2021 Stock Market
- Thread starter mtowncyclone13
- Start date
I tell my friends this all the time. Humans like "nice" numbers. Look at market "support" lines. It's almost never some completely random number based on valuations. It's often some nice pretty number that is a factor of 10. I try to avoid trades at those "pretty" numbers. If your selling on the down side, go up a couple bucks. If you're selling on the climb, go under a couple. If you look closely at some of these more volatile trades you'll often be able to pick out some volume spikes at those pretty numbers when peoples limit orders are triggered.
And I REALLY appreciate the update!
You don’t print and hand out that much money and not expect inflation to hit. Or shouldn’t.
The 1.9 is what is moving the market now. Powell talked about inflation today and needing to raise rates. (That is what increasing the money supply does). That in turn moved the market down. Sooner or later the Fed will have to do something with interest rates and that is what has the market concern. We are above numbers from a year ago but still have high unemployment. If interest rates start going up, we could have a slight 70s look to our economy.
Wait until 1st quarter bond fund statements go out and those people who felt "safe" from stock market declines.
You can only do so much in the long-term to disconnect consumption from the productive capacity of an economy. We're starting to explore those outer limits now. When you hit them, something has to give, either raising taxes, reducing spending, more inflation (which itself is more-or-less a tax), or higher interest rates (ditto).
One way or another, all bills come due.
Some nice large cap opportunities now with the long-term in mind. TTD under $600 after getting close to four digits at the end of December. ETSY touched $250 on Tuesday and is now sitting at $184. ENPH was at $212 after Biden was sworn in and it's now at $134.
