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Thread: Dow tops 30,000 for the first time ever as Biden transition begins, stocks soar

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    Default Dow tops 30,000 for the first time ever as Biden transition begins, stocks soar

    CNN

    S&P 500 and Nasdaq, and the Russell 2000 were all up as well.

    Cannibus and travel related stocks also soared.

    It appears that removing the stench of Trunp will breath fresh air into the American economy.
    Cognitive Dissonance is a powerful mindfuck. It transfixes it's host with the terror of inconvenient truth .. the brain becomes motionless .. and all avenues to critical thought are blocked.

    Even science no longer makes sense.

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    like all normal americans, the rich folks and big investors who control the stock market are just happy and relieved a clueless incompetent mentally impaired conman like trump is not in charge, and not anywhere near the red button, even if they might have to pay a little higher taxes under biden.

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    Janet Yellen, Secretary of the Treasury.

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    Quote Originally Posted by Jack View Post
    Janet Yellen, Secretary of the Treasury.
    Imagine trump picking her...she has never even been on a reality tv show.

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    Quote Originally Posted by blackascoal View Post
    CNN

    S&P 500 and Nasdaq, and the Russell 2000 were all up as well.

    Cannibus and travel related stocks also soared.

    It appears that removing the stench of Trunp will breath fresh air into the American economy.
    Good and bad. Good in the short run, stocks waaay overvalued compared historically. Not sure how long this can last. They've been way overvalued since the April bull market. Our bets are hedged. Wife's investments just go with the market, I have put options contracts in place ready for the crash but in the meantime I still earn income from the investments, just not as much.
    "Where the people fear the govt. you have tyranny. Where the govt. fears the people you have liberty."

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    Default

    If Hillary was potus it would have been 35,000 already.

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    Quote Originally Posted by Micawber View Post
    If Hillary was potus it would have been 35,000 already.
    I'm so grateful that Hillary never was my ruler nor ever will be. Thank you Obama, thank you Trump. And an honorable mention to Bernie.
    "Where the people fear the govt. you have tyranny. Where the govt. fears the people you have liberty."

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    Quote Originally Posted by Micawber View Post
    If Hillary was potus it would have been 35,000 already.
    unsupported fantasies

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    Quote Originally Posted by anonymoose View Post
    I'm so grateful that Hillary never was my ruler nor ever will be. Thank you Obama, thank you Trump. And an honorable mention to Bernie.
    Libya was just a warm up for Hillary "we came we saw he died" -
    Great Buddha only know where she would have us next -Syria was a good bet for her "humanitarian zones"

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    Quote Originally Posted by anonymoose View Post
    Good and bad. Good in the short run, stocks waaay overvalued compared historically. Not sure how long this can last. They've been way overvalued since the April bull market. Our bets are hedged. Wife's investments just go with the market, I have put options contracts in place ready for the crash but in the meantime I still earn income from the investments, just not as much.
    I think you cashed in during the Covid crash? Shame we can't earn anything on bonds.
    Once in a while you get shown the light, in the strangest of places if you look at it right.

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    Quote Originally Posted by Hoosier Daddy View Post
    like all normal americans, the rich folks and big investors who control the stock market are just happy and relieved a clueless incompetent mentally impaired conman like trump is not in charge, and not anywhere near the red button, even if they might have to pay a little higher taxes under biden.
    All those times the market was up under Trump was because the market liked Trump lol?
    Coup has started. First of many steps. Impeachment will follow ultimately~WB attorney Mark Zaid, January 2017

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    Quote Originally Posted by Althea View Post
    I think you cashed in during the Covid crash? Shame we can't earn anything on bonds.
    Not at all. That was unforeseen. Luckily my wifey timed the market almost perfectly, something I'm terrible at. As far as bonds, of course you can. But again, you have to time it. Better off going to the casinos.
    "Where the people fear the govt. you have tyranny. Where the govt. fears the people you have liberty."

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    Very happily all cash since Oct 16.

    Sadly America is a bad bet now.

    Performance Matters
    That the people are shit now.....The world is shit now.....Need not get in the way of us getting better.....NOT YET.....The books have not been burned yet!

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    Trump economy still strong even despite CORONA.

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    Quote Originally Posted by ExpressLane View Post
    Trump economy still strong even despite CORONA.
    The kids/grandkids/unborn who are paying for it will not be amused.
    That the people are shit now.....The world is shit now.....Need not get in the way of us getting better.....NOT YET.....The books have not been burned yet!

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