REAL WORLD EVENT DISCUSSIONS

Dow Nearing 30K. Time For You To Jump Off?

POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, April 22, 2024 12:22
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Monday, November 30, 2020 5:38 PM

JEWELSTAITEFAN



Today Dow closed at 29,638. That is the 6th highest Close in history.



Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,910 27 November 2020.
4. 29,872 25 November 2020.
5. 29,783 17 November 2020.
6. 29,638 30 November 2020.
7. 29,591 23 November 2020.
8. 29,551 12 February 2020.
9. 29,483 19 November 2020.
10. 29,479 13 November 2020.

11. 29,438 18 November 2020.
12. 29,423 13 February 2020.
13. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
14. 29,398 14 February 2020
15. 29,397 11 November 2020.
16. 29,379 6 February 2020.
17. 29,348 17 January 2020.
17. 29,348 19 February 2020.
19. 29,297 16 January 2020.
20. 29,290 5 February 2020.



20. 29,276 10 February 2020.
20. 29,276 11 February 2020.


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Thursday, December 3, 2020 2:51 PM

JEWELSTAITEFAN


Tuesday Dow closed at 29,823. That was the 5th highest Close in history.


Yesterday Dow closed at 29,883. That is the 4th highest Close in history.



Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,950 16 November 2020.
3. 29,910 27 November 2020.
4. 29,883 2 December 2020.
5. 29,872 25 November 2020.
6. 29,823 1 December 2020.
7. 29,783 17 November 2020.
8. 29,638 30 November 2020.
9. 29,591 23 November 2020.
10. 29,551 12 February 2020.

11. 29,483 19 November 2020.
12. 29,479 13 November 2020.
13. 29,438 18 November 2020.
14. 29,423 13 February 2020.
15. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
16. 29,398 14 February 2020
17. 29,397 11 November 2020.
18. 29,379 6 February 2020.
19. 29,348 17 January 2020.
19. 29,348 19 February 2020.



19. 29,297 16 January 2020.
20. 29,290 5 February 2020.



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Thursday, December 3, 2020 8:46 PM

JEWELSTAITEFAN



Today Dow closed at 29,969. That is the 2nd highest Close in history.



Just for reference, the current Top Dow Closes:

1. 30,046 24 November 2020.
2. 29,969 3 December 2020.
3. 29,950 16 November 2020.
4. 29,910 27 November 2020.
5. 29,883 2 December 2020.
6. 29,872 25 November 2020.
7. 29,823 1 December 2020.
8. 29,783 17 November 2020.
9. 29,638 30 November 2020.
10. 29,591 23 November 2020.

11. 29,551 12 February 2020.
12. 29,483 19 November 2020.
13. 29,479 13 November 2020.
14. 29,438 18 November 2020.
15. 29,423 13 February 2020.
16. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
17. 29,398 14 February 2020
18. 29,397 11 November 2020.
19. 29,379 6 February 2020.
20. 29,348 17 January 2020.
20. 29,348 19 February 2020.



19. 29,297 16 January 2020.

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Saturday, December 5, 2020 12:45 PM

JEWELSTAITEFAN



Friday Dow closed at 30,218. That is a new Record All-Time High.

S&P 500 closed at 3,699. That is a new Record All-Time High.

NASDAQ closed at 12,464. That is a new Record All-Time High.


Just for reference, the current Top Dow Closes:

1. 30,218 4 December 2020.
2. 30,046 24 November 2020.
3. 29,969 3 December 2020.
4. 29,950 16 November 2020.
5. 29,910 27 November 2020.
6. 29,883 2 December 2020.
7. 29,872 25 November 2020.
8. 29,823 1 December 2020.
9. 29,783 17 November 2020.
10. 29,638 30 November 2020.

11. 29,591 23 November 2020.
12. 29,551 12 February 2020.
13. 29,483 19 November 2020.
14. 29,479 13 November 2020.
15. 29,438 18 November 2020.
16. 29,423 13 February 2020.
17. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
18. 29,398 14 February 2020
19. 29,397 11 November 2020.
20. 29,379 6 February 2020.



20. 29,348 17 January 2020.
20. 29,348 19 February 2020.



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Saturday, December 5, 2020 5:06 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.



Inflating the bubble with free federal money! What's not to like?



And if democrats* don't do any different, how are they any better?

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Monday, December 7, 2020 7:11 PM

JEWELSTAITEFAN



Monday Dow closed at 30,069. That is The 2nd highest close in history.


Just for reference, the current Top Dow Closes:

1. 30,218 4 December 2020.
2. 30,069 7 December 2020.
3. 30,046 24 November 2020.
4. 29,969 3 December 2020.
5. 29,950 16 November 2020.
6. 29,910 27 November 2020.
7. 29,883 2 December 2020.
8. 29,872 25 November 2020.
9. 29,823 1 December 2020.
10. 29,783 17 November 2020.

11. 29,638 30 November 2020.
12. 29,591 23 November 2020.
13. 29,551 12 February 2020.
14. 29,483 19 November 2020.
15. 29,479 13 November 2020.
16. 29,438 18 November 2020.
17. 29,423 13 February 2020.
18. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
19. 29,398 14 February 2020
20. 29,397 11 November 2020.



20. 29,379 6 February 2020.


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Wednesday, December 9, 2020 2:40 PM

JEWELSTAITEFAN



Tuesday Dow closed at 30,173. That is The 2nd highest close in history.


