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DOW 26K
Posted: Tue Jan 16, 2018 2:09 pm
by UpstateSCHokie
Could you imagine the slobbering and praise the MSM(D) would be giving Obama if he were still in office? That is all they would be talking about, how great "Obama's economy is." Hell, some of them are still trying to give him credit for it. But with Trump, we don't talk about such things as it might make the low info public realize just how good his policies are.
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https://www.wsj.com/articles/stock-mark ... 1516071275
Re: DOW 26K
Posted: Tue Jan 16, 2018 2:35 pm
by HokieHam
I’m hoping this continues, but the President crowing about this like he does isn’t good. It’s going to correct one day.....then what?
Re: DOW 26K
Posted: Tue Jan 16, 2018 3:50 pm
by HokieJoe
HokieHam wrote:I’m hoping this continues, but the President crowing about this like he does isn’t good. It’s going to correct one day.....then what?
Yep. This bubble is bound to pop.
Re: DOW 26K
Posted: Tue Jan 16, 2018 4:10 pm
by Bay_area_Hokie
Here's a website that some of you might find fun to read. Tradingtribe.com
The MC of the web site is a guy named Ed Sekoyta, some of you would like him as he is an ultra libertarian and he is considered by many to be the person who invented technical analysis of investments. Apparently he went to MIT in the 70s(i think) and took a job with an investment bank and wrote the first software to automate trading and apparently he is wealthy, living on the Nevada side of Lake Tahoe.
Scroll down to the FAQ section of the site and you can read his responses to emails. Some are a hoot.
The site is all about taking the emotion out of trading and riding your winners. It's pseudo psychology meets libertarian principles meets math. Some of you will love it.
Re: DOW 26K
Posted: Tue Jan 16, 2018 5:03 pm
by RiverguyVT
Ive never liked the mis-named "technical analysis" camp
Like driving forward looking only in my rear view mirror.
Re: DOW 26K
Posted: Tue Jan 16, 2018 6:31 pm
by HokieFanDC
UpstateSCHokie wrote:Could you imagine the slobbering and praise the MSM(D) would be giving Obama if he were still in office? That is all they would be talking about, how great "Obama's economy is." Hell, some of them are still trying to give him credit for it. But with Trump, we don't talk about such things as it might make the low info public realize just how good his policies are.
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https://www.wsj.com/articles/stock-mark ... 1516071275
????? The Dow went from 8k to 20k during his term. It went up 25%, from 8k to 10k, in his first year.
Over the last year, the Dow has gone up 25%, from 20k to 25k.
Re: DOW 26K
Posted: Tue Jan 16, 2018 10:01 pm
by 133743Hokie
HokieFanDC wrote:UpstateSCHokie wrote:Could you imagine the slobbering and praise the MSM(D) would be giving Obama if he were still in office? That is all they would be talking about, how great "Obama's economy is." Hell, some of them are still trying to give him credit for it. But with Trump, we don't talk about such things as it might make the low info public realize just how good his policies are.
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https://www.wsj.com/articles/stock-mark ... 1516071275
????? The Dow went from 8k to 20k during his term. It went up 25%, from 8k to 10k, in his first year.
Over the last year, the Dow has gone up 25%, from 20k to 25k.
The reality is that the Obama years were starting with the market at rock bottom. It had no where to go but up. With interest rates at zero no one was purchasing bonds. Instead they were going with blue chips for the dividend stream.
Re: DOW 26K
Posted: Wed Jan 17, 2018 12:16 pm
by ip_law-hokie
What percentage of 401k/retirement funds should be in a stable value fund? I’m a man, I’m forty.
https://youtu.be/c7gb5tThM24
Sent from my iPhone using Tapatalk
Re: DOW 26K
Posted: Thu Jan 18, 2018 2:10 am
by Bay_area_Hokie
ip_law-hokie wrote:What percentage of 401k/retirement funds should be in a stable value fund? I’m a man, I’m forty.
https://youtu.be/c7gb5tThM24
Sent from my iPhone using Tapatalk
“stable value fund” is code for crappy return.
Seriously, I think the SPY and QQQ etfs are great vehicles. I have about a third in each and a third in my high flyer stocks which I trade in and out of.
If you are wildly bullish, go heavier on the Qs. If you want more stability go heavy on SPY.
The indicies are self correcting cause they throw out the dogs all the time.
Sent from my iPhone using Tapatalk
Re: DOW 26K
Posted: Thu Jan 18, 2018 2:23 am
by HokieFanDC
ip_law-hokie wrote:What percentage of 401k/retirement funds should be in a stable value fund? I’m a man, I’m forty.
https://youtu.be/c7gb5tThM24
Sent from my iPhone using Tapatalk
Bitcoin is dipping, you should go hogwild on that!
