movetheboat
Well-Known Angler
Palantir Technologies Inc
NASDAQ: PLTR
NASDAQ: PLTR
The stock market
- Thread starter movetheboat
- Start date
movetheboat
Well-Known Angler
In 2020, former President Donald Trump warned that the historic stock market boom on his watch would implode if voters replaced him with Joe Biden.
“If you want your 401k’s and stocks…to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,” Trump tweeted in July 2020.
It was an ominous warning from a president who, more than his predecessors, obsessed over market gains and viewed them as a real-time barometer of his success.
In reality, with Biden in the White House, the US stock market not only preserved those Trump-era gains, but generated even more massive ones for millions of Americans’ 401(k) plans, nest eggs and college savings plans.
The S&P 500, the gold-standard market index of 500 US stocks, has posted a compound annual growth rate of 14.1% from Biden’s November 2020 election through Thursday’s closing bell, according to veteran market strategist Sam Stovall of CFRA Research.
The market returns under Biden are the second best in modern history going back to 1945, Stovall found. The only stronger performance was during the booming dotcom days under former President Bill Clinton during the 1990s.
The findings are surprising given the relatively low marks Americans give Biden on the economy and how the issue remains a challenge for Vice President Kamala Harris, who Biden tapped to succeed him.
Yet the Biden-era gains reflect the US economy’s relentless rebound from the pandemic, the historic period of low unemployment and the artificial intelligence gold rush on Wall Steet.
“Biden benefited from the tech-fueled recovery following the shallow and swift bear markets of 2020 and 2022,” Stovall said.
“If you want your 401k’s and stocks…to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,” Trump tweeted in July 2020.
It was an ominous warning from a president who, more than his predecessors, obsessed over market gains and viewed them as a real-time barometer of his success.
In reality, with Biden in the White House, the US stock market not only preserved those Trump-era gains, but generated even more massive ones for millions of Americans’ 401(k) plans, nest eggs and college savings plans.
The S&P 500, the gold-standard market index of 500 US stocks, has posted a compound annual growth rate of 14.1% from Biden’s November 2020 election through Thursday’s closing bell, according to veteran market strategist Sam Stovall of CFRA Research.
The market returns under Biden are the second best in modern history going back to 1945, Stovall found. The only stronger performance was during the booming dotcom days under former President Bill Clinton during the 1990s.
The findings are surprising given the relatively low marks Americans give Biden on the economy and how the issue remains a challenge for Vice President Kamala Harris, who Biden tapped to succeed him.
Yet the Biden-era gains reflect the US economy’s relentless rebound from the pandemic, the historic period of low unemployment and the artificial intelligence gold rush on Wall Steet.
“Biden benefited from the tech-fueled recovery following the shallow and swift bear markets of 2020 and 2022,” Stovall said.
OVERBORED
Well-Known Angler
Now I know you're lying. Biden NEVER had abs like that!In 2020, former President Donald Trump warned that the historic stock market boom on his watch would implode if voters replaced him with Joe Biden.
“If you want your 401k’s and stocks…to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,” Trump tweeted in July 2020.
It was an ominous warning from a president who, more than his predecessors, obsessed over market gains and viewed them as a real-time barometer of his success.
In reality, with Biden in the White House, the US stock market not only preserved those Trump-era gains, but generated even more massive ones for millions of Americans’ 401(k) plans, nest eggs and college savings plans.
The S&P 500, the gold-standard market index of 500 US stocks, has posted a compound annual growth rate of 14.1% from Biden’s November 2020 election through Thursday’s closing bell, according to veteran market strategist Sam Stovall of CFRA Research.
The market returns under Biden are the second best in modern history going back to 1945, Stovall found. The only stronger performance was during the booming dotcom days under former President Bill Clinton during the 1990s.
The findings are surprising given the relatively low marks Americans give Biden on the economy and how the issue remains a challenge for Vice President Kamala Harris, who Biden tapped to succeed him.
Yet the Biden-era gains reflect the US economy’s relentless rebound from the pandemic, the historic period of low unemployment and the artificial intelligence gold rush on Wall Steet.
“Biden benefited from the tech-fueled recovery following the shallow and swift bear markets of 2020 and 2022,” Stovall said.
wader
Well-Known Angler
longcast
Well-Known Angler
US stocks are limping toward the finish line, leaving investors questioning whether the traditional Santa Claus Rally will make its appearance. This year’s rally window—spanning the last five trading days of December and the first two of January—opened Tuesday.
