Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
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SECOND

Friday, February 9, 2018 7:26 PM

Quote:
Originally posted by 6IXSTRINGJACK:
No shit. I'm not a fucking idiot. I know what it means. I'm speaking for the majority of idiots out there that can't Math well enough to balance their own checkbook.

I actually show that I know this in the large portion of the post that you didn't quote. You'll find that I didn't even argue the specific data in the graph, but I proved it accurate and even elaborated on it.

You either already knew that I did and ignored it when making your idiot reply, or you just ignored it in the first place.

Nothing to say about anything relevant in the rest of the post?

It is Signym, not me, that goes line by line through others' posts, bitterly commenting about how Signym can see what stupid others cannot.

U.S. stock-index futures pointed to a mixed open on Friday, with trading expected to remain volatile at the end of a bruising week for stocks, one that could be the worst the Dow has seen since the height of the financial crisis in 2008.
www.marketwatch.com/story/us-stock-futures-rise-as-dow-faces-worst-wee
k-since-the-global-financial-crisis-2018-02-09

Trump explains that the stock market goes up because he is better than any other President in History, but if it goes down, the Democrats are at fault. He even mentions Hillary:

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

My original reply, the one that angered 6ixStringJack enough for him to write, "No shit. I'm not a fucking idiot. I know what it means. I'm speaking for the majority of idiots . . . ":

Quote:
Originally posted by 6IXSTRINGJACK:

Apparently "taunting Trump" is all this post is good for. It gives nothing but two squiggly lines, dumbed down to a meaningless "100" with no context surrounding it

Jesus Christ MSM... so many legitimate things you can be going after Trump for, yet you always drop the fucking ball and make shit up when you don't even have to.

Most retards that read your news aren't even going to realize that the S&P 500 chart was used in Kevin Drum's "quirky" little graph, but they don't even know the difference between the DOW and the S&P in the first place.

6ixStringJack, this took one minute for me to do. I timed it:

Take the stock market index and re-scale it so that the value on inauguration day is 100. That makes it easy for a comparison by percent change in stock market for the first months of Obama and Trump.

Economists use that re-scaling to 100 all the time. This graph from the Federal Reserve is scaled to 100 on inauguration day 2009, but you can make another for Trump 2017 to see if Kevin Drum got that one right.
https://fred.stlouisfed.org/graph/?g=ih6v

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Friday, February 9, 2018 9:36 PM

Delving into more tedious Libtard delusional irrelevance, as evidenced by using source motherjones in a thread about The Dow Jones Industrial Average:

Quote:
Originally posted by second:
Quote:
Originally posted by JEWELSTAITEFAN:
Dow closes 22,118 today.

That is up 2,386 since taking office. 6 1/2 months ago.

That is a gain of over 12% so far, and over 22% per annum so far.

For those not so clued on the math concept, that is more than the 8% per year Obama did in his first 2 years - without GOP control of Congress.
And that is more than the 12% per year for Bobo's 6 years with GOP control of Congress, despite Bobo having the absolutely easiest period for economic recuperation. Now Trump is adding on top of already historic highs, a much more difficult feat.
To the contrary, the past has thousands of different days when the market hit a new historical high.

Are you just making up your BS? The entirety of the Dow under Trump has been higher since Inauguration than any point in history prior to Trump's Election Day. Obama never hit a single all-time high Dow mark in his first year, his second year, nor IIRC his 3rd year, and maybe not his 4th. Trump's Dow has been entirely in new record high territory, Obama's Dow was struggling to recover from the devastating Rock-The-Vote Democrap Bear Market. Recovery is the easiest portion of the cycle to make gains, all new record high territory is the most difficult. Prior to Reaganomics it was extremely difficult.

Quote:
There is a chart at "Even the Stock Market Likes Obama Better Than Trump"
KEVIN DRUM, FEB. 8, 2018 6:41 PM

Drum writes, "I have no good reason to post this chart. I’m just taunting Donald Trump, I guess."
www.motherjones.com/kevin-drum/2018/02/even-the-stock-market-likes-oba
ma-better-than-trump/

Really? You are not even pretending to have a serious discussion? Kevin Drum fabricates so much irrelevant Libtard BS that I'm beginning to suspect you and he are sockpuppets of each other - is that it?
So his assertion is that Trump's Dow gain of 32.3% in completely record high territory is somehow rivaled by the abysmal performance of Dow under Obamanomics?
Really?
Really?
Well, that graph does appear to show the one-year performance of 32.3%, but the problem is that part of the graph is attributed to Obama, and that whole line includes where Obama smashed down the Market in March 2009. This graph in no way accurately reflects the Dow performances of Obama or Trump - how disingenuous!
Oh wait - did second do a bait-and-switch on Fans of Firefly? Goodness, an S&P 500 graph has been switched into a thread discussing The Dow - even says so in the title "Dow over 20K, Time to Jump Off" - yet without any mention, notation, indication that you were swapping out the playing field?
Just how irrelevant are you trying to be?

