Australian (ASX) Stock Market Forum

The Top of the market is Looming?

" It was a sobering reminder that the economic foundations supporting Wall Street’s record highs this week may not be that strong. "

"Trading Day: Now that’s a reality check"


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Amongst that though, we have managed to keep our 10% tariff.
The lucky country. I wonder how other allies have fared.

😂
after looking at Wally Street and others this morning a serious transfusion is required.
 
So we came out of that potential correction ok. @DaveTrade support largely held up overall.
I'm not across what sectors did have a good fall but certainly silver and uranium had a good hit.
Markets now looking for a new all time high it seems.
I'm not greatly comfortable being nearly all in, but heck, a trend is a trend!
Who am I to blow against the wind?

Portfolio up 7.5% this week, but was in a downtrend for a week and a half prior, giving back around 16+%. Such is the life of mostly spec holding. No trades since the 18th of July.
Have started a superannuation holding of 4 stocks on Friday a week ago.
I purchased JDO, BOE (both last Friday), VUL & STX (Friday yesterday), all are ASX300 stocks as that's all the super fund allows.
+4% on that lot, can't afford for those to stonk out on me though!
 
Close out all you gains. Gonna be a rough 2 months from here. Go away in August and come back in October at the -15%+ low for the Santa rally. Turmoil in Gaza and no peace in Ukraine. TACO man at it again. Plus inflation rising in the US, even with a trump appointed member Fed won’t lower rates and inflation baked in for EOY 2025.
 
Just a thought!

Is there such a Thing as a Top?

My thoughts are when there is plenty of money in circulation there are buyers & when the Circulation of Money Slows or Comes to a halt then people have no Choice but to sell creating the sell off of stocks to lift the supply of money.

Am i wrong to think a crash is simply as a result of none or very little Money in circulation, a supply & demand Thing?

I Mean most crashes are the Result of the over use of money such as Banks or those who use too much Leverage.

Am i away with the fairies in my thoughts?
 
Just a thought!

Is there such a Thing as a Top?

My thoughts are when there is plenty of money in circulation there are buyers & when the Circulation of Money Slows or Comes to a halt then people have no Choice but to sell creating the sell off of stocks to lift the supply of money.

Am i wrong to think a crash is simply as a result of none or very little Money in circulation, a supply & demand Thing?

I Mean most crashes are the Result of the over use of money such as Banks or those who use too much Leverage.

Am i away with the fairies in my thoughts?
@ShareSuccess well put
 
Just a Thought

When The Big boy's in Town are Buying defensive stocks, Then i may Consider this to be a sign that the Market is Getting a little Froffy so to speak!

IMHO when we start to see Large Volume on a Daily basis in this area then that is a time to take notice, observe & watch the Market closely!:)
 
a thoughtful thought, full of thoughts, from a player

" ....In broad brush terms I see the stagflationary forces intensifying in the United States, as they have been in the United Kingdom.

"In addition, I believe the U.S economy increasingly resembles a one-cylinder engine, with that cylinder being AI and all the related spending.

"The U.S housing market remains in the deep freeze; manufacturing is in the doldrums and consumer spending is anaemic.

"All of this leads me to believe that the recent equity market euphoria is due for a reality check before October.

P.S Take a quick look at long-term European government bond yields.

"30-year government bond yields in Germany, France, U.K, Spain, Portugal, and the Netherlands are making new post-COVID highs.German and French 30-year bond yields being at the highest levels since 2011
...."
 
The problem is well defined in the title of the thread. "Looming".

1755475006425.png

So, everyone feels the plunge is looming. It is appearing, it is over the horizon, indistinct and threatening. Many who leave the market miss out on much profit. As to whether to stay in the market or get out ... "To be or not to be, that is the question". You can quote me on that.

gg
 
The problem is well defined in the title of the thread. "Looming".

View attachment 206265

So, everyone feels the plunge is looming. It is appearing, it is over the horizon, indistinct and threatening. Many who leave the market miss out on much profit. As to whether to stay in the market or get out ... "To be or not to be, that is the question". You can quote me on that.

gg
I think it would be handy to take some money off the table. the Stockmarket can't keep making record highs to infinity and I'm worried about to much euthoria in the market.
 
I think it would be handy to take some money off the table. the Stockmarket can't keep making record highs to infinity and I'm worried about to much euthoria in the market.
I agree. There are many articles beginning to appear in the financial press. I think I'll wait though until the AI bot in elevators starts recommending stocks to buy. Many studies quote 6 months to as long as 2 years between talk of a top/plunge and it actually occurring.

gg
 
The problem is well defined in the title of the thread. "Looming".
in my surfer days, we developed our own vocabulary, sitting out the back. Talking potential surfable swells
Screenshot_20250818_104248_Google~2.jpg
When first discerned, a potential 3-4-5 ft wave was a Loomer, and when it sat up, ready to break, then it became a Boomer, ready to ride

This may seem.like an exercise in nostalgia, but it can inform a view on what may happen. Many events contribute to the narrative of future market direction and possible conniptions, and until the wave is about to break, we aren't sure we're in the right spot, ready for ride of your life, the barrel of fun or about to get dumped and washed onto the shore.

Now for the nostalgia; Boomer Creek runs into Little Swanport on Tassie's East Coast, and returning from a good surf at our favourite spot, Cam said he wanted the roadsign. He stopped the car and broke it off - it was big, longer than you'd think, and we put it on the racks with the boards, to adorn his shed at home. Good times,... Cam died of leukaemia in the early 1970s
 
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