DJIA Closes over 24,000.

after a predictable correction, the market’s leading indicator is making its way back toward positive territory, adding over 2,000 points since its dec. 26 correction bottom.

sorrry, libs. looks like your dreams of economic collapse are crushed again. you just can’t stop this economy!

 

So we have recovered from the Trump decreases and are now back on track with Obama increases.

Just wanted to get that out there before the waves of TDS hypocrisy and magical thinking from our LW economic and financial brain trust begin in earnest.

 

It's down 2,000 from peak. If Trump takes credit for every market improvement he gets to wear every crash.

 

ignorance of securities markets noted.

 

General ignorance noted.

 

explain.

 

I'd love to hear your explanation for the rebound.

 

Great News!!

I am pulling out



Get it back up until then

 

glad to. this last trough which bottomed on dec. 26 was a correction, not the beginning of a recession like some “experts” wanted you to believe. the entire financial market is driven by one thing and one thing alone. it’s a simple concept called investor confidence. it drives the price of every financial instrument you can get your hands on... securities, commodities, bonds, furures contracts, what have you. it is also what’s responsible for the over 100 straight days of record market closes in Q2/Q3 of 2018, a record in itself.

 

Ignorance of securities markets noted.

 

well you go right ahead and correct me then.

 

So back to the level of 13 months ago!

 

The decline was fueled by concern over the Fed normalizing interest rates regardless on the data indicating a slowing economy, the ongoing trade war with China as well as the impact of tariffs generally, and computerized ETF trading controlled by algorithms. It was, essentially, an over reaction to fear of the worst. Since then, the Fed has signaled more reliance on data in making future rate decisions, the US has more motivation to work with China on resolving their differences as it became clear the international economy was being effected by the trade war, and the p/e of the S&P reached a level where buying was justified based on 2019 earnings expectations.

 

excellent explanation... aka “investor confidence.”

 

yes, the market is dynamic. smart investors make money on the way up and again on the way down, and on the way up yet again. volatility is dangerous but profitable if played correctly.

 

That's fine for a bumper sticker............... the level of some people's understanding fits on one quite nicely.

 

the inputs (and those like them) you correctly identified are the drivers of investor behavior... from the institutions to the day traders to ma and pa kettle buying index funds and DRIPs. considered as a whole, when a person has a strong belief based on some rational (or even irrational) observation, that is called confidence. hence, investor confidence is the sole force that drives the market.

 

We are still almost 4,000 points from the high last year.

Sorry, chingler. It will fall again shortly.

 

of course it will fall again. then it will rise again. that’s what it does.

 

chingler does not understand the market

 

Singular regeneration.

I cashed my latest dividend checks with a grin on my face.

 

explain.

 

It has been explained to you repeatedly, so, no more empowering of chingler's unwillingness to learn.

Trumpers??? We are not going to put you with Trumpers lying, crying, denying, and ask whying?

Check yourselves. The problem is not with the anti-Trumpers.

 

You are the one that is freaken ignorant of securities and markets ... Your OP is proof of this.

Only a complete fool is happy that they are down 10% since Trump took the fiscal reign - and this does not count the loss due to inflation.

 

dont be a fool.

democrats will enact macron's idiotic polices the second theyre elected.

ask france if you dont believe me.