So, Donny... 'Wanna explain how the stock market is dipping right now?
Feb 25, 2020 08:46:33 #
JW wrote:
You hit the nail right on the head, by golly! Fear of a p******c is driving the market down and hope and confidence drove it up... and it will start climbing again and for the same reason, hope and confidence in our President's ability to govern for the benefit of all of the American people.
You got part of it right. The hope and confidence part... But it was NEVER about confidence in the president's ability to govern. It was ALWAYS about confidence and hope in the opportunities created to make money. Now I'm sure you think that's a good thing for the American people, but that's not necessarily the case. Offshoring jobs was also an opportunity for making money - and how did THAT turn out for the American people?
Feb 25, 2020 09:13:40 #
lpnmajor
Loc: Arkansas
straightUp wrote:
When the stock market was on the rise, Trump was taking bows and I could NOT convince any of his followers that he wasn't entirely responsible for it.
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
It's a simple explanation; if it's good, he did it, but if it's bad....................you did it, the democrats did it or extraterrestrials did it.
Feb 25, 2020 09:20:07 #
straightUp wrote:
When the stock market was on the rise, Trump was taking bows and I could NOT convince any of his followers that he wasn't entirely responsible for it.
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
China's economy dropped 92 0/0 yesterday. Trump did it, yeah ?
Feb 25, 2020 09:42:40 #
lpnmajor wrote:
It's a simple explanation; if it's good, he did it, but if it's bad....................you did it, the democrats did it or extraterrestrials did it.
Yep, that is how Obama rolled.
Feb 25, 2020 09:47:44 #
zillaorange wrote:
China's economy dropped 92 0/0 yesterday. Trump did it, yeah ?
What is 92 0/0? China's panic hit at the beginning of February. Their markets were barely changed yesterday.
Feb 25, 2020 09:55:12 #
EconomistDon wrote:
What is 92 0/0? China's panic hit at the beginning of February. Their markets were barely changed yesterday.
I didn't say market ! Market is only 1 aspect of a nations ECONOMY !!! We're probably going to see ECONOMIES around the world suffer similar shake ups !
Feb 25, 2020 10:35:03 #
EconomistDon wrote:
You obviously don't know much about the stock market, Straight! What makes you think that it should go in a straight line?
I never said it should. See, this is what you sad people do and you think we don't notice. instead of understanding what we are saying you just assume we are saying something else.
EconomistDon wrote:
It doesn't! Like a pendulum, it swings from over-bought to over-sold and back.
It doesn't! Like a pendulum, it swings from over-bought to over-sold and back.
Wow, aren't you the expert! Is that why you call yourself an economist because you know that the market has money in it?
EconomistDon wrote:
Most good investors ignore these swings because it is difficult to "time" the market. Really successful investors, like Warren Buffett pick the best stocks and ride them through the swings up and down, knowing their stocks will come out on top in the end. And Buffet is making a boatload of money in Trump's market because the trend is strongly UP despite the short-term swings.
Most good investors ignore these swings because it is difficult to "time" the market. Really successful investors, like Warren Buffett pick the best stocks and ride them through the swings up and down, knowing their stocks will come out on top in the end. And Buffet is making a boatload of money in Trump's market because the trend is strongly UP despite the short-term swings.
Buffet has also issued warnings that Trump is bad news for long term stability.
EconomistDon wrote:
Since Trump took office, the S&P 500 is up nearly 54 percent. If you had put all your savings into the market the day he was elected and bought on margin (stock value double the amount of money invested), your investment would be up 108 percent in three years. That is more than DOUBLE, Straight!!!
Since Trump took office, the S&P 500 is up nearly 54 percent. If you had put all your savings into the market the day he was elected and bought on margin (stock value double the amount of money invested), your investment would be up 108 percent in three years. That is more than DOUBLE, Straight!!!
Yup... the key is to sell before the bubble pops and that's fine for people who have nothing else to do but play the market. For working Americans with real jobs and families to feed there isn't enough time to play games, what they need is a stable Main Street, not an exciting Wall Street.
