Posted on 03/14/2020 3:50:27 AM PDT by a little elbow grease
(CNN)President Donald Trump on Friday sent a note to supporters that included a chart showing the Dow Jones Industrial Average dramatically rising roughly at the time he began a news conference declaring a national emergency over coronavirus. The President signed the chart.
The note, which was also sent to some members of Congress, included screenshots of television coverage of the stock market closing much higher than Thursday. "The President would like to share the attached image with you, and passes along the following message: 'From opening of press conference, biggest day in stock market history!' " read the note, a copy of which was obtained by CNN from a source with familiar with it.
(Excerpt) Read more at cnn.com ...
ping
I think the Dow went up something like 1,200 points in an hour. Very nice to see.
I had $25k sitting since January and went this morning to arrange a stock buy (electrical unit) for Monday. Scene looks a lot better this weekend...stocks are under-valued...some stocks paying a very nice dividend at the lower values now (I can appreciate that 8.5-percent dividend for 2020).
And the problem is what exactly, fake news CNN?
Please go bankrupt asap. kkthx.
“I think the Dow went up something like 1,200 points in an hour. Very nice to see.”
—
Better up than down, but no serious investor goes by just one hour or a day of up/down.
_____________
Ha ..... so true.
However, one may wonder whether you thought you were talking to a boatload of liberals when you gave that heavy-duty financial advice.
***********
Donald J. Trump for KING.
“However, one may wonder whether you thought you were talking to a boatload of liberals when you gave that heavy-duty financial advice.”
—
More an emotional caution than financial advice. Last week when the DJIA was taking it’s beating there was a one day reprieve where the Dow shot up. The reaction of many hereabouts reminded of a plot device that’s in almost every slasher movie - when somebody says “It’s okay it’s over” and everybody breathes a sigh of relief. Except there/s an hour of the movie left.
But I would hope those who may not be real savvy don’t empty out the cookie jar or rainy day fund and buy 10,000 bucks worth of penny stock or give it to companies that pop up claiming a miracle cure for CV.
The overall trend is down - so have fun celebrating feel-good up days, but be ready to take lumps most of time for awhile as the normal routine.
Why do people continue to post manure from CNN like they were a legitimate news org?
Pray, pray against the Soros-paid, shorting manipulators...they either win and continue Monday, 3-16-20, or they are stopped...if they are stopped , don’t be surprised if the Corona stories, coverage backs off, too.
_________________________________
I hear you with the "Soros rap", but his story is one that I am not completely sure of.
The old fart may have run into some tougher elements lately, and maybe someone is actually stealing his signs too.
What a fool.
I did the same thing. Companies like Marathon Petroleum Corporation went so low, the dividend ended up around 10%. A year from now, when economies around the world normalize, the stock price will at least double. Ford Motor Co. dropped so much over the last few months (as it re-structures and the impact of coronavirus) that it's dividend went over 11%. So many similar opportunities, only a limited amount of free cash to drop into the market...
LOL!
No thanks, Uncle Charly pulled the rip-cord at 27K!
Y’all late comers, enjoy your temporary rebound to..23K,
is it?
Good luck, if you need anything drop a line.
This is only the beginning. Markets trended up for years, now they will trend down for years. They will drop another 30 to 50 percent from here before this market cycle is over. Financial/credit crisis has been brewing for years. Zombie companies with tens of billion in debt that don’t make money went on borrowing binges with feds cheap money to buy back their own stock. European banks ready to fail. Corona virus and oil crash are the pins that popped the bubble. Travel and hospitality industry crashing and burning. This summer will be ugly. Trump owns it. He claimed credit for the rise, he will be blamed for the fall. Last weeks tweet “ stock market looks pretty good to me right now” days before the plunge, is his ‘ read-my-lips-no-new-taxes ‘ moment. The demholes and media whores will crucify him for it.
No. All the drop in stock prices since the early 80's have very quick crashes. There's been no "trending down for years" since then.
I doubt your powers of prediction. A few weeks to months will tell the tale.
CP............ need some carrot juice?
______________
Hey Fisk....no one cares what you have to say on this matter.
Not you, certainly - you not only need brains to invest, you really have to have a job to have money to invest first - your government checks just aren’t enough, sorry! But good luck anyway and you might look into a brokerage that accepts food stamps, tho!
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.