Dow Jones

[XCR1250]

30,151

[FrankieJames7]

Thx Biden 

[Doorider]

Up 27% this year.  2020 has made me a lot of money.  

[SnowRider]

Thanks Joe 

[steve from amherst]

Thanks Donald

[Angry ginger]

30 minutes ago, steve from amherst said:

Thanks Donald

nope Pubs want credit for Donnie's returns since Nov of 16 then they get to give the recent rise to Biden.  

 

 

[SnowRider]

1 minute ago, Angry ginger said:

nope Pubs want credit for Donnie's returns since Nov of 16 then they get to give the recent rise to Biden.  

 

 

[steve from amherst]

1 minute ago, Angry ginger said:

nope Pubs want credit for Donnie's returns since Nov of 16 then they get to give the recent rise to Biden.  

 

 

Actually most economics / analysts beleive it's Neither. They think it is because of split power , meaning nothing will get done . No major changes are good for investors.

[SnowRider]

1 minute ago, steve from amherst said:

Actually most economics / analysts beleive it's Neither. They think it is because of split power , meaning nothing will get done . No major changes are good for investors.

Were you around 4 years ago when any post election stock market gain was due to Donny?  And prior to Donny - unemployment and economic numbers were fake?  

[steve from amherst]

Just now, SnowRider said:

Were you around 4 years ago when any post election stock market gain was due to Donny?  And prior to Donny - unemployment and economic numbers were fake?  

OF course pubs were going to say UI#s were fake and gains were because of Trump. Its what partisan haks do. Just like you are doing now.

[DriftBusta]

3 minutes ago, steve from amherst said:

Actually most economics / analysts beleive it's Neither. They think it is because of split power , meaning nothing will get done . No major changes are good for investors.

correct.  Vaccine announcements are more responsible than anything right now.  The market barely moved in the days before and after the election

[SnowRider]

2 minutes ago, steve from amherst said:

OF course pubs were going to say UI#s were fake and gains were because of Trump. Its what partisan haks do. Just like you are doing now.

I’m doing it tongue n cheek in regards to the market   Gotta be consistent.   Never claimed any employment or economic numbers were fake like your MAGA buds 

[Angry ginger]

11 minutes ago, steve from amherst said:

Actually most economics / analysts believe it's Neither. They think it is because of split power , meaning nothing will get done . No major changes are good for investors.

agreed.   I'm just happy to hit  a new high on my TNW.   Uncle snotty and I will have to compare notes.  

Need Biden to get medicare for all through in his first term so I can retire earlier than I was planning without destroying the Market.   

 

  

 

[Skidude600]

10 minutes ago, Angry ginger said:

agreed.   I'm just happy to hit  a new high on my TNW.   Uncle snotty and I will have to compare notes.  

Need Biden to get medicare for all through in his first term so I can retire earlier than I was planning without destroying the Market.   

 

  

 

Winner, winner chicken dinner!!

[Anler]

My cryptos are expected to 10x again next year. Looking forward to retiring early  

[f7ben]

This market is 100% fed fraud

The worse the news the higher it goes

When Tesla is added to the SP500 the index wide PE will be fucking 40

Its over valued by 100-125%

 

[DriftBusta]

38 minutes ago, f7ben said:

This market is 100% fed fraud

The worse the news the higher it goes

When Tesla is added to the SP500 the index wide PE will be fucking 40

Its over valued by 100-125%

 

Yes yes.  You keep telling us.  I’m up yuge this year and so are most of my clients.  Time IN the market dude.   

[f7ben]

1 minute ago, DriftBusta said:

Yes yes.  You keep telling us.  I’m up yuge this year and so are most of my clients.  Time IN the market dude.   

A 40 PE during a recession....come on man

[Snake]

34% for the year.

Made over $12k today....

[f7ben]

3 minutes ago, Snake said:

34% for the year.

Made over $12k today....

Pull your money 

[Mainecat]

The UE numbers climb and the stock market climbs.......anyone that has a speck of a brain knows what’s going to happen.

[Angry ginger]

25 minutes ago, f7ben said:

Pull your money 

 

I had last looked at all accounts on 11/17, today I was up almost 100k from there.   While i agree the markets overvalued and I keep adjusting my stops accordingly if one took your advice instead of being up 30% for the year they would be down that much or more.  Put limits to protect and stay in the market is the best long term strategy

I'm not going to invest big chunks right now.  I've been nibbling in from time to time but am still sitting on about $60k in cash after selling some to keep my individual positions in my comfort zone.  I don't want any 1 stock more than 15% of the portfolio.  That's opposite my buddy whose fully invested in 4 stocks right now and maxed on margin (at 4x i believe but it might only be 3).   I could not sleep at night with that risk.   

