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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. S&P, Dow hit record highs today.

S&P, Dow hit record highs today.

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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #3

    The market will be fine. We had double digit returns for 2020, using January as the starting point.

    “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

    1 Reply Last reply
    • JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #4

      Yep, time for the bottom to fall out...

      “Cry havoc and let slip the DOGE of war!”

      Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

      AxtremusA 1 Reply Last reply
      • JollyJ Jolly

        Yep, time for the bottom to fall out...

        AxtremusA Offline
        AxtremusA Offline
        Axtremus
        wrote on last edited by
        #5

        @jolly said in S&P, Dow hit record highs today.:

        Yep, time for the bottom to fall out...

        Why made you say that?

        JollyJ 1 Reply Last reply
        • KlausK Online
          KlausK Online
          Klaus
          wrote on last edited by
          #6

          I must be one of the worst stock pickers. Most of the single stocks I selected have developed well below the market.

          Luckily I mainly invest in broad ETFs.

          1 Reply Last reply
          • jon-nycJ Offline
            jon-nycJ Offline
            jon-nyc
            wrote on last edited by
            #7

            Gold down 2.5%.

            Only non-witches get due process.

            • Cotton Mather, Salem Massachusetts, 1692
            1 Reply Last reply
            • AxtremusA Axtremus

              @jolly said in S&P, Dow hit record highs today.:

              Yep, time for the bottom to fall out...

              Why made you say that?

              JollyJ Offline
              JollyJ Offline
              Jolly
              wrote on last edited by
              #8

              @axtremus said in S&P, Dow hit record highs today.:

              @jolly said in S&P, Dow hit record highs today.:

              Yep, time for the bottom to fall out...

              Why made you say that?

              Business cycle, fundamentals and an old-fashioned gut feeling.

              “Cry havoc and let slip the DOGE of war!”

              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

              MikM AxtremusA 2 Replies Last reply
              • JollyJ Jolly

                @axtremus said in S&P, Dow hit record highs today.:

                @jolly said in S&P, Dow hit record highs today.:

                Yep, time for the bottom to fall out...

                Why made you say that?

                Business cycle, fundamentals and an old-fashioned gut feeling.

                MikM Offline
                MikM Offline
                Mik
                wrote on last edited by
                #9

                @jolly I think you are right in that it seems artificially high. On the other hand there is no question that a lot of companies made huge gains during the pandemic.

                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                1 Reply Last reply
                • L Offline
                  L Offline
                  Loki
                  wrote on last edited by
                  #10

                  $2000 stimulus checks get pumped into the economy.

                  HoraceH 1 Reply Last reply
                  • L Loki

                    $2000 stimulus checks get pumped into the economy.

                    HoraceH Offline
                    HoraceH Offline
                    Horace
                    wrote on last edited by
                    #11

                    @loki said in S&P, Dow hit record highs today.:

                    $2000 stimulus checks get pumped into the economy.

                    Mostly iPhones, as far as I can tell.

                    Education is extremely important.

                    jon-nycJ 1 Reply Last reply
                    • 89th8 89th

                      I think they welcome the stability of having Trump out, as well as the positive outlook of the 2021 economy healing from the pandemic. My accounts are up 32% from a year ago.

                      LarryL Offline
                      LarryL Offline
                      Larry
                      wrote on last edited by
                      #12

                      @89th said in S&P, Dow hit record highs today.:

                      I think they welcome the stability of having Trump out, as well as the positive outlook of the 2021 economy healing from the pandemic. My accounts are up 32% from a year ago.

                      And you think your accounts went up over the last 12 months because of Biden...

                      BWAAAHAHAHAHAAAAAA

                      1 Reply Last reply
                      • CopperC Offline
                        CopperC Offline
                        Copper
                        wrote on last edited by
                        #13

                        The numbers for Mr. Trump's term will look OK

                        Mr. Biden, if actually elected, will start with record highs. That could be a tough act to follow. I'm sure he is hoping the crash begins very soon.

                        1 Reply Last reply
                        • HoraceH Horace

                          @loki said in S&P, Dow hit record highs today.:

                          $2000 stimulus checks get pumped into the economy.

                          Mostly iPhones, as far as I can tell.

                          jon-nycJ Offline
                          jon-nycJ Offline
                          jon-nyc
                          wrote on last edited by
                          #14

                          @horace said in S&P, Dow hit record highs today.:

                          @loki said in S&P, Dow hit record highs today.:

                          $2000 stimulus checks get pumped into the economy.

