Dow’s 1-year gain since Trump’s win is its biggest post-Election Day rise since 1945
forgot password / register

reset password

register

patrick.net

 

#economics


#housing #investing #politics #random more»
778,880 comments by 11,519 users, 3 online now: Ceffer, jazz_music, TwoScoopsMcGee
new post
« prev   economics   next »

9
3

Dow’s 1-year gain since Trump’s win is its biggest post-Election Day rise since 1945

By Sniper following x   2017 Nov 8, 8:01am 365 views   24 comments   watch   quote     share  


Blue-chip stock gauge has climbed 28.50% in 12 months,

On the one-year anniversary of Donald Trump’s win in the U.S. presidential race, the Dow Jones Industrial Average is showing its biggest post-Election Day gain in more than 70 years.

The Dow has advanced 28.50% since Nov. 8, 2016. That represents its best performance after a White House contest since 1945, when the blue-chip gauge was up 29.83% in a year following the election of Franklin D. Roosevelt and his vice president Harry S. Truman.

The Dow’s big jump since Election Day was not exactly widely expected, with some strategists saying on Nov. 9, 2016, that they “would be skeptical about buying the dip” in stocks. According to the WSJ Market Data Group, which looked at data going back to 1896, the average 12-month gain following Election Day is 6.04%, with Republican presidents seeing an advance of 8.03% on average and Democrats seeing a rise of 3.55%.



https://www.marketwatch.com/story/the-dows-one-year-gain-since-trumps-election-is-its-biggest-since-1945-2017-11-08
#economics
1 Sniper   ignore (7)   2017 Nov 8, 8:02am   ↑ like (0)   ↓ dislike (0)     quote        

WINNING!!

2 Strategist   ignore (0)   2017 Nov 8, 8:14am   ↑ like (1)   ↓ dislike (0)     quote        

Sniper says
Blue-chip stock gauge has climbed 28.50% in 12 months,

On the one-year anniversary of Donald Trump’s win in the U.S. presidential race, the Dow Jones Industrial Average is showing its biggest post-Election Day gain in more than 70 years.

The Dow has advanced 28.50% since Nov. 8, 2016. That represents its best performance after a White House contest since 1945, when the blue-chip gauge was up 29.83% in a year following the election of Franklin D. Roosevelt and his vice president Harry S. Truman.


Good things happen when you have a President that inspires confidence.
3 Sniper   ignore (7)   2017 Nov 8, 10:53am   ↑ like (1)   ↓ dislike (0)     quote        

Strategist says
Good things happen when you have a President that inspires confidence.


It's all Trump's fault.
4 Strategist   ignore (0)   2017 Nov 8, 11:04am   ↑ like (0)   ↓ dislike (0)     quote        

Sniper says
Strategist says
Good things happen when you have a President that inspires confidence.


It's all Trump's fault.


Damn Trump. Gave $5 trillion gift to the stock market, and not a word of thanks from the ungrateful Dems.
They would have been thrilled if the stocks went down $5 trillion, just so they could say "I told you" "I told you"
5 HEY YOU   ignore (7)   2017 Nov 8, 2:32pm   ↑ like (0)   ↓ dislike (0)     quote        

The Market is totally transparent, no inside trading & gives everyone the same opportunities .
And as a bonus no one will ever lose any fiat.
NOT LOSING!
6 Ironworker   ignore (0)   2017 Nov 8, 2:44pm   ↑ like (0)   ↓ dislike (0)     quote        

Now to time the exit correctly and all is grand!
7 Ironworker   ignore (0)   2017 Nov 8, 2:45pm   ↑ like (0)   ↓ dislike (0)     quote        

We are getting closer. I feel it I'm my old bones
8 APOCALYPSEFUCK_is_ADORABLE   ignore (5)   2017 Nov 8, 3:46pm   ↑ like (1)   ↓ dislike (0)     quote        

LONG: FACE! MARINADES!, BELT-FED AMMO!, YAMS!

Remember, AMERICA! FACE!, it's what's for dinner!
9 Sniper   ignore (7)   2017 Nov 8, 3:49pm   ↑ like (1)   ↓ dislike (0)     quote        

Dow, S&P, Nasdaq end at records on same day time for 27th time in 2017

U.S. stocks booked slight gains on Wednesday, allowing the main equity benchmarks to creep further into record territory .

All three equity benchmarks finished at all-time highs on the same day for the 27th time in 2017. For the Dow it was the 59th closing high in 2017, the 53rd for the S&P 500, and the 64th for the Nasdaq.

The Dow has gained 29% since Trump was elected president on Nov. 8, 2016, while the S&P 500 has rallied 22% and the Nasdaq Composite has rallied 31% during that period.

https://www.marketwatch.com/story/dow-set-to-cool-its-heels-after-another-record-close-2017-11-08
10 Fucking White Male   ignore (2)   2017 Nov 8, 5:08pm   ↑ like (0)   ↓ dislike (0)     quote        

Die Trump Die hateyousoverymuch!
11 anon_c77fa   ignore (0)   2017 Nov 8, 5:14pm   ↑ like (1)   ↓ dislike (0)     quote        

Sniper says
The Dow has gained 29% since Obama's Presidency, while the S&P 500 has rallied 22% and the Nasdaq Composite has rallied 31% during that period.


Gnar gnar, still riding Obama's wave.
12 Strategist   ignore (0)   2017 Nov 8, 5:56pm   ↑ like (0)   ↓ dislike (0)     quote        

anon_c77fa says
Sniper says
The Dow has gained 29% since Obama's Presidency, while the S&P 500 has rallied 22% and the Nasdaq Composite has rallied 31% during that period.


