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=> GENERAL DISCUSSION => Topic started by: hutch on December 13, 2023, 09:19:28 pm

Title: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 13, 2023, 09:19:28 pm
Exactly what it says!

Closest wins!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: notme on December 13, 2023, 11:16:22 pm
it's back to where is was 2 years ago.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 13, 2023, 11:26:04 pm
We are trying to predict the future not the past here
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on December 14, 2023, 02:45:05 am
don't care
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 05:51:42 am
Well I never
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 08:25:49 am
I am calling it:

February 29, 2024
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on December 14, 2023, 08:53:45 am
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

Wait, did I mistype? I meant 2024, obviously.

And of course, no meaningful Trump trials, ever. The deep state wants a Trump dictatorship.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on December 14, 2023, 09:48:02 am
It’s funny I noticed that the right has stopped the drum beat of check your 401(k)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on December 14, 2023, 10:31:05 am
It’s funny I noticed that the right has stopped the drum beat of check your 401(k)

Of course many on the right don't have a 401K. Which is why they should be voting for more government handouts, not less.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Julian, Hyperpop SLUTFUCK on December 14, 2023, 10:34:01 am
It’s funny I noticed that the right has stopped the drum beat of check your 401(k)

Of course many on the right don't have a 401K.
Roth IRA all the way.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on December 14, 2023, 01:16:18 pm
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

2024?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on December 14, 2023, 01:20:15 pm
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

2024?

Id that what next year is? Yeah 2024. Sorry, Trumpbiden brain.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 03:27:46 pm
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

2024?

Id that what next year is? Yeah 2024. Sorry, Trumpbiden brain.

I have to say Space, I really resent your equating Trump and Biden in any way. It’s pretty lame.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on December 14, 2023, 03:33:43 pm
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

2024?

Id that what next year is? Yeah 2024. Sorry, Trumpbiden brain.

I have to say Space, I really resent your equating Trump and Biden in any way. It’s pretty lame.

Come on, they're both not the sharpest tacks in the room. Neither of them ever were, and both have mentally slid with age.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 03:52:26 pm


In the current context it’s just stupid. Biden could be the last US democratic president of our lifetime. You know that right?

And let me ask you, do you really think Biden is in as bad mental shape as Trump? Is he doing a bad job administering our government? Remember how it was with Trump with people resigning left and right? Is Biden a psychopath?? What are you really talking about and do you really want to crack jokes about it?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on December 14, 2023, 04:12:58 pm
Space's dangerous insinuation that Biden is senile is going to cost him the election!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 04:17:28 pm
Well you would know since you cost Hillary the election! You posted dozens of times how her and Trump were the same!!

You really need to shut your mouth when it comes to politics for the rest of your life cause that level of sheer idiocy cannot be lived down.

And don’t tell me you voted for her cause you can’t prove it.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on December 14, 2023, 04:22:42 pm
Sorry that one was on me.

Well you would know since you cost Hillary the election! You posted dozens of times how her and Trump were the same!!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on December 14, 2023, 04:25:54 pm
Apology not accepted!


Shameful!!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Julian, Hyperpop SLUTFUCK on December 14, 2023, 05:01:08 pm
Apology not accepted!
The ladies at the yacht club will get the vapors when they hear of this break with decorum!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on December 14, 2023, 05:26:28 pm
https://x.com/realDonaldTrump/status/1120820536605585408?s=20
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 20, 2024, 10:50:47 pm
Unfortunately coming over here reminded me of Space and NKOTB’s bothsidesism. 🤮

Anyway looks like tomorrow could be the day…

(https://i.ibb.co/z70Hk5L/IMG-1634.png) (https://ibb.co/qWPFZn4)

If Trump was president this is all republicans would talk about but because it’s Biden all we hear is how everything has gone to shit. 💩

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on March 21, 2024, 07:36:46 am
I'm going to go with March 4th (2023), the day the Trump trial begins, hopefully.

https://youtu.be/8x9Cv-dLw9E

2024?

Id that what next year is? Yeah 2024. Sorry, Trumpbiden brain.

As if any of the trials are ever going to take place. LOL.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on March 21, 2024, 08:25:26 am
First, this is fake.  Money is fake and the stock market is 100% fake  That's like saying Biden should get credit for the Tooth Fairy leaving more money.

Second, I don't think both sides are the same.  For example, Trump never militarily backed a genocide.

Unfortunately coming over here reminded me of Space and NKOTB’s bothsidesism. 🤮
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on March 21, 2024, 09:00:06 am
First, this is fake.  Money is fake and the stock market is 100% fake  That's like saying Biden should get credit for the Tooth Fairy leaving more money.

Second, I don't think both sides are the same.  For example, Trump never militarily backed a genocide.

Unfortunately coming over here reminded me of Space and NKOTB’s bothsidesism. 🤮


Oh, he will. About 10 months from now.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 21, 2024, 09:33:40 am
First, this is fake.  Money is fake and the stock market is 100% fake  That's like saying Biden should get credit for the Tooth Fairy leaving more money.

Second, I don't think both sides are the same.  For example, Trump never militarily backed a genocide.

Unfortunately coming over here reminded me of Space and NKOTB’s bothsidesism. 🤮


This is the kind of lunacy that got us in trouble in the first place.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on March 21, 2024, 09:36:46 am
He'll continue a genocide in about 10 months.

First, this is fake.  Money is fake and the stock market is 100% fake  That's like saying Biden should get credit for the Tooth Fairy leaving more money.

Second, I don't think both sides are the same.  For example, Trump never militarily backed a genocide.

Unfortunately coming over here reminded me of Space and NKOTB’s bothsidesism. 🤮


Oh, he will. About 10 months from now.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 21, 2024, 09:47:18 am
If Israel wanted to exterminate the Palestinian people in Gaza it could do it before I click post.

Making crazy unfounded accusations doesn’t do your credibility any favors.

