Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

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alfred russel

#2355
February 06, 2018, 03:54:02 PM
It seems odd that the market isn't up post trump considering the generous benefits tax reform bestowed upon corporate america. We are at roughly Dow 25000. We aren't too far away in percentage terms from that infamous benchmark Dow 36000.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.

There's a fine line between salvation and drinking poison in the jungle.

I'm embarrassed. I've been making the mistake of associating with you. It won't happen again. :)
-garbon, February 23, 2014

Tamas

#2356
February 06, 2018, 04:34:43 PM
Quote from: alfred russel on February 06, 2018, 03:54:02 PM
It seems odd that the market isn't up post trump considering the generous benefits tax reform bestowed upon corporate america. We are at roughly Dow 25000. We aren't too far away in percentage terms from that infamous benchmark Dow 36000.

As I understand the reasonable people explain this with anticipated higher inflation and rising interest rates.

I think it was as good a day as any to take profits and scare people so they could buy shit on the low.

Admiral Yi

#2357
February 06, 2018, 04:37:38 PM
Who is "they" Tamas? The Trilateral Commission?

alfred russel

#2358
February 06, 2018, 10:37:38 PM
Quote from: Tamas on February 06, 2018, 04:34:43 PM
Quote from: alfred russel on February 06, 2018, 03:54:02 PM
It seems odd that the market isn't up post trump considering the generous benefits tax reform bestowed upon corporate america. We are at roughly Dow 25000. We aren't too far away in percentage terms from that infamous benchmark Dow 36000.

As I understand the reasonable people explain this with anticipated higher inflation and rising interest rates.

I think it was as good a day as any to take profits and scare people so they could buy shit on the low.

Tamas, higher interest rates will cause a decline in the stock market, all else being equal. But higher inflation should cause markets to go higher absent a change in interest rates.
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.

There's a fine line between salvation and drinking poison in the jungle.

I'm embarrassed. I've been making the mistake of associating with you. It won't happen again. :)
-garbon, February 23, 2014

Valmy

#2359
February 07, 2018, 09:38:01 AM
Quote from: Tamas on February 06, 2018, 09:40:26 AM
LOWEST SINCE NOVEMBER LAST YEAR?! EXTRAORDINARY!

:lol:

MY STOCKS LOST 1/200th OF THEIR VALUE!

Time for a panic. Everybody sell all their shit at once.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Liep

#2360
February 07, 2018, 12:14:39 PM
"In the "old days," when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!"

Can someone verify that this is how the market responds now?
"Af alle latterlige Ting forekommer det mig at være det allerlatterligste at have travlt" - Kierkegaard

"JamenajmenømahrmDÆ!DÆ! Æhvnårvaæhvadlelæh! Hvor er det crazy, det her, mand!" - Uffe Elbæk

Valmy

#2361
February 07, 2018, 12:20:12 PM
Quote from: Liep on February 07, 2018, 12:14:39 PM
"In the "old days," when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!"

Can someone verify that this is how the market responds now?

That is an incredibly idiotic statement. I presume the President tweeted this out?
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

Liep

#2362
February 07, 2018, 12:24:37 PM
Quote from: Valmy on February 07, 2018, 12:20:12 PM
Quote from: Liep on February 07, 2018, 12:14:39 PM
"In the "old days," when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!"

Can someone verify that this is how the market responds now?

That is an incredibly idiotic statement. I presume the President tweeted this out?

:yes:

Like all good writers before him he has a distinct style.
"Af alle latterlige Ting forekommer det mig at være det allerlatterligste at have travlt" - Kierkegaard

"JamenajmenømahrmDÆ!DÆ! Æhvnårvaæhvadlelæh! Hvor er det crazy, det her, mand!" - Uffe Elbæk

Valmy

#2364
February 08, 2018, 03:54:29 PM
Quote from: Admiral Yi on February 08, 2018, 03:51:02 PM
Ouch.

Well that sucks. Hopefully this is just a short-term hiccup.
Quote"This is a Russian warship. I propose you lay down arms and surrender to avoid bloodshed & unnecessary victims. Otherwise, you'll be bombed."

Zmiinyi defenders: "Russian warship, go fuck yourself."

The Minsky Moment

#2365
February 08, 2018, 05:54:16 PM
There isn't much evidence of inflationary risk (yet), but rates are tightening.  The Fed didn't have great things to say about the tax package - their perception of fiscal laxity + decent growth fundamentals --> tight policy bias. 
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Admiral Yi

#2366
February 08, 2018, 09:01:22 PM
Let's play guess the bottom.

I say 2,400.

Tonitrus

#2367
February 08, 2018, 09:43:31 PM
DOW 2,400?

That would essentially be a market apocalypse.

Admiral Yi

#2369
February 08, 2018, 10:08:45 PM
The Dow is a stupid index and I never pay attention to it.
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