2018's stock market gains wiped out/ stocks down 550 points today

These talking heads who can't trade their way out of a paper bag and "explain" what happened instead and their idiotic and usually wrong analysis and commentary are a dime a dozen, for each taste.

There's just one fact though, on the biggest news of November 2008 which was the election of Obama, the market collapsed, immediately lost 5% and kept falling for weeks.

 

It's 5% drop on the day Obama was elected and subsequent decline, lasting weeks until it hit rock bottom.

On the other hand the market went through the roof on the news of Trump's presidency and it never looked back until the libs won the House.

 

The stock market boomed under Obama. I made a ton of money. Clearly you did not. Lol

 

I guess you were not in the market under Obama. You lost out big time

 

The market has been going up and down like a yo-yo most of this year.

 

Election day is highlighted in red. Now, tell us again about the big drop that happened at that day that was not part of the long-term trend line? We are waiting.

 

Pattern recognition is clearly not your strong suit.

https://www.forbes.com/sites/johndo...rmance-behind-obama-and-clinton/#2ea637a06644

"While the market has consistently gained under Trump, the gains haven’t been record-setting. From inauguration day on January 20 through October 27, the S&P 500 shows a 15.38% annualized rate of return. That’s less than the annualized percentages achieved under five other presidents.

Harry Truman, Dwight Eisenhower, Gerald Ford, Bill Clinton and Barack Obama all did better over the course of their terms. The top returns were achieved under a pair a pair of Democrats for whom Trump has expressed disdain–Bill Clinton at a 17.49% total return per year and Barack Obama at 16.25%."

Now the market is down even more. The current annualized rate has dropped Trump even lower than 5th.

 

Yep, 5% one day drop and 20% after that. The market must have loved Obama. Lol

 

Counting from inauguration day is nonsense. People buy or sell stock on the day the NEWS of a merger comes out, they don't wait till the day of a merger to capitalize on it. Duh

People buy or sell stock based on anticipated policies of a president and they do it when he is elected, not when he is inaugurated.

The market reaction on the election of Obama was extremely negative, the market had a huge loss and continued down for weeks to end up losing 20% of its value.

The market skyrocketed on the news of Trump's presidency.

 

Yeah, according to your reasoning, the markets must have clearly loved supply-side Bush, because he had a much bigger drop before the election. But, keep going with your cherry-picking data rationalizations.

 

LOL you can make whatever BS claims you want, but the numbers don't lie.

The Trump stock market has been worse than the Obama stock market and things are looking really bad right now.

 

The market hated Bush and Obama, loves Trump. Glad we've found a common ground

 

Only if you ignore 20% market drop on the news of Obama's election and a similar market growth on the news of Trump's presidency... which is exactly what you and your source are trying to do.

 

Why? Trump is just GWB2 with regard to supply side policies, deregulation and tax cuts.

 

America first baby, when an American president commits to MAGA, the investing public thinks great America is great for its stock market

PS lest we forget that deregulation is far more important after 8 years of Obama's incessant regulating than it was after Clinton. And i don't agree that Trump is a supply sider either.

 

That was a part of the largest recession in US history and it occurred because of a worldwide financial crisis. It also started before Obama was elected. Get out of here with your nonsense.

 

I think most REAL investors are too smart to fall for the MAGA BS.

 

Well, they obviously fell for something, given that the stagnant for 2 years market came to live and raked up huge gains the moment Trump was elected. You won't claim it to be a coincidence that the market took off the moment Trump won and never looked back, will you?

 

depends what you invest in with your 401k you can play it safe invest in low yield low/no risk or you can take a chance and invest in high yield high risk
and if you don't know the difference and what risks you are taking you deserve to be fleeced

 

2016 was part of the lousiest, weakest recovery on record which didn't prevent the market to go through the roof on the news of Trump's amazing victory... It took off in anticipation of Trump's presidency and policies, just like it dropped like a rock in 2008 in anticipation of Obama's presidency and policies.

 

investors invest what they believe will happen in the future not what's happening at the present so 2018 investments is based on what they believe will happen in 2019 and beyond and because the odds were democrats were going to take the house they are basing their financial discussion on a democrat ran house

 

the recession was a product of democrat policies dating back to Clinton forcing banks to issue minority sub prime loans

 

You can provide all the biased and false analysis you want, but the numbers don't lie. The stock market increased during Obama's presidency more than Trump's so far.

 

Meh, the market has been up and down but the recent downturn is on the dems.....

 

BS the banks and their employees wanted to make as much money as possible without any sort of long-term plan. Derivatives made them rich. Democrats and Republicans for that matter had nothing to do with it.