Although it may pain you to accept, the US has very limited leverage with Israel. This isn’t Israel in 1955 or even 1982. Biden can tell Netanyahu whatever he wants but Bibi doesn’t have to listen and in fact isn’t listening.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on March 21, 2024, 01:27:39 pm
Trump never militarily backed a genocide.

correct, he prefers mass killings of civilians via non-military methods
https://www.scientificamerican.com/article/trumps-policy-failures-have-exacted-a-heavy-toll-on-public-health1/ (https://www.scientificamerican.com/article/trumps-policy-failures-have-exacted-a-heavy-toll-on-public-health1/)
https://www.businessinsider.com/analysis-trump-covid-19-response-40-percent-us-deaths-avoidable-2021-2 (https://www.businessinsider.com/analysis-trump-covid-19-response-40-percent-us-deaths-avoidable-2021-2)
https://www.npr.org/sections/health-shots/2021/12/05/1059828993/data-vaccine-misinformation-trump-counties-covid-death-rate (https://www.npr.org/sections/health-shots/2021/12/05/1059828993/data-vaccine-misinformation-trump-counties-covid-death-rate)
https://www.newsweek.com/donald-trump-hydroxychloroquine-deaths-coronavirus-1858066 (https://www.newsweek.com/donald-trump-hydroxychloroquine-deaths-coronavirus-1858066)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on March 21, 2024, 01:30:01 pm
Let's predict the day Hutch becomes/became a 401K millionaire.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on March 21, 2024, 01:46:32 pm
I mean, you do know how many people died of COVID under Biden, right?

Trump never militarily backed a genocide.

correct, he prefers mass killings of civilians via non-military methods
https://www.scientificamerican.com/article/trumps-policy-failures-have-exacted-a-heavy-toll-on-public-health1/ (https://www.scientificamerican.com/article/trumps-policy-failures-have-exacted-a-heavy-toll-on-public-health1/)
https://www.businessinsider.com/analysis-trump-covid-19-response-40-percent-us-deaths-avoidable-2021-2 (https://www.businessinsider.com/analysis-trump-covid-19-response-40-percent-us-deaths-avoidable-2021-2)
https://www.npr.org/sections/health-shots/2021/12/05/1059828993/data-vaccine-misinformation-trump-counties-covid-death-rate (https://www.npr.org/sections/health-shots/2021/12/05/1059828993/data-vaccine-misinformation-trump-counties-covid-death-rate)
https://www.newsweek.com/donald-trump-hydroxychloroquine-deaths-coronavirus-1858066 (https://www.newsweek.com/donald-trump-hydroxychloroquine-deaths-coronavirus-1858066)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: grateful tagle zuppi pizzaboli on March 21, 2024, 02:18:43 pm
Let's predict the day Hutch becomes/became a 401K millionaire.

Are we not all in that club?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on March 21, 2024, 02:20:07 pm
I mean, you do know how many people died of COVID under Biden, right?

more than under trump (~600k vs 400k), however:
1) trump's admin had 10 months of pandemic, biden's admin covered 28 months. the first graph in this article (https://www.pewresearch.org/politics/2022/03/03/the-changing-political-geography-of-covid-19-over-the-last-two-years/) shows that the deaths were not front-loaded.
2) biden inherited a mess and immediately set about improving the situation thus there is no concept of "excess deaths" associated with biden's response. 

the criticism here isn't that some americans died under trump - that was inevitable, unfortunately - it's that 180,000 more people died that would otherwise be expected, primarily due to trump's policies and statements (i.e., because of trump).  dunno about you, but having 180k people die because a leader prioritized his image and reelection campaign over the lives of civilians skirts awfully close to genocide territory.

anyhoo, i think we can agree that in november, we'll have a choice between two old men who are willing to put political considerations above the lives of civilians. 
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on March 21, 2024, 03:01:12 pm
Let's predict the day Hutch becomes/became a 401K millionaire.

Are we not all in that club?

I bet not.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on March 21, 2024, 05:25:42 pm
Biden oversaw more deaths from COVID and the the worst, most deadly spike a year into his presidency...i don't think you can chalk that up to "oh he's still dealing with a mess".  If you're going to say Trump's policies were responsible for 180,000 deaths (and they were), can you can't say Biden's policies didn't do the same.

Look, Trump...disgusting, evil piece of shit who should absolutely be put against the wall for his actual crimes.  And there are plenty of ways to convincingly point out that Biden is better (for example, he's got way less credible accusations of sexual misconduct!), but their handling of COVID ain't one.

I mean, you do know how many people died of COVID under Biden, right?

more than under trump (~600k vs 400k), however:
1) trump's admin had 10 months of pandemic, biden's admin covered 28 months. the first graph in this article (https://www.pewresearch.org/politics/2022/03/03/the-changing-political-geography-of-covid-19-over-the-last-two-years/) shows that the deaths were not front-loaded.
2) biden inherited a mess and immediately set about improving the situation thus there is no concept of "excess deaths" associated with biden's response. 

the criticism here isn't that some americans died under trump - that was inevitable, unfortunately - it's that 180,000 more people died that would otherwise be expected, primarily due to trump's policies and statements (i.e., because of trump).  dunno about you, but having 180k people die because a leader prioritized his image and reelection campaign over the lives of civilians skirts awfully close to genocide territory.

anyhoo, i think we can agree that in november, we'll have a choice between two old men who are willing to put political considerations above the lives of civilians.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 21, 2024, 06:43:37 pm
I think I said the same on here years ago. Nobody ever mentions it but more died from Covid under Biden. It’s just a fact.

And if you subscribe to the idea that the buck stops with the president not sure one can not lay it at Biden’s feet. Although it’s not clear to me he did anything wrong. He did what he was supposed to do: follow the advice of those that supposedly knew the most.

The truth is we will never know what we did wrong or who is to blame or even how it started or what China really knew early on. It’s just very complicated. It’s going to be like the great influenza: society will move on and there will be different theories about what happened.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on March 21, 2024, 08:44:59 pm
Biden oversaw more deaths from COVID and the the worst, most deadly spike a year into his presidency...i don't think you can chalk that up to "oh he's still dealing with a mess".   

you missed my point: deaths were inevitable, for any president.  even with the perfect, science-based policies.  the question is, did a president's policies contribute additional deaths above and beyond what an adequate response would bring?  studies are conclusive: 180k more americans died under trump due to his mismanagement.  there simply isn't one for biden, but please let me know if you find one.

the "worst, most deadly spike a year into his presidency" was due to a new variant (delta) that was more virulent didn't respond to vaccination as well as previous variants.  same with the later omicron variant.  those aren't policy-related spikes.

biden did inherit a mess - and look at the curve for the first year of his presidency.  amazing what promoting & enhancing access to the vaccine can do (AKA policy decisions).  and i didn't say that the only reason was dealing with the inherited mess, please don't reduce my argument to just one point  :)

If you're going to say Trump's policies were responsible for 180,000 deaths (and they were), can you can't say Biden's policies didn't do the same.

yes one can.  trump policies directly resulted in additional death that could have been avoided.  he called for ignoring the issue and hoping it would just go away (despite being told that it wouldn't), putting off the shutdown as long as possible, promoting quackery like ivermectin, and casting doubt on the vaccine.  i will however give credit to trump for green-lighting project warp speed even though he didn't do anything with the resulting vaccine - he was too busy plotting his coup).  how you can say that they are both the same, and that the pandemic would have unfolded in the same way regardless of who was in the white house, is baffling.