The S&P 500 ticked up by 1.1% on day one but quickly lost steam, dropping a slight 0.04% on Thursday. Futures for today point to another drop, with a projected 0.4% dip at the opening bell.
movetheboat
Well-Known Angler
The stock market closed 2024 with remarkable growth, as major indices surged to record highs. The S&P 500, a key benchmark for many 401(k) accounts, climbed nearly 28%, while the Nasdaq skyrocketed by an impressive 34%.
Meanwhile, the Dow Jones Industrial Average gained 16%, solidifying back-to-back years of robust performance.
THANKS JOE!!
Foremost among these is the economic and policy agenda of President-elect Donald Trump.
Trump has pledged tax cuts for individuals and corporations, a move that could stimulate economic growth and buoy stock prices.
However, his proposed tariffs on imports have raised concerns about inflationary pressures and their
potential impact on businesses reliant on global supply chains, as per a report by ABC.
Read more at:
US Stock Market 2025: Will the rally continue or hit a roadblock?
Meanwhile, the Dow Jones Industrial Average gained 16%, solidifying back-to-back years of robust performance.
THANKS JOE!!
Challenges Ahead in 2025
While the outlook for the stock market in 2025 remains optimistic, several uncertainties could influence its trajectory.Foremost among these is the economic and policy agenda of President-elect Donald Trump.
Trump has pledged tax cuts for individuals and corporations, a move that could stimulate economic growth and buoy stock prices.
However, his proposed tariffs on imports have raised concerns about inflationary pressures and their
potential impact on businesses reliant on global supply chains, as per a report by ABC.
Read more at:
US Stock Market 2025: Will the rally continue or hit a roadblock?
wader
Well-Known Angler
Came close to setting another 52 week high before falling back...
Should have bought more. Bought into it back in July at $4.58 a share.
Last edited:
movetheboat
Well-Known Angler
The markets closed today!
movetheboat
Well-Known Angler
The stock market closed 2024 with remarkable growth, as major indices surged to record highs. The S&P 500, a key benchmark for many 401(k) accounts, climbed nearly 28%, while the Nasdaq skyrocketed by an impressive 34%.
Meanwhile, the Dow Jones Industrial Average gained 16%, solidifying back-to-back years of robust performance.
YOU ARE A TOUGH ACT TO FOLLOW JOEYYYYYYYY
Meanwhile, the Dow Jones Industrial Average gained 16%, solidifying back-to-back years of robust performance.
YOU ARE A TOUGH ACT TO FOLLOW JOEYYYYYYYY
longcast
Well-Known Angler
Are Democrats trying to cover up Biden's economic failures? | Fox Business Video
'Kudlow' panelists Steve Moore and Judy Shelton discuss the media's coverage of President Biden's administration.
www.foxbusiness.com
JackPrintMD
Well-Known Angler
Your delusional and out of your mind to Think this guy did anything good for our country.The stock market closed 2024 with remarkable growth, as major indices surged to record highs. The S&P 500, a key benchmark for many 401(k) accounts, climbed nearly 28%, while the Nasdaq skyrocketed by an impressive 34%.
Meanwhile, the Dow Jones Industrial Average gained 16%, solidifying back-to-back years of robust performance.
YOU ARE A TOUGH ACT TO FOLLOW JOEYYYYYYYY
We have children and families with food insecurity / homelessness and he sends 120 bil to another country.
a -hole
OVERBORED
Well-Known Angler
Don't forget the gift cards, phones and ebikes for our migrant guests.
movetheboat
Well-Known Angler
Looking like another BEATING for the market coming up today.....Thank God we have a huge "CUSHION" to face the coming disaster.........................
DOW looking to open down over 400 points!!
EDIT...DOWN OVER 500 POINTS!!!!!!!!!!!!!!!!!!!!!!!
DOW looking to open down over 400 points!!
EDIT...DOWN OVER 500 POINTS!!!!!!!!!!!!!!!!!!!!!!!
movetheboat
Well-Known Angler
Low volume day....pros at home or leave early. Bias toward the UP side!!!!
WHAT A GREAT YEAR THIS WAS!!!!!!!!!!!!!!!!!
WHAT A GREAT YEAR THIS WAS!!!!!!!!!!!!!!!!!
movetheboat
Well-Known Angler
dsedy
Well-Known Angler
JPM SPX Collar rolls today 12/31 with the short call at 6055 (46K contracts). They take on a new collar with the short strike 2-4% above spot. So that will effectively be our upside cap on SPX thru 3/31/25. They pretty much never loose and if you look at Nov/Dec SPX was capped at 6100 (6055 + short premium collected)
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