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The New Coffee Room

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stock market

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  • 89th8 Offline
    89th8 Offline
    89th
    wrote on last edited by
    #18

    The market was quite "bubbly" after the 2020 crash so statisticians would say it was due to come back to earth to at least the 200 day moving average if not further. It probably wouldn't be at 3850 but would probably be in the low 4000s.

    1 Reply Last reply
    • LuFins DadL LuFins Dad

      Time to make some money.

      JollyJ Offline
      JollyJ Offline
      Jolly
      wrote on last edited by
      #19

      @LuFins-Dad said in stock market:

      Time to make some money.

      @LuFins-Dad said in stock market:

      Time to make some money.

      Not yet.

      “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
      • Doctor PhibesD Offline
        Doctor PhibesD Offline
        Doctor Phibes
        wrote on last edited by
        #20

        Inflation in the UK is currently 9%. It can't be BoJo's fault - after all, they call him Britain Trump!

        I was only joking

        taiwan_girlT 1 Reply Last reply
        • Doctor PhibesD Doctor Phibes

          Inflation in the UK is currently 9%. It can't be BoJo's fault - after all, they call him Britain Trump!

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

          @Doctor-Phibes Shhhhhh!

          That does not fit the narration that President Biden is responsible for the inflation that is going around the world.

          George KG 1 Reply Last reply
          • MikM Away
            MikM Away
            Mik
            wrote on last edited by
            #22

            I don't believe anyone has said Biden is solely responsible for inflation. Pretty much everyone has said there would be inflation if Trump had been re-elected.

            What folks have said is that Biden's policies have not helped tamp inflation down and, in some cases, have exacerbated it.

            If you want to misconstrue that as some kind of anti-Biden narrative, that says more about your own narrative than anyone else's.

            However, as with all presidents, many will hold him responsible for it in the upcoming elections.

            “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
            • taiwan_girlT taiwan_girl

              @Doctor-Phibes Shhhhhh!

              That does not fit the narration that President Biden is responsible for the inflation that is going around the world.

              George KG Offline
              George KG Offline
              George K
              wrote on last edited by
              #23

              @taiwan_girl said in stock market:

              @Doctor-Phibes Shhhhhh!

              That does not fit the narration that President Biden is responsible for the inflation that is going around the world.

              No, it doesn't. But in politics, perception is reality. Few people care what's going on elsewhere, particularly in BoJo land. All they see is that they're spending thousands more per year on gasoline, food and utilities.

              As @jon-nyc pointed out, the Trump "stimulus" certainly might have lit the fire during COVID back in 2020, but no one will see that. They only see the here and now. And less than a quarter of the country sees things going in the right direction.

              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

              1 Reply Last reply
              • JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #24

                Saw some polling numbers on Hispanics last night. The bottom has fallen out of Biden's support among that group.

                Interesting...

                “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

                George KG 1 Reply Last reply
                • MikM Away
                  MikM Away
                  Mik
                  wrote on last edited by
                  #25

                  He lost the Cuban vote for sure.

                  “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 Jolly

                    Saw some polling numbers on Hispanics last night. The bottom has fallen out of Biden's support among that group.

                    Interesting...

                    George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #26

                    @Jolly said in stock market:

                    Saw some polling numbers on Hispanics last night. The bottom has fallen out of Biden's support among that group.

                    29%, iirc.

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    1 Reply Last reply
                    • HoraceH Online
                      HoraceH Online
                      Horace
                      wrote on last edited by
                      #27

                      He'll always have the progressive white women and feminized men.

                      Education is extremely important.

                      1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #28

                        Words from Pete...

                        Link to video

                        “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
                        • MikM Away
                          MikM Away
                          Mik
                          wrote on last edited by
                          #29

                          Good advice.

                          “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
                          • taiwan_girlT Offline
                            taiwan_girlT Offline
                            taiwan_girl
                            wrote on last edited by
                            #30

                            @George-K @Mik

                            I agree. Two years ago, (even though I am not a President Trump fan), I said that he was not to blame for the economic problems caused by COVID and would have been reelected otherwise.

                            I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                            Doctor PhibesD 1 Reply Last reply
                            • taiwan_girlT taiwan_girl

                              @George-K @Mik

                              I agree. Two years ago, (even though I am not a President Trump fan), I said that he was not to blame for the economic problems caused by COVID and would have been reelected otherwise.

                              I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                              Doctor PhibesD Offline
                              Doctor PhibesD Offline
                              Doctor Phibes
                              wrote on last edited by
                              #31

                              @taiwan_girl said in stock market:

                              I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                              Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                              I'm sure his supporters hate hearing this, but it's true.

                              I was only joking

                              taiwan_girlT 1 Reply Last reply
                              • Doctor PhibesD Doctor Phibes

                                @taiwan_girl said in stock market:

                                I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                I'm sure his supporters hate hearing this, but it's true.

                                taiwan_girlT Offline
                                taiwan_girlT Offline
                                taiwan_girl
                                wrote on last edited by
                                #32

                                @Doctor-Phibes said in stock market:

                                @taiwan_girl said in stock market:

                                I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                I'm sure his supporters hate hearing this, but it's true.

                                That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                Doctor PhibesD 1 Reply Last reply
                                • taiwan_girlT taiwan_girl

                                  @Doctor-Phibes said in stock market:

                                  @taiwan_girl said in stock market:

                                  I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                  Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                  I'm sure his supporters hate hearing this, but it's true.

