2021 Stock Market

2forISU

Well-Known Member
Oct 8, 2008
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I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
 

BCClone

Well Seen Member.
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Sep 4, 2011
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Not exactly sure.
I'm a little concerned that the $1.9T stimulus and the $1,400 checks aren't moving the market. The uptick in rates is making wall street very nervous. Biden might want to start talking about the $2T infrastructure deal...
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.
 

Sigmapolis

Minister of Economy
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Aug 10, 2011
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Waukee
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.

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.
 
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keepngoal

OKA: keepingoal
Staff member
Bookie
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SuperFanatic T2
Jun 20, 2006
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AAPL under $120. I grabbed some more.
 
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Fitzy

Tracer Bullet
SuperFanatic
SuperFanatic T2
Apr 8, 2014
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La La Land
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.
 

keepngoal

OKA: keepingoal
Staff member
Bookie
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Jun 20, 2006
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APPL now at $116. Holding on buying a bunch, just bought 1 unit worth at $119.75.
 

keepngoal

OKA: keepingoal
Staff member
Bookie
SuperFanatic
SuperFanatic T2
Jun 20, 2006
38,262
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Appears Tech sector will rebound today. Was hoping to snag sub $115 to add to my position.
I have my trigger for $114, a five-six dollar savings from my last buy. Otherwise, it feels like chasing a dollar today.
 
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