The Russell 2000 is on a 15-day win streak, gaining 16% over that time. Hope everyone is participating in that!
- The stock market rally is being called the "Trump Rally." Well, everyone thought Hillary had it locked up and the futures were down 5% when Trump looked like he'd win. Then after he won the market soared. Lower taxes. Lower regulations. Etc.
- The economy is pricing in a higher GDP. We've been stuck under 3% during Obama's presidency. Now Wall Street is anticipating 4-6%.
- Inflation?
- Higher mortgage rates would cause a drop in home prices. People can afford what they can afford. Unless wages start rising.
- Inflation?
- Trump wanted to refinance some of the short-term national debt at these historical low long-term rates. Uh, long-term rates have been rising... What will they be when he's sworn in.
- (If he is sworn in. Jill Stein leading the recount efforts in Wisconsin, Michigan and Pennsylvania. I think lawyers will make a lot, but nothing will change in the electoral college.)
- Lots of Black Friday deals on … TVs. Tablets. Games. Etc. Mall traffic down (they say) but online sales setting records. Over $3B?
- And lots of Green Friday deals at the marijuana stores…
Friday, November 25, 2016
Black Friday Randomosity
#258: Black Friday! Election Recount!
Black Friday sales make record... Jill Stein leads recount effort... Market new highs - again! Trump transition and conflict of interest? And more!
Tuesday, November 22, 2016
#257: DOW 19,000! And Trump Trump Trump!
All four indexes make new closing highs... Trump transition and conflict of interest? Saturday Night Live... Economic growth... And more!
Posted by muckdog at 1:40 PM View Comments
Labels: #conflictofinterest, #SNL, $DIA, $IWM, $SPX
Friday, November 18, 2016
#255: Fake News Friday as Small Caps up 11 Days Straight!
College kids create chrome extension to identify fake news on Facebook... Small cap stocks up 11 days in a row... Kanye West and Paris Hilton...Gold... McDonalds... Cisco...Walmart... JD.com... And more!
Thursday, November 17, 2016
Thursday Night Randomosity
Obama Chimes in on Fake News Phenomenon, Warns It Could Weaken Democracy http://flip.it/bOJ_6k
Even President Obama has something to say about "fake news!" Hey if the guy making $120,000 a year and electing Presidents can do it, why would anyone be a $46,500 a year legit journalist?
Why Did So Many White Women Vote for Donald Trump? http://flip.it/WyH4XQ
So with the Billy Bush entertainment tonight audio, Hillary was thought to lock up the women vote. Not so fast...
3 Stocks to Buy With Dividends Yielding More Than 3% http://flip.it/NusGqS
I like the list of dividend stocks in this article. $MCD $TGT $PG
Oil prices shoot higher amid Saudi optimism over output deal http://flip.it/tH.G.9
So oil prices higher today... But wasn't one of the headlines yesterday that they found 20 billion barrels of oil in West Texas?
Trump asks Flynn, a fiery general, to be top adviser and plans Romney meeting http://flip.it/FUBJEB
Hmm... So General Michael Flynn and Mitt Romney next? Both controversial for different reasons! At least this is entertaining?
Dish Network’s subscriber losses are going to get a lot worse http://flip.it/bZjnve
Dish Network losing subscribers while DirecTV adding subscribers? Hmm. NFL?
Divorce in U.S. Plunges to 35-Year Low http://flip.it/XJuw6Z
Divorce rate at its lowest level since 1981? Good news... Keep families together!
#254: Market and Trump Transition Comments
Mitt Romney Secretary of State? Obama and Yellen blah blah blah... Precious snowflakes skipping classes... Is the selling in tech stock "dumb money?" Protests... Gold... McDonalds... Disney... Best Buy... And more!
Posted by muckdog at 1:20 PM View Comments
Labels: #mittromney, #protests, $AAPL, $AMZN, $DIS
Wednesday, November 16, 2016
Wednesday Randomosity
- The 7-day win streak for the Dow ended today. Nothing lasts forever. Nasdaq was up, though.
- I remain long stocks in a diversified sort of way. A little sad to see the selloff in some of the tech stocks I have, but not worried “over the long term.”
- $FB - More misleading stats from Facebook? Last September was the video watching stats. This time? Undercounting or overcounting of four measurements… Are they worried about fake news or fake stats?
- $AMZN – Black Friday at Amazon means TVs on sale! Anyone need a new one?
- Wolfcamp shale portion of Permian basin in Texas has up to 20 billion barrels of oil and 16 trillion cubic feet of natural gas. Seems like a lot. Going to need MORE pipelines!
- Maybe the Democrats best chance at fixing Obamacare was with a President Trump and a GOP Senate and House. Now the GOP will be forced to keep the popular portions and tweak other parts. Dems probably couldn’t have done that with gridlock in Congress.
- I haven’t done much stock trading this year. Keep adding to the index. Month after month. Adding to some individual names when they sell off. (Some lately).