Impressed by Trump administration

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Automatik's avatar

Automatik

Senior Member

14,632 posts
Feb 16, 2017 11:17 AM
CC using the market to his advantage and people believe this?

LOL
Feb 16, 2017 11:17am
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Feb 16, 2017 11:26 AM
sleeper;1837514 wrote:Then you must have loved Obama because the stock market went up 300% from when Obama took office to when he left.

I made a ton of money off the Obama Presidency. I exited a majority of a my positions last month because I think we've peaked and people smarter than me are expecting a flat 2017 AT BEST case scenario and likely a trend towards recession.

I'll be buying once the market bottoms out again.
So you've lost out on the last month of the market?

Got it.
Feb 16, 2017 11:26am
Heretic's avatar

Heretic

Son of the Sun

18,820 posts
Feb 16, 2017 11:49 AM
Automatik;1837516 wrote:CC using the market to his advantage and people believe this?

LOL
But he's making money HAND OVER FIST!!!! Last night, he was able to eat moist dog food instead of the dry stuff!!!
Feb 16, 2017 11:49am
Q

QuakerOats

Senior Member

8,740 posts
Feb 16, 2017 11:49 AM
sleeper;1837514 wrote:Then you must have loved Obama because the stock market went up 300% from when Obama took office to when he left.

S&P500 is up 50% from 10 years ago. Annualized, that is less than half its normal rate of return.
Feb 16, 2017 11:49am
ptown_trojans_1's avatar

ptown_trojans_1

Moderator

7,632 posts
Feb 16, 2017 11:58 AM
Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
Feb 16, 2017 11:58am
SportsAndLady's avatar

SportsAndLady

Senior Member

35,632 posts
Feb 16, 2017 12:15 PM
ptown_trojans_1;1837524 wrote:Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
Agree with this.

If you're using this argument, it just means you're biased towards or against a political party.
Feb 16, 2017 12:15pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 16, 2017 12:18 PM
SportsAndLady;1837520 wrote:So you've lost out on the last month of the market?

Got it.
Yes I have. Timing the market is often difficult but I invest long term as I plan on retiring before I hit the age of 40. Missing out on a few % increase is going to pay off because I believe the market will turn sometime this year. Instead of timing that perfectly, I'd rather exit now with substantial gains and stay in cash until I believe the market is less bloated.
Feb 16, 2017 12:18pm
C

Con_Alma

Senior Member

12,198 posts
Feb 16, 2017 1:25 PM
Another EO will be signed after the President's Day weekend regarding immigration.
Feb 16, 2017 1:25pm
Q

QuakerOats

Senior Member

8,740 posts
Feb 16, 2017 1:36 PM
sleeper;1837527 wrote:Yes I have. Timing the market is often difficult but I invest long term as I plan on retiring before I hit the age of 40. Missing out on a few % increase is going to pay off because I believe the market will turn sometime this year. Instead of timing that perfectly, I'd rather exit now with substantial gains and stay in cash until I believe the market is less bloated.

You can't retire; obama swelled the food stamp rolls to a staggering 46 million people; they are depending on you.
Feb 16, 2017 1:36pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 16, 2017 1:44 PM
QuakerOats;1837559 wrote:You can't retire; obama swelled the food stamp rolls to a staggering 46 million people; they are depending on you.
I will still be paying taxes. No worries there.
Feb 16, 2017 1:44pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 16, 2017 1:45 PM
Con_Alma;1837554 wrote:Another EO will be signed after the President's Day weekend regarding immigration.
That's good. Been seeing too many Brown people around these days.
Feb 16, 2017 1:45pm
C

Con_Alma

Senior Member

12,198 posts
Feb 16, 2017 1:47 PM
How many is too many?

What does skin color have to do with it?
Feb 16, 2017 1:47pm
O-Trap's avatar

O-Trap

Chief Shenanigans Officer

14,994 posts
Feb 16, 2017 1:54 PM
gut;1837492 wrote:CC is pumping money into the market and riding.
Yeah, I meant some proof that he was actually making money "hand over fist."
Automatik;1837516 wrote:CC using the market to his advantage and people believe this?