And there are plenty of ways to convincingly point out that Biden is better (for example, he's got way less credible accusations of sexual misconduct!), but their handling of COVID ain't one.

strongly disagree.  you cannot paint their approaches to covid with the same brush.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 21, 2024, 08:47:44 pm
That’s bull Sweetcell. You can’t say those deaths were inevitable.

You could say there is no evidence they were preventable.

Not sure I agree with that though…
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: notme on March 21, 2024, 10:32:27 pm
the market(s) are doing well bc they are pricing in a trump win in nov. at least that is what trump said.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 21, 2024, 11:26:37 pm
Ha ha ha

😂
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 22, 2024, 04:45:57 pm
We didn’t make it
Am deflated
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: grateful tagle zuppi pizzaboli on March 22, 2024, 05:17:22 pm
We didn’t make it
Am deflated

Things we also didn't do:

Start the Fire
Light it
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on March 22, 2024, 07:37:50 pm
Yes I can it's my brush

you cannot paint their approaches to covid with the same brush.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 16, 2024, 02:29:33 pm
ok, well may 16 2024 is the day it crossed
https://www.msn.com/en-us/money/markets/the-dow-crosses-40000-for-the-first-time-in-history/ar-BB1mvBZv?ocid=BingNewsSerp

likely won't close over that, but line crossed...what's next 80K

Yes space beat me to it, but he didn't post in the correct thread
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 09:54:07 am
Guessing March 28
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 11:12:22 am
Sidefi when will you be issuing your BUY order??


(https://i.ibb.co/8gX4rXJs/IMG-5078.png) (https://ibb.co/9HG3bGJg)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 11:15:54 am
^what stock/index is that?

Absosmurfly not...site on the sidelines with cash.  CD's are still paying 3%, so not a bad place to sit
But I do think buying opportunities will happen

Goldman Sachs (GS) said Friday that the likelihood of a recession within the next 12 months has increased from 15% to 20%. If the White House continues with additional tariffs, the bank said the risk of a recession would increase



QQQ (Nasdaq ETF )just lost 6 months of gain in about 3 weeks
is this what great means.  Democrats should be telling people to look at their 401ks...specifically the YTD returns
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 11:28:48 am
Wait what kind of operation you running Sidefi??


Tesla
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 11:32:52 am
Wait what kind of operation you running Sidefi??


Tesla
all of my clients have made millions, so not sure what you are talking about
-narrator: he has never had any clients
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 12:22:49 pm
Wait what kind of operation you running Sidefi??


Tesla
also tesla
look at the 5 years chart

the time to get in was in 2020 (was in the $30s)
You could have even bought in 2023 (at $113) and still be up over 100% today (although on 1/6 you would have been up 280%)

short term stocks are always a poor play
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 02:38:16 pm
Wait what kind of operation you running Sidefi??


Tesla
also tesla
look at the 5 years chart

the time to get in was in 2020 (was in the $30s)
You could have even bought in 2023 (at $113) and still be up over 100% today (although on 1/6 you would have been up 280%)

short term stocks are always a poor play

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 02:43:02 pm
Dow down 963 points but am sure will bounce up bigly as we have entered a new American golden age.

Anyhow Trump said he doesn’t pay attention to market. Remember his first term???
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 02:55:26 pm

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”
do you have proof? 

also in the contract you signed for me to be your fiduciary advisory explicitly states:



**Disclaimer:**
Please do not take my investment advice seriously unless you enjoy living life on the edge, have a penchant for financial thrill-seeking, or are secretly a superhero with a cape and a magic crystal ball.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 03:00:40 pm
So can we change the name of this thread to Predict date down will go below 40k (or 30K if we are being woke)

Question is now...do one bank (sell) a lot of the gains they made in the last decade now before it's too late
there are lots of CDs still above 4%  (although only 6-18 month terms)

This is the problem with the MAGA/GOP philosphy of running the Gov't like a business
“If a company goes boom and blows up and suddenly, you know, is just a smoking crater, it’s a tragedy … but it’s easily recoverable. If a government blows up, that’s a terror for all of society,” Hoffman said.
co-founder Reid Hoffman, who worked with Musk in the early days of PayPal in 2000
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 03:17:20 pm
Thread title still works…I predicted March 28 I think


Maybe too optimistic
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 10, 2025, 03:21:56 pm

But when it was $113 Sidefi said not to buy until it got to $100?!

“I want restitution!!!!”
do you have proof? 

also in the contract you signed for me to be your fiduciary advisory explicitly states:



**Disclaimer:**
Please do not take my investment advice seriously unless you enjoy living life on the edge, have a penchant for financial thrill-seeking, or are secretly a superhero with a cape and a magic crystal ball.

Well you do have the lowest mortgage rate of anyone…will give you that
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 10, 2025, 03:28:06 pm
I'll take that as a win!

in related news

Donald Trump (August 2024):
“We are going to have a crash and we’re going to have a crash like a 1929 crash if she gets in."
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: notme on March 10, 2025, 06:51:03 pm
i was buying on dips up until a couple of weeks ago. now i am waiting until the end. you will never get in the bottom, because when it reverses, it goes up fast. the question is, will this be as bad as trump's covid crash? on another note, i heard bill gates made big money betting tesla would crash.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 11, 2025, 02:26:44 pm
S&P 500 On Verge of Correction

Sevens Report Research's Tom Essaye told Barron's. "But while I don't think the bottom is in, I am hesitant of this sort of all of a sudden chorus of bears just coming out screaming, you know, that the whole thing's over. I'm hesitant to go that far as well."


So Bearman, can you tell me about the Chorus of Bears? 
Is that the new Gay Men’s Chorus, with a little DEI-unwashing?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 13, 2025, 10:24:11 am
buy on the dip
‘Buy The Dip’ Calls Fade as Trump Selloffs Rattle Wall Street
https://finance.yahoo.com/news/buy-dip-calls-fade-trump-120042858.html


Hutch may be pretty close to hitting the date we will slide back to 40k (after hitting a high of 44627 on 2/19/25)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: kosmo vinyl on March 13, 2025, 12:15:25 pm
Speaking of bears I saw this... I'm guessing depending on the type of bears this is good or bad turn of events...



Libertarians took over a town in New Hampshire. They gutted the government, slashing every “wasteful” service.