JEWELSTAITEFAN

Friday, February 9, 2018 10:30 PM

More irrelevance?

Quote:
Originally posted by second:
Quote:
Originally posted by JEWELSTAITEFAN:
Kindly return to a thread where you can comprehend the concepts being discussed, which is clearly not this one.

OTOH, if somebody has a question, or can point out a logic failure, or wants better explanation or clarification, post up.
Please clarify:

So you pull a quote out of context, maybe this is not your intention if you are really so simple-minded.
This was from the end of a long exchange with the recalcitrant delusional Libtard JO who avoided uncomfortable interactions with Truth and Facts. It was whittled down to its most simplistic form after JO had demonstrated his inability to comprehend more than a few words at a time. Only short sentences, small words, simple concepts, he could handle.
So which of the fact-laden posts that I had made, which JO referred to as not conforming to his delusions, did you require clarification on?
Or is this just another one of your standard attempts at your irrelevant diversion standard MO?

Quote:
"Savaged global stocks head for worst week since 2011" Why is this not Trump's fault?

www.reuters.com/article/us-global-markets/savaged-global-stocks-head-f
or-worst-week-since-2011-idUSKBN1FT01T

A 4 percent drop in Chinese shares dealt reeling world stock markets a fresh blow on Friday, as nerves about rising borrowing costs and soaring volatility put them on course for their worst week since the height of euro zone crisis.

China’s overnight plunge had gouged at confidence again after the second 1,000 point loss of the week for the U.S. Dow Jones Industrial had sent it into official correction territory.

Capital flow figures also showed a record $30 billion had already been yanked out of stocks during the rout, though even after that, Bank of America’s closely followed “Bull & Bear” indicator was still flashing red and warning investors to sell.

“After the moves earlier this week market investor sentiment is fragile and because of this we aren’t expecting the markets to immediately start moving higher once again,” said J.P. Morgan Asset Management Global Market Strategist Kerry Craig.

The U.S. government staggered into another shutdown after lawmakers failed to meet a funding deal deadline, but it did play into many of the overarching market concerns that have taken hold this month.

The yield on benchmark 10-year U.S. Treasuries, which tends to be the driver of global borrowing costs, was hovering at 2.86 percent just short of Monday’s four-year high of 2.885 percent.

Higher bond yields are seen hurting equities as they increase loan costs for companies and ultimately consumers. They also present an alternative to investors who may reallocate some funds to bonds from equities.

For MSCI’s broadest index of world shares, the 47-country ACWI the slump was 6.2 percent, which as long as it is still more than 6.1 percent when U.S. markets close later will be the biggest loss since September 2011.

Much more at www.reuters.com/article/us-global-markets/savaged-global-stocks-head-f
or-worst-week-since-2011-idUSKBN1FT01T

So, um, you are trying to blame Trump for global Stocks? For International Stocks? For the Stock prices of 47 different countries?
Does ACWI even include the US?
Unlike Obamination, I don't recall ever hearing Trump proclaim that he is King of the World, President of the World, or Arbiter of the World.
Just how irrelevant are you trying to be?

JEWELSTAITEFAN

Friday, February 9, 2018 10:54 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by JO753:
It wuz 1,172 points, the biggest drop in history. Quit being stinjy and give Trump hiz trofy!

But maybe wait a wile and see if he can beat it.
Just how insipid are you? Are you a complete and absolute moron, pretending to have a fiscal or mathematical clue?

If I tell you that we'll take the entirety of your life savings (or 10% of your life earnings) and you will now lose either 10 jiggers or 10 siggers worth, your choice - which do you choose?

Here is the post where JO becomes stingy and recalcitrant after being affronted by facts, truth, inconvenient reality.
He insisted upon avoiding the question.

SECOND

Friday, February 9, 2018 11:04 PM

Quote:
Originally posted by JEWELSTAITEFAN:

So, um, you are trying to blame Trump for global Stocks? For International Stocks? For the Stock prices of 47 different countries?
Does ACWI even include the US?
Unlike Obamination, I don't recall ever hearing Trump proclaim that he is King of the World, President of the World, or Arbiter of the World.
Just how irrelevant are you trying to be?

President Fatso did proclaim himself the King of the World. He is taking personal credit for the stock market going up. Watch the video:

https://fred.stlouisfed.org/graph/?g=ihII

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Friday, February 9, 2018 11:04 PM

Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
What jobs?
Those jobs, but maybe those jobs aren't where you are in Indiana:

https://fred.stlouisfed.org/graph/?g=i747

Quote:

Golly, a graph that is actually pertinent, and possibly accurate.
That shows the obviously deepest drop in employment was under Obama and the Rock-The-Vote Democraps, and it is also the widest blue band (longest time) outside of that left over from Carter's disastrous Economy, which Reagan was at least able to moderate the depth of.

JEWELSTAITEFAN

Friday, February 9, 2018 11:12 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by JEWELSTAITEFAN:
I should have asked:
Who thinks which day this week will have the biggest gain?

