Is the stock market over heating?

A_Flock_Of_Sheep

IP High Income is down about 3p today. IP Japan I bailed from today down over 18p.

Glastoun

A_Flock_Of_Sheep wrote: »

IP High Income is down about 3p today. IP Japan I bailed from today down over 18p.

What about tomorrow?

A_Flock_Of_Sheep

Glastoun wrote: »

What about tomorrow?

I'll PM you when it updates this time tomorrow and tell you. Bloody annoying thing about funds is the lag in price changes. Not real time like shares

Jegersmart

bowlhead99 wrote: »

In context, 6660 to 6680 is where the market was last Friday morning. Now 4-and-a-half to 5 business days later, it is in the same place. That is no major correction. If at the end of the year you looked at the historic charts drawn from weekly or monthly data points, you wouldn't see it.
.

Agreed, but every correction or crash starts with some downward movement, be it 0.3%, 1.5% or 7%. I don't think we are going to tank, but one cannot ignore price movement purely because "the price is now the same again as last week".

Stick around, you might learn something.

J

Charlton_King

Stay out of the stock market. The bubble is about to burst.

StevieJ

Dow nudges into the black, panic over?

atush

A_Flock_Of_Sheep wrote: »

This flock of nervous sheep is scared

This is why on your other thread people said to learn first. You sold today, in a panic. When maybe, buying would have been better?

blinko

The way I see it , better than expected US numbers came out the market ignored, china manufacturing data came out the market didn't like and they ran.

Overall what has changed ?

Thrugelmir

A_Flock_Of_Sheep wrote: »

So is everyone here selling up?

"Sell in May and go away; don't come back till St Leger Day"

Proven as far back as 1694.

srcandas

blinko wrote: »

The way I see it , better than expected US numbers came out the market ignored, china manufacturing data came out the market didn't like and they ran.

Overall what has changed ?

Blinko an interesting question. I think what is evident from happenings in the last 36 hours is that the situation is very fragil. Very few are convinced that fundamental problems (within Europe/Euro, in Asia, in China, sovereign debt, tax, .....) have been resolved and talk of green shoots of recovery are rather optimistic. But most accept that the upward trend of the markets is not because the markets offer good value but because property, savings, gold, ... etc. do not look very attractive.

Be interesting to see the far east tomorrow. I just bought Indonesia so I'm not negative but equally that is part of an ongoing buy strategy

I think I might dump my Natural Resources and have a look in a couple of years. Those green shoots need more time