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Trumps Propels Dow into 20K...
DrafterX Offline
#1 Posted:
Joined: 10-18-2005
Posts: 98,551
ThumpUp
gummy jones Offline
#2 Posted:
Joined: 07-06-2015
Posts: 7,969
it was inflated when obama was "fixing" the economy and it remains inflated


dstieger Offline
#3 Posted:
Joined: 06-22-2007
Posts: 10,889
at least you didn't say 'bubble'
gummy jones Offline
#4 Posted:
Joined: 07-06-2015
Posts: 7,969
i think the difference here is that there is real optimism for growth through decreased regulation, decrased taxes, job creation, etc, rather than fake growth due to zero interest rates, margin debt, etc

cant imagine, however that there wont be a pullback

but then again i cant believe there hasnt been one yet

so what do i know...
tonygraz Offline
#5 Posted:
Joined: 08-11-2008
Posts: 20,253
And when it crashes Drafter will blame Obama, unless he can somehow justify blaming Hillary..
Speyside Offline
#6 Posted:
Joined: 03-16-2015
Posts: 13,106
Didn't trump ban you from posting?
MACS Offline
#7 Posted:
Joined: 02-26-2004
Posts: 79,776
gummy jones wrote:
it was inflated when obama was "fixing" the economy and it remains inflated



My investment rep and my tax lady agree.
dstieger Offline
#8 Posted:
Joined: 06-22-2007
Posts: 10,889
Prolly time to dump small caps and buy bitcoins
burnem2 Offline
#9 Posted:
Joined: 12-23-2009
Posts: 628
#5 - Gloom and doom entry in the midst of good news. Way to go!
tonygraz Offline
#10 Posted:
Joined: 08-11-2008
Posts: 20,253
On another note, According to The Economist Intelligence Unit (EIU) the United States is no longer a full democracy and has been downgraded to a flawed democracy. This is the first time in our nation’s history that has ever happened.
dstieger Offline
#11 Posted:
Joined: 06-22-2007
Posts: 10,889
tonygraz wrote:
On another note, According to The Economist Intelligence Unit (EIU) the United States is no longer a full democracy and has been downgraded to a flawed democracy. This is the first time in our nation’s history that has ever happened.


Pretty sure the US was NEVER a full democracy.....
gummy jones Offline
#12 Posted:
Joined: 07-06-2015
Posts: 7,969
dstieger wrote:
Pretty sure the US was NEVER a full democracy.....


if anything id say it is closer to a mob rule democracy at this point than the constitutional republic it was designed to be

hopefully we can reverse that
dstieger Offline
#13 Posted:
Joined: 06-22-2007
Posts: 10,889
Kill the spirit and you'll be blinded, the end is always the same
Play with fire, you burn your fingers and lose your hold of the flame, oh
It's over, it's done
The end is begun
If you listen to fools
The Mob Rules
delta1 Offline
#14 Posted:
Joined: 11-23-2011
Posts: 28,788
It hasn't quite gotten to its peak during the Obama administration, but if it can be sustained, there'll be people here hailing it is a measure of Trump's success...

Politics has become worse than a spectator sport because every fan has a unique scoring system and will interpret actual facts/data in diametrically opposed ways and feel justified doing so...at least we can all agree that the Patriots laid a whupping on the Steelers, and the final score is not in dispute...and the L.A. Rams suck azz...
opelmanta1900 Offline
#15 Posted:
Joined: 01-10-2012
Posts: 13,954
#notmysuperbowl
dstieger Offline
#16 Posted:
Joined: 06-22-2007
Posts: 10,889
delta1 wrote:
and will interpret actual facts/data in diametrically opposed ways and feel justified doing so.....



The concept of 'actual facts' is obsolete
jjanecka Offline
#17 Posted:
Joined: 12-08-2015
Posts: 4,334
Yeah it's smoke and mirrors 100%. That's how the US economy operates, in pure faith.
deadeyedick Offline
#18 Posted:
Joined: 03-13-2003
Posts: 17,089
gummy jones wrote:
i think the difference here is that there is real optimism for growth through decreased regulation, decrased taxes, job creation, etc, rather than fake growth due to zero interest rates, margin debt, etc

cant imagine, however that there wont be a pullback

but then again i cant believe there hasnt been one yet

so what do i know...



