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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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  • 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
                  • 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
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