Including garbage pickup.

Due to this, the town was soon overrun by bears. The libertarians fled.

That failed experiment is now happening on a national scale.

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 13, 2025, 12:18:38 pm
(https://media.licdn.com/dms/image/v2/D4E22AQFWCJS1_-h7Ig/feedshare-shrink_1280/B4EZWEls4YGwAk-/0/1741686232234?e=1744848000&v=beta&t=Txpxd95nZmnVwHu0ayP_4zZssJ7_AvxBUzdoTaSW_BA)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 13, 2025, 03:31:38 pm
Hutch may be pretty close to hitting the date we will slide back to 40k (after hitting a high of 44627 on 2/19/25)
actually, we might it it this week

today's low 40,661
closing in on a 10% drop in less than 30 days
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on March 13, 2025, 03:53:38 pm
The Trump administration have outdone themselves and surpassed my wildest expectations for incompetence.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on March 13, 2025, 04:39:19 pm
Gold is on the rise!
although when we find out that Trump looted Ft Knox, wonder what will happen to that
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 02, 2025, 10:24:05 pm
this seems like a good thread to bump tonight

could be a wild ride in the AM
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 03, 2025, 07:57:04 am
It’s crazy that republicans are into tariffs now….
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 03, 2025, 10:57:38 am
40700…..now

Doesn’t mean it will be this at days end.

These tariff levels are insane. If these are carried through tens of millions of Americans will be pushed into poverty.

In a way, in the short term it will be a huge regressive consumption tax.

The only way this would make sense is if middle and lower class Americans were given a sizable income tax cut.

Over the long term it’s unclear to me exactly how this would shake out. Would international business change its way of doing business? Would manufacturing plants reopen? Would the poorer US states begin making t-shirts? I don’t see it unless there was an expectation that this is the way it’s going to be for the long term.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on April 03, 2025, 11:30:27 am
https://youtube.com/shorts/RUAuLSYLxus?si=kll9x7K2IMChTRXA
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 03, 2025, 11:39:32 am
https://youtube.com/shorts/RUAuLSYLxus?si=kll9x7K2IMChTRXA


Classic.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 03, 2025, 12:13:03 pm
Nothing to see here 1200 point drop is like a tourist
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: kosmo vinyl on April 03, 2025, 12:13:28 pm
the fact that newsmax rang the opening bell today is the chef's kiss on this fiasco
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 03, 2025, 02:44:49 pm
not the most popular index, but actually much better than DJ at looking at the market as a whole

The Russell 2000 tumbled more than 5.5% and is now flirting with bear market territory, a 20% drop from its most recent high.

So much wining
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 03, 2025, 03:24:04 pm
@theonion
Economists Warn Americans That Money Withering To Ash In Their Hands Could Be Sign Of Recession
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on April 03, 2025, 04:50:02 pm
dow jones closed at 40,545.93 - so, tomorrow?

other forms of evidence of winning:

NYSE Composite  -3.92%
S&P 500  -4.84%
DJIA  -3.98%
Nasdaq  -5.97%
Russell 2000 -6.59%

All Sectors -8.29%
   Technology -17.15%
   Financial Services -2.52%
   Consumer Cyclical -16.45%
   Healthcare 1.86%
   Communication Services -8.99%
   Industrials -7.38%
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on April 03, 2025, 04:51:42 pm
hey FinHatch: is this good or bad?

(https://pbs.twimg.com/media/GnoGZyGXYAAglqe?format=jpg&name=large)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 03, 2025, 08:49:29 pm
Depends.

Good or bad for whom?

It’s more complicated than stock market went down a lot bad….

What I don’t get is what do they want all this money for?? We know Trump believes in debt so it’s not going to go to pare down debt. You hear rumors about paying for tax cuts for the wealthy but you also hear of tax hikes for the wealthy. Six trillion over ten years is a lot of money so what’s it for?

Is the whole thing about creating blue collar jobs for the base via import substitution (proven and proven again and again to be a failure)? Seems unlikely and stupid to create low skill jobs that won’t pay much.
And since it’s a tax on consumption it will be very regressive and affect the MAGA base disproportionately.
Is it to sink the dollar so as to render government debt worthless?

I don’t get the game here….I can’t accept it’s designed to willfully destroy America.

I think Peter Navarro is the main advisor on this…would be good to study him
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 06:37:43 am
Welp, we did it
https://finance.yahoo.com/quote/YM%3DF/

Technically “the futures”
But the opening bell will likely shoot under 40k
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 07:09:16 am
Guessing March 28
I’m say 4/4/25
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on April 04, 2025, 07:15:57 am
Depends.

Good or bad for whom?

It’s more complicated than stock market went down a lot bad….

What I don’t get is what do they want all this money for?? We know Trump believes in debt so it’s not going to go to pare down debt. You hear rumors about paying for tax cuts for the wealthy but you also hear of tax hikes for the wealthy. Six trillion over ten years is a lot of money so what’s it for?

Is the whole thing about creating blue collar jobs for the base via import substitution (proven and proven again and again to be a failure)? Seems unlikely and stupid to create low skill jobs that won’t pay much.
And since it’s a tax on consumption it will be very regressive and affect the MAGA base disproportionately.
Is it to sink the dollar so as to render government debt worthless?

I don’t get the game here….I can’t accept it’s designed to willfully destroy America.

I think Peter Navarro is the main advisor on this…would be good to study him

Read Chris Murphy's tweets from yesterday.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 04, 2025, 08:40:46 am
Guessing March 28
I’m say 4/4/25


Hey I was off by a week!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 04, 2025, 08:41:53 am
Depends.

Good or bad for whom?

It’s more complicated than stock market went down a lot bad….

What I don’t get is what do they want all this money for?? We know Trump believes in debt so it’s not going to go to pare down debt. You hear rumors about paying for tax cuts for the wealthy but you also hear of tax hikes for the wealthy. Six trillion over ten years is a lot of money so what’s it for?

Is the whole thing about creating blue collar jobs for the base via import substitution (proven and proven again and again to be a failure)? Seems unlikely and stupid to create low skill jobs that won’t pay much.
And since it’s a tax on consumption it will be very regressive and affect the MAGA base disproportionately.
Is it to sink the dollar so as to render government debt worthless?

I don’t get the game here….I can’t accept it’s designed to willfully destroy America.

I think Peter Navarro is the main advisor on this…would be good to study him

Read Chris Murphy's tweets from yesterday.

