| Author: |
[General Discussion] Topic: The Stock Market |
|
surfertodd |
 View Space | Friends | Playbook | |
Prospect
Joined: Nov 2006
Posts: 343
Location: |
#1 Posted: 8/3/2012 6:46:39 PM |
|
quote |
|
chilitokid |
View Space | Blog | Friends | Playbook | |
Captain
Joined: Feb 2007
Posts: 9844
Location: New Hampshire |
#2 Posted: 8/3/2012 7:00:30 PM
Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
|
|
quote |
|
surfertodd |
View Space | Friends | Playbook | |
Prospect
Joined: Nov 2006
Posts: 343
Location: |
#3 Posted: 8/3/2012 7:14:49 PM QUOTE Originally Posted by chilitokid:
Simple, the stock market is a rigged game in which the game means absolutely nothing.
Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Thanks for the insight.  Do you forget the part where I asked for anyone smarter then me? |
|
quote |
|
bigvern1013 |
RSI  |
Rookie
Joined: Oct 2006
Posts: 849
Location: Montana |
#4 Posted: 8/3/2012 7:52:29 PM
Real unemployment rates are as high as they have ever been (some estimates are in the 24% range, but I don't put much stock in anyone's numbers), most of middle class america and many baby-boomer retirees are still stuck in underwater properties.......so whom is buying blue chip stocks to keep the Dow around 13000 and where is the liquidity coming from????
In my opinion, the same cash that is pumping the stock market up is selling gold, crude oil, silver in order to float the dollar for a few more rounds.
|
|
quote |
|
chilitokid |
View Space | Blog | Friends | Playbook | |
Captain
Joined: Feb 2007
Posts: 9844
Location: New Hampshire |
#5 Posted: 8/3/2012 9:05:51 PM QUOTE Originally Posted by surfertodd:
Thanks for the insight. Do you forget the part where I asked for anyone smarter then me? What part don't you understand? You want to to splain it to you like a 3rd grader?
|
|
quote |
|
|
|
searchwarrant |
View Space | Blog | Friends | Playbook | |
Legend
Joined: May 2003
Posts: 57554
Location: Kenya |
#6 Posted: 8/3/2012 9:46:55 PM Simple, the stock market is a rigged game in which the game means absolutely nothing.
Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Absolutely right. |
|
quote |
|
bigvern1013 |
RSI |
Rookie
Joined: Oct 2006
Posts: 849
Location: Montana |
#7 Posted: 8/3/2012 9:53:42 PM QUOTE Originally Posted by searchwarrant: Simple, the stock market is a rigged game in which the game means absolutely nothing.
Is the stock market a gauge for anything? If it was you answered your own question and still should be scratching your head.
Absolutely right.
No doubt the big boys have a tremendous amount of influence on our markets, but they are fallible just like anyone.
|
|
quote |
|
pulledclear |
RSI  |
Banned
Joined: Sep 2010
Posts: 3202
Location: United States |
#8 Posted: 8/3/2012 10:32:42 PM  |
|
quote |
|
depeche2 |
View Space | Blog | Friends | Playbook | |
Legend
Joined: Feb 2002
Posts: 66822
Location: Illinois |
#9 Posted: 8/3/2012 10:57:19 PM
|
|
quote |
|
Kelly_Slater |
RSI  |
Captain
Joined: Apr 2009
Posts: 6253
Location: Indonesia |
#10 Posted: 8/3/2012 11:21:25 PM QUOTE Originally Posted by depeche2:
Stock market is about relatives prices, performance relative to expectation and future prediction. The economy is not as bad as the media and right-wingers want you to believe.
You sir have no idea what you are talking about. |
|
quote |
|
SirJohnDrake |
View Space | Friends | Playbook | |
All-Star
Joined: Jan 2006
Posts: 12204
Location: United States |
#11 Posted: 8/4/2012 12:40:21 AM Quote Posted by surfertodd:
WTF is going on? The economy sucks, here and abroad. Seems like gold should be through the roof and the stock market should be tanking with the devalue of U.S. dollar. Can anyone smarter then me please explain?
-------------------------------------------------------------
Don't come to this site and ask these degenerates questions like that...lol
If you want to keep up to date with what's going on watch fox news for your information.
The reason why the stock when up nice today is because there was good news about new jobs created...I forgot the exact figures but hey like I said get your news from fox news.
Fox news is fair and balanced. 
|
|
quote |
|
SirJohnDrake |
View Space | Friends | Playbook | |
All-Star
Joined: Jan 2006
Posts: 12204
Location: United States |
#12 Posted: 8/4/2012 12:48:21 AM Just checked and found that US employers added 163,000 new jobs last month and it was reported today and so that's why the stock market made a nice gain when investors heard the jobs report today.
|
|
quote |
|
JimmyDrizzl |
View Space | Friends | Playbook | My Sportsbook: Sports Interaction | |
Prospect
Joined: May 2011
Posts: 119
Location: |
#13 Posted: 8/4/2012 5:51:55 AM |
|
quote |
|
thorpe |
View Space | Blog | Friends | Playbook | |
Captain
Joined: Sep 2002
Posts: 7163
Location: |
#14 Posted: 8/4/2012 9:58:24 AM QUOTE Originally Posted by bigvern1013:
so whom is buying blue chip stocks to keep the Dow around 13000 and where is the liquidity coming from????
