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Started By
Message
Dow Jones 5-Year chart.
Posted on 2/28/20 at 8:15 am
Posted on 2/28/20 at 8:15 am
8
Posted on 2/28/20 at 8:15 am to Buckeye Jeaux
K
Posted on 2/28/20 at 8:18 am to Janky
K indeed. 15,000+ points above where Barry left it.
Posted on 2/28/20 at 8:18 am to Buckeye Jeaux
Like I said when everyone would post how well the stock market was doing (and those posts seem to be dwindling now 
)... the president often has very little to do with how well or how poorly the stock market performs.
)... the president often has very little to do with how well or how poorly the stock market performs.
Posted on 2/28/20 at 8:18 am to Buckeye Jeaux
Still, I parked everything on the sidelines almost two weeks ago. Am poised to grab some great bargains, but this hasn't bottomed yet.
Posted on 2/28/20 at 8:18 am to Janky
quote:
Janky
K
Posted on 2/28/20 at 8:20 am to Buckeye Jeaux
That thing was flat as shite the last couple years of Obama
Then took off like a rocket after Trump won
Then took off like a rocket after Trump won
This post was edited on 2/28/20 at 8:22 am
Posted on 2/28/20 at 8:21 am to NYNolaguy1
Trump's policies are the primary reason the market is 25,000+
MSM and the Dem resistance (and Bloomie) is pulling all the stops to attempt to force a bogus a stock market panic.
MSM and the Dem resistance (and Bloomie) is pulling all the stops to attempt to force a bogus a stock market panic.
This post was edited on 2/28/20 at 8:23 am
Posted on 2/28/20 at 8:24 am to Buckeye Jeaux
quote:
Trump's policies are the primary reason the market is 25,000+
To an extent sure, but often times the president is the tail, not the dog.
No one has complete control of the market. The stock market is not a good barometer of any president (as you can see now).
Posted on 2/28/20 at 8:25 am to Buckeye Jeaux
Either that or negative interest rates in Europe
Posted on 2/28/20 at 8:29 am to NYNolaguy1
No but deregulation and tax cuts allow more people to have more money, along with making buying the market more appealing immediately. Allows businesses more profits and more stock buy backs or dividends. But correct no one has ‘complete control’ except the illuminati
Posted on 2/28/20 at 8:29 am to Buckeye Jeaux
Percentage wise we aren't as bad as other periods. The "news" hyping everything on points swing ignores the way larger base for those point swings.
Posted on 2/28/20 at 8:30 am to Buckeye Jeaux
Great buying time.
Corona is the only reason everything is down.
Corona is the only reason everything is down.
Posted on 2/28/20 at 8:31 am to HubbaBubba
quote:
Still, I parked everything on the sidelines almost two weeks ago. Am poised to grab some great bargains, but this hasn't bottomed yet.
You'll never time the bottom. If you think mankind survives and life returns to normal then buy some each 3-5% drop. If this virus turns into a mutating mess that's much more serious/deadly than we're being told I can assure everyone their money will be their last worry. If we get into that scenario you better have a bug out location with life sustaining provisions and hard assets ......money will be worthless....gold, silver, ammo, food..now you're talking.
Posted on 2/28/20 at 8:44 am to NYNolaguy1
quote:But his policy and direction have great influence on the markets direction. Adverse out of left field events cannot be attributed toward the POTUS, but his response actions do have consequences. If they are good he gets little praise, unless he is a Dem, and much disrespect if response is lacking, especially if he is a Republican...
the president often has very little to do with how well or how poorly the stock market performs.
Posted on 2/28/20 at 8:45 am to Buckeye Jeaux
Looks awesome. I've needed a good buying opportunity.
Posted on 2/28/20 at 8:55 am to HubbaBubba
quote:I am out now. How do I know when to get back in?
Still, I parked everything on the sidelines almost two weeks ago. Am poised to grab some great bargains, but this hasn't bottomed yet.
Posted on 2/28/20 at 8:56 am to NYNolaguy1
quote:
the president often has very little to do with how well or how poorly the stock market performs.
DJT, taking advice of his outstanding group of financial advisors, did a great job removing the handcuffs of high corporate taxes, lowering personal income taxes, and removing the governor (as in engine RPM retardation) of business killing "regulations," did a lot to advance the stock market, as well as business in general.
Posted on 2/28/20 at 8:59 am to alatxtgr
quote:
But his policy and direction have great influence on the markets direction.
I agree.
quote:
Adverse out of left field events cannot be attributed toward the POTUS, but his response actions do have consequences.
That doesn't mean the left will not try to play it to their advantage (which is what you are seeing now).
quote:
If they are good he gets little praise, unless he is a Dem, and much disrespect if response is lacking, especially if he is a Republican...
This happens every presidential cycle on both sides. The same lines the left is using now were used by the right when Obama was in. This is typical politics.
Posted on 2/28/20 at 9:01 am to steadytiger
quote:
DJT, taking advice of his outstanding group of financial advisors, did a great job removing the handcuffs of high corporate taxes, lowering personal income taxes, and removing the governor (as in engine RPM retardation) of business killing "regulations," did a lot to advance the stock market, as well as business in general.
I agree, which lead to very good stock market returns.
Then coronavirus comes along and wipes out some of those gains. No fault to the president, but thats exactly why the stock market isnt a great barometer of how well a president is doing.
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