Lindaland
  Global Unity 2.0
  DOW Breaks 30,000!

Post New Topic  Post A Reply
profile | register | preferences | faq

UBBFriend: Email This Page to Someone! next newest topic | next oldest topic
Author Topic:   DOW Breaks 30,000!
Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 03:34 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
This is the 9th all-time high in 2020 and the 48th time in the Trump administration. The vaccines are what took it over the top. We were happy 3 years and 10 months ago when the DOW broke 20,000 for the first time! This is a 50 percent increase in wealth under Trumpenomics.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 04:25 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
Obama/Biden took care of the 2008 crash and since then the US economy has been in auto pilot mode.
Biden's treasury pick news ignited the market plus a news on several vaccines efficacy. Trump with his misleading foreign policy has created a lacuna in the supply demand chain.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 04:57 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Auto mode? President Trumpís tax cuts and drastic reduction in regulations fueled the increases in the market. Obamanomics never broke 19,000. Obama strangled the economy with over 80,000 new regulations and restrictions on business. The only thing that helped on Bidenís part is what he DIDNíT do. He didnít make that bat sh*t crazy Elizabeth Warren the Secretary of Treasury. Yellen will keep interest rates low. It looks great that Republicans will keep the Senate, so Bidenís tax hikes wonít happen, and that is why the DOW didnít tank after the election.

IP: Logged

MarsSaturnDelight
Knowflake

Posts: 359
From:
Registered: Dec 2014

posted November 24, 2020 05:02 PM     Click Here to See the Profile for MarsSaturnDelight     Edit/Delete Message   Reply w/Quote
Have you thought that one of the reasons the increase was due to a potential new president being elected?

Very possible.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 05:11 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
We will see, there are people like the senator from Mass who is a Republican but weighs his options before voting.

Warren comes from a poor background. She won't understand finance.


Dow Jones was predicted to become 30,000 back in 2015. It is a loose index and not punishing like the others. SandP 500 is reasonable and has a good mix of companies.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 05:13 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
The markets reflects the sentiments of the main street. Having a vaccine is good news for the main street and hence the markets.

Hope Biden protects the rights of the American workers under fascists lords.

IP: Logged

MarsSaturnDelight
Knowflake

Posts: 359
From:
Registered: Dec 2014

posted November 24, 2020 05:23 PM     Click Here to See the Profile for MarsSaturnDelight     Edit/Delete Message   Reply w/Quote
Maybe.

Doesnít stop of all the Chinese and Russians piling money in, considering it could be Biden as the next president.

But, am taking a leap. Just speculating.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 05:30 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Show me that 2015 prediction. The thing about the market is that it runs real-time. When Biden ďwon,Ē it didnít crash, because of divided government. Tax hikes donít jibe with well with DOW increases. The Senate will prevent Bidenís tax plan. Since the vaccine was announced today, itís more than likely to be the driving force behind todayís record.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 05:40 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
I remember hearing this in a lecture. Google "Dow Jones 3000" and there is an article from 2016.


Dow Jones could grow 100,000 ifno more recession

Check this out:
Dow 100,000: Fact or Fiction, by Charles Kadlec [URL=http://www.benzinga.com/news/13/02/3301607/the-5-worst-books-on-investing-ever-written]http://www.benzinga.com/news/13/02/3301607/the-5-worst-books-on-investing-ever-written[/ URL]

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 05:44 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
The top 3 person in America is as rich as the bottom 50% of the Americans.

We should tax the rich tad higher than the average and allow for grievances elsewhere if they are making loses. Exploited natural resources should be shared with people in general. Even intellectual developments should be. Because of synchronicity two people discovered the theory of relativity in the same time period. Existence is mysterious .

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 05:45 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
If Biden gets his way with tax hikes, you will see the markets drop faster than Epstein was suicided.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 05:47 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
I sincerely feel bad for you all who voted for Trump.
I would have voted for him too but his progress card was bad.
He has created a gap in demand /supply and the world is starving. The world is sick .

4 more years and a lot worse could have happened to the USA. The dark clouds have gone for now and the sun will shine soon. I hope we are out of the woods.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 06:08 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
You are going to see four more years of Trumpóeither now or in 2024. In case of a Biden run, the media will be reporting more on his tweets than on anything Biden says.

IP: Logged

teasel
Knowflake

Posts: 16583
From: http://forum.astro.com/cgi/forum.cgi?action=viewprofile;username=u36170365
Registered: Apr 2009

posted November 24, 2020 07:09 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
This happened after Bidenís transition team were given the go-ahead.

IP: Logged

teasel
Knowflake

Posts: 16583
From: http://forum.astro.com/cgi/forum.cgi?action=viewprofile;username=u36170365
Registered: Apr 2009

posted November 24, 2020 07:10 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
Show me that 2015 prediction. The thing about the market is that it runs real-time. When Biden ďwon,Ē it didnít crash, because of divided government. Tax hikes donít jibe with well with DOW increases. The Senate will prevent Bidenís tax plan. Since the vaccine was announced today, itís more than likely to be the driving force behind todayís record.

He won. He actually won.

IP: Logged

teasel
Knowflake

Posts: 16583
From: http://forum.astro.com/cgi/forum.cgi?action=viewprofile;username=u36170365
Registered: Apr 2009

posted November 24, 2020 07:11 PM     Click Here to See the Profile for teasel     Edit/Delete Message   Reply w/Quote
quote:
Originally posted by Randall:
You are going to see four more years of Trumpóeither now or in 2024. In case of a Biden run, the media will be reporting more on his tweets than on anything Biden says.

This is exhausting.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 07:45 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
The only thing exhausting is watching Biden ramble and try to remain coherent for more than a few minutes.

IP: Logged

PhoenixRising
Knowflake

Posts: 1309
From:
Registered: May 2011

posted November 24, 2020 11:09 PM     Click Here to See the Profile for PhoenixRising     Edit/Delete Message   Reply w/Quote
It will be nice to see a wise guy not overtly complicating things in the white house for once.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 11:17 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Yeah, they will all be quiet and polite, but they will be destroying America behind the scenes.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 24, 2020 11:22 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
Iíll take boisterous freedom over quiet enslavement any day.

IP: Logged

Randall
Webmaster

Posts: 134636
From: Your Friendly Neighborhood Juris Doctorate.
Registered: Apr 2009

posted November 27, 2020 04:01 PM     Click Here to See the Profile for Randall     Edit/Delete Message   Reply w/Quote
NASDAQ and S&P closed at all-time highs today!

IP: Logged

All times are Eastern Standard Time

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Linda-Goodman.com

Copyright 2020

Powered by Infopop www.infopop.com © 2000
Ultimate Bulletin Board 5.46a