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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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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #1

    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

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    L 1 Reply Last reply
    • 89th8 Offline
      89th8 Offline
      89th
      wrote on last edited by
      #2

      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 taiwan_girlT 2 Replies Last reply
      • MikM Away
        MikM Away
        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 Offline
              KlausK Offline
              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 Online
                jon-nycJ Online
                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 Away
                    MikM Away
                    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 Online
                              jon-nycJ Online
                              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
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