The people who would normally buy CDs or other Fixed Income are buying the Blue Chips for the dividends. Money doesn't grow too fast at half a percent.
|
|
quote |
|
depeche2 |
View Space | Blog | Friends | Playbook | |
Legend
Joined: Feb 2002
Posts: 66822
Location: Illinois |
#15 Posted: 8/4/2012 12:41:59 PM QUOTE Originally Posted by JimmyDrizzl:
From what I hear this is the reason the stockmarket is doing well right now: The perception by investors is that the sorry lame behind anti-business president now in the white house will lose big in the fall elections. Romney and his team will take over and get the huge pile of crap known as Washington cleaned up.
False. Everyone knows that Romney is going to lose. Wall Street has access to intrade.com.
|
|
quote |
|
esplanade |
View Space | Friends | Playbook | |
Captain
Joined: Feb 2008
Posts: 7959
Location: |
#16 Posted: 8/4/2012 1:37:37 PM QUOTE Originally Posted by depeche2:
Stock market is about relatives prices, performance relative to expectation and future prediction. The economy is not as bad as the media and right-wingers want you to believe.
The same media that's deep in the tank for obama
|
|
quote |
|
ShadowWarrior |
RSI  |
Captain
Joined: Nov 2002
Posts: 6344
Location: Hawaii |
#17 Posted: 8/4/2012 1:41:58 PM |
|
quote |
|
JimmyDrizzl |
View Space | Friends | Playbook | My Sportsbook: Sports Interaction | |
Prospect
Joined: May 2011
Posts: 119
Location: |
#18 Posted: 8/4/2012 1:43:28 PM True story from this morning sets the result of the fall election in stone..Bet on it...
I went to the local supermarket specifically to get a watermelon and was wandering around the produce section when I started talking to a store employee that was stocking the shelves.
He was a young tall black kid that I guessed to be in his early twenties. I am an outspoken average white male fool most of the time and as we were discussing watermelon I aked his age.
He said 26..I then blurted out seeing that he was a black person this " So are you going to vote for Obama again?"
His answer knocked me over..He said " Four years ago, yes I voted for him, but not this time. I am older now and know more about what is going on now"
We chatted for about 5 minutes...A really pleasant, decent, hard working young man that now can see what the future holds for him under a tax and overspend corrupt government.
At 26 I told him he is starting at the bottom as all of us did and it is up to him to work his way up the ladder...WHAT IS SO HARD FOR THE LIBERALS TO UNDERSTAND THAT THIS IS HOW IT SHOULD BE AND MADE AMERICA GREAT.
NO WORK....NO FREE MONEY AND NO FREE STUFF.
|
|
quote |
|
ShadowWarrior |
RSI |
Captain
Joined: Nov 2002
Posts: 6344
Location: Hawaii |
#19 Posted: 8/5/2012 5:30:58 PM |
|
quote |
|
Biscuiteater1 |
RSI  |
Veteran
Joined: Jan 2011
Posts: 4704
Location: |
#20 Posted: 8/5/2012 5:53:59 PM garbage hoss it's the same as it ever was.The rich get richer, and there is nothing wrong with that part. But do the poor have to get poorer? |
|
quote |
|
michaelpaul1 |
RSI  |
Banned
Joined: Mar 2007
Posts: 22613
Location: New York |
#21 Posted: 8/6/2012 9:03:02 AM  |
|
quote |
|
Raisethis2 |
View Space | Friends | Playbook | |
Prospect
Joined: Sep 2011
Posts: 272
Location: Illinois |
#22 Posted: 8/6/2012 6:01:42 PM
Small investors hold high dividend plays rather than CD's and the like.
The economy while weak, has found a level. There's no reason to think either great things or bad things will happen before election day. While Europe is a worry and causes volatility, the huge hedge funds, day traders and bank and brokerage interests like it that way, buy low, sell high. Easy game.
What the average investor doesn't get is that even if Romney wins (and that possibility is getting dimmer) it's not like anything meaningful will happen anytime soon. Do you really think the Democrats will just roll over and support anything Romney advances?
Hell no, they will become the new party of no. Romney will be as frustrated as Obama has been. Guaranteed!!
|
|
quote |
|
bigvern1013 |
RSI |
Rookie
Joined: Oct 2006
Posts: 849
Location: Montana |
#23 Posted: 8/6/2012 6:10:38 PM QUOTE Originally Posted by thorpe:
The people who would normally buy CDs or other Fixed Income are buying the Blue Chips for the dividends. Money doesn't grow too fast at half a percent.
Dividend based income streams will be a thing of the past if the tax cuts in place now are let to expire at year's end...from 18% to 31% increase...I would think that this potential rake would scare off the average retiree or fixed income investor.
Good point on the interest rates right...safe plays aren't worth a whole lot right now.
|
|
quote |
|
michaelpaul1 |
RSI |
Banned
Joined: Mar 2007
Posts: 22613
Location: New York |
#24 Posted: 8/7/2012 11:50:09 AM  |
|
quote |
|
The8ofCups |
RSI  |
Rookie
Joined: Aug 2010
Posts: 589
Location: Arizona |
#25 Posted: 8/9/2012 4:02:12 AM
|
|
quote |