Just for reference, the current Top Dow Closes:

1. 30,218 4 December 2020.
2. 30,173 8 December 2020.
3. 30,069 7 December 2020.
4. 30,046 24 November 2020.
5. 29,969 3 December 2020.
6. 29,950 16 November 2020.
7. 29,910 27 November 2020.
8. 29,883 2 December 2020.
9. 29,872 25 November 2020.
10. 29,823 1 December 2020.

11. 29,783 17 November 2020.
12. 29,638 30 November 2020.
13. 29,591 23 November 2020.
14. 29,551 12 February 2020.
15. 29,483 19 November 2020.
16. 29,479 13 November 2020.
17. 29,438 18 November 2020.
18. 29,423 13 February 2020.
19. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
20. 29,398 14 February 2020



20. 29,397 11 November 2020.



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Saturday, December 12, 2020 12:52 PM

JEWELSTAITEFAN


Wednesday Dow closed at 30,068. That was the 4th highest close in history.

Thursday Dow closed at 29,999. That was the 6th highest close in history.

Friday Dow closed at 30,046. That is the 5th highest close in history.


Just for reference, the current Top Dow Closes:

1. 30,218 4 December 2020.
2. 30,173 8 December 2020.
3. 30,069 7 December 2020.
4. 30,068 9 December 2020.
5. 30,046 11 December 2020.
6. 30,046 24 November 2020.
7. 29,999 10 December 2020.
8. 29,969 3 December 2020.
9. 29,950 16 November 2020.
10. 29,910 27 November 2020.

11. 29,883 2 December 2020.
12. 29,872 25 November 2020.
13. 29,823 1 December 2020.
14. 29,783 17 November 2020.
15. 29,638 30 November 2020.
16. 29,591 23 November 2020.
17. 29,551 12 February 2020.
18. 29,483 19 November 2020.
19. 29,479 13 November 2020.
20. 29,438 18 November 2020.



18. 29,423 13 February 2020.
19. 29,420 10 November 2020. Legal challenges against Election Fraud gearing up.
20. 29,398 14 February 2020


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Monday, December 14, 2020 4:52 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Investing when things look bleak remains a profitable strategy.
In other words, when unemployment is high, stocks soar, and when it’s low, gains are relatively paltry. At least that’s what history has told us.

Table 4.3 Unemployment Rate and Stock Market Returns

Unemployment Rate / S&P 500 Annualized Returns
>9% / 24.50%
7%-9% / 15.10%
5%-7% / 8.30%
<5% / 3.90%

“It’s counter-intuitive that the best returns would come from investing when the economy is getting body-slammed,” Carlson wrote. “But being uncomfortable when investing is typically a good sign.”

He acknowledged that he felt, during the initial market drop, that stocks could potentially fall another 60% from there. In that four-week period that started in late February, stocks experienced the fastest bear market of 30% or worse from all-time highs in history. Yet, just five months later and stocks were again pushing up into uncharted territory.

“Just think about how many brilliant people decided to play it safe and wait for a retest of the lows after stocks bounced,” Carlson said. “Guess, what? By the time the dust settled it was already too late. The stock market proved a lot of people wrong this year.”

Of course, it was easy to be caught wrong-footed in the face of rising unemployment, mounting coronavirus death tolls and political unrest, but even so, the actions of the Federal Reserve, in retrospect, was where the focus should have been.

“The government threw trillions of dollars at this thing. They literally gave people money,” Carlson said. “It seems obvious now that those trillions and an implicit backing from the Fed would provide a floor under the markets. But few people at the time were predicting a rush back to all-time highs while these programs were being rolled out.”

The best way to navigate the madness? It’s hard to beat the buy-and-hold approach, he suggested, though sticking to it through a 30% peak-to-trough drop within a month wouldn’t have been easy. Then again, stocks have recovered 60% since then to make for a net 15% gain.

“Holding is difficult but it may be even harder to go one step further and buy when stocks are falling and everyone is running for the exits,” Carlson wrote. “Buy and hold only works if you both buy and hold when it feels like the market may never rise again.”

https://www.marketwatch.com/story/this-chart-might-have-you-rethinking
-your-approach-to-the-stock-market-11607886100

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Saturday, December 26, 2020 1:02 PM

JEWELSTAITEFAN


Monday 14 Dec Dow closed at 29,861. That was the 13th highest close in history.

Tuesday Dow closed at 30,199. That was the 2nd highest close in history.

Wednesday Dow closed at 30,154. That was the 4th highest close in history.

Thursday Dow closed at 30,303. That is a new Record All-Time High Close.

Friday Dow closed at 30,179. That was the 4th highest close in history.


Monday 21 Dec Dow closed at 30,216. That was the 3rd highest close in history.

Tuesday Dow closed at 30,015. That was the 12th highest close in history.

Wednesday Dow closed at 30,129. That was the 7th highest close in history.

Thursday 24 Dec Dow closed at 30,199. That is the 4th highest close in history.




Just for reference, the current Top Dow Closes:

1. 30,303 17 December 2020.
2. 30,218 4 December 2020.
3. 30,216 21 December 2020.
4. 30,199 24 December 2020.
5. 30,199 15 December 2020.
6. 30,179 18 December 2020.
7. 30,173 8 December 2020.
8. 30,154 16 December 2020.
9. 30,129 23 December 2020.
10. 30,069 7 December 2020.

11. 30,068 9 December 2020.
12. 30,046 11 December 2020.
13. 30,046 24 November 2020.
14. 30,015 22 December 2020.
15. 29,999 10 December 2020.
16. 29,969 3 December 2020.
17. 29,950 16 November 2020.
18. 29,910 27 November 2020.
19. 29,883 2 December 2020.
20. 29,872 25 November 2020.