Well put. I'm not a big fan but the one think Trump is doing right is using the bully pulpit to say we need to think of our own first. Previous administrations have just shrugged their shoulders and said there was nothing they could do about foreign competition in jobs.
delta1 Offline
#19 Posted:
Joined: 11-23-2011
Posts: 28,788
I hope he can deliver a jobs program to rebuild our infrastructure. Once that gets going, that will be an engine that will pay for itself many times over, keeping jobs here, building stuff we need. The stock market, especially for American architectural, engineering and construction companies doing the work and supplying the resources, will go sky high.
Abrignac Offline
#20 Posted:
Joined: 02-24-2012
Posts: 17,278
On 11/11/2016 I went all in with leveraged plays in banking, finance, the Russell Index and semi-conductors. Also, did well with an inverse play on gold. Best 2 1/2 month run I've had since I started growing my retirement nest egg. Im not complaining. GEAUX Trump GEAUX!!!
teedubbya Offline
#21 Posted:
Joined: 08-14-2003
Posts: 95,637
Imagine if you had bet on obama early on.
Nicar Offline
#22 Posted:
Joined: 03-18-2010
Posts: 14,972
Isn't he using Reagonomics? So he is just getting back to his parties beliefs?
frankj1 Online
#23 Posted:
Joined: 02-08-2007
Posts: 44,221
Nicar wrote:
Isn't he using Reagonomics? So he is just getting back to his parties beliefs?

Ronnie said to tear down the wall...
try to keep up HA!
Nicar Offline
#24 Posted:
Joined: 03-18-2010
Posts: 14,972
frankj1 wrote:
Ronnie said to tear down the wall...
try to keep up HA!



Yes, tear down the plans and make a bike trail...... he speaks from beyond the grave
Abrignac Offline
#25 Posted:
Joined: 02-24-2012
Posts: 17,278
teedubbya wrote:
Imagine if you had bet on obama early on.



Politics are one thing. Investments are an entirely different animal. At the end of the day, it's my responsibility to make sure I have enough funds to live out my retirement.

Though there were some ups and downs, I did very well. I'm not in the crowd that buys a security for the long haul. Between the election and about a week ago I turned my entire portfolio over at least twice. In a nutshell I track sector indexes daily. When there is a trend change I double down on leveraged assets using credit swaps, short sells and other nifty things. It's worked nicely for me except a few times when the market took an unexpected crap. But, when that happens you wade in because it's a buyers market.
deadeyedick Offline
#26 Posted:
Joined: 03-13-2003
Posts: 17,089
^ Glad it's working for you (short term) but very few as they say "know when to hold 'em, and when to fold 'em"
gummy jones Offline
#27 Posted:
Joined: 07-06-2015
Posts: 7,969
Abrignac wrote:
Politics are one thing. Investments are an entirely different animal. At the end of the day, it's my responsibility to make sure I have enough funds to live out my retirement.

Though there were some ups and downs, I did very well. I'm not in the crowd that buys a security for the long haul. Between the election and about a week ago I turned my entire portfolio over at least twice. In a nutshell I track sector indexes daily. When there is a trend change I double down on leveraged assets using credit swaps, short sells and other nifty things. It's worked nicely for me except a few times when the market took an unexpected crap. But, when that happens you wade in because it's a buyers market.


short term capital gains taxes are a killer
teedubbya Offline
#28 Posted:
Joined: 08-14-2003
Posts: 95,637
Abrignac wrote:
Politics are one thing. Investments are an entirely different animal. At the end of the day, it's my responsibility to make sure I have enough funds to live out my retirement.

Though there were some ups and downs, I did very well. I'm not in the crowd that buys a security for the long haul. Between the election and about a week ago I turned my entire portfolio over at least twice. In a nutshell I track sector indexes daily. When there is a trend change I double down on leveraged assets using credit swaps, short sells and other nifty things. It's worked nicely for me except a few times when the market took an unexpected crap. But, when that happens you wade in because it's a buyers market.



