First trading day of the new year of 2018!

[Value Buy]

DOW futures are looking good. Hopefully we start 2018 off with a good positive day trading wise.

Not sure how January will work out for the markets..........many people might want to take huge profits gained last year, under our new tax laws, but not sure where they would put the profits to work.

Only change I may be making, is trimming my utility I hold, and buy more oil stocks.
Utilities usually take a big hit on rising interest rates, and oil look like it might hold onto these gains. At $60 a barrel they are all printing money.

[resolution]

I am planning to keep my normal asset allocation and just keep investing on schedule. I am just in index funds and one bond fund, not in individual stocks, since I don't trust myself to pick the winners. I am hopeful that the market will continue to go up this year, hopefully the tax cut will provide some kind of short term stimulus.

[djAdvocate]

+1.9% today! 

ftr, i was +30% last year and 80% the prior year, but still.....very good start!

edit: it is tough to make money off OIL SANDS at $60/bbl, but possible.  so production might drop there, or they might just take a loss and wait for the price to come up (more).

CA:OSF.UN

[Value Buy]

Jan 2, 2018 16:09:53 GMT -5 djAdvocate said:

+1.9% today! 

ftr, i was +30% last year and 80% the prior year, but still.....very good start!

edit: it is tough to make money off OIL SANDS at $60/bbl, but possible.  so production might drop there, or they might just take a loss and wait for the price to come up (more).

CA:OSF.UN

That is a great one one day gain! Was it in gold stocks or uranium stocks?
Are you referencing fracking "regular oil" instead of "oil sands"? Oil sand oils trades a lot lower than than regular oil.

[Value Buy]

More good news for the economy!

www.cnbc.com/2018/01/03/december-ism-manufacturing-index-november-construction-spending.html

[Value Buy]

Ford new car sales for December were up instead of the expected negative sales number.
GM reported sales down less than 3% from an expected 5% negative sales number.
GM reported the average sale price of over $36,000.

More good news for our economy and American workers.

[Value Buy]

Wow, first two trading days of the year have been really good to the portfolio.
Up  and up, and letting everything ride.......

[Value Buy]

DOW just broke 25,000
Now at 25,013

[Value Buy]

Another strong jobs number is reported.

www.msn.com/en-us/money/markets/dow-tops-25000-for-first-time-after-strong-jobs-report/ar-BBHR2Nf

[Value Buy]

Interesting trading day so far. DOW futures were negative at the opening, and market dropped about 100 points in the first hour or so, and has recovered to about even for the day.
No real news to explain why.

[ken a.k.a OMK]

Could this be why? I'm not a finance guy.

China is reportedly thinking of halting US Treasury purchases and that's worrying markets right now

The report notes that Chinese officials think U.S. debt is becoming less attractive compared with other assets.

Trade tensions between the two countries could provide a reason to slow down or halt the purchases, according to the report.

Treasurys and the dollar fell on the report. Gold rose. Stocks also fell.

China is the biggest buyer of U.S. sovereign debt.

[Value Buy]

Jan 4, 2018 9:36:54 GMT -5 Value Buy said:

DOW just broke 25,000
Now at 25,013

As you can see, this post was from January 4th of this year.
Today we are at 24,100
Will we make it back to 25,000 by the first of January?

[Gardening Grandma]

Dec 14, 2018 18:09:59 GMT -5 Value Buy said:

Jan 4, 2018 9:36:54 GMT -5 Value Buy said:

DOW just broke 25,000
Now at 25,013

As you can see, this post was from January 4th of this year.
Today we are at 24,100
Will we make it back to 25,000 by the first of January?

Highly Doubtful. 2018 will end lower than it started.

[countrygirl2]

the trump effect

[Deleted]

Why I set my goal as how much I contribute to my accounts and not how much my net worth increases, I can’t control it and you get years like this or worse.

[clarkrl2]

That would be less than a 4% move but the trend seems to be down. Lower highs are being followed by lower lows. The close was below the 200-day SMA. There isn't an extreme oversold condition.

My guess is NO but it only a guess. If I had a nickel for every time I was wrong, I wouldn't need to be in the stock market. I would have a fortune in pocket change. Regardless of where the market goes, everyone have a merry Christmas and a happy New Year.

[CCL]

Dec 14, 2018 21:02:43 GMT -5 Gardening Grandma said:

Dec 14, 2018 18:09:59 GMT -5 Value Buy said:

As you can see, this post was from January 4th of this year.
Today we are at 24,100
Will we make it back to 25,000 by the first of January?

Highly Doubtful. 2018 will end lower than it started.

Agree. 

[Value Buy]

Dec 14, 2018 21:43:32 GMT -5 countrygirl2 said:

the trump effect

Seems the traders are concerned of a European and China economic slowdown now and hurting our maufacturing exports.

If the Fed continues raising interest rates, this affects them as much as us here in the states. 

[clarkrl2]

The S&P500 index did break over 2500 today and closed a little below.