13. 29,861 14 December 2020.
13. 29,823 1 December 2020.
14. 29,783 17 November 2020.
15. 29,638 30 November 2020.
16. 29,591 23 November 2020.
17. 29,551 12 February 2020.
18. 29,483 19 November 2020.
19. 29,479 13 November 2020.
20. 29,438 18 November 2020.


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Thursday, January 21, 2021 9:43 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Between election day on Nov. 3 and Inauguration Day on Jan. 20, the S&P 500 index has climbed 14.3%. The gain is the best between election and inauguration day for any first-term president since World War II, according to a report by CFRA Research, an investment research firm in New York.

https://qz.com/1960298/since-joe-bidens-election-the-sp-500-has-climbe
d-14-3-percent/

How The Stock Market Performed Under Every U.S. President Since Truman — And The Results Will Surprise You

Conventional wisdom says that those liberal Dems are generally bad for the economy and the stock market because of their big government tendencies, while fiscally conservative Republicans are good. This widely accepted belief is actually fake news if you look at data going back to the end of World War II.

“Stock markets do perform better under Democrats than under Republicans. That’s a well-known fact, but it does not imply cause and effect,” says Jeremy Siegel, the Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania. From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans.

https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-sto
ck-market-returns-under-every-us-president/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, January 27, 2021 7:49 PM

JEWELSTAITEFAN






Just for reference, the current Top Dow Closes:

1. 31,188 20 Jan
2. 31,176 21 Jan
3. 31,092 8 Jan
4. 31,068 12 Jan
5. 31,060 13 Jan
6. 31,041 7 Jan
7. 31,008 11 Jan
8. 30,996 22 Jan
9. 30,991 14 Jan
10. 30,960 25 Jan

11. 30,937 26 Jan
12. 30,930 19 Jan
13. 30,829 6 Jan
14. 30,814 15 Jan
15. 30,606 31 December 2020.
16. 30,409 30 December 2020.
17. 30,403 28 December 2020.
18. 30,391 5 January 2021.
19. 30,335 29 December 2020.
20. 30,303 17 December 2020.


21. 30,303 27 January 2021.
22. 30,223 4 January 2021.
23. 30,218 4 December 2020.
24. 30,216 21 December 2020.
25. 30,199 24 December 2020.
26. 30,199 15 December 2020.
27. 30,179 18 December 2020.
28. 30,173 8 December 2020.
29. 30,154 16 December 2020.
30. 30,129 23 December 2020.

31. 30,069 7 December 2020.
32. 30,068 9 December 2020.
33. 30,046 11 December 2020.
34. 30,046 24 November 2020.
35. 30,015 22 December 2020.
36. 29,999 10 December 2020.
37. 29,969 3 December 2020.
38. 29,950 16 November 2020.
39. 29,910 27 November 2020.
40. 29,883 2 December 2020.
41. 29,872 25 November 2020.




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Wednesday, January 27, 2021 8:21 PM

6IXSTRINGJACK


GameStop is the BitCoin of 2021.

Here's a tip. Don't buy it now.

And don't beat yourself up when you didn't buy stock in that sinking ship before the speculators drove it up.




--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Thursday, January 28, 2021 3:43 PM

6IXSTRINGJACK


Did you all follow my advice and NOT buy GameStop?

Good.

https://www.msn.com/en-us/news/opinion/why-is-everybody-obsessed-with-
gamestop/ar-BB1dbhwp

Quote:
This week, the sleepy video-game retailer GameStop went on the ride of its life. The company’s stock rocketed from about $40 to almost $400 in a matter of days, minting day-trader millionaires and extinguishing billions of dollars of bets against the firm placed by institutional investors. Then, this morning, GameStop trading was restricted on the Robinhood platform, where more than half of all users hold shares in the company. The stock lost three-quarters of its value in 85 minutes, plunging from nearly $500 at 10 a.m. to $120 at 11:25 a.m.



--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Thursday, January 28, 2021 3:45 PM

6IXSTRINGJACK


Oh... and $120 is NOT a bargain either. Do not buy it now.




--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Saturday, January 30, 2021 1:50 PM

JEWELSTAITEFAN


Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.

28 Jan Dow closed at 30,603.
29 Jan Dow closed at 29,982. Lowest close since 14 December.



Just for reference, the current Top Dow Closes:

1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.

11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,606 31 December 2020.
16. 30,603 28 January 2021.
17. 30,409 30 December 2020.
18. 30,403 28 December 2020.
19. 30,391 5 January 2021.
20. 30,335 29 December 2020.


21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,199 24 December 2020.
27. 30,199 15 December 2020.
28. 30,179 18 December 2020.
29. 30,173 8 December 2020.
30. 30,154 16 December 2020.

31. 30,129 23 December 2020.
32. 30,069 7 December 2020.
33. 30,068 9 December 2020.
34. 30,046 11 December 2020.
35. 30,046 24 November 2020.
36. 30,015 22 December 2020.
37. 29,999 10 December 2020.
38. 29,982 29 January 2021.
39. 29,969 3 December 2020.
40. 29,950 16 November 2020.

41. 29,910 27 November 2020.
42. 29,883 2 December 2020.
43. 29,872 25 November 2020.




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Monday, February 1, 2021 7:53 PM

JEWELSTAITEFAN



Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.

1 Feb Dow closed at 30,211.



Just for reference, the current Top Dow Closes:

1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.

11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,606 31 December 2020.
16. 30,603 28 January 2021.
17. 30,409 30 December 2020.
18. 30,403 28 December 2020.
19. 30,391 5 January 2021.
20. 30,335 29 December 2020.