I don’t do twitter no more.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 08:48:15 am
Welp, we did it
https://finance.yahoo.com/quote/YM%3DF/

Technically “the futures”
But the opening bell will likely shoot under 40k
Futures are on the rise…hit a low of 39206
But looking like it might get above 40k by the opening bell


A lot of people are making tons of money on these wild fluctuations
Still think cash on the sidelines is the way to go, buying opportunities will be present… although we could also be on a very long and painful market “correction “
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 04, 2025, 08:53:46 am
You should publish a weekly broadsheet!

What does Sidefi think are the odds of a recession this year?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 09:00:02 am
You should publish a weekly broadsheet!

What does Sidefi think are the odds of a recession this year?
well, I’d say 73.4%
We are rerunning the models daily, but may need to change to hourly



Don’t worry folks, Donny has this under control (don’t mind the all caps, things are very calm and normal)

TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!

Donald Trump Truth Social 4/04/25 08:44 AM
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 10:05:20 am
Guessing March 28
I’m gonna say 4/4/25
what was the prize here?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 10:09:08 am
Nothing to see here folks

Wall Street's biggest tech bull warns of $3,500 iPhones as 'economic Armageddon' looms from Trump tariffs

https://finance.yahoo.com/news/wall-streets-biggest-tech-bull-warns-of-3500-iphones-as-economic-armageddon-looms-from-trump-tariffs-122638699.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 11:16:26 am
Yowza… we were in the 38ks for a moment there


All the hype a few weeks ago was a blip… this shit is getting real bad quick

SELL!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 04, 2025, 11:17:59 am
Always be the salmon.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 11:49:05 am
Always be the salmon.
bears love salmon
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 04, 2025, 04:25:03 pm
any predictions when we get back to 40,000?

:)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Mark_Read on April 04, 2025, 05:16:55 pm
11/8/28?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 04, 2025, 05:59:25 pm
11/8/28?
ouch!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 07, 2025, 09:05:04 am
futures went in to the 36k range...not looking good for the opening bell

also
Morgan Stanley says S&P 500 could tumble another 7%-8%
Markets Tumble as Three-Day Selloff Wipes Out $9.5 Trillion

They always say Trump projects on others.  He said if we elect Harris, we'll have a crash like 29
welp...

I keep seeing everyone saying...the markets always go up
Important note...during the Great Depression, and the Dow did not recover its 1929 high until November 1954
can you imagine waiting 15 25 years to recover from this

11/8/28?
what if the reality was 11/8/2040 11/8/2050
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 07, 2025, 09:14:19 am
Ugh…that would be waiting 25 years
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 07, 2025, 09:17:58 am
Ugh…that would be waiting 25 years
I couldn't even wrap my head around how long that bear market was...updated my numbers as my clients might question my math abilities
Japan comes to mind in the 90s
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Justin Tonation on April 07, 2025, 09:39:58 am
Predict date Dow Jones 📈 hits 30,000!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 07, 2025, 10:28:47 am
Super volatile right now…was down 1100 then zoomed up 2000 and now zoomed back down…all in minutes…


(https://i.ibb.co/4gRfk15C/IMG-5205.png) (https://ibb.co/prjPqh9N)

Probably all based on rumours or Trump tweets. Kray
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 07, 2025, 11:10:19 am
It's official

The Nasdaq Composite has officially entered bear market territory, declining over 22% from its recent high
oh and Russell 2000 has also gone bear
S&P500 was momentarily a bear, but has come back (when it reaches 4,915)

(20% below high is definition of bear, not a rugged, masculine aesthetic characterized by larger body types, abundant body/facial hair)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 07, 2025, 11:18:32 am
#TrumpRecession
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 07, 2025, 11:20:24 am
Followed by #trumpflation   or more appropriately #trumpflagellation
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 07, 2025, 01:49:22 pm
This is interesting stuff for sure

https://www.cnbc.com/2025/04/07/peter-navarro-says-vietnams-0percent-tariff-offer-is-not-enough-its-the-non-tariff-cheating-that-matters.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 07, 2025, 02:14:36 pm
This is interesting stuff for sure

https://www.cnbc.com/2025/04/07/peter-navarro-says-vietnams-0percent-tariff-offer-is-not-enough-its-the-non-tariff-cheating-that-matters.html
TIL
that the Communist Party of Vietnam is still in charge, for some reason I was under the impression it was a democracy
(apparently, it is more accurate to describe Vietnam as a socialist state with communist governance)

honestly, I just thought it was China, NK and cuba were the only ones
 (and just found out laos is communist still as well)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 08, 2025, 09:51:59 am
welp, looks like 4/8 might break 40k at this rate

who knows where this will go, but I was eyeing NVDA in the low 90s and got cold feet
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 08, 2025, 02:05:12 pm
welp, looks like 4/8 might break 40k at this rate
retraction...just went into the 3700s again

big traders are making billions on these fluctuations
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 08, 2025, 03:04:07 pm
I mean it just comes down to one question.


At the end of the day and over the medium to long term - as crazy as it sounds forget about Trump and tariffs- do you feel the US economy is strong?

I happen to believe that despite some poor governance we have the best most dynamic economy in the world so if I was advising people I would just tell them to keep buying on the dips if they have cash and are willing wait it out…. Never ever bet against the American people. We will get our shit together eventually.

Its hard to be the salmon and swim against the tide when everyone is freaking out but that’s what it takes….
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 09, 2025, 10:13:41 am
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Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Justin Tonation on April 09, 2025, 11:13:41 am
(https://cdn.theatlantic.com/thumbor/katl9JV7Zwe_fcttJnDLnbopljE=/900x605/media/img/photo/2023/08/katmai/a01_1598901650/original.jpg)

The market is delicious!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 09, 2025, 11:20:10 am
well played!




This plan seems to be working out well
China said it will raise its tariff on US goods to 84%, retaliating to the hefty new tariffs on its imports that kicked in on Wednesday.

The move came after the Trump administration followed through on a threat to add a 50% tariff on Chinese goods, in addition to 34% reciprocal tariffs, raising the overall tariff rate on Chinese goods to 104%.


When pretty much all your electronics, household goods, textiles and appliances are ALL made in China...really not sure how this could do anything but crush budgets of anyone making under 200k household income
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 09, 2025, 11:41:24 am
True….

But must confess am sick of us buying everything from a country that seems to loathe us and pokes us in the eye all the time. I don’t think it’s just me that feels like that…
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 09, 2025, 01:51:14 pm
Ok we did it but then we fell back a bit….so let’s predict when we will next hit 40k
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 09, 2025, 02:03:50 pm
Did it again!!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on April 09, 2025, 02:19:58 pm
11/8/28?

