I'm predicting the DJIA rising 10% by Summer. Mark it down.

[luiza]

Two straight days of market rises.

Irrelevant .
Without this background possibility ( Fed creating multi trillions of illegal money over decades ) a rise was near certain as a natural correction to the previous period .

You are now possibly in for the biggest shock in your financial life , imho .

 

[luiza]

It should be down 30%.

No fundamentals.

It is all bullshit propped up from the trillions in US gubmint debt.

If the US actually paid off its debt, we would be dealing in reality.

DOTCOM bubble. HOUSING BUBBLE,

THIS WILL BUBBL.E

Agree entirely .
But if the Fed ( a private club) have been funding the "Breakaway Civilisation" and themselves for the last 75 years , say , the fall out will be beyond words to describe .
In the extreme scenario the US$ will be worth five cents ( estimate).

Think that through , and pray that the basis for this narrative is garbage .

Though I fear it isn't

 

[Flopper]

Good, you're a psychic, you're just the person I need then. Should I stop with my penis pumper when I reach 10 inches or should I go for the full 12 inch penis extension?


Sure. I agree with you. Trump is making a major change in how the markets operate! That is seismic. Much like when a big chunk of ice breaks loose from a glacier--- when it impacts the water of the bay, the first thing it does is cause major waves. That is what we are experiencing now. But the important thing is what the long term effect will be, to make the water level rise and allow bigger ships to sail the port...

Once things settle down and the market sees Trump's policies working, this will only encourage new investment in America even stronger than before.

First, I think it is unlikely that things will settled down because Trump likes what he is doing and he is going keep doing it until he is stopped. If democrats do well in the mid term election, they can stop him but that is a big IF.

The idea that massive firing in the federal government without regard to function or need is going to backfire badly as will the protectionist tariffs imposed by Trump.

 

[Flopper]

There's no market correction necessary. What else is going on?

If you are long term investor with a time horizon of 10 to 20 years, this is a good time to start buying unless you are fully invested. When I start buying, I always dollar cost average because I have no crystal ball.

Reductions in the government workforce are being done without any legislation that eliminate the programs, projects, functions, or activity. So when control of government changes, as it always does, hiring will begin.

I want to see some reduction in the size of the federal government but not the way Trump is doing it. To have any lasting impact, congress has to change the legislation that is the foundation for the activity itself. You don't fire the people in the shipping and receiving department until the function is eliminated.

 

[Flopper]

Agree entirely .
But if the Fed ( a private club) have been funding the "Breakaway Civilisation" and themselves for the last 75 years , say , the fall out will be beyond words to describe .
In the extreme scenario the US$ will be worth five cents ( estimate).

Think that through , and pray that the basis for this narrative is garbage .

Though I fear it isn't

The last 75 years have been a period of significant economic growth that has lead to the highest standard of living of any of the major economic power. Whenever, war, plague, or economic disaster threatens the nations of earth it is the United States that they turn for protection of their wealth and their lives.

 

[Flopper]

If you are a long term investor with a time horizon of 10 to 20 years, this is a good time to start buying unless you are fully invested. When I start buying, I always dollar cost average because I have no crystal ball.

Reductions in the government workforce are being done without any legislation that eliminate the programs, projects, functions, or activity. So when control of government changes, as it always does, hiring will begin.

I want to see some reduction in the size of the federal government but not the way Trump is doing it. To have any lasting impact, congress has to change the legislation that is the foundation for the activity itself. You don't fire the people in the shipping and receiving department until the function is eliminated.

 

[luiza]

The last 75 years have been a period of significant economic growth that has lead to the highest standard of living of any of the major economic power. Whenever, war, plague, or economic disaster threatens the nations of earth it is the United States that they turn for protection of their wealth and their lives.

It's easy to do lots of things when you run on imaginary money and use your once might to bribe and manipulate less well -off nations ,
Now you are running out of credit and good fortune and if matters rumoured to be in the pipe line materialise , you are in for a terrible shock .
imho .

 

[Flopper]

It's easy to do lots of things when you run on imaginary money and use your once might to bribe and manipulate less well -off nations ,
Now you are running out of credit and good fortune and if matters rumoured to be in the pipe line materialise , you are in for a terrible shock .
imho .

While the US has a high national debt and faces ongoing debates about the debt ceiling, it is not running out of credit, and the government is able to continue borrowing and meeting its financial obligations.

The US treasury bill is recognized around the world as a corporate safe haven. The dollar has been the world's principal reserve currency since the end of World War II and it is the most widely used currency for international trade.

As long as world opinion of the United States remains high; that is , we are seen as militarily strong with a stable central government, a growing economy, and active member of the community of nations, we can continue increasing debt indefinity.

When it comes to the national debt, it is not about dollars. It is about faith. That faith is being shaken by Trump but we have survived worse.

 

[Winco]

I agree, and this is the time to buy more....

WHo can afford to buy more......well, only the rich.
So great.....let's CONTINUE to make the Rich richer.

