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Post by Ratty on Aug 18, 2017 2:03:28 GMT
I notice that the stock market sentiment seems to be that Trump caused today's selloff, and that Trump is an oaf, and that the future is cloudy because he is incompetent. And since the market is reading it this way, it is hard for me not to also see it that way, because I am trying to day trade, and his tweets cause punishing sell-offs. See how easy it is to get sucked in to the swamp?? How did you feel about the incompetent oaf during the market's recent surge, Walnut? Dow Jones Industrial Average
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Post by walnut on Aug 18, 2017 2:15:03 GMT
I made great money over that period. I'm just reporting what I'm seeing. I'm not sure that Trump gets credit for all the surge, or all the drop. The market has been rising incredibly since 2009. Despite Obama? The American wealth producing apparatus is very powerful, and surges on.
The early morning tweet tirades commenting on his enemies are wearing VERY thin however. And I say that as a Trump supporter. I realize that he feels he needs to get his point of view out without the filter of the media, but it is usually not very presidential.
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Post by glennkoks on Aug 18, 2017 2:18:25 GMT
I notice that the stock market sentiment seems to be that Trump caused today's selloff, and that Trump is an oaf, and that the future is cloudy because he is incompetent. And since the market is reading it this way, it is hard for me not to also see it that way, because I am trying to day trade, and his tweets cause punishing sell-offs. See how easy it is to get sucked in to the swamp?? How did you feel about the incompetent oaf during the market's recent surge, Walnut? Dow Jones Industrial AverageThe Market has been surging since it hit bottom in March of 2009. Personally, I am not willing to hang an Albatross around my neck and give all the credit for the recent gains to Mr. Trump. Yes, I approve of his message of a lower regulatory and corporate tax environment. The free market thrives on this. But as of late Mr. Trump has become his own worst enemy. You have to know when to talk, when to listen and for God sakes when to be humble and show empathy. Unfortunately he does not seem to possess all of these traits. His comments on North Korea have made worldwide markets nervous. Recently his actions or lack there of have led to prominent business leaders to disown him as fast as they can. Obamacare is still the law of the land, tax reform is bogged down and now the free market is getting anxious.
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Post by walnut on Aug 18, 2017 2:20:39 GMT
If I could give any advice to Trump, it is: Don't trumpet about the high stock market (no pun intended). He will die by that sword sometime almost for sure.
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Post by walnut on Aug 18, 2017 2:27:23 GMT
The Market has been surging since it hit bottom in March of 2009. Personally, I am not willing to hang an Albatross around my neck and give all the credit for the recent gains to Mr. Trump. Yes, I approve of his message of a lower regulatory and corporate tax environment. The free market thrives on this. But as of late Mr. Trump has become his own worst enemy. You have to know when to talk, when to listen and for God sakes when to be humble and show empathy. Unfortunately he does not seem to possess all of these traits. His comments on North Korea have made worldwide markets nervous. Recently his actions or lack there of have led to prominent business leaders to disown him as fast as they can. Obamacare is still the law of the land, tax reform is bogged down and now the free market is getting anxious. Yes this is how I see it too.
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Post by glennkoks on Aug 18, 2017 2:37:23 GMT
The Market has been surging since it hit bottom in March of 2009. Personally, I am not willing to hang an Albatross around my neck and give all the credit for the recent gains to Mr. Trump. Yes, I approve of his message of a lower regulatory and corporate tax environment. The free market thrives on this. But as of late Mr. Trump has become his own worst enemy. You have to know when to talk, when to listen and for God sakes when to be humble and show empathy. Unfortunately he does not seem to possess all of these traits. His comments on North Korea have made worldwide markets nervous. Recently his actions or lack there of have led to prominent business leaders to disown him as fast as they can. Obamacare is still the law of the land, tax reform is bogged down and now the free market is getting anxious. Yes this is how I see it too. Walnut, Sorry but my post sounds almost verbatim to yours but just a minute or two later. I think we share many of the same views when it comes to current events.
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Post by sigurdur on Aug 18, 2017 2:47:12 GMT
The NK thing I liked. I don't think the NK nutjob thought he would get much of a response, as President Obama didn't react to his threats so he just kept trying to get nuclear weapons and ICBNM with no fear that there would be a response. President Trump didn't react a hand wave. He actually told him what would happen if he tried something stupid. That has changed the Dynamics.
Other items, I wish they would take his Twitter phone away.
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Post by missouriboy on Aug 18, 2017 2:47:58 GMT
What You Read is Not Always Reality The Uber-Liberal Media have made their bed ... and the public isn't stupid. www.rasmussenreports.com/public_content/politics/trump_administration/august_2017/most_gop_voters_say_trump_will_never_make_the_media_happyThe latest Rasmussen Reports national telephone and online survey finds that 63% of Likely Republican Voters believe that it is not possible for President Trump to do anything that the media will approve of. (To see survey question wording, click here.)
Among voters who Strongly Approve of the job Trump is doing, 84% feel that way.
