The DOW is up how much since early November 2016?

[Value Buy]

Just how much is it up since the Presidential election last year?

20%?
25%?
30%?

[Value Buy]

Please check your Roth, regular IRA'S, 401-K's and mutual funds tomorrow morning. 
If they are not up 15 to 20% over last years closing balance, you might want to look at some new funds.
And please do not count any contributions from this year in your numbers to fairly assess your funds, but do include any dividends that were paid.

[Tennesseer]

Thanks, Obama! The market's performance is his through September 30, 2017, the government's FY17.

[djAdvocate]

80% of all equities are owned by the top 10% of US households.

how the Dow is doing is meaningless to most people, except in the sense that a weather forecast is meaningful: as an indicator of what is likely to come. 

so Value Buy, question for you: when the country slips into recession, and the market falls, will you ascribe blame to Trump as quickly as you rush to praise him, now?

[Value Buy]

Nov 28, 2017 16:58:37 GMT -5 djAdvocate said:

80% of all equities are owned by the top 10% of US households.

how the Dow is doing is meaningless to most people, except in the sense that a weather forecast is meaningful: as an indicator of what is likely to come. 

so Value Buy , question for you: when the country slips into recession, and the market falls, will you ascribe blame to Trump as quickly as you rush to praise him, now?

I posted this in current events as I was trying to have a discussion with investors who might be under performing the markets in their portfolios.
I could post in the investing threads, but so few posters travel there, it would be lost in a day as it sinks to the second or third page. I should have posted in the Your Money board. Could a mod could move it there.
The posters here agree that most of this board is well versed in money situations, many have large incomes, and many have substantial portfolios.
In this thread I gave credit to no-one, and intended to keep politics out of it.
I suppose since everyone knows my political leanings, I should have mentioned this was not about politics, but portfolio performance.

[Value Buy]

Okay I get it. I mentioned the Presidential election. My bad. 
I started the thread based on a statement from CNBC on how high the DOW was since the election......

[ken a.k.a OMK]

14% but I'm not looking at making any changes. Not sure if some withdrawals and my RMD factored into that %.

[Value Buy]

Nov 28, 2017 16:58:37 GMT -5 djAdvocate said:

80% of all equities are owned by the top 10% of US households.

how the Dow is doing is meaningless to most people, except in the sense that a weather forecast is meaningful: as an indicator of what is likely to come. 

so Value Buy , question for you: when the country slips into recession, and the market falls, will you ascribe blame to Trump as quickly as you rush to praise him, now?

To answer your question........recession.......we know eventually we will have one. Could we wait until it happens and we think we know why it occurred to assign blame. If Trump and his policies are the cause, I assure you, I will place the blame there.
I assume the market falling could be more than one reason.
A recession is only one.
A war is another. and does not mean we are involved. Think Iran and Saudi Arabia, Or Russia and eastern Europe.......
The immediate collapse of a few internet stocks could be another, but I do not think that will happen....
Bitcoin climbing to 25,000 within a year and then collapsing could be another.
Lack of Federal oversight due to Trump ending policies instituted to protect everyone is another one.
Hillary being charged and found guilty of collusion and illegal payments for the Clinton Foundation, could cause a fall off.
In this thread I did not praise Trump or his proclamations are the cause of the markets rising, but he does have some credit coming. 

[Value Buy]

And for the record the DOW is up 30% since early November 2016.

This is a number that cannot be ignored.

[djAdvocate]

Nov 28, 2017 17:25:21 GMT -5 Value Buy said:

Nov 28, 2017 16:58:37 GMT -5 djAdvocate said:

80% of all equities are owned by the top 10% of US households.

how the Dow is doing is meaningless to most people, except in the sense that a weather forecast is meaningful: as an indicator of what is likely to come. 

so Value Buy , question for you: when the country slips into recession, and the market falls, will you ascribe blame to Trump as quickly as you rush to praise him, now?

To answer your question........recession.......we know eventually we will have one. Could we wait until it happens and we think we know why it occurred to assign blame.

no. 

and the reason why is that you are not doing so right now.  you are simply attributing this rally to Trump, but there is no indication that he did anything to cause it.

so, thanks for answering the question.  the answer is no.  you won't

[djAdvocate]

Nov 28, 2017 17:26:52 GMT -5 Value Buy said:

And for the record the DOW is up 30% since early November 2016.

This is a number that cannot be ignored.

the Dow was up 140% under Obama. 

but this number clearly can be ignored. 

