General Discussion

lapfog_1

(29,198 posts)

5. Buy on the rumor (or hold) and sell on the news

Thu Nov 30, 2017, 01:08 PM

Nov 2017

The tax giveaway is baked in the cake (or the market).

We absolutely know that this bill is NOT a stimulus to the economy.

Stocks MAY rise a bit more as corporations use the windfall to do stock buy backs.

Now would be the time to put in stop losses on all your stock holdings and move them up on any stock that advances over the next year.

2019 is the year of the crash (as it becomes evident that the economic growth rate actually SLOWS due to reduced demand).

Giving the rich more money in the hopes that they invest in an expansion is complete nonsense. We are awash in cheap money now... there has to be demand... and that means the masses of consumers have to have more money to spend. They don't. And they won't.

Not to mention that IF any company returns to manufacturing in the US from overseas (which could happen) they will not be hiring that many additional workers. Automation is set to take over all factory work (and a lot else besides that).

Edit history

Please sign in to view edit histories.

24 replies

= new reply since forum marked as read

Highlight:

Time to pull money out of the stock market? [View all] OliverQ Nov 2017 OP

I don't know, what do you think? maxsolomon Nov 2017 #1

not according to my financial adviser. NRaleighLiberal Nov 2017 #2

yeah the problem with predicting crashes, even in bubble markets, is timing. unblock Nov 2017 #6

exactly what we are doing - I have 1/3 in chash, 2/3 still invested, but a wide variety. NRaleighLiberal Nov 2017 #9

i'm nearly 100% in stocks nearly all the time, but i'm easing off now unblock Nov 2017 #3

Never try to time the market. klook Nov 2017 #4

I was scrolling down to make a comment and see you already made most of it. A bit more from me. Yonnie3 Nov 2017 #14

Yes indeed! klook Nov 2017 #16

Some people are saying, not me of course, but many people are saying ... Yonnie3 Nov 2017 #24

Buy on the rumor (or hold) and sell on the news lapfog_1 Nov 2017 #5

I made the mistake of pulling half my portfolio out of the market after the election Beakybird Nov 2017 #7

I've Been RobinA Nov 2017 #15

My no evidence guess is yes gvstn Nov 2017 #8

As it looks like the Repug's are going to pass the Tax Bill in the Senate, I would have thought it OnDoutside Nov 2017 #10

Make sure you are liquid enough to get through another 2008 economic style collapse Yavin4 Nov 2017 #11

I recall a lot of people here saying they were getting entirely out of the market PoindexterOglethorpe Nov 2017 #12

If you can take a decent profit, I would say yes. roamer65 Nov 2017 #13

Historically, the stock market has done well for long-term investors. NCTraveler Nov 2017 #17

Yes. A government shutdown always triggers a loss grantcart Nov 2017 #18

Move to high security cash instruments over the next four months. Blue_true Nov 2017 #19

+1,000,000 Dawson Leery Nov 2017 #21

Half of it yes, and half no. L. Coyote Nov 2017 #20

If these cuts pass, all that cash Dawson Leery Nov 2017 #22

Timing the market usually fails Calculating Nov 2017 #23