I went all in end of GWB and early Obama (using as time frames not politics)

sure glad I did.

Go back and read posts from that time from some of the very people still posting in here. The big recommendation was get out the end is coming (mostly political ramblings). Hopefully those folks didn't and didn't realize their losses. Notice how no one ever goes back and recognizes how wrong they were when it doesn't fit their politics.
DrafterX Offline
#29 Posted:
Joined: 10-18-2005
Posts: 98,551
I've always just let it ride... never bailed.. I used to move some stuff around but now I just leave that to the people who know what they're doing.. I hope they are trying to help me anyways.. Mellow
gummy jones Offline
#30 Posted:
Joined: 07-06-2015
Posts: 7,969
teedubbya wrote:
I went all in end of GWB and early Obama (using as time frames not politics)

sure glad I did.

Go back and read posts from that time from some of the very people still posting in here. The big recommendation was get out the end is coming (mostly political ramblings). Hopefully those folks didn't and didn't realize their losses. Notice how no one ever goes back and recognizes how wrong they were when it doesn't fit their politics.


you are correct
there is no doubt that obama was great for the stock market
free money has that sort of effect
if only the stock market = the economy

then we would be sitting pretty!
teedubbya Offline
#31 Posted:
Joined: 08-14-2003
Posts: 95,637
Many of the posters in here were so scared of Obama they were like a dude sobering up while doing a fat chick

pull out... pull out.....
gummy jones Offline
#32 Posted:
Joined: 07-06-2015
Posts: 7,969
well they were correct on a lot of things and certainly wrong on others
DrafterX Offline
#33 Posted:
Joined: 10-18-2005
Posts: 98,551
True.. true... I did get rid of most of my Oil & Gas stock when I switched jobs a few years ago.. it wasn't really a strategy... I just reinvested into my new future... it worked out well tho... Mellow
teedubbya Offline
#34 Posted:
Joined: 08-14-2003
Posts: 95,637
gummy jones wrote:
well they were correct on a lot of things and certainly wrong on others



Absolutely. No one is wrong all the time, nor right. There is a whole list of things that were just true and factual that were in no way based on fact that sort of disappeared into the ether when they became silly. Never to be spoken of again. Do people ever revisit their thoughts and apply it to their thought process today?
delta1 Offline
#35 Posted:
Joined: 11-23-2011
Posts: 28,788
thinkin be hard...
tonygraz Offline
#36 Posted:
Joined: 08-11-2008
Posts: 20,253
Wow up all of 273 points since Obama left office, but today

NASDAQ

5,655.18
-0.02%

S&P 500 Index

2,296.68
-0.07%

FTSE 100

7,161.49
-0.04%

NYSE Composite

11,313.12
-0.23%
deadeyedick Offline
#37 Posted:
Joined: 03-13-2003
Posts: 17,089
WGAS what happened one day. The market is bullish because we have a POTUS that is speaking out against the status quo that previous admins have just ignored as it got worse and worse in terms of international trade.
delta1 Offline
#38 Posted:
Joined: 11-23-2011
Posts: 28,788
yep...too early to tell if he can implement the stuff he's talking about...renegotiating NAFTA, slapping tariffs on Mexico, negotiating with Taiwan, bringing American companies home, telling Europe that we'll pull out of NATO, cozying up to the Russians while they have sanctions on their economy...all of which will have an impact on the global economy and the markets. Our market and all the international ones do better when things are stable, calm and predictable, so the slight upticks now shouldn't be used as a gauge of the future.
Abrignac Offline
#39 Posted:
Joined: 02-24-2012
Posts: 17,278
tonygraz wrote:
Wow up all of 273 points since Obama left office, but today

