DOW to 20,000 today?!!

[hoosierdoc]

Oh, check out the fund BIPIX. Wowsers recent history.

Anyone look at this? Did well since I posted

 

[hoosierdoc]

BOOM

 

[Kirk Freeman]

Received my 3rd Q reports from American Funds and Blackstone yesterday--Blasers for everyone!

 

[CampingJosh]

We all know that the Dow isn't actually anything, right? It's not a good number for any purpose.

I didn't read back through the whole thread, but this point probably needs to be made every time that this thread pops back to the top.

 

[JettaKnight]

We all know that the Dow isn't actually anything, right? It's not a good number for any purpose.

I didn't read back through the whole thread, but this point probably needs to be made every time that this thread pops back to the top.

Well, it's something, and that's a manipulated number based on a very small number of companies. And the DJIA does move in the general direction of the rest of the market.


Regardless, it's a lousy indicator.

And yes, this was mentioned many times, including links to various podcasts illustrating the point.

 

[hoosierdoc]

We all know that the Dow isn't actually anything, right? It's not a good number for any purpose.

I didn't read back through the whole thread, but this point probably needs to be made every time that this thread pops back to the top.

Meh, should I report S&P then? They track similar.

It goes up, I make money. Happy days are here to stay

http://www.investopedia.com/ask/answers/130.asp?adtest=mobile-lazy-load-1

 

[Dr.Midnight]

Meh, should I report S&P then? They track similar.

It goes up, I make money. Happy days are here to stay

What's the difference between the Dow Jones Industrial Average and the S&P 500?

 

[Kirk Freeman]

We all know that the Dow isn't actually anything, right? It's not a good number for any purpose.

I didn't read back through the whole thread, but this point probably needs to be made every time that this thread pops back to the top.

Whatcha doin', Kirk. Oh, just sitting here celebrating my 3rd quarter reports and then *BAM!* INGO kicks me right in the cookies.

 

[hoosierdoc]

Tesla stock did not like the republican tax plan

 

[JettaKnight]

Tesla stock did not like the republican tax plan

They're now trying some radical cost cutting:

https://jalopnik.com/tesla-shipped-cars-without-seats-and-digital-displays-1820113207

 

[hoosierdoc]

24,000

 

[Leadeye]

Good news for us semi-retired folks.

 

[bwframe]

Stock market thinks the new tax bill will pass.

Nicole Petallides is saying they are calling it "the McCain tax relief rally."

 

[rhino]

I like it when the market does well, but I can't stop thinking about 1999 and 2008.

 

[bwframe]

I like it when the market does well, but I can't stop thinking about 1999 and 2008.

My investment has been in skills to handle such.

Never know, Trump could lose in 2020.

For sure, he's out in 2004. So...

 

[hoosierdoc]

Stock market thinks the new tax bill will pass.

Nicole Petallides is saying they are calling it "the McCain tax relief rally."

Mccain, what a goober. I'm most excited about AMT going away

 

[Wolfhound]

I like it when the market does well, but I can't stop thinking about 1999 and 2008.

I agree with rhino. My 401k has been doing great but the market has to pull back eventually doesn't it?

 

[bwframe]

Mccain, what a goober. I'm most excited about AMT going away

This bill is a good start. We need a win. Then we need to be done with Obamacare.

 

[BugI02]

I like it when the market does well, but I can't stop thinking about 1999 and 2008.

So, I'm guessing you're not going to [STRIKE]place your bet on[/STRIKE] 'invest' in cryptocurrency

 

[Kirk Freeman]

Mccain, what a goober. I'm most excited about AMT going away

Me three!!!