Dow Nearing 30K. Time For You To Jump Off?
POSTED BY: JEWELSTAITEFAN
UPDATED: Saturday, September 28, 2024 08:52
VIEWED: 9969
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Between election day on Nov. 3 and Inauguration Day on Jan. 20, the S&P 500 index has climbed 14.3%. The gain is the best between election and inauguration day for any first-term president since World War II, according to a report by CFRA Research, an investment research firm in New York.
https://qz.com/1960298/since-joe-bidens-election-the-sp-500-has-climbe
d-14-3-percent/
How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You
Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.
“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania. From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans.
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-sto
ck-market-returns-under-every-us-president/
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Just for reference, the current Top Dow Closes:
1. 31,188 20 Jan
2. 31,176 21 Jan
3. 31,092 8 Jan
4. 31,068 12 Jan
5. 31,060 13 Jan
6. 31,041 7 Jan
7. 31,008 11 Jan
8. 30,996 22 Jan
9. 30,991 14 Jan
10. 30,960 25 Jan
11. 30,937 26 Jan
12. 30,930 19 Jan
13. 30,829 6 Jan
14. 30,814 15 Jan
15. 30,606 31 December 2020.
16. 30,409 30 December 2020.
17. 30,403 28 December 2020.
18. 30,391 5 January 2021.
19. 30,335 29 December 2020.
20. 30,303 17 December 2020.
21. 30,303 27 January 2021.
22. 30,223 4 January 2021.
23. 30,218 4 December 2020.
24. 30,216 21 December 2020.
25. 30,199 24 December 2020.
26. 30,199 15 December 2020.
27. 30,179 18 December 2020.
28. 30,173 8 December 2020.
29. 30,154 16 December 2020.
30. 30,129 23 December 2020.
31. 30,069 7 December 2020.
32. 30,068 9 December 2020.
33. 30,046 11 December 2020.
34. 30,046 24 November 2020.
35. 30,015 22 December 2020.
36. 29,999 10 December 2020.
37. 29,969 3 December 2020.
38. 29,950 16 November 2020.
39. 29,910 27 November 2020.
40. 29,883 2 December 2020.
41. 29,872 25 November 2020.
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GameStop is the BitCoin of 2021.
Here's a tip. Don't buy it now.
And don't beat yourself up when you didn't buy stock in that sinking ship before the speculators drove it up.
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A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.
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Did you all follow my advice and NOT buy GameStop?
Good.
https://www.msn.com/en-us/news/opinion/why-is-everybody-obsessed-with-
gamestop/ar-BB1dbhwp
Quote:
This week, the sleepy video-game retailer GameStop went on the ride of its life. The company’s stock rocketed from about $40 to almost $400 in a matter of days, minting day-trader millionaires and extinguishing billions of dollars of bets against the firm placed by institutional investors. Then, this morning, GameStop trading was restricted on the Robinhood platform, where more than half of all users hold shares in the company. The stock lost three-quarters of its value in 85 minutes, plunging from nearly $500 at 10 a.m. to $120 at 11:25 a.m.
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A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.
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Oh... and $120 is NOT a bargain either. Do not buy it now.
--------------------------------------------------
A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.
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Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.
28 Jan Dow closed at 30,603.
29 Jan Dow closed at 29,982. Lowest close since 14 December.
Just for reference, the current Top Dow Closes:
1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.
11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,606 31 December 2020.
16. 30,603 28 January 2021.
17. 30,409 30 December 2020.
18. 30,403 28 December 2020.
19. 30,391 5 January 2021.
20. 30,335 29 December 2020.
21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,199 24 December 2020.
27. 30,199 15 December 2020.
28. 30,179 18 December 2020.
29. 30,173 8 December 2020.
30. 30,154 16 December 2020.
31. 30,129 23 December 2020.
32. 30,069 7 December 2020.
33. 30,068 9 December 2020.
34. 30,046 11 December 2020.
