stock market was up today...

#10,978
#10,978
VolStrom said:
I had to look up the market prices because I seldom follow daily movements anymore. I can buy more soup tomorrow.
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It's a terrible thing to do. i know I shouldn't but when I see the DOW up over 200 points, I cant help but look under the Christmas tree to see if Santa brought something shiny.
 
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#10,981
#10,981
Septic said:
It's a terrible thing to do. i know I shouldn't but when I see the DOW up over 200 points, I cant help but look under the Christmas tree to see if Santa brought something shiny.
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DOW may close up 500 points today. Gifts for everyone!
 
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#10,984
#10,984
Thunder Good-Oil said:
Amazon has become a bullet proof brand and likely won’t be hurt by any competitor. Their biggest challenge will be the government. Most likely they will have a century long run if the law makers and Justice Department let them. Think Disney, Coke/Pepsi, AT&T, Exxon/Chevron/BP/Standard, the Big 4 and other financial/insurance institutions, and UPS. Ironically the first and last could face a challenge from Amazon if they are allowed to continue growing vertically and horizontally.
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I think Amazon will eventually see the Ma Bell treatment. I don’t think it’s fair as they saw an opportunity, made a business model, and executed nearly flawlessly. But I believe they will feel government wrath. Similar maybe even better analogy would be Microsoft forced decision on Windows and Explorer?
 
#10,987
#10,987
lawgator1 said:
I love how he tweets about the market when its up, but runs the other way and is deaf and mute when its down.

He is such a fraud. Don't see how his supporters are not just buried in shame.
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Of course he plays political games with it - I'm not sure why you act like he's unique among politicians in this regard.

In early March, Pelosi screeched about the market going down as justification for a Dem wish list stimulus package and MSNBC had a "coronavirus selloff" on-screen graphic everyday during Trump's press conferences, but are silent any time it goes up or makes new highs. They all play the same dumb, obvious political games with it.
 
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#10,988
#10,988
lawgator1 said:
I love how he tweets about the market when its up, but runs the other way and is deaf and mute when its down.

He is such a fraud. Don't see how his supporters are not just buried in shame.
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Sort of like the history your posts in this stock thread.... but in a reverse kind of way.
 
#10,989
#10,989
05_never_again said:
Of course he plays political games with it - I'm not sure why you act like he's unique among politicians in this regard.

In early March, Pelosi screeched about the market going down as justification for a Dem wish list stimulus package and MSNBC had a "coronavirus selloff" on-screen graphic everyday during Trump's press conferences, but are silent any time it goes up or makes new highs. They all play the same dumb, obvious political games with it.
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Not nearly to the level of Trump. If the market is up or jobless claims are down, you can pretty much set your watch to Trump's tweet. But if the numbers aren't good, you will have no idea what time it is.
 
#10,991
#10,991
05_never_again said:
Of course he plays political games with it - I'm not sure why you act like he's unique among politicians in this regard.

In early March, Pelosi screeched about the market going down as justification for a Dem wish list stimulus package and MSNBC had a "coronavirus selloff" on-screen graphic everyday during Trump's press conferences, but are silent any time it goes up or makes new highs. They all play the same dumb, obvious political games with it.
Click to expand...
F83844BA-EECF-4A74-9FF6-BB037A6FF054.jpeg
 
#10,996
#10,996
85SugarVol said:
DOW may close up 500 points today. Gifts for everyone!
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I don't understand it...

GDP falling off a cliff while Wall Street money printers go brrrrrr, I don't think this lasts too much longer.

Anyone have any ideas on how to time the top? Made close to 2% in two days - it's like retirement planning Viagra.
 
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#10,997
#10,997
Septic said:
I don't understand it...

GDP falling off a cliff while Wall Street money printers go brrrrrr, I don't think this lasts too much longer.

Anyone have any ideas on how to time the top?
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You make a valid point... it doesn't make sense. A lot of it is a run-up in anticipation of another stimulus. At some point, this is all gonna catch up in a horrific way. But, it's a long discussion. So many things in play.
 
#10,998
#10,998
Septic said:
I don't understand it...

GDP falling off a cliff while Wall Street money printers go brrrrrr, I don't think this lasts too much longer.

Anyone have any ideas on how to time the top? Made close to 2% in two days - it's like retirement planning Viagra.
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Not me man. I’ve been a buy and hold investor for 25 years. I’ve never missed a top, never missed the start of a new rally.

Much less stressful in my opinion. Couldn’t imagine trying to time this rocket ship. I just prefer to enjoy the ride. I popped 2.65% yesterday 🥳

Markets go up, markets go down. I just let it ride.
 
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#10,999
#10,999
05_never_again said:
lol

They bust that graphic out after like a single 2% down day. It's hilarious. Uninterrupted gains for months, then a single 2% down day means "markets are in turmoil."
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CNN used to crop the DOW chart so if it went from 20,000 to 19,800 they would just show 20,500 to 19,500 on the graph so it looked like a precipitous dropoff. STOCKS FALL HARD IN EARLY TRADING. That was about the time they removed comments from articles because the trolling of their methods was overwhelming.
 
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