Close.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 09, 2025, 03:19:14 pm
welp, looks like 4/8 might break 40k
This was closer
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 09, 2025, 03:50:01 pm
“Well something had to be done…people were getting a bit yippy….. no other president could have done what I did…you know that Dimon guy is really smart”


Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: grateful tagle zuppi pizzaboli on April 09, 2025, 07:52:14 pm
So many green:

https://finviz.com/map.ashx
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 10, 2025, 09:36:41 am
Feels like we been here before but any guesses on when we hit 40,000 again?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 10, 2025, 10:11:40 am
“Well something had to be done…people were getting a bit yippy….. no other president could have done what I did…you know that Dimon guy is really smart”
Not sure on my take on mr dimon, but that him and paul ryan are in support of expanding the EITC is kinda of interesting
https://www.msn.com/en-us/money/markets/jp-morgan-ceo-wants-some-americans-to-get-12-000/ar-AA1CC2Lo
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Mobius on April 10, 2025, 02:13:05 pm
Budget passed through House while everyone distracted. They get tax cuts and spending cuts. Now ‘deal’ can be made to relieve China tariffs and have another ‘euphoric’ rally in response.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 10, 2025, 02:28:06 pm
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: grateful tagle zuppi pizzaboli on April 10, 2025, 02:28:49 pm
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then

The house just passed the senate plan from a few days ago.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 10, 2025, 02:29:46 pm
well, not so fast as don't we need the senate as well
then there is the democratic filibuster
then the CR
who know where the stock market and inflation will be by then

The house just passed the senate plan from a few days ago.
oh, missed that ...my bad
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 15, 2025, 11:46:30 am
Gold is on the rise!
this was the call
https://finance.yahoo.com/news/goldman-puts-4-000-gold-062030986.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Justin Tonation on April 15, 2025, 12:20:55 pm
(https://techland.time.com/wp-content/uploads/sites/15/2013/09/goldisbestbestbestbest.jpg)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Julian, Hyperpop SLUTFUCK on April 15, 2025, 12:53:26 pm
(https://techland.time.com/wp-content/uploads/sites/15/2013/09/goldisbestbestbestbest.jpg)
I remember having that iPhone. That thing plus the I Am Rich app was some peak Julian's American life.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 16, 2025, 09:44:27 pm
Sidefi is issuing a buy recommendation

Pirate Stock Exchange: Investing in Piracy in Somalia
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 17, 2025, 12:00:13 pm
UnitedHealth Stock Is Having Its Worst Day in 25 Years After Earnings. Here’s Why.


California punk rockers call for an 'army of Luigis' during brash Coachella set (https://www.sfgate.com/sf-culture/article/calif-punk-stalwarts-army-of-luigis-coachella-20274319.php)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 17, 2025, 01:24:39 pm
I don’t think so
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 17, 2025, 02:20:42 pm
I don’t think so
Oh so you think you know how the stock market works now
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 17, 2025, 03:04:56 pm
You think the stock market moves based on the Circle Jerks?? Now I have heard it all.

Tell me you were joking PLEASE!
Actually I know you are joking.

https://www.cnbc.com/2025/04/17/unitedhealths-guidance-cut-may-mean-trouble-for-more-insurers.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: nkotb on April 17, 2025, 03:11:02 pm
No dummy, it's based on Keith Morris.  Same would've happened if he said this with OFF!

You think the stock market moves based on the Circle Jerks?? Now I have heard it all.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on April 24, 2025, 01:55:13 pm
We are over 40k again
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 30, 2025, 08:25:04 am
I'm kinda shocked how the market is reacting lately  (read edit2)

Typically it's very future focused and not the best measure of the state of every thing in the economy today

I don't think there is any analyst who is excited for how things are going to look in 3/6/12 months
yet...markets are pretty damn solid right now

lost almost nothing
DJI is up over 7% 1 year and close to 70% on the 5 year

I'm not wishing the economy craters or a recession
but seems odd that the people in finance are so confident in the future here


Taking the sage advice from Hutch (someone else here posted it too)...I decided to buy on the dips and I picked up a small amount of SP500 ETF shares on 4/8  (was mostly to test the trading platform on Ally.com)

It's currently up 12%

sidefi out


Edit...this isn't great news and lets see how the market takes it...is a trailing indicator, but still makes people edgy
US economy contracts at 0.3% rate in Q1, first pullback in three years
DJI dropped almost 400 points as that news broke

Edit 2...this headline is an indicator how topsy turvey all this is
Firms ditch forecasts in trade war
As the earnings season continues, some of the world's biggest companies have been pulling their guidance or financial outlooks for the year due to the uncertainty caused by tariffs.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 30, 2025, 11:03:09 am
Edit...this isn't great news and lets see how the market takes it...is a trailing indicator, but still makes people edgy
US economy contracts at 0.3% rate in Q1, first pullback in three years
DJI dropped almost 400 points as that news broke
Welp, that lasted less than 2 hours and everyone has moved on
went below 40k and back over again

Did anyone guess 4/30 :)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on April 30, 2025, 04:27:19 pm
this explains everything
This is Biden’s Stock Market, not Trump’s.  I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden “Overhang.” This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!

From Donald Trump Truth Social 04/30/25 09:13 AM


Hmm...guess he was expecting a lot more blowback from todays news and was getting ahead of it

does biden now get credit we finished up for the day?

Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: sweetcell on April 30, 2025, 05:50:24 pm
Typically it's very future focused and not the best measure of the state of every thing in the economy today

I don't think there is any analyst who is excited for how things are going to look in 3/6/12 months
yet...markets are pretty damn solid right now

lost almost nothing
DJI is up over 7% 1 year and close to 70% on the 5 year

I'm not wishing the economy craters or a recession
but seems odd that the people in finance are so confident in the future here

(...)

