DJIA

Anxious_Cheetah5589

DJIA 50 years ago included Bethlehem Steel, Woolworth, Sears, and General Motors. Nothing is forever. :)

Brawmethius

Not over any meaningful time to matter. SPY in 2008 low 85.49, DJIA 6,547. Every single dip since has been meet by stimulus and the printer, all liquidity crunches back stopped by USG. Literally happened again in 2020s with the bank crisis and they just went yah dont trip dog we will buy our own bonds back.

Strict_Push4722

No losers this year. Last year I decided to build my own etf (picked DJIA and S&P500 companies). Had about 70 positions. Lost in about half gained in the other half. I matched the S&P500 last year. Its why I decided to concentrate my investments.

EvolvingDior

DJIA is actually down right now. Why? Because GOOG is not in the index. 😂

Mysterious_Worker608

The DJIA was hovering around 1000 at the time. Choices were made.

MetricT

You're doing this with the DJIA, which is price weighted instead of market cap weighted like the S&P 500. I'd recommend downloading Robert Shiller's data [https://shillerdata.com] for the S&P 500 and using that. You'll get something like this: https://i.imgur.com/AjXSO7U.png The stock market is stupidly overvalued, and I *do* believe we are rapidly heading towards a correction/crash, but other than the yield curve normalizing there is as yet little proof (at least, sufficient for timing).

Brainless_Bear_

Tuesday after Labor Day: DJIA, S&P 500 & R2K down 8 straight. DJIA is weakest, down 38.1% of the time last 21 years with average loss of 0.22%. S&P 500 is similarly weak with average loss of 0.14%

floo82

NVDA is: 8% of SPY 10% of QQQ 2% DJIA Valued at the fourth largest GDP nation's GDP

sumguysr

They'll open to support stock prices and slowly federalize more companies, because many Americans understanding of the economy is limited to "DJIA up is good", and Trump has never seen a power grab he doesn't like.

Hour-Trifle-8180

DJIA 50k hates on sale now.

nigelnyc1

DJIA only looks like it is going to open -150. Seems like the "leveraged" will wait until 3:45 p.m. when it is -700 to liquidate...as usual.

EvangelineRain

Only answer. If you peruse the history of the DJIA companies, you’ll see that there are no sure things long term.

overtoke

january 1st DJIA was 42,392 divided by the price of gold that day = 15.88 august 12, DJIA is 44,366.31 / current gold = 13.11

Dubatomic1

"The Dow Jones Industrial Average (DJIA) has set its all-time record high close of 45,014.04 points on December 4, 2024"

kingfrank243

The S&P 500 SPX has risen 25% from those lows, and the Dow Jones Industrial Average DJIA has climbed more than 6,600 points, from 37,646 to 44,263. It doesn't matter what happened after,Im just pointed out we're are the people that was saying the market is burning down and sold?

ShackledPhoenix

Lets ignore the fact DJIA was 45k last december and we're only just now reaching that again after the massive dip that happened right when he started implementing tariffs...

xiongchiamiov

The DJIA hasn't been a relevant measure of the stock market for seventy years.

Overall-Umpire2366

• 2.9% GDP Q2 gain estimated by the Atlanta Fed, up from -0.5 in Q1. • 2.4% Annualized core inflation, down from 3.0 in Q1. • $26 Billion budget surplus in June, up from $127 billion deficit in January. • 5.19% year to date gains for DJIA• 9.43% year to date gains for NASDAQ• • 4.324% 10-Year Treasury, down from 4.808% before Inauguration - Add in 6,070 illegal border entries in June 2025, down from 205,019 for June 2024.

YamThese

I just came across this post, cracked me up - as of July 31st: S&P is at 6,340 NASDAQ is at 21,100 DJIA is at 44,100

YamThese

I just came across this post, cracked me up - as of July 31st: S&P is at 6,340 NASDAQ is at 21,100 DJIA is at 44,100

nusodumi

yeah the average daily point gain on DJIA from 2010 through now is like 8 points a day up But it's pretty rare to have such a flat day in reality

Obsidianram

Depending on how you torture the data, August sucks for tech stocks ~ but rather avg for DJIA...maybe da bears should look into Beyond Meat...

matt2621

DJIA is price weighted and only 30 companies. S&P is cap weighted and 500 companies. Most of the highest market cap companies are tech which has been blazing its own trail and pulling the index forward. That's it.