21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,211 1 February 2021.
27. 30,199 24 December 2020.
28. 30,199 15 December 2020.
29. 30,179 18 December 2020.
30. 30,173 8 December 2020.




30. 30,154 16 December 2020.

31. 30,129 23 December 2020.
32. 30,069 7 December 2020.
33. 30,068 9 December 2020.
34. 30,046 11 December 2020.
35. 30,046 24 November 2020.
36. 30,015 22 December 2020.
37. 29,999 10 December 2020.
38. 29,982 29 January 2021.
39. 29,969 3 December 2020.
40. 29,950 16 November 2020.

41. 29,910 27 November 2020.
42. 29,883 2 December 2020.
43. 29,872 25 November 2020.


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Wednesday, February 3, 2021 7:52 PM

JEWELSTAITEFAN



Obamanomics 2.0 is doing it's job, if you hadn't gotten out of the market already.

3 Feb Dow closed at 30,723.



Just for reference, the current Top Dow Closes:

1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.

11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,723 2 February 2021.
16. 30,687 3 February 2021.
17. 30,606 31 December 2020.
18. 30,603 28 January 2021.
19. 30,409 30 December 2020.
20. 30,403 28 December 2020.






19. 30,391 5 January 2021.
20. 30,335 29 December 2020.


21. 30,303 17 December 2020.
22. 30,303 27 January 2021.
23. 30,223 4 January 2021.
24. 30,218 4 December 2020.
25. 30,216 21 December 2020.
26. 30,211 1 February 2021.
27. 30,199 24 December 2020.
28. 30,199 15 December 2020.
29. 30,179 18 December 2020.
30. 30,173 8 December 2020.




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Friday, February 5, 2021 9:58 AM

6IXSTRINGJACK


Quote:
Originally posted by 6IXSTRINGJACK:
Did you all follow my advice and NOT buy GameStop?

Good.

https://www.msn.com/en-us/news/opinion/why-is-everybody-obsessed-with-
gamestop/ar-BB1dbhwp

Quote:
This week, the sleepy video-game retailer GameStop went on the ride of its life. The company’s stock rocketed from about $40 to almost $400 in a matter of days, minting day-trader millionaires and extinguishing billions of dollars of bets against the firm placed by institutional investors. Then, this morning, GameStop trading was restricted on the Robinhood platform, where more than half of all users hold shares in the company. The stock lost three-quarters of its value in 85 minutes, plunging from nearly $500 at 10 a.m. to $120 at 11:25 a.m.


Quote:
Originally posted by 6IXSTRINGJACK:
Oh... and $120 is NOT a bargain either. Do not buy it now.





Robin Hood stopped meddling after GameStop plunged to $53 yesterday.

I know it might seem like a GREAT deal to buy in right now at $73.40, but are you going to get stuck and not be able to sell when they start meddling again?

Temper your expectations and stay the hell out of this one, and just keep in mind that this stock was regularly trading for less than $4 for most of 2019 and the first half of 2020.


--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Thursday, February 11, 2021 11:54 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Warren Buffett's favorite indicator hints that stocks are significantly overvalued

The “Buffett Indicator” — as it’s called in Wall Street circles — takes the Wilshire 5000 Index (viewed as the total stock market) and divides it by the annual U.S. GDP.

The Buffett Indicator stands at about 194% — up markedly from 175% or so when applying third quarter GDP data. The figure is well above the 159.2% seen just before the dot.com bubble.

It really shouldn’t be a surprise to see the indicator as inflated as it is today.

Federal Reserve liquidity continues to run rampant and is fueling new record highs in the stock market. Meanwhile, the ongoing COVID-19 pandemic continues to depress economic output.

https://finance.yahoo.com/news/warren-buffetts-favorite-indicator-hint
s-that-stocks-are-significantly-overvalued-182944741.html

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, February 11, 2021 12:41 PM

6IXSTRINGJACK


Quote:
Originally posted by second:
Warren Buffett's favorite indicator hints that stocks are significantly overvalued


No shit, huh?


--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Thursday, February 11, 2021 1:36 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:
Originally posted by 6IXSTRINGJACK:
Quote:
Originally posted by second:
Warren Buffett's favorite indicator hints that stocks are significantly overvalued


No shit, huh?
When the market crashes, as it did in 2000, 2008, and 2020, I will be buying at a huge discount. The fearful sellers will think it extremely unfair that I paid them far less than the full price at which they purchased stock. Even worse, when the stocks go up, again, I definitely will not be sharing my gains with the former owners of those shares. Even the Federal Treasury won't get a share of my gains because of the Step-Up in Basis. American Capitalism is beautiful for the rich and brave, but not for the poor or fearful.
https://www.investopedia.com/terms/s/stepupinbasis.asp

List of stock market crashes and bear markets (Opportunities to get Richer for the Brave)
https://en.wikipedia.org/wiki/List_of_stock_market_crashes_and_bear_ma
rkets

Step-Up in Basis as a Tax Loophole

The step-up in basis tax provision has often been criticized as a tax loophole for the ultra-rich and wealthy. They take advantage of it to eliminate or reduce their tax burden. For example, they can escape capital gains tax on stocks by placing their holdings in a trust fund for their heirs.

In a typical case, a millionaire might invest in assets, such as real estate and stocks, that are expected to appreciate and provide them with a consistent rate of return during their lifetime. The investor's heirs will enjoy the benefits of the investment after their death because they will be taxed on the stepped-up cost basis, instead of the original cost, thereby allowing them to evade taxes worth millions of dollars. The case of the Walton family, which owns Walmart and is supposed to have put a majority of its holdings into estates to avoid taxes, is well-known.

