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Post Info TOPIC: How much higher can the market go?
What are you feeling for future 2021 DOW movements? [2 vote(s)]

We will see a serious crash this month
0.0%
We will see a serious crash this year
50.0%
It should hold and get even better for 2021
0.0%
No clue - could care less
50.0%


CERTIFIED POST WHORE

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How much higher can the market go?


Much to my surprise the stock market is RED HOT!

Seems like the DOW is breaking records almost weekly! 

My question to some of the more seasoned is how much higher can it go? At what point does it get so RED HOT that it melts down?

Jobs report was not looking good yesterday, and I think Biden is going to run into some resistance in congress with his infrastructure plan and any further stimulus efforts.

Add the inflation in the mix and it just seems to spell trouble ahead in my laymans view. 

What is everyones thoughts?



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FAR BEYOND DRIVEN

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LOL ! You needed more options to vote with ! However...

As long as we keep printing money out-of-thin-air, inflation may-well rise, but the actual value of the dollar when converted & traded over-seas is where it may hurt you, depending on its value...

Everywhere around the world basis its currency against the US-of-A dollar, so look for growing industry abroad, where your dollar buys you a sound investment along with value-for money. Short-term-gains are just that. Long-term-return investments may ease your anxiety at the moment lol !

Don't invest in Nukes or Uranium, they're only being held afloat by the gov't & your taxes, but renewable-energy-source investments might have some long-term potential.

Technology has advanced far more than we all know in the last 100-years, & many Corporations are sitting on this , & black shelving its release until the regular oil & gas reserves are exhausted.

Chevron has deep interests across the world, including drilling for oil in antarctica, though it's illegal at the moment.

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I don't feel that money should be like diamonds or other precious metals, they should print a lot of it! 

I also feel that the USD is the worlds currency because who the hell is going to trust Russia or China? I don't see people beating down the door to get into either of these countries so I doubt very seriously that anyone outside these countries would be willing to use their currency as the benchmark. I may be biasied in this thinking because I live in the USA, but even if I was abroad I'd only convert what was needed to transact business in that country. 

Some people really could care less, and at one point early in my life I was one of them people! It was a free feeling time, but as I got older and started knocking up the wife things changed. Now I'm always looking for ways to make a buck because there seems to be a never ending damand for money around here! The old saying "If it's got tits or wheels it's gonna cost you money" is still true today.

Having tasted capital gains for the first time in my life today (3:00am) I can tell you it felt pretty good! 



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



FAR BEYOND DRIVEN

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Once-upon-a-time, we used to have a bartering system, where I'd give you a dozen-eggs for a quart-of-milk, if we were both happy with the trade....

And once-upon-a-time, a countries wealth was measured by its gold reserves, & printed money was based with the backing of these reserves.

It appears that the "bankers" found it easier to simply print money out-of-thin-air when asked by a gov't, that would then pay for this money in the form of gov't "Bonds", & with interest, that simply put a countries entire population in debt for generations. I'm pretty sure that the folks of the US-of-A are still paying back the interest on "the New Deal" that was implemented by Mr.Roosevelt in the 1930's during the great depression.

We all need to get rid of the Bankers that hold us in perpetual debt, fund both sides of any war, fund deep black & illegal USAP's & want a centralized World bank & economy.

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You can still barter today, although many find it easier to pay with money of some form.

The USA still holds the largest reserves of gold on the planet. I don't know why the dollar has to be backed by gold, the United States Treasury is not in the business of selling gold.

It's not the bankers who print the money, it's the treasury... but the bankers seem to be in real good with the treasury. 

 



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



FAR BEYOND DRIVEN

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Hey SELLC,

This was just in when read from 1440...And I'm not sure of the time-frame given here on the shares increase, but...

Amazon = $15:31 per share, up 21,532 %...

Netflix = $01:85 per share, up 27,036 %...

Shopify = $32:32 per share, up 3,436 %...

Tesla = $31:84 per share, up 10, 478 %...

What goes up, must come down lol !

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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together".    Dwight D.Eisenhower.