Re: DOW 26K
Posted: Thu Jan 18, 2018 5:38 am
by ip_law-hokie
Bay_area_Hokie wrote:ip_law-hokie wrote:What percentage of 401k/retirement funds should be in a stable value fund? I’m a man, I’m forty.
https://youtu.be/c7gb5tThM24
Sent from my iPhone using Tapatalk
“stable value fund” is code for crappy return.
Seriously, I think the SPY and QQQ etfs are great vehicles. I have about a third in each and a third in my high flyer stocks which I trade in and out of.
If you are wildly bullish, go heavier on the Qs. If you want more stability go heavy on SPY.
The indicies are self correcting cause they throw out the dogs all the time.
Sent from my iPhone using Tapatalk
I don’t think 20-25% in such a fund right now is ridiculous. 1.5-2% annual growth with no downside that can be set aside for after the correction. I believe the return should increase as interest rates go up.
I agree with you on the index funds 100%.
Sent from my iPhone using Tapatalk
Re: DOW 26K
Posted: Thu Jan 31, 2019 9:55 pm
by HooFighter
Re: DOW 26K
Posted: Thu Jan 31, 2019 10:16 pm
by Uprising
Re: DOW 26K
Posted: Thu Jan 31, 2019 10:59 pm
by Uprising
Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
Re: DOW 26K
Posted: Thu Jan 31, 2019 11:20 pm
by HokieHam
Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
He should. It’d be hilarious.
Re: DOW 26K
Posted: Fri Feb 01, 2019 12:18 am
by HokieFanDC
HokieHam wrote:Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
He should. It’d be hilarious.
It's definitely funny.
Re: DOW 26K
Posted: Fri Feb 01, 2019 2:36 pm
by UpstateSCHokie
Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
Womp womp. Despite your best wishes for America to fail, the markets are doing fine.
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Another Trump Miracle: January 2019 Stock Market Gains Hit Another Record – Best January in History of DOW!
Jim Hoft by Jim Hoft February 1, 2019 29 Comments
President Trump is Making America Great Again!
January’s stock market gains were the greatest ever for a January in the more than 100 years of the DOW.
Percentage-wise, January 2019 was the best January in 30 years!
January 2019 is being labeled the best January for the stock market in 30 years –
Wall Street stocks finished a banner month on a mostly positive note Thursday (Jan 31), with the Dow notching its best January in 30 years, reversing the bruising finale to 2018.
The Dow Jones Industrial Average ended the month at 24,999.67, a 0.1 per cent dip for the session, but up 7.2 percent for all of January.
The broad-based S&P 500 closed at 2,704.10, up 0.9 per cent for the session and 7.9 per cent for the month.
The tech-rich Nasdaq Composite performed even better, closing the month at 7,281.74, up 1.4 per cent for the session and 9.7 per cent for the month.
The highlights of the session included banner results from Facebook that lifted the social media giant 10.8 per cent.
Stocks also picked up momentum late in the session when President Donald Trump hailed “tremendous” progress in US-China trade negotiations held over the last two days in Washington.
In a letter from Chinese leader Xi Jinping to Trump that was read out by the Chinese delegation, Xi said relations were at a “critical” stage and that he hoped “our two sides will continue to work with mutual respect.”
The S&P 500 also had it’s best January in over 30 years –
U.S. stocks closed mostly higher Thursday, with the S&P 500 notching its best January in over three decades, after the Federal Reserve signaled that rate increases are on pause and that its next policy move will depend on economic data.
The actual results are even more shocking when looking at point rises. For the month the DOW, for example, increased by more than 1,600 points. This is the most the DOW has increased in the month of January in its over 100 year history. The DOW ended 2018 at 23,327 and it ended the month of January 2019 at 24,999 for an increase of 1,672 points.
https://www.thegatewaypundit.com/2019/0 ... ry-of-dow/
Re: DOW 26K
Posted: Fri Feb 01, 2019 3:13 pm
by HokieHam
304K jobs added.
Re: DOW 26K
Posted: Fri Feb 01, 2019 3:32 pm
by cwtcr hokie
Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
does it feel good to cheer for my retirement not doing as well as it should be? or for the destruction of wealth?
you are one sick sob
Re: DOW 26K
Posted: Fri Feb 01, 2019 3:41 pm
by awesome guy
cwtcr hokie wrote:Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
does it feel good to cheer for my retirement not doing as well as it should be? or for the destruction of wealth?
you are one sick sob
They're for killing babies after birth so we know how sick and deranged they are.
Re: DOW 26K
Posted: Fri Feb 01, 2019 3:45 pm
by RiverguyVT
Uprising wrote:Dow finished under 25k. Think he'll congratulate himself for crossing it again tomorrow?
It'll be the best crossing of 25k ever.
Re: DOW 26K
Posted: Fri Feb 01, 2019 4:50 pm
by Major Kong
Meh call me when we can obtain Warp 1...then I'll be impressed.