                                  That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                  Doctor PhibesD Offline
                                  Doctor PhibesD Offline
                                  Doctor Phibes
                                  wrote on last edited by
                                  #33

                                  @taiwan_girl said in stock market:

                                  @Doctor-Phibes said in stock market:

                                  @taiwan_girl said in stock market:

                                  I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                  Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                  I'm sure his supporters hate hearing this, but it's true.

                                  That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                  Much the same as in 2016

                                  I mean, Hillary - really?

                                  I was only joking

                                  AxtremusA 1 Reply Last reply
                                  • Doctor PhibesD Doctor Phibes

                                    @taiwan_girl said in stock market:

                                    @Doctor-Phibes said in stock market:

                                    @taiwan_girl said in stock market:

                                    I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                    Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                    I'm sure his supporters hate hearing this, but it's true.

                                    That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                    Much the same as in 2016

                                    I mean, Hillary - really?

                                    AxtremusA Offline
                                    AxtremusA Offline
                                    Axtremus
                                    wrote on last edited by
                                    #34

                                    @Doctor-Phibes said in stock market:

                                    @taiwan_girl said in stock market:

                                    @Doctor-Phibes said in stock market:

                                    @taiwan_girl said in stock market:

                                    I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                    Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                    I'm sure his supporters hate hearing this, but it's true.

                                    That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                    Much the same as in 2016

                                    I mean, Hillary - really?

                                    Hillary, like Mitt, would have been a competent President.

                                    When the electorate passed Hillary over in 2008, at least the chosen one was also a competent President. Not so in 2016.

                                    JollyJ 1 Reply Last reply
                                    • LuFins DadL LuFins Dad

                                      Time to make some money.

                                      JollyJ Offline
                                      JollyJ Offline
                                      Jolly
                                      wrote on last edited by
                                      #35

                                      @LuFins-Dad said in stock market:

                                      Time to make some money.

                                      You know, I was looking at some historical data today, since The Resident is hellbent on dragging us into stagflation. Took darn near 30 YEARS to get back to the market high of January 1966, once the economy started to wind down.

                                      Now, it ain't 1966. Or hopefully, not 1976. Some things are really different...World trade, for one. The pressure of the 401K investment class, for another.

                                      Just me, but if I was going into the market right now, it would be buy and hold in blue chip companies that provide goods and services that Americans will buy in even a protracted down economy. And I'd do that with a dollar cost averaging approach.

                                      But that's just me.

                                      “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
                                      • AxtremusA Axtremus

                                        @Doctor-Phibes said in stock market:

                                        @taiwan_girl said in stock market:

                                        @Doctor-Phibes said in stock market:

                                        @taiwan_girl said in stock market:

                                        I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                        Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                        I'm sure his supporters hate hearing this, but it's true.

                                        That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                        Much the same as in 2016

                                        I mean, Hillary - really?

                                        Hillary, like Mitt, would have been a competent President.

                                        When the electorate passed Hillary over in 2008, at least the chosen one was also a competent President. Not so in 2016.

                                        JollyJ Offline
                                        JollyJ Offline
                                        Jolly
                                        wrote on last edited by
                                        #36

                                        @Axtremus said in stock market:

                                        @Doctor-Phibes said in stock market:

                                        @taiwan_girl said in stock market:

                                        @Doctor-Phibes said in stock market:

                                        @taiwan_girl said in stock market:

                                        I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                        Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                        I'm sure his supporters hate hearing this, but it's true.

                                        That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                        Much the same as in 2016

                                        I mean, Hillary - really?

                                        Hillary, like Mitt, would have been a competent President.

                                        When the electorate passed Hillary over in 2008, at least the chosen one was also a competent President. Not so in 2016.

                                        Better to be thought a fool, than open one's mouth and confirm it.

                                        “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

                                        George KG 1 Reply Last reply
                                        • JollyJ Jolly

                                          @Axtremus said in stock market:

                                          @Doctor-Phibes said in stock market:

                                          @taiwan_girl said in stock market:

                                          @Doctor-Phibes said in stock market:

                                          @taiwan_girl said in stock market:

                                          I also agree that President Biden has done a terrible job. being much more "reactive" than "proactive" in his job.

                                          Another of Trump's achievements. Being such a douchebag that he managed to get somebody as useless as Biden elected.

                                          I'm sure his supporters hate hearing this, but it's true.

                                          That is alot of truth. I would guess that more than 50-55% of the voters in the 2020 election were voting AGAINST a candidate rather than FOR a candidate.

                                          Much the same as in 2016

                                          I mean, Hillary - really?

                                          Hillary, like Mitt, would have been a competent President.

                                          When the electorate passed Hillary over in 2008, at least the chosen one was also a competent President. Not so in 2016.

                                          Better to be thought a fool, than open one's mouth and confirm it.

                                          George KG Offline
                                          George KG Offline
                                          George K
                                          wrote on last edited by
                                          #37

                                          @Jolly said in stock market:

                                          Better to be thought a fool, than open one's mouth and confirm it.

                                          I think Lincoln actually said, "...and remove all doubt."

                                          But there's lots of other lines that are similar, according to the "quote investigator."

                                          Proverbs 17:28. Here is the New International Version followed by the King James Version of this verse: [1]

                                          Even a fool is thought wise if he keeps silent, and discerning if he holds his tongue.

                                          Even a fool, when he holdeth his peace, is counted wise: and he that shutteth his lips is esteemed a man of understanding.

                                          Yale Book of Quotations (YBQ)[2] investigated the saying and presented the earliest known attribution to Lincoln in Golden Book magazine in November 1931:[3]

                                          Better to remain silent and be thought a fool than to speak and to remove all doubt.
                                          — ABRAHAM LINCOLN.

                                          More at this link.

                                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

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