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Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 1:01 pm
by Cobra
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 1:05 pm
by Cobra
hopefully it's 100% mm. before hitting the target, anytime sharp rebound then the low was in, so key time.
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 1:56 pm
by fehro
Despite underperforming the other size segments, small-cap valuations expanded to a new cycle high of 19.3x, the fourth-highest level in data history, and just 3% from the all-time high (19.9x). Putting this in context, Suzuki writes that "small caps are now more expensive than they were at the peak of the Tech Bubble."
http://www.zerohedge.com/news/2017-12-0 ... ech-bubble?
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 2:47 pm
by Trades with cats
fehro, thank-you for that. Many many years ago they taught us that you had to correctly define what you were doing to be successful. The example was you are not a railroad you are in the transportation business.
So all of those articles featuring valuation are really claiming that the market prices things based on some intrinsic future value.
The other prominent point of view is that this is an auction of stuff and the selling price represents some blend of desires and the amount of cash in the pockets of the bidders.
I think this chart from twitter today sums up that view very nicely.
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 3:41 pm
by Trades with cats
Yowser, there goes yesterday's low. Somebody better get Amazon two hour delivery for some cardiac arrest paddles for Cobra!
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:02 pm
by Al_Dente
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:09 pm
by Cobra
almost hit 100% mm target.
Posted: Tue Dec 05, 2017 4:13 pm
by MrMiyagi
HELP US BABY JANET!!!!!!!
Re:
Posted: Tue Dec 05, 2017 4:19 pm
by Heck
MrMiyagi wrote:HELP US BABY JANET!!!!!!!
Help on the Way
http://bit.ly/2jTDPeI
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:21 pm
by Al_Dente
Re: Re:
Posted: Tue Dec 05, 2017 4:23 pm
by Al_Dente
HEY that's the "Typical December" chart i was looking for
THANKS BOSS
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:27 pm
by fehro
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:29 pm
by Junior Buffett
are we at the point where we going to be happy with 10 points red as a drop?? what a world we came to..100 points drop has remained in dreams.
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:29 pm
by Cobra
Re:
Posted: Tue Dec 05, 2017 4:30 pm
by Cobra
MrMiyagi wrote:HELP US BABY JANET!!!!!!!
Re: Re:
Posted: Tue Dec 05, 2017 4:40 pm
by Heck
Al_Dente wrote:
HEY that's the "Typical December" chart i was looking for
THANKS BOSS
Welcome
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:50 pm
by Cobra
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:52 pm
by Cobra
well, guess that's it for today. Wednesday tomorrow has been bull friendly but down 3 of the last 3. thank you guys, I'll see you tomorrow.
before the close, please take a little time to vote for me, thanks.
https://stockcharts.com/public/1684859/tenpp
Re: 12/05/2017 Live Update
Posted: Tue Dec 05, 2017 4:56 pm
by Al_Dente
This morning zh posted how the AMT was hated by tech, pharma, biotech (and smalls), and most of the business community
Now, poof, there is action on the hill to REPEAL AMT