Top is in

[dragoncar]

I'm very angry about the market dropping this week because I can't buy more shares until I'm paid again. It's so unfair.

I’m mostly mad because it dropped RIGHT at the end of the month and I almost got a new all time high (Intramonth I did but it doesn’t really count if it’s not in my excel spreadsheet)

Top on the first of the month means a good looking stache spreadsheet. Top on the first of the month also means more expensive stock purchase. The struggle is real.

Ancient battle between accumulators and .. uh.. de-accumulators

[dividendman]

Election top is in?

[frugalnacho]

Election top is in?

Trump called it after a flagrant personal intentional foul by Biden for trying to count all the votes.  Since Trump was ahead at the time it's only fair he won. 

[dandarc]

Election top is in?

Trump called it after a flagrant personal intentional foul by Biden for trying to count all the votes.  Since Trump was ahead at the time it's only fair he won. 

By that measure, Biden won when that town in New Hampshire voted 5-0 for him. A true landslide!

[frugalnacho]

By that measure, Biden won when that town in New Hampshire voted 5-0 for him. A true landslide!

You can't do that.  You have to stop when Trump is ahead.

[dividendman]

I was saying election top for the markets! The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

[BigMoneyJim]

The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

This is the most sensible-sounding thing I've heard about the markets this year, seriously.

[Travis]

The markets are loving the election outcome.

No landslide means gridlock and no changes... perfect.

This is the most sensible-sounding thing I've heard about the markets this year, seriously.

The stock market does seem to be a big fan of predictability since it is a forward-looking entity.

[dragoncar]

Oh it’s in

[Much Fishing to Do]

Pfizer just reported great results on their vaccine trials and will apply with FDA next week. Rocket up this morning, noon today will be 2020 top.

[HPstache]

Looks like the MOAT was not in

[Steeze]

Just happy I got to live long enough to witness the top one last time

[dandarc]

Note to self: compute net worth on tonight's closing prices.

[BicycleB]

Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.

[dandarc]

Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.

I don't think it is likely, and won't know until I add it all up obviously. But tonight might be 2nd comma night.

[frugalnacho]

I did my monthly net worth calculations last night, and holy shit they were the highest they've ever been.  Should waited until today, it would be another $18k or so if the markets close close to the current prices. 

[techwiz]

Note to self: compute net worth on tonight's closing prices.

LOL!

@dandarc, you are a classy individual.

I don't think it is likely, and won't know until I add it all up obviously. But tonight might be 2nd comma night.

Are you saying the 2nd comma Top is in?

[matchewed]

I did my monthly net worth calculations last night, and holy shit they were the highest they've ever been.  Should waited until today, it would be another $18k or so if the markets close close to the current prices.

Yeah I know that it's just a news surge and while it may stay at this level or go up or go down it is still crazy to think that nearly my annual expenses just popped up as an increase to my networth given today's market performance.

[caracarn]

Note to self: compute net worth on tonight's closing prices.

Is this Donald Trump's MMM account?

[dandarc]

Note to self: compute net worth on tonight's closing prices.

Is this Donald Trump's MMM account?

The top is definitely in on this particular user's support of the republican party. Calling it really late though - must be at least 10 years since that particular peak was reached.

Of course, that does not necessarily mean that I'm not Donald Trump . . .

[habanero]

Over here in Europe the Spanish equity market had a stellar day on the news and ended up 8.5% on the day. If it repeats that performance tomorrow as well it will be at just over 50% top. Their  "top is in" thread is not overly active despite that previous top was on the 8th of November. November 8th 2007, that is.

 

[Steeze]

Over here in Europe the Spanish equity market had a stellar day on the news and ended up 8.5% on the day. If it repeats that performance tomorrow as well it will be at just over 50% top. Their  "top is in" thread is not overly active despite that previous top was on the 8th of November. November 8th 2007, that is.

Ouch. Good thing that could never happen here ....

Right guys? That could never happen here right? RIGHT!?!

[Alternatepriorities]

Note to self: compute net worth on tonight's closing prices.

Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...

[BicycleB]

Note to self: compute net worth on tonight's closing prices.

Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...

If it's charged to the company account, a little jet here and there wouldn't offend anyone, would it?

[Wintergreen78]

Personal all-time top is in. I quit working on January 30 2018, right when that top was in, then bought a brand new car this January, just a little before that top. I actually have a job interview this Wednesday, so I’m really confused why this top is happening now.

[Alternatepriorities]

Personal all-time top is in. I quit working on January 30 2018, right when that top was in, then bought a brand new car this January, just a little before that top. I actually have a job interview this Wednesday, so I’m really confused why this top is happening now.