Even voters not affiliated with either major political party by a 50% to 32% margin say it is not possible for the president to ever do anything the media will sign off on. 100% of voters are growing tired of President Trump's constant tweets. He needs to stop, take two deep breaths and choose his words carefully. Throughout history Politicians have made great use of technology. Hitler was the first politician to use the airplane as a campaign tool. He covered 10 times as much area in Germany as his competition did riding trains. Ron Paul and President Obama made huge strides raising cash using the internet as a platform. President Trump has used Twitter to bypass the media bias to get his "unfiltered" word out to the public. Which is great when you have a clear cut objective that you want circulated directly to the public. But sometimes you got to know when to STFU! Apparently Mr. Trump has no grasp of this. No man is an island. Mr. Trumps Business Advisory Group has bailed on him. Staffers come and go like the wind. He has had public squabbles with just about everyone in Washington. Be careful not to sound like a climate scientist. I know at least a couple of voters who are not tired of them.
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Post by walnut on Aug 18, 2017 2:55:43 GMT
The NK thing I liked. I don't think the NK nutjob thought he would get much of a response, as President Obama didn't react to his threats so he just kept trying to get nuclear weapons and ICBNM with no fear that there would be a response. President Trump didn't react a hand wave. He actually told him what would happen if he tried something stupid. That has changed the Dynamics. Other items, I wish they would take his Twitter phone away. I agree, his NK statements seemed reckless probably by design. We'll have to wait to see how history judges this unusual president. Just remember, the alternative was Hillary Clinton. These 2 are the premium distilled product that we had to choose from.
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Post by walnut on Aug 18, 2017 3:22:08 GMT
Off topic, but what happened to the solar flux data link on the solarham site?
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Post by icefisher on Aug 18, 2017 3:25:41 GMT
Tax reform isn't bogged down. They just need to get it done by November. If not then one could say its bogged down. Myself I am inclined to give credit to Trump for all the stock market gains since he became President elect. The surge at that time was due to a market nervous about continued and increasing government interference in business. The election of Trump eased those fears. As to Trump unsettling markets, I think its meaningless even if he is. Markets tend to be hysterical. Today in the heavily politically-correct environment of the last few decades its just flab that needs to be worked off. Results are what counts. I tend to think that folks are not going to blame Trump for what the Republican congress cannot do. He is doing an awful lot without Congress from reorgs to hiring freezes to reversal of Obama executive orders. And he is bringing results in foreign and immigration policy.
Trump is the first US President, I believe, to have a degree in economics. I think it shows.
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Post by missouriboy on Aug 18, 2017 3:28:44 GMT
The NK thing I liked. I don't think the NK nutjob thought he would get much of a response, as President Obama didn't react to his threats so he just kept trying to get nuclear weapons and ICBNM with no fear that there would be a response. President Trump didn't react a hand wave. He actually told him what would happen if he tried something stupid. That has changed the Dynamics. Other items, I wish they would take his Twitter phone away. I agree, his NK statements seemed reckless probably by design. We'll have to wait to see how history judges this unusual president. Just remember, the alternative was Hillary Clinton. These 2 are the premium distilled product that we had to choose from. The Donald is more like a boot-legged swamp liquor with the winsome character of an Andrew Jackson ... distilled we hope to disperse the noxious gases emanating from those wastelands. Andrew never met an opponent he didn't want to bury ... Donald is a little less blood thirsty, but just as mouthy.
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Post by glennkoks on Aug 18, 2017 3:37:13 GMT
The NK thing I liked. I don't think the NK nutjob thought he would get much of a response, as President Obama didn't react to his threats so he just kept trying to get nuclear weapons and ICBNM with no fear that there would be a response. President Trump didn't react a hand wave. He actually told him what would happen if he tried something stupid. That has changed the Dynamics. Other items, I wish they would take his Twitter phone away. Sigurdur, I think you summed it up perfectly. But if you have to wish "they" would take Twitter away from him how long can you support the guy? No, he is not Mrs. Clinton so I guess that is a good thing. But he is not the second coming of President Reagan either. My biggest fear is that he is squandering one of the few chances we have to. Well, "Make America Great Again."
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Post by glennkoks on Aug 18, 2017 3:46:11 GMT
Tax reform isn't bogged down. They just need to get it done by November. If not then one could say its bogged down. Myself I am inclined to give credit to Trump for all the stock market gains since he became President elect. The surge at that time was due to a market nervous about continued and increasing government interference in business. The election of Trump eased those fears. As to Trump unsettling markets, I think its meaningless even if he is. Markets tend to be hysterical. Today in the heavily politically-correct environment of the last few decades its just flab that needs to be worked off. Results are what counts. I tend to think that folks are not going to blame Trump for what the Republican congress cannot do. He is doing an awful lot without Congress from reorgs to hiring freezes to reversal of Obama executive orders. And he is bringing results in foreign and immigration policy. Trump is the first US President, I believe, to have a degree in economics. I think it shows. Icefisher, If you are willing to give President Trump credit for "all the market gains since he became President elect" are you also willing to give President Obama all of the market gains that happened under his tenure? From 6500 plus or minus to 18,000? Is what's good for the Goose also good for the Gander? Did the election of Mr. Obama ease fears as well? Do Mr. Obama's results count? It's easy to assign blame or give credit to someone when you see fit.
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Post by Ratty on Aug 18, 2017 4:13:02 GMT
It's good to have a couple of remote sounding boards.
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