This chart shows how 2019's monster stock market comeback is not driven by fundamentals

Discussion in 'Wall St. News' started by Altavest_Erik, Mar 4, 2019.

  1. RedDuke

    RedDuke

    And buybacks are financed by debt. Hey, what can possibly go wrong.
     
    #11     Mar 4, 2019
  2. %%
    Typical DB+ looked @ thier stock price lately LOL?? The market do NOT ''have to do ''any such thing.As far as ''value'' those stocks hardly ever do as well as groWth stocks.BUT DB is so far below 200day ma LOL....................................................................; + most stocks/ETFs are above 200 ma, what could possibly be wrong with that pic??LOL:D:D
     
    #12     Mar 4, 2019
  3. ironchef

    ironchef

    The economist and professional traders told us that the stock market is a leading indicator, not a lagging indicator.

    In that case, the market last quarter predicted the slow down of GDP and perhaps the upswing in the market predicts the recovery of GDP growth?
     
    #13     Mar 4, 2019
    murray t turtle likes this.
  4. Buy1Sell2

    Buy1Sell2

    Markets are rarely driven by fundamentals. (markets are driven by perception of fundamentals and emotions.)Nothing to see here.
     
    #14     Mar 4, 2019
    murray t turtle likes this.
  5. %% I dont know if i would use the word predict; forecast that ?? Could be ;+maybe people simply dont want to but y bonds of oversize gov.; stocks still look much better

    And DB is doing the oldest trick in the book; point out other's faults real or imagined, hoping none would think to check DB stock price.LOL I dont really know if DB is as badly run as TSLA{Edit late , looks like SPY, QQQ closes up from DB ''analysis'', even if down from close yesterdays. LOL his comments may have moved markets up, if any pay attention to a low priced bank stock picker,LOL ??}
     
    Last edited: Mar 4, 2019
    #15     Mar 4, 2019