G4M35

Just ignore the DJIA, it's antiquated, statistically wrong, and makes no sense anymore

ziggy029

The Dow is price weighted, so when a high priced Dow component falls hard it takes the entire index down hard. To a lesser degree it also has to do with the type of stocks and sectors in the Dow relative to the S&P 500 and the Nasdaq 100. When growth stocks (mostly tech) are in favor, the S&P and especially the Nasdaq will outperform the DJIA. Conversely, in a more defensive market environment that is favoring defensive plays and "value" orientation, the Dow will tend to outperform. The DJIA has really become a rather irrelevant indicator of overall market performance.

Rav_3d

The Dow Jones is 30 random stocks, many like UNH that are no longer good stocks. Plus, it is price weighted which makes no sense. The DJIA has stopped being relevant as a broad market indicator, and is pretty much a useless index.

DennyDalton

The time for margin is when the margin is tanking. If you were involved in the 2008-2009 market, it was pretty obvious that the financial markets were in deep trouble. Banks were failing left and right. The bond market was seizing up. That's a year and a half of drop (DJIA from 14,000+ to 6,500). You don't look for a bottom. if you have any clue what you're doing, you ride it down. And yes, I was net short the market for that time period. The biggest payoff in my 40 years in the market was being short Lehman Brothers for months in size and them going under. This talk of margin at tops and bottoms is the babbling of a noob.

DennyDalton

I experienced the 1987 crash, the 2000 dotcom, and the 2008 GFC. I began writing covered calls in the mid 80's. A few years later, I learned that they were equivalent to short puts and switched over to them. Discount brokers were coming on the scene and a 500 share or a 5 contract trade might have cost $25-$35 (it was $100 prior to that). There was no internet trading. If you wanted to transact, you called your broker and waited for him to get to you. If you just wanted a quote and your broker offered the service, you could use a touch tone phone (6 numbers entered for a 3 letter quote). October 16, 1987 was expiration. I did my usual rolling (out a month because weeklies didn't exist) and added a few new short put positions. Everything appeared to be on sale since the DJIA had dropped 500+ pts (18%) from August highs. Three days later (now known as Black Monday), the DJIA dropped 508 pts, another 22%. Many market makers walked away from their posts. B/A spreads on options and equities were several dollars wide. Even if you wanted to trade at those crazy prices, it was nearly impossible to do so because broker phone lines were jammed with panicked callers (no online trading then). Back offices were overwhelmed. One of my brokers took 7 business days to determine whether my 800 share Bear Stearns covered call which had expired in-the-money had been assigned or not. For my short puts (six figure account), I literally owned all of them by Monday's close since all were now ITM. I had a margin call and I ponied up the cash and held on. Fortunately, the market recovered by the end of the year, as did I. Many of my newly acquired stocks went on to do quite well. During the day, I pondered what might happen if the crash continued on Tuesday. Having read stories about bank runs, when the market closed on Monday, I went to the bank and took out $1,000. No bank runs occurred. Yes, the technology and the regulations were far different then than now. So maybe, this is just a dinosaur story :->) 1987 taught me the lesson of how fast a market can take it away from you as well as the need for good risk management. It also taught me to respect margin and the need to have a Plan B for when you re 100% long. By 2000, I had learned how to get out of the way of a bear market. And by 2008, I had learned how to make a sizable amount of money in a bear market with via short selling.

Form1040

Not as bad as 2008, but plenty painful.  S&P 500: Fell about 34% between its all‑time high on February 19, 2020, and its trough around March 23, 2020  Wikipedia +1 Reddit +1 . Dow Jones Industrial Average (DJIA): Dropped roughly 37% from its February peak on February 12, 2020 to its March low

Rare-ish_Birb

DJIA companies trade based on actual performance, not the smell of performance.

rriggsco

Could also result in a DJIA reshuffle. And then... look out below!

Rare-ish_Birb

If you had balls, you'd be buying poots on the DJIA

Pereise1

Any of yall ever play the DJIA ETF? Feels like there'll be more movement starting tomorrow with UNH.

