Real World Event Discussions
Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 3 of 119
Saturday, July 1, 2017 4:01 AM
Quote:US citizens are in a contest with everyone against everyone. It’s the Grand Melee. It’s a giant dog fight where the big dogs take money from the little dogs. Don’t you wish there was a referee to rule on the fairness of this fight? It is not the President because the Federal government has not been given much power by the Constitution, the Congress, or the Supreme Court to be a referee in this contest, but that doesn’t mean the President and his regulators are completely useless to the economy. Well . . . Bush was helpless. Obama was useful. Check it out:
Originally posted by 6stringJoker:Quote:
Originally posted by THGRRI:
You guys are so full of shit. Your investments my ass. You act as though Trump saved us all. He's riding on Obamas' success. When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average was 7,949.09. As of the end of Obama's term on January 20, 2017, the Dow was 19,732.40
Obama's success? I guess that's one way to look at it.
We already established a few months ago that under 8 years of Obama that corporate profits went up nearly 60% after inflation while the average American take home pay decreased about 40%.
I guess with Obama's success you didn't feel that drop in pay as much if you had a lot in a diversified portfolio.
A majority of us don't look at the DOW as a good benchmark to test a presidents success... at least not alone.
The fact the DOW is still going up and nothing else is really changing is a cause of concern to me.
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008#Ca
uses
https://en.wikipedia.org/wiki/Great_Recession
We know which President started two multi-trillion dollar wars, do we not? "We’ve spent $6 trillion" on the wars in the Middle East.
— Donald Trump on Wednesday, October 26th, 2016 in a rally in Charlotte, N.C.
www.politifact.com/truth-o-meter/statements/2016/oct/27/donald-trump/d
id-us-spend-6-trillion-middle-east-wars/
Those are dollars that could have been spent on you, making your life easier.
(On January 26, 2016, the national debt held by the public was $13.62 trillion. Intragovernmental holdings stood at $5.34 trillion for the Medicare Trust Fund and the Social Security Trust Fund. Trump's estimate of $6 trillion for Bush's Wars is a large percent of the total debt.)
You can trace down which President did what to make things better or worse for the National Economy, but Presidents don't typically use their power to fix an individual’s life, to give them a big gift of cash. That is what your local friends are for. And when your friends fail to help you, find better friends.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Saturday, July 1, 2017 6:48 AM
Quote:
Originally posted by second:
Those are dollars that could have been spent on you, making your life easier.
My life's pretty easy. And it only costs about 5,000-7,000 a year to maintain.
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Sunday, July 9, 2017 1:55 AM
Quote:meaning Democraps confiscate
Originally posted by second:Quote:US citizens are in a contest with everyone against everyone. It’s the Grand Melee. It’s a giant dog fight where the big dogs take
Originally posted by 6stringJoker:Quote:
Originally posted by THGRRI:
You guys are so full of shit. Your investments my ass. You act as though Trump saved us all. He's riding on Obamas' success. When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average was 7,949.09. As of the end of Obama's term on January 20, 2017, the Dow was 19,732.40
Obama's success? I guess that's one way to look at it.
We already established a few months ago that under 8 years of Obama that corporate profits went up nearly 60% after inflation while the average American take home pay decreased about 40%.
I guess with Obama's success you didn't feel that drop in pay as much if you had a lot in a diversified portfolio.
A majority of us don't look at the DOW as a good benchmark to test a presidents success... at least not alone.
The fact the DOW is still going up and nothing else is really changing is a cause of concern to me.
Quote:meaning taxpaying workers
money from the little dogs.
Quote:An almost 100% gain in the Dow from 2002 to Oct 2007 - golly, I'll take that kind of "helpless" any day, or any 5-year period.
Don’t you wish there was a referee to rule on the fairness of this fight? It is not the President because the Federal government has not been given much power by the Constitution, the Congress, or the Supreme Court to be a referee in this contest, but that doesn’t mean the President and his regulators are completely useless to the economy. Well . . . Bush was helpless.
Quote:still drinking the koolaid, I see.
Obama was useful.
