Hey! Negative Ned - take it easy there pal. Who pissed in your cornflakes today? I thought it was all gummy bears and unicorns looking through your rose colored glasses.
Off my meds today
Hey! Negative Ned - take it easy there pal. Who pissed in your cornflakes today? I thought it was all gummy bears and unicorns looking through your rose colored glasses.
If you only bought when you felt warm and fuzzy you'd miss the greatest returns in the market. You're young, you have time on your side.
Fundamentals are good in every sector but small/mid cap energy.
We are 10% off the high of last year. This is normal. Gas is cheap, interest rates are low, household and stock market debt are low. Consumers bought a record amount of cars last year. Housing is getting snapped up quick.
Have faith, the US is in good shape.
yeah, fuck if I wasn't debating making teh shift out of S funds on my TSP around the beginning of the year, but decided, Meh, I'll worry about it later.
Oh well
And the VIX is way up too.
The DOW"N" -525.61 (-3.19%) so far today and falling fast right now. Anybody else have that feeling like we're in for it??? I just can't figure out how this decline revolves around oil??? Only the jobs in the oil sector are hurting. The other 95% (Everybody else) is loving cheap gas.
I don't like Wal-mart at all, but they sell quite a bit of stuff that's made here in the good old USA. They aren't quite Harbor Freight.I guess the announcement this morning of Wal-Mart shutting down hundreds of stores didn't help matters... But go figure, everything they sell is straight from China.
Banks have high reserves and the write down on oil REITs will be minimal compared to write downs from 2008. Most were accounted for in 4th quarter.
Check out oil! I heard Iran oil was released like yesterday. That's the driver I guess...
Check out oil! I heard Iran oil was released like yesterday. That's the driver I guess...