EconomistDon wrote:
Those of us who are smarter than the average "Bozo" Democrat realize that this is an outstanding buying opportunity. Scout out some good stocks and get ready to buy. Here is a chart of the S&P 500 since Trump was elected. It is complete through today. It's a real eye-popper -- right?
Those of us who are smarter than the average "Bozo" Democrat realize that this is an outstanding buying opportunity. Scout out some good stocks and get ready to buy. Here is a chart of the S&P 500 since Trump was elected. It is complete through today. It's a real eye-popper -- right?
Not really. I've seen this happen before numerous times. Here's another picture that includes the spikes in recent years that you intentionally left out to make the spike under Trump look better. Here's the link to the original chart... [ur]https://www.macrotrends.net/2324/sp-500-historical-chart-data[/url]. I did a little editing to overlay your image so you and everyone else can see your little trick. I also annotated a few other points, that I'm sure you won't like.
A couple of things to point out, Grasshopper...
1. you can make the smallest spikes look fantastic if you cut out the rest of the picture. ;)
2. there were bigger spikes under the previous two presidents.
3. the highest sustained growth rate was under Obama. (green dotted lines).
So, if you're trying to defend Trump's "economic policies" you might want to reconsider your choice of props.
Look, I've made a lot of money in stocks Don... You don't have to tell me how it works. All I am saying in my original post is that the market is fickle and that Trump has no more control over the stock market than any other president has had.
Feb 25, 2020 10:37:46 #
lpnmajor wrote:
It's a simple explanation; if it's good, he did it, but if it's bad....................you did it, the democrats did it or extraterrestrials did it.
Yup, pretty much.
Feb 25, 2020 10:42:54 #
zillaorange wrote:
China's economy dropped 92 0/0 yesterday. Trump did it, yeah ?
No, he didn't.
But you WANT me to say yes he did, don't you? lol
I guess you will just have to rely on the same tired old trick and just lie about what I am saying. It's standard right-wing practice.
Feb 25, 2020 10:44:17 #
straightUp wrote:
When the stock market was on the rise, Trump was taking bows and I could NOT convince any of his followers that he wasn't entirely responsible for it.
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
Now the indices are dropping (because of p******c scares) proving that anything, even fear, can motivate the fickle behavior of the market. But I'll be willing to bet that when the market starts climbing again, for wh**ever reason, the clown will be back to claiming credit for it. LOL
The drop is temporary and has absolutely nothing to do with anything Trump did. Actually, if your smart you'll take this opportunity to buy in now.
Feb 25, 2020 10:44:26 #
EconomistDon wrote:
Yep, that is how Obama rolled.
Awesome Meme!
You're way better at slinging baseless memes than understanding the economy Don.
Feb 25, 2020 10:46:54 #
straightUp wrote:
No, he didn't.
But you WANT me to say yes he did, don't you? lol
I guess you will just have to rely on the same tired old trick and just lie about what I am saying. It's standard right-wing practice.
But you WANT me to say yes he did, don't you? lol
I guess you will just have to rely on the same tired old trick and just lie about what I am saying. It's standard right-wing practice.
Figured I'd take a shot. The left's great at it, figured I'd give it a try ! LOL
Feb 25, 2020 10:53:36 #
American Vet wrote:
But...but..but... That means obama was lying also!!!
And if he did, does that make it okay for Trump to lie? "Mommy, mommy, Mikey did it too!" LOL
Feb 25, 2020 10:54:20 #
F.D.R. wrote:
The drop is temporary and has absolutely nothing to do with anything Trump did. Actually, if your smart you'll take this opportunity to buy in now.
LOL - I'm going to start counting how many right-wing nutbags are reacting to things I never said. I never said Trump has anything to do with the drop. In fact the point of my post is to show how the market moves WITHOUT Trump's involvement.
I'm just laughing my ass off at how one week all these Trumplicans and hailing their hero for driving the stock market up and the next week when it dives, they insist he has nothing to do with it. It's funny as hell and so far only one person caught the joke.
Feb 25, 2020 10:56:02 #
zillaorange wrote:
Figured I'd take a shot. The left's great at it, figured I'd give it a try ! LOL
LOL - OK.
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