Gnar gnar, still riding Obama's wave.


You'll be saying that for the next 7 years.
13 Sniper   ignore (7)   2017 Nov 8, 6:05pm   ↑ like (0)   ↓ dislike (0)     quote        

anon_c77fa says
Gnar gnar, still riding Obama's wave.


Yeah, Obama's wave his last two years:



Looks more like a flat pond.

THIS is a wave for ONE year:



Do you have difficulty telling the two apart?
14 Strategist   ignore (0)   2017 Nov 8, 6:17pm   ↑ like (1)   ↓ dislike (0)     quote        

Sniper says
THIS is a wave for ONE year:



It's a tsunami.
15 HEY YOU   ignore (7)   2017 Nov 8, 6:54pm   ↑ like (0)   ↓ dislike (0)     quote        

Trump interfering/rigging in the Free Market?
Thought Republicans want govt. to stay out of business except for tax cut.
If there is a drop must be Trump/Rep's fault.

" On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17, reaching the end of an eight-year growth period during which its value ballooned by a factor of six. That was before the bubble began to burst in a series of “black days”: Black Thursday, October 24, when the market dropped by 11 percent, followed four days later by Black Monday, when it fell another 13 percent; and the next day, Black Tuesday, when it lost 12 percent more."
This works out to be just over 33% fall in six days if cyphered correctly?

23,563.36(today) x .66= 15551.82

http://time.com/3207128/stock-market-high-1929/
16 Strategist   ignore (0)   2017 Nov 8, 7:53pm   ↑ like (0)   ↓ dislike (0)     quote        

HEY YOU says

" On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17, reaching the end of an eight-year growth period during which its value ballooned by a factor of six. That was before the bubble began to burst in a series of “black days”: Black Thursday, October 24, when the market dropped by 11 percent, followed four days later by Black Monday, when it fell another 13 percent; and the next day, Black Tuesday, when it lost 12 percent more."
This works out to be just over 33% fall in six days if cyphered correctly?


OMG. The market is gonna crash. Sell sell sell sell....Sell it...Sell it all.
17 Strategist   ignore (0)   2017 Nov 8, 7:54pm   ↑ like (0)   ↓ dislike (0)     quote        

Strategist says
HEY YOU says

" On Sept. 3, 1929, the Dow Jones Industrial Average swelled to a record high of 381.17, reaching the end of an eight-year growth period during which its value ballooned by a factor of six. That was before the bubble began to burst in a series of “black days”: Black Thursday, October 24, when the market dropped by 11 percent, followed four days later by Black Monday, when it fell another 13 percent; and the next day, Black Tuesday, when it lost 12 percent more."
This works out to be just over 33% fall in six days if cyphered correctly?


OMG. The market is gonna crash. Sell sell sell sell....Sell it...Sell it all.


Wait a minute. I hear this shit all the time, and it never works.
Buy buy buy buy....Buy it all.
18 Quigley   ignore (0)   2017 Nov 8, 8:06pm   ↑ like (0)   ↓ dislike (0)     quote        

Happy “Trump Day!”
19 Strategist   ignore (0)   2017 Nov 9, 2:11pm   ↑ like (1)   ↓ dislike (0)     quote        

Disaster strikes Wall Street. The market crashed today. Down 101 points.
20 E-man   ignore (0)   2017 Nov 9, 2:19pm   ↑ like (0)   ↓ dislike (1)     quote        

Don’t get too cocky. Market will do what it does. The market is bigger than Trump or anyone out there.

Be humble with your gains. For those who feel the market is overvalued, you’re more than welcome to exit your position. No need to “sell” your doom and gloom BS here or anywhere else. Look at the perma-bear loser John Mauldin. If you listened to him, you would have been left in the dust long time ago while this loser never stopped preaching doom and gloom. Sadly, some people still listen to him and quote him. Sigh...
21 Sniper   ignore (7)   2017 Nov 9, 4:09pm   ↑ like (2)   ↓ dislike (0)     quote        

Strategist says
Disaster strikes Wall Street. The market crashed today. Down 101 points.


Punch out, EJECT, EJECT EJECT!!!

Oh wait, it's just another day in the market!
22 Strategist   ignore (0)   2017 Nov 9, 5:19pm   ↑ like (0)   ↓ dislike (0)     quote        

Sniper says
Strategist says
Disaster strikes Wall Street. The market crashed today. Down 101 points.


Punch out, EJECT, EJECT EJECT!!!

Oh wait, it's just another day in the market!


I think we should have Trump's face on all $100 bills. Obama can have the $1 bills.
23 Sniper   ignore (7)   2017 Nov 9, 6:57pm   ↑ like (2)   ↓ dislike (0)     quote        

Strategist says
I think we should have Trump's face on all $100 bills.


OK, how's this?




Strategist says
Obama can have the $1 bills.


How about the Zero bill?

24 Strategist   ignore (0)   2017 Nov 9, 7:30pm   ↑ like (1)   ↓ dislike (0)     quote        

Sniper says
Strategist says
Obama can have the $1 bills.


How about the Zero bill?



He he he. "Zero bill" is more more appropriate. I apologize to America for giving Obama brownie points.

Comment as anon_6135f or log in at top of page:

users   about   suggestions   source code   contact  
topics   best comments   comment jail   old posts by year  
10 reasons it's a terrible time to buy  
8 groups who lie about the housing market  
37 bogus arguments about housing  
get a free bumper sticker:

top   bottom   home