                          Mostly iPhones, as far as I can tell.

                          Did you mean to put this in the cha-ching thread?

                          Only non-witches get due process.

                          • Cotton Mather, Salem Massachusetts, 1692
                          1 Reply Last reply
                          • JollyJ Jolly

                            @axtremus said in S&P, Dow hit record highs today.:

                            @jolly said in S&P, Dow hit record highs today.:

                            Yep, time for the bottom to fall out...

                            Why made you say that?

                            Business cycle, fundamentals and an old-fashioned gut feeling.

                            AxtremusA Offline
                            AxtremusA Offline
                            Axtremus
                            wrote on last edited by
                            #15

                            @jolly said in S&P, Dow hit record highs today.:

                            Business cycle, fundamentals and an old-fashioned gut feeling.

                            On business cycle and fundamentals, would you mind elaborating? Which aspects of the fundamentals suggest that it is "time for the bottom to fall out"?

                            And if you don't mind me asking, how is your gut feeling's track record?

                            JollyJ 1 Reply Last reply
                            • jon-nycJ jon-nyc

                              The market seems to be fine with a slim D government.

                              https://finance.yahoo.com/news/stock-market-news-live-updates-january-6-2021-231328958.html

                              Recall that Loeffler’s hubby is chairman of the NYSE. lol

                              L Offline
                              L Offline
                              Loki
                              wrote on last edited by
                              #16

                              Market is in record territory still while people freak out over DC. Something doesn’t make sense.

                              Doctor PhibesD 1 Reply Last reply
                              • L Loki

                                Market is in record territory still while people freak out over DC. Something doesn’t make sense.

                                Doctor PhibesD Offline
                                Doctor PhibesD Offline
                                Doctor Phibes
                                wrote on last edited by
                                #17

                                @loki said in S&P, Dow hit record highs today.:

                                Market is in record territory still while people freak out over DC. Something doesn’t make sense.

                                Link to video

                                I was only joking

                                1 Reply Last reply
                                • AxtremusA Axtremus

                                  @jolly said in S&P, Dow hit record highs today.:

                                  Business cycle, fundamentals and an old-fashioned gut feeling.

                                  On business cycle and fundamentals, would you mind elaborating? Which aspects of the fundamentals suggest that it is "time for the bottom to fall out"?

                                  And if you don't mind me asking, how is your gut feeling's track record?

                                  JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #18

                                  @axtremus said in S&P, Dow hit record highs today.:

                                  @jolly said in S&P, Dow hit record highs today.:

                                  Business cycle, fundamentals and an old-fashioned gut feeling.

                                  On business cycle and fundamentals, would you mind elaborating? Which aspects of the fundamentals suggest that it is "time for the bottom to fall out"?

                                  And if you don't mind me asking, how is your gut feeling's track record?

                                  One negative year since 1980.

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  1 Reply Last reply
                                  • L Offline
                                    L Offline
                                    Loki
                                    wrote on last edited by
                                    #19

                                    Why is the stock market up 450 if we are on the edge of anarchy? Anyone willing to take that on?

                                    HoraceH 1 Reply Last reply
                                    • L Loki

                                      Why is the stock market up 450 if we are on the edge of anarchy? Anyone willing to take that on?

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by Horace
                                      #20

                                      @loki said in S&P, Dow hit record highs today.:

                                      Why is the stock market up 450 if we are on the edge of anarchy? Anyone willing to take that on?

                                      I'm definitely willing to take that on. In that I am willing to just give the money in exchange for the services. I'll live on that for the rest of my life.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • 89th8 89th

                                        I think they welcome the stability of having Trump out, as well as the positive outlook of the 2021 economy healing from the pandemic. My accounts are up 32% from a year ago.

                                        taiwan_girlT Offline
                                        taiwan_girlT Offline
                                        taiwan_girl
                                        wrote on last edited by
                                        #21

                                        @89th said in S&P, Dow hit record highs today.:

                                        I think they welcome the stability of having Trump out, as well as the positive outlook of the 2021 economy healing from the pandemic. My accounts are up 32% from a year ago.

                                        I agree. Companies like knowing what the future will be, or at least having some sort of reasonable thought of what it will be.

                                        There is not as much interest in who the President is.

                                        1 Reply Last reply
                                        • jon-nycJ Offline
                                          jon-nycJ Offline
                                          jon-nyc
                                          wrote on last edited by
                                          #22

                                          Only non-witches get due process.

                                          • Cotton Mather, Salem Massachusetts, 1692
                                          1 Reply Last reply
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