NASDAQ

5,655.18
-0.02%

S&P 500 Index

2,296.68
-0.07%

FTSE 100

7,161.49
-0.04%

NYSE Composite

11,313.12
-0.23%


Geez that sucks. Looks like the markets crashed today. Oh well, I made 3.24% yesterday so giving back 7 cents today for every dollar I made yesterday is a fair trade off. Oh snap, I just looked at my portfolio. I actually made .21% today. Lucky me.
tonygraz Offline
#40 Posted:
Joined: 08-11-2008
Posts: 20,253
Actually the Dow was up 20 some odd points while all these other indicators fell.
deadeyedick Offline
#41 Posted:
Joined: 03-13-2003
Posts: 17,089
delta1 wrote:
yep...too early to tell if he can implement the stuff he's talking about...renegotiating NAFTA, slapping tariffs on Mexico, negotiating with Taiwan, bringing American companies home, telling Europe that we'll pull out of NATO, cozying up to the Russians while they have sanctions on their economy...all of which will have an impact on the global economy and the markets. Our market and all the international ones do better when things are stable, calm and predictable, so the slight upticks now shouldn't be used as a gauge of the future.



Stability does not have to be achieved by the US acceptance of massive trade imbalances. Obviously past performance is no indicator of the future but I like that the subject is being addressed instead of ignored.
Abrignac Offline
#42 Posted:
Joined: 02-24-2012
Posts: 17,278
delta1 wrote:
yep...too early to tell if he can implement the stuff he's talking about...renegotiating NAFTA, slapping tariffs on Mexico, negotiating with Taiwan, bringing American companies home, telling Europe that we'll pull out of NATO, cozying up to the Russians while they have sanctions on their economy...all of which will have an impact on the global economy and the markets. Our market and all the international ones do better when things are stable, calm and predictable, so the slight upticks now shouldn't be used as a gauge of the future.


More important is the population's individual power. That's a far better indicator of how the people are doing. As far as stability is concerned, that's a trade off.

For some investors, such as people who want to put their savings in a low yield stable investment that works. But, for those who would rather actively manage their investments instability creates opportunities which otherwise would not exist. Such opportunities yield much higher returns.
Covfireman Offline
#43 Posted:
Joined: 09-03-2015
Posts: 809
If we can end the police state we live in that would be progress.
Brewha Offline
#44 Posted:
Joined: 01-25-2010
Posts: 12,175
Covfireman wrote:
If we can end the police state we live in that would be progress.

No way that happens under the "law and order" President......
Abrignac Offline
#45 Posted:
Joined: 02-24-2012
Posts: 17,278
Covfireman wrote:
If we can end the police state we live in that would be progress.


I hear if you live in the Alaska wilderness you can rid yourself of the police state. Say hello to the bush folks for me.
MACS Offline
#46 Posted:
Joined: 02-26-2004
Posts: 79,776
deadeyedick wrote:
[/h]

Stability does not have to be achieved by the US acceptance of massive trade imbalances. Obviously past performance is no indicator of the future but I like that the subject is being addressed instead of ignored.


Agreed.
Covfireman Offline
#47 Posted:
Joined: 09-03-2015
Posts: 809
Abrignac wrote:
I hear if you live in the Alaska wilderness you can rid yourself of the police state. Say hello to the bush folks for me.


I hear if you pull your head out of your azz you can see better . Tell me how the sunrise looks .



danmdevries Online
#48 Posted:
Joined: 02-11-2014
Posts: 17,372
Abrignac wrote:
More important is the population's individual power. That's a far better indicator of how the people are doing. As far as stability is concerned, that's a trade off.

For some investors, such as people who want to put their savings in a low yield stable investment that works. But, for those who would rather actively manage their investments instability creates opportunities which otherwise would not exist. Such opportunities yield much higher returns.


Yup.

Been playing with volatile stocks for the last 3 months and have already had gains over 10% overall. Had some big losses as well, but had more good picks than bad.

My retirement on the other hand is in much more stable funds. Not willing to risk much there.
tonygraz Offline
#49 Posted:
Joined: 08-11-2008
Posts: 20,253
Market taking a dive today after a small loss Friday and now under 20,000 by 80 points.
ZRX1200 Offline
#50 Posted:
Joined: 07-08-2007
Posts: 60,604

"ID SHOULDN'T BE REQUIRED TO PRACTICE YOUR CONSTITUTIONAL RIGHTS"
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