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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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  • 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 Online
          HoraceH Online
          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 Online
                      Doctor PhibesD Online
                      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 Online
                            HoraceH Online
                            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 Online
                                jon-nycJ Online
                                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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