Over the years, economists have proposed eliminating step-up in basis and have suggested that it could be replaced with lower capital gains taxes. Proponents of the provision argue that it is not difficult to calculate the exact value of assets that may be from several decades or, in some cases, even a century ago.

https://www.investopedia.com/terms/s/stepupinbasis.asp

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, February 11, 2021 4:42 PM

6IXSTRINGJACK


Cool dude. Keep adding to that white male guilt pile of yours.




--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Thursday, February 11, 2021 6:19 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:
Originally posted by 6IXSTRINGJACK:
Cool dude. Keep adding to that white male guilt pile of yours.
The people who should feel guilty are the ones selling their stock to me during a market crash and then realizing years too late that they should have held on to the stock. But in the brutal yet simple reality of American Capitalism, weaklings, cowards and chickens run when frightened. Because of that, they will never be rich. People with the brains and courage of a chicken don't understand Capitalism as practiced in America.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Thursday, February 11, 2021 7:13 PM

6IXSTRINGJACK


Quote:
Originally posted by second:
Quote:
Originally posted by 6IXSTRINGJACK:
Cool dude. Keep adding to that white male guilt pile of yours.
The people who should feel guilty are the ones selling their stock to me during a market crash and then realizing years too late that they should have held on to the stock. But in the brutal yet simple reality of American Capitalism, weaklings, cowards and chickens run when frightened. Because of that, they will never be rich. People with the brains and courage of a chicken don't understand Capitalism as practiced in America.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly



You sound like every "slot machine pro" I've ever talked to before.

But we all know that I've got more money saved up than you do, so it's real easy talk coming from a dude who lies about himself every day.

Nobody cares.




--------------------------------------------------

A government is a body of people usually, notably, governed by Mark Zuckerborg and Slack Dorsey.

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Friday, February 26, 2021 3:31 PM

JEWELSTAITEFAN





3 Feb Dow closed at 30,723.

4 Feb 31,055
5 Feb 31,148

8 Feb 31,385
9 Feb 31,375
10 Feb 31,437
11 Feb 31,430
12 Feb 31, 458

16 Feb 31,522
17 Feb 31,613
18 feb 31,493
19 Feb 31,494

22 Feb 31, 521
23 Feb 31, 537
24 Feb 31,961
25 Feb 31,402




NOT updated:
Just for reference, the current Top Dow Closes:

1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.

11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,723 2 February 2021.
16. 30,687 3 February 2021.
17. 30,606 31 December 2020.
18. 30,603 28 January 2021.
19. 30,409 30 December 2020.
20. 30,403 28 December 2020.





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Tuesday, March 2, 2021 3:42 PM

JEWELSTAITEFAN


26 Feb Dow Closed at 30,932.

1 March, Day after Trump's First speech since Coronation of Lord Darth Biden. Dow closed at 31,535.



3 Feb Dow closed at 30,723.

4 Feb 31,055
5 Feb 31,148

8 Feb 31,385
9 Feb 31,375
10 Feb 31,437
11 Feb 31,430
12 Feb 31, 458

16 Feb 31,522
17 Feb 31,613
18 feb 31,493
19 Feb 31,494

22 Feb 31, 521
23 Feb 31, 537
24 Feb 31,961
25 Feb 31,402




NOT updated:
Just for reference, the current Top Dow Closes:

1. 31,188 20 January 2021.
2. 31,176 21 January 2021.
3. 31,092 8 January 2021.
4. 31,068 12 January 2021.
5. 31,060 13 January 2021.
6. 31,041 7 January 2021.
7. 31,008 11 January 2021.
8. 30,996 22 January 2021.
9. 30,991 14 January 2021.
10. 30,960 25 January 2021.

11. 30,937 26 January 2021.
12. 30,930 19 January 2021.
13. 30,829 6 January 2021.
14. 30,814 15 January 2021.
15. 30,723 2 February 2021.
16. 30,687 3 February 2021.
17. 30,606 31 December 2020.
18. 30,603 28 January 2021.
19. 30,409 30 December 2020.
20. 30,403 28 December 2020.





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Wednesday, March 10, 2021 3:06 PM

JEWELSTAITEFAN


Dow closed 2 March at 31,391.

3 Mar 31,270
4 Mar 30,924
5 Mar 31,496

8 Mar 31,802
9 Mar 31,832

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Thursday, April 1, 2021 3:28 PM

JEWELSTAITEFAN


Dow closed 10 Mar at 32,297.
11 Mar 32,495
12 Mar 32,778

15 Mar 32,953
16 Mar 32,825
17 Mar 33,015
18 Mar 32,862
19 Mar 32,627

22 Mar 32,731
23 Mar 32,423
24 Mar 32,420
25 Mar 32,619
26 Mar 33,072

29 Mar 33,171
30 Mar 33,066
31 Mar 32,981

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Monday, April 5, 2021 3:55 PM

JEWELSTAITEFAN


Dow closed at 33,153 on 1 April.

Quote:
Originally posted by JEWELSTAITEFAN:
Dow closed 10 Mar at 32,297.
11 Mar 32,495
12 Mar 32,778

15 Mar 32,953
16 Mar 32,825
17 Mar 33,015
18 Mar 32,862
19 Mar 32,627

22 Mar 32,731
23 Mar 32,423
24 Mar 32,420
25 Mar 32,619
26 Mar 33,072

29 Mar 33,171
30 Mar 33,066
31 Mar 32,981

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Thursday, April 15, 2021 9:24 PM

JEWELSTAITEFAN


Dow closed at 33,527 on 5 April.

