Boiler Room: The Official Stock Market Discussion

[Domingo Halliburton]

Republicans are really the worst. "If this terrible bill is passed and we don't reach our growth goals, we're going to introduce an automatic recession accelerator."

 

[Futuristic Eskimo]

Republicans are really the worst. "If this terrible bill is passed and we don't reach our growth goals, we're going to introduce an automatic recession accelerator."

Why are we cutting taxes at this point in the business cycle anyway

 

[Domingo Halliburton]

Why are we cutting taxes at this point in the business cycle anyway

Republican dogma.

 

[Berniewood Hogan]

A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Inc.

“It has seldom been the case that equities, bonds and credit have been similarly expensive at the same time, only in the Roaring ’20s and the Golden ’50s,” Goldman Sachs International strategists including Christian Mueller-Glissman wrote in a note this week. “All good things must come to an end” and “there will be a bear market, eventually” they said.

As central banks cut back their quantitative easing, pushing up the premiums investors demand to hold longer-dated bonds, returns are “likely to be lower across assets” over the medium term, the analysts said. A second, less likely, scenario would involve “fast pain.” Stock and bond valuations would both get hit, with the mix depending on whether the trigger involved a negative growth shock, or a growth shock alongside an inflation pick-up.

Goldman Warns That Market Valuations Are at Their Highest Since 1900

 

[N.J.stan]

Goldman Warns That Market Valuations Are at Their Highest Since 1900

Haven't they been saying this though the past couple years? My TVIX holdings would welcome a market downturn

 

[N.J.stan]

On another note, if this tax bill passes, how does that impact capital gains? Should I be selling my losers before EOY or holding for rebound?

 

[Futuristic Eskimo]

On another note, if this tax bill passes, how does that impact capital gains? Should I be selling my losers before EOY or holding for rebound?

I'm not sure we have specifics on when certain tax rates would go live or what periods they would cover, but I could be wrong.

In other news, I've re-opened a position in that piece of shyt VRX. I want my money back.

 

[Futuristic Eskimo]

Dump can't be because of Flynn news, can it? Selloff started like an hour after the headline dropped.

Is there a view that this has an effect on the tax bill?

@James Hurley

 

[Domingo Halliburton]

Dump can't be because of Flynn news, can it? Selloff started like an hour after the headline dropped.

Is there a view that this has an effect on the tax bill?

@James Hurley

Thats exactly what i was thinking. It's recovered some. All i can think is they learned something Flynn is going to reveal and its damaging.

 

[Domingo Halliburton]

I guess the conclusion is no way Mueller would take a plea deal with Flynn testifying Trump did nothing. Why the lag in the market reaction is still odd to me.

 

[Domingo Halliburton]

An OTC bitcoin trust was the fifth highest traded stock on Fidelity this past week.

 

[Domingo Halliburton]

Even the russian ruble is catching strays from this Flynn thing.

 

[Futuristic Eskimo]

Thats exactly what i was thinking. It's recovered some. All i can think is they learned something Flynn is going to reveal and its damaging.

hard to trade at work. Intra-day calls on the rebound would've been nice.

 

[mson]

https://www.thestreet.com/story/14408960/1/done-deal-cvs-to-buy-aetna-for-69-billion.html

 

[Domingo Halliburton]

Guess we're still rotating from tech to banks