The Dow

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25k+19.4 yrs OP
~ 3 weeks, 4 days ago

The Dow
The Dow temporarily broke 50200 yesterday, but dropped back. The NASDAQ has set new records the last few days. If your 401, etc. hasn't made $$ since May 1, you need to have a very pointed conversation with whomever manages your money.
I'm not praising Trump as I think presidents don't have a lot to do with the markets. Just like the price of gas and cheaper cuts of beef right now, I think a lot of it is greed driven.

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10k+18.7 yrs
~ 3 weeks, 4 days ago

@AntiRanchDrssng : Check the futures. Hope they rebound some through the day. Every market is down, except for crude which is up. Not sure how much the meeting in China caused the reaction, but suspect it did a big part of it.

DennisinPeoria reacted

10k+14.3 yrs
~ 3 weeks, 4 days ago

Policy DOES have an effect on the stock market... War, definitely does. Same with gas prices. Presidents typically don't have an effect on gas prices, but mucking up supply chain definitely does as well.

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10k+14.9 yrs
~ 3 weeks, 4 days ago

*Edited

Cautious optimism is called for now. The 30 year treasury note hit over 5.1% today. That will be a very attractive alternative for some investors. Dow looks set to open well over 400 points today,
There is still the issue of the Strait of Hormuz as to how and when it will be open.

DennisinPeoria reacted

25k+19.4 yrs OP
~ 3 weeks, 4 days ago

@RambleOn :
Yep, most are down. Even some oil and energy stocks which have typically risen when the market at a whole falls. But something, the war, oil, greed.... has really driven the market upward over the last month.

10k+14.6 yrs
~ 3 weeks, 4 days ago

So much for gas prices dropping, and stocks staying up. This was posted 4:30 pm today.
apnews.com/article/s tock-market-china-tr ump-iran-war-7a29502 a1b592d3fbe0ede

I'll have to check my main 401k to see how it's doing. I also have a 2nd 401k through work, but I've only had it just under 5 years when I went FT there in 2021.

10k+14.9 yrs
~ 3 weeks, 4 days ago

So much for gas prices dropping, and stocks staying up. This was posted 4:30 pm today. apnews.com/article/s tock-market-china-tr ump-iran-war-7a29502 a1b592d3fbe0ede I'll have to check my main 401k to see how it's doing. I also have a 2nd 401k through work, but I've only had it just under 5 years when I went FT there in 2021. #msg1944700

@DennisinPeoria :
The worst part of the war may be ahead.

AverageSue and DennisinPeoria reacted

1k+7.1 yrs
~ 3 weeks, 1 day ago

DennisinPeoria : The worst part of the war may be ahead. #msg1944702

@billybob : The worst part of the war IS ahead.

skutfarcus, billybob and RambleOn reacted

10k+14.9 yrs App
~ 3 weeks, 1 day ago

@billybob : The worst part of the war IS ahead.

@CCubs:
Boots on the ground are under active discussion and consideration

AverageSue, DennisinPeoria and RambleOn + 1 more reacted

10k+14.4 yrs
~ 3 weeks, 1 day ago

@billybob :
Barron enlist?

RambleOn, AverageSue and CCubs + 1 more reacted

10k+14.9 yrs
~ 3 weeks, 1 day ago

billybob : Barron enlist? #msg1945007

@skutfarcus :l
No, probably not,he is too busy with his stock portfolio $150 million which was zero on January20, 2025

DennisinPeoria, skutfarcus and AverageSue reacted

10k+19.4 yrs
~ 3 weeks, 1 day ago

*Edited

Read today he has been stocking up on oil, gold, and defense stocks....

and tacos...

skutfarcus and RambleOn reacted

1k+7.1 yrs
~ 3 weeks, 1 day ago

Trump bragging about the stock market today, while middle-class America continues to struggle to make ends meet on an everyday basis just goes to show exactly how out of touch with reality that Trump actually is.

AverageSue, DennisinPeoria and RambleOn reacted

10k+14.9 yrs
~ 3 weeks, 0 days ago

The yields on 30 year bonds hit their highest level in 30 years today. It is 5.2%. Not good for stocks and the economy.

10k+14.6 yrs
~ 3 weeks, 0 days ago

So what is wrong with bonds hitting a record? Call me uneducated about difference between bonds and stocks. I don't own bonds, just have 401k in various stocks.

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