33,430 on 6 Apr
33,446 on 7 Apr
33,503 on 8 Apr
33,800 on 9 Apr
33,745 on 12 Apr
33,677 on 13 Apr
33,730 on 14 Apr
34,035 on 15 Apr

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Saturday, April 17, 2021 2:34 PM

JEWELSTAITEFAN


Dow closed at 34,200 on 16 April. A new All-time Record High.


S&P 500 closed at 4,185. A new All-time Record High.

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Saturday, April 24, 2021 2:30 PM

JEWELSTAITEFAN


Dow closed 19 April at 34,077.

20 Apr at 33,821
21 Apr at 34,137
22 Apr at 33,815
23 Apr at 34,043

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Friday, May 28, 2021 4:17 PM

JEWELSTAITEFAN


Dow closed April 26 at 33,981.

33,984 on 27 April
33,820 on 28 April
34,060 on 29 April
33,874 on 30 April

34,113 on 3 May
34,133 on 4 May
34,230 on 5 May - a new Record All-Time High.
34,548 on 6 May - a new Record All-Time High.
34,777 on 7 May - a new Record All-Time High.

34,742 on 10 May
34,269 on 11 May
33,587 on 12 May
34,021 on 13 May
34,382 on 14 May

34,327 on 17 May
34,060 on 18 May
33,896 on 19 May
34,084 on 20 May
34,207 on 21 May

34,393 on 24 May
34,312 on 25 May
34,323 on 26 May
34,464 on 27 May
34,529 on 28 May

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Friday, June 4, 2021 4:18 PM

JEWELSTAITEFAN


Dow closed 1 Jun at 34,575.

34,600 on 2 Jun
34,577 on 3 Jun
34,756 on 4 Jun - 2nd highest close in history.

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Thursday, June 10, 2021 4:04 AM

JO753

rezident owtsidr


I hav a plan!

Buy a bunch uv sharez uv a penny stock tek company thats been wallowing for yirz due to not being able to solv sum sorta teknical problem, then figure it out, sell it to them, maybe for $ & sharez.

Prezumably, the stock will go to the moon and beyond, depending on the importans uv the teknolojy.

A fool proof plan. Wut coud possibly go rong?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

The real pandemic solution: http://uvpk.net/

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Wednesday, July 7, 2021 1:07 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Here are four reasons the West is headed for a ‘very drastic crisis,’ according to a veteran economist

Markets seem to be in cruise-control mode, at least until the Jackson Hole gathering of central bankers at which the Federal Reserve may finally announce it will slow the rate of bond purchases. The S&P 500 SPX, 0.29% ended Tuesday at its second highest closing level on record, after a slight decline ended a seven-session winning run.

Patrick Artus, a senior economics adviser at French bank Natixis and a professor at the Paris School of Economics, isn’t sharing in the joy. In a very blunt memo to clients, Artus says a crisis is “inevitable.”

The total outstanding debt of the U.S., the U.K., the eurozone and Japan relative to gross domestic product has come off the highest levels of the pandemic as economies have reopened but still is at elevated levels. “Borrower solvency cannot be ensured if debt-to-income ratios increase continuously,” he says.

The money supply also is at records. “The money supply cannot be increased continuously relative to income, as soon or later demand for money, which is linked to savings and income, can no longer increase,” said Artus, whose résumé includes stints at the Organization for Economic Cooperation and Development and the Banque de France.


Also zooming higher is wealth, with both stock and housing prices surging. “Rising relative asset prices cannot be extrapolated: If they become too high, the savings of asset buyers will no longer suffice to buy then, leading inevitably to a downward correction in prices,” he says. Finally, he notes a skewing of income distribution against wage earners: “If wage earnings do not receive productivity gains over a long period, demand for goods and services will become too weak to absorb production, which grows rapidly when earnings are invested.”

So how will this unwind? Artus says a correction in income distribution will lead to faster wage growth and higher inflation. That, in turn, will lead to more restrictive monetary policy and higher inflation-adjusted interest rates. The more restrictive monetary policy will then stabilize asset prices and wealth, forcing deleveraging. And that deleveraging will lead to a recession due to the necessary fall in demand among households, companies and governments.

“The stabilization of these variables will lead to a very drastic crisis, due to faster growth in wages and inflation, a restrictive monetary policy, a fall in wealth and asset prices, and a recession caused by a fall in domestic demand,” he concludes.

www.marketwatch.com/story/here-are-four-reasons-the-west-is-headed-for
-a-very-drastic-crisis-according-to-a-veteran-economist-11625655832

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Tuesday, March 8, 2022 9:20 PM

JEWELSTAITEFAN


I hear the markets are dropping.
I haven't kept this thread updated, keeping busy. I should look this up.

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Wednesday, May 25, 2022 9:27 PM

JEWELSTAITEFAN


I've been doing a lousy job of keeping up on this thread.


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Wednesday, May 25, 2022 9:42 PM

6IXSTRINGJACK


Heh...

I can't blame you. I'm sure it's quite depressing.

--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Wednesday, May 25, 2022 10:52 PM

JEWELSTAITEFAN


Quote:
Originally posted by 6IXSTRINGJACK:
Heh...

I can't blame you. I'm sure it's quite depressing.
No. I find it interesting.
But I'm just too busy with many things. Several threads I have not kept up with.

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Friday, May 27, 2022 10:32 PM

6IXSTRINGJACK


Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by 6IXSTRINGJACK:
Heh...

I can't blame you. I'm sure it's quite depressing.
No. I find it interesting.
But I'm just too busy with many things. Several threads I have not kept up with.


That's cool.

