Took 70% of my cash and put it into the stock market

DoubleAtotheRON

Well-Known Member
@DoubleAtotheRON
So where is the market headed?
Im def no expert, but I see the Energy sector staying strong/steady growth. Pharma stocks are going to rise as we go into Flu season this Fall/Winter. Tech Sector is all over the map. Kinda wished I would have played the rollercoaster ride on BABA. I don't even pay attention to Crypto. It's been kinda of a weird year or so. We didn't really go into a Bear Market, but it was Bearish. The good news long term is that Bearish Markets don't last nearly as long as Bull Markets... even tho we just had the longest Bull run in history up until around 2021. But, if history repeats itself (and it usually does), then long term, we'll see the Dow exceed the 37,000 mark in the next 2 years as the feds settle down and start thier target drop to around 2%. ... we shall see.
 

Meast21

Well-Known Member
Im def no expert, but I see the Energy sector staying strong/steady growth. Pharma stocks are going to rise as we go into Flu season this Fall/Winter. Tech Sector is all over the map. Kinda wished I would have played the rollercoaster ride on BABA. I don't even pay attention to Crypto. It's been kinda of a weird year or so. We didn't really go into a Bear Market, but it was Bearish. The good news long term is that Bearish Markets don't last nearly as long as Bull Markets... even tho we just had the longest Bull run in history up until around 2021. But, if history repeats itself (and it usually does), then long term, we'll see the Dow exceed the 37,000 mark in the next 2 years as the feds settle down and start thier target drop to around 2%. ... we shall see.
So you don't see the SP500 getting below 3600 anytime soon?
 

DoubleAtotheRON

Well-Known Member
So you don't see the SP500 getting below 3600 anytime soon?
Although it HAS dropped below that in the past 12 months, it's still trending up (almost 20%) over the past year.... The top 3 companies that comprise the S&P are strong, and take up almost 50% of the whole index which include sectors of Information Tech, Healthcare, and Financials. The dip happened right about the time the Feds posted thier 4th rate hike of .75 bias points back in Sept. So, I think this was the catalyst that brought it down temporarily. So, looking forward, the last Fed reserve meeting did not raise or lower the Fed reserve rate. Which is good. They are seeing a cooling on inflation. Thier plan is to monitor this "cooling off", and ideally start lowering it back down. So, hopefully, we'll still see growth in the S&P in the future.
 

Meast21

Well-Known Member
Although it HAS dropped below that in the past 12 months, it's still trending up (almost 20%) over the past year.... The top 3 companies that comprise the S&P are strong, and take up almost 50% of the whole index which include sectors of Information Tech, Healthcare, and Financials. The dip happened right about the time the Feds posted thier 4th rate hike of .75 bias points back in Sept. So, I think this was the catalyst that brought it down temporarily. So, looking forward, the last Fed reserve meeting did not raise or lower the Fed reserve rate. Which is good. They are seeing a cooling on inflation. Thier plan is to monitor this "cooling off", and ideally start lowering it back down. So, hopefully, we'll still see growth in the S&P in the future.
How much higher can this market go?
 
Top