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IIRC Tesla has been down from it's mid $700 value and floating in the low $600's currently. The metrics you have posted might represent averages over six months to a year because Tesla hasn't been up for awhile.

All the rest you have listed I don't follow. I don't care for anything Amazon - stocks included. Recently canceled Netflix and never used Shopify before.

NASDAQ took a pounding today, but I don't think I'm involved with that in anything I own... 



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



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A lot of moving and shaking in the crypto market lately, and the stock market is still breaking records!

Amazing!

I should have bought some AMC when it was $2 a share just awhile ago, they got it currently pumped up to almost $14!



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



FAR BEYOND DRIVEN

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Pfizer seems to be doing well too...

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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together".    Dwight D.Eisenhower.



UNSTOPPABLE!

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Interesting how when the market went up under Trump, you gave Trump credit for it. Why not extend the same courtesy to Biden?

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When Trump entered office the dow stood at 19,804 and when he left office it had crossed 30,000 for the first time. 

The market keeps going even higher under Biden, recently hitting a record high of 35,091.56!

However, both Trump and Biden have both had about $4 trillion in magic money infused into the economy, with Trumps having been dispursed less than a year before he left office! 

It is clear that Biden is enjoying that bump as a fresh $2 trillon was disbursed at the start of his term.

So we will see, Biden still has 5,000 points to beat Trump on the DOW since Trump basically seen the market turn a 10k bump, all in all.

When Obama was President there was so much quantitive easing going on it's hard to say what the real numbers were, and he got a lot of money from Bush at the start of his tenure so it's nothing much really worth talking about.

I fear the same will be true with Biden, in that we will probably see the biggest crash the market has ever seen under his tenure. Higher highs and lower lows.

I say that because I have been watching the markets VERY close since my first investment and what I see is the DOW at record numbers but many of the companies are trading at half of what they were under Trump! Not sure how that is possible but it's true.

By far the best time to buy would have been March 20th 2020 when the COVID scare was laid upon us - everything sold for 1/4 of it's regular value from what I have seen.

So while the market is on a roll, Biden has been President for LESS THAN four months! So let's wait a little while longer before we give Biden credit for anything! Fair enough?



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A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



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Today I liquidated most of my stocks too because I find Biden to be screwing up so much and going so far to the left that it's only a matter of time before Wall Street gives him a nice little spanking. 

Whenever a big mouthed and arrogant Democrat starts talking about raising taxes on business and rich people it's just a matter of time before Wall Street crashes the market to ensure they have the write offs needed to offset any profits they have ferreted away come tax time. It's really the only option that I see...

Now with this $4 trillion that has been pumped into the economy I guess it's possible we could see DOW 60,000 and that would be just fine with me too, hell I would even congratulate Biden at that point! But the reality is the hangover has yet to sink in and I think the shit is going to hit the fan personally.

 



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



UNSTOPPABLE!

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Dow just broke 36000 for the first time ever under Biden.

__________________

"If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you."     Lyndon B. Johnson

BLACK LIVES MATTER



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The question on everyones mind is if Biden will leave office with the market "at least" as good as it was given to him. 

Let's hope so... for almost $5 trillion in kickback, er... I mean infrastructure money, we can only hope.



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 



FAR BEYOND DRIVEN

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But the money doesn't even exist...

It's all based on a return sometime in the future with interest...

The only REAL money you have, is what you keep in your wallet / purse, the rest is nothing but a computer print-out.

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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together".    Dwight D.Eisenhower.



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It will be important to be watching the market here in the next few weeks I think...

All this bottlenecking, along with year end data on business is going to rear it's ugly head... 

Probably the only people who are going to make money this year are the grocery stores, gas stations and big chain fast food resturants! And even the big chain resturants are having issues finding help.

Are you suggesting the DOW is going to keep rising, PowerStroker?

The question still remains... How much higher can it go? 



__________________

A middle-aged loner on a crusade to champion the cause of the innocent, the helpless, the powerless - in a world of criminals who operate above the law.

LET'S GO BRANDON!

 

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