What is going on today? - Megathread

Well the writers at Money Week this morning seem to agree.

Looks like all time highs to me.

But maybe you are right maybe stock markets have not gone up…

This one fund of funds I’ve been using as my core has been a blessing to simply add to and not worry a single bit.

Its the top 6 google etc making the s and p look good the rest of the market is down 10% or so… so if the top 6 collapse it wont be pretty😬

It’s market cap weighted, over time the companies will simply be overtaken by other companies so it’ll always go up over time.

This is just an opinion but we are nowhere near the top of this run, there is incredible growth to the upside for many many years before this internet boom reaches a saturation moment and even then it could continue on into the next growth market and shoot way past 8,000 for the S&P 500.

Nobody is saying that the stock markets have not gone up, but to say that UK is following US is not quite right:

FYI, the bottom line is the UK (represented by FTSE 100) :rofl:

(Disclaimer - I do hold ETFs in both S&P 500 and FTSE 100)

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Is this a fund available on FT?

It’s not quite an all time high for the FTSE 100, it went over 8000 in feb last year

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Unfortunately not. You would need an investment platform which offers Funds and Etf’s.

I like this fund long term because it has pretty perfect allocations with some low volatility added and captures 8% in global small caps and also the Nasdaq. Whilst capturing the world also.

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Not investment advise but the S&P 500 almost always hits the new target it was heading for first - which is 5,000. So this is a buy evening and a buy morning.

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It’s worth remembering that GBP:USD was almost 1.7 in 2014, so when you compare the FTSE100 in GBP to the S&P500 in USD it’s actually significantly overstating the FTSE performance, in real terms it’s actually even bleaker.

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Any chance you could go to another forum to spout your political views?

Not investment advice
. So this is a buy evening and a buy morning.

The definition of investment advice

Tom Lee who is pretty much always bullish, has said he expects a 7% fall in the US stock market.
Not a good sign in my view

Sooner or later he’ll be right, did he say when?

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He’s been mostly right for the last 15 years. So his track record is very good.

https://twitter.com/LastCallCNBC/status/1752124505491653117/mediaViewer?currentTweet=1752124505491653117&currentTweetUser=LastCallCNBC

Yesterday that same Mr Lee was banging on about how the S&P 500 could significantly exceed his own 2024 end of year price target. He is still bullish for the rest of the year.

How is it not a good sign of a small needed drop/correction if he is bullish for the rest of the year?

Its inevitable there will be pullbacks even a dumb retail investor like me expects that. Buy the dip opportunities.

Fair enough, not a good sign for the short term.

I see it as healthy, Its unhealthy for the market to have rocketed the way it has done so quickly. I dont see a (predicted by Mr Lee ) 7% drop as a bad sign at all, its natural and surely most of us are longterm investors anyway so it shouldnt matter what happens in the short-term.

A not so “good sign for the short term” mentality is exactly what im looking for in the markets.

With both US and probably UK elections this year, we could be in for a bumpy ride.

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Which country are you in?
How old are you?
Which of these sites would you recommend?

https://web.stanford.edu/~jonahw/PWR1/CT-Websites.htm

Would you recommend this documentary?

http://www.endgamethemovie.com/