It's starting to look like 2008 all over again,
Stocks are going...
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
:cry1:
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It's starting to look like 2008 all over again,
Stocks are going...
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
Down,,,
:cry1:
Yeah metals are on the downward spiral as well. Copper has been below 2 bucks for a little while now.
Freakin' China...
I'm tempted to buy, but I doubt the market has bottomed yet.
Is oil going to $20? Will Freeport-McMoran common shareholders be wiped out? Will Shell cut its dividend? Questions which were unthinkable 2 or 3 years ago.
It appears the stock market is mirroring the movements of the oil market. I love how cheap gas is at the pump, but I don't like what it's doing to my stock portfolio...
Cheap oil torpedo's the energy industry, and their stocks tumble. Of course China's economy going down the toilet isn't helping anything.
My 401k is diversified over a range of investments, but I do have a large portion split between these two mutual funds. I'm not one to buy and sell on a whim as I've had both of these for years, but I think I've had enough of the Fairholme Fund and time to make a change.
The Neuberger Berman fund has served me well over many years.
Does anyone have have a favorite fund that I can do some research on?
Attachment 82676
Attachment 82677
Stocks hit an all time high of over 19,000 on the DJIA today.
THANKS TRUMP!
My charts show 11-30 as a key date, I'm guessing a top.
Once again, I'll bail a day early from long positions, if it goes that way.
MROQuote:
Originally Posted by Sandstone Addiction
http://www.melroseplc.net/
It appears the stock market is not bad
yea, Trump has screwed up the stock market, big time....
All it does is goes up.
I'm currently on the sidelines.
But I'll be honest, this trump market is uuuggee:haha:
I've made more in stocks this past month then I have working all year. I'm so excited about that I just want to grab some pussy.
No pussy here, but I can offer you a nice pair of Tits!
https://www.bto.org/sites/default/fi...?itok=GfDXSb43
BREAKING: The Dow Jones Industrial Average just hit 20,000 for the first time ever. http://cnb.cx/2jwVWpH
What a difference a year (and a new president) makes!Quote:
Originally Posted by Iceaxe
FB stock should pass $140 in a few days.
Stocks pare gains as White House fails to provide specifics on repatriation tax
:roflol: :roflol: :roflol:Quote:
Originally Posted by accadacca
You should apply to be the mouthpiece of the left, you are almost as comical as Maxine Waters (D-CA). Do you also want to impeach Trump for what he is doing to the economy?
:roflol: :roflol: :roflol:
Stocks are near record highs and have been trending up all week, today they lost 00.1% and the dumbass left jumps all over it.
18,259 - DJIA on November 8, 2016
20,975 - DJIA on April 26, 2017
That's a 13% increase if you need help with your math.
Thank you, I'll hang up now and listen to your answer on the air.
https://www.youtube.com/watch?v=5Pc72t3Inws
It's still too early to say what is going to happen through the Trump presidency.
Here is the current score card for the last five presidents. Right now stocks are doing well under Trump, especially when you interpolated the timeline. The Dow has stagnated for though, but it's the long term trends that matter.
The stagnation won't last and stocks will probably continue be on a rising trend. Although it would be nice, I do doubt however, that the annual percent change is going to stay over 30% throughout the presidency. Time will tell.
Attachment 86913
I will periodically (maybe once a week?) update the spreadsheet and post it here.
Current score card:
Attachment 87044
Current scorecard:
Attachment 87071
The U.S. stock market is on pace to have its worst daily decline in 8 months.
That just means it's time to buy. It will go back up.Quote:
Originally Posted by accadacca
Yup, good day to buy.
Current scorecard:
Attachment 87120
As said, it's still too early to tell, but my own prediction is that at the end of the Trump presidency, the percentage gains will be closer to that under the Obama Administration than that under the Clinton Administration. That's not bad though. Stocks actually did well under the Obama Administration.
Current scorecard:
Attachment 87140
I like the scorecard idea; makes for interesting dinner table discussion. I note a few things.
1) You should include Nasdaq and S&P in your performance measures. The Dow isn't a realistic measure of market valuation on its own. The Nasdaq has been outperforming both the Dow and S&P for the past year.
2) Considering the hit that the Dow took during the Great Recession (Dec 2007 - Jun 2009), I'm surprised at how well the performance was under Obama.
3) I'd be curious what the performance is for the same number of days for each administration - by term.
There is a lot one could do here, such as take the score card much farther back as well, but I was just going to make something simple.Quote:
Originally Posted by Glenn
The DJIA actually took the big plunge under Bush 2, which makes Obama's numbers look much better than they really were as Obama's numbers benefitted greatly from the bounce at the bottom. Much of Obama's time was spent just regaining lost ground.Quote:
Originally Posted by Glenn
In contrast Trumps numbers are almost entirely new ground and new high's, which I don't believe has ever been seen before, at least since WWII.
Obama is also getting credit for the 1,900 point jump the DJIA made between November 3 2016 and January 20, 2017, which was a direct result of Trump being elected. These 1,900 points should be credited to Trump which would really make his numbers look much better than they already are.
DJIA October 2017 - 14,093
DJIA November 3, 2016 - 17,930
DJIA January 2o, 2017 - 19,799
Obama was a wet blanket to the stock market any way you want to slice it, but he wasn't helped any by the mess Bush 2 gave him.
:popcorn:
Not so. Look at stocks under the Clinton era.Quote:
In contrast Trumps numbers are almost entirely new ground and new high's, which I don't believe has ever been seen before, at least since WWII.
Obviously, there is a lot more to the stock market then simply who the President is though.
I'd have to disagree. Stocks did well under Obama, any way that it is sliced. Also, it must be remembered that other recessions took much longer to recover from.Quote:
Obama was a wet blanket to the stock market any way you want to slice it, but he wasn't helped any by the mess Bush 2 gave him.
I'm still betting that stock performance under Trump will end up closer to that under Obama than that under Clinton.
If you want to make a friendly wager, I'm game.:2thumbs:
Current scorecard:
Attachment 87158
21,206.....
I'm on my way to being a very rich man.
Thanks Trump [emoji631]
#MAGA
Current scorecard:
Attachment 87209
I just noticed this going through the numbers, but where are you getting that the Dow was 14,093 in October 2017? The Dow hasn't been that low since March 1 2013. In October 2017 Dow was always above 18,000.Quote:
DJIA October 2017 - 14,093
DJIA November 3, 2016 - 17,930
DJIA January 2o, 2017 - 19,799
----------------------------------------------------------------------------
Anyway, I'm leaving on a trip Tuesday and will be pretty busy until then, so I'll update the score card early:
Attachment 87226
21,529 [emoji631]
22,000 before years end.
#MAGA
Unless something unexpected happens, it will probably higher than that. 21,529 to 22,000 is only a 2.18% increase.Quote:
Originally Posted by Iceaxe
I'm guessing by year's end it will be above 23,000.
If the DJIA is above 23,000 at years end Trump will be hailed by many as one of the greatest presidents ever as he will be partially responsible for creating a huge army of newly minted millionaires.... just sayin'
https://cdn-business.discourse.org/u...a79e0ad5f2.jpg
Current scorecard:
Attachment 87325