earnings beat expectations - jumps DOW

[dukkha]

CitiCorp /JP Morgan / Johnson & Johnson / United Health / Nike -all reported

https://www.zacks.com/earnings/earni...e-predictions/
4 Major Bank Stocks Poised to Outshine Q3 Earnings Estimates
3 Big Drug/Biotech Stocks Set to Beat Q3 Earnings Estimates

Which companies are seeing ESP activity?
5 Insurance Stocks Poised to Beat Q3 Earnings Estimates
Canadian Banks Due to Report Q3 Earnings: RY, CM, BNS & More
Tech Stocks' Earnings to Watch Out For: CSCO, NTAP, HPQ
Food Stocks Lined Up for Earnings: SYY, HRL, SJM & CPB

[CFM]

Where's katzgar talking about the DOW today?

[dukkha]

RECESSION!!

[archives]

Should we earmark this thread so when the DOW reverses itself, as it always does, so you will then imply it is all due to Trump?

The Dow has been a Bull Market since 2010, and if anything is to be read from it it is its' unsettleness, what goes up this week falls next week and so on

But the consideration you Trumpkins fail to recognize is that the American public doesn't recognize what is happening in the economy because of Trump as much as they do in spite of Trump. Who was the last President with a healthy economy running for reelection who had poll consistent numbers in the toilet? The economy won't be the big issue the GOP is hoping on heading into 2020

[CFM]

Should we earmark this thread so when the DOW reverses itself, as it always does, so you will then imply it is all due to Trump?

The Dow has been a Bull Market since 2010, and if anything is to be read from it it is its' unsettleness, what goes up this week falls next week and so on

But the consideration you Trumpkins fail to recognize is that the American public doesn't recognize what is happening in the economy because of Trump as much as they do in spite of Trump. Who was the last President with a healthy economy running for reelection who had poll consistent numbers in the toilet? The economy won't be the big issue the GOP is hoping on heading into 2020

Are you still trying to give Obama credit?

[cawacko]

Should we earmark this thread so when the DOW reverses itself, as it always does, so you will then imply it is all due to Trump?

The Dow has been a Bull Market since 2010, and if anything is to be read from it it is its' unsettleness, what goes up this week falls next week and so on

But the consideration you Trumpkins fail to recognize is that the American public doesn't recognize what is happening in the economy because of Trump as much as they do in spite of Trump. Who was the last President with a healthy economy running for reelection who had poll consistent numbers in the toilet? The economy won't be the big issue the GOP is hoping on heading into 2020

You play into the same problem everyone else does.

It's the same continual game. When the market goes up the people who voted for the President celebrate it (doesn't matter which party) and those who didn't vote for them pooh pooh it. When the market goes down those who didn't vote for the President call it out and those who did vote for the President pooh pooh it.

Yes the President's actions and rhetoric have a role in the market's performance but it's so much more than that. Trump said the stock market is like a scoreboard on his policies/performance. That is wrong. But people have wrongly had that same belief about other President's well before Trump said it.

[archives]

You play into the same problem everyone else does.

It's the same continual game. When the market goes up the people who voted for the President celebrate it (doesn't matter which party) and those who didn't vote for them pooh pooh it. When the market goes down those who didn't vote for the President call it out and those who did vote for the President pooh pooh it.

Yes the President's actions and rhetoric have a role in the market's performance but it's so much more than that. Trump said the stock market is like a scoreboard on his policies/performance. That is wrong. But people have wrongly had that same belief about other President's well before Trump said it.

That is what I said, or at least implied, asking the poster if he would return if the market fell, but I do believe the unsettled nature of the Market will play a role in 2020, Americans just don't trust it or look at it as the economic indicator it might have been in the past. If at all, only the Market's long term trends help, and never just on their own

But prior Presidents, Democrat and Republican, were smart enough not to hitch their wagons to the daily DOW, Trump has, and as we have seen some of his followers do, which is why they called out when the Market swings

[dukkha]

Should we earmark this thread so when the DOW reverses itself, as it always does, so you will then imply it is all due to Trump?

The Dow has been a Bull Market since 2010, and if anything is to be read from it it is its' unsettleness, what goes up this week falls next week and so on

But the consideration you Trumpkins fail to recognize is that the American public doesn't recognize what is happening in the economy because of Trump as much as they do in spite of Trump. Who was the last President with a healthy economy running for reelection who had poll consistent numbers in the toilet? The economy won't be the big issue the GOP is hoping on heading into 2020

it's not the DOW -it's the earnings report.
Basically there isn't any recession on the horizon. Not to say there isn't a global slowdown

[dukkha]

You play into the same problem everyone else does.

