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Wed Dec 26, 2018, 07:13 PM

Big up swing in the stock market?

Trump was out of the country! No tantrum, no tweets, no Trump!

10 replies, 1047 views

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Reply Big up swing in the stock market? (Original post)
imanamerican63 Dec 2018 OP
no_hypocrisy Dec 2018 #1
manor321 Dec 2018 #2
imanamerican63 Dec 2018 #3
empedocles Dec 2018 #4
LakeSuperiorView Dec 2018 #5
empedocles Dec 2018 #6
LakeSuperiorView Dec 2018 #7
empedocles Dec 2018 #8
LakeSuperiorView Dec 2018 #9
denbot Dec 2018 #10

Response to imanamerican63 (Original post)

Wed Dec 26, 2018, 07:14 PM

1. My same free association!

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Response to imanamerican63 (Original post)

Wed Dec 26, 2018, 07:21 PM

2. Futures are -75 at the moment

 

So I guess he's back.

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Response to manor321 (Reply #2)

Wed Dec 26, 2018, 07:25 PM

3. Well?

That is it!

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Response to imanamerican63 (Original post)

Wed Dec 26, 2018, 07:38 PM

4. fox news tendency is to talk up greatest 1 day rise in history.

When market goes down they prefer percentage declines which seem less dramatic.


[A 1000 point dj gain at this level, is in percentage terms much less dramatic historically.]

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Response to empedocles (Reply #4)

Wed Dec 26, 2018, 07:45 PM

5. Even with today, the Dow is down about 8% on the year.

 

Not exactly bragworthy, but I expect a twitter self backpat from Orangeanus by the time the sun rises.

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Response to LakeSuperiorView (Reply #5)

Wed Dec 26, 2018, 08:27 PM

6. Dow pretty much went nowhere for the year, before going down lately.

Anything near the 8% loss you quote, should be enough to awaken some when they get their year end statements for 2018.

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Response to empedocles (Reply #6)

Wed Dec 26, 2018, 10:00 PM

7. It hit its peak for the year on Oct 3, about 8% above the start of the year.

 

I missed that, but made transfers near a later up point. Could have been much better, but considering that I was up 2.4% after Christmas Eve's drop when that was negative 8% for the Dow, I'm feeling pretty good. Bush the Lesser's economy erased a lot of value for me, I wasn't just going sit still when tRump ran out Obama's run up.

The next couple days might be rough, Donny's chaos is going to whipsaw the markets.

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Response to LakeSuperiorView (Reply #7)

Thu Dec 27, 2018, 12:58 PM

8. trump goosed [ludicrous fat cat tax breaks] the dji up about 1400 points in january. Market was

mostly choppy after that. Made a small percentage high - before the bills came due lately.

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Response to empedocles (Reply #8)

Thu Dec 27, 2018, 01:08 PM

9. Except that it peaked Oct 3rd, after a longish flat run up over the summer.

 

It was lower in early February than at the start of the year. Your "goose" peak flew south after January ended.

The swings in the year were up 8% by early October and down 8% from the start of the year now. A lot of volatility from Trump chaos, but
a swing of 16% is not "chop".

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Response to imanamerican63 (Original post)

Thu Dec 27, 2018, 02:37 PM

10. Not so much.. At this moment the DOW is down 576.01

Yesterday was a classic dead cat bounce.

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