Stock Market Watch, President-Elect Trump

[Look585]

Originally Posted by zap

Economists look at labor participation rates as it affects growth. Whats interesting is that the participation rate in the US among prime age (25-54) workers has also fallen, down around 2% since the start of the last recession.

Lumping "Economists" into one homogeneous group is folly. Often, individual economists can't even agree with themselves!!! "on the one hand..., on the other hand..."

Harry S. Truman famously requested a "one handed economist" for just this reason.



Anyway, yes, Labor Force Participation Rate is an interesting statistic, but, in my opinion, one often misused and misunderstood. How and *why* is it changing is the key. The recent decline noted above has been attributed in part (by some economists) to two income families becoming single income families, by choice. "Bad" or "Good"?

[Tony T]

Originally Posted by PFSLABD

It's like a downhill bike ride. What goes down, inevitably goes back up, again.

Unless when you reach the bottom you decide to go to your home by the sea

[MattTuck]

I think this question sums up some of part of this debate quite well: Are Stocks Short-Term Oversold Or Long-Term Overbought?

[verticaldoug]

Originally Posted by MattTuck

I think this question sums up some of part of this debate quite well: Are Stocks Short-Term Oversold Or Long-Term Overbought?

if you did not own AAPL MSFT GE FB GOOG the last 6 mo, and instead only owned the SPX495. You are down another 22% or so... A lot of concentrated performance is disguising the real damage.

[Tony T]

China down another 5%
US Markets are trying to look the other way, but looks like there is some "sell on the blip" today.

[Tony T]

…interesting trading day.

[Tony T]

Well, since most of the new posts are only made when the market is down,
I'll be a contrarian and post that the DOW is looking at a 150 point gain this morning (S&P 20, NAZ 50)

[cinema]

Oil is getting a little bump too as it tends to do on up days. could be another opportunity to get some dwti. Still early in the day

[PSC]

Sold off one of my bond funds and put everything in the S&P. I was looking for a reason to sell this fund for the past six months or so and with the drop in the market, it gave me a good excuse to move around stuff in my portfolio.

[Tony T]

Originally Posted by cinema

Oil is getting a little bump too as it tends to do on up days. could be another opportunity to get some dwti. Still early in the day

And WTI is down again, may close ⬇30 today

[scho74]

Man it's getting ugly.

[Tony T]

I can't remember when oil was last below $30, must have been in the late`80's or early `90's

[54ny77]

it's not often one makes ~280% return in 6 months.....unless one was triple levered inverse to the index.....

wow.

Originally Posted by cinema

Oil is getting a little bump too as it tends to do on up days. could be another opportunity to get some dwti. Still early in the day

[cinema]

i bought in at 95 something.

[bikerider888]

Been a fun time to go long volatility, via vehicles such as UVXY and TVIX.

Gut-wrenching moves. 10, 20, 25% in either direction daily.

Not for the faint of heart.