Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 92 of 119
Dow closed today at 27,154. This is the 6th highest close in the history of the Dow.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,335 16 July 2019.
3. 27,332 12 July 2019.
4. 27,222 18 July 2019.
5. 27,217 17 July 2019.
6. 27,154 19 July 2019.
7. 27,088 11 July 2019.
8. 26,966 3 July 2019.
9. 26,922 5 July 2019.
10. 26,860 10 July 2019.
10. 26,828 3 October
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I remember a similar time when the economy was booming, in 2007. All was fine, until it wasn't. The problem back then was that people weren't looking (intentionally blinded themselves to) negative fundamentals that weren't so rosy - such as the fact that the shiniest economic area was the housing bubble, fueled by bad mortgages and widespread, unsupportable debt, along with risky investment bank products and too big to fail institutions.
For many of the positive factors you list, I have a 'yes-but' negative.
I don't have the time to go through them now, but with any luck, I can get back to this later for a more detailed discussion.
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Quote:One of the 7 key factors regarding outlook of the markets is Investor Sentiment. It is a negative factor.
Originally posted by 1kiki:
I remember a similar time when the economy was booming, in 2007. All was fine, until it wasn't. The problem back then was that people weren't looking (intentionally blinded themselves to) negative fundamentals that weren't so rosy - such as the fact that the shiniest economic area was the housing bubble, fueled by bad mortgages and widespread, unsupportable debt, along with risky investment bank products and too big to fail institutions.
For many of the positive factors you list, I have a 'yes-but' negative.
I don't have the time to go through them now, but with any luck, I can get back to this later for a more detailed discussion.
Meaning that when Investor Sentiment is High, looking to a Bull Market, then the Market is really Bearish. Likewise, when Investor Sentiment is Bearish, expecting a drop in the markets, the Markets are actually going Bull Market.
This is not the only factor, but I have found it to be quite telling in the past 30 years since I understood this.
Another way of thinking about this particular aspect is that the Sentiment Cycle Leads or Lags the Real World Markets.
The Biggest "But" may be the upcoming October, beginning of the FY2020 - which is the first FY Budget that the Whacko Dem House has created.
A repeat of October 2007, When the Rock-The-Vote Recession kicked off following the Rock-The-Vote Election of 2006. I can hope it won't happen, and Trump seems to keep distracting folk from the Dem Evils, but it remains in the back of my mind.
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Dow closed yesterday at 27,171. This is the 6th highest close in the history of the Dow.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,335 16 July 2019.
3. 27,332 12 July 2019.
4. 27,222 18 July 2019.
5. 27,217 17 July 2019.
6. 27,171 22 July 2019.
7. 27,154 19 July 2019.
8. 27,088 11 July 2019.
9. 26,966 3 July 2019.
10. 26,922 5 July 2019.
10. 26,860 10 July 2019.
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Quote:This was from last Friday. After posting this, I heard a MSM Fake News report about the Markets.
Originally posted by JEWELSTAITEFAN:
Dow closed today at 27,154. This is the 6th highest close in the history of the Dow.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,335 16 July 2019.
3. 27,332 12 July 2019.
4. 27,222 18 July 2019.
5. 27,217 17 July 2019.
6. 27,154 19 July 2019.
7. 27,088 11 July 2019.
8. 26,966 3 July 2019.
9. 26,922 5 July 2019.
10. 26,860 10 July 2019.
10. 26,828 3 October
MSM reported the Dow was down for the week.
After garnering the 6th highest Dow Close in the entire history, MSM reported that the Dow was down.
At the end of a week where every single day of the week had a Close in the top 6 Closes in history, MSM reports that the Dow was down.
In a month when every single Close of the month is in the top 25 Closes in the entire history, MSM reports it is down. I don't recall any other time in history when this could be said. Even October 2007 was not this spectacular. Even January 2018 was not. Nor September or October 2018. Certainly no time in 2000 or 2001. When the most spectacular High points in all of history are achieved, MSM reports that it is down.
At the end of a week which featured the 2 highest Closes in the entire history, MSM's take is that the Dow was down.
Now, of course, the report was factually accurate - the Down Closed on Friday lower than it closed on the prior Friday.
But how can any sensible, reasonable, critical thinking person possibly conjure that MSM has a clue about the Real World, or is not intentionally lying all the time, or that it is a valid source of information?
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Dow closed Tuesday at 27,349. This was the 2nd highest close in the history of the Dow.
NASDAQ closed at 8,251.
S&P 500 closed at 3,005.
Dow closed Wednesday at 27,269. This was the 5th highest close in the history of the Dow.
NASDAQ closed at 8,321. This was a new All-Time Record High.
S&P 500 closed at 3,019. This was a new All-Time Record High.
Dow closed yesterday at 27,140. This is the 10th highest close in the history of the Dow.
NASDAQ closed at 8,238.
S&P 500 closed at 3,003.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,349 23 July 2019.
3. 27,335 16 July 2019.
4. 27,332 12 July 2019.
5. 27,269 24 July 2019.
6. 27,222 18 July 2019.
7. 27,217 17 July 2019.
8. 27,171 22 July 2019.
9. 27,154 19 July 2019.
10. 27,140 25 July 2019.
10. 27,088 11 July 2019.
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Dow closed Friday at 27,192. This was the 8th highest close in the history of the Dow.
NASDAQ closed at 8,330. This is a new All-me Record High.
S&P 500 closed at 3,025. This is a new All-Time Record high.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,349 23 July 2019.
3. 27,335 16 July 2019.
4. 27,332 12 July 2019.
5. 27,269 24 July 2019.
6. 27,222 18 July 2019.
7. 27,217 17 July 2019.
8. 27,192 26 July 2019.
9. 27,171 22 July 2019.
10. 27,154 19 July 2019.
10. 27,140 25 July 2019.
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Dow closed Monday at 27,221. This was the 7th highest close in the history of the Dow.
Dow closed Tuesday at 27,198. This was the 9th highest close in the history of the Dow.
Dow closed Wednesday at 26,864. It was about even until Fed announced Fed Rate drop.
This is the first close below 27K since 11 July, when it first climbed over that mark.
Dow closed today at 26,583. Had climbed to 27,175 during the session, until Trump tweeted about Tariffs on China.
The Top 10 Closes have all been this month.
Just for reference, the current Top Ten Dow Closes:
1. 27,359 15 July 2019.
2. 27,349 23 July 2019.
3. 27,335 16 July 2019.
4. 27,332 12 July 2019.
5. 27,269 24 July 2019.
6. 27,222 18 July 2019.
7. 27,221 29 July 2019.
8. 27,217 17 July 2019.
9. 27,198 30 July 2019.
10. 27,192 26 July 2019.
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Duz this corelate to the 08 crash? I dont recall there being a platoue, just an unsupportable inflation then the bubble popped.
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com .
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To be fair, the housing market bubble crash spurred on the Wall Street crash in the late 2000s.
But the numbers now are ridiculous, especially since it hasn't "trickled down" to the working class one single bit since they've rocketed to such crazy heights.
The rich keep getting richer.
Do Right, Be Right. :)
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