Top is in

[Glenstache]

Like you, I've started to suspect the top will never be in when that paycheck hits my 401K.

Correct. The top is always the day after you put money in.

[achvfi]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

[PDXTabs]

The US economy contracted, markets went... up???

My 401k buy is also tomorrow.

[secondcor521]

The US economy contracted, markets went... up???

I think the theory is that now the Fed might not have to tighten as much as previously expected.

[EscapeVelocity2020]

The US economy contracted, markets went... up???

My 401k buy is also tomorrow.

You obviously missed the fact that Thorstach loudly proclaimed that the TOP IS IN!!!

Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Headed straight for all time highs...

[PDXTabs]

The US economy contracted, markets went... up???

I think the theory is that now the Fed might not have to tighten as much as previously expected.

I think that Diane Swonk, Chief Economist at Grant-Thornton, had some interesting comments here. Basically, housing, consumer spending, and business investment is still strong. So it is hard to say too many bad things about the economy.

That is mirrored here:
"The negative GDP number is a surprise, but not a material one," Moody's Analytics chief economist Mark Zandi told CNN in an email. "The economy continues to grow strongly and at a pace that continues to bring down unemployment."
...
"This is noise; not signal," Pantheon Macroeconomics chief economist Ian Shepherdson wrote in a report. "The economy is not falling into recession."
...
"Although GDP fell in the first quarter, the US economy is not in recession. Underlying demand remains strong, and the labor market is in excellent shape," PNC chief economist Gus Faucher wrote in a report. "Growth will resume in the second quarter." - CNN: The US economy contracted. Don't panic

[Monocle Money Mouth]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

God damn it.

[EscapeVelocity2020]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

God damn it.

Fingers crossed that your money goes in at the end of the day on Friday?  Now that Amazon has posted disappointing revenue growth (by shrinking), there should be a nice dip to finish off a hair-raising roller coaster week...

Shares of Amazon (AMZN) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive.
Revenue: $116.4 billion vs. $116.43 billion expected
Earnings per share: $7.56 per share vs. $8.40 per share expected

[Monocle Money Mouth]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

God damn it.

Fingers crossed that your money goes in at the end of the day on Friday?  Now that Amazon has posted disappointing revenue growth (by shrinking), there should be a nice dip to finish off a hair-raising roller coaster week...

Shares of Amazon (AMZN) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive.
Revenue: $116.4 billion vs. $116.43 billion expected
Earnings per share: $7.56 per share vs. $8.40 per share expected

My 401(k) purchase does happen tomorrow, but I'm not stressing about it. The "God damn it" was just for lols.

The market's been whipsawing all year. I wouldn't be surprised if the market went down again tomorrow or went up another 2%. I don't need that money for several more years and I'm prepared for things to be crazy in the short term.

[Glenstache]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

God damn it.

Fingers crossed that your money goes in at the end of the day on Friday?  Now that Amazon has posted disappointing revenue growth (by shrinking), there should be a nice dip to finish off a hair-raising roller coaster week...

Shares of Amazon (AMZN) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive.
Revenue: $116.4 billion vs. $116.43 billion expected
Earnings per share: $7.56 per share vs. $8.40 per share expected

My 401(k) purchase does happen tomorrow, but I'm not stressing about it. The "God damn it" was just for lols.

The market's been whipsawing all year. I wouldn't be surprised if the market went down again tomorrow or went up another 2%. I don't need that money for several more years and I'm prepared for things to be crazy in the short term.

Maybe you should just dollar cost average over 5 days...

[Monocle Money Mouth]

Can I make a special request that the top still be in through tomorrow and Friday? I have some money going into the market on those days.

Thanks!

Your request has been formally rejected.

God damn it.

Fingers crossed that your money goes in at the end of the day on Friday?  Now that Amazon has posted disappointing revenue growth (by shrinking), there should be a nice dip to finish off a hair-raising roller coaster week...

Shares of Amazon (AMZN) dropped after the company revealed a revenue forecast that missed analyst estimates as consumers curb online spending in the face of economic uncertainty and a return to in-person activities. The company also reported a loss on its investment in electric-vehicle maker Rivian Automotive.
Revenue: $116.4 billion vs. $116.43 billion expected
Earnings per share: $7.56 per share vs. $8.40 per share expected

My 401(k) purchase does happen tomorrow, but I'm not stressing about it. The "God damn it" was just for lols.

The market's been whipsawing all year. I wouldn't be surprised if the market went down again tomorrow or went up another 2%. I don't need that money for several more years and I'm prepared for things to be crazy in the short term.

Maybe you should just dollar cost average over 5 days...

I like it. I could potentially get fractions more of a share. Every little bit counts.

[PathtoFIRE]

Only amateurs DCA over the days of the week, what about over hours of the day too??

[Monocle Money Mouth]

I can’t ☹️ All my investments are mutual funds.

[talltexan]

I brazenly ignored the fact that Top Is In! over lunch, could have saved myself about $25 on the price of some shiny, new shares of $AVUV.

[techwiz]

I brazenly ignored the fact that Top Is In! over lunch, could have saved myself about $25 on the price of some shiny, new shares of $AVUV.

The Top is in over lunch, breakfast and dinner!

[PDXTabs]

For once my 401k buy was at a discount.

[Monocle Money Mouth]

For once my 401k buy was at a discount.

Best discount of the year so far. The Google machine says the S&P 500 is down 13.8% year to date.

Top is in.

[maizefolk]

For once my 401k buy was at a discount.

