So this was like trading in the late 90s?

[lindq]

Market never goes down, everybody is a winner? Just go long at anytime and wait a little? (also Bitcoin last year)

I wasn't active in those years that is why I am asking.

From a trading perspective, the late 90s were completely different. It was an extremely volatile ride up the wall of worry and euphoria.

Daytrading chop shops were busting out on every street corner. There were fortunes made, and fortunes lost just as quickly.

 

[volpri]

Years ago, a 20% decline was considered, "just noise" rather than a crisis.

Perhaps this will continue through the mid-terms and even into the 2020 Primary. Stocks waaay up, unemployment down, wages up, etc. Maybe the Left would "come around" and reject the Socialist Progressive Commie DemoCrap BS we've had shoved down our throat's over the last decades... ?? And have America become "America" once again.

(Oops, got carried away... Mods will probably move this post over to Politics.... or maybe delete it and gig me 2 demerits.)

You know don't you that the media is probally going to spin that the obama administration IS THE ONE responsible for the trump rally. ROFLMAO AGAIN

 

[Visaria]

Dow is up 2% for the first week in 2018!!

Don't worry, i'm sure it will go down 100 points next week

 

[sle]

wonder how it's going to feel to drop 1000 points in a few days when it happens

Never gonna happen. Equities do not decline.

 

[ironchef]

The ATM SPY calls are up 500% in 4 days. Now I am curious of a strategy just buying ATM weekly calls every Monday and holding them into expiration.

You stole my recipe!

Just kidding.

Happy new year to you.

 

[Scataphagos]

You know don't you that the media is probally going to spin that the obama administration IS THE ONE responsible for the trump rally. ROFLMAO AGAIN

Probably.

After the Odumbo years... of a nearly stagnant economy, trying to divide the pie into ever smaller pieces... the hoi polloi likely won't understand Trump is trying to GROW the pie so that there is more for everyone.

 

[Arnie]

I remember a period like this, maybe even more bullish. I was trading the "big" (only one at time) S&P 500 futures contract in Nov 1994. Pull up a chart and look at the period Nov '94 to about Feb 2000.

 

[Cswim63]

Now all we need is Alan Greenspan to make a cameo and proclaim the words "Irrational Exuberance"! Might make a great trading opportunity.

 

[sle]

After the Odumbo years... of a nearly stagnant economy

Year GDPGrowth
2016 3.38%
2015 3.11%
2014 4.33%
2013 4.31%
2012 3.24%
2011 3.64%
2010 4.56%
2009 0.11%

LOL, yeah

PS. I love it that people here say things that can be refuted by a simple google search.

PPS. There is a tendency for people to misattribute the noise in the economy to politics, economic policies and many other things. In reality, of course, the ability of the political establishment to effect any meaningful economic change in negligible, it more boils down to macro-economic environment, catalysts for productivity growth and many other things that politicians have no control over.

 

[Scataphagos]

Year GDPGrowth
2016 3.38%
2015 3.11%
2014 4.33%
2013 4.31%
2012 3.24%
2011 3.64%
2010 4.56%
2009 0.11%

LOL, yeah

PS. I love it that people here say things that can be refuted by a simple google search.

PPS. There is a tendency for people to misattribute the noise in the economy to politics, economic policies and many other things. In reality, of course, the ability of the political establishment to effect any meaningful economic change in negligible, it more boils down to macro-economic environment, catalysts for productivity growth and many other things that politicians have no control over.

Other sources stated numbers like 1.7% and 0.7%...

Seems "3%" is some sort of desirable benchmark.... and it was claimed to have not been achieved once in Odumbo's reign... and that's coming out of big recession. Who is to be believed??