S&P, Dow hit record highs today.
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wrote on 6 Jan 2021, 18:35 last edited by
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.
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@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.
wrote on 6 Jan 2021, 18:53 last edited by@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?
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@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.
wrote on 6 Jan 2021, 19:35 last edited by@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?
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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
wrote on 6 Jan 2021, 20:15 last edited byMarket is in record territory still while people freak out over DC. Something doesn’t make sense.
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Market is in record territory still while people freak out over DC. Something doesn’t make sense.
wrote on 6 Jan 2021, 20:21 last edited by@loki said in S&P, Dow hit record highs today.:
Link to videoMarket is in record territory still while people freak out over DC. Something doesn’t make sense.
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@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?
wrote on 6 Jan 2021, 20:22 last edited by@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.
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wrote on 6 Jan 2021, 20:33 last edited by
Why is the stock market up 450 if we are on the edge of anarchy? Anyone willing to take that on?
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Why is the stock market up 450 if we are on the edge of anarchy? Anyone willing to take that on?
wrote on 6 Jan 2021, 22:54 last edited by Horace 1 Jun 2021, 22:55@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.
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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.
wrote on 7 Jan 2021, 01:59 last edited by@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.
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wrote on 7 Jan 2021, 02:10 last edited by