Stock Market bubble - will burst - it did multiple times now ***Official thread***

[WhiteWonder]

32 minutes ago, GutterBoy said:

as the resident board finance minor, I would expect you to have the common sense to realize the post you are quoting was followed by a significant market downturn at the time. 

I'm also guessing you chose today to quote it because the market has been doing well... which is not all that uncommon as presidential terms move closer to an election year. 

[WhiteWonder]

On 6/2/2023 at 12:23 PM, supermike80 said:

Fair..I just looked at this year.   However, pretty easy to go up post pandemic I would think.    

 

whats more shocking is that despite strong tailwinds in 2021 from covid recovery, the market under Joe managed to take it on the chin from the 2nd half of 2021 through roughly the end of 2022. 

[Gepetto]

1 hour ago, GutterBoy said:

Dumbass, my prediction happened. This thread was started 1.5 years ago.

[thegeneral]

Not bad

Maybe a good time to trim a bit of those big boys if you like to try and time things.

[seafoam1]

Pedocrat logic. A solid stock drops $150 a share under creepy joe for a couple years, then it goes up $50 a share, and that means pedojoe is killing it in the economy. 

Focking liberals are so stupid. 

Same with food and gas prices. 

[Hardcore troubadour]

I did not win this thread. 

[JustinCharge]

My view of the market.

1.  The yield curve is still very inverted which almost always signals a recession but it is not foolproof.
2.  money was racing out of the market for a long time but once inflation started coming down a little and supply chain issues became much less of a thing, money has RACED back into stocks actually pushing stocks back into overbought territory.
3.  its arguably the worst moment to buy stocks with the market overbought, but it can stay overbought for years as well.

My experience says US markets are incredibly robust and unless everything is pointing to a recession, do not expect one.  Crashes can happen at any time, even in the middle of a boom. But thats hard to call.  currently i cannot call for a recession, but something like India suddenly not selling the US refined oil might change my mind.

Also i am excluding nuclear war thoughts and someone usually busts in with a nuclear war joke after i write something like this because they didnt read to the end.  

[supermike80]

10 hours ago, JustinCharge said:

My view of the market.

1.  The yield curve is still very inverted which almost always signals a recession but it is not foolproof.
2.  money was racing out of the market for a long time but once inflation started coming down a little and supply chain issues became much less of a thing, money has RACED back into stocks actually pushing stocks back into overbought territory.
3.  its arguably the worst moment to buy stocks with the market overbought, but it can stay overbought for years as well.

My experience says US markets are incredibly robust and unless everything is pointing to a recession, do not expect one.  Crashes can happen at any time, even in the middle of a boom. But thats hard to call.  currently i cannot call for a recession, but something like India suddenly not selling the US refined oil might change my mind.

Also i am excluding nuclear war thoughts and someone usually busts in with a nuclear war joke after i write something like this because they didnt read to the end.  

Why on earth you would even think, for a hot second, that anyone with a brain would think you know anything about anything would be a shocker to me.  You come here and post the craziest predictions and are in the first car of the loony train, then think someone is going to give any credence to something you post about the market?   

Yeah, pass.  

 

[thegeneral]

11 hours ago, seafoam1 said:

Pedocrat logic. A solid stock drops $150 a share under creepy joe for a couple years, then it goes up $50 a share, and that means pedojoe is killing it in the economy. 

Focking liberals are so stupid. 

Same with food and gas prices. 

Your investments in the market in whole should be up say 300%ish since 2008. Socialist Obummer and Sleepy Joe have been in the WH about 3/4 of that time 

[Hawkeye21]

58 minutes ago, thegeneral said:

Your investments in the market in whole should be up say 300%ish since 2008. Socialist Obummer and Sleepy Joe have been in the WH about 3/4 of that time 

Shhhh...  Nobody tell him.

[thegeneral]

1 hour ago, Hawkeye21 said:

Shhhh...  Nobody tell him.

He wouldn’t get it anyway. Poor Peefoam struggles.

[seafoam1]

1 hour ago, Hawkeye21 said:

Shhhh...  Nobody tell him.

That's stupid. It's way down since biden. And things cost a shltload more since biden. I guess no one told you that.

[Hawkeye21]

10 minutes ago, seafoam1 said:

That's stupid. It's way down since biden. And things cost a shltload more since biden. I guess no one told you that.

Today the market is up 3600 since the day he took office.  From what I can see it has never gone lower than when Trump was President.  I remember Trump bragging about all time highs a lot while he was President.  Why don't we hear that now?

[thegeneral]

16 minutes ago, seafoam1 said:

That's stupid. It's way down since biden.

Lol you are so dumb.

[jonmx]

25 minutes ago, Hawkeye21 said:

Today the market is up 3600 since the day he took office.  From what I can see it has never gone lower than when Trump was President.  I remember Trump bragging about all time highs a lot while he was President.  Why don't we hear that now?

