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Old 12-18-2018, 03:25 PM  
Lex Luthor Lex Luthor is offline
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Stock market on pace for worst December since Great Depression

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The stock market is on pace for its worst December since the Great Depression

Two benchmark U.S. stock indexes are careening toward a historically bad December.

Both the Dow Jones Industrial Average and the S&P 500 are on pace for their worst December performance since 1931, when stocks were battered during the Great Depression. The Dow and S&P 500 closed Monday down 7.6 percent and 7.8 percent this month, respectively.

December is typically a very positive month for markets. The Dow has only fallen during 25 Decembers going back to 1931.

The S&P 500 averages a 1.6 percent gain for December, making it typically the best month for the market, according to the Stock Trader’s Almanac.

While the S&P 500 began dissemination in 1950, the performance data was backtested through 1928. It’s worth noting that historically, the second half of December tends to see gains.
https://www.cnbc.com/2018/12/17/wors...r&par=sharebar



"The worst December since the Great Depression". "Market down over 1,000 points since the GOP tax plan was passed".

Wow. Are the Trump supporters getting tired of all this winning yet?

To be fair, you can't really blame the plunging Dow on the tax cut. Although it can be argued that adding $2 Trillion to the debt can't be good for the stock market, most analysts agree that it's more likely that Trump's idiotic trade war is the cause.

The recent performance of the Dow does show us two things:
  1. Trump is an idiot. Trade wars are NOT good, and they are NOT easy to win.
  2. The tax cut is not the magic cure-all that the GOP believes it to be. All it did was add $2 Trillion to the debt.

I'm just glad I pulled my 401-K funds OUT of the stock market when I did. I'm not putting them back in until after Trump leaves office. Of course, the way things are looking, that will probably be Q2 of 2019.
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Old 01-08-2019, 03:10 PM   #301
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Originally Posted by patteeu View Post
How has it done since November?
2018?

Down 600+ since Oct 29....

THAT is my real point; people caught up in the short-term day-to-day, especially when they pick whatever "window" suits their political purpose to argue some advantage one way or the other....are just idiots. The long term is the real deal, and since 2008's "bubble" burst, we've been doing pretty well...and we should all hope that the recent volatility subsides soon...
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Old 01-08-2019, 03:21 PM   #302
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Down 1500+ points since this day, last year (down 9.4% since the market high)...but, hey, celebrate those "victories"...
That was Obama's fault.
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Old 01-08-2019, 03:43 PM   #303
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Originally Posted by GloryDayz View Post
That was Obama's fault.
You mean the guy who has been out of office for nearly two full years? That guy?




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Old 01-08-2019, 03:54 PM   #304
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You mean the guy who has been out of office for nearly two full years? That guy?




Yes..
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Old 01-09-2019, 10:47 AM   #305
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Because of our wonder President's honest and heartwarming address to the nation last night, the market is up 150...

I'm sure Check, Nancy, and Barry are doing their best to **** that up too.
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Old 01-10-2019, 03:07 PM   #306
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Looks like President Trump's trip to the border to discuss the need for "America's Wall" has excited the market, it's up 122..
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Old 01-10-2019, 03:08 PM   #307
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Originally Posted by GloryDayz View Post
Looks like President Trump's trip to the border to discuss the need for "America's Wall" has excited the market, it's up 122..
Lex Loser just needed to bitch about something.
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Old 01-10-2019, 03:14 PM   #308
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Les Loser just needed to bitch about something.
All he has do then. Is unzip his pants and look.
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[QUOTE=Lex Luthor;13914064]I don't know any such thing. What I do know is that Trump rose to power in exactly the same way Hitler did:
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Old 01-10-2019, 03:16 PM   #309
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Originally Posted by Mr. Kotter View Post
2018?

Down 600+ since Oct 29....

THAT is my real point; people caught up in the short-term day-to-day, especially when they pick whatever "window" suits their political purpose to argue some advantage one way or the other....are just idiots. The long term is the real deal, and since 2008's "bubble" burst, we've been doing pretty well...and we should all hope that the recent volatility subsides soon...
Well that's if you consider the worst recovery since the depression as doing pretty well then........ I guess. Who would have thought high taxes, high spending and needless red tape aren't good for the economy. All that happened under Barry's watch.
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Old 01-18-2019, 03:05 PM   #310
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Due to President Trump's superior leadership and staying focused on the things that mean the most to real Americans, the market is us 340 right now. Keep up the good work Mr. President. Fight for what's right, and remember.....AMERICA FIRST!!!
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Old 01-18-2019, 03:10 PM   #311
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Originally Posted by BIG_DADDY View Post
Lex Loser just needed to bitch about something.
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All he has do then. Is unzip his pants and look.
It's nice to see I'm in your heads so much. All I ask is that you don't call out my name when you're dreaming.
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Old 01-18-2019, 03:12 PM   #312
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Originally Posted by GloryDayz View Post
Due to President Trump's superior leadership and staying focused on the things that mean the most to real Americans, the market is us 340 right now. Keep up the good work Mr. President. Fight for what's right, and remember.....AMERICA FIRST!!!
If we were to go by Obama fanboi logic we could say the market is up 12% so far this year!
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Old 01-18-2019, 04:18 PM   #313
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If we were to go by Obama fanboi logic we could say the market is up 12% so far this year!
Yes...
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Old 01-18-2019, 04:30 PM   #314
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Old 01-18-2019, 06:45 PM   #315
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Quote:
Originally Posted by Lex Luthor View Post
https://www.cnbc.com/2018/12/17/wors...r&par=sharebar



"The worst December since the Great Depression". "Market down over 1,000 points since the GOP tax plan was passed".

Wow. Are the Trump supporters getting tired of all this winning yet?

To be fair, you can't really blame the plunging Dow on the tax cut. Although it can be argued that adding $2 Trillion to the debt can't be good for the stock market, most analysts agree that it's more likely that Trump's idiotic trade war is the cause.

The recent performance of the Dow does show us two things:
  1. Trump is an idiot. Trade wars are NOT good, and they are NOT easy to win.
  2. The tax cut is not the magic cure-all that the GOP believes it to be. All it did was add $2 Trillion to the debt.

I'm just glad I pulled my 401-K funds OUT of the stock market when I did. I'm not putting them back in until after Trump leaves office. Of course, the way things are looking, that will probably be Q2 of 2019.
I have heard yet? Mueller just came out and told all of America. That you're a loser.
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[QUOTE=Lex Luthor;13914064]I don't know any such thing. What I do know is that Trump rose to power in exactly the same way Hitler did:
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