Fat Lady Singing "As Good As It Gets"

The irony of the day comes from headline news on Caterpillar, 3M, and Coke.

Comments (38)
No. 1-25
klausmkl
klausmkl

If you listen to mish your a fool. If Mish knew anything about stocks he would be retired. ES weekly bull still in tack,

OkieNomics
OkieNomics

I think I'll just hold tight and keep the DRIP going for another decade or so. But then, I'm not a day trader jumping in and out with the momo changes. So if stocks are a SELL, Treasuries are due to crater, munis are teetering on bankruptcy and cryptos are only for fools, what's left? Metals? A fool and his money indeed. I'll take a diversified portfolio that includes all of the above, and will try to resist the temptation to invoke that one word on any given down day. Steady as she goes.

Bam_Man
Bam_Man

This is what happens when higher interest rates and dwindling liquidity confront an over-valued (egregiously) stock market.

thimk
thimk

"Buy on the rumor, sell on the news" on steroids .The slow "melt ups" that have characterized the market for many years has been replaced by apoplectic swings. Maybe a belated taper tantrum .

truthseeker
truthseeker

Klausmkl At least Mish doesn’t make foolish spelling errors. You really ought to check out Proverbs 17:28 “Even a fool is thought to be wise if he can learn to keep his mouth shut!”