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Another day, another Dow record #Trumpspansion

Posted on 11/23/16 at 3:03 pm
Posted by ItNeverRains
37069
Member since Oct 2007
25389 posts
Posted on 11/23/16 at 3:03 pm
I thought I was ready for all the winning.

The Dow at 19082

S&P & Russel up

Dollar at 13 year high

Posted by Seldom Seen
Member since Feb 2016
39990 posts
Posted on 11/23/16 at 3:06 pm to
Can the markets take this much winning?
Posted by joshnorris14
Florida
Member since Jan 2009
45194 posts
Posted on 11/23/16 at 3:07 pm to
Yellen is about to hit the 'knock the house of cards' button
Posted by fooz
DFW
Member since Sep 2011
878 posts
Posted on 11/23/16 at 3:10 pm to
All this winning.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23645 posts
Posted on 11/23/16 at 4:22 pm to
Read an interesting article the other day that suggested that Clinton voters were selling out of the market to prepare for the drop, and Trump supporters were buying in in preparation for the upswing. Really interesting analysis of how things like political outlooks affected investment behavior.

The rational behavior right now is to be leery of records, as that suggests corrections, and cautious of whether Trump will go after trade policy as he described during the campaign, which will destabilize international markets and certainly lead to reductions here as well.

But I still can't figure out whether to stay hard in long term market strategies or whether to shift to lower yield safer strategies.
Posted by tiger7166
Louisiana
Member since Dec 2007
2616 posts
Posted on 11/23/16 at 4:37 pm to
Honestly, do you think Trump will get any credit for the Dow hitting records while Obama is pres?
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35287 posts
Posted on 11/23/16 at 5:30 pm to
quote:

The rational behavior right now is to be leery of records, as that suggests corrections,


frick no it doesn't.

Posted by gamatt53
Member since Nov 2010
4934 posts
Posted on 11/23/16 at 5:32 pm to
Target stock is rocking and rolling
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