fed hiking rate, markets tumble

[krafty]

Commodity rout unnerves investors anticipating higher rates

Looming Fed sparks high-yield debt selloff, contagion fears

http://www.bloomberg.com/news/artic...orst-week-since-august-as-fed-anxiety-spreads

 

[Wunderfool]

The market is always fickle minded. One day it is happy like a lark and the next he is depressed and suicidal.

Never follows his mood or you will become like him. Stick to your strategies. Buy when everyone is bleeding . Sell when everyone is drunk.

 

[krafty]

The market is always fickle minded. One day it is happy like a lark and the next he is depressed and suicidal.

Never follows his mood or you will become like him. Stick to your strategies. Buy when everyone is bleeding . Sell when everyone is drunk.

normally, financial crisis happens when all are not aware. i doubt it will happen as everyone already knows that global slowdown is going on.

 

[po2wq]

wat tumble?

fun managers reducing their potfolios b4 their having fun @ bitches la ...

 

[Wunderfool]

normally, financial crisis happens when all are not aware. i doubt it will happen as everyone already knows that global slowdown is going on.

The China slowdown is the big unknown for the market's direction. It is affecting commodities, oil and even financials markets. The fear of "impending market recession" is causing people to hold back on spending and investment , creating a downward spiral and self-fulfilling prophecy of doom and gloom. You will hear more and more from the news.

In a sense, you are quite right to say that financial crisis normally happens unaware. Like when there is a flight of capital due to extremely dire events like a lehman brothers' collapse, a sub-prime housing crisis, a war breakout, a currency run or a political turmoil. But you can smell it by seeing some of the writings on the wall.

 

[mojito]

The market is always fickle minded. One day it is happy like a lark and the next he is depressed and suicidal.

Never follows his mood or you will become like him. Stick to your strategies. Buy when everyone is bleeding . Sell when everyone is drunk.

No such thing as strategy. Only decision is hold, or fold. Simple as that. Switch here switch there rebalance portfolio is for career fund managers to keep their brokers afloat for freebies. Only stupid people pay movers to shift furniture within their own house.

 

[uvwxyz]

normally, financial crisis happens when all are not aware. i doubt it will happen as everyone already knows that global slowdown is going on.

The China slowdown is the big unknown for the market's direction. It is affecting commodities, oil and even financials markets. The fear of "impending market recession" is causing people to hold back on spending and investment , creating a downward spiral and self-fulfilling prophecy of doom and gloom. You will hear more and more from the news.

In a sense, you are quite right to say that financial crisis normally happens unaware. Like when there is a flight of capital due to extremely dire events like a lehman brothers' collapse, a sub-prime housing crisis, a war breakout, a currency run or a political turmoil. But you can smell it by seeing some of the writings on the wall.

The bottom line for me is when everyone is running or holding back then it is time to buy. These last few days I have been buying bit by bit mostly the banks, Sembcorp and Singtel ( for the upcoming dividends ). Soon I will probably run out of bullets but It is difficult to bottom fish anyway. I will hold and hope for the best.

 

[Asterix]

In other words, don't be too fricking long right now .............

[video=youtube;HRZugzdAiTE]https://www.youtube.com/watch?v=HRZugzdAiTE[/video]

 

[zeebjii]

In other words, don't be too fricking long right now .............

Your video clip is from June, when nasdaq was 4000. Even after last nite's big drop, nasdaq is still above 5000. So this Tepper dude was wrong!

 

[zeebjii]

The bottom line for me is when everyone is running or holding back then it is time to buy. These last few days I have been buying bit by bit mostly the banks, Sembcorp and Singtel ( for the upcoming dividends ). Soon I will probably run out of bullets but It is difficult to bottom fish anyway. I will hold and hope for the best.

If you think what happened in the last few days is "everyone is running or holding back" then you ain't seen nothing yet.

 

[Asterix]

Your video clip is from June, when nasdaq was 4000. Even after last nite's big drop, nasdaq is still above 5000. So this Tepper dude was wrong!

Your memory is salah - in late June, the Nasdaq was above 5,100, corrected into early July then rose to 5,200 before crashing to 4,300 in late August!

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=nasdaq&sid=3291

So this Tepper dude was correct since this comment was made in late June!

 

[Asterix]

All other things being equal, I rather listen to a Jew worth USD 11.6 billion than some "free" advice in a mickey mouse forum

Besides, I like the way this guy takes revenge on his former boss who refuse him partnership.

"Mr. Tepper keeps a brass replica of a pair of testicles in a prominent spot on his desk, a present from former employees. He rubs the gift for luck during the trading day to get a laugh out of colleagues."

https://en.wikipedia.org/wiki/David_Tepper

"Hedge fund billionaire David Tepper bought an oceanfront mansion in Sagaponack, New York, in 2010 from Jon Corzine's ex-wife for $43.5 million.

The following summer, Tepper tore down Corzine's former summer home to build a mansion twice the size.

Tepper and Corzine had worked together at Goldman Sachs. Tepper left to set up the hedge fund Appaloosa, which now has about $20 billion in assets under management, after then-CEO Corzine decided against promoting him to partner.

"You could say there was a little justice in the world," Tepper told New York Magazine when discussing the renovation plans to the home in 2010.

Tepper's sprawling mansion is now complete."

http://www.businessinsider.com/aerial-photos-of-david-teppers-hamptons-mansion-2015-9

 

[Asterix]

Many closely watched hedge fund managers today filed their latest portfolio updates and publicly revealed their positions at the end of the third quarter to meet a deadline on Monday. But perhaps the most interesting 13F filed with the Securities & Exchange Commission was made last Friday by hedge fund billionaire David Tepper.

Most hedge funds have posted pretty disappointing returns since the financial crisis and this trend seems to have peaked in 2015 with many hedge fund billionaires suffering brutal losses. But in this era, Tepper has stood out for his consistently great performance. He seems to be pulling off another good year in 2015 with returns in the 9% range for his biggest hedge fund.

Tepper’s Appaloosa Management hedge fund firm cut its exposure to U.S. stocks dramatically this year and finished the third quarter with only $2.86 billion invested in U.S. stocks. That is the smallest U.S. stock portfolio that Tepper has reported since the end of 2011, when his U.S. stock portfolio was less than $1 billion. At the time, Tepper’s Appaloosa Management only oversaw $15 billion compared to some $20 billion today. By comparison, Appaloosa Management reported holding $9 billion in its U.S. stock portfolio at the end of March 2014. Tepper’s biggest gains in recent years have come from being correctly bullish at key times, like during the 2013 stock rally.

Before the end of the third quarter of 2015, however, Tepper sold his entire position in Alibaba, which had previously amounted to 1.36 million shares. He nearly cut in half his relatively large holdings in Apple, but still owned 1.3 million shares of the company. Tepper has been a loud shareholder in GM this year, using activist-like tactics to push for the company to conduct more share repurchases. GM remains his biggest single U.S. stock holding, but he trimmed the stake a bit in the third quarter. Tepper has not been overly bullish in 2015, a year in which the U.S. stock market has so far been flat.

What's the date of publication of this article arh?

http://www.forbes.com/sites#/sites/...s-stock-portfolio-to-lowest-level-since-2011/