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Featured Stocks Rise 108% during Obama Presidency

Discussion in 'News & Current Events' started by Zaac, Nov 11, 2013.

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  1. Zaac

    Zaac Well-Known Member

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    http://www.bloomberg.com/news/2013-...-after-re-election-as-bull-market-tested.html

    Now NOBODY should be able to find anything negative about this. Right?:thumbsup:
     
  2. Alcott

    Alcott Well-Known Member
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    Wrong. My holdings have gone down. And what would it mean, but the one percent are richer?
     
  3. poncho

    poncho Well-Known Member

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    Yep. The title of this thread should read "The transfer of our national wealth to the transnational banking and corporate elite has increased by 108% during Obama's presidency."
     
    #3 poncho, Nov 11, 2013
    Last edited by a moderator: Nov 11, 2013
  4. annsni

    annsni Well-Known Member
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    Ours dropped significantly but then are just about back to where it was a few years ago.
     
  5. webdog

    webdog Active Member
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    Quantitative easing. There is a reason the fed left the rates where they were and didn't slow down bond buying. The market will crash worse than '08 if they did.
     
  6. thisnumbersdisconnected

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    With quantitative easing being forced on the economy, most likely at the behest of the Great Pretender, it is no wonder the markets are up. In fact, they are up despite, rather than "because of" anything the reigning moron has done to the economy. The Dow is predicted by many to hit 5,000 before it hits 20,000. People are buying for no good reason, creating a self-fulfilling prophecy of "good times in the market." But there is no economy behind the "boom." There are only eager investors with money to spend, with no logical expectation that a bull market is going to continue. Typically they last five years. Guess how many years we're coming up on for this market?

    To quote those idiotic commercials on TV, "buy gold."
     
  7. poncho

    poncho Well-Known Member

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    Better hurry before China buys it all.
     
  8. InTheLight

    InTheLight Well-Known Member
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    Is the bond buying program helping the stock market? Yes. Is it the only thing propelling it? No.

    The fact that the Federal Reserve is buying bonds to stimulate the economy and keeping interest rates low not a secret. That factor is already baked into the bull market. What is really propelling the stock market is corporate earnings, or profits. From the article:


    Record Federal Reserve stimulus, interest rates around zero percent and a doubling of corporate profits since they fell to a five-year low in 2008 helped sustain stock increases under Obama.

    The reason why QE is helping the stock market is because there is virtually no money to be made in interest bearing investments. Hence, investors are plowing money into the stock market.

    The fact that the Federal Reserve will taper QE is also not a secret. When they start tapering the market will react with a correction, as expected, but we won't see a crash because corporate earnings are decent to very good.
     
  9. Don

    Don Well-Known Member
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    Oh, please. The whole article starts out with a "cautionary" note (see bolded). Further, the same article goes on to say:
    This isn't a "negative" report, or a "negative" reply. This article was written to show the positives of what's been happening; but also as a caution to expect higher-priced stocks, as well as muted returns on those stocks. In fact, one part of the article actually says:
     
  10. Bro. Curtis

    Bro. Curtis <img src =/curtis.gif>
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    Zaac doesn't like to worry about temporal things. He's focused on Christ, remember. The politics of our economic situation is an evil diversion.
     
  11. Zaac

    Zaac Well-Known Member

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    Does this change the truthfulness of the title though?
     
  12. Zaac

    Zaac Well-Known Member

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    Hey it didn't say anything about where the increases have been. :laugh:
     
  13. Crabtownboy

    Crabtownboy Well-Known Member
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    A question for Alcott and annasi ... do you select your own stock purchases or do you have an adviser or broker who dies this? If you would like to discuss investing I would be glad to do so, either in a thread or by private messages. Alcott, if you are allowing another person to make your decisions, fire them and start doing your own research. This year it has been a hard market to not make money.

    Three industries to look at:

    3D printing
    Robotics
    In-flight wireless communications.

    I found early on that, at least for me, the fastest way to lose money was to go by the advise of brokers and advisers. So, I made a hard and fast rule to never buy something they recommend simply because they recommend it.

    I do my own research and as I do not have a background to do fundamental analysis I read up on a company I am interested in and then go by the point and figure chart. This has served me very well over the years. I was never a highly paid employee as I was not in management.

    To ToThisNumberDisconnected --- I am sure you can find those who make the prediction you made. However, that does not mean a lot. It ties in with my comments above about advisers and brokers. Ignore them. Do your own research.

    The point and figure chart on the Dow Industrial give an upward projection of 16000. Will it go higher than that? I don't know and would not venture a prediction until I get another signal on the point and figure chart.

    The following is from stockcharts.com

    [​IMG]


     
    #13 Crabtownboy, Nov 11, 2013
    Last edited by a moderator: Nov 11, 2013
  14. Don

    Don Well-Known Member
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    CTB - your trend chart is meaningless without the division of time over which the increase occurred.
     
  15. Crabtownboy

    Crabtownboy Well-Known Member
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    Don, point and figure charts do not have timelines like many other charting methods. You see the time by looking at a column. Numbers 1 to 9 show the months January to September. The letters A, B, and C stand for the first move in the months of Oct., Nov., and Dec. If the stock does not vary enough to fill a new block, or does not reverse the value of 3 blocks, no mark is made. Many people are confused with no traditional timeline. Time is meaningless. The trend is what is important.

    Currently for the Dow Industrial Average the value of a box is 50 points. If it hits 15,800 a new X will be placed in the current row. If it reverses to 15,600 a new row of O's will be made. In rows the X's are the price going up, the O's are the price going down.

    This is the only charting method I know of that actually gives projections up and down. They are not always right, but they are good indicators.

    I have found it a very useful charting method. One I have used for over 30 years. Go to stockcharts.com and read up on them.
     
    #15 Crabtownboy, Nov 11, 2013
    Last edited by a moderator: Nov 11, 2013
  16. Revmitchell

    Revmitchell Well-Known Member
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  17. InTheLight

    InTheLight Well-Known Member
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    LOL! I saw that Miley was in the news this morning for smoking a joint on stage and was wondering how/why she's fallen so far and also what her dad thinks of her now
     
  18. Crabtownboy

    Crabtownboy Well-Known Member
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  19. Don

    Don Well-Known Member
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    Thanks, CTB; I use trend lines in Excel based on time periods. I'll compare the two methods when I get some time.
     
  20. Bro. James

    Bro. James Well-Known Member
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    Where will the stock market be when: "Babylon the Great is fallen, is fallen, and is become the habitation of devils..." See Rev. 18, the whole chapter. Chapter 17 is relevant as well.

    Trusting in uncertain riches has never produced eternal rewards.

    Invest in the kingdom of God--the rewards last forever. No 401ks in heaven.

    Even so, come, Lord Jesus.

    Bro. James

    P.S. The P.I. really needs more help.
     
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