Stock Market looking at a dark day

Don't you mean that PELOSI is hinting that Trump will not leave office?

Personally, I have not seen Trump make this "threat". It is only those that are anti-trump that are making this claim.....much like the anit-Obama group made the same exact claim at the end of Obama's stint as President.

 

Yeah, if it is raining in 90% of the US, then your chances to be dry are 10%. However, why don't you give us your ticker symbol, so we can double check your $30k gain claim? Anyone can brag anonymously on the internet.

In any case, there is no reason to panic with one down day. Stay the course, folks.

 

It was. Predicting the stock market on political ideology is a fool's errand.

 

Yup, I invested heavily when Trump took office based upon political ideology.

I made an absolute killing...

fool that I am.

 

because it's not a single ticker symbol. Go back and read what I wrote.

 

me too, actually. Invested heavily in stocks while keeping my mutual funds and other holdings in place.

It's paid off very very very well.

 

So Far:

Dow Jones - (197.16)
S&P - (25.41)
Nasdaq - (79.24)

Not really the crash you were hoping for, we will see how the closing bell leaves it.

 

I'm in index funds for the long haul. When Trump won, I went way(even crazy) aggressive, and it has paid off bigly.

I don't do the individual stock/day trading thing. If I was that crazy(dumb), I'd just go to Vegas where at least I'd get free drinks while I pissed my money away.

I did skim some Trump-given cream off the top and hedge and invest in someother directions, all of which have worked out well, and put me in a good position even if the Bad Orange Man does drive the MAGA train off a cliff as the Trump haters are hoping and praying he will, because they, in their misery, would love some company.

 

Trump is an asshat and doesn't seem to have much of a clue wtf he's doing. Going over the cliff is only a matter of time.

 

Darn, I wish you were around to give me wise investing advice when Trump was first elected. Just think of all the money you could've saved me from making.

'Tis a pity.

Yep, that's why I've skimmed and hedged.

What advice would you have for me now? Buy high, sell low?

 

I do long haul and stock trading. I group of friends and I share stock tips but also take it a whole new level. We do "technicals" on companies and where they are headed, their business model and technology advancements, business partners and deals they are working on. It takes some digging and some work, but it often times pays off. Pays off really well.

A company developed a technology that they sold to the US Navy. Fourth-generation range of sonars called Echoscope. I jumped all over it when it was $5.87, just as they announced their new contracts. Today, it sits at over $17. Another stock I bought 5 years ago at about $40 and it now sits at $800+. With a little effort, it can rain money.

Sometimes I wish I had got involved in that business instead of aircraft. Surely would have paid better.

 

What makes you think I'm giving advice? I'm only making an observation. And you know I'm right.

 

What observation would you have made the day Trump got elected? Would you have observed that he was “clueless” and sure to tank the market?

What investment advice would you have given?

 

The DOW is only down -61 points as I write this.

Where's the "dark day" that you speak of?

 

Is it a winner? It's only Monday.

 

Essentially, another Black Tuesday we have on our hands....

 

I am buying my first custom component to be directly purchased from China today.

My purchase is relatively short run, so in the past 2 years even getting a quote for a $3000 order just brought almost zero interest. The one quote I received tool 8 weeks to reply, and the product will take 7 weeks to produced for $3,000 dollars.

My quote from china got me 3 solid quotes from reputable vendors in a couple of days, and the price I chose (not the lowest) is $720, including 3 day delivery to my shop. If Trump adds a 20% fee, my price will become $870, compared to $3000 (which is almost guaranteed to be purchased overseas, hence the 7 weeks time for a 1 week part).

And the part is done in 7-10 days! There is no real competition even with Trump's stupid games.

What really wiped out any vestige of reluctance is the Trump family buys virtually EVERYONE from overseas from slave labor, and gets a good part of their labor from illegal workers, or temporary foreign labor that Trump HAS to hire overseas because Trump Inc claims that can't hire Americans because there aren't waitresses, busboys, cooks, and housekeepers at ANY price from Americans! Bull!

But I am joining the Trump Team! I have learned my lesson from Trump University and the Republicans! My flag pin is right on my lapel! (Not joking! I am ready to MAGA, well, at least my own bankbook anyway!)

The stocks will be fine, although workers are going to have to suffer, unfortunately, but that is who they chose! MAGA!

 

Stock market goes up and down every. What’s new?

 

Did you short the markets today?

 

Maybe tell us about all the stocks that you bought that were losers? Oh, we don't usually hear about those from the stock pickers on the internet.

Still, you can't give me ticker symbols of how you are making $30k today. Not surprising, because I highly doubt the large majority of people are "making" money today, so your claim has to be questioned, unless you can back it up.

 

So, you changed your asset allocation when Trump won? 1) That's market timing, not passive investing. 2) You missed out handsomely on the stock rally when Obama was in office.

 

25% tariffs on China is new. The Asian markets are on holiday, so we'll see how the tariffs affect them once they're back.

 

Not that many, if any. It's been good to me.

 

Only 25%? That's not nearly enough to counter what tariffs China slaps on US products.

Are you a China bot?

 

Trump is President so the TDS is strong. Everything is a crisis now and it's the end of the world, despite the soaring economy, lowest unemployment since 1969 and huge gains in the stock market.