Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 55 of 119
A gy hoo uzed to hav a seat on the Chicago Stock Exchanje told me he'd be doing indexez if he wuz still a trader.
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DUZ XaT SEM RiT TQ YQ? - Jubal Early
http://www.7532020.com
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Quote:
Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.
This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.
Need to find a chart of the GDP today vs. historical accounts and inflation.
Would also be nice to cross reference that with the average salaries and percentages of people who remain in the dying middle class historically.
The DOW is not a significant indicator of the quality of life of the average American family, and only represents the rich and corporate success.
Do Right, Be Right. :)
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Quote:Sounds like a smart guy to want to be in the Market, while it's going up.
Originally posted by JO753:
A gy hoo uzed to hav a seat on the Chicago Stock Exchanje told me he'd be doing indexez if he wuz still a trader.
How come his sense hasn't rubbed off on you?
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Quote:I neglected to mention that June had 8 days in a row closing over 25K.
Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.
This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.
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Dow closed at 25,044 Monday. This is the 7th day in a row over 25K.
NASDAQ had its 3rd highest close in history.
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Dow closed today at 25,241. This is the 8th day in a row over 25K. All since the Jobs Report came out. The highest close since 12 June.
This is the 4th highest close since 8 March, the 5th highest since 26 February, the 8th highest since January, and outside of January, the 8th highest in the entire history of the Dow.
Probably should have Jumped Off at 20K.
This is 5.2% off the Record All-Time High.
On Friday the GDP report will announce the first time in history it has surpassed $20 Trillion.
The last GDP report which issued an advance estimate (3 months ago), with the subsequent Jobs Report, Dow climbed 600 points. And this report is expected to show even greater growth of the economy than the last one.
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Quote:
Originally posted by JEWELSTAITEFAN:
On Friday the GDP report will announce the first time in history it has surpassed $20 Trillion.
Once again, I'll mention that this is a meaningless statistic.
Since nobody has provided data on what this equates to when adjusted for inflation, I will show another example which is similar in that it is a record of the monetary value the recorded data goes back nearly 80 years. It has also been adjusted for inflation.
TOP 50 HIGHEST GROSSING FILMS OF ALL TIME (No inflation adjustment)
Rank / Title / Worldwide Gross / Year
1 | Avatar | $2,787,965,087 | 2009
2 | Titanic | $2,187,463,944 | 1997
3 | Star Wars: The Force Awakens | $2,068,223,624 | 2015
4 | Avengers: Infinity War | $2,043,009,571 | 2018
5 | Jurassic World | $1,671,713,208 | 2015
6 | The Avengers | $1,518,812,988 | 2012
7 | Furious 7 | $1,516,045,911 | 2015
8 | Avengers: Age of Ultron | $1,405,403,694 | 2015
9 | Black Panther | $1,346,596,927 | 2018
10 | Harry Potter and the DH – Part 2 | $1,341,511,219 | 2011
11 | Star Wars: The Last Jedi | $1,332,539,889 | 2017
12 | Frozen | $1,290,000,000 | 2013
13 | Beauty and the Beast | $1,263,521,126 | 2017
14 | The Fate of the Furious | $1,238,764,765 | 2017
15 | Iron Man 3 | $1,214,811,252 | 2013
16 | Jurassic World: Fallen Kingdom | $1,202,110,361 | 2018
17 | Minions | $1,159,398,397 | 2015
18 | Captain America: Civil War | $1,153,304,495 | 2016
19 | Transformers: Dark of the Moon | $1,123,794,079 | 2011
20 | The Lord of the Rings: TRotK | $1,120,237,002 | 2003
21 | Skyfall | $1,108,561,013 | 2012
22 | Transformers: Age of Extinction | $1,104,054,072 | 2014
23 | The Dark Knight Rises | $1,084,939,099 | 2012
24 | Toy Story 3 | $1,066,969,703 | 2010
25 | Pirates of the Caribbean: DMC | $1,066,179,725 | 2006
26 | Rogue One: A Star Wars Story | $1,056,057,273 | 2016
27 | Pirates of the Caribbean: OST | $1,045,713,802 | 2011
28 | Despicable Me 3 | $1,034,799,409 | 2017