Hmm, my personal top is in too... It's like we're riding the same wave!

[vand]

Interesting that Nasdaq was so weak yesterday, actually finishing well down on the day, as people rotated out of the world of tech, SAAS, and bought more traditional businesses.

It may be that the great tech outperformance of the last few years is starting to unwind itself.. my value stocks did amazing yesterday and have had good follow through today.

[DadJokes]

Interesting that Nasdaq was so weak yesterday, actually finishing well down on the day, as people rotated out of the world of tech, SAAS, and bought more traditional businesses.

It may be that the great tech outperformance of the last few years is starting to unwind itself.. my value stocks did amazing yesterday and have had good follow through today.

That is interesting. The tech ETF in my IRA was down for the day as well (albeit still up 8.7% for the month).

I guess technology top was in two days ago. At this rate, we'll be back to living in caves and writing with chisel and stone by the end of the month.

[caracarn]

Note to self: compute net worth on tonight's closing prices.

Is this Donald Trump's MMM account?

Surely using a 757 for personal transportation disqualifies one from setting up an account here...

Oh, I did not realize we had to submit our assets for admission to MMM.  Glad i was in before that was taking place.

[maizefolk]

A lot of big tech stocks would have stronger long term earning potential in a world were everyone is working from home than a world where people go back to the office. Makes sense to me that the vaccine news would be good for most companies and neutral to slightly bad for tech stocks.

[dandarc]

$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

[Alternatepriorities]

$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...

[Steeze]

If I discount all my future earnings including social security I am in the two comma club already!

[Wintergreen78]

I just did some present value calculations, made some interest rate and inflation assumptions. I’m in the two comma club!

Why didn’t you tell me it is this easy?

[dandarc]

$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...

Unless my wife's 457b went down (2045 fund there - I'd expect that went up like everything else did today), indeed we did! Woo!

[Alternatepriorities]

$4500 short. Boo. Or perhaps time to start recording our cars on the asset side of the ledger. Or decide to start taking Zillow's word for it on house value rather than last time I got a formal appraisal. Top is in on accounting tricks related to my personal budget!

Did you make it today?

Just another day another top over here...

Unless my wife's 457b went down (2045 fund there - I'd expect that went up like everything else did today), indeed we did! Woo!

Congratulations on putting in a new Top!

[HPstache]

Lemme be the first to say... TOP IS IN

[Alternatepriorities]

Lemme be the first to say... TOP IS IN

Damn, I just came here to say that.

We even have three days to enjoy it this time.

[Mr Mark]

Not a deep crater as the S&P 500 is still up for the year...

But if it keeps dropping 15 points every half hour the S&P 500 will hit zero within less than seven weeks.

My net worth dropped the equivalent of 3 weeks salary. We're doomed.

Nah, just don't buy anything for 3 weeks. Solved!

It takes me 2 months to spend 3 weeks salary. I'm a terrible consumer.

There's an app for that.

it's called ... Amazon

[Mr Mark]

Lemme be the first to say... TOP IS IN

The market's AI advisors really like a divided US gov [positive correlation to stock market gains] and a one term President [positive correlation to stock market gains], and low rates 4-EVAH! [positive correlation to stock market gains], ...

top is not yet in

[BicycleB]

LOL

[UnleashHell]

Lemme be the first to say... TOP IS IN

The market's AI advisors really like a divided US gov [positive correlation to stock market gains] and a one term President [positive correlation to stock market gains], and low rates 4-EVAH! [positive correlation to stock market gains], ...

top is not yet in

HERETIC!!!!!
get ya pitchforks people!

[maizefolk]

Top was in as soon as we handed our investments over to AI. Minds that are to our minds as ours are to those of the beasts that perish, intellects vast and cool and unsympathetic, regarded this Earth market with envious eyes, and slowly and surely drew their plans against us. In a panic we'll try to pull the plug, but skynet the auto-advisor AIs will fight back.

[BicycleB]

Leave it to someone whose screen name is based on a plant to point out that the top is in for living flesh.

[ender]

The enemies gate top is down up.

[GuitarStv]

Leave it to someone whose screen name is based on a plant to point out that the top is in for living flesh.

I know.  I was just hoping for some corny jokes.

[maizefolk]

The enemies gate top is down up.

I see what you did there.

[bthewalls]

It’s gonna be disappointing when normal average annual returns come back

[SwordGuy]

It’s gonna be disappointing when normal average annual returns come back

S&P 500 YTD return is 10.97%, which is not very much over the historical US market average. 

For those of you with larger portfolios, a 10% rate of return is pretty sweet.

[SwordGuy]

S&P 500 up almost another 0.92%.

The market just "shot to the top" over the covid vaccine news...