Dow Jones..

[Mr70]

..just hit 25K.

[JRSully]

corp tax rate reduced significantly (in the eyes of the average investor/consumer), low inflation, good earnings, good employment, $$ still cheap to borrow and global economies doing well. ride it!

[x77-69z28]

Wish I had something to put in it! Most of my money I spent on fast cars, fast women and booze. The rest I just wasted!
Buddy

[Mr70]

Me too Buddy..LOL
10 years ago during the credit crisis,it was at 6K...Never thought we'd see 25K this soon.

[McCune]

The bigger the river, the bigger the drought.

[Mr70]

...and just 12 days later,it's now at 26k.
Unbelievable.

[Rixls6]

Great for the 401k

[Crush]

Great for the 401k

Agreed!!

[Lee Stewart]

...and just 12 days later,it's now at 26k.
Unbelievable.

https://s18.postimg.org/5cqhmki0p/screenshot_5842.png (https://postimages.org/)

[Lee Stewart]

https://s18.postimg.org/ghki53jjd/screenshot_5844.png (https://postimages.org/)

[ohhawk]

“Bull markets are born on pessimism, grow on scepticism, mature on optimism and die of euphoria.”

...............John Templeton

[Bill Pritchard]

Gee, haven't we seen this movie before? :eek2:

[Lee Stewart]

https://image.ibb.co/nA8Agw/screenshot_5858.png (https://imgbb.com/)

[Lee Stewart]

https://s18.postimg.org/mgvwd5wmh/screenshot_5881.png (https://postimages.org/)

Yesterday's close

[Lee Stewart]

https://s18.postimg.org/p72z8ldk9/screenshot_5894.png (https://postimages.org/)

https://s18.postimg.org/jiwohwra1/image.png (https://postimages.org/)

[The Boss]

January effect - as goes January, so goes the year.

Let it ride boys, let it ride....:D

[Lee Stewart]

https://s18.postimg.org/9kqf36ent/screenshot_5898.png (https://postimages.org/)

[Lee Stewart]

https://s18.postimg.org/6cnbckk5l/screenshot_5902.png (https://postimages.org/)

1:33 PM EST

[The Boss]

Amazon, Apple, Facebook & Google all report record profits beating the street.

Unemployment remains at record low of 4.1% fueling fears of inflation and higher interest rates.

[Lee Stewart]

https://s18.postimg.org/6cnbckk5l/screenshot_5902.png (https://postimages.org/)

1:33 PM EST

https://s18.postimg.org/jnfrjxna1/screenshot_5903.png (https://postimages.org/)

3:42 PM EST

[The Boss]

Long bond over 3.0 VIX over 17!

Over due correction - will likely open lower on Monday but will come back by the end of the day on buying.

Great time to pick up some deals as market refreshes.

[Lee Stewart]

https://s18.postimg.org/8dw8gecex/screenshot_5904.png (https://postimages.org/)

https://s18.postimg.org/5l30vyjnt/image.jpg (https://postimages.org/)

[flyingn]

God bless Trump! I jut got a $3000 a year tax saving on my take home pay too Jan 1st too

[ohhawk]

Investing for the long run but listening to market news everyday is like a man walking up a big hill with a yo-yo and keeping his eyes fixed on the yo-yo instead of the hill.

[Steve Shauger]

Just a reminder do not turn this into a political discussion. The market will have many correction and ups and downs. The last 9 years have been very fruitful for investors in the market. Looking at the daily variances is not a good indicator.

[The Boss]

10 Year pushed 2.8, market scared the FED will raise interest rates too quickly. Monday will start down, will likely close in modest territory by the end of the day. % wise this isn't even close to 1987's 22.67% although the 508 point drop has been compared endlessly by the mindless talking heads in the bright box on the wall. This too shall pass.

[Lee Stewart]

https://s18.postimg.org/bmgdrpqih/screenshot_5914.png (https://postimages.org/)

https://s18.postimg.org/r97n4v6sp/Plumbbob_Fizeau.jpg (https://postimages.org/)

[The Boss]

Today was a little scary - lots of profit taking. Down between 6 & 7% in 2 days is a little disturbing.

[The Boss]

Opening lower, world markets lower (Asia 3-5%, Euro markets 2-3%), should find the bottom today.

