Thank you DRAFT DODGIN BLIMP FUC.

[JOHN FRANK]

Stock market crashin every day sinse this FUC elected. What I just hear: Dropped for 9th starait day the longest streak since 1978.
Don't worry,the DRAFT DODGIN BLIMP gonna take care of it.
He goin: SOFTSHIT toilet paper or whatever he callin it. Member when TRUMP promised: YEAH we movin all new tecknological company to WISCONSIN from outer space. Creatin 200,000 jobs. Never happened. Deal fell thru after his boisterios claims. The site sits there with 50 employyees.

[darnoldrocks]

In the last month the major US markets have done the following  .....

S&P 500    5900 to 6050         up 150 pts

DOW         43,353 to 43,500    up 150 pts

Nasdaq      18,842 to 20,109   up 1,267 pts

If I took it from the day after the election the changes would be even more positive.
JF, be a big mouth, but don't lie!!

[kantseeback]

I saw a news conference yesterday where a Japanese big business tycoon promised to invest 100 billion dollars in building a U.S. plant and plans to create 100,000 jobs.

[darnoldrocks]

Kantseeback ....  He was a guest at a Trump news conference.   Trump was twisting his arm to get him to commit to 200 billion and 200k jobs.  I hope we can track the reality of this promise starting in 2025.
Do you remember the guys name?

[kantseeback]

Kantseeback ....  He was a guest at a Trump news conference.   Trump was twisting his arm to get him to commit to 200 billion and 200k jobs.  I hope we can track the reality of this promise starting in 2025.
Do you remember the guys name?

I forget his name but he is a big banker so I was wrong in my description. When Trump kidded with the guy and said maybe you could make it 200 billion he slapped the guy on the back and they both laughed, not twisting his arm whatsoever, just a joke.
The mainstream media twists any jokes Trump makes.

[Dingus]

In the last month the major US markets have done the following  .....

S&P 500    5900 to 6050         up 150 pts

DOW         43,353 to 43,500    up 150 pts

Nasdaq      18,842 to 20,109   up 1,267 pts

If I took it from the day after the election the changes would be even more positive.
JF, be a big mouth, but don't lie!!

How did the markets do today?

The Dow Jones Industrial Average (^DJI) was down about 2.6%, or over 1,000 points, clinching its 10th straight down session, the longest losing streak since 1974.

[Lugnuts]

Dingas Biden is the current president not Trump

[darnoldrocks]

Dingus, thanks for the update.
I hope it is a short term correction and not a multi day plunge.

If the new administration reduces red tape and widens some guard rails, I can only hope it will have positive affects on the markets in 2025.   It's all about attracting investment money into our system.

[kantseeback]

Yesterday's drop in the stock market was due to a change in predictions from Powell at the Fed. Instead of the 4 interest rate cuts he planned for 2025 there will only be 2 cuts.
I ditto the fact that BIDEN is the president right now, not Trump.

[Dingus]

Dingas Biden is the current president not Trump

I was responding to Darnoldrocks comment about the market since Election Day, where he touted how well the market did knowing Trump was elected.  Can’t have it both ways, saying Trump is lifting market and then ignoring the drop the next day.  Be consistent and objective, not 1 sided.

[dougie]

We have some cash in the market. Truth be told, I think it's been overvalued for awhile now. A long term "correction" was way overdue. I do believe that it's still a winning investment over the very long term. This losing streak is not on Joe Biden or the President-Elect. Jerome Powell's decision to continue the "slow" reduction in interest rates is hard for many to swallow. High rates don't necessarily hurt the "heavyweights" in the market. But the average American paying high credit card debt are suffering with the high rates.

[darnoldrocks]

Dingus ... "I was responding to Darnoldrocks comment about the market since Election Day, where he touted how well the market did knowing Trump was elected.  Can’t have it both ways, saying Trump is lifting market and then ignoring the drop the next day.  Be consistent and objective, not 1 sided."

Dingus, this is how the comments progressed ...
JF says "Stock market crashin every day sinse this FUC elected."
I responded with the activity of the market since Trump elected.   Fact, it had gone up, not crashed.
Dingus says "I can't tout if one day, then ignore the drop the next."
I didn't tout anything.   I simply corrected JF's statement that the market crashin every day since Trump elected, which isn't true.   Overall, since elected the market had gone up.  If that wasn't true as of December 17th when I posted, you could stand me corrected.

[Dingus]

Dingus ... "I was responding to Darnoldrocks comment about the market since Election Day, where he touted how well the market did knowing Trump was elected.  Can’t have it both ways, saying Trump is lifting market and then ignoring the drop the next day.  Be consistent and objective, not 1 sided."

Dingus, this is how the comments progressed ...
JF says "Stock market crashin every day sinse this FUC elected."
I responded with the activity of the market since Trump elected.   Fact, it had gone up, not crashed.
Dingus says "I can't tout if one day, then ignore the drop the next."
I didn't tout anything.   I simply corrected JF's statement that the market crashin every day since Trump elected, which isn't true.   Overall, since elected the market had gone up.  If that wasn't true as of December 17th when I posted, you could stand me corrected.

I have no issue with that.  What concerns me is Trump is being influenced by these billionaires.  Do you think these billionaires give a crap about us? 
Thirteen of Trump's nominees for positions in his administration so far have a combined net worth of $460 billion.

[darnoldrocks]

Dingus, I think Musk cares about us more than a majority of politicians.

Musk doesn't need to make decisions based on money.  He has more than he knows what to do with.

Politician's are in their prime earning stage, sucking every dollar they can into their own coffers via special interest group payouts.

I may be totally wrong, but I look forward to the Musk/Ramaswamy DOGE effort hitting full swing.  The $$'s available to be saved are mindboggling. 

[darnoldrocks]

Coming off a bad market day on Wednesday because of Fed uncertainty, the market has rebounded very well on Thursday and Friday.
Where do we go from here?