Uh oh, stocks have never been higher

S

Seahawk

12
Stocks have never been higher

The Dow is higher than it's ever been before.
The Dow gained over 120 points and hit 18,353 on Tuesday, surpassing the previous record set in May 2015.
The all-time high, combined with the S&P 500 hitting its own record on Monday, represents a breakthrough for U.S. markets. Up until recently, they had appeared to have run out of steam and some even thought the seven-year bull market was about to end.

http://money.cnn.com/2016/07/12/investing/dow-stock-new-high-record/index.html

Maybe this is why anti brexiters went silent?

Should Obama get responsibility for this?
 
No he shouldn't. Of course the BREXIT doom and gloomers have egg on their face. The jury is still out whether this is a sign of further gains or just reversion. For the past year and a half the S&P has been range bound and essentially flat. You haven't lost or made much unless you have been actively trading which I suspect most JPP folks aren't doing.
 
Seahawk said:
Stocks have never been higher

The Dow is higher than it's ever been before.
The Dow gained over 120 points and hit 18,353 on Tuesday, surpassing the previous record set in May 2015.
The all-time high, combined with the S&P 500 hitting its own record on Monday, represents a breakthrough for U.S. markets. Up until recently, they had appeared to have run out of steam and some even thought the seven-year bull market was about to end.

http://money.cnn.com/2016/07/12/investing/dow-stock-new-high-record/index.html

Maybe this is why anti brexiters went silent?

Should Obama get responsibility for this?
Click to expand...

The FTSE 100 has been higher since September last year, the FTSE 250 is virtually back to pre-Brexit level and the pound is going up. I wonder what our resident financial experts Rana and Darla have to say, bugger all would be my guess!!

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Milagro said:
The FTSE 100 hasn't been higher since September last year, the FTSE 250 is virtually back to pre-Brexit level and the pound is going up. I wonder what our resident financial experts Rana and Darla have to say, bugger all would be my guess!!

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Click to expand...

Sent from my LENOVO Lenovo K50-t5 Using Ez Forum for Android
 
Milagro said:
The FTSE 100 has been higher since September last year, the FTSE 250 is virtually back to pre-Brexit level and the pound is going up. I wonder what our resident financial experts Rana and Darla have to say, bugger all would be my guess!!

Sent from my LENOVO Lenovo K50-t5 Using Ez Forum for Android
Click to expand...

They will say "it is still early, you can't expect the bad consequences this soon "

You surely don't expect the Pussy Posse to admit they were wrong do you?
 
Islam Sucks said:
They will say "it is still early, you can't expect the bad consequences this soon "

You surely don't expect the Pussy Posse to admit they were wrong do you?
Click to expand...

That is not what I recall them saying the day after or the Monday after when the market went down. Then as soon as it went up, they got real quiet.
 
and ill be right here to cash it in when they cause another panic :) Brexit has been very good to me financially so far.

What idiots dont realize is that the stock market will always recover. Why? Because once prices get low enough someone will always buy. In fact I could make the argument that the value of the stock has almost nothing to do with the actual value of the company nowadays. Lol.
 
tsuke said:
and ill be right here to cash it in when they cause another panic :) Brexit has been very good to me financially so far.

What idiots dont realize is that the stock market will always recover. Why? Because once prices get low enough someone will always buy. In fact I could make the argument that the value of the stock has almost nothing to do with the actual value of the company nowadays. Lol.
Click to expand...

I agree that fundamentals have been thrown out the window, but I would be careful with the "stocks will always recover". Remember we are going to be heading into a situation soon where there are potentially more sellers than buyers. As more and more baby boomers head into retirement, they begin tapping into their 401ks especially with mandatory contributions. Couple that with Millennials having a lack of trust in buying stocks and you could have a volatile situation.

A lot so movement in the market is institutional buyers aka mutual fund buying on behalf of retirement plans.

I made out big on BREXIT. Best trades of my life. I am no betting that there will be another bit of volatility so I am buying the VIX and waiting for a pop in volatility
 
Milagro said:
The Darlaks have gone to ground.

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Click to expand...

The day after everyone voted, a non-voting friend of mine wrote:

I really don't see why people are surprised today. And I don't think the people who voted to leave should be vilified or stereotyped, or profiled in a negative light.

Being on the outside you may think I have no 'right' to have an opinion, but I pay my taxes and obey the laws of the land, so I do have a right of opinion, and it is this.