Stock markets are not the best way to judge the economy, it is a lot of manipulated and speculative forecasts.  When Trump took office the Dow was around 20K and it finished around 31K.  We did see it dip below 29K in October 2022 and now at about 35k.  Stock market rise has not been bad under Biden, maybe a bit below average...but not a real accurate measure of any presidency. 

[Hawkeye21]

1 minute ago, jonmx said:

Stock markets are not the best way to judge the economy, it is a lot of manipulated and speculative forecasts.  When Trump took office the Dow was around 20K and it finished around 31K.  We did see it dip below 29K in October 2022 and now at about 35k.  Stock market rise has not been bad under Biden, maybe a bit below average...but not a real accurate measure of any presidency. 

All I'm saying is that it hasn't been bad and the market is not down at all.  I don't know what seafoam is talking about.  Do you?

[Hardcore troubadour]

Disney is down.  Big time.  

[thegeneral]

4 minutes ago, jonmx said:

Stock markets are not the best way to judge the economy, it is a lot of manipulated and speculative forecasts.  When Trump took office the Dow was around 20K and it finished around 31K.  We did see it dip below 29K in October 2022 and now at about 35k.  Stock market rise has not been bad under Biden, maybe a bit below average...but not a real accurate measure of any presidency. 

You should probably direct this to Peefoam

[seafoam1]

Liberals think that 5 steps back and 1 step forward is an overall win. 

[thegeneral]

4 minutes ago, seafoam1 said:

Liberals think that 5 steps back and 1 step forward is an overall win. 

Please explain how this has occurred as it relates to the stock market.

[JustinCharge]

4 hours ago, supermike80 said:

Why on earth you would even think, for a hot second, that anyone with a brain would think you know anything about anything would be a shocker to me.  You come here and post the craziest predictions and are in the first car of the loony train, then think someone is going to give any credence to something you post about the market?   

Yeah, pass.  

 

you are a focking loon.

do you know what the difference is between someone who starts his own business and an employee is?  The business owner is a dreamer, someone who loves to make projections and predictions.  Those are focking REQUIREMENTS to make a thriving business.   It is the beating heart of America.  Trump has to make predictions and projections all the time for all the projects he starts.  Sure some of them went bankrupt.  but you dont stop and say "waaah they maade fun of me". 

 

And then there are those who are so small-minded they mock anyone who makes predictions and the ceiling for those people in life is an employee.

The REAL question is why anyone would ever take advice from someone like YOU who doesnt know how the business world or capitalism and free markets fundamentally work as you FREELY express by your ignorant post.

[thegeneral]

2 hours ago, seafoam1 said:

That's stupid. It's way down since biden.

The markets went down 30% when Trump was Prez!!1!!1!

[seafoam1]

2 minutes ago, thegeneral said:

The markets went down 30% when Trump was Prez!!1!!1!

You're boring, and not smart. Go play with mdcack, he's more on your level. 

[thegeneral]

27 minutes ago, seafoam1 said:

You're boring, and not smart. Go play with mdcack, he's more on your level. 

Sorry you were having trouble figuring stuff out. It’s ok to accept you have no clue.

[easilyscan]

For those debating which of the last 2 Presidents was/is best for the markets.

Biden has another 16 months to close the gap, but so far, it's not even close. We all made a lot more money when Trump was in the White House. 

NASDAQ composite under Trump 
11-9-2016: 5,251
11-9-2020: 11,895
+ 127%

Dow Jones Industrial Average under Trump
11-9-2016: 18,590
11-6-2020: 28,323
+ 53%

S&P 500 under Trump
11-10-2016: 2,167
11-6-2020: 3,509
+ 62%

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

NASDAQ composite under Biden
11-9-2020: 11,895
07-21-2023: 14,081
+ 18%

Dow Jones Industrial Average under Biden
11-6-2020: 28,323
07-21-2023: 35,314
+ 25%

S&P 500 under Biden
11-6-2020: 3,509
07-21-2023: 4,550
+ 30%

Links

https://www.macrotrends.net/2489/nasdaq-composite-index-10-year-daily-chart

https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

https://www.macrotrends.net/2488/sp500-10-year-daily-chart

 

[lod001]

2 hours ago, thegeneral said:

The markets went down 30% when Trump was Prez!!1!!1!

C'mon tard. The drop had ZERO to do with Trump policies and had 100% to do with criminal fauci and those wanting to wreck the economy so Trump would lose. It was the only way Trump loses that election. Otherwise it would have been a complete wipeout of joetard biden.

You want a loser POTUS who did suck as far as the markets? 8 years of losing $ with bush. 

[thegeneral]

2 hours ago, easilyscan said:

For those debating which of the last 2 Presidents was/is best for the markets.

