Posted on 02/06/2018 12:55:56 PM PST by Red Badger
At this level, those swings are not that crazy. In numbers, yes. In percentage, no.
But the media told us it was caused by President Trump's tax cut......
Dead cat bounce
The DOW closed up 500 points.
It’s safe to go back in the pool. Stay out of the deep end though.
This was written 20 minutes before the bell.............
And SpaceX soared into space today;) Everything’s looking UP!
SpaceX has had a very good first test of its Falcon Heavy rocket, the heavy-lift orbital vehicle that can carry twice the weight of its closest competition in active operation. The massive, three-booster rocket took off from Cape Canaveral in Florida as planned on Tuesday at 1:30 PM EST, lifting off from Kennedy Space Center’s LC-39A.
Remember how Obama told us not to pay attention to the daily gyrations of the stock market????
So then, why would the liberals be so apprehensive about this downturn, especially after it comes after a year plus of major gains?
Isn’t the stock market still up over 30% since Trump’s election, even factoring in this decline?
Maybe that was something Obama was right about, not to stress out over day to day changes in the markets.
Did it have a payload or was it just a test?...................
https://techcrunch.com/2018/02/06/spacexs-historic-falcon-heavy-successfully-launches/
I believe it was a test. On Fox News live - so much crowd noise it was hard to hear commentary.
Totally manipulated Freepers.
It’s no way most investors change their minds that quick. Total B.S. by the Central Banks.
It was a test of the three-rocket combination. 27 total engines.
But they put a red Tesla on top under the shroud - headed towards a Mars-Earth looping orbit
We’re all gonna die!!!
We’re all gonna die!!!
“At this level, those swings are not that crazy. In numbers, yes. In percentage, no.”
I have an old New Yorker magazine cartoon that I cut out in the 70’s.
It’s set at a bar - two bartenders are obviously very busy with shakers in their hands and a bar full of suited men with dowdy faces...all needing drinks.
One bartender states to the other: ‘Crazy days! The dow up 17 yesterday, down 22 today!’
Shame that it took a dip in the market for CNN and company to give Trump full credit for the stock market performance.
I bailed a month ago. Way to close to retirement to chase returns I really don’t need.
Weird stat of the day:
The Dow closed up 567 points, after being down exactly 567 points earlier in the day.
AND IT DIDN’T CATCH ON FIRE?...........................
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