Mobile-Fly484

Fuck it, I’m going short on SPY. The DJIA is down almost 1%, Europe is down and our regard in chief is still madly in love with tariffs. Either Valhalla or Wendy’s. 

thetreece

Of the 12 industry titans on the original Dow Jones Industrial Average, only one of them still exists (General Electric). None of them are still listed on the DJIA. No, picking several stocks toward the top of the S&P500 list is not a good way to make a portfolio. The sector that has outperformed yesterday is unlikely to be the sector that outperforms tomorrow.

joyreneeblue

I prefer Schwab for active investing, options, bonds, etc. It would be easy to transfer your ETFs to Schwab - you'd start by going to Schwab site and filing out the online forms there. Schwab makes it easy to see the return of your holdings - follow the portfolio performance link and drag the cursor to see the time period you desire. Your portfolio return is also shown in comparison to the S&P 500, DJIA, Nasdaq, Russell 2000, Schwab's customer service is good and there are office in major urban areas. Vanguard may have good ETFs but that's also arguable - there are other ETF options out there.

45and47-big_mistake

If Biden or Harris was president, DJIA would be at 48,000, and we would have seen 2, maybe 3 rate cuts. Inflation would be 1.5%. We are living a terrible alternate reality.

Wide_Pomegranate_439

Absolutely valid point. SP500: NVDA+MSFT+AMZN+META+AVGO+GOOG+TSLA = 35% weight in a 500 companies index! Nasdaq, very same companies as above= 67(!!)%, yes you read correctly SIXTY SEVEN percent in a 100 companies index! NVDA alone weighs 7.16/13.72% respectively in them. Again, in indices of altogether 500+companies! Anything happens to NVDA, both indices are bust. If you want a real picture on the economy, look at DJIA + Russel 2000

ZPMQ38A

This is the core issue no one seems to be talking about. Currently the stock market really doesn’t even matter. TSLA and PLTR are the most striking examples, but really most of the DJIA companies should be down. This is the largest tax increase on the purchasing class that we have ever seen and people are going to have to start making real life decisions on what they can and cannot afford. The middle and lower class aren’t going to be able to afford $1k on an iPhone, they’ll have to use that money to pay rent. Banks and credit companies are going to see default rates on everything from car loans to mortgages to credit cards skyrocket. Families will choose generic brands over things like Coca Cola, Nike, etc. Not to be a doomer but we could really be looking at an economic situation that makes 2008 look like child’s play. We aren’t talking about a housing crisis or people not being able to afford vehicles; we may see 80% of the population that struggles to afford groceries, utilities, and clothing.

cvanguard

Gold is a terrible hedge against the stock market. It’s consistently underperformed the S&P and DJIA since the 1990s, and doesn’t even consistently rise in price when the stock market drops or when inflation rises. It was basically flat or even fell in price from 2020-2022 when inflation was at a recent peak, and also fell in 2012 before being flat from 2012-2019 while inflation was obviously higher than 1%. From 1980-2005, it spent 25 *years* either flat or falling compared to its 1980 peak, while the stock market grew by 10x in the same time frame and inflation kept going. Spiking in price every few years or decades isn’t enough to outpace the stock market’s growth in the long term, and it doesn’t grow consistently enough in the short term to reliably outpace inflation.

taimychoo

I'm going to assume that's a typo, as the stock price today is $236. That's a 3.51% increase since OP made the post. TTWO has been lagging behind all 3 major indices (S&P +10.6%, NASDAQ +16.3%, DJIA +8.96%). I'll check in later a year from now. RemindMe! 1 year

maomaocat

need DJIA to crash and take spy with it

xiongchiamiov

Neither of those investments are tracking what you think they are. They are both growth-oriented funds. Growth here is a technical term that in essence means "these companies are priced higher because we expect them to grow more". It doesn't mean they actually will grow more, and in the longterm the opposite side (value) has actually lead to slightly higher returns. The s&p 500 and the DJIA are both intended to represent the direction of the total market, ie no growth vs value filter. If you actually want to invest in the S&P 500, buy a fund like VOO. Other reasonable alternatives: * buy the total US market (VTI) * buy the total world market (VT) * perhaps the best option for you, buy your broker's indexed target date fund, which will buy the whole world's stock market, plus bonds and perhaps a few other assets, in a reasonable mix that adjusts over time My personal strategy follows https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy, because it is well-supported by evidence and theory, and is extremely simple.

nigelnyc1

I may get my -1K DJIA and -500 NDX a day early.

nigelnyc1

we need a -1K DJIA and -500 NDX tomorrow to get this market back in line where it should be

Purple_oyster

I think the DJIA is priced in usd, so not really seeing the impact of a 15% decline in the dollar

letitgo99

This is the Q rug pull The DJIA rug pull has been the past 6 months

VetalDuquette

When I was 28 my net worth was $14,500. The DJIA was 5,000 and had skyrocketed in value in the previous few years. Since then I have DCA’d into the market and bought real estate. I’m 58 and my net worth is $2.75M. Trust the process.

