DOW is up 22% or 4,000 points since the November 2016 Election!

Gateway Pundit ^ | 9/19/17 | Jim Host

[ProtectOurFreedom]

The DOW is up 22% and 4,000 points since the election. No President has more all time closing highs in their first year in office than President Trump.

• President Trump is already the only President in US history to oversee two stock market rallies of nine days or more where the markets set new highs each and every day.
• On February 28th President Trump matched President Reagan’s 1987 record for most continuous closing high trading days when the DOW reached a new high for its 12th day in a row!
• Then in early August President Trump reigned over a 9 day stock market rally with each day reaching record highs.
• The DOW daily closing stock market average has risen 22% since the election on November 8th. (On November 9th the DOW closed at 18,332 – on September 18th the DOW closed at 22,331 – another all time closing high).
• Since the Inauguration on January 20th the DOW is up more than 12%. (It was at 19,827 at January 20th.)
• The DOW took just 66 days to climb from 19,000 to above 21,000, the fastest 2,000 point run ever. The DOW closed above 19,000 for the first time on November 22nd and closed above 21,000 on March 1st.
• The DOW closed above 20,000 on January 25th and the March 1st rally matched the fastest-ever 1,000 point increase in the DOW at 24 days.
• The DOW is now up by 4,000 points (3,999) since the election.

[ProtectOurFreedom]

So how does this compare with der Obamafuehrer'r first few months? The stock markets under der Der Obamafuehrer moved in nearly the exact opposite direction in the nine months after Obama’s election win in November 2008?

• The DOW daily closing stock market average tanked (went down) (-31%) between Obama’s election win on November 4th, 2008 and March 5th, 2009. (On November 4th the DOW closed at 9,625 – on March 5th the DOW closed at 6,594. Overall it decreased more than 3,000 points during this time).
• By September 18th 2009 the DOW was back to above 9,000 at 9,820 and barely above the November 4th 2008 stock market closing average. During this time period the stock market never reached a new stock market high. As a matter of fact, the Obama stock markets didn’t reach a new all time high during Obama’s entire first term (4 years).

Trump at UN today: “The problem in Venezuela is not that socialism has been poorly implemented, but that socialism has been faithfully implemented."

Get the GD government out of the way and THIS is what happens!

[wyowolf]

Not tired of winning!!
either is my 401k...

[Does so]

Such exuberance!

[Does so]

Bail out of your 401k and buy a 2nd home...

[Dilbert San Diego]

LOL I remember how Obama told us not to pay attention to the daily gyrations of the stock market.

[sparklite2]

My IRA says, “Winning!”

[Sacajaweau]

http://www.politico.com/story/2016/10/donald-trump-wall-street-effect-markets-230164

[wyowolf]

uh no...

[bankwalker]

Such exuberance!

... almost irrational!

[CMailBag]

What would it be if the ASSHOLECRATS weren’t fighting him every step of the way??

[Jolla]

that is my dilemma, do I buy a house that will depreciate with the bubble burst or move the investments to cash and then buy after the bust.

[Theoria]

People suffered under Obama. Others did well[stocks]. I was one of the ones who did very well. Alot of that was merely timing. It dropped so low under Bush going into Obama's term, that it wasn't hard to make money on the up swing.

I hope this is a sound rise in the market, and that people continue to invest wisely and do well.

[Wuli]

Pride goeth before the fall.

P/E ratios (a factor that weighs the stock price/value against annual revenue)

When P/E ratio values are thought to be high, what is really being suggested is the stock value is not likely supported by a companies annual revenue. When that is the case, the thought is that revenue would need to climb considerably to have a P/E that was considered historically more stable.

The current Schiller P/E ratio is at 30.68, and heading into the kind of P/E bubble indication seen in the P/E ratios as we entered the high-tech and dot.com bubbles.

The historic P/E average is 16.92 which makes the current mark of 30.68 about 81% higher. The average just since the end of the GWBush recession is about 24.43, which makes the current P/E about 25% higher.

I think we are seeing exuberant expectations, but the fundamentals for that might not be there.

[ProtectOurFreedom]

I’ve been an extremely poor market timer in earlier decades. Gotten out on the big downward slides, often not long before rock bottom, then was late getting back in. Back then, I had years ahead of me to make up for any mistakes. Now that I’m in my mid-sixties, heavily in equities, and recently retired, this has become a MUCH scarier ride.

[Herakles]

Watched NBR last night, the talking heads were bemoaning the end of the stock make after the election and still are. What can u ask of cnbc?, Comcast? Or what ever.

[ProtectOurFreedom]

From personal experience, my efforts to time the market like you are suggesting have been total disasters. I would have been much better off riding the market waves as all the analysis shows.

Are you buying your first house? Or already have a home and are buying investment property?

[dp0622]

You do know what a 401k is and that there is a pretty brutal penalty for withdrawing $$ early right?

[dp0622]

My wife’s 401K says winning. So I guess by extension I’m winning LOL.

My 401k says thank God you met this girl.

[dragnet2]

Where are all those con-servatives who declared Trump was a liberal just like Obama?

[sparklite2]

LOL