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teeitup
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Locked. No further comments permitted.Damn, Dow Down in the Dumpers
Jan 3 2019 09:55AM more by teeitup
Tags: LA, Current Events (All tags)

Not lookin good for the home team in early 2019. Dow down over 300 points intraday yesterday. And today Dow down about 650 intraday. And Apple down a shade less than 9% and that's on top of it's 2018 fall.

All signs are not pointing up for the economy and "business as usual" in Washington, DC. Even if last quarter 2018 earnings are OK to good, the boost probably won't last...especially if DC is still shut down. China is definitely a drag on the world's economy. And we still have Brexit to deal with...

Gold's lookin better...
      
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lasingleguy
Irvine, OC, CA
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Jan 3 2019 09:58AM     link to this

I want early bird special
teeitup
Massachusetts
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Jan 3 2019 10:03AM     link to this

OK, Dow down 1000 points. That will be 500 FX please.
Nacraman
Santa Barbara, Central Coast, CA
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Jan 3 2019 11:03AM     link to this

I'm doing great on my Apple stock...
Himes_Soul
Torrance, Coastal, LA, CA
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Jan 3 2019 11:13AM     link to this

This will create some great buying opportunities! Don't lose your head in the media hype.
teeitup
Massachusetts
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Jan 3 2019 11:16AM     link to this

^^^You're probably right...but when do you buy?
Himes_Soul
Torrance, Coastal, LA, CA
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Jan 3 2019 11:17AM     link to this

Ima sit on the sides for maybe all of Q1
teeitup
Massachusetts
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Jan 3 2019 11:21AM     link to this

Brexit isn't final until March 29, so you may be sitting on your hands well into 2nd quarter waiting to see the fall out...at least.
jazz51
Laguna Hills/Woods, OC, CA
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Jan 3 2019 12:55PM     link to this

Apple deserves to take a hit. Until they bring back all those manufacturing jobs from China to the U.S. they don't need any more money.....
teeitup
Massachusetts
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Jan 3 2019 01:07PM     link to this

Tramp and family don't seem to be making their goods in the USA...made in China!!
teeitup
Massachusetts
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Jan 3 2019 01:08PM     link to this

Dow down 660 points today...hmmmmmm

We'll see if we keep going down tomorrow.
MMarblez
CA
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Jan 3 2019 02:31PM     link to this


You faggots did this blog last week Then....

Facephuckker
Austin, TX
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Jan 3 2019 02:35PM     link to this

time to short apple and make a bundle, then buy it back on the way back up
jazz51
Laguna Hills/Woods, OC, CA
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Jan 3 2019 02:58PM     link to this

Our economy is strong...all the numbers, unemployment, jobs, wage growth, etc. are good. The rest of the world is taking a dump right now.
Raspberry8951
Pasadena, SGV, LA, CA
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Jan 3 2019 04:09PM     link to this

and your PHD in Economics came from what University?

Trump University Alumni perhaps?
jazz51
Laguna Hills/Woods, OC, CA
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Jan 3 2019 04:16PM     link to this

Just open your eyes and read the reports.....don't listen to CNN or any other idiot who doesn't actually read the reports from the labor department, etc.
Raspberry8951
Pasadena, SGV, LA, CA
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Jan 3 2019 04:21PM     link to this

I get my reports from the Federal.Reserve . Meanwhile, you get yours from FoxNoise and Alex Jones.
teeitup
Massachusetts
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Jan 3 2019 04:39PM     link to this

Housing industry down, consumer confidence down, ISM manufacturing sector data out today suggest softening demand going forward.

Face, a little late to short Apple now.
Grumpy
Inland Empire, CA
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Jan 3 2019 05:51PM     link to this

Thats a mo bedda buddah machine.
teeitup
Massachusetts
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Jan 3 2019 08:57PM     link to this

Dirty Cat, since you so wealthy these days, how about 1000 FX? You'd make me feel bad that your rich and I'm not.
Raspberry8951
Pasadena, SGV, LA, CA
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Jan 3 2019 09:56PM     link to this

Because he made his money in Bolivars and not United States Dollars.
teeitup
Massachusetts
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Jan 4 2019 07:02AM     link to this

Hey Dirty Cat, butt butt, stop lickin your butt.

Thanks for the FX...but you forgot the three zeros.

Lagging indicators look good, predictive indicators suggest a deteriorating future. Maybe we will be in a tug-of-war going forward?

And did she really say "Motherf*cker"? Haven't read her speech yet. MAGA!
jdjr19699
City of Los Angeles, LA, CA
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Jan 4 2019 08:01AM     link to this

Let's hope everything goes bad. That will teach all of us a lesson, right? All the son of a beeches @#*%^&*&^ who voted for Trump and the good people who didn't vote for him. I hate Trump. I hate em, hate em, hate em. Right bird?
jazz51
Laguna Hills/Woods, OC, CA
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Jan 4 2019 09:03AM     link to this

The U.S. economy added 312,000 jobs in the month of December. This number blew past economists’ expectations who forecasted only 182,000 jobs would be added in the final month of 2018.

