DOW 20,000

Making America great again. The Dow is at 20,070. Looks like a Trump bump.

In early trade on Wednesday, the Dow was trading around 20,012, up about 98 points on the day. The S&P 500 was also up about 10 points to 2,292, a new record, while the Nasdaq was up 34 points to 5,635, also a record.

finance.yahoo.com...

a reply to: seasonal

Not to be a buzzkill, but keeping things in perspective:

[At the time of this posting] US National Debt is at $ 19,964,973,000 (yes, that's in the trillions)

so will the Federal Reserve finally increase interest rates due to high confidence in US economy, or are they going to keep playing "this game" which will hurt everyone more in the long run?

originally posted by: FamCore
a reply to: seasonal


In other news, US National Debt is at $ 19,964,973,000 (yes, that's in the trillions)

so will the Federal Reserve finally increase interest rates due to high confidence in US economy, or are they going to keep playing "this game" which will hurt everyone more in the long run?

Well in all fairness............

originally posted by: FamCore
a reply to: seasonal


In other news, US National Debt is at $ 19,964,973,000 (yes, that's in the trillions)

so will the Federal Reserve finally increase interest rates due to high confidence in US economy, or are they going to keep playing "this game" which will hurt everyone more in the long run?

double-edged sword. But I have heard Trump go on about the need to raise interest rates in the past, so, I would think he will look to sway that mindset.
I would point out that the state of the economy
Does not seem to be reflected by the markets at this time. I believe there's major foreign money being poured in because it's a sound investment Right now. But there's other stagnation that's going to prevent a true boom to the economy. Plus, high rates plus high property prices may grind the wheels. I could be wrong.

The rich getting richer. Maybe we will get a few temporary construction jobs out of it.

a reply to: FamCore

Trump is in support of a audit if the Fed. This is going to get bumpy.

We play the market it's been hovering right there at 19999 up or down two or three points for a weeks now.

We check our stocks every single day without fail.

But ya know we did say after Fridays inauguration that when it goes over (and we knew it would anyway) trump will take credit for it. Lol.

And it's just a number. People just like even things. Cramer's been talking about it for weeks already.
Don't make more of it than it is.
trump is god yea for us rah rah

Duplicate post.


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Watch this space for further updates

a reply to: MOMof3

I know right? I wish we could just let the economy collapse so we can have socialism already!

a reply to: seasonal


20,000 on the Dow Jones Industrials will seem meager in a year or two.

a reply to: Sillyolme

Your right, it's been hovering right there since November 9th.

a reply to: MOMof3

You don't need to be rich to buy stock. Start small. Use it like a savings account. Mutual funds and investment groups like met life combine your little bit with other little bits and they usually play it safe. Disney MacDonalds Facebook, some expensive stocks you couldn't get on your own. Just contribute regularly and leave it alone. You'll be surprised how fast it can grow.

a reply to: Konduit

Funny funny.yeah and before.
It took a dive on the 8th and crawled back up over the next few days. I saw it.

a reply to: Sillyolme

Cramer....Cramer. Oh yeah, this guy.



Fact of the matter is that those markets run on optimism and pessimism. The country is optimistic due to the new administration. Well, half of it, anyway.

a reply to: netwarrior

He's on the channel that shows the stock crawl. We also have the biggest stocks on widgets. Instant update on our portfolio in real time.
I'm not crazy about him either.
Hey he was all pro trump so some here will like him just by association. ¿

And yes the market is the pulse of the nation I agree whole heartedly.

a reply to: seasonal

The DOW itself is a poor indicator of economic success where it really matters, the middle class.

Since most of the money in the DOW never sees any other part of the economy ( it's just invested and reinvested within the same set of financial products) it basically serves as a means to tell you that the rich are getting richer.

The DOW could be at 30K and the middle class would still have shrinking wages and crap jobs, if they have jobs at all.

~Tenth

The DOW will only go up and up, but this is not a sign that things are hunky dory.

It's also highly connected to the population of the country and the world.

The DOW:

Past 100 years of the DOW


Will only go up and up and up, unless the population of the planet / US drops, or there is of course a recession. Which if you think we'll get through not allowing the status quo go on, then you haven't been watching this closely enough.

Basically this is not the health of the country's economic status but the health of our businesses listed on the DOW, whether or not they've been making money or not. They certainly don't focus on loosing money, and have lots of resources, investing along side them is what many folks like to do, an in turn shows.

It will be interesting to see how this plays out, economics aren't so cut and dry but if you look and do research you can pick out some key points of interest.

Want to make some real money? Invest in diverse portfolios of the big guys, silver and new technologies, and my favorite PENNY STOCKS!

a reply to: Sillyolme

With all the tarp money and bail out money that the brilliant Bush and can kicker Obama gave away.