Quote:Yeah, let's check it out. Here is a Libtard version of what I already laid out in the above post. Back before Obama, the U.S. was a global economic leader (amazing how many forget that now), and when the Rock The Vote Democraps put us into a tailspin, the related global economies also suffered. Economies not related to ours did not suffer so much.
Check it out:
https://en.wikipedia.org/wiki/Great_Recession
Quote:And here we have more Libtard spin factory output, almost believable if you have it spoon-fed to you. It lists 6 "Causes" of the Libtard's Rock The Vote Recession. #1 was more Libtard spindoctor gibberish from Democrap Carl Levin, making excuses he hopes you will gobble up. #2 was the FCIC aka the Phil Angelides Report - yes, the same Libtard Democrap Treasurer of CA who wreaked destruction on the CA economy - many have heard of his results as "Gray-out Davis." #3 was the 1999 repeal of the Glass-Steagall Act - and yes, the Bubbadent in 1999 was Clinton. #4 is the faulty mortgage practices of Obama's ACORN progect, forcing the economic sector to suffer his racist policies. #5 is a vague generalization of the other listed Libtard excuses. #6 is further actions regarding "Fair Value Accounting" relating to mortgage valuation in an attempted correction to Obama's ACORN practices.
https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932008#Ca
uses
Quote:tricky way of saying that the government debt is somehow not the taxpayer's debt.
(On January 26, 2016, the national debt held by the public was $13.62 trillion. Intragovernmental holdings stood at $5.34 trillion for the Medicare Trust Fund and the Social Security Trust Fund.)
Quote:Which is what I laid out for you above
You can trace down which President did what to make things better or worse for the National Economy,
Quote:
but Presidents don't typically use their power to fix an individual’s life, to give them a big gift of cash.
Correct. Good Presidents use their power to fix the economy, to allow you to grow your liberty, happiness, wealth if you are willing to try.
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Sunday, July 16, 2017 1:27 AM
Quote:DOW closed yesterday at 21,637.
Originally posted by JEWELSTAITEFAN:Quote:Obama's "success" - for koolaid drinkers.
Originally posted by THGRRI:Quote:You guys are so full of shit. Your investments my ass. You act as though Trump saved us all. He's riding on Obamas' success. When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average was 7,949.09. As of the end of Obama's term on January 20, 2017, the Dow was 19,732.40
Originally posted by Riverlove:Quote:I'm not. My stock portfolio is up about 18% since Trump was elected. Corporate earnings remain strong, but as we've seen before, things can turn ugly real fast. Best way to protect your investment and your profits is with stop-sell orders. If prices rise you can adjust the threshold upwards. If prices drop, your sell order kicks in and your loss is minimized.
Originally posted by JEWELSTAITEFAN:
Should we still jump off?
Yesterday's close was about 21,454.
Looks like all time high of 21,535 was on June 19.
On Oct 12, 2007 - just before the Rock The Vote Democraps who took majority of the House had their disastrous first budget take full effect (FY2008) - Dow closed 14,093. Bush had been in office for 6 years.
On Nov 4, 2008 - Election Day - Dow closed at 9,625. A drop of 32% in 13 months that the Rock The Vote Democraps can take credit for.
On Nov 5, 2008 - Black Wednesday, when the results were learned (American voters chose the path of further economic disaster) - Dow closed at 9,139. A drop of 5% in one day which Bobo can take credit for.
By Jan 19, 2009 the impending doom had driven the Dow to 8,279 at close - a drop of another 9.5% since Nov 5 (76 days). Bobo can take credit for this.
On Jan 20, 2009 the Dow dropped another 4% in this single day. A drop of 17.5% since the day of the election. Bobo can take credit for this also.
On Mar 9, 2009 the Dow closed at 6,547. A drop of 21% in Bobo's first 48 days in office. Yep, Obama can take credit for this also. Total of 32% loss since Election Day, matching the loss of a whole year of Democraps in charge (with only Bush43 to reign them in). And a loss of 53% in only 1 year, 4 months since Democraps took control of the Fed Budget.
On November 2, 2010 - Election Day - the Dow closed at 11,188. It had crept up 1,563 points since Obama was elected. Or 16% in 2 years. This is the rate of growth that Bobo could take credit for. Still 2,905 less than before Democraps had taken control of the Federal Budget.
