Quote:Newsflash: It's been going up since Obama fixed the housing & job market and banking & auto industries.
Incorrect, it has been going up since 'helicopter Ben' printed money like there's no tomorrow with Quanitiative Easing. Or as I prefer to call it 'steal from the poor and give to the rich.' Thats the funny thing about Obama, he took more from the poor than any president before him and people think he 'fixed' something.
Using the DOW to predict the economy is stupid IMO. Its just as reactive as it is predictive. It will crash again, don't know when but its coming. When stocks are expensive, buy commodities, when stocks are cheap, sell the commodities.
Quote:Never mind, the DOW is up ~23 now...Thanks President Trump!!
The DOW is up again today. Thanks President Trump!
Down ~43...thanks Obama...still screwing us.
The DOW is slightly up again today. What is even better is that a certain ETF that I picked up in November that focuses on Aerospace and Defense (ITA) is up even more today.
Thanks President Trump!
Defense stocks will do well in the near future.
Quote:Defense stocks will do well in the near future.
I jumped into that ETF (ITA) on Nov 7th at around $130 with the thought that it could be a good long term play. Today it's trading at right around $152.48. I only wish that I would have bought more than I did.
DOW futures are up 114 points this morning...looks like Wall Street liked the President's speech last night.
Quote:DOW futures are up 114 points this morning...looks like Wall Street liked the President's speech last night.
No way. Trump was going to start a nuclear holocaust and end the world. You are lying!
DOW is up ~229...over 21,000 for the first time. Thanks President Trump!! :thanks:
Glad he is creating wealth for the 1% who have a 401K and own stock.
Us poor people like earning money too.
DOW up 312 now...How high can it go?
Quote:DOW up 312 now...How high can it go?
This has nothing to do with Trump. The market was already rising during the Obama term.
<sarcasm>
Quote:Glad he is creating wealth for the 1% who have a 401K and own stock.
If it keeps this up I will actually be a 1%'er!
He he, ITA closed up again today. Energy, materials and the tech sector of the S&P 500 also did well today as did small caps.
Thanks President Trump! :thanks:
298,000 jobs were added in February...exceeding expectations. Thanks President Trump!! :thanks:
DOW finished up today, though kind of weak. Look for a slight dip next week when Janet Yeldon announces a rate hike (that would be a buy point for some securities), then watch as the climb resumes.