It's the same continual game. When the market goes up the people who voted for the President celebrate it (doesn't matter which party) and those who didn't vote for them pooh pooh it. When the market goes down those who didn't vote for the President call it out and those who did vote for the President pooh pooh it.

Yes the President's actions and rhetoric have a role in the market's performance but it's so much more than that. Trump said the stock market is like a scoreboard on his policies/performance. That is wrong. But people have wrongly had that same belief about other President's well before Trump said it.

the DOW and world markets do at least correlate to the POTUS policies.

Like deregulation. which I think is much more important to growth then even tax cuts

[Truth Detector]

CitiCorp /JP Morgan / Johnson & Johnson / United Health / Nike -all reported

https://www.zacks.com/earnings/earni...e-predictions/
4 Major Bank Stocks Poised to Outshine Q3 Earnings Estimates
3 Big Drug/Biotech Stocks Set to Beat Q3 Earnings Estimates

Which companies are seeing ESP activity?
5 Insurance Stocks Poised to Beat Q3 Earnings Estimates
Canadian Banks Due to Report Q3 Earnings: RY, CM, BNS & More
Tech Stocks' Earnings to Watch Out For: CSCO, NTAP, HPQ
Food Stocks Lined Up for Earnings: SYY, HRL, SJM & CPB

237 points today. Closed 27,024.80. Closing record was 27,359.16, set on July 15, 2019. Maybe we will beat it this year?

Leftists will be saddened by this news of course.

[cawacko]

That is what I said, or at least implied, asking the poster if he would return if the market fell, but I do believe the unsettled nature of the Market will play a role in 2020, Americans just don't trust it or look at it as the economic indicator it might have been in the past. If at all, only the Market's long term trends help, and never just on their own

But prior Presidents, Democrat and Republican, were smart enough not to hitch their wagons to the daily DOW, Trump has, and as we have seen some of his followers do, which is why they called out when the Market swings

I should be embarrassed to say this but I've been posting on this board (or its prior inceptions) for like 19 years now. There are still folks here from the Rate Bush Board way back in the day. There were two posters on that board, one a Bush voter and the other not a Bush voter, who on a daily basis posted the results of the Dow. The Bush supporter when good, the non Bush supporter when bad, and either thanked or blamed Bush. Literally everyday.

It's years later along with a different President and nothing has changed.

[Truth Detector]

Should we earmark this thread so when the DOW reverses itself, as it always does, so you will then imply it is all due to Trump?

Go for it Arsecheese. It won't change the FACT that the DOW under Trump has been great, as have been wages, unemployment, especially for minorities and job creation.

The Dow has been a Bull Market since 2010, and if anything is to be read from it it is its' unsettleness, what goes up this week falls next week and so on

Let me translate this for everyone: Blah, blah, blah, blah, blah.

But the consideration you Trumpkins fail to recognize is that the American public doesn't recognize what is happening in the economy because of Trump as much as they do in spite of Trump. Who was the last President with a healthy economy running for reelection who had poll consistent numbers in the toilet? The economy won't be the big issue the GOP is hoping on heading into 2020

If you are so sure Trump is going to lose, take the fucking bet Arsecheese: https://www.justplainpolitics.com/sh...to-participate

[dukkha]

237 points today. Closed 27,024.80. Closing record was 27,359.16, set on July 15, 2019. Maybe we will beat it this year?

Leftists will be saddened by this news of course.

it's more then the DOW -unemployment, good wage growth skewed to the lower percentile earners . I've never seen an economy like this - it's been red hot

[archives]

it's not the DOW -it's the earnings report.
Basically there isn't any recession on the horizon. Not to say there isn't a global slowdown

Then why was the DOW included?

No single economic indicator on its own is a true measurement of the economy, and to post one is inane since anyone can cherry pick and ping pong from an array of indicators to pretty much support any conclusion they want to reach

The slowdown will do it, the annual growth rate since the sugar high from the tax cut has burned off, Trump's numbers have looked stagnant for close to a year now and nearly match those of Obama which Republicans criticized as lethargic

[archives]

it's more then the DOW -unemployment, good wage growth skewed to the lower percentile earners . I've never seen an economy like this - it's been red hot

Unemployment has been decreasing for nearly a decade now, and a 2.3 growth rate ain't exactly "red hot"