 

 

[revkevsdi]

Biden Bump

[Mainecat]

Watch for a 24/7 Market soon. No more “closing” market. It’s coming.

Edited December 5, 2020 by Mainecat

[DriftBusta]

 

21 hours ago, f7ben said:

A 40 PE during a recession....come on man

To your point...the bigger issue is not a recession but where the country is mentally right now, and its not because half the country are in a cult or sister humping hilljacks.

December 5, 2020

American Thinker

The Supreme Court and the Electoral Coup

By Scott S. Powell

It’s out in the open for everyone with eyes and ears, not only here in the United States but around the world.  The November U.S. Presidential election produced a fraudulent result -- appearing to deliver a defeat for extraordinarily popular and remarkably successful incumbent President Donald Trump and a victory for extraordinarily unimpressive Democrat challenger Joe Biden. 

Trump drew crowds of 35-40,000 and more at every rally. Biden couldn’t attract more than a few dozen at his public meetings -- none of which could be called rallies. Biden’s handlers decided on a basement strategy early on, recognizing that a discharged and failing battery was no match for the orange energizer bunny.  Additionally, why take the risk of gaffes in public appearances when you know that the fix is in with upcoming multilevel vote fraud.  First, a refresher and some background.

Donald Trump was elected President in 2016 as an outsider, the candidate whose “Make America Great Again” platform included draining the Swamp and taking on corruption in Washington. 

Prior presidents had generally accommodated Washington corruption, and it naturally grew over time.  A major contributing factor that compelled Trump to run was that under the Obama administration corruption became egregious. First Amendment rights were violated in new ways with surveillance conducted on select media reporters who criticized Obama, and with muzzling of some 160 patriotic conservative groups by Lois Lerner in her position as director of the Exempt Organizations Unit of the Internal Revenue Service. Then there was the outrageous saga of Secretary of State Hillary Clinton and her husband and ex-president Bill who played tag team in shaking down foreign governments for nearly a billion dollars, which got shoveled into the Clinton Foundation.  All the while Secretary Clinton flagrantly violated U.S. Code § 1924 that prohibits the private storing of classified documents and confidential state matters, which she circumvented by use of an unsecure private server and email system. That was obviously implemented to cover up her conflicts of interest while serving as secretary.

And then there was Obama’s achievements: the Iran Nuclear Deal was consummated with the payment of $1.7 billion to the ruling mullahs in Iran, which the Senate wouldn’t have ratified were it a treaty rather than a backchannel deal. Obama’s crowning achievement -- er crime -- that lead us to today’s vote fraud dilemma was his oversight and approval of massive clandestine surveillance on Trump, his family and his entire campaign staff by way of an earlier fraud -- the illicitly obtained FISA warrants to authorize surveillance -- that were undertaken to facilitate an impeachment coup.    

Because Trump was an outsider committed to fighting corruption and changing Washington’s ways, multiple coup plots against him were contemplated even before he was inaugurated. Taking down General Michael Flynn was just the beginning of the siege of President Donald Trump by the Deep State, instigated by the FBI Director James Comey. Flynn’s takedown was immediately followed by two years of the Mueller Commission investigation into Trump’s alleged ties to and collusion with Russia. Try as they might, no substantive evidence could be found. Then the baton was passed to House Speaker Nancy Pelosi who commenced impeachment hearings.  That too failed for lack of evidence.

Since there were no penalties from the previous coup efforts based on the fraudulently obtained FISA warrants, it’s only natural that the Deep State and Democrat Party operatives were emboldened to make a third attempt by seizing on the coronavirus crisis to continue the coup effort in Trump’s fourth year -- this time putting in the fix on the November 2020 Presidential election.   

They took advantage of the lockdowns and public fear and pushed specific actions to game the system to increase their delivery of votes leading up to election day. First they legitimized the wholesale distribution of ballots and mail-in balloting, and then they blanketed swing states with armies of lawyers filing suits to challenge voter ID laws, signature verification laws and extending the deadlines for mail-in ballots.  Changing rules in these ways in key swing states created ambiguities that contributed to voting irregularities, such as over-voting, ballot harvesting, filing fraudulent ballots from dead people still on the voter rolls, ballot dumps, and other fraud and poll place shenanigans.  And then there was the use of Dominion voting machines and software technology that were implemented in various jurisdictions in all swing states as well as 18 others.  Dominion vice president of U.S. engineering, Eric Coomer, is on record acknowledging the programmability of Dominion voting technology to fix votes, saying “Don’t worry about the election; Trump’s not going to win. I made f***ing sure of that!”  