[Value Buy]

Nov 28, 2017 18:01:20 GMT -5 djAdvocate said:

Nov 28, 2017 17:25:21 GMT -5 Value Buy said:

To answer your question........recession.......we know eventually we will have one. Could we wait until it happens and we think we know why it occurred to assign blame.

no. 

and the reason why is that you are not doing so right now.  you are simply attributing this rally to Trump, but there is no indication that he did anything to cause it.

so, thanks for answering the question.  the answer is no.  you won't

so.... when I say yes I will, I am saying no.
Got it.
As far as Trump being part of the reason for the level of the rally, NY stock traders say it is. The idea of a lower business tax rate is good for companies in their eyes, equaling fairer international competitive pricing of goods and services, thereby increasing sales and profits, thus making their stock more valuable to the purchasers of said stock.
Perception is reality......

[Value Buy]

Nov 28, 2017 18:04:22 GMT -5 djAdvocate said:

Nov 28, 2017 17:26:52 GMT -5 Value Buy said:

And for the record the DOW is up 30% since early November 2016.

This is a number that cannot be ignored.

the Dow was up 140% under Obama. 

but this number clearly can be ignored. 

and that was in spite of him being in office holding it back. Should have been up 240%. 
Do not forget as the market rises ever higher, the same percentage rise is harder to reach after a couple of years
Much of the rise came in his eighth year in office when the markets knew he was finished and either Hillary or Trump would be better for them than Obama.

[djAdvocate]

Nov 28, 2017 20:44:26 GMT -5 Value Buy said:

Nov 28, 2017 18:04:22 GMT -5 djAdvocate said:

the Dow was up 140% under Obama. 

but this number clearly can be ignored. 

and that was in spite of him being in office holding it back. Should have been up 240%. 

if i had come up with a list of utterly biased replies, i am not sure i could have done as well as this.

congratulations.

[thyme4change]

I actually do give Trump and the GOP some credit. The stock market is based on speculation. If there is anything they know right now - There won't be new taxes, there won't be new regulations, there won't be new consumer protections. The security that comes with that keeps the stock market humming. The market doesn't care if we go to war, the market doesn't care if the deficit doubles, the market doesn't care if the environment goes into the shitter. As long as you aren't reducing profits via government action, the market is good.

[djAdvocate]

Nov 28, 2017 20:40:22 GMT -5 Value Buy said:

Nov 28, 2017 18:01:20 GMT -5 djAdvocate said:

no. 

and the reason why is that you are not doing so right now.  you are simply attributing this rally to Trump, but there is no indication that he did anything to cause it.

so, thanks for answering the question.  the answer is no.  you won't

so.... when I say yes I will, I am saying no.
Got it.

you never said "yes i will". 

[Value Buy]

DOW is now up more than 31%

[Tennesseer]

Newton's Law: What goes up will come down at some point.

[tallguy]

I'm wondering how much it will fall if we find three GOP senators with some integrity and this tax bill.  Most of the gain has probably been because of the expectation of passage, whether it is ultimately a good plan or not.  Markets are not rational.  They should be, but they're not.

[kadee79]

We now have 3 Senators....


" Bob Corker of Tennessee, Jeff Flake of Arizona and James Lankford of Oklahoma"


www.msn.com/en-us/news/politics/here’s-where-the-gop-tax-plan-stands-right-now/ar-BBFX7eY?li=BBnb7Kz


So what happens to the markets tomorrow??

[Value Buy]

Nov 30, 2017 21:01:26 GMT -5 kadee79 said:

We now have 3 Senators....


" Bob Corker of Tennessee, Jeff Flake of Arizona and James Lankford of Oklahoma"


www.msn.com/en-us/news/politics/here’s-where-the-gop-tax-plan-stands-right-now/ar-BBFX7eY?li=BBnb7Kz


So what happens to the markets tomorrow??

Reviving an old thread......
how much is the market up from these days?

Even with a tariff war, middle east concerns, China softness, and where are we today?

[Value Buy]

www.cnbc.com/quotes/?symbol=.DJI
Go here and click on the DOW and hit  a five year chart.
You can also do it for the S&P500 as well as the Nasdaq.

Everone who claimedTrump would be a disaster for the markets can publicly post your apoligies here.

[tallguy]

Jun 15, 2019 12:29:33 GMT -5 Value Buy said:

www.cnbc.com/quotes/?symbol=.DJI
Go here and click on the DOW and hit  a five year chart.
You can also do it for the S&P500 as well as the Nasdaq.

Everone who claimedTrump would be a disaster for the markets can publicly post your apoligies here.

Good timing indeed.  From an article today in response to Trump predicting a massive stock market crash if he is not re-elected, we have this:

Research by Macrotrends shows the Dow Jones Industrial Average’s performance so far in Trump’s term has been middling compared with his predecessors, and trails the gains made under Democrats Barack Obama and Bill Clinton. It’s a touch above the gains logged under Republicans Ronald Reagan and George H. W. Bush; George W. Bush had presided over a losing market at this point in his first term.

