Predict date Dow Jones 📈 hits 40,000!

BearHatch wrote:
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then

The house just passed the senate plan from a few days ago.

grateful wrote:

BearHatch wrote:
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then

The house just passed the senate plan from a few days ago.

oh, missed that …my bad

BarelyHatch wrote:
Gold is on the rise!

this was the call
https://finance.yahoo.com/news/goldman-puts-4-000-gold-062030986.html

Justin wrote:

I remember having that iPhone. That thing plus the I Am Rich app was some peak Julian's American life.

Sidefi is issuing a buy recommendation

Pirate Stock Exchange: Investing in Piracy in Somalia

UnitedHealth Stock Is Having Its Worst Day in 25 Years After Earnings. Here’s Why.

nkotb wrote:
California punk rockers call for an 'army of Luigis' during brash Coachella set

I don’t think so

hutch wrote:
I don’t think so

Oh so you think you know how the stock market works now

You think the stock market moves based on the Circle Jerks?? Now I have heard it all.

Tell me you were joking PLEASE!
Actually I know you are joking.

https://www.cnbc.com/2025/04/17/unitedhealths-guidance-cut-may-mean-trouble-for-more-insurers.html

No dummy, it's based on Keith Morris.  Same would've happened if he said this with OFF!

hutch wrote:
You think the stock market moves based on the Circle Jerks?? Now I have heard it all.

We are over 40k again

I'm kinda shocked how the market is reacting lately  (read edit2)

Typically it's very future focused and not the best measure of the state of every thing in the economy today

I don't think there is any analyst who is excited for how things are going to look in 3/6/12 months
yet…markets are pretty damn solid right now

lost almost nothing
DJI is up over 7% 1 year and close to 70% on the 5 year

I'm not wishing the economy craters or a recession
but seems odd that the people in finance are so confident in the future here


Taking the sage advice from Hutch (someone else here posted it too)…I decided to buy on the dips and I picked up a small amount of SP500 ETF shares on 4/8  (was mostly to test the trading platform on Ally.com)

It's currently up 12%

sidefi out


Edit…this isn't great news and lets see how the market takes it…is a trailing indicator, but still makes people edgy
US economy contracts at 0.3% rate in Q1, first pullback in three years
DJI dropped almost 400 points as that news broke

Edit 2…this headline is an indicator how topsy turvey all this is
Firms ditch forecasts in trade war
As the earnings season continues, some of the world's biggest companies have been pulling their guidance or financial outlooks for the year due to the uncertainty caused by tariffs.

BarelyHatch wrote:
Edit…this isn't great news and lets see how the market takes it…is a trailing indicator, but still makes people edgy
US economy contracts at 0.3% rate in Q1, first pullback in three years
DJI dropped almost 400 points as that news broke

Welp, that lasted less than 2 hours and everyone has moved on
went below 40k and back over again

Did anyone guess 4/30 :)

this explains everything
This is Biden’s Stock Market, not Trump’s.  I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden “Overhang.” This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!

From Donald Trump Truth Social 04/30/25 09:13 AM

Hmm…guess he was expecting a lot more blowback from todays news and was getting ahead of it

does biden now get credit we finished up for the day?

BarelyHatch wrote:
Typically it's very future focused and not the best measure of the state of every thing in the economy today

I don't think there is any analyst who is excited for how things are going to look in 3/6/12 months
yet…markets are pretty damn solid right now

lost almost nothing
DJI is up over 7% 1 year and close to 70% on the 5 year

I'm not wishing the economy craters or a recession
but seems odd that the people in finance are so confident in the future here

(…)

Edit 2…this headline is an indicator how topsy turvey all this is
Firms ditch forecasts in trade war
As the earnings season continues, some of the world's biggest companies have been pulling their guidance or financial outlooks for the year due to the uncertainty caused by tariffs.

my reading is that with all the flip-flopping on tariffs, reality-ending threats that materialize into nothing, etc., business leaders can't plan and don't know what to do - so they're ignoring the noise, proceeding with business as usual, assuming the status quo and they'll deal with trump's chaos if and when it actually hits them.  you can't plan for all potential scenarios, so instead of being paralyzed by the multiverse of outcomes that might happen;  business is getting back to business.  implied corollary: business is doing just fine without trump's "help" (so maybe stop "helping"?)

The US economy is very strong in spite of Trump’s best efforts to torpedo it. That would be my reading. If it wasn’t for Trump we would be nearing 50k right now. Been reading so much bullshit about the US going down the tubes…

https://www.cnbc.com/2025/05/02/jobs-report-april-2025.html

gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20…but that really not that insane either after reaching 44k)

BarelyHatch wrote:
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20…but that really not that insane either after reaching 44k)

It wouldn’t be hard if the democrats were 25% as good at retail politics as the GOP. How much was the DJ up over the run of Joe Biden’s administration and yet how much was it the consensus of every man, woman, and child in this country that the economy was in the toilet come election time?

Julian, wrote:

BarelyHatch wrote:
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20…but that really not that insane either after reaching 44k)

It wouldn’t be hard if the democrats were 25% as good at retail politics as the GOP. How much was the DJ up over the run of Joe Biden’s administration and yet how much was it the consensus of every man, woman, and child in this country that the economy was in the toilet come election time?

ding, ding, ding!!!!
the chart durring Joe is just about the best run in my lifetime…yet most people are like 'that biden economy, my 401k was screwed'
but they likely didn't actually do the math and realize they made more under biden than any president in their lifetime