Soybeanrice

cmon tech, stop draggin ass and get up there with DJIA

nigelnyc1

Looking for -500 DJIA and -300 NDX.

user-namepending

Buying into international equities in April ✅️ Cashing out US equities during the April dip ⁉️ Multiple things can be true at the same time. There was no reason to sell US equities triggering capital gains unless it aligned with your financial goals. If you're talking about DJIA and SPY sure but those indices are lagging behind due to some major players that haven't recovered yet. If your primary strategy WAS SPY than yes you are a bonehead for selling. These are long term players so the fact that emerging markets are outperforming for the past year is completely irrelevant.

S-Club-Party

> everything's red The DJIA is up half a percent lmao

FoxontheRun2023

As usual, people are taught like seals to “buy the dip”. I predict that DJIA will only be down by 300 at day’s end.

omigula

When Bush bombed Iraq on 03/19/03, a Wednesday, the DJIA closed 30bps higher the next day

rbraalih

DJIA roaring bull from 1942 onwards Pakistan India 2025 - no effect

SnooChipmunks2079

I intend to retire in the next decade. In early March, I moved 75% of my tax-deferred stock portfolio to bond and/or capital preservation funds depending on what was available. I continue to believe this was a good decision and may not return to stocks in any significant way in the retirement accounts until after the midterms. Year-to-date in my tracking spreadsheet, as of last Saturday: * DJIA is down 0.5% * S&P500 is up 0.5% * My overall investments are up 0.5% * Normal brokerage account (all stocks) is down 2% * IRA is down 2% * Roth IRA is down 3% * 401(k) - where most of my assets are - is up 0.3% * 529 plan is up 1.7% when you subtract out the ongoing contributions. It's still all stocks. * Crypto (mostly Bitcoin) is up 9% but it's only about $12K. The IRA, Roth, and 401(k) are the accounts where I reduced stock allocation to 25%. Mostly in VTSAX. The brokerage, IRA, and Roth are each slightly above $100K. 401(k) is about $1.5M. 529 is about $35K. I'm going to spend some time looking at if I screwed up the spreadsheet because my gut feeling is "biggest investment up 0.3%, overall up 0.5%, everything else down" seems wrong.

BlackFlames01

Don't worry; the DJIA closed at 40 in 1896, 129 years ago. So, you just need to hold for ~129 years.

Eeeegah

DJIA day Trump took office: 44025.81 DJIA today: 42,762.87 Yup, up bigly.

nigelnyc1

Market is giving you a chance to exit now before DJIA -500.

BlackFlames01

You're more right than you know. The DJIA started in 1896 [129 years ago] and closed the year at 40. In 2024, it closed at 42,544.

nigelnyc1

The joys of trading. Sometimes yes (anticipation of rate cuts), sometimes no. I noticed an immense amount of EOD divestments yesterday. That DJIA/NDX -500 day is not far off IMO.

aqjneyud2uybiudsebah

I'm fairly certain you've completely misread the situation at hand, but I could be wrong. Firstly, the markets as of right now have priced in that the tariffs are not actually going to happen. If you look at the price levels of DJIA now compared to before liberation day, you'll see the price level reflects <1% change. This indicates markets think things haven't fundamentally changed, which in order for that to be true, markets must believe tariffs are a non factor. Many have started calling this the TACO trade since they expect POTUS to chicken out and delay tariffs actually taking place because he's scared of crashing the economy. Secondly, the scenarios we have are as follows: 1. Courts block tariffs: market stays flat 2. Court fails, tariffs back on: splits into a few cases A. We make magical deals with countries that fix all the problems ever (with the same countries who are angry with us for upsetting the global trade balance): ~0% chance, market rallies B. No deals made: US economic hegemony is threatened, markets crash C. TACO: what is currently priced in, POTUS backs off and puts more extended tariff deadlines, markets flatline as expected D. China's power play works and we end up in a period of Chinese hegemony: we're cooked, learn Mandarin asap There are obviously variations of these where a couple deals are made, etc., but generally the market is pricing in TACO

