Dow Surges 400 Points

[Craig T]

My decision to go to laddered Treasuries in August is looking better every day.

[Jim Richards]

Originally Posted by cabmando

What goes up... must come down.....

[KFC911]

Originally Posted by Craig T

My decision to go to laddered Treasuries in August is looking better every day.

CD yields have been even higher . This ain't about the fed exclusively imo...Trumparrifs ....what an idiot . I'll watch this train wreck from the sidelines....100% out as of a few hours ago...

[sammyg2]

Originally Posted by Sooner or later

Always the good stiuff. Chateau Roma 32 BC

He always had some mighty fine wine.

and

a straight shootin' son of a gun

[sammyg2]

Originally Posted by Superman

I said, some time ago, that a tax cut for corporations when the Market has been going gangbusters for several years is the ABSOLUTE MOST ASININE TIME. Here is a chart showing the Dow Jones closing. The sharp upward portion of this graph was the OBAMA ADMINISTRATION. tTUMP has blown his wad and now has no viable tools to use if/when the market softens.

Why do you insist on posting stuff like that when everyone knows better?

[widebody911]

that a tax cut for corporations when the Market has been going gangbusters for several years is the ABSOLUTE MOST ASININE TIME

As I said before, they had to get while the gettin's good - there's no way they will be able to get a tax break for the 1% passed during the middle of the Trump Depression. Kinda like your wife buys a new pair of shoes before she tells you she wrecked the car.

[tabs]

I think there is confusion as to what is going on...the axiom of the past 6 years of the FED being there to catch a falling economy has worn thin..the Equities guyz are thinking how many times can the same trick work (of piling back in on any dip) ..maybe I will sit this one out...

worry is seeping back in over Trumps effect on the global economy and effect of higher interest rates on the economy..the FED raising rates means that the soft hands to catch a falling economy are not so certain now.

So far Choppiness is the word of the day...

I have been thinking that Equities have to make another run for the old highs in a "head and shoulders top" ...before the fat lady sings. That has been the usual pattern.

But I do not like a 90 point drop in the SP 500 today..Maybe the rallies are going to be short and sweet....the WS boyz will all pile in make some money and not stick around to wait and see beofre bailing out..taking their profits as they run.

[MRM]

Originally Posted by Superman

I said, some time ago, that a tax cut for corporations when the Market has been going gangbusters for several years is the ABSOLUTE MOST ASININE TIME. Here is a chart showing the Dow Jones closing. The sharp upward portion of this graph was the OBAMA ADMINISTRATION. tTUMP has blown his wad and now has no viable tools to use if/when the market softens.

The Dow history doesn't seem to bear out your statement. On November 4, 2016, the Dow was at 17,888. Today it's at almost 25,000 even. That's off the post-election high of 26,7XX as recently as September of this year. The big uptick in the market starting in 2009 was nothing more than a rebound from the huge drop in 08 and earlier in 09. It took until about February of 2013 for the Down to get back to it's 2008 high in the 13,500 range. So Obama's entire administration saw the Down go up a net of around 4,000 points. Trump's net is almost twice that.

[tabs]

Originally Posted by widebody911

that a tax cut for corporations when the Market has been going gangbusters for several years is the ABSOLUTE MOST ASININE TIME

As I said before, they had to get while the gettin's good - there's no way they will be able to get a tax break for the 1% passed during the middle of the Trump Depression. Kinda like your wife buys a new pair of shoes before she tells you she wrecked the car.

Your perceptional narrative does not run much like a FIAT...you are missing parts to the story that would make it coherent.

In spite of a 1.6% economy Equities have been climbing steadily since at least 2012...when the FED announced QE3...the Equity rise has not been economically determined...but guaranteed by the FED's adult in the room activism. Institutions need to make a 8% ROI...and Equities became the only game in town.

TAX reform was an effort to jump start a moribund 1.6% economy..I have said it is aTrickle Down 2.0 GAMBLE...adding government debt in the hopes that Corporations reinvest their tax savings in the US economy. My take was AGAINST it success as corps since 2009 have NOT REINVESTED THEIR PROFITS IN THE ECONOMY..largely because there is little to no demand for the product that they are making now.... why invest in a new factory if you can not sell what it makes...As an economic driver the American consumer is tapped out...saturated with product, lower paying jobs, no savings and debt to the eyeballs while facing an old age reliance on a a tottering on the brink entitlement system.

So Tax Reform was not implemented to boost Equities...

You have heard this before but you never seem to get it straight in yur head. You persist with your incoherent narrative..what part don't you understand?

[tabs]

Originally Posted by MRM

The Dow history doesn't seem to bear out your statement. On November 4, 2016, the Dow was at 17,888. Today it's at almost 25,000 even. That's off the post-election high of 26,7XX as recently as September of this year. The big uptick in the market starting in 2009 was nothing more than a rebound from the huge drop in 08 and earlier in 09. It took until about February of 2013 for the Down to get back to it's 2008 high in the 13,500 range. So Obama's entire administration saw the Down go up a net of around 4,000 points. Trump's net is almost twice that.

