Dow at 17,000. What's more likely to happen first: it drops to 15,000 or continues to 20,000?

[5teamparlay]

Currently 19,937

 

[Greenbacks]

 

[DrunkenHorseplayer]

20k here we come.

 

[Ricboff]

DIA (the dow)

3 yr daily

boom, all time high


post-Trump nomination is now an approx 7% gain. Incredible. I think psychology is under appreciated , the role it plays in the market.



of course, 20,000 is just a number. How has the market historically done , short term, following breaking thru 'big' numbers?

dow 5000 -- Nov 1995 . Performance ; 6 mths after-- + 15.4% 1 yr after-- +30.7%
dow 10000-- Mar 1999. Performance; 6 mths after-- +3.7% 1 yr after-- +11.8%
dow 15000-- May 2013. Performance; 6 mths after--+ 5.3% 1 yr after-- +12.5%
dow 20000-- Jan 2017. Performance; 6 mths after---? 1 yr after-- ?



CAUTION shorting this market....

 

[Ricboff]

 

[Acebb]

I think Cuban is being quite conservative here. But I agree with his sentiment. Anyone who has money in the market would be wise to heed his words if a Drumpf Presidency becomes the likely outcome.

<header style="box-sizing: border-box; margin: 0px; padding: 0px; color: rgb(0, 0, 0); font-family: CNN, Arial, sans-serif; font-size: medium;">Mark Cuban: 'Huge, huge' losses for stocks if Trump wins

</header>

 

[Ricboff]

any guesses as to when the Nasdaq takes a breather?.............



3 month daily

popcorn-eatinggif



new support is at 5660...............FRESH support................like fresh air......................dagone.......

 

[Acebb]

I think Cuban is being quite conservative here. But I agree with his sentiment. Anyone who has money in the market would be wise to heed his words if a Drumpf Presidency becomes the likely outcome.

<header style="box-sizing: border-box; margin: 0px; padding: 0px; color: rgb(0, 0, 0); font-family: CNN, Arial, sans-serif; font-size: medium;">Mark Cuban: 'Huge, huge' losses for stocks if Trump wins

</header>

 

[Betallsports]

This thread is now fixed, since someone posted something to screw it up

 

[vitterd]

This thread is now fixed, since someone posted something to screw it up

It was screwed up for a while. I was just asking for an update on the stock market. It was a popular topic a few months ago.

 

[Betallsports]

It was screwed up for a while. I was just asking for an update on the stock market. It was a popular topic a few months ago.

well I wasn't talking about your "Call Out", um I mean 'Up Date'

 

[vitterd]

well I wasn't talking about your "Call Out", um I mean 'Up Date'

Im just checking in to see if we are still making America great again!!!:nohead:

 

[The Guesser]

Stock Market Numbers are Fake Today, so they don't count. Ignore them. It works with the idiots hno:

 

[boss415]

Market is crashing. It is only at 20,700. If the guys who need info ever get tv try cnbc

 

[The Guesser]

Dow posts longest losing streak since 2011 as 'Trump trade' falters - as it happened

https://www.theguardian.com/business/live/2017/mar/27/shares-slide-pound-rallies-us-dollar-trump-healthcare-failure-rattles-markets-business-live

http://money.cnn.com/2017/03/27/investing/stocks-dow-losing-streak-trump-obamacare/

How is this possible?

 

[DrunkenHorseplayer]

The "longest losing streak" refers to eight consecutive losing days but those losses only add up to about 400 points. The DJ is 2.7% from a record high; this is nothing unusual.

 

[The Guesser]

The "longest losing streak" refers to eight consecutive losing days but those losses only add up to about 400 points. The DJ is 2.7% from a record high; this is nothing unusual.

I agree. I just hope the market under the idiot Drumpf can come somewhere remotely close to it's performance under Obama. Rising Stock Prices like we had for the prior 8 years are great for America.

 

[boss415]

I agree. I just hope tmhe market under the idiot Drumpf can come somewhere remotely close to it's performance under Obama. Rising Stock Prices like we had for the prior 8 years are great for America.

It is hitting all time highs. Wtf are you talking about?

 

[DrunkenHorseplayer]

When Obama was inaugurated, the market had nowhere to go but up. Trump inherited a market at a record high; not a valid comparision.

 

[The Guesser]

When Obama was inaugurated, the market had nowhere to go but up. Trump inherited a market at a record high; not a valid comparision.

Exactly the point. After W destroyed the market, it wasn't just going to go back "nowhere but up" by itself. Obama's Policies got it to those record highs, and the tremendous gains we experienced. Hopefully the idiot Drumpf's policies can remotely come close to those gains.