Trump Warns of Epic Stock Market Crash If He's Not Re-Elected

[Deleted]

Nov 28, 2017 18:04:22 GMT -5 djAdvocate said:

Nov 28, 2017 17:26:52 GMT -5 Value Buy said:

And for the record the DOW is up 30% since early November 2016.

This is a number that cannot be ignored.

the Dow was up 140% under Obama. 

but this number clearly can be ignored. 

Or the mathematical differentiation can be shown in regards to the size of Obama's starting point vs Trumps.

140% of a much smaller number, doesn't equate to 31% of a much larger number.

Kind of humorous what gets ignored. 

[Deleted]

Jun 15, 2019 12:25:16 GMT -5 Value Buy said:

Nov 30, 2017 21:01:26 GMT -5 kadee79 said:

We now have 3 Senators....


" Bob Corker of Tennessee, Jeff Flake of Arizona and James Lankford of Oklahoma"


www.msn.com/en-us/news/politics/here’s-where-the-gop-tax-plan-stands-right-now/ar-BBFX7eY?li=BBnb7Kz


So what happens to the markets tomorrow??

Reviving an old thread......
how much is the market up from these days?

Even with a tariff war, middle east concerns, China softness, and where are we today?

Doing quite well.

Continually flirting with record low unemployment too.

[thyme4change]

Jun 15, 2019 12:29:33 GMT -5 Value Buy said:

www.cnbc.com/quotes/?symbol=.DJI
Go here and click on the DOW and hit  a five year chart.
You can also do it for the S&P500 as well as the Nasdaq.

Everone who claimedTrump would be a disaster for the markets can publicly post your apoligies here.

I never thought he would be a disaster for the markets. He promised to cut regulations and cut taxes. The markets love that. I'm not sure we have a stable economy, or a healthy country, but the markets are riding on the promise that business can do whatever they want, no matter who gets hurt.

[Deleted]

Jun 16, 2019 9:33:43 GMT -5 thyme4change said:

Jun 15, 2019 12:29:33 GMT -5 Value Buy said:

www.cnbc.com/quotes/?symbol=.DJI
Go here and click on the DOW and hit  a five year chart.
You can also do it for the S&P500 as well as the Nasdaq.

Everone who claimedTrump would be a disaster for the markets can publicly post your apoligies here.

I never thought he would be a disaster for the markets. He promised to cut regulations and cut taxes. The markets love that. I'm not sure we have a stable economy, or a healthy country, but the markets are riding on the promise that business can do whatever they want, no matter who gets hurt.

Kind of negative.

Businesses hire more people when doing well.

[Tennesseer]

Jun 16, 2019 1:45:06 GMT -5 tallguy said:

Jun 15, 2019 12:29:33 GMT -5 Value Buy said:

www.cnbc.com/quotes/?symbol=.DJI
Go here and click on the DOW and hit  a five year chart.
You can also do it for the S&P500 as well as the Nasdaq.

Everone who claimedTrump would be a disaster for the markets can publicly post your apoligies here.

Good timing indeed.  From an article today in response to Trump predicting a massive stock market crash if he is not re-elected, we have this:

Research by Macrotrends shows the Dow Jones Industrial Average’s performance so far in Trump’s term has been middling compared with his predecessors, and trails the gains made under Democrats Barack Obama and Bill Clinton. It’s a touch above the gains logged under Republicans Ronald Reagan and George H. W. Bush; George W. Bush had presided over a losing market at this point in his first term.

Trump Warns of Epic Stock Market Crash If He's Not Re-Elected

Thanks, Obama!

[djAdvocate]

Jun 16, 2019 9:29:47 GMT -5 @x said:

Nov 28, 2017 18:04:22 GMT -5 djAdvocate said:

the Dow was up 140% under Obama. 

but this number clearly can be ignored. 

Or the mathematical differentiation can be shown in regards to the size of Obama's starting point vs Trumps.

140% of a much smaller number, doesn't equate to 31% of a much larger number.

Kind of humorous what gets ignored. 

yeah, it really is.

140% of 8000 is a HELL of a lot more than 31% of 18000.

but more importantly, if you are judging your returns on an absolute basis, you are going to get ignored.  literally nobody does it that way.

so, yeah, your biases are clearly showing, @jma

[djAdvocate]

Jun 16, 2019 9:36:33 GMT -5 @x said:

Jun 16, 2019 9:33:43 GMT -5 thyme4change said:

I never thought he would be a disaster for the markets. He promised to cut regulations and cut taxes. The markets love that. I'm not sure we have a stable economy, or a healthy country, but the markets are riding on the promise that business can do whatever they want, no matter who gets hurt.

Kind of negative.

Businesses hire more people when doing well.

false. Businesses hire more people when forecast that demand will exceed production capacity.  period.

a company doing poorly might very well hire to take advantage of a good forecast.