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progree

(13,031 posts)
8. I don't disagree at all. Today's Dow close at 19,174 is between the election day close of 18,333
Fri Mar 20, 2020, 04:46 PM
Mar 2020

and the last close before inaugural day of 19,732.

The MAGAt's often use the election day close as their benchmark under the rationale that Trump's election caused a surge of optimism that a real business tycoon and Republican administration would get rid of "job-killing Obama-era regulations" and "Make America Great Again".

Those values (Dow 19,732.40 and S&P 500 2,263.69) are January 19, 2017 closing values, not January 20 ones, for those who might be wondering -- it say "Stock Market News for January 20, 2017" but they were reporting on the previous day's close.

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Cases and market will cross today! gibraltar72 Mar 2020 #1
every republican president of the last 40 years has presided over a recession katusha Mar 2020 #2
October 16, 1987 Wall Street Week with Louis Rukeyser bucolic_frolic Mar 2020 #3
Me and my mom actually watched him back then BumRushDaShow Mar 2020 #4
I miss that show so much. I was thinking about W$W just last night. mahatmakanejeeves Mar 2020 #15
The MAGAts have one teeny bragging point left: The Dow at 19,174 is above where it closed on progree Mar 2020 #5
But the Dow is less than when he actually took office! BumRushDaShow Mar 2020 #6
I don't disagree at all. Today's Dow close at 19,174 is between the election day close of 18,333 progree Mar 2020 #8
Yup BumRushDaShow Mar 2020 #10
Liberals had been investing throughout the Obama years IronLionZion Mar 2020 #11
"...worst week since 2008..." lastlib Mar 2020 #7
S&P 500 down 31.9% from its peak in February. A bear market begins at 20% down, so we're progree Mar 2020 #9
Find the support in this monthly chart bucolic_frolic Mar 2020 #12
You've got me on this one - I have zero knowledge of technical analysis when it comes to stocks etc. progree Mar 2020 #14
There will be gurus all over it on YouTube all weekend bucolic_frolic Mar 2020 #17
And thanks for the explanation. I added the S&P 500 back to 1928 on a logarithmic chart progree Mar 2020 #20
Note the chart pre-1990 vs. post 1990 bucolic_frolic Mar 2020 #24
"Donald." Example: "The stock market Donalded this week." NT mahatmakanejeeves Mar 2020 #16
Automated trading is probably exacerbating the sell off DeminPennswoods Mar 2020 #13
That's why they have those circuit breakers BumRushDaShow Mar 2020 #18
True, but then they just go back to automated trading DeminPennswoods Mar 2020 #21
I expect that the 15 minute timeout BumRushDaShow Mar 2020 #22
I have my doubts about that DeminPennswoods Mar 2020 #25
When you have large funds BumRushDaShow Mar 2020 #26
Ronin Capital blows up bucolic_frolic Mar 2020 #19
It Is Now Only Up... ProfessorGAC Mar 2020 #23
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