Thought of the Day

I am very worried about the market dynamics, it looks like we are going down. But all the data points out that good times are coming next year. (see jason Goepfert below)

i will stick to the market action. If the markets don't go up soon we are in trouble

From Jason Goepfert:

The S&P 500’s flat return in 2018 so far has been due to the growth in earnings being offset by a drop in sentiment. The price/earnings ratio for the index has declined about as much as earnings have grown, like 2011.

Other years since 1969 that have seen this dynamic typically showed good returns over the next year. Most impressive was the risk/reward – the S&P rallied more than 21% on average at its best point over the next year, while declining an average of only 4% at its worst point.

we are not at the end of a Bear market for sure! but sentiment is very bearish very negative. you don't want to sell now ......

From Sentiment Trader.com
Put interest
Over the past 8 weeks, the smallest of options traders have focused so much on buying puts as a percentage of their total option volume that the only times that can match it were near the ends of the bear markets in 2002 and 2008.

From Bloomberg, Federal Reserve Chairman Jerome Powell said he and other policy makers continue to see a “solid” outlook for the U.S. economy, while noting that interest rates are “just below” the so-called neutral range.

From Gave Kal, The most cherished gifts often come in small packets, and investors duly cheered just two small words yesterday by the Federal Reserve chairman. In a speech, Jerome Powell said policy rates were “just below” the neutral level. That was a big change from a month earlier when he said they were “a long way from” the not-too-hot-not-too-cold level. This suggests that the pace of interest rate hikes may lessen, while on the same day data was released showing a highly profitable US corporate sector that is still investing.

People are still skeptic about the market .

I guess it's stupid to be pessimistic now when the smart money is bullish/optimistic

however i will wait the action in the next few days, i want to see if the market can survive after the G20 meeting

we are not out of the woods yet

NO I don't think it is

USA the average is in the bottom but if they have a good top 5% it's enough

it's better to have a top elite than a top average.

YES

Los que son buenos jugadores en algo lo suelen ser en casi todo.
Aitor Zarate

Don't be afraid to give your best to what seemingly are small jobs. Every time you conquer one it makes you that much stronger. If you do the little jobs well, the big ones will tend to take care of themselves.”
― Dale Carnegie

I am a great believer in this if you are good in something probably you are good in everything. that is why the small things are important do well the small things and the big things will fall in place. when someone don't put the dishes properly in the washing machine usually other areas in life are a mess.

Bitcoin is reaching a good buying point. USD 3000 is a good start

I still think soon USD will go down hard (Deficits of 1 trn a year will have a price!!!) and everything will go up. stocks, bitcoins even real estate. The only way to clean huge amounts of debt is to inflate