Stock Market At All Time High

[Synthaholic]

99% of Americans will be financially worse-off than they were pre-pandemic by mid-2024, JPMorgan says​

MSN

Because banksters have no interest in seeing Republicans in office instead of Democrats?

 

[Synthaholic]

Look it up retard
Disprove it if you can
NYSE and DOW keep charts of their pricing a going back many years

He did look it up, and proved you wrong.

Now answer this, coward: Election Interference: Here are the Four Colorado Justices Who Voted to Exclude Donald Trump from the 2024 Ballot

 

[Synthaholic]

I'm not impressed. If he can make it snow more - that might do it.

You have to go to Don, Jr if you want 'snow'.

 

[Synthaholic]

Inflation has NOT at all stopped or even slowed much.

Inflation is at 3.1%, dumbass.

 

[Synthaholic]

Did you see the bump when the Feds announced no more interest hikes, and that there would be at least 3 reductions in interest rates in 2024?

That was just an announcement of intent!

Just wait until they start reducing the rate. The stock market is going to soar!

Thank you President Biden!

 

[Independentthinker]

Because banksters have no interest in seeing Republicans in office instead of Democrats?

This is from ABC news, not Fox News:

Record numbers of people are worse off, a recipe for political discontent: POLL

There is record dissatisfaction with Biden and Trump ahead of the 2024 election, according to a new poll.

abcnews.go.com

 

[Harpy Eagle]

This is from ABC news, not Fox News:

Record numbers of people are worse off, a recipe for political discontent: POLL

There is record dissatisfaction with Biden and Trump ahead of the 2024 election, according to a new poll.

abcnews.go.com

a lot has changed since February 4, 2023

 

[odanny]

I'm reaching uncharted territory now.

 

[JohnDB]

I'm reaching uncharted territory now.

View attachment 879429

Yeah....the entire market feels like a pump and dump....currently we are in the pump....next comes the dump.

 

[odanny]

Yeah....the entire market feels like a pump and dump....currently we are in the pump....next comes the dump.

Better sell, hope it works for you.

 

[citygator]

Bidenomics delivers. Record market close today.

Stock Market Today: Dow Hits New Closing High: S&P 500 Chasing Record High; Tesla, Apple, Intel, and Other Movers; Bitcoin Price Rises; Treasury Yields Slip

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.

www.barrons.com

 

[Harpy Eagle]

Yeah....the entire market feels like a pump and dump....currently we are in the pump....next comes the dump.

I take it you are new to the market and investing.

 

[JohnDB]

 

[JohnDB]

I take it you are new to the market and investing.

Nope...I'm actually good at spotting the diving stocks.

Commodities look really good right now. Gold, silver, and wheat.

 

[Harpy Eagle]

Nope...I'm actually good at spotting the diving stocks.

Commodities look really good right now. Gold, silver, and wheat.

Yet you described the market in the post above as if it were some revelation when it is just basically what the market is day in and day out

Not sure why wheat is looking good to you, there is a lot of winter wheat being planted behind the soybean/corn harvest. I think there will be an abundance of it harvested in the US next year.

 

[JohnDB]

Yet you described the market in the post above as if it were some revelation when it is just basically what the market is day in and day out

Not sure why wheat is looking good to you, there is a lot of winter wheat being planted behind the soybean/corn harvest. I think there will be an abundance of it harvested in the US next year.

 

[JohnDB]

 

[JohnDB]

 

[Harpy Eagle]

You do love yourself some twitter that is for sure. Keeps you from having to think for yourself it seems.

 

[JohnDB]

You do love yourself some twitter that is for sure. Keeps you from having to think for yourself it seems.

No...not really.
Charts are charts. From Bollinger bands to M2 money supply if you trade stocks or commodities you rely upon charts. Twitter is simply easier place to find charts for economic indicators without having to copy and paste from 8 different websites than I regularly use. These guys who post charts are regularly in my feed so it's not like I really have to dig to find them.

Now I am not posting up the really complicated charts for day trading.....because they aren't relevant...you can go to fineviz or or something like that....occasionally Bartchart has something that I'll use for here (like forex) but not a lot....most active traders don't need the overall picture, just the last year's data.

A falling dollar means that commodities will rise because the goods remain at the same value (or increasing due to less supply or increased demand) So it requires more dollars to purchase them....which I then sell.
Day trading is a way to lose money but trading positions every 6-8 months is relatively calm and easier to make some gains without a lot of stress or headaches. Stop loss orders and auto buy in orders makes things easy....and where everyone bitches about these things and a few pennies here and there ....meh...you still made money (or lost). Short selling has become really easy these days but the fees are high with the interest rates up. You can hang on to a naked short for a long long time. And it's almost time to begin selling.