Hows the stock market doing from a broad perspective?

Question

I don't pretend to be a student of the market. I'm getting ready to make some investments.

Would you say the market is

Becoming more stable?

Down, and still going down for some time to come?

Rebounding, and getting ready to head North?

Let me know your thoughts about the current market.

Thanks

Answer 1

It is not doing well at all.  It may be some time before the bear market ends.  

Answer 2

The price to earnings ratio are high, Bull markets NEVER start at this level of P/E

Earnings and profits are shrinking, Come back and ask your question in a year.

Answer 3

my answer is "Down, and still going down for some time to come".

some of the best commentary out there on global stock and commodity markets is from the "Sovereign Society" and "Money Morning". i would also throw in "Whiskey & Gunpowder" for good measure.

Answer 4

What the market is doing, it is pausing.  We are in a Bear market, that means a sustained down trend lasting over 2 quarters.

Watch out for bullish rallies in a bear trend because they end quickly.

Market makers are luring investors back in the market.  There isn't enough investor positions in the last push down so the market rallies in relief, convinces investors that it is safe to go in for the long term.  You will hear all the pundits screaming it is time to buy, there are bargains to be had.

The market has a lot of  house cleaning left.  Commodoties are taking a break from their highs, and will be rebounding very soon.  Same with Oil.  In a few more months we will see oil prices heading up.

Watch out for real estate pundits, saying that the market has hit bottom.  One that will come up is Las Vegas.  Prices have been discounted quite heavily but the bottom is not in.  This is the biggest buyers month in the season and it is still laggin from the highs 3  year s ago.  The inventories are huge and there will be more as adjustables are maturing.  This fall winter will bring a further meltdown.

This is just what I see from technical trading and observing the market.