Top is in

[Exflyboy]

I see a certain "candidate" opening his big mouth has caused the top to be in.

Big mouth top is in!

[aboatguy]

[aloevera1]

The top has been in for 212 pages of this thread... scary stuff.

[Glenstache]

The top has been in for 212 pages of this thread... scary stuff.

Do not taunt the top. Earnings will be a reality check!

[Malossi792]

Well, it sure seems like doing the exact opposite of what The Prophet implies would've helped me beat the market...

[ChpBstrd]

I see a certain "candidate" opening his big mouth has caused the top to be in.

Big mouth top is in!

Talking down the stock market hurts the incumbent, so maybe we can expect more of the same through November. Just another reason the top has passed us by.

[TheAnonOne]

SP500 up 133% give or take since thread inception.

1 and 1/3rd top is in

[RWD]

SP500 up 133% give or take since thread inception.

1 and 1/3rd top is in

Wouldn't that be 2 and 1/3rd of the top?

[Wolfpack Mustachian]

SP500 up 133% give or take since thread inception.

1 and 1/3rd top is in

Wait, so the stock market has more than doubled in the 7 years of this thread?!?  Forum synergy top is in!

[TheAnonOne]

SP500 up 133% give or take since thread inception.

1 and 1/3rd top is in

Wouldn't that be 2 and 1/3rd of the top?

That's like 7 thirds which seems like the third top is in!

[aboatguy]

Its payday, another tranche of retirement contributions

[dividendman]

Microsoft outage top is in

[GuitarStv]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

[RWD]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

Our company's IT forced CrowdStrike on us last year and I've been complaining about it since day 1. It is incredibly invasive software and I felt it necessary to segregate my work laptop from the rest of my home network. Multitudes of software we wrote in-house stopped working because CrowdStrike would hold the filesystem hostage. My work laptop was blue-screened this morning. Predictable consequence of deliberately installing spyware company-wide.

[dividendman]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

Incorrect blame top is in.

[aboatguy]

[Exflyboy]

The top seems such a long long time go (and we're 100 pts down on the S&P last night).

OK, why did Don Mclean singing "American Pie" just pop into my head?

[secondcor521]

The top seems such a long long time go (and we're 100 pts down on the S&P last night).

Really.  The VTI is down to levels not seen since the Great Depression Stagflation the Great Financial Crisis 12 days ago.

I'm actually still wondering what the XIV is.

[techwiz]

The top seems such a long long time go (and we're 100 pts down on the S&P last night).

Really.  The VTI is down to levels not seen since the Great Depression Stagflation the Great Financial Crisis 12 days ago.

I'm actually still wondering what the XIV is.

XIV = 14



Roman Numerals Top Is In!

[ChpBstrd]

The top seems such a long long time go (and we're 100 pts down on the S&P last night).

Really.  The VTI is down to levels not seen since the Great Depression Stagflation the Great Financial Crisis 12 days ago.

I'm actually still wondering what the XIV is.

XIV = 14



Roman Numerals Top Is In!

Solid research @techwiz but does it mean the top was in for the Nasdaq at 14,000 (currently 18,000) or that the top will be in for the S&P500 at 14,000 (Currently 5555)?

[solon]

The top seems such a long long time go (and we're 100 pts down on the S&P last night).

Really.  The VTI is down to levels not seen since the Great Depression Stagflation the Great Financial Crisis 12 days ago.

I'm actually still wondering what the XIV is.

XIV = 14



Roman Numerals Top Is In!

Solid research @techwiz but does it mean the top was in for the Nasdaq at 14,000 (currently 18,000) or that the top will be in for the S&P500 at 14,000 (Currently 5555)?

No, it means your 14 year old could pick stocks.

[Exflyboy]

Not a very "serious" thread this is it?

[Malossi792]

Not a very "serious" thread this is it?

Welcome to the madhouse!

[aboatguy]

[Alternatepriorities]

Wheeee!

[EliteZags]

hopefully the closest I'll come to qualifying for Wallstreetbets loss porn, though doesn't quite show how small the % is which would likely DQ it



have been surprisingly calm with this day


Woulda been worse if I hadn't rotated the remaining TTD I held into my ENPH recently

[Malossi792]

 

XIV breaking down

Earnings have been a reality check

[ChpBstrd]

XIV breaking down

Earnings have been a reality check

GDP has been a reality check.

Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast.

[Malossi792]

XIV breaking down

Earnings have been a reality check

GDP has been a reality check.

Real gross domestic product increased at a 2.8% annualized pace in the second quarter, above the 2.1% forecast.

But... But... The tippity TOP! This doesn't make sense

[aboatguy]

Fear has returned.  Is it time to buy or catching a falling knife?

Only Thorstach knows for certain.

[dividendman]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

[G-dog]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

[SwordGuy]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

Yeah, there is.  Andrew Jackson, plain as day.

[G-dog]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

Yeah, there is.  Andrew Jackson, plain as day.

Aha, behind the $5.  I rely too much on text.  Still, not sure we are up to $50 yet 😆

[Wintergreen78]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

Yeah, there is.  Andrew Jackson, plain as day.

Aha, behind the $5.  I rely too much on text.  Still, not sure we are up to $50 yet 😆

It is almost enough for a cheeseburger!

[Glenstache]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

Yeah, there is.  Andrew Jackson, plain as day.

Aha, behind the $5.  I rely too much on text.  Still, not sure we are up to $50 yet 😆

Silly rabbit! The gif is showing only what you have left after the top is done.

[G-dog]

That's the saddest "money gif" I have every seen. There's not even $20 in there.

Same - I saw all ones except for one five.

Yeah, there is.  Andrew Jackson, plain as day.

Aha, behind the $5.  I rely too much on text.  Still, not sure we are up to $50 yet 😆

Silly rabbit! The gif is showing only what you have left after the top is done.

Haha! 

[mjr]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

Microsoft permitted/certified Crowdstrike to install a device driver in ring 0 of Windiws whose behaviour is utterly dependent on data files supplied by Crowdstrike which clearly do not get certified by Microsoft.

That's just asking for trouble.  Microsoft are just as much to blame as Crowdstrike.

[RWD]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

Microsoft permitted/certified Crowdstrike to install a device driver in ring 0 of Windiws whose behaviour is utterly dependent on data files supplied by Crowdstrike which clearly do not get certified by Microsoft.

That's just asking for trouble.  Microsoft are just as much to blame as Crowdstrike.

Apparently Microsoft had to allow it kernel-level access due to EU meddling in 2009...
https://www.tomshardware.com/software/windows/microsofts-eu-agreement-means-it-will-be-hard-to-avoid-crowdstrike-like-calamities-in-the-future

Some good preliminary analysis here:
https://www.youtube.com/watch?v=ZHrayP-Y71Q

[aboatguy]

[GuitarStv]

Microsoft outage top is in

Crowdstrike isn't Microsoft.  While I've got no love for MS, this one wasn't their fault.

Microsoft permitted/certified Crowdstrike to install a device driver in ring 0 of Windiws whose behaviour is utterly dependent on data files supplied by Crowdstrike which clearly do not get certified by Microsoft.

That's just asking for trouble.  Microsoft are just as much to blame as Crowdstrike.

Apparently Microsoft had to allow it kernel-level access due to EU meddling in 2009...
https://www.tomshardware.com/software/windows/microsofts-eu-agreement-means-it-will-be-hard-to-avoid-crowdstrike-like-calamities-in-the-future

Some good preliminary analysis here:
https://www.youtube.com/watch?v=ZHrayP-Y71Q

Yeah, my understanding was that there was some sort of anti-competitive problem that forces MS to allow access to the kernel.  FWIW, this isn't just an MS problem either.  Crowdstrike caused similar system crashes on Linux machines a few weeks before the more widespread issue they pushed to Microsoft.

In the MS case, they pushed an update file (which doesn't have to be signed) out to systems that was blank, rather than having the expected data.  There was no error handling in the (signed and approved) Crowdstike driver running in the kernel.  (The signing and approval took place with good data files obviously).  This bad data then caused a null pointer exception, and since it is in the kernel level that results in a blue screen.  Because Crowdstrike had marked their driver as an essential driver that always has to run in the kernel, there was no way for windows users to disable Crowdstrike and allow the PC to boot properly without it (other than to run in safe mode, and then delete the bad data file).

