Dow @ 20K. Time to jump off!
POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 65 of 119
Quote:Nowhere left to go.....
Originally posted by 6IXSTRINGJACK:
Sounds like it's pretty stagnant overall these days. It's a precarious place to be when there's nowhere left to go but down.
Do Right, Be Right. :)
Sure.
I wish I had more $ to put in before it continues to rise. We might be able to buy for cheap from folk like you.
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Quote:
Originally posted by JEWELSTAITEFAN:Quote:Nowhere left to go.....
Originally posted by 6IXSTRINGJACK:
Sounds like it's pretty stagnant overall these days. It's a precarious place to be when there's nowhere left to go but down.
Do Right, Be Right. :)
Sure.
I wish I had more $ to put in before it continues to rise. We might be able to buy for cheap from folk like you.
That would be a neat trick. It would require a time machine. I haven't had a dime in the DOW since I cashed out before buying my house free and clear.
The house has been paid for six years. At this point, it has paid for itself with the money that I don't pay in rent every month. I figure I'm "making" about 1k per month right now by not having rent or a mortgage. That's a good thing since I'm only saving about $500 bucks a month at the moment.
Do Right, Be Right. :)
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Quote:
Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,971. That is the 42nd day in a row over 25K, since 13 July. The prior record streak was 21 days, in January. It is the 18th day over 25,500.
This is the 18th highest close in history, and the 6th highest close since January.
S&P 500 closed at 2,887. This is the 8th highest close in history.
NASDAQ closed at 7,972. This is the 8th highest close in history.
You sound like that guy who brags about inching further and further out on that limb... "I could go forever." Naw, markets go up and they go down - law of nature. When Trump gets impeached - if not sooner - the crash will come. Putin chose well.
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Quote:All variety of Nostradoofus wandering around here.
Originally posted by captaincrunch:Quote:
Originally posted by JEWELSTAITEFAN:
Dow closed today at 25,971. That is the 42nd day in a row over 25K, since 13 July. The prior record streak was 21 days, in January. It is the 18th day over 25,500.
This is the 18th highest close in history, and the 6th highest close since January.
S&P 500 closed at 2,887. This is the 8th highest close in history.
NASDAQ closed at 7,972. This is the 8th highest close in history.
You sound like that guy who brags about inching further and further out on that limb... "I could go forever." Naw, markets go up and they go down - law of nature. When Trump gets impeached - if not sooner - the crash will come. Putin chose well.
You sound like Chicken Little.
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I notice our post ID number has gone over 1,060,000. Was about 367 ago, I missed it earlier.
It happened early 5 September.
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Dow closed today at 25,998. This is the 4th highest since January, and the 16th highest in history.
This is the 43rd trading day in a row over 25K, since 13 July - or 2 calendar months. And the 19th day Closing over 25,500.
S&P 500 closed at 2,888. That is the 8th highest Close in history.
Tomorrow the Jobless Claims are reported.
Yup. Nowhere to go but down, as of yesterday.
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Quote:Wrong! Could continue into 2020 per article at Barron's
Originally posted by JEWELSTAITEFAN:
Yup. Nowhere to go but down, as of yesterday.
www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19
Why the Bull Market Could End in 2020
By Ben Levisohn, June 30, 2018
To understand why 2020 should loom large in investors’ vision, keep in mind the reasons that the past nine years have been so good. Some might call post-financial-crisis growth in the U.S. lackluster; it has also been remarkably consistent, never climbing by more than 2.9% or by less than 1.5% in any calendar year since 2010. And inflation has been subdued, as well, creating the Goldilocks environment that was neither too hot nor too cold.
The latest fiscal stimulus — the tax cuts — changes that. Congress passed $1.5 trillion of them over a 10-year period, while also increasing spending by some $300 billion over two years. The Peterson Institute for International Economics puts the total impact at an additional 0.5% of gross domestic product by 2020.
Companies have used that cash to repurchase shares, increase dividends, buy competitors, and invest in their businesses. All of that activity looks set to have a big impact, though the question remains how big. Economists expect the U.S. economy to grow at a 2.9% clip in 2018, up from 2.3% in October. And that economic growth has also translated to a big boost in earnings projections, as corporations are expected to see profits rise by 21% in 2018 and 10% in 2019.
Like any artificial high, the good feelings won’t last forever. By the end of 2019, the last of the fiscal intoxication should have worn off, and the hangover could begin. Economists expect the U.S. economy to expand by 1.9% in 2020, and earnings to increase by 10%.
“The tax stimulus is designed to be very front-loaded in the lift it gives to economy,” Morgan Stanley chief U.S. economist Ellen Zentner says. “You have to deal with the hole on the other side.”
The stimulus, however, isn’t occurring in a vacuum. The Fed is already raising interest rates, and is doing so at a faster pace than some investors had counted on. At its current pace of a hike every three months, the federal-funds rate should hit a range of 3.25% to 3.5% by the end of 2019, up from 1.75% to 2% currently.
At the same time, the Fed is shrinking its behemoth balance sheet. That means monetary policy could be hitting its tightest levels just as the impact of the government stimulus begins to wear off.
Much more at www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Dow closed today at 26,145. That is the highest Close since January. Around the 9th highest Close in history.
That is the 44th trading day in a row over 25K, since 13 July. And the 20th day over 25,500 - since 16 August.
S&P closed at 2,904. That is the 2nd highest close in history.
NASDAQ closed at 8,013. This is the 7th highest close in History.
Yup. Rumor has it that there is nowhere to go but down, as of a few days ago. Much like the cerebral insight which kicked off this thread.
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Quote:Did you miss the 2 Nostradoofus that I was paraphrasing, or quoting?
Originally posted by second:Quote:Wrong! Could continue into 2020 per article at Barron's
Originally posted by JEWELSTAITEFAN:
Yup. Nowhere to go but down, as of yesterday.
www.barrons.com/articles/why-the-bull-market-could-end-in-2020-1530317
447?mod=barpkt19
Why the Bull Market Could End in 2020
By Ben Levisohn, June 30, 2018
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I will try to notate the Top Ten Dow Closes, so that other folk might follow along.
1. 26,616 26 January 2018.
2. 26,439 28 January 2018.
3. 26,394 25 January 2018.
4. 26,252 24 January 2018.
5. 26,214 22 January 2018.
6. 26,210 23 January 2018.
7. 26,185 31 January 2018.
8. 26,149 30 January 2018
9. 26,145 13 September 2018.
10. 26,124 29 August 2018.
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