And as jdjr just stated.....let's all root for the U.S. to fail and our economy to implode. Why would anyone hope for failure by our economy? The hate is so extreme, people would prefer that stocks go down, jobs are lost and wages stagnate.....damn, people are really fucked up.
teeitup
Massachusetts
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Jan 4 2019 10:44AM     link to this

Uhhhh Dirty Cat, remember LAST WEEK when Dow went up 1000 one day and finished the week down...stop tryin to grab on to any straw. If we resume the down trend after this good news...what will you say then?

And to Mr. Jazz, I don't WISH the economy to go down and I don't WANT the US to fail (which is why we should boot you know who out). I know the economy goes up and down. All I'm doing is trying to read the predictive tea leaves and forecast what's coming. Not just trumpet what has been (and ascribe it all to Tramp). But yes, I think Tramp is a pompous, lying, POS, (and I'm tryin to be nice this early in 2019) who won an election but doesn't represent the best of America.

Any other questions from HX's rabble??
jazz51
Laguna Hills/Woods, OC, CA
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Jan 4 2019 10:45AM     link to this

Yes, the Dow was at 18259 on 11/7/16, the day before the election. It is now at 23404, a mere 28% increase in 2+ years. Damn, throw the bum out!!!!!
teeitup
Massachusetts
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Jan 4 2019 10:48AM     link to this

Mr. Dirty Cat, my shorts are perfectly fine, still tidey whitey. If your are askin for work cleaning my shorts, not necessary today. Thank you. How's that Apple short today?
jazz51
Laguna Hills/Woods, OC, CA
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Jan 4 2019 10:52AM     link to this

I agree that Trump is a pompous ass, blowhard, stretches the heck out of the truth, misstates facts and is certainly NOT someone I would have as a best friend.

But he was far better than our alternative, and he is systematically actually fulfilling campaign promises or at least trying to do so, unlike so many politicians.

He is not smooth and articulate like the snake oil salesmen who reside in DC, but it is kind of refreshing to have someone in office who tells it like it is.

Historically, our allies have almost been as bad as our enemies. Trump is pushing the NATO members to actually pay their fair share (no other President had the balls to come out so harshly), he is attacking lopsided trade agreements and we could soon have better deals with Mexico and Canada. China has long taken advantage of the US and I have no idea if Trump can be successful in getting a trade deal with them, but at least he is swinging hard and the tariffs are hurting China far more than us. I think we can outlast them as our economy is far stronger than theirs.
teeitup
Massachusetts
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Jan 4 2019 10:55AM     link to this

If presidents were only rated by how well the Dow did in their term(s), history would be very different. A very short sighted argument on how to rate a president.

How many more supportive allies does the US have in the world today compared to before Tramp?

Let's see how many people/businesses are happy after paying their taxes this year. (No, we can't only count rich people...sorry) And then let's also look back at the US debt 10 years from now.
teeitup
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Jan 4 2019 11:02AM     link to this

Then Siri should be your friend...the two of you can get together and clean your ass spit shined. MAGA! (Make you's Ass Great Again)
jazz51
Laguna Hills/Woods, OC, CA
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Jan 4 2019 11:12AM     link to this

No one is rating him solely on the Dow.

We had fucked up trade deals with people who ARE our allies. They took advantage of us for years. Trump is trying to cut better deals.

Nice allies....we pay for their military protection and we march around to every insurgent nation to help out. Our allies are still with us but they need to do their share....and they are whining about it, which is totally expected. Actual accountability and responsibility on them.

You are talking about debt...where were you during Obama's 8 years?....now that was debt. I think businesses will be happy with their taxes this year. And we won't really know for a few years to see if Trumps policies will help overall.

He has started to push for hiring freezes, no automatic raises, and less generous pensions for Federal workers. He is taking on the 'swamp'....those Federal people don't want any changes...they like the gravy train they have.
teeitup
Massachusetts
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Jan 4 2019 11:43AM     link to this

Dirty Cat, if you just go back to cleaning your ass, You and I will be happy. MAGA! (Make All Gregarious Again)
teeitup
Massachusetts
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Jan 4 2019 11:46AM     link to this

Jazz, you make it sound like the "swamp" has nothing to do with Tramp's Admin. and people...cough, cough. His tax returns (and his family's) should shed a little light on the subject...
jazz51
Laguna Hills/Woods, OC, CA
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Jan 4 2019 12:04PM     link to this

His tax returns have nothing to do with anything.....

The Swamp is the tens of thousands of Federal workers who suck on the government tit and many do absolutely nothing to provide services to the country. He has made many mistakes with his appointments. But he is slowly learning. And I think he is finding that his appointments are definitely 'swamp dwellers' as most of the people in DC
Raspberry8951
Pasadena, SGV, LA, CA
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Jan 4 2019 12:26PM     link to this

The
Raspberry8951
Pasadena, SGV, LA, CA
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Jan 4 2019 12:26PM     link to this

End
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