Important to remember that the CEO of Crowdstrike was the CTO overseeing the 2010 widespread computer crashes caused by McAfee antivirus.

[Glenstache]

A little known ode to the Top:

When I get to the bottom I go back to the top of the slide,
Where I stop and I turn and I go for a ride,
Till I get to the bottom, and I see you again,
Yeah, yeah, yeah, yeah!

But do you, don't you, want me to love you?
I'm coming down fast, but I'm miles above you.

[Malossi792]

lil bit inaccurate (no crash at the bottom) but I like it!

[Glenstache]

It's crazy how much things have dropped the last few days. Do you realize we have to go back to mid-June of 2024 to reach SP500 values this low. Fear is rampant indeed!

[ATtiny85]

It's crazy how much things have dropped the last few days. Do you realize we have to go back to mid-June of 2024 to reach SP500 values this low. Fear is rampant indeed!

I have destroyed all records that are that old.

[J.P. MoreGains]

It's crazy how much things have dropped the last few days. Do you realize we have to go back to mid-June of 2024 to reach SP500 values this low. Fear is rampant indeed!

I have recently decided to track net worth at the end of each month - previously I've been doing it about quarterly. Saw a news article somewhere how things had dropped and felt some dissappointment. I got to be careful how closely I watch things to not get too emotional about it and keep a good long term perspective. Being kind of new to this I think I'm more easily influenced emotionally by ups and downs.

Also a bit emotional because I have a chance to be up 100k from September 23 to September 24... I'm about a month away and my contributions put me on track to make it. But if the market falls I could miss that goal. I would be bummed... would be amazing to say I increased my net worth by 100k in a year. So this milestone has me more emotionally connected to whatever will happen with the market. Probably not a good strategy to be all in on this goal but I've worked hard this year and want to make it.

[secondcor521]

Also a bit emotional because I have a chance to be up 100k from September 23 to September 24... I'm about a month away and my contributions put me on track to make it. But if the market falls I could miss that goal. I would be bummed... would be amazing to say I increased my net worth by 100k in a year. So this milestone has me more emotionally connected to whatever will happen with the market. Probably not a good strategy to be all in on this goal but I've worked hard this year and want to make it.

I would encourage you not to set goals that are reliant on external factors such as the market performance.  I would change your goal to "I will max out my 401(k) and Roth IRA" or something like that, which only depends on your actions.  Might help with the emotional aspect of things.

[SwordGuy]

Also a bit emotional because I have a chance to be up 100k from September 23 to September 24... I'm about a month away and my contributions put me on track to make it. But if the market falls I could miss that goal. I would be bummed... would be amazing to say I increased my net worth by 100k in a year. So this milestone has me more emotionally connected to whatever will happen with the market. Probably not a good strategy to be all in on this goal but I've worked hard this year and want to make it.

I would encourage you not to set goals that are reliant on external factors such as the market performance.  I would change your goal to "I will max out my 401(k) and Roth IRA" or something like that, which only depends on your actions.  Might help with the emotional aspect of things.

Excellent advice!   When you buy stocks or a bond fund, you aren't buying a dollar value of goods, you are buying shares.   Dollar values fluctuate, sometimes greatly.   Focus on tracking your savings rate, not any given ephemeral value of your portfolio.

[Tyson]

Also a bit emotional because I have a chance to be up 100k from September 23 to September 24... I'm about a month away and my contributions put me on track to make it. But if the market falls I could miss that goal. I would be bummed... would be amazing to say I increased my net worth by 100k in a year. So this milestone has me more emotionally connected to whatever will happen with the market. Probably not a good strategy to be all in on this goal but I've worked hard this year and want to make it.

I would encourage you not to set goals that are reliant on external factors such as the market performance.  I would change your goal to "I will max out my 401(k) and Roth IRA" or something like that, which only depends on your actions.  Might help with the emotional aspect of things.

Excellent advice!   When you buy stocks or a bond fund, you aren't buying a dollar value of goods, you are buying shares.   Dollar values fluctuate, sometimes greatly.   Focus on tracking your savings rate, not any given ephemeral value of your portfolio.

Who knew that the best investing advice would be found in a meme thread?

[Glenstache]

Or you can listen to this guy for advice: