posted 03-22-2018 03:18 PM                  

Wish I still had that much hair though.

BeWare, I also point out the good and bad and only state verifiable facts. My posts also state market should be looked at long term and no one President should claim responsibility, good or bad.

Wish the Radical Conservatives would acknowledge opposing viewpoints and didn't have so much HATE in their post. Just take a good look at the usually suspects.

posted 03-22-2018 04:58 PM                  

No, not really. There are those who stated FACTS.

There FACTS, not credit. An important distinction.

Then.... There are those who credited last years market gain was totally do to Trump.

Should one then extrapolate that this years negative market is do to Trump??? Some may say no, others will say yes.

posted 03-26-2018 09:58 AM                  

quote:

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Originally posted by Tomcal:

hen.... There are those who credited last years market gain was totally do to Trump.

Should one then extrapolate that this years negative market is do to Trump??? ...

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posted 03-26-2018 12:59 PM                  

Market Watch....

S&P 500 INDEX. ( As of Mar 23. -55.43 / -3.19%. Year-to-Date ... Data as of 4: 47pm ET, 03/23/2018 ...

Forbes....

"The Dow Jones Industrial Average is in correction territory, down 11.6% below its all-time intraday high of 26,616.71 set on Jan 26. Mar 23, The average is down -4.8% year-to-date."

Money....

As of Mar 23. Dow -424.69 / -1.77%. Today's Change. 20,380. Today| | |52-Week Range. 26,617. -4.80%. Year -to-Date ... Data as of 4:47pm ET, 03/23/2018 ...

I'm certainly no happy about this. Losing money is not fun.
As I posted early, I took some profits off the table this year expecting a correction.

Check in with your financial adviser.

Thinking long term horizons helps ease the pain.

posted 03-26-2018 01:08 PM                  

The Dow fell 1,100 points in the last two sessions of the week ending 3/23/18 and the Nasdaq Composite dropped back below the 7,000 point threshold Friday. Meanwhile, the S&P 500 was just 0.5% away from correction levels.

The stock market's troubles this week were rooted in a number of stories that spooked investors. Early in the week, Action Alerts Plus holding Facebook Inc. (FB - Get Report) was the major weight pulling markets lower. News broke that data analysis firm Cambridge Analytica harvested personal information from as many as 50 million Facebook users to influence elections in the U.S. and the U.K. including Trumps campaign.

Another Trump Trade War Threat…..

Also threatening market stability this week was the looming possibility of a trade war with China. On Thursday, President Donald Trump issued a presidential memorandum levying as much as $60 billion in new retaliatory tariffs against China in a bid to thwart intellectual property theft in the country. "The word that I want to use is reciprocal," Trump said at a briefing Thursday, March 22.

The presidential memo directs the Office of the U.S. Trade Representative and the Treasury Department to enact "what could be" $60 billion in tariffs to offset what the trade representative's office found to be about $48 billion in harm done toward the U.S. via Chinese trade practices.

China, of course, responded quickly with tariffs of its own.

Fed Hikes Rates….

In its first meeting under new Chairman Jerome Powell, the Federal Reserve raised interest rates Wednesday, increasing borrowing costs for the sixth time since late 2015 in a bid to keep inflation from rising too fast as the economy accelerates. The Fed had previously held the rate close to zero from 2008 through 2015 in a bid to revive the economy and markets following the financial crisis.
...

posted 03-26-2018 02:33 PM                  

STOCKS SOAR; DOW +600...

Dow jumps 600 points as trade tensions ease

•The Dow Jones industrial average traded 600 points higher, with Microsoft as the best-performing stock in the index.
•The move higher comes after the major averages posted their worst week since January 2016 amid fears of a trade war between China and the U.S.
•Earlier, the Financial Times reported China has offered to buy more semiconductors from the U.S. to help cut its trade surplus with the U.S.

Fred Imbert | Alexandra Gibbs
Published 10 Hours Ago | Updated 17 Mins Ago

http://www.cnbc.com/2018/03/26/us-stock-futures-dow-data-fed-speeches-and -politics-on-the-agenda.html

posted 03-26-2018 03:38 PM                  

Dow Jones Industrial Average: -2.1% YTD

Still negative.

posted 03-26-2018 04:06 PM                  

"Trump still has one master: the stock market, which he regards as a barometer measuring how he’s doing as president. “He views the stock market as the ultimate arbiter of his policies,” Greg Valliere of Horizon Investments says. “He believes that his tax cuts and regulatory reform are a big reason for last year’s explosive rally.”

Trump has tweeted about the stock market at least 47 times since being elected, often taking credit for handsome gains. But he hasn’t tweeted on the stock market since Feb. 7, when he complained that stocks should be going up, not down. His silence of late makes sense: stocks have been volatile and are negative for the year—in part because of Trump himself.

Stocks sold off on the two occasions so far this year when Trump announced new tariffs—the steel and aluminum tariffs he announced March 8, and a broader set of tariffs against Chinese imports announced March 22. And guess what: In the aftermath of those selloffs, Trump modified his policies, perhaps in response to the poor marks the stock market gave to the protectionism he promised as a candidate.

Trump has significantly dialed back the steel and aluminum tariffs, issuing exemptions for many countries that leave just one-third of imported steel and 45% of imported aluminum subject to the new tariffs. They now only apply to imports from Russia, China and a handful of other Asian countries.

Spooked investors.....

The S&P 500 stock index fell 5% in the two days following the announcement of new tariffs on $50 to $60 billion worth of imports from China. Then came news that American and Chinese negotiators were engaged in fresh talks to tamp down trade tensions and avoid a trade war. Voila! Stocks rebounded, recovering some of the losses caused when Trump first announced the China tariffs.

Markets still seem cautious about Trump’s protectionist leanings. Of all Trump’s economic policies, tariffs, protectionism and the risk of trade wars spook investors and economists the most. Trump famously said earlier this month that “trade wars are good, and easy to win.” The markets are schooling him otherwise.

China has already announced one set of retaliatory tariffs on American imports, as a proportionate response to the impact Trump’s steel and aluminum tariff. One question markets are wrestling with now is what will Trump do if there’s no deal on trade with China, and retaliatory measures ensue?

“I think an ugly, persistent selloff would prompt Trump to change his policies, or at least consider changing,” Valliere says. “The market is that important to him.”

posted 03-28-2018 02:52 PM                  

quote:

---

Originally posted by Tomcal:

Then.... There are those who credited last years market gain was totally do to Trump.

Should one then extrapolate that this years negative market is do to Trump??? Some may say no, others will say yes.

That's what makes good debates.
...

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Come on Ed, your a good guy.

Again, with all do respect, my comments are for 2018, also know as YTD.

Dow Jones, Standard and Poors and NASDAQ does the math for me.

Don't need to google it. Have 5 bookmarked financial sites that I check on regularly.

I've also stated the need to think long term.

posted 03-28-2018 03:20 PM                  

quote:

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Originally posted by Tomcal:

I've also stated the need to think long term.

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So you are going to become a conservative, and vote Republican?

posted 03-28-2018 04:25 PM                  

I'm an independent. Vote who I feel is best suited regardless of party.

Thinking long term is not confined only to stock market or politics and certainly is not the domain of any one party.

posted 03-28-2018 06:14 PM                  

quote:

---

Originally posted by Tomcal:

That all depends AC on ones point of view.

I'm an independent. Vote who I feel is best suited regardless of party.

Thinking long term is not confined only to stock market or politics and certainly is not the domain of any one party.

Give it a try, you might like it.
...

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You are nothing more than a political hack for the democrat party. AC should try it and might like it? Sarcastic wise ass and AC would have to have his head examined were he to take any advice from the likes of you. You're just here to piss people off cause you hate Trump. We had to deal with your idol for 8 long years so now get used to 8 long years of Trump. If you haven't noticed all your belly aching over Hillary's defeat and your talking points have covinced absolutely no one of anything.

posted 03-29-2018 02:59 AM                  

quote:

---

Originally posted by Tomcal:
My, My, temper, temper. Don't blow a head gasket, silverkat.
...

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posted 03-29-2018 06:32 PM                  

quote:

---

Originally posted by tangled up in BLUE:

...remember, we had a 15% decline in the first 60 days of President Obamas term in office...

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And let's not forget the 20% decline (in the S&P) from election Day 2008 to inauguration Day 2009 - BEFORE Obama took office.
The market knows all. It saw an Obama presidency as being unfriendly to business and reacted accordingly.
Now that we've gotten that 8 year socialism experiment out of our systems, Happy Days are here again!

posted 03-30-2018 05:54 PM                  

...a few of my FB friends were rejoicing over the stock futures declining by 700 points, they were almost giddy, they were sure President Trump was going to destroy the US economy ......13 months later, the DOW had set 96 new all time records and had increased from 18,300 to 26,600. OVER 8,000 points of gain in such a short time will likely never be seen again

...the next day, Nov 9. the market not only didn't go down 700 points, it went up 200 points...one lifelong FB friend actually "unfriended" me LOL because I told them to not panic and it would all be okay, not what she wanted to hear....I still find it odd so many people want to see our new President fail, failure would hurt us all financially and possibly endanger our lives and the security of our country...

...today, I am sitting in an airport in Hawaii awaiting the next leg of our adventure, people are traveling, spending money, carrying bags from retail stores stuffed with goodies, smiling....the anti Trumpers are also spending their new gained riches, I have yet to see any complain about their investments increasing like never before, nor refusing to take them, or even donating their new found wealth to the Democratic party....they are spending these new found dollars like kids in a candy store,

...96 new records, 8,000 point gain in 14 months, gets my attention

posted 03-31-2018 03:55 AM                  

...one more thought gave me a chuckle.....the DOW is down a few percent, or a few tenths of a percent, from Jan 1 2018 thru today....only wanting to concentrate on these 90 days, LOL....we should all be sad...the market is going nowhere since the first of the year and once again, no mention of the previous record setting gains,

...now, lets take a look at another time period, how about we choose the first 120 days of Obama....Election day 2008 thru early March 2009....the market DROPPED from 9,600 to 6,600 in the blink of an eye...the DOW dropped over 30 % by the first week of March...a 30 % decline is pretty brutal in anyones portfolio....previous DOW record highs ( pre Obama) were in the 14,000 range and near the end of his 8 years had crawled up to 18,000 for a gain of approximately 30 %.....political memes like to use the starting point of March 9 when the Dow sunk to 6,600.....had investors put in new money THAT DAY, they had a good percentage ride....unfortunately, most investors were in the market from 14,000 to 6,600 taking a tremendous hit, but President Obama did get us back to 14,000 in 2013, 4 years later

posted 03-31-2018 12:47 PM                  

Chart below show start of the "The George W. Bush Great Recession", which Obama inherited.

Poor Banking controls, deregulation and deficit caused Market to slide down hill under "W" just before Obama took office. Financial crises, housing tumble and Market crash not seen since the Depression Era. History has proven these were all created under George W. Bush.

Looking at chart again, and one sees the Market recovered smartly in Obama's first term and had absolutely no problems with Obama in his second term.

Trump on the other hand, inherited a strong Market, rising employment, higher home sales and low inflation.

Only time will tell if Trumps Market can beat the 235% gain under Obama.
...