REAL WORLD EVENT DISCUSSIONS

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, December 9, 2019 20:10
SHORT URL:
VIEWED: 29938
PAGE 11 of 20

Monday, June 11, 2018 10:49 PM

JEWELSTAITEFAN


Dow closed today at 25,322. Of the 7 trading days since the Jobs Report, this is the 6th day of gains.

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Monday, June 11, 2018 10:51 PM

JEWELSTAITEFAN



Quote:

Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.


Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.

This was posted on 6 Feb. I should try to post it at top of page for convenience, since a lot of noise has been posted since then.

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Monday, June 11, 2018 10:53 PM

JEWELSTAITEFAN



Quote:

Originally posted by JEWELSTAITEFAN:
Alright, so let's take a moment to explore the scenario if the Libtard view actually wasn't a delusion.

Their premise is that the real actual value of the Market is represented by Dow 15,000.
So then 26,616 is an actual overevaluation of 11,616 - or 177% of the true value. That may well be a historical record.
So if Dow goes no higher than that during this cycle, then a drop to 22,623 will signal onset of a Bear Market cycle. The rebound will go to about 23,954 - 25,285 range and then drop. A Bear Market drop always bottoms far below the true value of a stock, so the Dow would at this point bottom out around 8,000 - 12,000. The would represent a drop of 55% - 70%. Such a large drop gives investors plenty of time or range to recognize the drop and exit their stocks, before the bottom price is available to buy back in for massive gains - doubling or tripling your fund value. Unless the Libtard duplicates 2008 and keeps all their money in the Market until they've lost 60% of their life savings. So what are the Libtards panicking about? Their scenario provides the best possible outcome for their funds!

By comparison OTOH, if the Libtards are delusional and the Stock Market is the Real World, then a couple extreme possibilities can be presented.
One is that, for no reason, the current high of 26,616 remains the peak of this cycle. The drop to trigger remains the same as above, as well as the rebound range. But then the bottom would be more like 17,740 (67%) or we could hope for 13,300 (50%). The discount price for buying back in would not be as big of a bargain, plus the time of range of drop would be more brief, so exiting the fund would be more time critical, allowing for less dilly-dallying. And then the recovery gains would only be 30 - 50%.
The other possibility would be that the explanation for Obamanomics which I posted earlier in this thread are correct. The Market will continue to climb, for up to 8 years, before moving to Bear Market.
By that time most folk would have forgotten about Libtard delusional theories.

Another repost, for convenience. From 8 Feb.

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Monday, June 11, 2018 10:55 PM

JEWELSTAITEFAN


Top-of-the-Page reposting, from 22 May:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed today at 23,533. A drop of 1.7% today. This is 11.6% off the Record All-Time High. Hard to beat a discount price like this to buy in at. Buffet must be buying like crazy about now.
The Dow closed at 23,860 on 8 February.
Dow closed at 23,539 on 4 November 2017.
Dow closed at 23,516 on 3 November 2017.

Today Trump signed the Cramnibus Spendaholic bill, largest spending bill in history, to last until September if this year, 6 months from now.


Quote:

Originally posted by JEWELSTAITEFAN:
Although a lot of people would be relieved if it drops to 22,623 before rebounding.


Perhaps I should point out, here in the moment: these are the days of making the largest gains in funds. Buying at a discount of 6% can get an easy gain on bounce back, in a matter of days instead of the 55 days it recently took to scale this mountain of stock value.
And if it can drop to 22,623 then the rebound can only be reasonably expected to be 5% to 10% of the all-time high, so buying at the end of Monday could still result in a loss.
But regardless, whenever the market hits the best bargain price, that is when the common trader has the greatest opportunity to grow their funds. Although this volatility is just noise, the potential for growth is far greater than days of a couple hundred point gains.



This was posted 23 March, with the lowest close of the Dow in 2018, at 23,533.
Prior to 4 November 2017 the Dow had never closed higher than 23,516.

Today Dow closed at 24,834.


The within quote was from 6 Feb. Folk can't say I didn't provide the recipe in time.

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Wednesday, June 13, 2018 2:37 AM

JEWELSTAITEFAN


One template of Market measure uses the level of 5% off the Record All-Time High.

Since January the Dow has not had 2 consecutive days closing within 5% of the Record All-Time High.

Tuesday marked the 3rd consecutive day of closes within 5% of the Record All-Time High.
Since January, the Dow has closed lower than 10% off the Record All-Time High, something like 12%. But Dow has not closed below 15% off the Record All-Time High.


Dow closed at 25,320 Tuesday.

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Thursday, June 14, 2018 1:10 AM

JEWELSTAITEFAN


Dow closed at 25,201. Dropping almost half a percent after The Fed announced an expected interest rate increase but also a previously denied 4th planned rate hike for the year.

Tomorrow the Jobless Claims report is released, and also the IG Report on DoJ Crimes.

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Sunday, June 17, 2018 12:41 PM

JEWELSTAITEFAN


Dow closed on Thursday at 25,175.

Dow closed on Friday at 25,090.

Every day this past week had a close over 25,000. This has not happened since January - nor ever before January, either. Outside of January, this is the highest weeklong threshold and the highest weekly average in the entire history of the Dow.
This is also the most stable and consistent week of closing value of this entire Calendar Year so far, and almost the most stable 2-week stretch of the Calendar Year.

Barring other factors and influences, the Market will likely get a boost from the GDP Report on 29 June, and the Unemployment Report on 6 July. As has happened every month since March.

Of course, JO says the actual Market value is around 17,000.


Maybe we all really should have Jumped Off at 20K.