I conjure the day or 2 after its done falling back.
So, I'll conjure Monday was the big dropback, then maybe biggest gain on Wednesday. I don't have money to wager on that, my money was already in the market before this discount buying opportunity.
Dow closed at 24,912.
Only 2.33% gain. Room enough to gain more tomorrow.

Perhaps the bargain pricing is over.

Note: thus far, nobody else has weighed in.

Looks like next week will be the week for potential big gains.
Tuesday of this week only had 2.33%.

So who thinks which day next week will have the biggest gains?

Although I suspect Wednesday, I'll say Tuesday. Although it wouldn't be the first time a Monday rally caught me by surprise.

What say you?
Btw, these would be guesses, unless you have insider knowledge.

SECOND

Friday, February 9, 2018 11:13 PM

Quote:
Originally posted by JEWELSTAITEFAN:

Golly, a graph that is actually pertinent, and possibly accurate.
That shows the obviously deepest drop in employment was under Obama and the Rock-The-Vote Democraps, and it is also the widest blue band (longest time) outside of that left over from Carter's disastrous Economy, which Reagan was at least able to moderate the depth of.

https://fred.stlouisfed.org/graph/?g=ihII

https://alfred.stlouisfed.org/graph/?g=ihKy

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Friday, February 9, 2018 11:18 PM

Quote:
Originally posted by second:
Quote:
Originally posted by JEWELSTAITEFAN:
So, um, you are trying to blame Trump for global Stocks? For International Stocks? For the Stock prices of 47 different countries?
Does ACWI even include the US?
Unlike Obamination, I don't recall ever hearing Trump proclaim that he is King of the World, President of the World, or Arbiter of the World.
Just how irrelevant are you trying to be?
President Fatso did proclaim himself the King of the World. He is taking personal credit for the stock market going up. Watch the video:

https://fred.stlouisfed.org/graph/?g=ihII

The NEW YORK STOCK EXCHANGE got moved to Germany?
Standard and Poor's relocated to Islamabad?
NASDAQ moved to Moscow?
Forgive me, I had not heard those News Releases. Dang MSM hiding the stories from us...
Or are you being disingenuous and irrelevant again?

JEWELSTAITEFAN

Friday, February 9, 2018 11:45 PM

Quote:
Originally posted by 6IXSTRINGJACK:
Apparently "taunting Trump" is all this post is good for. It gives nothing but two squiggly lines, dumbed down to a meaningless "100" with no context surrounding it, such as the fact that the market had already been on an overall upward trajectory for 8 years after the terrible crash of 2008 that Obama was able to benefit from once it leveled out. On top of that, it's the only time the S&P 500 has come into this thread's conversation about the DOW, as far as I know.

S&P 500 by year: http://www.multpl.com/s-p-500-historical-prices/table/by-year

Jan 1, 2009 865.58
Jan 1, 2010 1,123.58 +23%

Jan 1, 2017 2,275.12
Jan 1, 2018 2,683.73 +16%

Nobody ever talks about the S&P 500. Makes me wonder why the MSM isn't making it a household name right now since they could rub Trumps face in these stats everyday.

Here's the DOW figures for the same years: http://www.1stock1.com/1stock1_139.htm

Jan 1, 2009: 8776.39
Jan 1, 2010: 10428.05 +18.82% (After a -33.84% year in 2008)

Jan 1, 2017: 19762.60
Jan 1, 2018: 24719.22 +25.08% (After a +13.42% year in 2016 and 7 of the previous 8 years with gains as much as 26.50%, and only a single year of losses at -2.23%.)

Which also makes me wonder why aren't the MSM dismissing claims of Trumps record gains by comparing 2017 to 2013?

Or go back to 1975: 38.32%
Or 1985: 27.66%
Or 1989: 26.96%
Or 1995: 33.45%
Or 1996: 26.01%
Or 1999: 25.22%
Or 2003: 25.32%

Most retards that read your news aren't even going to realize that the S&P 500 chart was used in Kevin Drum's "quirky" little graph, but they don't even know the difference between the DOW and the S&P in the first place.

Why not just come out and say that the DJIA percentage gain under 2013 Obama administration was almost 1.5% more than Trump's 2017 gains?

Do Right, Be Right. :)

Interesting links you provided, but they mostly just crash my handheld browser.
Since some posters have switched to discussing S&P500, could you look up what the peak of the S&P was in October 2007? I know it and Dow both peaked that month, but on different days. And could you find the lowest closing price around March 2009? Dow was lowest on 9 March. And what month under Obamination did S&P regain it's 2007 high mark?

Regarding 2013: perhaps because comparing January 20 to January 20, the scrutiny would not hold up, with Trump's 32.3% bested by few.
1975 was Ford, from a Nixon Budget.
1995 was the first year of Contract With America's GOP retaking Congress.
And it won't fit the narrative. GOP retook the House in 2010 Election, taking office 2011. Their first Budget was FY2012. After stonewalling and obstruction from Obama, they finally got it ironed out, and then FY2013 was the 2nd Budget from the same Congress. The Narrative cannot allow credit to the GOP.

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