35. 30,046 24 November 2020.
36. 30,015 22 December 2020.
37. 29,999 10 December 2020.
38. 29,982 29 January 2021.
39. 29,969 3 December 2020.
40. 29,950 16 November 2020.
41. 29,910 27 November 2020.
42. 29,883 2 December 2020.
43. 29,872 25 November 2020.
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Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.
1 Feb Dow closed at 30,211.
Just for reference, the current Top Dow Closes:
1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.
11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,606 31 December 2020.
16. 30,603 28 January 2021.
17. 30,409 30 December 2020.
18. 30,403 28 December 2020.
19. 30,391 5 January 2021.
20. 30,335 29 December 2020.
21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,211 1 February 2021.
27. 30,199 24 December 2020.
28. 30,199 15 December 2020.
29. 30,179 18 December 2020.
30. 30,173 8 December 2020.
30. 30,154 16 December 2020.
31. 30,129 23 December 2020.
32. 30,069 7 December 2020.
33. 30,068 9 December 2020.
34. 30,046 11 December 2020.
35. 30,046 24 November 2020.
36. 30,015 22 December 2020.
37. 29,999 10 December 2020.
38. 29,982 29 January 2021.
39. 29,969 3 December 2020.
40. 29,950 16 November 2020.
41. 29,910 27 November 2020.
42. 29,883 2 December 2020.
43. 29,872 25 November 2020.
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Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.
3 Feb Dow closed at 30,723.
Just for reference, the current Top Dow Closes:
1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.
11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,723 2 February 2021.
16. 30,687 3 February 2021.
17. 30,606 31 December 2020.
18. 30,603 28 January 2021.
19. 30,409 30 December 2020.
20. 30,403 28 December 2020.
19. 30,391 5 January 2021.
20. 30,335 29 December 2020.
21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,211 1 February 2021.
27. 30,199 24 December 2020.
28. 30,199 15 December 2020.
29. 30,179 18 December 2020.
30. 30,173 8 December 2020.
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Quote:
Originally posted by 6IXSTRINGJACK:
Did you all follow my advice and NOT buy GameStop?
Good.
https://www.msn.com/en-us/news/opinion/why-is-everybody-obsessed-with-
gamestop/ar-BB1dbhwpQuote:
This week, the sleepy video-game retailer GameStop went on the ride of its life. The company’s stock rocketed from about $40 to almost $400 in a matter of days, minting day-trader millionaires and extinguishing billions of dollars of bets against the firm placed by institutional investors. Then, this morning, GameStop trading was restricted on the Robinhood platform, where more than half of all users hold shares in the company. The stock lost three-quarters of its value in 85 minutes, plunging from nearly $500 at 10 a.m. to $120 at 11:25 a.m.
Quote:
Originally posted by 6IXSTRINGJACK:
Oh... and $120 is NOT a bargain either. Do not buy it now.
Robin Hood stopped meddling after GameStop plunged to $53 yesterday.
I know it might seem like a GREAT deal to buy in right now at $73.40, but are you going to get stuck and not be able to sell when they start meddling again?
Temper your expectations and stay the hell out of this one, and just keep in mind that this stock was regularly trading for less than $4 for most of 2019 and the first half of 2020.
--------------------------------------------------
A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.
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Warren Buffett's favorite indicator hints that stocks are significantly overvalued
The “Buffett Indicator” — as it’s called in Wall Street circles — takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP.
The Buffett Indicator stands at about 194% — up markedly from 175% or so when applying third quarter GDP data. The figure is well above the 159.2% seen just before the dot.com bubble.
It really shouldn’t be a surprise to see the indicator as inflated as it is today.
Federal Reserve liquidity continues to run rampant and is fueling new record highs in the stock market. Meanwhile, the ongoing COVID-19 pandemic continues to depress economic output.
https://finance.yahoo.com/news/warren-buffetts-favorite-indicator-hint
s-that-stocks-are-significantly-overvalued-182944741.html
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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