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"Stocks have been in a sideways struggle since the Standard & Poor’s 500 last peaked on Jan. 26." Is this really true? Almost every single stock I've been trac

"Stocks have been in a sideways struggle since the Standard & Poor’s 500 last peaked on Jan. 26." Is this really true? Almost every single stock I've been tracking has just been going up this year, especially the tech ones. Even ones with decreasing revenues like GoPro.

wgerard 8y ago
Yes: https://www.nasdaq.com/symbol/spy/stock-chart https://www.nasdaq.com/symbol/spy/stock-chart https://investor.vanguard.com/etf/profile/performance/vti https://investor.vanguard.com/etf/profile/performance/vti
kgwgk 8y ago
Going up this year or going up since January 26?
icedchai 8y ago
It's basically true, except for some sectors, like tech...
scrooched_moose 8y ago
Ford has been sliding for 5 years: https://finance.yahoo.com/quote/F?ql=1&p=F https://finance.yahoo.com/quote/F?ql=1&p=F GE has been in freefall: https://finance.yahoo.com/quote/GE?p=GE&.tsrc=fin-srch https://finance.yahoo.com/quote/GE?p=GE&.tsrc=fin-srch Honeywell has basically been stagnate since January: https://finance.yahoo.com/quote/HON?p=HON&.tsrc=fin-srch https://finance.yahoo.com/quote/HON?p=HON&.tsrc=fin-srch Same with 3M: https://finance.yahoo.com/quote/MMM?p=MMM&.tsrc=fin-srch https://finance.yahoo.com/quote/MMM?p=MMM&.tsrc=fin-srch The S&P500 index as a whole has crept up a little but many of them are struggling. Edit: I can't figure out how to get it to link to the 5 year charts, which is how I was looking at it.
- toomuchtodo 8y ago
  What about Walgreens (with their recent replacement of GE on the DJIA)? Edit: Yep, Walgreens also not much higher vs 5 years ago. https://finance.yahoo.com/quote/WBA?p=WBA https://finance.yahoo.com/quote/WBA?p=WBA
  - scrooched_moose 8y ago
    They're down about 10% on the year: https://finance.yahoo.com/quote/WBA?p=WBA&.tsrc=fin-srch https://finance.yahoo.com/quote/WBA?p=WBA&.tsrc=fin-srch Also hadn't seen that news. Interesting.
    - toomuchtodo 8y ago
      GE long term is dead as an industrial conglomerate powerhouse, destined to be parted out. Jack Welch turned them into a bank, and then they divested the bank (now Synchrony). Very disappointing.
      - ericd 8y ago
        Interesting, I didn't realize they had multiple retail banks (GE Capital Bank became Marcus, Goldman Sachs' retail bank).
        toomuchtodo 8y ago
        GE Capital’s deposits platform went to Goldman, the lending went to Synchrony. I don’t have the background on why it wasn’t acquired as a whole, but I’m sure the information exists online.
        ericd 8y ago
        Oh, I see. Was never very impressed with Synchrony. They used to address all my mail to Null Null, a bit disconcerting for an organization who ostensibly has to program systems to keep track of how much money they need to give me back.
        jessaustin 8y ago
        "We will make a list of our clients, and how much money each of them has given us to invest. We will keep this list in a safe place. If we have time, we will make a copy of the list, in case something happens to the first list."
- jedberg 8y ago
  It's interesting if you look at the winners and losers in the S&P500, most of the winners are new tech, most of the losers are old tech or non-tech. So the question is, are the new-tech companies the only thing propping up the S&P500, or are they truly the "new economy" and will continue to thrive while all others fail?
  - mistermann 8y ago
    This sounds pretty familiar to the broader economy and labor force. New economy companies on the coats are killing it, enough to make overall GDP look spectacular, but if you look behind that impressive headline number and the corresponding don't worry be happy cheerleading, things don't look so pretty. I sometimes wonder if this inconsistency between perspective of view of the same reality might also have an effect on individual opinions.
- onlyrealcuzzo 8y ago
  Yeah, FAANG+M and the banks make up the vast majority of the rise in the stock market. Mostly because of tax cuts, stock buybacks, and interest rates going up.
ISL 8y ago
The language of financial reporting is always amusing, when compared with any other commodity. "Milk has been in a sideways struggle since January 26. Carrots, too."
- CompelTechnic 8y ago
  When stocks rise, people win. When milk gets more expensive, it may be that the milk producers are extracting more profits from the consumer, or it may be because their costs have risen and they need more revenue to even keep up. When the latter is true, no one wins.
coliveira 8y ago
Except for major recessions, you can always find a basket of stocks that are going up in price. You have to look at broad market indexes like SP500 or RUT to get a better feeling of the market.

