How far do you think the dow will drop during 1st 1/2 of 2018

[shorthairsrus]

my guess is 19%.


Stocks are overvalued - - period. Corporate profits are cyclical The market raised to fast.



Corporate tax imo income tax is small compared to the rest of the expenses of a public company. Tax savings 21 vs 35% -- when tax is 8% of gross income.

 

[SDMF]

Passage of 1.5T infrastructure bill would buoy GE, CAT, probably 3M XOM, DWDP, and CVX. Wouldn't be surprised to see VZ included in that too in an effort to increase rural high-speed signal they may get a gov't nipple as well.

Will MSFT and AAPL reap the rewards of re-patriation by other companies who suddenly have domestic $$ with which to upgrade enterprise technology?

If anything actually becomes of Rx drug prices, JNJ, PFE, and MRK may anchor or dip the DOW though.

Like trying to decipher a Rube Goldberg device without a manual or any clue as to the operation being performed.

 

[Allen]

It's been an absolute bloodbath in the oil producer's stocks the past several days.

All without much of a word as to why. Usually there's quite a bit of banter about either bullish or bearish indicators, not so much this time around. Actually, most indicators have remained bullish.

 

[guywhofishes]

It's been an absolute bloodbath in the oil producer's stocks the past several days.

All without much of a word as to why. Usually there's quite a bit of banter about either bullish or bearish indicators, not so much this time around. Actually, most indicators have remained bullish.

maybe it’s still going up but the bots are temporarily headfaking for profit?

 

[shorthairsrus]

were down 665 today --- i only have 5k to go

 

[westwolfone]

my guess is 19%.


Stocks are overvalued - - period. Corporate profits are cyclical The market raised to fast.



Corporate tax imo income tax is small compared to the rest of the expenses of a public company. Tax savings 21 vs 35% -- when tax is 8% of gross income.

I think stocks will be ok. Go down a little and come back. I say even on 1st half of 2018.

The last time the Dow lost 600 (Brexit 2016), people were on here saying they were glad they were
out of the market. I believe the Dow is up over 40% since then (didn't look it up).

The saving on taxes for corporations will be invested and make more money.
Trump has also eliminated or relaxed a lot of regulations.

 

[Flatrock]

It's nearly impossible to know. Yea stocks are due for a correction but it's a fools game if anyone thinks they KNOW what the market is going to do.

 

[Retired Educator]

If I or anyone else knew that for sure we'd all be much better off. It's a gamble like most investments. Good luck to all.

 

[Flatrock]

If I or anyone else knew that for sure we'd all be much better off. It's a gamble like most investments. Good luck to all.

No, it's not a gamble. Just invest every single month and sit on your hands. Do that and you'll do extremely well over the long term.

 

[eyexer]

after this scuffle the market will soar again. it'll be up 10% by July first.

 

[shorthairsrus]

growth --- i see the govt hasnt stopped growing --- Deficit for the fiscal year to date was $202 billion, compared to a deficit of $183 billion in the comparable period for fiscal 2017. On an adjusted basis, the fiscal year-to-date deficit was $248 billion last month versus $222 billion in the prior year.

%uck - lets just borrow some more money and the tax impact will start in February / March

 

[Migrator Man]

Global economies are picking up. Oil demand is going up. Many key indicators are looking positive. This news about the memo may have tanked the market this week but it truly doesn't have long term effects. I don't see any big drags on the economy coming to threaten the economy. There are some good opportunities to buy low in the next week and I think we will see the markets continue to grow.

 

[Wild and Free]

Let er drop, I felt uneasy about the rocket ship and rolled most of my retirement into a holding pattern money market acct within the 401k for a while, Would much rather keep what I have and not gain other than my monthly contributions and match money rather than take a huge % hit when the bubble breaks..

 

[VDAWG]

When it dips, that’s a good opportunity jump on board! Don’t let your emotions get the best of you!

 

[Sluggo]

Down another 1,175 today.

 

[lunkerslayer]

Another black Monday

 

[wildeyes]

if you didn't think this was going to happen a correction was in order now is the time to buy stocks. I was holding out I hate buying when everything is overpriced.

 

[LBrandt]

If it totally tanks all but a few are in the same boat.

 

[Bfishn]

It looks like we are probably in for another bloodbath today. It was only a matter of time for a correction, it could just not keep going the way it was. Ive been sitting on some money on the sidelines for a while and just moved my 2018 Roth $$ into my brokerage account. May be some good opportunity over the next few days.

I personally never touch my 401k as far as trying to pull out and time dips etc. Bad move with 401k IMO. If you think you can time the market, try it with a standard brokerage account and let me know how that works, at least your losses will be tax deductible

 

[BrokenBackJack]

You have to take the good with the bad.
If the stock market would totally tank then the dollar wouldn't be worth a plug nickel either. So it wouldn't matter if you owned stock or had money in the bank. Would be just like the crash of 1929 and into the 30's when a lot of the banks folded.
It will come back as it is just profit taking now and long overdue.