Rare-ish_Bird

Dow is weighted by stock price, rather than market cap, so if you want to trade the DJIA trend, you just trade GS or MSFT.

mustardinthecustard

You asked for two, I gave you six. They also happen to be some of largest single-day losses in history. Of the top twenty worst days for the DJIA, ten were a Monday.

stockpreacher

I tried to post links in my reply but the sub thinks they're spam so I wasn't able to post them. You're conflating a recession with stock market performance. They aren't always correlated. They often diverge. It's common for the market to rocket up prior to a recession. Here are some other issues with your reasoning: 1. Inflation is not a recession indicator. It is the opposite. That's the definition of a recession - **it's a contraction in the economy - not an expansion.** As you'll note on your chart, the line goes down before a recession. **The line is going down.** 2. Unemployment spikes in the mid-late stage of a recession cycle. It goes **hiring slow down -> cutting hours, cutting temporary workers -> mass layoffs.** Go to Tradingview and chart URATE against JTSIL, TEMPHELPS, JTSJOL. You'll see what happens - all three decline in unison, then bottom out, **then** unemployment rises. I'll save you the trouble of charting it. Since 2022, all have been in clear, consistent decline but have not bottomed. 3) Home prices lag. You'll note that before each recession, home prices peak and roll over then decline. Home prices have peaked, rolled over and are starting to decline. 4) Investor sentiment, like the stock market, is often completely uncorrelated to the economy. Typically, sentiment peaks before recessions. If you want an **economic** indicator and not an **equities** indictor, look at consumer sentiment. It has a tight correlation to the market. Currently, it at levels that have only been this low 3 other times in history. If you check the chart, you will see that lows precede big declines in the stock market and recessions 5) You're cherry picking delinquency data. If you want a comprehensive view of that situation, consumer delinquency rates have been increasing since 2022 and are now higher than they have ever been since 2018. On your own chart, mortgage delinquencies aren't steady, they are steadily increasing - have been since Q4 2023 6) On your own chart, Capacity of Containerships Calling at U.S. Ports just had a sharp spike down and hasn't been this bad in 3 years. No idea why you're making a random comparison to 2007. Not every recession is the same or has the same timeline. But, if you want to run with that as a comparison: \- DJIA peaked in Dec 2024 \- Mortgage delinquency rates have been trending up sines Q4 2023 \- We have been in a housing bubble (and predictions about it) for years. Price to income is higher now than it was at the peak of the housing bubble. So, if anything, your odd comparison proves we have issues.

PetronivsReally

You didn’t come back after three weeks to share how terribly the economy has been. DJIA is up .6%, while the NASDAQ is up 4.2%. The unemployment rate stayed steady at 4.2%, and inflation dropped to 2.3%. So, everything stayed the same or improved. Your doomsday predictions didn’t really pan out, eh Nostradamus?

newtradenow

Hi. Thanks for sharing. I have a problem finding a similar thing on the internet - especially by sectors. I think that the Real Estate list is missing over there. Does the list cover the whole USA industry, right (S&P, NASDAQ, DJIA, Russell), right?

cloud7100

You can buy the Russell 3000, or even the Russell 2000 if you like small caps. S&P500 is just one index among many. You’re speaking like the S&P500 is the only index in the world. Hell, go back 10 years and everyone preferred to talk about the DJIA, which is the biggest of the big caps.

SinkThink5779

Next week: we have reached a preliminary deal with Lithuania for 10% tariffs. <DJIA over 50k>

MountaintopCoder

In your scenario, it means the DJIA is down 0.25% and the NASDAQ is up 0.75%. They *are* telling you the percentage change.

OrneryZombie1983

According to a study, during the Great Depression, the DJIA with reinvested dividends was back to even by 1937 but then suffered another drop and you would have to wait until 1945 to be even. The DJIA itself didn't break even until 1950-something. That said, I wouldn't hold my breath that 21st century companies wouldn't slash their dividends to zero.

BenisSpaghetti

UNH by a mile. DJIA Blue Chip blows up and market price gets sent back 5 years. 