I'm not invested at all. I was surprised to see that the DOW was still over 32k after I wrote that post considering all the doom and gloom I've been hearing about everything.

I've got some meme stock just for yucks, but nothing I ever look at on even a yearly basis.

--------------------------------------------------

Me: "Remember Covid?"

Useless Idiots: "What's Covid, durr? Russia, Ukraine, Putin, NATO *drool*. DURRRR!!!!"

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Sunday, June 19, 2022 1:05 AM

JEWELSTAITEFAN


Looks like Dow peaked around 37k in early January. Like 36,952.

Friday it closed at 29,888. Close on Thursday was 29,927.

A 15% drop would have been about 31,400. Looks like it finally got down to that around mid-May. I wasn't paying attention.

Before Obamanomics broke the Stock Market model, that would have been the trigger for the onset of Bear Market. A bounce in prices would have briefly followed, before the deep dive.

Looks like it only bounced back up to about 33,600 in the past few weeks. The expected bounce using the old model would have been from 33,300 to 35,200 - so this current behavior seems to mimic the pre-Obamination model. If it continues, expect Dow to continue to fall, at this point.

The time to sell the profitable funds would have been from 3 weeks to 1 week ago.

That last post of mine would have been a good time for me to look, but my mom was dying then. Been busy.


So, Dow is currently at about 19% loss compared to it's All-Time Record High in January. The coasting along off the steam generated by Trump has ended.
Bad news for Democrap Libtards in November, which is obviously great news for America when that Cancer gets reduced.


Selling during that bounce would have been a loss of about 9% from the All-Time Record High, but the 3,700 drop since then is another 10% of loss.
Because the Bear Market is now, it is still best to sell before it drops too much more. The expected drop would be another 10% to 50%, or 30% to 70% off the Record High. Then buy back in at the lower price. Buy low, sell high.

True to form, I just saw on Fake News that self-proclaimed "Financial experts" are chanting "don't sell, don't sell" just like they did for the entire year of 2008 as the Rock-The-Vote Recession kept dropping.
Oh, and they are chanting "YOU CANT TIME THE MARKET, YOU CANT TIME THE MARKET"
hahahahahahaha....

I must have mentioned in this thread or the prior one about this timing, about 18 months after Libtards overran Washington, just like Jan 2007 and thru 2008, is now like Jan 2021 thru 2022.


Looks like in 1st week of March the drop was only 12%. Not enough to get excited about, but had I looked, would have been warning to keep watch - for the 15%.

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Sunday, June 19, 2022 2:02 AM

JEWELSTAITEFAN


OK, so does anybody want to guess how far the Dow will drop in this Bear Market?

Surely 30%(~25,900), but likely not 70% (~11,000).

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Sunday, June 19, 2022 11:27 PM

JEWELSTAITEFAN


Quote:
Originally posted by JEWELSTAITEFAN:
Selling during that bounce would have been a loss of about 9% from the All-Time Record High, but the 3,700 drop since then is another 10% of loss.
Because the Bear Market is now, it is still best to sell before it drops too much more. The expected drop would be another 10% to 50%, or 30% to 70% off the Record High. Then buy back in at the lower price. Buy low, sell high.

True to form, I just saw on Fake News that self-proclaimed "Financial experts" are chanting "don't sell, don't sell" just like they did for the entire year of 2008 as the Rock-The-Vote Recession kept dropping.
Oh, and they are chanting "YOU CANT TIME THE MARKET, YOU CANT TIME THE MARKET"
hahahahahahaha.....
ha

I just checked my fund balances on my accounts. EXTREMELY HIGH CALL VOLUMES. LONG WAIT TIMES. Never had these problems before Lord Darth Obiden.

Even better, to ensure everything runs smoothly, Darth's Deep State Stooges have disabled the Account Access system which has been in place for over 22 years, for Federal Employees. Starting 1 June, 2022 they have a "new account system" - which doesn't work yet.


I had forgotten to mention: S&P500 is at 3,674. Had peaked at 4,818. Drop of 1,144. About 27% loss.
NASDAQ at 10,798. Had peaked at 16,212. Loss of 5,414. About 34% drop.


In case folk aren't conjuring, just watch me Time The Market, yet again, like I've done repeatedly before - just not as well this time. Mom's death was a distraction.

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Monday, July 18, 2022 2:50 AM

JEWELSTAITEFAN


Recently heard about some China Stimulus Package which bumped some stocks up briefly, but now some say the recession will resume, as it was before being interrupted. N ot sure if that was all true, but posting it for future reference.

Anyhow, some further data points I was able to collect:
Dow.
36,799 All-Time Record High Close on 4 Jan 2022.
90% = 33,119. 85% = 31,279. 80% = 29,439.
34,160 27 Jan 92.8%
32,632 8 Mar low 88.7
35,294 29 Mar peak 95.9
35,160 20 Apr 95.5
31,253 19 May 84.9%
33,212 27 May 90.3
33,248 2 Jun 90.4%
33,180 7 Jun 90.2
29.888 17 Jun 81.2
30,483 22 Jun 82.8
31,500 24 Jun 85.6
30,630 14 Jul 83.2
31,288 15 Jul 85.0



S&P 500:
4,796 3 Jan 2022. All-Time Record High Close.
So 90% = 4,316. 85% = 4,076. 80% = 3,836.
4,326 27 Jan 90.2%
4,589 2 Feb 95.7
4,587 9 Feb 95.6
4,225 23 Feb 88.1
4,170 8 Mar 86.9
4,173 14 Mar 87.0
4,631 29 Mar 96.6
3,930 12 May 81.9%
3,900 19 May 81.3
4,158 27 May 86.7
4,176 2 Jun 87.1%
4,160 7 Jun 86.7
3,666 16 Jun 76.4
3,911 24 Jun 81.5
3,902 7 Jul 81.4
3,863 15 Jul 80.5