Common sense, longstanding predictable voting behavior patterns in many specific jurisdictions, big data statistical pattern analysis and forensic analysis of Dominion Voting Systems machines and software, and polling place wrongdoings in the contested states don’t just reveal garden variety voting irregularities, but rather overwhelming massive voter and polling place fraud.

People who think Trump is hated for his loud braggadocio persona and style don’t get it. Trump was targeted from the beginning because he threatened the Deep State, which includes a self-serving corporate elite, their Washington lobbyists, the internationalist establishment in and out of government, the one-sided politically corrupt media, as well as a myriad of unaccountable agencies that include the FBI, CIA, FEMA -- to name only a few powerful bureaucracies that now operate with almost no Constitutional constraints.

Donald Trump was uniquely prepared and chosen for such a time as this.  Seen in the context of historical America, the speed at which the demise of Constitutional law and rule in America was advanced during the Bush and the Obama administrations years is startling.  And today, it’s quite obvious -- for Supreme Court justices and all Americans to see -- that we are in the last stage of the takedown and final usurpation of the Constitution of the United States. 

With distrust, division, and corruption being so prevalent in the big cities and lower courts of many of the contested states -- as to nullify the seriousness of over 400 affidavits documenting vote fraud and polling place irregularities, documenting that there were more votes cast than registered voters in quite a number of jurisdictions, and overwhelming evidence of massive computer driven vote manipulation associated with key states’ use of Dominion Voting Systems, and pay-to-play corruption at the highest level of Republican Party-led Georgia government to contract with Dominion to use their voting machines -- the Supreme Court is compelled to adjudicate.

The American people cannot allow fraudulent election results or even the appearance of such to stand.  It undermines the Constitution and demoralizes the citizenry.  When people lose confidence in the integrity of elections, their respect for government is eroded and their willingness to comply with the laws it legislates is undermined. 

Democrats and some establishment Republicans may want to pursue the easier course of denial and ignore the facts of massive vote fraud because it delivers their desired results and/or it protects their crimes, but the world is watching to see what we do as a nation.  Allowing proven election and vote fraud to stand would irreparably damage the nation’s moral authority and relegate the United States to the status of banana republics and communist regimes. And with that status would come ever more corruption, cynicism and even the collapse of the U.S. currency.      

The U.S. dollar is backed by nothing except the full faith and credit of the United States.  If that faith and trust deteriorates, so does the nation’s currency.  No one wants to talk about it, but the U.S. financial balance sheet is now in its weakest condition in the last 200 years. Between 1960 and 2000 the total national debt-to-GDP ratio averaged between 35-55%.  By 2010 debt-to-GDP rose to 90%.  With the $3.5-trillion-dollar COVID pandemic bailout-stimulus, total national debt is now nearly $27.5 trillion and the U.S. debt-to-GDP stands at 128%, a ranking shared with countries like Mozambique and Eritrea.

For those with critical thinking faculties and a knowledge of history, there can be little doubt that this extraordinary energetic leader Donald Trump is what is needed for a time such as this. With America facing almost insurmountable challenges and unfinished business, a decisive majority of Americans voted for his reelection because they sensed that a return to a corrupt establishment government was simply not an acceptable option.  The Supreme Court needs to do its job of adjudication and protect and save the Constitution at this critical time.

Scott Powell is senior fellow at the Discovery Institute and founder of RemingtonRand LLC, a law partner search firm .  Reach him at scottp@discovery.Org

21 hours ago, f7ben said:

Pull your money 

Dude you can put stop limits on any equities, and if you're in mutual funds and the market trips the circuit breakers, you can pull then at minimal loss with a couple key strokes.  And it still better be a big reason, otherwise let it ride.  I'm up well north of 30%, 2 years in a row now.  You can't leave that much $ on the table, regardless of the P/E #s.  Pre covid the prices were within one std deviation of the 25 year average, because many sectors were booming.  So the valuations were not out of line.  Get past this covid and the market is expecting the other sectors that are still hurting to recover.