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20k to 30k rollcoster ride or 30k to 40k bumper ride and one seem to be time a little better. Only if you can over all math 50% vs 33% what return would you have? If we're smart you took buffet advice and took both.
From memory I believe since the Great Depression the DJIA hit new highs under every president except Ford, Carter and Roosevelt. I bet the same would be true for the S&P 500.
And just think ... Joey and his budget-busting buddies in congress have accomplished this while holding the sustained and projected annual run rate of deficit spending to only about the $2+ trillion range.
Also, Joey's most ardent fanboys and fangirls might consider this:
The broad market (S&P 500) only has to climb about 25% from today's level to equal its performance during Donald's 4-year term!
Yeah! But why stop there? Let's go for the full monty!
To be sure, giving Bernie and E-War a free hand in the Senate would be a good start, along with installing AOC as House Ways and Means Chair (or even Speaker).
But for the icing on the cake:
Professor Stephanie Kelton in the Fed chair.
Investors and traders all over the land will be singing then!
Stephanie Kelton as Fed chair! ROTFLMAO!!!!! Let the good times roll! For a little while.
From memory I believe since the Great Depression the DJIA hit new highs under every president except Ford, Carter and Roosevelt. I bet the same would be true for the S&P 500.
Institutional traders move the markets. IF Biden was doing something that they just don't agree with they would not be hitting the buy button like they have since Biden has been president. AI stocks are the hot thing to buy right now. I would imagine that any company that has dividends and a good earnings forcast are getting some play from the buy and hold folks.
Institutional traders move the markets. IF Biden was doing something that they just don't agree with they would not be hitting the buy button like they have since Biden has been president. AI stocks are the hot thing to buy right now. I would imagine that any company that has dividends and a good earnings forcast are getting some play from the buy and hold folks.
Go Sleepy Joe.
Go Kamala.
Adav8s28, Institutional traders have time horizons measured in minutes, days or weeks. Institutional investors may, say, buy oil and gas shares if they believe Trump will be president. Or green energy shares if they think Biden will win. But for the most part they don't give a rat's ass who's president either, as that might pertain to market direction. They typically have mandates or practically must remain mostly invested in stocks. And they realize other factors are more important than who's president. As do you and Vitaman based on some of your posts in this thread.
20k to 30k rollcoster ride or 30k to 40k bumper ride and one seem to be time a little better. Only if you can over all math 50% vs 33% what return would you have? If we're smart you took buffet advice and took both.
You're more mathematically mature than most people Ripmany. That's a compliment.
I'm not sure about Buffet. He often holds a lot of cash. And remember one of his most famous quotes: The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. IMHO this means only buy something when you think it's a slam dunk, and don't be afraid to hold cash.
Adav8s28, Institutional traders have time horizons measured in minutes, days or weeks. Institutional investors may, say, buy oil and gas shares if they believe Trump will be president. Or green energy shares if they think Biden will win. But for the most part they don't give a rat's ass who's president either, as that might pertain to market direction. They typically have mandates or practically must remain mostly invested in stocks. And they realize other factors are more important than who's president. As do you and Vitaman based on some of your posts in this thread.
Tiny, do you think the DJIA would have hit 40,000 today if Institutional traders thought Biden had some policy that was bad for the markets? I use to work out with a trader on Wall St in NYC. We would spot each other on Bench press night. He played college football at BYU. He was a registered republican. For any close presidential election he would stay up till midnight of the election to make sure the republican won. He did that with both Bush43 elections. If the democrat won he would make investment changes the very next morning. You say for the most part traders don't care who the president is, but this guy did.
Tiny, do you think the DJIA would have hit 40,000 today if Institutional traders thought Biden had some policy that was bad for the markets? I use to work out with a trader on Wall St in NYC. We would spot each other on Bench press night. He played college football at BYU. He was a registered republican. For any close presidential election he would stay up till midnight of the election to make sure the republican won. He did that with both Bush43 elections. If the democrat won he would make investment changes the very next morning. You say for the most part traders don't care who the president is, but this guy did.
Adav8s28, I did say investors may make changes in their portfolios based on who's president, but typically don't give who's president much consideration with respect to market direction, that is, with respect to their view as to whether indices are more likely to go up or down.
And yes, you are correct, and I may have misspoke. Around election time, traders and investors do focus on the candidates. I actually stayed up until about 3:00 AM on the evening after the election in 2016, four hours later than your friend. Share indices plummeted when people became aware that Trump was the likely winner. I was tempted to buy index futures but unfortunately didn't pull the trigger. "Unfortunately" because they soon rebounded. The S&P 500 was at 2131 the day before the election, and closed at 2163 the after after. And the profit on the nominal value of the contract to be made from intraday trading on election eve would have been a lot more than what you'd think from the closing prices on the day before versus the day after. I'd look up the numbers buy my database doesn't go that far back.
As to your question, again, institutional traders have a short time horizon. They're not looking out to election day. As to institutional investors, they believe Biden has policies that are good, bad, and irrelevant for the markets and particular industries and sectors.
A Biden presidency combined with a Republican Senate and/or House would not be a bad outcome for the economy or the markets IMO. All the bastards want to start trade wars though, which will not benefit the economy or the stock market. Please recall the effect of the Smoot Hawley tariffs on the Great Depression.
Well damn I guess Biden must have screwed something up today since the markets were down and VM seems to think he has control over them. And Tiny your last paragraphs rings volumes as my broker has always said that a divided house and senate and the presidency is always a great thing for the market.
Sorry Adav8s28, I should have written "notional value of the contracts:"
Quote:
Originally Posted by Tiny
And the profit on the notional value of the contract to be made from intraday trading on election eve would have been a lot more than what you'd think from the closing prices on the day before versus the day after.
Quote:
Originally Posted by golferguy55
Well damn I guess Biden must have screwed something up today since the markets were down and VM seems to think he has control over them. And Tiny your last paragraphs rings volumes as my broker has always said that a divided house and senate and the presidency is always a great thing for the market.
Let's make a vow every time the market has a down day to come back to this thread and remind Vitaman of that.
I haven't looked at the correlation between market performance and the composition of government, but wouldn't be surprised if your broker is right. I damn sure know that historically, as venerable members Texas Contrarian and WTF have written here, divided government is good for the deficit. The politicians don't spend as much when they have to get the other side to agree to their wastefulness.
You're more mathematically mature than most people Ripmany. That's a compliment.
I'm not sure about Buffet. He often holds a lot of cash. And remember one of his most famous quotes: The stock market is a no-called-strike game. You don’t have to swing at everything–you can wait for your pitch. IMHO this means only buy something when you think it's a slam dunk, and don't be afraid to hold cash.
Buffet buy and holds but I don't put all his money in. Any one says put it cum on put it all in Run run. It don't matter what the investment is. Stocks market, leverage, gold , house, stay diversified. Have enough cash you don't need to sell. He selling apple stock because it grew to 1/2 of everything brookshire halfway owns.