Dow and S&P made their All-Time Record Highs in early Jnuary. After that, the first time they closed below 85% was 12 May for S&P and 19 May for Dow. Under the model prior to Obamanomics, that would have been the trigger for starting the Bear Market cycle., Next would come a bounce of 5-10%, or hopefully 90-95% of the Record High.
Dow did get up to 90.4% to provide a decent selling price, at almost 10% discount of the peak historical profit. But S&P only bounced up to 87.1%, meaning a sell would be a 13% discount - or more than 1/8 loss.
That selling period was from 27 May to 7 June for both S&P 500 and Dow.
Since the low point on 16/17 June, that minor bounce may be due to that much ballyhooed "China Stimulus" or that might just be Fake News covering for Lord Darth Obiden. Regardless, I expect the Market to drop a while.
Just in time for Elections, and folk can be reminded of their wisdom in "electing" Libtards - or, allowing them to Steal the Election.

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Monday, July 18, 2022 4:21 AM

JEWELSTAITEFAN



Posted 27 Nov 2020:
Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by Jongsstraw:
i sold a bunch of stocks back in March. The Dow had just gone from 30,000 to 18,000 in less than two weeks. Days later I was feeling pretty good about the decision I made to take a reasonable loss and stop what could have been a catastrophic loss. But as the Markets have since FULLY rebounded in only eight months I find myself realizing I panicked and did the wrong thing in March by selling. Oh well, sometimes you guess wrong. And to top it off with a cherry on top, CD rates have recently crashed, so there's almost no place left that's safe to earn any sort of substantial interest. May 2021 will mark 10 years since I retired. It's truly been wonderful not working, just enjoying living, although this year of the pandemic has kinda sucked.
This makes me sad.

On 17 March my state went into Lockdown, and I was unable to post here.

If I had been able to post here, I wanted to post a reminder of the obvious Gift Horse Buying Opportunity with the Dow drop. Although I was unable to do so, I hoped that the numerous times previously that I had posted the same thing for those who had read the other thread.
Now I am proven wrong, and my posting the same thing repeatedly in the past did not sink in.

Can you tell us why you wanted to sell at the lowest price? Your input could help others understand in the future.
It sounds like you liquidated your stocks, not just switching to a different stock. Did you keep the money within the Tax-Deferred/protected environment, or pay the penalties?



Actually, I did. I'd already posted about the situation:
http://fireflyfans.net/mthread.aspx?bid=18&tid=61333&mid=10961
82#1096182

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Monday, July 18, 2022 8:20 AM

6IXSTRINGJACK


I'm so glad none of this matters to me anymore.

--------------------------------------------------

Falsus in unum, falsus in omnibus

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Monday, July 18, 2022 8:28 PM

JEWELSTAITEFAN


Quote:
Originally posted by JEWELSTAITEFAN:
Recently heard about some China Stimulus Package which bumped some stocks up briefly, but now some say the recession will resume, as it was before being interrupted. N ot sure if that was all true, but posting it for future reference.

Anyhow, some further data points I was able to collect:
Dow.
36,799 All-Time Record High Close on 4 Jan 2022.
90% = 33,119. 85% = 31,279. 80% = 29,439.
34,160 27 Jan 92.8%
32,632 8 Mar low 88.7
35,294 29 Mar peak 95.9
35,160 20 Apr 95.5
31,253 19 May 84.9%
33,212 27 May 90.3
33,248 2 Jun 90.4%
33,180 7 Jun 90.2
29.888 17 Jun 81.2
30,483 22 Jun 82.8
31,500 24 Jun 85.6
30,630 14 Jul 83.2
31,288 15 Jul 85.0



S&P 500:
4,796 3 Jan 2022. All-Time Record High Close.
So 90% = 4,316. 85% = 4,076. 80% = 3,836.
4,326 27 Jan 90.2%
4,589 2 Feb 95.7
4,587 9 Feb 95.6
4,225 23 Feb 88.1
4,170 8 Mar 86.9
4,173 14 Mar 87.0
4,631 29 Mar 96.6
3,930 12 May 81.9%
3,900 19 May 81.3
4,158 27 May 86.7
4,176 2 Jun 87.1%
4,160 7 Jun 86.7
3,666 16 Jun 76.4
3,911 24 Jun 81.5
3,902 7 Jul 81.4
3,863 15 Jul 80.5

Dow and S&P made their All-Time Record Highs in early Jnuary. After that, the first time they closed below 85% was 12 May for S&P and 19 May for Dow. Under the model prior to Obamanomics, that would have been the trigger for starting the Bear Market cycle., Next would come a bounce of 5-10%, or hopefully 90-95% of the Record High.
Dow did get up to 90.4% to provide a decent selling price, at almost 10% discount of the peak historical profit. But S&P only bounced up to 87.1%, meaning a sell would be a 13% discount - or more than 1/8 loss.
That selling period was from 27 May to 7 June for both S&P 500 and Dow.
Since the low point on 16/17 June, that minor bounce may be due to that much ballyhooed "China Stimulus" or that might just be Fake News covering for Lord Darth Obiden. Regardless, I expect the Market to drop a while.
Just in time for Elections, and folk can be reminded of their wisdom in "electing" Libtards - or, allowing them to Steal the Election.

Dow closed today at 31,072.
S&P 500 at 3,830.

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