LOL
I doubt it.
Heretic;1837521 wrote:But he's making money HAND OVER FIST!!!!
Hand over fist, man! HAND OVER FIST!!!
ptown_trojans_1;1837524 wrote:Using the stock market as an indicator of how a President is doing was dumb in the 90s, 2000s, early 2010s, and dumb now.
The market is too complex for the President to have much of an impact.
I would say the FED has more influence than Trump.
The lone exception was the crisis in 2008-2009.
I'm not even sure how much of an impact the Executive Office could have had in 2008-2009. Seems like the bulk of that was still the result of other entities.
Con_Alma;1837554 wrote:Another EO will be signed after the President's Day weekend regarding immigration.
Wait, what? Where did this come from?
sleeper;1837561 wrote:I will still be paying taxes. No worries there.
You should forego the taxes. Give to charities with the highest percentage going directly toward the cause. The help will go further.
Feb 16, 2017 1:54pm
Q

QuakerOats

Senior Member

8,740 posts
Feb 16, 2017 1:57 PM
ISIS suicide bombing at shrine in southern Pakistan kills at least 75, officials say, the same day ISIS car bombing in Baghdad kills 51.



JV peace squad still aspiring to make varsity.
Feb 16, 2017 1:57pm
Q

QuakerOats

Senior Member

8,740 posts
Feb 16, 2017 3:08 PM
Great presser today by the Donald, I hear.
Feb 16, 2017 3:08pm
majorspark's avatar

majorspark

Senior Member

5,122 posts
Feb 16, 2017 3:11 PM
QuakerOats;1837588 wrote:Great presser today by the Donald, I hear.
He downgraded CNN from "fake" news to "very fake" news.
Feb 16, 2017 3:11pm
G

gut

Senior Member

15,058 posts
Feb 16, 2017 3:18 PM
QuakerOats;1837504 wrote:Before the crash in '09 there were about 8,000 public companies available to invest in, today there are about 3,400. Simple supply/demand says that more 'investable' dollars chasing far fewer companies is going to result in higher valuations
No that's not how it works.

You only see PE's this high a year or two before and after recessions (when earnings are much lower).
Feb 16, 2017 3:18pm
sleeper's avatar

sleeper

Legend

27,879 posts
Feb 16, 2017 3:24 PM
gut;1837590 wrote:No that's not how it works.

You only see PE's this high a year or two before and after recessions (when earnings are much lower).
Not sure QO understands P/E ratios. Keyword "ratios".
Feb 16, 2017 3:24pm
ptown_trojans_1's avatar

ptown_trojans_1

Moderator

7,632 posts
Feb 16, 2017 3:33 PM
QuakerOats;1837576 wrote:ISIS suicide bombing at shrine in southern Pakistan kills at least 75, officials say, the same day ISIS car bombing in Baghdad kills 51.



JV peace squad still aspiring to make varsity.
I have yet to hear or see how Trump will respond...

What is his ISIS policy?
Feb 16, 2017 3:33pm
S

superman

Senior Member

3,582 posts
Feb 16, 2017 3:41 PM
ptown_trojans_1;1837597 wrote:I have yet to hear or see how Trump will respond...

What is his ISIS policy?
Didn't you hear his presser today?
We are going to do great things against ISIS. I mean really great. Lots of things, the best things. ISIS got strong because the previous administration was so weak. We are no longer weak. We are great again.
Feb 16, 2017 3:41pm
majorspark's avatar

majorspark

Senior Member

5,122 posts
Feb 16, 2017 3:50 PM
ptown_trojans_1;1837597 wrote:I have yet to hear or see how Trump will respond...

What is his ISIS policy?
I read the Pentagon is considering recommending conventional ground troops in Syria.
Feb 16, 2017 3:50pm
ptown_trojans_1's avatar

ptown_trojans_1

Moderator

7,632 posts
Feb 16, 2017 3:52 PM
majorspark;1837608 wrote:I read the Pentagon is considering recommending conventional ground troops in Syria.
I also saw that.
http://www.militarytimes.com/articles/us-troops-syria-pentagon

If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
Feb 16, 2017 3:52pm
majorspark's avatar

majorspark

Senior Member

5,122 posts
Feb 16, 2017 3:56 PM
ptown_trojans_1;1837609 wrote:If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
Yes and seek Congress's approval.
Feb 16, 2017 3:56pm
S

superman

Senior Member

3,582 posts
Feb 16, 2017 3:59 PM
ptown_trojans_1;1837609 wrote:I also saw that.
http://www.militarytimes.com/articles/us-troops-syria-pentagon

If that is the case, Trump better well make a damn good case for getting involved in the civil war and outline the exact objectives.
Actually he needs to tell the war mongers to pound sand. No way should we put ground troops in the quagmire.
Feb 16, 2017 3:59pm