TinKnight1

Is Trump now a Democrat again? Democrats have been crying this out for years about Walmart, Kroger, & others, as they all profited heavily by driving up costs well beyond inflationary influences. That directly benefitted their stockholders, with both of those companies' stocks more than doubling since Covid & in particular over the last 3 years, both at significantly greater rates of growth than the S&P & DJIA. Of course, we all know the real reason He's complaining about it, because it makes HIM look bad. But, without a change in how the stock market & the basic economy functions, companies will forever increase rates while never really substantially decreasing them. And tariffs are a cost that are born by those receiving the goods...at least He is finally starting to understand that companies will do this in reaction to His actions.

rriggsco

1000 points off DJIA? Maybe.

Acavia8

Please please please let history repeat, or make it even worse since this follows an up week instead of a down week as in 2011: When the U.S. credit rating was downgraded by S&P from AAA to AA+ on **August 5, 2011**, the stock market reacted sharply: # Key Market Reaction: * **Monday, August 8, 2011**: The first trading day after the downgrade. * The **S&P 500** dropped **6.66%** in a single day — the worst one-day decline since December 2008 at that point. * The **Dow Jones Industrial Average (DJIA)** fell **634.76 points**, or about **5.55%**. * The **Nasdaq Composite** dropped **6.90%**. # Broader context: * The S&P 500 had already been falling in the days leading up to the downgrade due to the debt ceiling standoff and growing concerns about the economy. * From **July 22, 2011** (just before the debt ceiling fight intensified) to **August 8, 2011**, the S&P 500 fell **approximately 16.8%**. Let me know if you want the full timeline or sector-specific effects.

Rare-ish_Bird

Jfc its unbelievable a DJIA stock could be down 58% and trading at 10 x earnings.

CCWaterBug

DJIA today, brought to you by Fanspro!

jackrebneysfern

DJIA was 44,600 when I checked out. I haven’t missed anything except misery. And when the P/E hits what?? 35? 45? What number would be sufficient to make you shy? Is there one? Ever heard about the tulips?

NYSE_941_Gray

https://preview.redd.it/72yrpanypx0f1.png?width=2732&format=png&auto=webp&s=fc27195fe09aa6a299ec23e2879b417217d22035 Numbers dont lie. Look at how the Asian indexes all trade lockstep with the DJIA post election … Trump is winning

RaechelMaelstrom

I love how UNH and the price weighted indexing of the DJIA is keeping the Dow flat, take that NVDA you're only worth a third of mighty UNH.

OSUBonanza

DJIA is fucked

MrRobotFancy

the DJIA down as much as it it is, hey, maybe UNH was way tf too big and uncompetitive, yeah?

Remote_Put_3364

RIP the DJIA tomorrow

dibis54986

UnitedHealth Group Inc. (NYSE: UNH) is a component of several major U.S. stock indices: * **Dow Jones Industrial Average (DJIA)**: UNH has been part of the DJIA since September 2012. * **S&P 500**: As one of the largest U.S. companies by market capitalization, UNH is included in the S&P 500 index.**S&P 100**: This index comprises 100 leading U.S. stocks, including UNH. * **Russell 1000 and Russell 3000**: UNH is part of both indices, which track large-cap and broader U.S. equities, respectively.

Hacking_the_Gibson

> They also are hated by everyone and forced to slash their abusive tactic of auto denying claims, which probably will hit their revenue. You don't actually understand the insurance business, do you? Claims is money they pay out, premiums is money coming in. Denying fewer claims would hit profit, not revenue (if anything). > People are really thinking this stock movws like it's a Mag7 lol LOL, a 50% drop straight down is a penny stock move, not a Blue Chip fuckin DJIA component. I don't think it will skyrocket back up in the next two weeks by any means, but the idea that there is meaningfully more downside from here is...interesting?

Hacking_the_Gibson

The -18% day was after it dumped 30% percent in the prior three weeks. It is about 50% down from its local peak prior to earnings. How much dump do you expect out of a DJIA component in a month? Is about 50% not enough?

An_Unusual_Mind

DJIA to 30k. The Don has no more cards.

FactCheckerJack

Trump routinely engages in market manipulation and other capricious policies that could tank the market and be remanded two days later. He could destroy specific industries like steel-importing companies (Harley Davidson) or companies that import food from Mexico. As long as Trump is president, you're trading against complete unpredictability. Reminder that the DJIA is still down 3k points overall.

jayspapa

They need to delist this nightmare from the DJIA

Affectionate-Day2743

UNH is down 45% since April 11. WOW. lol. this for a company that used to be the largest weighting factor in the entire DJIA

An_Unusual_Mind

Saudi is serious business. Everything will pump. Dow, spy, Nasdaq. DJIA = 45k. Trust me bro.