On 27 Jan, 2011 - when the new Congress had taken their seats, discharging the Democrap majorities - Dow closed at 11,989. A gain of 801 points in only 3 months since the election, and only a few weeks in office - despite Bobo still occupying the White House. Can't see Bobo taking credit for the GOP's gains - oops, that's right, Bobo did take credit where not due.
By Jan 20, 2017 - with 6 years of GOP control of Congress, the Dow had gained 76%, despite Bobo still occupying the White House.
By Jun 19, 2017 the Dow achieved 21,535. A gain of 1,803 point and over 9% in only the first 5 months of Trump taking office.
Good thing Jump Out JO left at 20K.
That is a gain of 3,305 since Election Day. Also, Election Day had DOW Volume under 80,000,000. The next day, when results were learned, volume doubled, and started hanging out in that range. On Dec 5 volume doubled again, and hasn't dropped below 100,000,000 since. On Jun 16, 2017 volume was 603,000,000.
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Sunday, July 16, 2017 1:58 AM
Quote:
Originally posted by JEWELSTAITEFAN:
Yeah, let's check it out. Here is a Libtard version of what I already laid out in the above post. Back before Obama, the U.S. was a global economic leader (amazing how many forget that now), and when the Rock The Vote Democraps put us into a tailspin, the related global economies also suffered. Economies not related to ours did not suffer so much.
Some people don't even remember this. Before Obamination, The U.S. Economy was a world leader. The Dow and other benchmarks of the Stock Market were controlled by the Free World, The Free Market, Free Enterprise.
Under Obamanomics, the Stock Market and economy have become the dog getting wagged by the tail. For years whenever Bobo declared he would destroy the economy the MSM proclaimed that the resulting economic hit (loss of Market value) was because somebody burped in Turkey, or somebody passed wind in Germany, somebody hiccupped in Greece, and such nonsense. It went on for so long that enough investors started to believe the fantasies of the MSM. This was the same MSM that kept telling investors to stay in the market in 2008, the whole year, so they could lose half of their money, their life's savings, their life's work.
Obamanomics has created a surreal view of how market forces work, and denies that actual market forces have any bearing.
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Sunday, July 16, 2017 2:44 AM
Quote:Yup. we have Obama to thank for his great leadership.
Originally posted by G:Quote:
Originally posted by AURaptor:
We were told that this would never happen under Trump.
Please don't tell me you give Trump credit for this.
http://www.businessinsider.com/president-obama-stock-market-performanc
e-2016-6
"If you're an investor, there are a lot of people to thank for the second-longest bull market run in history. Perhaps after mentioning people like Federal Reserve Chair Janet Yellen and S&P 500 CEOs for the support, it would be wise to bring up someone a little more unexpected: President Obama.
In fact, as far as presidents go, he's been one of the most successful in modern history in supporting the growth of the market according to Bespoke Investment Group.
"The reality, though, is that the stock market has done exceptionally well under President Obama," wrote Bespoke in a note out Thursday.
"The Dow Jones Industrial Average's performance [under Obama] of 120.6% ranks as the sixth best of any US President since 1900, just behind Reagan and comfortably ahead of Truman, who at 74.4% is far behind." "
That's from Business Insider who are not typically big fans of Obama.
Stock predictors are just better guessers than the rest of us, but just barely, and frequently they are wrong. Otherwise it would be easy money. And thank gawd the ones that predicted his taking office would have negative effect were wrong, but don't think for a second they won't turn the other way when the opportunity presents itself. 'Course we won't know because he'll own the press and it will all appear all rosy, like it is in Russia. Maybe we'll hit 30,000 in a couple months! Wheee....
He saved us from the failure and disaster that was Bush.
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Sunday, July 16, 2017 2:45 AM
Quote:So wrong. So dumb. Wow. You don't know shit about anything, do you?
