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Old 06-25-2018, 01:32 PM
 
1,087 posts, read 781,619 times
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In general, a president can not bring stock market up. However, Trump can potentially do a lot of damages to economy. Damaged relationship with allies are permanent and unrepairable. Trade war with China is also a bad idea for America. Buying $500 billion a year from China is not needless from China. And, inflation, recession can all happen with trade war.

 
Old 06-25-2018, 02:02 PM
 
Location: Kansas City, MISSOURI
20,863 posts, read 9,515,083 times
Reputation: 15573
Dow closes below 200-dma for the first time in 501 days, a bearish signal.
 
Old 06-25-2018, 02:47 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by 6oo9 View Post
In general, a president can not bring stock market up. However, Trump can potentially do a lot of damages to economy. Damaged relationship with allies are permanent and unrepairable. Trade war with China is also a bad idea for America. Buying $500 billion a year from China is not needless from China. And, inflation, recession can all happen with trade war.
Where in the world do you get that idea ? ( in bold above )
"permanent and unrepairable" is nonsense at best.
 
Old 06-25-2018, 02:50 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Here is an interesting link about the unusual relationship between gold and stock market.


http://www.marketwatch.com/story/dea...dist=bigcharts
 
Old 06-25-2018, 02:53 PM
 
Location: Kansas City, MISSOURI
20,863 posts, read 9,515,083 times
Reputation: 15573
Quote:
Originally Posted by phma View Post
Here is an interesting link about the unusual relationship between gold and stock market.


http://www.marketwatch.com/story/dea...dist=bigcharts
I wish articles would stop saying that the price of gold rose or fell because the dollar rose or fell. The price of gold has little to do with the value of the dollar. The price of gold is largely determined by real interest rates.
 
Old 06-25-2018, 03:18 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053
Quote:
Originally Posted by James Bond 007 View Post
I wish articles would stop saying that the price of gold rose or fell because the dollar rose or fell. The price of gold has little to do with the value of the dollar. The price of gold is largely determined by real interest rates.
Here is one you might like.

General Electric’s stock was a component when the Dow Jones Industrial Average was created 122 years ago and has been in the mix continuously since 1907 — that changes after the bell Monday.

http://www.marketwatch.com/story/ges...dist=bigcharts
 
Old 06-25-2018, 03:22 PM
 
3,354 posts, read 1,231,625 times
Reputation: 2301
Quote:
Originally Posted by t206 View Post
Come on man, read my exact words that I quote from the original post instead of just trying to pick a fight.

Key words to make this easy for you, TODAY and 1.55%

Not this year, not 9%. A drop of 1.55% TODAY is not a "big drop"
1.55% drop adds up. Many more like this and we are in a bad place. This retiree is concerned.
 
Old 06-25-2018, 03:24 PM
 
3,354 posts, read 1,231,625 times
Reputation: 2301
Quote:
Originally Posted by phma View Post
People have different styles of investing and therefore different results. For every buyer there is a seller and every seller has a buyer.
Leftist ideology wants a guaranteed outcome. What if they rigged the markets to achieve it. All you would need to do is invest and you are guaranteed a profit. Who would every sell ? Maybe those who retire and take their final profits or someone with an unexpected expense needing to cash in. The market would have no place to go but up. It would destroy the markets just as it would destroy a country with the same policy and ideology.

For those arguing that the President can or can't move the market. Here is a good test. Short or long term effect ? Place your bets.

http://www.foxbusiness.com/markets/h...=hp1s5_c1,hp1s

Easing tensions and finding an agreement by both countries would be seen as a positive step in the eyes of the international community. However, Hormats said the markets would react negatively if the summit results in a display or threat of military force.
Who said leftist ideology wants a guaranteed income? You really believe that nonsense you “heard”?
Leftist ideology wants a fair deal for everyone.
 
Old 06-25-2018, 03:29 PM
 
10,553 posts, read 9,645,339 times
Reputation: 4784
Quote:
Originally Posted by t206 View Post
Lets at least be accurate. Today is not a big drop by any means. As I type this, the Dow is down 1.55%. Anyone who thinks that is a "big drop" doesn't have the risk tolerance to invest in equities and should be 100% in fixed income.

Besides all of that, volatility is good and should be expected in a healthy market. My personal belief is that we will see an actual "big drop" in the near term, but todays 1% sure isnt it.
Volatility of the market is a good thing? I don't think you will find any economist or trader agreeing with you.
 
Old 06-25-2018, 03:42 PM
 
Location: NC
5,129 posts, read 2,595,148 times
Reputation: 2398
Quote:
Originally Posted by Finn_Jarber View Post
DOW -450
the negative nancy is back. i hope you own puts, it was a good opportunity to put on some credit spreads(again) with the elevated VIX.
hope your day in the market was as good as mine.
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