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Stock market soars to new bull market. Republicans praise Biden for it. One of those two is correct.

Craig234

Craig234

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Republicans are crying to see the good news. How are they supposed to win in 2024 with this? They'll just have to find more sabotage. Cause that railway strike, block that debt ceiling, something.

www.cnn.com

Stock market news: Dow, S&P 500 and the Federal Reserve

The stock market will respond to reports on GDP and jobs, speeches by Jerome Powell and Janet Yellen, and to business leaders speaking at the DealBook conference Wednesday.
www.cnn.com www.cnn.com
 
Part of me wonders why the stock market fluctuates so easily.

I thought the best strategy was to buy low and keep it for awhile, even through the rises and dips.

But then, without those who don't hold I suppose those dips and rises wouldn't happen.

So really I guess the stock market is the people willing to resist the sell urge taking advantage of those who can't resist.
 
Well, #1 has to be true for #2 to even be possibly true. So I'm going with #1?
 
Anybody who thinks the stock market is great must not have any stocks.
 
I haven't look at my 401k in a couple of months.. I just did today.. It looks a HELL of a lot better than it did than when Trump tanked the market in 2020...
 
The Mark said:
Part of me wonders why the stock market fluctuates so easily.

I thought the best strategy was to buy low and keep it for awhile, even through the rises and dips.

But then, without those who don't hold I suppose those dips and rises wouldn't happen.

So really I guess the stock market is the people willing to resist the sell urge taking advantage of those who can't resist.
Click to expand...
Not exactly. Most stock trades are now done on the ultra high speed networks located near the stock market, which are designed by a lot of Ph.D's from the sciences, and are essentially parasites draining money out of the market.

www.investopedia.com

The World of High-Frequency Algorithmic Trading

What’s behind the scenes of high-frequency algorithmic trading (HFT)? Here's a detailed look at the breakneck world of algorithmic and high-frequency trading
www.investopedia.com www.investopedia.com
 
Republicans will eventually get the recession that they want.
 
Craig234 said:
Not exactly. Most stock trades are now done on the ultra high speed networks located near the stock market, which are designed by a lot of Ph.D's from the sciences, and are essentially parasites draining money out of the market.

www.investopedia.com

The World of High-Frequency Algorithmic Trading

What’s behind the scenes of high-frequency algorithmic trading (HFT)? Here's a detailed look at the breakneck world of algorithmic and high-frequency trading
www.investopedia.com www.investopedia.com
Click to expand...
So...what, the algorithm hears that there was a speech and the markets go up because it triggered a buy order based on that?

Edit: Nope.

It's just making trades in microseconds to make money off the tiny gaps on the graph which are much larger at a tiny timescale
 
The Mark said:
So...what, the algorithm hears that there was a speech and the markets go up because it triggered a buy order based on that?
Click to expand...
No, events like a speech are a different effect on the market than the micro-trading algorithms. The micro-trading goes on all day every day, while events affecting the market are more occasional.
 
Craig234 said:
Republicans are crying to see the good news. How are they supposed to win in 2024 with this? They'll just have to find more sabotage. Cause that railway strike, block that debt ceiling, something.

www.cnn.com

Stock market news: Dow, S&P 500 and the Federal Reserve

The stock market will respond to reports on GDP and jobs, speeches by Jerome Powell and Janet Yellen, and to business leaders speaking at the DealBook conference Wednesday.
www.cnn.com www.cnn.com
Click to expand...
Nothing in your link brings up "Republicans crying about this news". You'd have to support that claim. After that, I don't know what the railway strike has to do with Republicans or how they are causing any of the issues with that company and their workers. Could you explain that more?

Beyond that, things are still expensive as ****. The October inflation report still had it at 7.7%. That's what effects people and what they care about.
www.wsj.com

October Inflation Report Shows Consumer Prices Rose 7.7% From Year Earlier

Inflation eased in October as underlying price increases excluding energy and food slowed from a four-decade high.
www.wsj.com www.wsj.com
 
Craig234 said:
Not exactly. Most stock trades are now done on the ultra high speed networks located near the stock market, which are designed by a lot of Ph.D's from the sciences, and are essentially parasites draining money out of the market.

www.investopedia.com

The World of High-Frequency Algorithmic Trading

What’s behind the scenes of high-frequency algorithmic trading (HFT)? Here's a detailed look at the breakneck world of algorithmic and high-frequency trading
www.investopedia.com www.investopedia.com
Click to expand...
There only needs to be a very small transaction tax to stop this parasitism on the system.
 
Helix said:
Republicans will eventually get the recession that they want.
Click to expand...
It is indeed enevitable. Bust follows boom which follows buts which follows bom which....

The sun also rises and sets.
 
It's like we didn't learn anything from game stop.
 
Gateman_Wen said:
Because computer algorithms do all the trading these days.
Click to expand...
Most, not all. As I understand, there are four main types of traders now.

1. Broad investors, indexes, mutual funds, that are having a big effect on the markets by reducing the effects on individual companies of investor reactions.

2. Individual stock traders, these are everyone from Warren Buffet buying and selling individual stocks to a person doing so on a smaller scale. I'll include short sellers in this.

3. Day traders, who might buy or sell at 9AM hoping to make money in hours. On average, they lose money as I understand.

4. The parasites that do most trades, with the automated high-speed systems, algorithmic trading.
 
Craig234 said:
The parasites that do most trades, with the automated high-speed systems, algorithmic trading.
Click to expand...
My understanding is this accounts for something like 98% of all the trading these days.
 
High frequency trading has changed everything on Wall Street... Because of high frequency trading Wall Street no longer gives a shit how Main Street is doing..
 
And i dont give a shit about them (day traders and high frequency traders)

why?

Because what they are doing doesnt really affect me

I still buy companies based on old fashioned information

And i hold on to them for decades unless there is a GOOD reason to sell

I maybe make 2-3 actual new trades a year, other than my dividends reinvesting

I have some stocks in my portfolio that have been there for 25-30 years

I only wish i had more cash at certain times to put into beaten down stocks

The market and real estate are still the two most reliable ways to earn wealth over LONG timeframes
 
Craig234 said:
Republicans are crying to see the good news. How are they supposed to win in 2024 with this? They'll just have to find more sabotage. Cause that railway strike, block that debt ceiling, something.

www.cnn.com

Stock market news: Dow, S&P 500 and the Federal Reserve

The stock market will respond to reports on GDP and jobs, speeches by Jerome Powell and Janet Yellen, and to business leaders speaking at the DealBook conference Wednesday.
www.cnn.com www.cnn.com
Click to expand...

Biden must be so proud. The S&P 500 is almost exactly where it was 2 years ago when he took office.
 
Craig234 said:
Republicans are crying to see the good news. How are they supposed to win in 2024 with this? They'll just have to find more sabotage. Cause that railway strike, block that debt ceiling, something.

www.cnn.com

Stock market news: Dow, S&P 500 and the Federal Reserve

The stock market will respond to reports on GDP and jobs, speeches by Jerome Powell and Janet Yellen, and to business leaders speaking at the DealBook conference Wednesday.
www.cnn.com www.cnn.com
Click to expand...
If the market has soared so well please explain why my portfolio is still well behind what it was a couple of years ago.
 
The stock markets are not the economy.
 
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