29 | Jurassic Park | $1,029,939,903 | 1993
30 | Finding Dory | $1,028,570,889 | 2016
31 | Star Wars: Episode I | $1,027,044,677 | 1999
32 | Alice in Wonderland | $1,025,467,110 | 2010
33 | Zootopia | $1,023,784,195 | 2016
34 | The Hobbit: An Unexpected Journey | $1,021,103,568 | 2012
35 | The Dark Knight | $1,004,558,444 | 2008
36 | Harry Potter and the Philosopher's St | $ 974,755,371 | 2001
37 | Despicable Me 2 | $ 970,761,885 | 2013
38 | The Lion King | $ 968,483,777 | 1994
39 | The Jungle Book | $ 966,550,600 | 2016
40 | Pirates of the Caribbean: AWE | $ 963,420,425 | 2007
41 | Jumanji: Welcome to the Jungle | $ 962,245,459 | 2017
42 | Harry Potter and the DH – Part 1 | $ 960,283,305 | 2010
43 | The Hobbit: The Desolation of Smaug | $ 958,366,855 | 2013
44 | The Hobbit: The Battle of the Five | $ 956,019,788 | 2014
45 | Incredibles 2 | $ 943,285,687 | 2018
46 | Finding Nemo | $ 940,335,536 | 2003
47 | Harry Potter and the Order of the Pho | $ 939,885,929 | 2007
48 | Harry Potter and the Half-Blood Princ | $ 934,416,487 | 2009
49 | The Lord of the Rings: The Two Towers | $ 926,349,708 | 2002
50 | Shrek 2 | $ 919,838,758 | 2004
Some interesting notes that should be made about these figures...
1. 46 of these movies were in the year 2,000 or later.
2. 35 of these movies were in the year 2010 or later.
3. 19 of these movies were in the year 2015 or later.
4. 4 of these movies were out this year or even still currently in theaters.
5. With the exception of Titanic, all movies on this Top 10 list were released in the last decade. 6 of those were released in the last 3 years.
6. This list, spanning the entire recorded history of ticket sales, does not have an entry on it that pre-dates 1993.
Here's an adjusted list of the Top 10 higest grossing films by ticket sales...
TOP 50 FILMS BY
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If we're going to celebrate that 20Trillion GDP number, I think we should also be celebrating the steady increases of the GDP every single year during the Obama Administration.
2009: $14,418.74 Billion
2010: $14,964.37 Billion
2011: $15,517.93 Billion
2012: $16,155.26 Billion
2013: $16,691.52 Billion
2014: $17,427.61 Billion
2015: $18,120.71 Billion
2016: $18,624.48 Billion
https://tradingeconomics.com/united-states/gdp
My point, of course, is that we shouldn't be celebrating either.
Even most Democrats will not argue that the economy was very good during any point in Obama's administration.
While the US GDP's gains do not seem to translate much at all to the health of the US economy today, I think it paints a much darker picture for the future. After quantitative easing took place it doesn't really matter how much it goes up anymore, and the larger this disconnect grows, the more likely that Signy's scenario of the PetroDollar being overthrown becomes.
Do Right, Be Right. :)
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Quote:Using your numbers, the first column is percent over the prior year. The second column is number above 2 years before.
Originally posted by 6IXSTRINGJACK:
If we're going to celebrate that 20Trillion GDP number, I think we should also be celebrating the steady increases of the GDP every single year during the Obama Administration.
2009: $14,418.74 Billion
2010: $14,964.37 Billion
2011: $15,517.93 Billion
2012: $16,155.26 Billion
2013: $16,691.52 Billion
2014: $17,427.61 Billion
2015: $18,120.71 Billion
2016: $18,624.48 Billion
2010 3.78%
2011 3.70% $1,099B
2012 4.11% $1,191B
2013 3.32% $1,174B
2014 4.41% $1,272B
2015 3.97% $1,429B
2016 2.78% $1,197B
The next CY was 19,390B.
2017 4.11% $1,270B
After only the 1st Quarter of CY with 19,960:
18Q1 2.94% $1,336B (1.25 years)
With the expected report coming this week at 20,230:
18Q2 4.33% $1,606B (1.5 years)
With the expected next, Q3 of 20,537:
18Q3 5.92% $1,913B (1.75 years)
And the next, for the 2018 of 20,320:
2018 4.80% $1,696B
This helps clarify how horribly Obama strangled the Economy.
What a celebration.
It must be taking a lot of effort for you to be acting that dumb.
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Dow closed at 25,414.
This is 4.5% off the Record All-Time High.
Reports are that Trump won the Tariff/Trade war, EU caved in on their unfair and unbalanced trade rape of US.
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