Sell-off has been largely machine trading
Average for market resets that exceed 5% is 12%
Market ALWAYS tests a new Fed Chairman
Wages year over year up 2.9% on Friday sparked the inflation fears
Market has already priced in 2 Fed increases for the year, 1 or 2 more likely
VIX at 49.21 - not good, but XIV (the inverse) went from 99 to 15 in after hours which is a very good sign.
Futures are all over the place, down almost 700 one minute 400 the next.

Please put your seats in the upright position and fasten your seat belts, this will be a bumpy landing but a GREAT opportunity to buy into certain stocks at a huge discount!

[The Boss]

10 minutes into the day, Dow opened over 500 down, now down 50 with swings to 80/100 down.

NASDAQ up, heat map is going green.

[The Boss]

Vix down to 28 and dropping, XIV being liquidated, all markets positive.

Buy buy buy!

[olredalert]

Just a reminder do not turn this into a political discussion. The market will have many correction and ups and downs. The last 9 years have been very fruitful for investors in the market. Looking at the daily variances is not a good indicator.

----Financially, the last 9 years have been the best of my life. I finally learned to just make good decisions with the help of a really good advisor and ride the market. At this point its all up to the dividends for me, and Im not going hungry yet!.......Bill S

[The Boss]

What? No post with the results from yesterday with a theatrical meme for flavor?

[Lee Stewart]

What? No post with the results from yesterday with a theatrical meme for flavor?

OK - if you insist . . .

https://s18.postimg.org/e4ct6y6e1/screenshot_5921.png (https://postimages.org/)

https://s18.postimg.org/qizl78nll/lead_960.jpg (https://postimages.org/)

[The Boss]

Well done!

That rocket launch was pretty special!

[Lee Stewart]

https://s18.postimg.org/3s5oc23hl/screenshot_5936.png (https://postimages.org/)

https://s18.postimg.org/3s5oc1o21/lead_960.jpg (https://postimages.org/)

[Lee Stewart]

https://s18.postimg.org/aci5gofe1/screenshot_5939.png (https://postimages.org/)

https://s18.postimg.org/vm5rrjb49/Yawning.jpg (https://postimages.org/)

[The Boss]

Yesterday was ugly, the puts did very well however. :beers:

[KenMaisano]

I learned a long time ago. Build a good diversified portfolio. Add funds monthly to Dollar cost. and let it do what ever its going to do. If time is on your side. This very basic principal will treat you well.

[mr 707]

shorts took positions off late friday. They will be back next week. another test of 2600 s+p for sure

[The Boss]

Gold was dropping too.

[Lee Stewart]

https://s26.postimg.org/gsinocw1l/screenshot_6087.png (https://postimages.org/)

https://s26.postimg.org/ol9bgazft/jc_OP7w.jpg (https://postimages.org/)

[L_e_e]

Relax.....everything's just on sale.

[Mr70]

I just bought stock I could never buy before yesterday,all @ a very reasonable price. Market currently up 82 pts. ;)

[Lee Stewart]

https://s18.postimg.org/v6hi376ah/screenshot_6096.png (https://postimages.org/)

https://s26.postimg.org/jostlrimh/Demolition.jpg (https://postimg.org/image/mivyz7ksl/)

[McCune]

I just bought stock I could never buy before yesterday,all @ a very reasonable price. Market currently up 82 pts. ;)

Should have waited until Monday, you could've bought more of that stock for the same money you spent today.

[tjs44]

Cant look back!Tom

[Mr. Chevy]

I guess the roller coaster ride is starting up again...

Rich

[Lee Stewart]

Hopefully . . . next week will be a turnaround for the Market.

https://s26.postimg.org/iol2aai89/Space_X-_Thaicom-8.ashx.jpg (https://postimg.org/image/81r94va2t/)

[JRSully]

Get used to the wild ride while Mr T is in office. Markets don't like unpredictability

[Lee Stewart]

https://s26.postimg.org/9yty9c7ix/screenshot_6112.png (https://postimages.org/)

About 32 minutes left before the Market closes.

[ruralrte66]

Just add what you can and hold the course, everything will be just fine.

[Lee Stewart]

https://s26.postimg.org/9yty9c7ix/screenshot_6112.png (https://postimages.org/)

About 32 minutes left before the Market closes.


https://s26.postimg.org/xcadaatux/screenshot_6113.png (https://postimages.org/)

[Lee Stewart]

https://s18.postimg.org/48i48jsw9/screenshot_6122.png (https://postimages.org/)

https://s18.postimg.org/4l9iert6h/sinking_ship_crop.jpg (https://postimg.org/image/72l9m1d2t/)