Economy
Related: About this forumSTOCK MARKET WATCH - Monday, 30 September 2019
STOCK MARKET WATCH, Monday, 30 September 2019
Previous SMW:
SMW for 27 September 2019
AT THE CLOSING BELL ON: 27 September 2019
Dow Jones 26,820.25 -70.87 (0.26%)
S&P 500 2,961.79 -15.83 (0.53%)
Nasdaq 7,939.63 -91.03 (1.13%)
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Market Conditions During Trading Hours:
Google Finance
MarketWatch
Bloomberg
Stocktwits
(click on links for latest updates)
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Currencies:
Gold & Silver:
Petroleum:
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DU Economics Group Contributor Megathreads:
Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.
progree
(10,904 posts)About the sizzling hot market and the great 401k's you've been hearing about from the MAGAts -- the stock market has stalled over the last 20 months
up just 3.1% since 1/26/2018, 20 months ago (a 1.85% annualized rate), and that journey has been one with harrowing roller coaster ups and downs.
S&P 500 (much more representative of the U.S. stock market and what people own than the Dow 30)
2873 1/26/2018 close
2962 9/27/2019 close
+3.10% (1.85% annualized rate)
and right now we're basically in an "up bump" phase in the Trump market cycles with yet another trade truce with China, despite Friday's story about the Trump admin looking at ways to delist Chinese stocks https://www.marketwatch.com/story/heres-what-investors-need-to-know-about-white-house-talks-to-limit-portfolio-inflows-into-china-2019-09-27
The great "Trump" record up to 1/26/2018 (one year and 6 days since Inauguration Day) was of course, a continuation of the Obama boom, and before all the Trump trade war garbage started, and before the TCJA Trump Tax Cuts for the Corporados took effect.
Tansy_Gold
(17,857 posts)The long-term analysis is always a good counter to the daily fluctuations, which can be extreme. Thank you!
progree
(10,904 posts)As of Tuesday 10/1 close.