DOW Drops 500 points because of of Trump starting a potential trade war...

Discussion in 'The Okie Corral' started by El Viajero, Apr 6, 2018.

  1. rj1939

    rj1939

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    A pull back wasn't out of line, but this one is becoming sizable. The market never moves in a straight line.
    It over corrects too.
     
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  2. rj1939

    rj1939

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    powell shocked 2.jpg That look you get, when you have spent Trillions buying............well, everything, only to have the market go down.
     
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  3. Jonesee

    Jonesee

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    The futures markets are up. Let's hope it holds.

    I just did my cypherin' to total the loss and it was not a good day. :crying:
     
  4. mike from st pe

    mike from st pe

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    I still have more value than at the end of 0bama
     
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  5. Jonesee

    Jonesee

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    And I have more since W was President.
    My returns were actually higher in the Obama administration.

    As I've said before. The Presidents' real impact on the market is limited. Trump made a mistake in claiming it. Live by the market, die by the market.

    It's going to be a rough couple of years. We are in a recession and Covid continues to impact the economy and markets negatively.

    Meh, we've been through it all before.
     
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  6. mike from st pe

    mike from st pe

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    0bama and W sucked TRUMP is the man for return on investment.
     
  7. Jonesee

    Jonesee

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    I don't see that.
    From inauguration month through the next 4 years I can't see Trump leading for either of Obama's terms. The caveat is of course Trump hasn't finished the full 4 year term, but one has to assume this year's returns will be flat to marginal at best.

    They both lead Bush for sure.

    https://www.slickcharts.com/sp500/returns
     
  8. ChuteTheMall

    ChuteTheMall Wallbuilder and Weapon Bearer

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    25,981.72 +246.75 (0.96%)
    Jul 2, 11:50 AM EDT Today.

    15,973.84 Feb 12 2016

    Are you better off now than you were four years ago? :elephant: Or are you a loser?
     
    Last edited: Jul 2, 2020
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  9. ChuteTheMall

    ChuteTheMall Wallbuilder and Weapon Bearer

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    FIFY
     
  10. ChuteTheMall

    ChuteTheMall Wallbuilder and Weapon Bearer

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    Today it's already 28,068 and it's not even noon yet. :elephant:
     
  11. Bradd D

    Bradd D

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    Impossible. The GT pundits have told me that Trump has destroyed the economy and will not be re-elected.
     
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  12. Vito

    Vito

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    At one point my investment account was down almost 30%, now it is about 3% below the high.
     
  13. evlbruce

    evlbruce

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    Quick, put everything in!
     
  14. Intolerant

    Intolerant

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    Trumps lowest will always be higher than obamba`s high`s ever where.
     
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  15. Jonesee

    Jonesee

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    Do you think the market gains will hold?
     
  16. mdlott

    mdlott

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    Do you? Serious question as I know you're a finance guy and study this stuff. Do you anticipate a major sell off after the election?
     
  17. knoxrocks222

    knoxrocks222

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    Yeah I’m winning because when Obama was in office dow Jones stayed around 15,000
     
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  18. Jonesee

    Jonesee

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    My disclaimer: I don't conflate politics with market performance. The market is green not red or blue.

    I think the market has to correct for several reasons.
    • The easy money can't continue. When the Fed pulls back the market will feel it
    • The economy is not on a pace to support the forward looking earnings that are needed to support current prices.
    • And related, the full economic effect of Covid (business closures, unemployment, continued shrinking GDP) is not being reflected in the markets
    • Finally, inflation is inevitable with all the support and incentive the Fed has thrown at the company to limit the depth and length of the recession (and trying to prevent a depression which they have successfully done so far).
    I don't time the market. I've learned I'm not smart enough. What I will do though is sit tight and not make any moves until the Fed mentions "rate increases" (when they see inflationary pressures) indicating the party is over and that will prompt me to get out of fixed instruments (not equities). I am also looking at the international markets as a hedge.

    this is all worth exactly what you paid for it...
     
    Last edited: Aug 11, 2020 at 6:47 PM
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  19. Jonesee

    Jonesee

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  20. Vito

    Vito

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    I predict the DOW to go to 30,000 by 11/30 after Trump’s re-election, and then possibly to 35,000 by the end of 2021.
     
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