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Dow Jones Industrial Average (^DJI)
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Yet another dividend given on the Dow Jones etf (confirmed from my hedged long) no wonder the price went up in the final 30 minutes..all rushing in to get the dividend cash 🤦♂️
Looks like the solution to all problem is just print more and money so everyone gets free check and stock goes higher and higher. Should I win the Noble Prize for this theory?
PRINT Dollars to PUMP US Stocks
NASDAQ Composite (^IXIC) adds $1 Trillion Out of thin Air in a single week, DESPITE ABSURD OVERVALUATION, So Much Terrible News, Collapsing Economy, Tanking Corporate Revenues and earnings (TSLA IBM ), intense competition for $1 revenue, Skyrocketing Inflation, Political Polarization, Global Pandemic, Astronomical Debt Levels, Record high Bankruptcies and Financials Fiascos.
It is used to take 70-80 year to add $1 Trillion to the index, with the best economy. Now PUMPING NASDAQ Composite (^IXIC) index by $1 Trillion is nothing... What a JOKE! $1 Trillion is new $1 million and soon it is going to be $100k.
Oh wait today is Thursday. So that means all the names move forward one letter alphabetically. That means today Cody is DJIA. It's so complicated.
So at the end of the day, the market was only down 7 points? All that economic disaster news coming from the rightards is really getting old. Why did he tell them to turn away from their 1st religion, sports?
Nasdaq Composite will COLLAPSE
It is all about PUMPING the US Stock Prices Artificially every single day for quick capital gains!
Nobody cares about Collapsing Economy, Skyrocketing Astronomical Inflation, Absurd Valuations, Collapsing Consumer confidence, Astronomically high Debt, Tanking Corporate revenues and earnings, Record number of bankruptcies, record stock dilutions, Pandemic, Limited real resources, intense competition for $1 revenue.
Last 10 mins of buying was to snap up the dividend on the Dow...
Went to Costco today. Store was fully stocked. No empty shelves. Plenty of everything
Housing starts up 7%. Was down -2% under DJT in he same time frame.
It's difficult to explain why, but no matter the number of buying opportunities, like today for example, the gloom and doomers will never buy the dips because no low is ever low enough for them. It's built into their DNA to howl about everything and they are content just to sit by and watch markets sail to ATH's just to again have something to howl about. They don't know how to calculate value so they will always be on the outside looking in wondering why they aren't doing well, looking around for some scapegoat to blame for their condition, when all they have to do is look inwardly. LOL.
Todays Reminder. Joe’s Build Back Better will cost about $2 Trillion. Roughly 1% of GDP. Why is that too much. Let’s invest in America, and Americans again like we did in the 1950’s
Every day I wonder if you crossed the Blue Line again?
There's nothing transitory about this inflation. If I run a business and already raised prices, I'm not lowering them just because supply chains get sorted out. I'm going to keep squeezing the customers for profit until the competition does something different or when demand starts to drop. Businesses are riding these high prices as long as they can, while skimping on product.
Not including inflation oil has to increase another 80% to reach the Bushco plateau. Please think before posting!
Copper taking a nose dive, for the veterans you know what that means..
These are capital investments. One penny on the dollar. Too much for Republicons
"Gas prices are at a 7-year high, with one California town reaching a whopping $7.59 per gallon"
I live there.. its true. And dont get me started on house prices.
If joe is able to pass his $3.5 trillion social welfare bill, the inflation we're seeing today (the highest in 30 years) will significantly increase. The lower classes are already taking a HUGE economic beating under joe. Until America has competent leadership, that will only get worse.
Just picked up IBM @ $131.70. Also wrote the November 140 calls @.45 to pick up the premium income in addition to the 5% dividend record date in early November. Too much of a knee-jerk reaction this morning. I agree, it's a gift.
Right now everyone is talking about the risks involving inflation and supply chain struggles. While these are very well warranted concerns, labor markets may be the black swan variable. Will be interesting to see how problematic labor markets will become and if they will have a prominent impact on capital markets, or perhaps we will just have a further dislocation between the real economy and the e financial economy (capital market) any thought anyone?
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