Ishidan01

Correct. The DJIA was kissing 45k before the tariff lunacy. We're still down 2.5k from if Donny had done nothing.

HustlaOfCultcha

Stock market is speculation. That's why you don't understand it. The DJIA has averaged a 10% drop once every 2 years in the history of the DJIA. And a 25% drop once every 6 years. IIRC, we have never gone more than 4 years in a row without at least a 7% increase. Trump didn't 'crash the market' with his 8.5% drop. Smart investors were licking their chops when the stock market went down. The day traders were the ones that had merit to their panicking.

NoEducation9658

I saw a reddit post where someone claimed to have liquidated their 401k when the DJIA was around 39000. Paid the 10% penalty + taxes on income. They wont need it for 20+ years but apparently the plan was to sell and then get back in or something ???

HustlaOfCultcha

The market never crashed. In the history of the DJIA it has averaged a 10% drop (and the DJIA drop only peaked at about 8.5%) once every 2 years. There's a 25% drop about once every 6 years. The DJIA just increases over time. I'm just mad at myself because I was going to wait until the DJIA dropped by 10% and then I was going to swoop in and buy from panic sellers. Having said that, the opposite applies as well (to a certain degree). Don't get too confident and don't make risky trades. Just stay the course. Let the day traders panic and never listen to the mainstream media. They don't have any interest in telling the truth. They're only there to draw ratings.

HustlaOfCultcha

Trump has said for the past 40 years that he's all for free trade, it just has to be equal and fair. That's why he paused the tariffs (still had them in tact, but at a lower rate) early on with the other countries. The other countries also 'paused' their tariffs as well. It shows a good faith effort that you're willing compromise and re-negotiate. Think about the tariffs for a second to get more of a clear picture. If Trump really did not want any type of free trade them there would be no exemptions granted under these tariffs. Companies wouldn't be able to get around the tariffs by building plants and hiring American workers. They'd simply have to pay the tariffs no matter what they did simply because they are a company from a foreign country. Instead these companies can get around the tariffs if they feel it's the better option. And these countries are welcome to come to the negotiation table and negotiate a different deal. Some may want to re-negotiate a deal with some tariffs in place, others may want to eliminate tariffs altogether. We gave the other countries 90 days to negotiate. Negotiation takes time and were are only about 5 weeks in. And the DJIA isn't the economy. It's a decent indicator of the economy, particularly from the standpoint of how wealthier corporations are doing. Both sides need to stop cherry picking when the DJIA represents the economy and when it doesn't.

jackrebneysfern

I got out in mid November(wonder why?) with DJIA at 44,600. All I’ve missed is a whole shitload of headaches & misery and what would still be net losses on my 401k. What do markets like? We’re supposed to look at historicals(even inconvenient ones) and that tells us markets like stability from the political side. If you see any stability coming any time soon you let me know. I see an asshole that can’t WAIT to toss underlings in front of a bus and start cranking the wheels in any direction that the wind blows him. But hey, maybe this is the one time(conveniently) that we decide chaos & uncertainty is better for ACTUAL BUSINESSES that produce ACTUAL THINGS to create their “fundamentals”. Won’t THAT fuck up 200 business schools in the USA. “Yes students, having NO IDEA what you MIGHT be paying for raw materials in 3 months, and as soon as a “deal” is reached you stay on your toes in case that countries leader offends the orange baboon, then it all get tossed. Explain how this is a good business climate. Unless you don’t care about fundamentals and just want to play in the “tulips”. In which case I’d love one simple answer. What P/E ratio actually scares you? Is there one?

ShrinkingManNuggets

I don't understand what you mean when you ask what they're looking at because they're responding in the same manner to what you're saying when DJIA and S&P is in the red. Aren't they also saying the same in that regard or am I missing something here? The lie is that it is NOT up (green) when in fact it's down (red) so where is the confusion?

SasparillaTango

DJIA down 0.28% at close

themiracy

What are you guys looking at? DJIA is (slightly) in the red basically all day. S&P is in the red basically all day. NASDAQ just turned flat on my ticker.