Originally posted by JEWELSTAITEFAN:Quote:
Originally posted by JEWELSTAITEFAN:
Yeah, let's check it out. Here is a Libtard version of what I already laid out in the above post. Back before Obama, the U.S. was a global economic leader (amazing how many forget that now), and when the Rock The Vote Democraps put us into a tailspin, the related global economies also suffered. Economies not related to ours did not suffer so much.
Some people don't even remember this. Before Obamination, The U.S. Economy was a world leader. The Dow and other benchmarks of the Stock Market were controlled by the Free World, The Free Market, Free Enterprise.
Under Obamanomics, the Stock Market and economy have become the dog getting wagged by the tail. For years whenever Bobo declared he would destroy the economy the MSM proclaimed that the resulting economic hit (loss of Market value) was because somebody burped in Turkey, or somebody passed wind in Germany, and such nonsense. It went on for so long that enough investors started to believe the fantasies of the MSM. This was the same MSM that kept telling investors to stay in the market in 2008, the whole year, so they could lose half of their money, their life's savings, their life's work.
Obamanomics has created a surreal view of how market forces work, and denies that actual market forces have any bearing.
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Tuesday, July 18, 2017 4:36 PM
Quote:Sometimes it is difficult to determine if you failed to point out the sarcasm mode and you can comprehend. Or if you're just dumb.
Originally posted by reaverfan:Quote:Yup. we have Obama to thank for his great leadership.
Originally posted by G:Quote:Please don't tell me you give Trump credit for this.
Originally posted by AURaptor:
We were told that this would never happen under Trump.
http://www.businessinsider.com/president-obama-stock-market-performanc
e-2016-6
"If you're an investor, there are a lot of people to thank for the second-longest bull market run in history. Perhaps after mentioning people like Federal Reserve Chair Janet Yellen and S&P 500 CEOs for the support, it would be wise to bring up someone a little more unexpected: President Obama.
In fact, as far as presidents go, he's been one of the most successful in modern history in supporting the growth of the market according to Bespoke Investment Group.
"The reality, though, is that the stock market has done exceptionally well under President Obama," wrote Bespoke in a note out Thursday.
"The Dow Jones Industrial Average's performance [under Obama] of 120.6% ranks as the sixth best of any US President since 1900, just behind Reagan and comfortably ahead of Truman, who at 74.4% is far behind." "
That's from Business Insider who are not typically big fans of Obama.
Stock predictors are just better guessers than the rest of us, but just barely, and frequently they are wrong. Otherwise it would be easy money. And thank gawd the ones that predicted his taking office would have negative effect were wrong, but don't think for a second they won't turn the other way when the opportunity presents itself. 'Course we won't know because he'll own the press and it will all appear all rosy, like it is in Russia. Maybe we'll hit 30,000 in a couple months! Wheee....
He saved us from the failure and disaster that was Bush.
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Tuesday, July 18, 2017 4:38 PM
Quote:So wrong. So dumb. Wow. You don't know shit about anything, do you?
Originally posted by reaverfan:Quote:
Originally posted by JEWELSTAITEFAN:Quote:
Originally posted by JEWELSTAITEFAN:
Yeah, let's check it out. Here is a Libtard version of what I already laid out in the above post. Back before Obama, the U.S. was a global economic leader (amazing how many forget that now), and when the Rock The Vote Democraps put us into a tailspin, the related global economies also suffered. Economies not related to ours did not suffer so much.
Some people don't even remember this. Before Obamination, The U.S. Economy was a world leader. The Dow and other benchmarks of the Stock Market were controlled by the Free World, The Free Market, Free Enterprise.
Under Obamanomics, the Stock Market and economy have become the dog getting wagged by the tail. For years whenever Bobo declared he would destroy the economy the MSM proclaimed that the resulting economic hit (loss of Market value) was because somebody burped in Turkey, or somebody passed wind in Germany, and such nonsense. It went on for so long that enough investors started to believe the fantasies of the MSM. This was the same MSM that kept telling investors to stay in the market in 2008, the whole year, so they could lose half of their money, their life's savings, their life's work.
Obamanomics has created a surreal view of how market forces work, and denies that actual market forces have any bearing.
Which facts are you confused about?
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Saturday, July 22, 2017 2:35 AM
Looks like DOW was 21,660 on Monday.
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