wgerard 8y ago

Yes: https://www.nasdaq.com/symbol/spy/stock-chart https://www.nasdaq.com/symbol/spy/stock-chart https://investor.vanguard.com/etf/profile/performance/vti https://investor.vanguard.com/etf/profile/performance/vti

kgwgk 8y ago

Going up this year or going up since January 26?

icedchai 8y ago

It's basically true, except for some sectors, like tech...

scrooched_moose 8y ago

Ford has been sliding for 5 years: https://finance.yahoo.com/quote/F?ql=1&p=F https://finance.yahoo.com/quote/F?ql=1&p=F GE has been in freefall: https://finance.yahoo.com/quote/GE?p=GE&.tsrc=fin-srch https://finance.yahoo.com/quote/GE?p=GE&.tsrc=fin-srch Honeywell has basically been stagnate since January: https://finance.yahoo.com/quote/HON?p=HON&.tsrc=fin-srch https://finance.yahoo.com/quote/HON?p=HON&.tsrc=fin-srch Same with 3M: https://finance.yahoo.com/quote/MMM?p=MMM&.tsrc=fin-srch https://finance.yahoo.com/quote/MMM?p=MMM&.tsrc=fin-srch The S&P500 index as a whole has crept up a little but many of them are struggling. Edit: I can't figure out how to get it to link to the 5 year charts, which is how I was looking at it.

toomuchtodo 8y ago
What about Walgreens (with their recent replacement of GE on the DJIA)? Edit: Yep, Walgreens also not much higher vs 5 years ago. https://finance.yahoo.com/quote/WBA?p=WBA https://finance.yahoo.com/quote/WBA?p=WBA
- scrooched_moose 8y ago
  They're down about 10% on the year: https://finance.yahoo.com/quote/WBA?p=WBA&.tsrc=fin-srch https://finance.yahoo.com/quote/WBA?p=WBA&.tsrc=fin-srch Also hadn't seen that news. Interesting.
  - toomuchtodo 8y ago
    GE long term is dead as an industrial conglomerate powerhouse, destined to be parted out. Jack Welch turned them into a bank, and then they divested the bank (now Synchrony). Very disappointing.
    - ericd 8y ago
      Interesting, I didn't realize they had multiple retail banks (GE Capital Bank became Marcus, Goldman Sachs' retail bank).
      - toomuchtodo 8y ago
        GE Capital’s deposits platform went to Goldman, the lending went to Synchrony. I don’t have the background on why it wasn’t acquired as a whole, but I’m sure the information exists online.
        ericd 8y ago
        Oh, I see. Was never very impressed with Synchrony. They used to address all my mail to Null Null, a bit disconcerting for an organization who ostensibly has to program systems to keep track of how much money they need to give me back.
        jessaustin 8y ago
        "We will make a list of our clients, and how much money each of them has given us to invest. We will keep this list in a safe place. If we have time, we will make a copy of the list, in case something happens to the first list."
jedberg 8y ago
It's interesting if you look at the winners and losers in the S&P500, most of the winners are new tech, most of the losers are old tech or non-tech. So the question is, are the new-tech companies the only thing propping up the S&P500, or are they truly the "new economy" and will continue to thrive while all others fail?
- mistermann 8y ago
  This sounds pretty familiar to the broader economy and labor force. New economy companies on the coats are killing it, enough to make overall GDP look spectacular, but if you look behind that impressive headline number and the corresponding don't worry be happy cheerleading, things don't look so pretty. I sometimes wonder if this inconsistency between perspective of view of the same reality might also have an effect on individual opinions.
onlyrealcuzzo 8y ago
Yeah, FAANG+M and the banks make up the vast majority of the rise in the stock market. Mostly because of tax cuts, stock buybacks, and interest rates going up.

ISL 8y ago

The language of financial reporting is always amusing, when compared with any other commodity. "Milk has been in a sideways struggle since January 26. Carrots, too."

CompelTechnic 8y ago
When stocks rise, people win. When milk gets more expensive, it may be that the milk producers are extracting more profits from the consumer, or it may be because their costs have risen and they need more revenue to even keep up. When the latter is true, no one wins.

coliveira 8y ago

Except for major recessions, you can always find a basket of stocks that are going up in price. You have to look at broad market indexes like SP500 or RUT to get a better feeling of the market.