As stated the post rebound rise in Equities started the day the FED announced QE3. It stalled out a bit after the FED finally stopped juicing the system in 12/14.

It bounced after Trump because of a friendlier business environment which would give breathing room to a being regulatorily strangled economy under the Socialists.

A better economy would warrant higher Equity prices.

So now you gots the better economy and here comes the FED saying we have to tone down the PARTAY with higher interest rates, cause we don't want inflation to get outa control . Equity traders are confused...

[wdfifteen]

Originally Posted by MRM

The Dow history doesn't seem to bear out your statement. On November 4, 2016, the Dow was at 17,888. Today it's at almost 25,000 even. That's off the post-election high of 26,7XX as recently as September of this year. The big uptick in the market starting in 2009 was nothing more than a rebound from the huge drop in 08 and earlier in 09. It took until about February of 2013 for the Down to get back to it's 2008 high in the 13,500 range. So Obama's entire administration saw the Down go up a net of around 4,000 points. Trump's net is almost twice that.

Are you saying that the Dow increase was a rebound until Trump became president, but the increase since 2017 has been because of Trump? I don't think so.
I'm with Tabs on this one. In spite of his arrogance and insults I must admit that Tabs is on rare occasion correct.
The Trump miracle is that even with all his blunders and theatrics he has not managed to get in the way of a well established economic boom.

[Chocaholic]

Im sure the markets and economy would be much better right now if Hillary had won.

[ckelly78z]

Originally Posted by Chocaholic

Im sure the markets and economy would be much better right now if Hillary had won.

^^^This should have need in green, correct ?

[tabs]

Originally Posted by wdfifteen

Are you saying that the Dow increase was a rebound until Trump became president, but the increase since 2017 has been because of Trump? I don't think so.
I'm with Tabs on this one. In spite of his arrogance and insults I must admit that Tabs is on rare occasion correct.
The Trump miracle is that even with all his blunders and theatrics he has not managed to get in the way of a well established economic boom.

After listening to you Boyz talk I realize just how smart I am and how little you all know. I am usually aghast by the disparity. So is that an insult or just stating an obvious truth.

T has helped with his removal of BO regulatory executive orders.

[tabs]

I have made a mistake. Not the first one btw.
I have basically figured out what is going on and it's process. What I don't realize is that you all are still trying to figure it out ...are in.process. That is partially the reason why there is so much bashing and thrashing going on. You are trying to make sense of it all.

No one can make you see and or understand something that you are not ready to see. You will never really get it.

Then there are the Lemmings who think that they are doing the right thing by running to the cliff. They don't see that their behavior is leading them inexorably to oblivion.

Call it the smart mans burden.

[KFC911]

Originally Posted by Chocaholic

Im sure the markets and economy would be much better right now if Hillary had won.

When all is said and done...who knows? I endured more market "huge corrections" under R sdministrations (that I voted for) over the past few decades, than under Ds....by far . For the first time in nearly 4 decades....I'll watch the tracks fom "relative safety".... cruise control .

Uncertainty....investors love it...tariffs . Gimme a freakin' break. NC has already been hammered, hard....unintended consequences...funded by more debt.

...and the band played on.

If we get a sober driver....I'll climb back in for the ride


.....

[kach22i]

Originally Posted by widebody911

that a tax cut for corporations when the Market has been going gangbusters for several years is the ABSOLUTE MOST ASININE TIME

As I said before, they had to get while the gettin's good - there's no way they will be able to get a tax break for the 1% passed during the middle of the Trump Depression. Kinda like your wife buys a new pair of shoes before she tells you she wrecked the car.

Yep, and it's going to be all the longer and uglier recession/depression because of the sugar feed economy, it's going to crash hard like six year old at a birthday party that's had too many treats.

[sammyg2]

People who let their EMOTIONS make all their decisions for them should not be investing in the stock market.

[Shaun @ Tru6]

Originally Posted by tabs

After listening to you Boyz talk I realize just how smart I am and how little you all know. I am usually aghast by the disparity. So is that an insult or just stating an obvious truth.

T has helped with his removal of BO regulatory executive orders.

Once again, list the regulations and their economic impact, first as a drag on economic growth under Obama and then acting as economic growth catalyst under Trump. If you can't, stop saying it. Should be easy for you. You have until the end of the day. Don't make this another USD will lose world currency status thing.

Here's what I want to see:
Regulation
Date signed into law
Date repealed
Negative impact
Positive impact

Honestly, I know you won't do it because you can't because it's a talking point fairy tale that only stupid people believe.

[cabmandone]

Again, EVERY regulation comes with a cost to the economy or to the businesses effected by the regulation. That cost can be direct to a business through the cost to comply or indirect through loss of business due to the regulation itself. Every regulation comes with an associated cost. Stupid people can't figure out that regulations aren't scored like a tax bill or a health insurance bill which is why it's hard to find a solid cost for each regulation and why estimates of cost by outside sources (many that stupid people will deny because they don't like the source) can vary.
But again, the very real truth of the matter is that regulations come with economic cost. To say or believe otherwise is stupid.