Moneymoney

Wed Jan 16, 2019, 05:05 PM

DOW 24207

Previous close 24065. 52 wk high 26951. 52 wk low 21712. Low of the day 24119. High 24288.

NASDAQ : 7034 ▲

S&P : 2616 ▲

Soybeans :8.95 ▲

11 replies, 397 views

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Response to uncledad (Original post)

Wed Jan 16, 2019, 05:18 PM

1. So if the drop was due to the Dems taking the House, then is this rise also because of them?

Thats what all the memes say anyway!

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Response to spike61 (Reply #1)

Wed Jan 16, 2019, 05:53 PM

2. I doubt it.

Talking points are just that.

Corporate earnings are coming in, markets react positive to the good news.

Two large factors are siting in the wings, trade talks with China and FED rate hikes.

Last year was a soft landing correction. That's actually good news.

It's only the middle of January, time will tell where the market wants to go.





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Response to uncledad (Reply #2)

Wed Jan 16, 2019, 06:28 PM

3. You might know where the market is going...

 

...but no way do you where it is going after that.

(old saying)

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Response to freedumb2003 (Reply #3)

Wed Jan 16, 2019, 07:23 PM

9. Like the affectionate curse : may you live in interesting times

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Response to uncledad (Original post)

Wed Jan 16, 2019, 06:54 PM

4. Indeed

Up 4.8% so far this year.

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Response to def_con5 (Reply #4)

Wed Jan 16, 2019, 07:26 PM

10. Nothing wrong with that...

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Response to uncledad (Original post)

Wed Jan 16, 2019, 06:57 PM

5. No sign of our resident financial genius telling us about the "Trump Dow"... go figure...

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Response to BigKahunna2.0 (Reply #5)

Wed Jan 16, 2019, 07:04 PM

6. Well, still several hundred points below a year ago, so we've got a ways to go

And with the coming slowdown, its not gonna be '17 all over again. Just better hope it happens THIS year instead of '20, or Trump will lose worse than Dukakis. If he even runs again

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Response to spike61 (Reply #6)

Wed Jan 16, 2019, 07:10 PM

7. The market goes up and the market goes down,.. the smart money pays attention...

The fools blather on trying to score cheap political points

You have to learn to take the good news with the bad and make money with both

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Response to BigKahunna2.0 (Reply #7)

Wed Jan 16, 2019, 07:11 PM

8. Stay invested.

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Response to BigKahunna2.0 (Reply #5)

Wed Jan 16, 2019, 07:27 PM

11. They must be busy with other things

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Moneymoney