Biden has another 16 months to close the gap, but so far, it's not even close. We all made a lot more money when Trump was in the White House. 

NASDAQ composite under Trump 
11-9-2016: 5,251
11-9-2020: 11,895
+ 127%

Dow Jones Industrial Average under Trump
11-9-2016: 18,590
11-6-2020: 28,323
+ 53%

S&P 500 under Trump
11-10-2016: 2,167
11-6-2020: 3,509
+ 62%

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

NASDAQ composite under Biden
11-9-2020: 11,895
07-21-2023: 14,081
+ 18%

Dow Jones Industrial Average under Biden
11-6-2020: 28,323
07-21-2023: 35,314
+ 25%

S&P 500 under Biden
11-6-2020: 3,509
07-21-2023: 4,550
+ 30%

Links

https://www.macrotrends.net/2489/nasdaq-composite-index-10-year-daily-chart

https://www.macrotrends.net/1358/dow-jones-industrial-average-last-10-years

https://www.macrotrends.net/2488/sp500-10-year-daily-chart

 

The debate, well not really a debate since it’s a matter of fact, was that the markets have gone down during Biden’s presidency thus far. 

The markets under Socialists Obama and Clinton did better than both these dudes.

Lets hope for more of that. 

[Hawkeye21]

5 hours ago, seafoam1 said:

Liberals think that 5 steps back and 1 step forward is an overall win. 

You have yet to say anything here to make anyone think you know what you're talking about.

[seafoam1]

10 minutes ago, Hawkeye21 said:

You have yet to say anything here to make anyone think you know what you're talking about.

I didn't realize you all didn't know what's been going on over the past few years. The fact you libs can't remember the 2020 liberal riots should have told me not to give you all any credit when it comes to paying attention to the economy.

[Hawkeye21]

Just now, seafoam1 said:

I didn't realize you all didn't know what's been going on over the past few years. The fact you libs can't remember the 2020 liberal riots should have told me not to give you all any credit when it comes to paying attention to the economy.

We're talking about the market, what are you talking about?

[seafoam1]

1 minute ago, Hawkeye21 said:

We're talking about the market, what are you talking about?

I brought up market and economy. 

 

[Hawkeye21]

Just now, seafoam1 said:

I brought up market and economy. 

 

So why bring up riots from 2020?  The market is doing well right now.  The economy is not as bad as some make it seem.  It's not the best it's ever been but it's also not that bad.  The price of products is high but people still have jobs and are spending money.  If manufacturers could ever catch up to demand we could be selling a lot more product and it's the same for other businesses.

[thegeneral]

26 minutes ago, Hawkeye21 said:

We're talking about the market, what are you talking about?

 

6 hours ago, seafoam1 said:

That's stupid. It's way down since biden.

He has no clue and has been brainwashed.

[supermike80]

5 hours ago, JustinCharge said:

you are a focking loon.

do you know what the difference is between someone who starts his own business and an employee is?  The business owner is a dreamer, someone who loves to make projections and predictions.  Those are focking REQUIREMENTS to make a thriving business.   It is the beating heart of America.  Trump has to make predictions and projections all the time for all the projects he starts.  Sure some of them went bankrupt.  but you dont stop and say "waaah they maade fun of me". 

 

And then there are those who are so small-minded they mock anyone who makes predictions and the ceiling for those people in life is an employee.

The REAL question is why anyone would ever take advice from someone like YOU who doesnt know how the business world or capitalism and free markets fundamentally work as you FREELY express by your ignorant post.

I don't give advice dumbass. That's the difference between you and I. I'm not arrogant enough to believe anyone would listen to me.  You believe, like the idiot you are, that anyone listens to your advice about anything..they don't.  Cause you're a total loon.

[lickin_starfish]

https://preview.redd.it/gi25aie8pjdb1.jpg?width=640&crop=smart&auto=webp&s=b207c6510ff4a1c6cac1eaa7fa8b643c462eac31

[thegeneral]

MSFT and GOOG earnings tonight kicking off the season for the big tech companies.

Fingers crossed.

[thegeneral]

GOOG great! we’ll see how much is given back tomo:

MSFT mixed bag…but not terrible. 

APPL, AMZN up next week. 

[GutterBoy]

On 2/21/2023 at 2:44 PM, JustinCharge said:

i went bearish as of 406 SPY on friday.  im short as hell long term but now also short term.

Nice call.

[thegeneral]

4 minutes ago, GutterBoy said:

 

On 2/21/2023 at 11:44 AM, JustinCharge said:

i went bearish as of 406 SPY on friday.  im short as hell long term but now also short term.

Nice call.

 

Ouch

[thegeneral]

More good news

The Dow Jones Industrial Average rose Wednesday, notching its best winning streak since 1987 as traders digested a Federal Reserve rate hike and major corporate earnings.