Edit 2...this headline is an indicator how topsy turvey all this is
Firms ditch forecasts in trade war
As the earnings season continues, some of the world's biggest companies have been pulling their guidance or financial outlooks for the year due to the uncertainty caused by tariffs.

my reading is that with all the flip-flopping on tariffs, reality-ending threats that materialize into nothing, etc., business leaders can't plan and don't know what to do - so they're ignoring the noise, proceeding with business as usual, assuming the status quo and they'll deal with trump's chaos if and when it actually hits them.  you can't plan for all potential scenarios, so instead of being paralyzed by the multiverse of outcomes that might happen;  business is getting back to business.  implied corollary: business is doing just fine without trump's "help" (so maybe stop "helping"?)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 02, 2025, 10:33:42 am
The US economy is very strong in spite of Trump’s best efforts to torpedo it. That would be my reading. If it wasn’t for Trump we would be nearing 50k right now. Been reading so much bullshit about the US going down the tubes…

https://www.cnbc.com/2025/05/02/jobs-report-april-2025.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 06, 2025, 09:20:26 am
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20...but that really not that insane either after reaching 44k)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Julian, Hyperpop SLUTFUCK on May 06, 2025, 10:01:13 am
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20...but that really not that insane either after reaching 44k)

It wouldn’t be hard if the democrats were 25% as good at retail politics as the GOP. How much was the DJ up over the run of Joe Biden’s administration and yet how much was it the consensus of every man, woman, and child in this country that the economy was in the toilet come election time?
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 06, 2025, 11:08:52 am
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20...but that really not that insane either after reaching 44k)

It wouldn’t be hard if the democrats were 25% as good at retail politics as the GOP. How much was the DJ up over the run of Joe Biden’s administration and yet how much was it the consensus of every man, woman, and child in this country that the economy was in the toilet come election time?
ding, ding, ding!!!!
the chart durring Joe is just about the best run in my lifetime...yet most people are like 'that biden economy, my 401k was screwed'
but they likely didn't actually do the math and realize they made more under biden than any president in their lifetime
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Space Freely on May 06, 2025, 11:25:58 am
gonna be hard to keep up the narrative that Trump is cratering the economy when the DJ is up almost 8% for the month
(yes it's down 2.5% since 1/20...but that really not that insane either after reaching 44k)

It wouldn’t be hard if the democrats were 25% as good at retail politics as the GOP. How much was the DJ up over the run of Joe Biden’s administration and yet how much was it the consensus of every man, woman, and child in this country that the economy was in the toilet come election time?

Many Trump voters have neither 401Ks or stock market investments.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 06, 2025, 11:26:41 am
Way oversimplifying

Did the stock market do well under Joe? Yes, very. BUT we were coming out of COVID, there had been really easy money out there, consumers were making up for lost time.

Too much so unfortunately. Supply couldn’t keep up and or ramp up fast enough. The government had printed billions and handed them out, interest rates had gotten ridiculously low….

This all led to inflation like we hadn’t seen in our lifetime. Inflation hit the lower and middle class hard. It’s regressive. Sure, people with stocks etc did well there but also things became more expensive. And there are many people out there without stocks or retirement plans. They didn’t benefit from stocks going up and got the inflation which affected them more…


I don’t know how liberals continue to ignore this….a liberal saying stocks went up sitting in his million dollar home is just totally out of touch with a majority of Americans living paycheck to paycheck and struggling with inflation and fairly sticky wages. They are falling behind and they feel it.

Having said that of course democrats should have hyped the stock market but more importantly they should not have completely ignored inflation and immigration.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 06, 2025, 11:37:56 am
I mean an $800K home in 2018 shot up to $1.3 million 5 years later.

That may be welcome news for the person who bought that 800K home but what about those that need housing today?

Until liberals understand and begin to talk about these things - instead of “did you hear what Trump said!!” And “Orangeman bad”-we are doomed.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 06, 2025, 02:43:13 pm
Ok, those are some good arguments

we did have it good for soo long in the US
easy to forget we've had almost no noticeable inflation since the mid 80s
and overall goods became cheaper to thwart that

for instance, gas
welp it sure seemed cheaper getting gas in the $1.xx range in the 80s, but it's actually cheaper today (and cars are WAY more effienct)
 $1.19 in 1980 is equivalent to about $4.54 in today’s dollars


I'm sorry, I'm still a little perplexed how the stock markets are just so bullish on the future with what we know today and how the last 100 days have been
I really would have thought investors would be running for the doors

I hear a lot of my liberal friends with their plans on divesting from the american markets
I have to think they are wrong because why on earth would the big money act like it is now, while they may like trump...they like their money more
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 06, 2025, 03:09:00 pm
Well I wouldn’t say we had it good except on inflation ….the last great economic boom was the 1990s. But inflation has made it that much harder for many Americans to make ends meet. Also, people measure how they are doing compared to others and it’s become an increasingly unequal society. Increasing inequality - in addition to inflation- also fosters bitterness and feelings of resentment. A sense that it’s all rigged. In addition, expectations about standards of living go up over time so when we find ourselves stagnating we get bitter cause we expect to do better over time: to make progress. Add to that the new reality were many people go from job to job year to year instead of counting on one or two jobs over a lifetime and it’s no wonder people are becoming bitter. There’s a lot of social psychology to all of this…
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 08, 2025, 02:37:46 pm
goodness the DJI can't be stopped, just topped a 10% gain since that massive drop when he did the tariff malarky

We are still below when he started 44,500
a -5.5% drop which isn't nothing
YTD is only around -2%

quite a comeback and much better than the 10% drop


Those who bought on the dips were definitely rewarded here
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 09, 2025, 11:07:56 am
Trumpfi issued a buy

Trump: "You better go out and buy stocks now. Let me tell you. This country will be like a rocket ship that goes straight up."
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 09, 2025, 11:40:25 am
If every time we “negotiate “ a crap deal (compared to what we had under Biden) Wall Street is going to go crazy then I guess he is right…it’s just weird
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 11, 2025, 08:49:06 pm
US-China trade deal announced. We give them California and they agree to sell us stuff again. #winning #TrumpMasterNegotiator


I know it’s terrible but I have zero faith in this administration.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Cock Van Der Palm on May 12, 2025, 08:02:33 am
Is it possible to have less than zero?

US-China trade deal announced. We give them California and they agree to sell us stuff again. #winning #TrumpMasterNegotiator


I know it’s terrible but I have zero faith in this administration.
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 12, 2025, 11:54:29 am
It’s possible
But the market doesn’t care about your feelings and for some strange reason it is optimistic
We are getting ready to be black for YTD
Still below it’s high, but still after the turmoil and chaos that trump has inflicted on the global markets has NEVER been done
So for them to practically reward him… lots of ways to interpret that, but  for sure they don’t think they are going to lose all their money, in fact they are doubling down
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 12, 2025, 12:52:11 pm
Seems shortsighted not to think a lunatic dictator will present problems for business…..

