stock market was up today...

[85SugarVol]

Gas demand is up. You have to soak the crosses in it to get them really burning.

The Covid shutdowns, and the resulting fallout, are going to send wealth inequality through the roof.

And the Progressives will have the gall to b1tch about it. When it was 100% of their own making.

 

[ETV]

The Covid Shutdowns.

This isn’t complicated. You can’t just turn off the economy and shut down supply chains.

Well, you can… Obviously
But not without a horrible cost. Hope it was worth it.

Those in DC still have yet to learn or be personally affected from these horrible decisions. I wouldn't be surprised if they didn't hesitate to make the same choice again, if faced with a similar situation.

 

[norrislakevol]

Those in DC still have yet to learn or be personally affected from these horrible decisions. I wouldn't be surprised if they didn't hesitate to make the same choice again, if faced with a similar situation.

And they may very well be faced with a similar situation when the economy crashes soon.

 

[NorthDallas40]

Everyone be sure and look up the average historical pullback in a bear market. 35%. And that’s 35% off the peak. For the S&P the peak was 4818 at the start of the year. So that translates to 3130 for the historical bottom. We’re around 3750 today so we got another 17% to drop from this point!

Buckle up boys it’s gonna be a rough ‘un!

 

[VolStrom]

Everyone be sure and look up the average historical pullback in a bear market. 35%. And that’s 35% off the peak. For the S&P the peak was 4818 at the start of the year. So that translates to 3130 for the historical bottom. We’re around 3750 today so we got another 17% to drop from this point!

Buckle up boys it’s gonna be a rough ‘un!

Look for a historical drop in the market, that will be the day after I move my money back into the stock market.

 

[Thunder Good-Oil]

I’m not putting too much credence into what is supposed to happen from a historical perspective. Robotic / algorithmic / programmed trading is a fairly new concept - at least at the current levels. As well as the huge volume of shares traded. And 24/7 instant worldwide executions. Round trips with brokers used to cost $100+ in commissions and fees for modest sized trades. Even in the early days of discount brokers 30 years ago, self directed trades would cost $35 for orders placed with touch tone phones. Plus with 401(k)s and IRAs now more than half of all US households are in equities. It wasn’t that long ago that 100% of most paychecks were being deposited in savings accounts at banks paying 5%.

It’s a new investment world. 1987 market crash. 1999/2000 dot com bubble. Web sites couldn’t handle the traffic 20 years ago and retail investors couldn’t login to their accounts during volatile, high volume sessions. The Great Recession. Everybody needs to calm down. Interest rates are 3%, not 20%. Anybody that wants a job can have a job. There are 2 openings for every worker seeking a job.

 

[Rasputin_Vol]

Buy the dip

You serious? Blue font?

 

[Rasputin_Vol]

The Covid Shutdowns.

This isn’t complicated. You can’t just turn off the economy and shut down supply chains.

Well, you can… Obviously
But not without a horrible cost. Hope it was worth it.

We still haven't addressed the lingering issues from 2008 and instead we applied duct tape and money printing over the past decade plus. Add in the COVID nonsense, Biden's policies and the sanctions and this is what we deserve.

 

[Rasputin_Vol]

Look for a historical drop in the market, that will be the day after I move my money back into the stock market.

I was of the opinion in March 2020 that the Dow would fall to 15000 back then. I would say that 15000 is going to make it this time. If you are really going to dip your toe in, I wouldn't consider it until that point.

 

[Velo Vol]

 

[Velo Vol]

The Covid shutdowns, and the resulting fallout, are going to send wealth inequality through the roof.

And the Progressives will have the gall to b1tch about it. When it was 100% of their own making.

Wealth inequality is much more the Fed's doing than anything else. Who benefitted the most from 0% interest rates?

 

[85SugarVol]

Wealth inequality is much more the Fed's doing than anything else. Who benefitted the most from 0% interest rates?

We haven’t even got to the bad part yet, man.

The Covid Recession is going to wipe out a lot of wealth - and inequality is going to rise even faster.

And then we’ll get to hear how it’s all the fault of Rich, White, Republicans. The shrieking from the Left will be deafening.

 

[TheDirector]

"The stock market will crash if he(Biden) is elected President"
Donald Trump October 2020 debate

 

[Velo Vol]

We haven’t even got to the bad part yet, man.

The Covid Recession is going to wipe out a lot of wealth - and inequality is going to rise even faster.

And then we’ll get to hear how it’s all the fault of Rich, White, Republicans. The shrieking from the Left will be deafening.

The inequality wasn't growing during the shutdown. It grew afterword in the stock market.

The Pandemic Enriched Americans but Wealth Gap Still Grew

 

[85SugarVol]

The inequality wasn't growing during the shutdown. It grew afterword in the stock market.

The Pandemic Enriched Americans but Wealth Gap Still Grew

View attachment 463843

You speak as if it’s past tense. It hasn’t even begun yet.

Think the bottom half of Americans are still holding onto that “wealth” accrued in 2020?