Two straight days of market rises.

Check out my thread to follow the market.

Thread 'Stock Markets on Election Day, Nov 5, 2024'

Nov 5, 2024

Here are some screenshots of the Market(s) on Nov 5th, 2024,
two hours before the Closing of the Market(s) for the day.

This will just serve as a reference to all the posts in the future about what
the market did on Election Day, Nov 5th, 2024.

Let the speculation begin.

• Winco
• Replies: 262
• Forum: Election 2024

• 
• 

 

[John Edgar Slow Horses]

We have done well by the markets over the decades.

That 10% is not included to get back where we were some months ago, because we have already been there.

However, I would be quite happy to get the lost gain back by August.

I am very aware that we could lose another 10% by then.

 

[CrazyTrader55]

As you may recall, Mashie called the 2024 election, predicting that Trump would win easily. I also called the Super Bowl, missing the score only by a handful of points.
And now, I'm predicting a 46000 DOW by summer. Trump's great plan starts to gain traction and kick in. He predicted things would be a little hard at first. The left, of course jumps on every down day in the stock market, while saying nothing when it rises. We have all these articles citing Trump's failures, blah blah, his disgruntled supporters, blah blah Those stories will disappear from the internet come summer. Not a trace of them to be found. The leftwing media will be on to some other talking point to try to undermine Trump's great success. Of course if things get too successful, the leftwing meme will be 'greed'. Remember the 'Decade of Greed'? That was Reagan's unprecedented economic success.

Let's see how it plays out.

Who wants to take this prediction on (and have to apologize in a few months?) Anyone?

Unlikely.

 

[John Edgar Slow Horses]

Unlikely.

Very unlikely.

 

[Mashmont]

Very unlikely.

I'll be here awaiting your apology come summer. "Mash, you were right. I was wrong. I apologize.

 

[citygator]

I love a good comedic thread. This one is up there.

 

[John Edgar Slow Horses]

I'll be here awaiting your apology come summer. "Mash, you were right. I was wrong. I apologize.

Gas lighting.

 

[CrazyTrader55]

I'll be here awaiting your apology come summer. "Mash, you were right. I was wrong. I apologize.

I'll be here awaiting your apology come summer. "Mash, you were right. I was wrong. I apologize.

We'll see. I'm almost entirely out of stocks. I have bought some DRV which is going to be a winner over the coming weeks/months. I'm sitting here watching this market and it's painless.

 

[Flopper]

Unlikely.

It's down about 1400 so far today, about 4,000 since Trump took office. I never bet on swings in the market because it's impossible to reliably forecast where the market is going over the short term. I just keep buying.

 

[CrazyTrader55]

It's down about 1400 so far today, about 4,000 since Trump took office. I never bet on swings in the market because it's impossible to reliably forecast where the market is going over the short term. I just keep buying.

You might want to re-think that one until the tariff situation is completely resolved. The only thing I would be buying now are utility stocks. They are tariff proof.

 

[EvilEyeFleegle]

As you may recall, Mashie called the 2024 election, predicting that Trump would win easily. I also called the Super Bowl, missing the score only by a handful of points.
And now, I'm predicting a 46000 DOW by summer. Trump's great plan starts to gain traction and kick in. He predicted things would be a little hard at first. The left, of course jumps on every down day in the stock market, while saying nothing when it rises. We have all these articles citing Trump's failures, blah blah, his disgruntled supporters, blah blah Those stories will disappear from the internet come summer. Not a trace of them to be found. The leftwing media will be on to some other talking point to try to undermine Trump's great success. Of course if things get too successful, the leftwing meme will be 'greed'. Remember the 'Decade of Greed'? That was Reagan's unprecedented economic success.

Let's see how it plays out.

Who wants to take this prediction on (and have to apologize in a few months?) Anyone?

Well..you do have long way to go--in 60 days.

In fact, we are verging on a 10% LOSS..in the last two days---as the slide continues:

https://www.marketwatch.com/market-data/us

 

[CrazyTrader55]

As you may recall, Mashie called the 2024 election, predicting that Trump would win easily. I also called the Super Bowl, missing the score only by a handful of points.
And now, I'm predicting a 46000 DOW by summer. Trump's great plan starts to gain traction and kick in. He predicted things would be a little hard at first. The left, of course jumps on every down day in the stock market, while saying nothing when it rises. We have all these articles citing Trump's failures, blah blah, his disgruntled supporters, blah blah Those stories will disappear from the internet come summer. Not a trace of them to be found. The leftwing media will be on to some other talking point to try to undermine Trump's great success. Of course if things get too successful, the leftwing meme will be 'greed'. Remember the 'Decade of Greed'? That was Reagan's unprecedented economic success.

Let's see how it plays out.

Who wants to take this prediction on (and have to apologize in a few months?) Anyone?

At this stage, you have a better chance of getting Joe Satriani to play a concert in your backyard.