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Trump’s Stock Market Returns Fall Behind Obama’s As The Dow Enters Bear Territory

Discussion in 'Current Events' started by Andrew Jackson, Mar 12, 2020.

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  1. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Isn't it "great" to have a "leader" that inspires so much confidence?

    #MAGA...So Much WINNING!

    [​IMG]
     
    Andrew Jackson, Mar 12, 2020
    #26
    LMC and fiddlerdave like this.
  2. Junkieturtle

    Junkieturtle Well-Known Member Donor

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    Trump is not really responsible for the stock market decline, just like he wasn't really responsible for it's rise.
     
    Junkieturtle, Mar 12, 2020
    #27
  3. SEAL Team V

    SEAL Team V Banned

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    Trump Gurl is right.
    I guess you’re unaware that the majority of people have moved their retirement weeks ago to protected investments. That’s why sell offs happen. After the hysteria is over the buying will begin again only to buy more stock at a lower price causing an astounding increase in the market.

    I’ll give you a good stock tip. Check out Dow and DuPont. This hysteria will actually lead to Americans being more hygiene conscious and chemical companies will become very profitable.
     
    SEAL Team V, Mar 12, 2020
    #28
  4. SEAL Team V

    SEAL Team V Banned

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    When Walmart drops 10% in one day do you really think that’s the economy or just speculated hysteria. Walmart? Are you kidding me? A company with over $514 billion in revenue per year?
     
    SEAL Team V, Mar 12, 2020
    #29
    JET3534 and Josephwalker like this.
  5. cd8ed

    cd8ed Well-Known Member Past Donor

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    trump will be the third Republican in a row to enter with a stable economy and leave with a recession. Democrats always seem to be cleaning up their mess.

    Thankfully the youth are getting wise to this:
    upload_2020-3-12_17-2-59.png
     
    cd8ed, Mar 12, 2020
    #30
    fiddlerdave, FlamingLib and MrTLegal like this.
  6. Andrew Jackson

    Andrew Jackson Well-Known Member

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    In this time of financial meltdown:

    The USA Clearly has The Wrong Captain (at the helm of a sinking ship).

    November can't come soon enough to get RID of this IMBECILE.
     
    Andrew Jackson, Mar 12, 2020
    #31
    LMC, fiddlerdave and cd8ed like this.
  7. Curious Always

    Curious Always Well-Known Member Past Donor

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    LOL

    We met with our financial adviser today and took some funds out of moderate to put towards moderate aggressive for a bit. We also picked up more shares of CCL for $18. Last time we purchased it, it was almost $50. There are people who believe the cruise industry is over. We'll make some money from their fears.

    It's a bad time to panic and a great time to buy.
     
    Curious Always, Mar 12, 2020
    #32
    Cubed and Josephwalker like this.
  8. MrTLegal

    MrTLegal Well-Known Member

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    Well the stock market is all about betting where a company is going to go, not where it was last year.

    But if you think the investors who just lost their shirt today after losing their pants yesterday know less than you, by all means, go buy some walmart stock.
     
    MrTLegal, Mar 12, 2020
    #33
    fiddlerdave and cd8ed like this.
  9. After-Hour Prowler

    After-Hour Prowler Banned

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    This has been the perfect storm financially.

    You know things are not going well when after a 8,000 point crash in less than a month puts him in Obama territory.

    I am confident that between now & Election Day, the market will recover and you won’t be comparing the Trump market to the Obama market.
     
    After-Hour Prowler, Mar 12, 2020
    #34
  10. SEAL Team V

    SEAL Team V Banned

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    Those are not investors. Those are day traders. Just like in real estate. The homeowner that places a home for sale sign in his front yard before construction even begins compared to the home owning family that will live in their home for 7-10 years before selling.
    Do you remember this story?

    Dart-throwing chimp still making monkey of Internet funds ...
    1. https://www.marketwatch.com/story/dart-throwing-chimp-still-making...
      That's right, a chimp is still making a monkey in the Internet world.The 10 stocks in this MonkeyDex were selected by Raven, a dart-throwing, 5-year-old chimpanzee.Raven is a well-known star of ...
      https://www.bing.com/fd/ls/GLinkPin...kMTU3NDQtOTc5My0xMWUyLWI3ZWYtMDAxNDRmZWFiZGMw
     
    SEAL Team V, Mar 12, 2020
    #35
  11. Market Junkie

    Market Junkie Banned

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    Well, here we go again in Coronaland.

    Will be interesting, to say the least, to see what happens when S&P 500 Futures trading begins about one hour from now at 6:00 PM EST...
     
