Real World Event Discussions
Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 57 of 119
Wednesday, August 1, 2018 8:20 AM
Dow closed at 25,415 today. The 13th day in a row over 25K.
This is the 4th highest close since January.
The Jobs Report is released on Friday.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Thursday, August 2, 2018 7:03 AM
Dow closed today at 25,333. This is the 14th day in a row over 25K.
Tomorrow Jobless Claims are reported.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Friday, August 3, 2018 6:53 AM
Dow closed at 25,327 today. The 15th day in a row over 25K. Which is the 2nd longest streak in the history of the Dow.
This is also the 8th day in a row closing over 25,300.
NASDAQ closed over 7,800 again.
S&P 500 closed at 2,826. It's 3rd highest close since January.
Tomorrow is the Jobs Report, expected to be even better than last month.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Friday, August 3, 2018 7:11 AM
Quote:
Originally posted by THGRRI:Quote:
Originally posted by Riverlove:Quote:
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.
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.
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
T
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Saturday, August 4, 2018 7:06 AM
Dow closed today at 25,462. This is 16th day in a row over 25K, and the 9th in a row over 25,300. And the 3rd highest close since January.
S&P 500 closed at 2,840. The 2nd highest since January.
Also, CBO issues Monthly Review on 7 August.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Saturday, August 4, 2018 7:26 PM
Quote:
Originally posted by THG:Quote:
Originally posted by THGRRI:Quote:
Originally posted by Riverlove:Quote:
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.
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.
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
T
Obama didn't have any success. The DOW has been doing very well for quite a long time because of quantitative easing, and continues to do well under Trump.
The disconnect of the DOW's success alongside the bad economy and job market is directly attributed to the terrible FED decisions that were made during the Obama Administration and will only continue to get worse.
And what do you mean by "you guys" anyhow?
JSF is the only one rallying around the DOW and how great Trump is here. I've argued him every step of the way, J0 pops in to say something every once in a while and nobody else pretty much posts in this thread.
Do Right, Be Right. :)
EDIT: Oh.... I see.
You're referencing a discussion made during the middle of 2017 on the first page of this thread. lol
I don't think Riverfan has even posted here for over a year now.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Sunday, August 5, 2018 7:09 AM
Quote:Obama didn't have any success. The DOW has been doing very well for quite a long time because of quantitative easing, and continues to do well under Trump.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by THG:Quote:
Originally posted by THGRRI:Quote:You guys are so full of shit. Your investments my ass. You act as though Trump saved us all.
Originally posted by Riverlove:Quote:I'm not. My stock portfolio is up about 18% since Trump was elected.
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.
JSF is the only one rallying around the DOW and how great Trump is here.
I'm not sure if you are merely oversimplifying in your summary by intent, or if you really do not comprehend the purpose of my posts in this thread started with the premise that you should sell when prices are low, meaning you will buy when prices are high.
I have indicated, consistently, that you should buy at the low point of a rising Market. You should not sell at the low point, such as 20K Dow. You should wait until the high point to sell, as I have done in the past.
I am not trumpeting the greatness of Trump, exactly. I am pointing out the vast benefits of NOT Obamanomics. Trump is merely breeding success by following known and proven practices and policies, such as those from the example of Reaganomics.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Sunday, August 5, 2018 5:39 PM
Quote:
Originally posted by JEWELSTAITEFAN:
I'm not sure if you are merely oversimplifying in your summary by intent, or if you really do not comprehend the purpose of my posts in this thread started with the premise that you should sell when prices are low, meaning you will buy when prices are high.
I have indicated, consistently, that you should buy at the low point of a rising Market. You should not sell at the low point, such as 20K Dow. You should wait until the high point to sell, as I have done in the past.
I am not trumpeting the greatness of Trump, exactly. I am pointing out the vast benefits of NOT Obamanomics. Trump is merely breeding success by following known and proven practices and policies, such as those from the example of Reaganomics.
The continued success of the DOW has little to do with anything that Trump has done. As T correctly stated, the DOW increased 11,000 pts in Obama's 8 years.
I'm sure that things like the tax cuts that did disproportionaly benefit the rich and just the fact that the GOP is running the White House currently is helping the DOW go up even quicker in only 2 years, but most of the continued increase is because FED rates are still next to nothing, and quantative easing is the proverbial shit that can't be put back into the horse.
Eventually, the DOW will crash again, and I don't know if there are many tricks are left to save everything at this point.
My prediction is the next DOW crash will result in the death of the Petrodollar, and if you think gas prices are expensive now, just wait until that happens.
I'm hoping that it doesn't happen during Trump's administration because that will be the end of Republican presidents for a very long time.
I will state, that other than the fact that Trump stopped being honest about the economy when he was elected, he won't be directly to blame if it does crash during his presidency any more than Obama or GWB or even Bill Clinton were.... but with all the negative anti-Trump stuff out here today you know that he's going to shoulder 100% of the blame when the MSM gets their hands on that story.
At least in public opinion.... the arena where perception of reality is a lot more powerful and important than actual reality.
If I were Trump, that would keep me up every night worrying about when the bottom's going to fall out.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Sunday, August 5, 2018 9:07 PM
Quote:I don't know why you persist in selectively plucking numbers out of context. Just because the Troll you quoted selectively plucked the middle part of an exchange that he lost does not mean you must follow suit, unless you are a lemming.
Originally posted by 6IXSTRINGJACK:Quote:
Originally posted by JEWELSTAITEFAN:
I'm not sure if you are merely oversimplifying in your summary by intent, or if you really do not comprehend the purpose of my posts in this thread started with the premise that you should sell when prices are low, meaning you will buy when prices are high.
I have indicated, consistently, that you should buy at the low point of a rising Market. You should not sell at the low point, such as 20K Dow. You should wait until the high point to sell, as I have done in the past.
I am not trumpeting the greatness of Trump, exactly. I am pointing out the vast benefits of NOT Obamanomics. Trump is merely breeding success by following known and proven practices and policies, such as those from the example of Reaganomics.
The continued success of the DOW has little to do with anything that Trump has done. As T correctly stated, the DOW increased 11,000 pts in Obama's 8 years.
The Democraps allowed the Dow to increase from 14,000 to the 18,332 on the day Doom was Defeated in the 2016 Election. They drove it down from 14,000 to 6,547 in March 2009 - I don't know why you consider that such a great accomplishment. That Obama can take credit for driving it down from 9,625 after Rock-The-Vote Democraps started the ball rolling, and got it down to 6,547 is the pink elephant you seem to ignore. They didn't even allow it to return, until Democraps were Expelled from Congressional majority in the 2010 Election.
That is a gain of 4,300 in 9 years. A feat which only took part of a year under Trump (3 Oct was 4,300 higher than Election Day - less than 11 months, 30 November was 4,500 higher that Inauguration - 10 months and 10 days). Dow gained 8,284 from Trump's Election to Jan 26, 2018 - less than 15 months.
From 9,625 on Election Day 2008 to 18,332 on Election Day 2016 is a gain of 8,707 in 8 years. 7,144 of which occurred under GOP control of Congress.
Clearly, your perspective is induced by something illegal.
Bear Markets are part of the market cycle, always have been.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Sunday, August 5, 2018 9:14 PM
Quote:Apparently memories need to be refreshed.
Originally posted by JEWELSTAITEFAN:Quote:Obama's "success" - for koolaid drinkers.
Originally posted by THGRRI:Quote:
Originally posted by Riverlove:Quote:
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.
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.
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
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.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME