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It's funny. Obama gets Bin Laden 3 years into his term and all the Right Wingers claim "it was Bush' plan and design. Obama gets no credit".
So now here we are two and a half weeks into Trump's term and he fully owns the stock market. Never mind it more than doubled during Obama's two terms.
And of course we all know the market rose IN SPITE of Obama, and we all know it is going up now BECAUSE of Trump.
All the doom and gloom crowd that predicted a bust of the bull run during Obama's 2 terms were also proven wrong. Many argued that it was not a reflection of the economy as a whole.
The continuation is being fueled by intentions to reduce corporate taxes which will increase shareholder value.
Only thing certain is that all tides eventually turn.
I've heard that a number of billionaires (including Soros) are not happy that their yes man (Hillary) was not installed. I'm starting to heard grumblings that they are making a move against the USD, and the stock market.
I have no idea if this is true, but we know Soros are crashed other currencies, and economies in the past.
It will be interesting to see if the donor class makes a move to crash the economy as the ultimate attack against Trump.
We live in interesting times.
Interesting, indeed. Just where did you hear this interesting bit of information? I'd like to read about it, so please cite some sources. Thanks.
Under Trump: Dodd-Frank is imperiled, and with it, the savings of small investors. But fear not, bankers! The Big Orange is your man!
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The stock market dropped 19 points yesterday. The slow seep is beginning. it will be a wild ride, with ups and downs, but we are on a very dangerous course. I've had modest investments most of my adult life, and this reminds most sharply of the bank crisis and crash of 2006. My portfolio is still recovering from that - or at least, it was recovering. I hung on far too long then, due to the overly optimistic assurances of others that it was a temporary glitch and that my bank stocks - Wachovia - would recover. I've learned my lesson. Dodd-Frank would have limited my losses, had it been around then. Now Trump and his cronies - bankers all - are trying to eliminate it, and with it, protection for small investors.
It's impossible to time a market or catch a falling knife.
Dodd- Frank was substantially watered down legislation necessary to get the votes. It did not go far enough.
Repealing Dodd- Frank without replacing it with something else or compelling big banks to break up is scary stuff in that it once again enourages lenders to abandon all caution. It makes me uncomfortable that Trump Org owes $ billions to domestic and foreign banks and advocates to reduce regulation.
How dare a government/ treasury that guarantees deposits attempt to regulate banks.
Community banks were failing and merging long before Dodd- Frank. They do not however impose the same systemic risks as the big banks do. Holding big banks and community banks to the same standards is worthy of a second look.
Location: By the sea, by the sea, by the beautiful sea
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Quote:
Originally Posted by eddie gein
It's funny. Obama gets Bin Laden 3 years into his term and all the Right Wingers claim "it was Bush' plan and design. Obama gets no credit".
So now here we are two and a half weeks into Trump's term and he fully owns the stock market. Never mind it more than doubled during Obama's two terms.
And of course we all know the market rose IN SPITE of Obama, and we all know it is going up now BECAUSE of Trump.
And he walks down the East River from midtown to get there!
I've heard that a number of billionaires (including Soros) are not happy that their yes man (Hillary) was not installed. I'm starting to heard grumblings that they are making a move against the USD, and the stock market.
I have no idea if this is true, but we know Soros are crashed other currencies, and economies in the past.
It will be interesting to see if the donor class makes a move to crash the economy as the ultimate attack against Trump.
All I need to know is this: NVDA is sitting at $120 and earnings come out Thursday.
The day my HTC Vive came in on April 6 2016, I bought 1000 shares of nVidia, at $35.50 / share, because I thought nVidia and VR were a match made in heaven (just like the GeForce and Quake 3 / Unreal Tournament were a great match back in late 1999). That turned out to be an unbelievable bet. I sold off half of my shares just before the end of the year after the Trump Bump for $110 -- so that netted me over $37K in profit (before tax). My remaining 500 shares are up $84.65 per share as of now, or over $42K. I've just been beside myself watching this thing grow. Should have put everything I had in back in April.
Wondering if I should sell before earnings or buy more before earnings.........................
Interesting, indeed. Just where did you hear this interesting bit of information? I'd like to read about it, so please cite some sources. Thanks.
Quote:
Originally Posted by middle-aged mom
Where did you " hear" this?
It's just some stuff I'm hearing when I stick my ear to the ground.
It's too early to know if this is true or not, so there aren't any good sources to provide as of yet.
In all honesty, I can't vouch for the accuracy of this information, so I'll hold off on providing any sources.
So take it with a grain of salt, I just mentioned it because it seems to be plausible, so people should keeps their eyes, and ears open.
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