    Market Junkie, Mar 15, 2020
    #36
  12. Texas Republican

    Texas Republican Well-Known Member Past Donor

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    Demagoguery.
     
    Texas Republican, Mar 15, 2020
    #37
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  13. fiddlerdave

    fiddlerdave Well-Known Member Past Donor

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    Probably not.

    Do any of the Trumpies know how many TRILLIONS of debt Trump has incurred to get this stellar performance?

    Between now and election day, Trump's disastrous market will be wishing it could get up to Obama's market, and even if it did rise that much, the new level of debt will require the USA to sell itself to China.

    Of course, Trumpies and Trump will blame it on Obama and the Dems, and demand America re-elect Trump for MORE MAGA!
     
    fiddlerdave, Mar 15, 2020
    #38
  14. Thedimon

    Thedimon Well-Known Member

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    Exactly!
    Who cares about an average Joe with his 401k.
    Is there a secret Dem drinking party that you got to attend?
     
    Thedimon, Mar 15, 2020
    #39
  15. Matt84

    Matt84 Well-Known Member

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    Charmin doesn't trade on any market. Charmin is owned by Proctor and Gamble. It does not have stock in of itself.
     
    Matt84, Mar 15, 2020
    #40
  16. Market Junkie

    Market Junkie Banned

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    WOW … the Fed just released a rare between-meetings statement (at 5:00 p.m. EDT) saying that they are implementing a 100-basis point cut to the federal funds rate.

    Target range now down to a crisis-level 0 - 0.25%.

    They likely wanted to get this out now to try to prevent another bloodbath when Asian markets open and US futures trading begins shortly...

    https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315a.htm

    https://www.marketwatch.com/story/f...ss-coronavirus-panic-2020-03-15?mod=home-page
     
    Market Junkie, Mar 15, 2020
    #41
  17. Market Junkie

    Market Junkie Banned

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    Well, the Fed's emergency moves this afternoon haven't done much to calm markets.

    Dow futures trading temporarily HALTED after plunging around 1,000 points...
     
    Market Junkie, Mar 15, 2020
    #42
    Egoboy likes this.
  18. bx4

    bx4 Well-Known Member

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    Wrong. Looking at the DJIA, Trump’s worst year was already worse than Obama’s worst year. Obama’s best year was better than Trump’s best year.
     
    bx4, Mar 15, 2020
    #43
  19. 61falcon

    61falcon Well-Known Member

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    The FEDS Powell just caved to Trump and dropped the FEDS lending rate to near ZERO. The FUTURES market responded by going from strongly positive to limit DOWN??? Looks like we may have another day of losses coming up on Monday.
     
    61falcon, Mar 15, 2020
    #44
  20. Market Junkie

    Market Junkie Banned

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    The Fed basically blew their wad this afternoon.

    And it hasn't exactly calmed the futures market.

    Went limit down … again

    sweet jesus...
     
    Market Junkie, Mar 15, 2020
    #45
  21. Market Junkie

    Market Junkie Banned

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    If this ****ing virus pushes the U.S. and others nations around the globe into recession (something that seems likely at this point), the S&P 500 could fall at least 35% or 40% from that Feb. 19 record-high close of 3,386.15.

    IF things play out like that, it means the S&P could fall to near that 2,000 level … perhaps even lower...

    https://www.cnbc.com/2020/03/15/the-sp-500-futures-hit-limit-down-at-5-percent.html
     
    Last edited: Mar 15, 2020
    Market Junkie, Mar 15, 2020
    #46
  22. Andrew Jackson

    Andrew Jackson Well-Known Member

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    Andrew Jackson, Mar 15, 2020
    #47
  23. struth

    struth Well-Known Member

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    got numbers
     
    struth, Mar 16, 2020
    #48
  24. bx4

    bx4 Well-Known Member

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    I don't post things unless I can back them up. So yeah, I got numbers.

    The stock market has been on the same upward trend (with a few blips here and there, but generally same trend) since 2010.
    https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

    The best year for the stock market under Obama (+26.50%) is better than the best year under Trump (+25.08%). The worst year for the stock market under Trump (-5.63%) is already WORSE than the worst year under Obama(-2.23%).

    Now, do you have any numbers to back up your claim:

     
    Last edited: Mar 16, 2020
    bx4, Mar 16, 2020
    #49
  25. struth

    struth Well-Known Member

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    Yeah...he’s numbers are higher and have been. Obama dumped trillions in the market with the Fed, trump hasn’t
     
    struth, Mar 16, 2020
    #50
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