting some bad news there's going to b some panic selling
 

dmclone

Well-Known Member
Oct 20, 2006
21,575
5,917
113
50131
Does anyone else feel like we are in 2000 or 2008? Home prices going way up, tech stocks killing, stock market never goes down...I am pretty tempted to sit on the sideline and jump in when this thing explodes. I made some decent money doing that in 2008. As soon as we start getting some bad news there's going to b some panic selling

There are a lot of people who have said this for the last 4 or so years. I've never been able to time it.
 

Gunnerclone

Well-Known Member
Jul 16, 2010
75,600
79,866
113
DSM
Does anyone else feel like we are in 2000 or 2008? Home prices going way up, tech stocks killing, stock market never goes down...I am pretty tempted to sit on the sideline and jump in when this thing explodes. I made some decent money doing that in 2008. As soon as we start getting some bad news there's going to b some panic selling

Not really. The “tech stocks” in the late 90’s were just website names, they weren’t tech stocks they were internet stocks. Tech stocks are Apple, Amazon, Netflix, Google that either produce physical goods and/or own a ton of content that replaced the previously established worldwide norm.

Home prices are high but are they inflated by a sub prime lending scandal or a construction industry overreach?

The only thing that feels the same is record stock prices. The hammer this time is geopolitical or domestic politics. So if you think there is going to be a major terror attack in the US coming up or if you think Trump is going to go down in a ball of flames then it’s probably best to stay out.
 
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LincolnWay187

Guest
Not really. The “tech stocks” in the late 90’s were just website names, they weren’t tech stocks they were internet stocks. Tech stocks are Apple, Amazon, Netflix, Google that either produce physical goods and/or own a ton of content that replaced the previously established worldwide norm.

Home prices are high but are they inflated by a sub prime lending scandal or a construction industry overreach?

The only thing that feels the same is record stock prices. The hammer this time is geopolitical or domestic politics. So if you think there is going to be a major terror attack in the US coming up or if you think Trump is going to go down in a ball of flames then it’s probably best to stay out.
I mean...banks are being riskier with their lending again and doing bridge loans, companies are just saying they do block chain/crypto...there are a lot of parallels. Look at a chart for the s and p over it's history, it seems inevitable to me a big drop is coming
 

Gunnerclone

Well-Known Member
Jul 16, 2010
75,600
79,866
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DSM
I mean...banks are being riskier with their lending again and doing bridge loans, companies are just saying they do block chain/crypto...there are a lot of parallels. Look at a chart for the s and p over it's history, it seems inevitable to me a big drop is coming

That’s not exactly a Nostradamus level prediction. People actually learned a lot from the financial crisis. Nothing lasts forever but I don’t see anything derailing this stock rally with the handout this government just gave to corporations and business unless it’s a mitigating factor as I alluded to in my previous post like a major terror attack, NK acting up in a much more menacing way, revolution in Russia, something like that.
 
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LincolnWay187

Guest
That’s not exactly a Nostradamus level prediction. People actually learned a lot from the financial crisis. Nothing lasts forever but I don’t see anything derailing this stock rally with the handout this government just gave to corporations and business unless it’s a mitigating factor as I alluded to in my previous post like a major terror attack, NK acting up in a much more menacing way, revolution in Russia, something like that.
That's a really good point regarding the tax rate, if we see wage growth and more spending this thing could keep chugging for a while and I hope it does..if nothing else my 401k will make a killing.
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
Man, another big gaining day. It almost doesn't matter what your're invested in. Just put your money in and watch it grow!

Ya it does. The DOW is getting so far ahead of everything else that its kinda scary. But there are a whole lot of stocks not going up at all. I own way too many of them.

It's really just the biggest ones right now just getting bigger by the day.
 
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LincolnWay187

Guest
I was thinking about buying live Nation entertainment. Apparently they own both Ticketmaster and like over 50 percent of all us concert venues per a Reddit thread I was on yesterday. Total monopoly. Give me all of those convenience fees hahaha
 

nocsious3

Well-Known Member
Aug 23, 2013
882
768
93
I think a decent uptick in inflation will finally show up this year. Recent public announcements about wage increases point to that. Walmart made an announcement today on bumping their minimum wage to $11/hr. It will look like you are getting a raise this year, but the money won't go as far. Healthcare costs will eat a big chunk of your paycheck.

All that QE money is finally working it's way into the economy. The banks were just holding that powder and in my opinion the real stimulus from that is finally showing up combined with the business tax cut. There was a huge transfer of debt to the government and can the Fed unwind that debt quietly? Nobody knows really. I expect a 10-15% correction soon, probably before the end of February. That might be the last chance to get in before the last leg of this multi-year rally.
 

twojman

Well-Known Member
Jun 1, 2006
7,755
3,927
113
Clive
I checked out my 401k balance the other day...wow, quite a jump from just a little over a month ago!

Bank are not being real risky at this point. There is a lot of room for them to move down the credit score ladder on most products (not auto loans) When you hear credit card defaults are up 20%, don't be nervous. They are coming off historical lows and are still considered very low.

I would expect builders to start building smaller size houses in the near future because of the tax law. Margins on low on the smaller houses so with more margin to work with they may increase revenues with a bit more volume. This should help home prices some, they will still increase because I feel there are a lot of younger people that will buy.

This will increase employment. If there is an infrastructure plan coming expect the fruits of that to come 24-30 months AFTER it is passed. Could be 2022 before a recession. (Unless something political causes it)
 

DeereClone

Well-Known Member
Nov 16, 2009
8,281
9,648
113
Anyone have thoughts on GE right now? I bought some at $18 and am wondering if I should add more now down at $16 or just stay away from it?