Best discount of the year so far. The Google machine says the S&P 500 is down 13.8% year to date.

Top is in.

Worst discount of the year remaining. The S&P 500 has 100% left to fall.

Top is in.

[shureShote]

Figured this thread would wander it’s way to the bottom, which is weird since the top is still in, even from down here.

[EscapeVelocity2020]

For once my 401k buy was at a discount.

Best discount of the year so far. The Google machine says the S&P 500 is down 13.8% year to date.

Top is in.

Worst discount of the year remaining. The S&P 500 has 100% left to fall.

If the S&P500 falls 100%, I'm going to buy BIG TIME!!!!

[BicycleB]

For once my 401k buy was at a discount.

Best discount of the year so far. The Google machine says the S&P 500 is down 13.8% year to date.

Top is in.

Worst discount of the year remaining. The S&P 500 has 100% left to fall.

If the S&P500 falls 100%, I'm going to buy BIG TIME!!!!

I'll put both of my remaining dollars in.

[zolotiyeruki]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

[maizefolk]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

[PDXTabs]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

[MustacheAndaHalf]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

Dead cat bounce!  It's there to fool people who forgot we're still down YTD, so the top is still in.
https://www.investopedia.com/terms/d/deadcatbounce.asp

[shureShote]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Sounds like you are describing some sort of periodic function, so I guess Fourier top is in.

[Glenstache]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Sounds like you are describing some sort of periodic function, so I guess Fourier top is in.

Could be a Taylor (stock] series too.

[shureShote]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Sounds like you are describing some sort of periodic function, so I guess Fourier top is in.

Could be a Taylor (stock] series too.

We should expand around that..

Since top is in, we at least know the sign of the first derivative.

[ChpBstrd]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I think it's because the QT announcement was a 3 month gradual path to $95B/mo. Clearly the Fed believes the inflation top might be in, so they're acting slowly.

[HPstache]

The "just kidding" top is in!

[Scandium]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I don't get this panicking over increasing rates. If any business can't survive because it costs 1/2 percent more to borrow money then it doesn't deserve to stay in business anyway!

[Tyson]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I don't get this panicking over increasing rates. If any business can't survive because it costs 1/2 percent more to borrow money then it doesn't deserve to stay in business anyway!

Agreed, the whole point of capitalism is churn.

[ChpBstrd]

S&P up 3% today?  Holy smokes, I thought the top was in!!!!!!

The fed raised rates 0.5%, which makes a recession more likely, which makes it more likely the fed will cut rates, which makes stocks more valuable, which means a recession less likely, which makes it more likely the fed will raise rates, which makes a recession more likely .....

Some people think that the market went up because they ruled out any 0.75% rises.

I don't get this panicking over increasing rates. If any business can't survive because it costs 1/2 percent more to borrow money then it doesn't deserve to stay in business anyway!

Unfortunately, the stock market is FULL of companies with low-single-digit ROA's. And people are starting to wonder how they remain profitable when their ROA is less than the interest rates on the loans they're going to have to take in the future.

Low-ROA top was in.

[Scandium]

Unfortunately, the stock market is FULL of companies with low-single-digit ROA's. And people are starting to wonder how they remain profitable when their ROA is less than the interest rates on the loans they're going to have to take in the future.

Low-ROA top was in.

ops, forgot which thread I was in;

Interest rate top is in!! 1%! Only going down from here!

[BigMoneyJim]

This is fine.

[MrGreen]

This is fine.

I'm sure there were some puckered buttholes today!

[2Birds1Stone]

This is fine.

I'm sure there were some puckered buttholes today!

Mine included.

[MrGreen]

This is fine.

I'm sure there were some puckered buttholes today!

Mine included.

Who doesn't enjoy a nice 5% haircut in one day? Lol

[Alternatepriorities]

I found the top (of North America):

[ChpBstrd]

This is fine.

I'm sure there were some puckered buttholes today!

Mine included.

Who doesn't enjoy a nice 5% haircut in one day? Lol

Just reimburse yourself with the diamonds found in your undies.

[Glenstache]

This is fine.

I'm sure there were some puckered buttholes today!

Mine included.

Who doesn't enjoy a nice 5% haircut in one day? Lol

Just reimburse yourself with the diamonds found in your undies.

Diamond hands? No, Diamond shorts. Top is in!

[PDXTabs]

Diamond hands?

Did someone say Diamond Hands? I just hope that the market is still down next Friday for my 401k buy. HODL.

[achvfi]

Diamond hands?

Did someone say Diamond Hands? I just hope that the market is still down next Friday for my 401k buy. HODL.

No way. I hear by commit heresy by saying "Bottom is in!"

[PDXTabs]

Diamond hands?

Did someone say Diamond Hands? I just hope that the market is still down next Friday for my 401k buy. HODL.

No way. I hear by commit heresy by saying "Bottom is in!"

I knew that I would get that, and I deserve it.

[thorstach]

Recession is in

[2Birds1Stone]

Recession is in

Hai baby ;)

[PDXTabs]

Recession is in

Hai baby ;)

w00t!

[MustacheAndaHalf]

Diamond hands?

Did someone say Diamond Hands? I just hope that the market is still down next Friday for my 401k buy. HODL.

Retail investor NW : top is in.

[EscapeVelocity2020]

Fear is back, VIX above 15, XIV breaking down. SPY to follow, earnings will be a reality check.

Recession is in

Random Thorstach visit top is in!

[farmecologist]

Recession is in

Well played sir...well played.