Market up 1400 points today
 

It looks like my wife won’t have to go back to work!

Happy days are here again
The skies above are clear again
So let's sing a song of cheer again
Happy days are here again

IF the 1400 holds then only 5500 more required to get back to Dec 4.

Score
 

The tariffs really didn’t do anything but help in the long run. More jobs coming and now a screaming hot market too. I just can’t wait for all the price drops to hit once all these tariffs are dropped.

SCORE

Yet? :shocked:

Hang onto your seats. It is going to be a bumpy ride.

Well, it's lost 1,000 of the 1,400 as of 1 p.m.
I'm still looking for my wife.
I found an opening for a roofer, she's nimble on her feet.

Bottom Bouncing.

:sigh:

Yup, bumpy. Every bit of news swings things. As more and more countries actually negotiate the tariffs things will be in constant flux. Buy the dips.

Hoped your bride enjoyed her day off.
DJI minus 7461 since Dec 4.

That didn't age well!

Rephrase
 

The stock market Dow Jones Industrial Average was up 1400 points earlier today. It did not stay there closing down at 320. Now get to work.

But she pointed out that two years ago the Dow closed at 33,485. It closed at 37645 today so it is up 4160 in two years. According to her calculations, we are up 12.4%! That is the problem with education!!!

And two weeks ago you were up 27.1% … what a difference a week makes. Now, does it look like going forward things are going to be like the last two years or the last two weeks?

If I could predict the market, I would have retired 20 years ago!

That being said, I think Covid was a far more serious threat to the world economy than a tariff dispute. And the stock market was on fire during Covid so I am optimistic.

IRA RMDs for 2025 were calculated on the high value of the portfolio at the end of 2024. This could be a big percentage withdrawal this year. We'll see.