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Dow just closed at another all-time high

Posted on 7/13/17 at 3:11 pm
Posted by texag7
College Station
Member since Apr 2014
37519 posts
Posted on 7/13/17 at 3:11 pm
Cavuto displaying graphics right now... almost every major player in each sector is up 20-40% since election.

Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 7/13/17 at 3:13 pm to
SO
MUCH
WINNING
Posted by HempHead
Big Sky Country
Member since Mar 2011
55446 posts
Posted on 7/13/17 at 3:13 pm to
As an investor, I am incredibly happy, but as someone who is very wary of runaway market bubbles, I fear an inevitable retraction in which values drop just a little bit and a lot of capital ventures go completely belly-up because they were riding high on the hog.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 7/13/17 at 3:13 pm to
Again, honest question… is QE still going on?
Posted by Ingloriousbastard
Member since May 2015
917 posts
Posted on 7/13/17 at 3:17 pm to
"If" they cut taxes then all "should" be fine IMO. The market likes the decrease in regulations, but a tax cut will really boost profits.
This post was edited on 7/13/17 at 3:18 pm
Posted by RidiculousHype
St. George, LA
Member since Sep 2007
10201 posts
Posted on 7/13/17 at 3:24 pm to
The Dow has increased 11,928 points since Election Day 2008. Of that 11,928-point increase, 3,221 points (27%) have happened since Election Day 2016.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11808 posts
Posted on 7/13/17 at 3:29 pm to
When he hits 50K he will be at Obama's level.
Posted by texag7
College Station
Member since Apr 2014
37519 posts
Posted on 7/13/17 at 3:29 pm to
And most companies within the Dow are up 20-40% since election 2016.
Posted by Tiger n Austin
Austin, Tx
Member since Dec 2005
6682 posts
Posted on 7/13/17 at 3:30 pm to
All that legislation that he passed is really paying off. Right? MAGA
Posted by narddogg81
Vancouver
Member since Jan 2012
19691 posts
Posted on 7/13/17 at 3:55 pm to
quote:

I fear an inevitable retraction in which values drop just a little bit 
why? I use that opportunity to get stuff on sale.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55446 posts
Posted on 7/13/17 at 3:57 pm to
quote:

why? I use that opportunity to get stuff on sale.



As would most wise investors. I'm just saying that soaring profitability and a sense of 'this will never end!' creates risky capital allocation that can crash and burn at the slightest downturn, especially if you're looking at thin margins based on the current trajectory.
Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45188 posts
Posted on 7/13/17 at 3:59 pm to
The stock market knows whats up.

We have a President that actually understands business.

BOUT frickING TIME
Posted by mofungoo
Baton Rouge
Member since Nov 2012
4583 posts
Posted on 7/13/17 at 4:27 pm to
Clearly, President Trump is pointing the country in the right direction. Now, if Congress would do it's job....

MAGA
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29678 posts
Posted on 7/13/17 at 4:28 pm to
quote:

Dow just closed at another all-time high


must be all that big money coming in from Russian Oligarchs

(am I doing this right?)
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/13/17 at 4:31 pm to
No dumbass the regulation slashing etc has the economic outlook at a 2 decade high

The market measures expectations
Posted by dcbl
Good guys wear white hats.
Member since Sep 2013
29678 posts
Posted on 7/13/17 at 4:32 pm to
it is absolutely inevitable that there will be a pull-back at some point

and you are right, this type of market fosters inflated opportunities that are built on hype

but overall, it does look like Trump's agenda is having a positive effect on investor confidence
Posted by conservativewifeymom
Mid Atlantic
Member since Oct 2012
12026 posts
Posted on 7/13/17 at 4:34 pm to
Is anybody in what passes for media these days attributing this to the President? I'd be shocked.
Posted by Sid in Lakeshore
Member since Oct 2008
41956 posts
Posted on 7/13/17 at 4:42 pm to
quote:

a sense of 'this will never end!'


I do not know one person who has even remotely indicated this sentiment. Where have you heard this?
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