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Old 01-19-2018, 05:47 AM
 
34,054 posts, read 17,071,203 times
Reputation: 17212

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Quote:
Originally Posted by jm1982 View Post
the dow's 31% gain during trump's first year is the best since fdr

https://www.cnbc.com/2018/01/18/the-...since-fdr.html
maga

 
Old 01-22-2018, 09:51 AM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
Market mixed today.

DOW is down slightly as sideway action around 26,000 looks like a floor may be forming.

Venezuela in the news.
Socialist are destroying the economy with no end to the nightmare in sight.

American companies with exposure are taking huuuuuge losses. Some taking hundreds of millions in write downs for the second year in a row.

Corporate America's nightmare in Venezuela is getting worse - Jan. 19, 2018
 
Old 01-22-2018, 10:14 AM
 
16,212 posts, read 10,823,172 times
Reputation: 8442
Quote:
Originally Posted by pknopp View Post
The stock market is not the economy.
This. Also, as was noted, the stock market has been climbing since 2010.

However, I'm glad Trump hasn't Fd up the outlook of the business community. But we must remember as well that after bull comes a bust. I'm an investor and am actually pretty concerned about the bust and when it will occur. We've had too much rising in the past few years and my accounts are averaging a 15-24% increase over the past few years. In normal times it is 5-10% at the most. Good things don't last forever. I hope for the snowflakey feelings of the Trumpsters that the bust isn't soon and won't cause them tears.

But I'm making sure that everything I'm invested in is diversified so when the good times aren't as good, it won't be such a huge blow to my accounts.
 
Old 01-22-2018, 10:18 AM
 
16,212 posts, read 10,823,172 times
Reputation: 8442
Quote:
Originally Posted by jm1982 View Post
The Dow's 31% gain during Trump's first year is the best since FDR

https://www.cnbc.com/2018/01/18/the-...since-fdr.html
I wonder how many of you are fans of FDR's economic policies lol. He had a near 100% gain!

Obama's gain is also impressive considering the crappy economy at the time.

But will note that the S&P is more important to me. My own increases in the past year were 24% in my index funds that are based on the S&P 500. So I am grateful for the money. I'm probably going to move all my money into those index funds this year since the S&P companies are pretty stable and have always consistently gotten me adequate gains.
 
Old 01-22-2018, 11:44 AM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
There was a bump to the upside when the vote was taking place to open the gov. after Schumer announced he was caving to GOP demands. Market hit a new high again is what I heard but not sure about that. I haven't checked that out yet.
 
Old 02-02-2018, 01:53 PM
 
34,300 posts, read 15,652,035 times
Reputation: 13053
So here is the correction in the DOW accelerating to the downside today.

Off about 5% from the all time high. That is a correction.

Buy low, sell high. Or run
 
Old 02-02-2018, 02:01 PM
 
Location: Florida
76,971 posts, read 47,629,107 times
Reputation: 14806
That was a brutal week. Worst in over 2 years.
 
Old 02-02-2018, 02:02 PM
 
52,431 posts, read 26,628,813 times
Reputation: 21097
Quote:
Originally Posted by Finn_Jarber View Post
That was a brutal week. Worst in over 2 years.
How so? Dow is still above 25,000. What this topic is about.
 
Old 02-02-2018, 02:07 PM
 
Location: NC
5,129 posts, read 2,597,200 times
Reputation: 2398
Quote:
Originally Posted by WaldoKitty View Post
How so? Dow is still above 25,000. What this topic is about.
hes trying to spread that negativity to other threads too, buying opportunity for those that missed the recent run up, chance to sell volatility with todays spike too
 
Old 02-02-2018, 02:08 PM
 
52,431 posts, read 26,628,813 times
Reputation: 21097
Democrats = Poverty Pimps.
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