 

[Vol737]

I buying lots of stalwart divvy stocks that have increased divvy every year on the way down as that yield increases. Waiting on Nasdaq/tech for a bit. I don’t know where this ends, but I’ll either be in really good shape ten years from now or in the poor house with everyone else on if this s*** implodes with no recovery in sight for 50 years. I’ll be dead long before then anyway

 

[Vol423]

The inequality wasn't growing during the shutdown. It grew afterword in the stock market.

The Pandemic Enriched Americans but Wealth Gap Still Grew

View attachment 463843

I always laugh at idiots that complain that the wealth gap continues to grow. Of course it does. Wealthy people invest their money, and over time they earn a return on that investment due to the risk they assume. Poor people don't invest money. They're just trying to put food on the table, a task that becomes increasingly difficult under Joe Biden and his "best economy ever" running at 8.6% annual inflation. It's actually WAY worse than 8.6% for lower income people due the product and service mix that they consume.

 

[Ernest T. Vol]

I buying lots of stalwart divvy stocks that have increased divvy every year on the way down as that yield increases. Waiting on Nasdaq/tech for a bit. I don’t know where this ends, but I’ll either be in really good shape ten years from now or in the poor house with everyone else on if this s*** implodes with no recovery in sight for 50 years. I’ll be dead long before then anyway

That's what I do. These are my criteria: 10 yr div growers of >8%, uninterrupted divs of 10 years or > , PE lower than or close to S&P PE, Payout ratio 35-60%, Tax structured for qualified divs (no mlp's), overall div yield of 2.5% or >, increased or maintained that div through last recession. The list today: AAP BBY TROW BEN MDT CMCSA GLW BLK AFL HD TXN APD SNA EMN ITW ATO NTRS MTB LMT SRE

 

[NorthDallas40]

All three market indices closed yesterday below where they were the day the idiot in chief took office. The moron took an economy on autopilot and all he had to do was get out of the the way and not invoke any stupidly restrictive policies and he had it made. Nope! He drove it right into the ditch.

 

[utvolpj]

All three market indices closed yesterday below where they were the day the idiot in chief took office. The moron took an economy on autopilot and all he had to do was get out of the the way and not invoke any stupidly restrictive policies and he had it made. Nope! He drove it right into the ditch.

Autopilot? We were already on shaky ground then printed/ handed out/stole trillions. Biden hasn't helped but to pretend everything was going to be great is not really truthful

 

[NorthDallas40]

Autopilot? We were already on shaky ground then printed and handed out trillions. Biden hasn't helped but to pretend everything was going to be great is not really truthful

Yes autopilot. Keep in mind the S&P went up over 20% before cratering to close lower than where it started 18 months earlier. The economy got hugely overheated by all the added money. Yes we know before you “but Trump…!” he shouldn’t have spent as much as he did but Trump didn’t add all that extra money like gas to an open flame. That was Biden and shoulda/coulda/woulda on what MIGHT have happened.

 

[utvolpj]

Yes autopilot. Keep in mind the S&P went up over 20% before cratering to close lower than where it started 18 months earlier. The economy got hugely overheated by all the added money. Yes we know before you “but Trump…!” he shouldn’t have spent as much as he did but Trump didn’t add all that extra money like gas to an open flame. That was Biden and shoulda/coulda/woulda on what MIGHT have happened.

Except that Trump promised to outspend Democrats if reelected. There was nothing to autopilot

You are really overstating the strength of the economy. It was going up but still on shaky foundations

 

[NorthDallas40]

Except that Trump promised to outspend Democrats if reelected. There was nothing to autopilot

You are really overstating the strength of the economy. It was going up but still on shaky foundations

Shoulda/coulda/woulda!!!

 

[Thunder Good-Oil]

All three market indices closed yesterday below where they were the day the idiot in chief took office. The moron took an economy on autopilot and all he had to do was get out of the the way and not invoke any stupidly restrictive policies and he had it made. Nope! He drove it right into the ditch.

I don’t know if the turnip in the Oval Office could have done anything to make it work, but promoting a hostile domestic fuel environment sure hasn’t helped. And being seen as a complete weakling by Putin won’t slow his roll. Bowing down to the globalist environmental dictators is another example of not putting Americans first. Being incapable of mobilizing resources to address a crisis is another fail. The last guy had hospital ships floating in the harbors of the 2 largest cities ready to help out overrun hospitals. The vegetable in chief couldn’t get bottles of baby formula on the shelves.

 

[NorthDallas40]

I don’t know if the turnip in the Oval Office could have done anything to make it work, but promoting a hostile domestic fuel environment sure hasn’t helped. And being seen as a complete weakling by Putin won’t slow his roll. Bowing down to the globalist environmental dictators is another example of not putting Americans first. Being incapable of mobilizing resources to address a crisis is another fail. The last guy had hospital ships floating in the harbors of the 2 largest cities ready to help out overrun hospitals. The vegetable in chief couldn’t get bottles of baby formula on the shelves.

The money to that point was bad and is on Trump however there is no reason to believe we would wind up in recession and bear markets 18 months later. That is on the idiot in chief.