Leave was inevitable. The campaign for remain should have started in 1992. In the past 24 years, there has been nothing done to actively promote the benefits of the EU to the British population. We were married in to it, and all the talk has been since then, about the negatives. I am not just talking about in the media, but the working and lower middle classes- 'blue collar' people, like me, in pubs and clubs all over Britain have felt utterly disenfranchised from the EU experience. It has never been sold as having any positive trickle down to the man in the street, by media, or really by domestic government.

Maybe the politically invested know the names of all the Euro MP's, but most people are not invested, and the work of the EMP has not been promoted or stuck in their faces often, or hard enough. They are just shadowy figures on a jolly in Belgium on 200k a year according to the electorate.

People are not politically sophisticated. Opinion and knowledge seldom share equal quarter. Most people have a nurtured political belief system by the time they leave school. They vote 'x' because that is how their parents do/did, or a teacher that engaged in the topic with them, or a celebrity they had a crush on. It really is that simple for most people. Because belief does not require evidence, nor does it respond to evidence. Belief exists in a separate sphere of thought.

The Remain movement was lead by a truly wretched Prime minister, a duplicitous lightweight. His plea was backed by the City. The City that has crippled us in illegal and underhand dealings, bad investments and the subjugation of society through usury.

These are not sources of advice that anyone would, or frankly should, trust- even if they happened to be right on something. If you met Cameron and a pack of city twats, and they told you it was sunny outside, you would put on a coat.

This has not just been a vote about Europe. This has been a vote about the systems of power, and the abuses of that power.
It is the monster returned for the blood of its creators.

Sent from my LENOVO Lenovo K50-t5 Using Ez Forum for Android
 
Milagro said:
The Darlaks have gone to ground.

Sent from my LENOVO Lenovo K50-t5 Using Ez Forum for Android
Click to expand...

The day after everyone voted, a non-voting friend of mine wrote:

I really don't see why people are surprised today. And I don't think the people who voted to leave should be vilified or stereotyped, or profiled in a negative light.

Being on the outside you may think I have no 'right' to have an opinion, but I pay my taxes and obey the laws of the land, so I do have a right of opinion, and it is this.

Leave was inevitable. The campaign for remain should have started in 1992. In the past 24 years, there has been nothing done to actively promote the benefits of the EU to the British population. We were married in to it, and all the talk has been since then, about the negatives. I am not just talking about in the media, but the working and lower middle classes- 'blue collar' people, like me, in pubs and clubs all over Britain have felt utterly disenfranchised from the EU experience. It has never been sold as having any positive trickle down to the man in the street, by media, or really by domestic government.

Maybe the politically invested know the names of all the Euro MP's, but most people are not invested, and the work of the EMP has not been promoted or stuck in their faces often, or hard enough. They are just shadowy figures on a jolly in Belgium on 200k a year according to the electorate.

People are not politically sophisticated. Opinion and knowledge seldom share equal quarter. Most people have a nurtured political belief system by the time they leave school. They vote 'x' because that is how their parents do/did, or a teacher that engaged in the topic with them, or a celebrity they had a crush on. It really is that simple for most people. Because belief does not require evidence, nor does it respond to evidence. Belief exists in a separate sphere of thought.

The Remain movement was lead by a truly wretched Prime Minister, a duplicitous lightweight. His plea was backed by the City. The City that has crippled us in illegal and underhand dealings, bad investments and the subjugation of society through usury.

These are not sources of advice that anyone would, or frankly should, trust- even if they happened to be right on something. If you met Cameron and a pack of city twats, and they told you it was sunny outside, you would put on a coat.

This has not just been a vote about Europe. This has been a vote about the systems of power, and the abuses of that power.
It is the monster returned for the blood of its creators.

Sent from my LENOVO Lenovo K50-t5 Using Ez Forum for Android
 
Seahawk said:
Stocks have never been higher

The Dow is higher than it's ever been before.
The Dow gained over 120 points and hit 18,353 on Tuesday, surpassing the previous record set in May 2015.
The all-time high, combined with the S&P 500 hitting its own record on Monday, represents a breakthrough for U.S. markets. Up until recently, they had appeared to have run out of steam and some even thought the seven-year bull market was about to end.

http://money.cnn.com/2016/07/12/investing/dow-stock-new-high-record/index.html

Maybe this is why anti brexiters went silent?

Should Obama get responsibility for this?
Click to expand...

No, the rule is always~if the market goes up the gop house & senate get the cred, if it goes down obama (any dem president) gets the cred...
 
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