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Old 04-23-2019, 02:06 PM
 
34,301 posts, read 15,553,489 times
Reputation: 13053

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Good news for everyone but some Dems as Nasdaq hits all time high.

We know its the economy stupid, as the saying goes. Need more proof we are not on the edge of a meltdown ?



https://www.marketwatch.com/story/st...=mw_latestnews

U.S. stocks marched toward records Tuesday, with the S&P 500 and Nasdaq surpassing their all-time closing highs, as investors parsed a wave of corporate earnings,

What are analysts saying?
Potential new closing highs “are being driven by some really solid earnings reports

Last edited by phma; 04-23-2019 at 02:13 PM.. Reason: wording
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Old 04-23-2019, 02:38 PM
 
Location: NC
5,129 posts, read 2,580,890 times
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DOW still well over 25000 as well.
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Old 04-23-2019, 02:42 PM
 
Location: Florida
7,195 posts, read 5,694,110 times
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The last time you started a "Trump is the BEST with the economy!!!!" thread, it was kind of like the kiss of death....
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Old 04-23-2019, 02:56 PM
 
Location: NC
5,129 posts, read 2,580,890 times
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Quote:
Originally Posted by AnotherTouchOfWhimsy View Post
The last time you started a "Trump is the BEST with the economy!!!!" thread, it was kind of like the kiss of death....
Buy puts if you are so confident of such..after all the VIX is low.
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Old 04-23-2019, 03:57 PM
 
34,301 posts, read 15,553,489 times
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Quote:
Originally Posted by AnotherTouchOfWhimsy View Post
The last time you started a "Trump is the BEST with the economy!!!!" thread, it was kind of like the kiss of death....
That's a matter of opinion too. 2500 is in the rearview mirror.

I'm not opposed to the kiss as long as I can direct where its planted.
That won't kill me so death isn't a worry.
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Old 04-23-2019, 04:28 PM
 
9,897 posts, read 3,405,267 times
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I never take a high stock market as a thing to by joyous about; what goes up can come down.
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Old 04-23-2019, 04:34 PM
 
79,907 posts, read 43,952,085 times
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Oil stocks are up. That is not good but for very few.
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Old 04-23-2019, 04:45 PM
 
20,955 posts, read 8,596,631 times
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NASDAQ was almost 5,000 in the year 2000.
It was about 3,000 in 2007 (prior to the GWB Great Recession)....


If you invested on or about the high in 2000, you'd make "Don the Con" type of returns (similar to his ROI on his inheritance) - 2.5%

If you were lucky enough not to invest in the dot-com bubble and got in at 2900 or so in 2007, you'd make 5.5%

But, as I have said before, if the market goes up 2% each year, that means NEW HIGHS each year. MAGA.

There is good reason Trump likes the uneducated. Like him, they can't compare what an ROI should be (Trump would have 100 Billion if he invested with Buffet and 20 Billion if he used an index).

That said, I am finally back up to where I was 16 or 17 months ago. MAGA.

Last edited by craigiri; 04-23-2019 at 04:54 PM..
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Old 04-23-2019, 04:51 PM
 
Location: NC
5,129 posts, read 2,580,890 times
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Quote:
Originally Posted by craigiri View Post

If you invested on or about the high in 2000, you'd make "Don the Con" type of returns (similar to his ROI on his inheritance) - 2.5%

If you were lucky enough not to invest in the dot-com bubble and got in at 2900 or so in 2007, you'd make 5.5%

But, as I have said before, if the market goes up 2% each year, that mens NEW HIGHS each year. MAGA.

good examples of how to lie with statistics 101

heres another:
IF you invested at the start of this year, you are up ~17% or so today.
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Old 04-23-2019, 04:57 PM
 
Location: Del Rio, TN
39,808 posts, read 26,344,272 times
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Quote:
Originally Posted by sliverbox View Post
The other splendid news is that despite a strong economy the current president still has a pretty awful approval rating- a good 20% lower than Obama's- and as of this week fell a further 3% after the release of the Mueller report. Good news indeed.
Given the constant lies and manipulation of the "mainstream" news programming you'd think he would be doing far worse. If we actually had a media that told the truth, it would perhaps be the most "approved" pres in history. Instead he's down around Obama levels-in spite of the same MSMs efforts to bolster his ratings and hide every act of failure and corruption.
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