I guess they worry only about the short term
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 12, 2025, 02:09:47 pm
“Win”

Haha

(https://i.ibb.co/Q3N3NTWP/IMG-5934.png) (https://ibb.co/zTRTRB3X)
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 13, 2025, 02:10:31 pm
Stock market today: S&P 500 jumps, set to wipe out 2025 losses

had United Healthcare not taken a 16% dump today, the DJI would be looking good too

wow UNH is down almost 50% in the last month!
DJI would be over 44000k if that hadn't happened
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 16, 2025, 05:46:25 pm
Welp, the DJI goes positive on the YTD

This headline made me spit out my Caffeinated Catastrophe Deluxe Supreme Extra-Everything Unicorn Explosion all over my keyboard


Investors should lean into equities in a 'glass half full' market





Edit…

Yowza, wonder how the market will react to this news… seems like it’s going to be like no big whop

Moody’s has DOWNGRADED the United States’ credit rating from Aaa to Aa1 — the first-ever U.S. credit downgrade


Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 21, 2025, 01:55:33 pm
How does sidehatch feel about crypto now? I don’t have any- and I know it’s at an all time high- and I LOATHE it but I think it’s going to boom
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 21, 2025, 02:05:42 pm
How does sidehatch feel about crypto now? I don’t have any- and I know it’s at an all time high- and I LOATHE it but I think it’s going to boom
umm bitcoin has gone up 25% in the last month...so I'd say it's doing well
 the Trump admin is very crypto friendly (especially since he made a boatload of untraceable fund on his meme coins)

hard to say where it's going long term.   It's really not a currency, but more of a speculative play and a way to launder money

What is very appealing about crypto, outside its use as a digital currency, is its decentralized nature. Unlike traditional systems, blockchain distributes control and trust across a network, making it resistant to censorship and single points of failure.  Nothing has combined these features with global scale, transparency, and financial incentives quite like blockchain. So far, most industries have not fully taken advantage of this model, but I expect new technologies—especially in finance, supply chain, healthcare, and governance—to explode as they adopt these decentralized approach




The big push is to get a 'stablecoin'  as no one really wants a currency like Argentina's

If comparing the original “peso moneda nacional” of the 1970s to today’s peso, the cumulative effect of currency reforms and inflation means that 1 current peso (ARS) is worth 10 trillion of the 1969 pesos moneda nacional


Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 22, 2025, 10:28:11 am
Sidefi when will you be issuing your BUY order??


(https://i.ibb.co/8gX4rXJs/IMG-5078.png) (https://ibb.co/9HG3bGJg)

^what stock/index is that?

...sit on the sidelines with cash. 
But I do think buying opportunities will happen
you should have bought some on this date
up over 40% since 3/10
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 22, 2025, 10:33:59 am
what I would consider good news as these short sellers are really fucking with the markets and are just parasites

From the market bottom on April 8 through May 20, short sellers have lost more than $250 billion,

https://finance.yahoo.com/news/nvidia-tesla-lead-over-250-billion-in-short-seller-losses-during-massive-market-rally-133340011.html
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: hutch on May 22, 2025, 10:59:48 am
So you are now issuing a retroactive to March 10 buy order that supersedes your call to sit on the sidelines with cash?

Thank you Sidefi!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: Julian, Hyperpop SLUTFUCK on May 22, 2025, 11:10:09 am
Being a stock guru is easy when you just wait to see what happens and then tell people what they should've done months ago, authoritatively!
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 22, 2025, 11:16:41 am
Being a stock guru is easy when you just wait to see what happens and then tell people what they should've done months ago, authoritatively!
I know, it's the secret to Sidefi's amazing track record

So you are now issuing a retroactive to March 10 buy order that supersedes your call to sit on the sidelines with cash?

Thank you Sidefi!
To be clear, I said buying opportunities will happen...
clearly none of you are on my stocktips whatsapp group where buy orders were issued later that day
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 22, 2025, 11:47:04 am
also Sidefi is issuing a Lame Call

on the inclusion in the OBBB  of the MAGA Accounts (stands for “money account for growth and advancement”)
rumor has it they may end up calling them 'Trump accounts'
many vehicles already exist that provide bigger benefits
this is a bureaucratic process that really only the well heeled will take advantage of with the help of their CPA
MAGA accounts are limited to a single U.S. equity index fund!
although and interesting twist is they can also be used home-buying, or business start-up (which a 529 can not)
but at only 5k max a year, that's not going to be a whole lot to start a business or buy a house in 18 years
again, will mostly just be another tax shelter only those making big bucks will take advantage of

those born in the next five years will have $1000 in an account, that potentially could be a nice 18'th birth day gift
if you put 1k in a DJI index 18 years ago, you would have $3500 today

every newborn in the United States born between January 1, 2025, and January 1, 2029 (some sources say December 31, 2028), would receive a $1,000 deposit from the federal government into a new custodial investment account established in their name

like the 401k's this will actually be a huge win for the banking industry who will get a cut of everyone of these and I'm sure will make billions in fees because of this
I do think there should be something in there that banks can't charge fees higher than 0.5% or something

I have to imagine there is a clause in there that 'birthright citizens' are not eligible
Title: Re: Predict date Dow Jones 📈 hits 40,000!
Post by: vinly-Hatch lııllı|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llıl on May 23, 2025, 10:18:01 am
How does sidehatch feel about crypto now? I don’t have any- and I know it’s at an all time high- and I LOATHE it but I think it’s going to boom
Ok I own a penny of bitcoin and I'm a little upset I didn't get an invite to this dinner
https://www.cnn.com/2025/05/23/politics/trump-crypto-meme-coin-dinner
interesting timing on the surge of crypto


sad that even when you bribe the POTUS with millions that he won't even take the time to shake their hands
Even VIP token holders couldn’t speak or even shake hands with the president.

ha:
NBA player Lamar Odom spent half a million dollars on the $TRUMP meme token in order to attend the dinner.



this is quite an insane quote
"40% of Trump's entire net worth is due to these two crypto coins that he just launched months ago. All of this money is going straight into his pocket. He is trading U.S. policy to get paid.” - Chris Murphy

wow it's even worse than I thought
The president's net worth is expected to get another bump, with World Liberty Financial's announcement this week that a Abu Dhabi-backed firm will invest billions of dollars in the Trump family-affiliated crypto fund. The Emirati firm, MGX, will purchase $2 billion in a stablecoin product offered by World Liberty, the company said in a statement to CBS. The currency, called "USD1" will then be used to invest in Binance, one of the world's largest cryptocurrency exchanges.

World Liberty has ties to the president and his sons. The fine print on the company's website says an entity affiliated with Mr. Trump and his family members own a 60% stake in the company.


wow, just wow
The White House responded to a request for comment by telling CBS News to "report on something people actually care about."

sadly it's true