Seeking Alpha

Market ends year on positive note

  • Dow +0.46% to 16581. S&P +0.38% to 1848. Nasdaq +0.54% to 4176.
  • Treasurys: 30-year -0.66%. 10-yr -0.32%. 5-yr -0.16%.
  • Commodities: Crude -0.69% to $98.61. Gold -0.02% to $1203.6.
  • Currencies: Euro -0.3% vs. dollar. Yen +0.14%. Pound -0.37%.
Comments (5)
  • More gains wow! Media like CNBC, Boomberg etc and some of the blogs are been corrupted by the financial firms who pay for them so always are pushing up stocks even at these levels inspite of knowing valutions are extreme

     

    -- Corp debt up fron 6.5T to 12.5Trillion in 5 years.
    -- Stocks up 180% in 5 years.
    -- 10 Treasy Yields > 3%
    -- PE are at almost the highest levels Shiller PE > 26 now, small caps are far wost.
    -- Margin debt close to 500B and growing. Higest ever now

     

    Mkt Makers are holding a big load of inventory and using algos to keep the mkt up buying and selling among them self.

     

    After 2 crashes in 10 years if people get in now sure to get killed. Leave the last 5% to greedy folks and move to cash (no bonds and no stocks). 401K holders need to move to Money market founds even to preserve wealth. FYI, my retirement funds are moved 98% to Money market funds now.
    31 Dec 2013, 05:15 PM Reply Like
  • The market will go down eventually. Some of us would like to make money before that day comes so we will follow the trend.
    31 Dec 2013, 06:15 PM Reply Like
  • sl1oo
    Perhaps another view is warranted

     

    http://bit.ly/ZuafPa

     

    http://seekingalpha.co...
    31 Dec 2013, 05:19 PM Reply Like
  • Like entrust it with ED better than a CD.
    1 Jan, 06:14 AM Reply Like
  • VIX is acting weird. Before the crash of 2007, it was acting like this for a few months. Eventually SPY will take a major dip. But it does not look like January.
    1 Jan, 05:25 AM Reply Like
DJIA (DIA) S&P 500 (SPY)