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unblock

(52,328 posts) Fri Jan 20, 2017, 01:36 PM Jan 2017

market reacts to donnie taking over:

notice the sharp drop at pretty much the moment donnie takes over.

http://www.google.com/finance?cid=983582

4 replies

= new reply since forum marked as read

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market reacts to donnie taking over: (Original Post) unblock Jan 2017 OP

Actually the market lost $$ all this week.. At least today it's still in positive territory. napi21 Jan 2017 #1

of course the transition at noon is not "news" in the market sense. unblock Jan 2017 #2

A pittance. 1/10th of 1 %. However ... Bernardo de La Paz Jan 2017 #3

If you are counting the DOW, Wellstone ruled Jan 2017 #4

napi21

(45,806 posts)

1. Actually the market lost $$ all this week.. At least today it's still in positive territory.

Reply to unblock (Original post)

Fri Jan 20, 2017, 01:41 PM

Jan 2017

So far. we'll see what happens from here on. I think it will depend on what he does.

unblock

(52,328 posts)

2. of course the transition at noon is not "news" in the market sense.

Reply to napi21 (Reply #1)

Fri Jan 20, 2017, 01:46 PM

Jan 2017

but the timing of the dip is funny nevertheless.

Bernardo de La Paz

(49,044 posts)

3. A pittance. 1/10th of 1 %. However ...

Reply to unblock (Original post)

Fri Jan 20, 2017, 01:55 PM

Jan 2017

... the market (using Dow Jones as proxy) broke down through the lower trendline of the Obama trend channel (2009-2014) in the summer of 2015 and it has not yet crossed up over that trendline since.

Wellstone ruled

(34,661 posts)

4. If you are counting the DOW,

Reply to unblock (Original post)

Fri Jan 20, 2017, 02:29 PM

Jan 2017

forget it,that is IBM and JPMorgan driving the DOW. Consumer Related Stocks and Industrial's are taking the hit. Next Monday will be the real story,end of the month.

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