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Tuesday, June 19, 2018 2:02 AM

JEWELSTAITEFAN


Dow closed Monday at 24,987.

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Thursday, June 21, 2018 3:49 AM

JEWELSTAITEFAN


Dow closed Tuesday at 24,700.

Dow closed Wednesday at 24,657.

This week has been drumbeating about Tariff Trade Wars.
Thursday the Jobless Claims numbers come out.

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Friday, June 22, 2018 11:53 AM

JEWELSTAITEFAN


Dow closed Thursday at 24,461. Hasn't closed that low since 31 May. This is 8.1% off the Record All-Time High.


Despite positive news of Jobless Claims and GDP growth at 3.7%, SCOTUS ruled that Internet Sales had to pay taxes.

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Saturday, June 23, 2018 12:01 AM

JEWELSTAITEFAN


Dow closed Friday at 24,580.

Next week BEA releases a GDP report on 28 June. Which is the estimate for the end of March.

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Saturday, June 23, 2018 3:31 PM

JO753

rezident owtsidr


We are solidly in the stabilized to oblivion faze.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Monday, June 25, 2018 9:42 AM

JEWELSTAITEFAN


Forgot to mention that last week General Electric was booted from the Dow and replaced with Walgreen's - another service industry player.

GE was an original member of the Dow, and the last 19th century member to remain a Blue Chip. But even the venerated stalwart couldn't survive Obamanomics and the Libtard Wave of Anti-Jobs sentiment.

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Wednesday, June 27, 2018 3:51 AM

JEWELSTAITEFAN


Dow closed Monday at 24,252 when NASDAQ dropped 2.5%.

Dow closed Tuesday at 24,283.

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Wednesday, June 27, 2018 4:31 AM

REAVERFAN


What did corporate America do with that tax break? Buy record amounts of its own stock
The White House promised '70 percent' of the tax cut would go to workers. It didn't.
https://www.nbcnews.com/business/economy/what-did-corporate-america-do
-tax-break-buy-record-amounts-n886621

Before the tax cut:

Report: Companies Will Use Tax Cut Savings to Buy Back Stocks, Reward Investors

GOP: No they won't, it'll trickle down into wages and buff the market to increase 401ks.

After the tax cut:

Report: Companies Used Tax Cut Savings to Buy Back Stocks, Reward Investors

GOP: What a crazy turn of events. Well, water under the bridge, right? Now we have to pay for it by slashing Medicare and Medicaid.

To be expected, I guess, from a man who stole money from a charity for kids with cancer.

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Thursday, June 28, 2018 1:07 AM

JEWELSTAITEFAN


Dow closed Wednesday at 24,117. Up and down spanned almost 2% during the day.

Tomorrow GDP report and Jobless Claims are released, and Trump visits the site of FOXCONN, not far from Harley Davidson HQ.

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Sunday, July 1, 2018 4:33 PM

JEWELSTAITEFAN


Dow closed at 24,216 on Thursday.

Dow closed at 24,271 on Friday. This is 8.8% off the Record All-Time High.

Next week BLS releases Unemployment report, CBO release monthly update on the Budget.
This month will be released data showing we just ended the first Quarter of GDP more than $20 Trillion, for the first time ever.

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Wednesday, July 4, 2018 8:20 PM

JEWELSTAITEFAN


Dow closed at 24,307 on Monday.

And 24,174 on Tuesday.

Thursday will likely be the release of Jobs Report, and/or Quarterly update from CBO. And Jobless Claims.

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Thursday, July 5, 2018 4:17 PM

JEWELSTAITEFAN


Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

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Thursday, July 5, 2018 8:58 PM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.



Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

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Friday, July 6, 2018 7:38 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.


Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

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Friday, July 6, 2018 7:46 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.


Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.



The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

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Friday, July 6, 2018 4:23 PM

JEWELSTAITEFAN


Dow closed at 24,456 today.

On Monday 9 July the CBO's monthly Budget update is released.

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Saturday, July 7, 2018 5:56 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

Being Employed or not, by choice, and keeping up with the Joneses are entirely different matters.

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Saturday, July 7, 2018 7:59 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.

Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.

The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

Being Employed or not, by choice, and keeping up with the Joneses are entirely different matters.



That's not a valid reply. You've said nothing.

Do Right, Be Right. :)

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Saturday, July 7, 2018 3:18 PM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed at 24,356 today.

Tomorrow the Jobs Report is released, expected to be even better yet, as good as during the Korean War.


Quantity over quality. Once again.

Why are you so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Better yet, why is Trump so quick to believe these numbers now that Trump is in office, but not when Obama was in office?

Do Right, Be Right. :)

Have you been asleep since the Unemployment Rate Facts thread was started? What's wrong with you?

I think I have clearly laid out why the same numbers show Obama was faking and Trump is baking, making, and waking.



The numbers are bullshit.

Show me the number that, when adjusted for inflation, shows that the annual gross income of EVERYBODY has improved at all.

Then again, don't bother. I doubt you'd be able to find those numbers anywhere, and if you could the outlook would not be good. Every year, we make less against inflation. McDonalds and retail grunt is not a sufficient replacement for livable wage jobs lost to outsourcing and automation.

Do Right, Be Right. :)

That is not a valid reply. You've said nothing.

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Monday, July 9, 2018 4:33 PM

JEWELSTAITEFAN


Dow closed today at 24,776. A 1.3% gain for the day.

The CBO Monthly Budget Review was scheduled to be released today, but it doesn't seem available yet.

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Tuesday, July 10, 2018 4:42 PM

JEWELSTAITEFAN


Dow closed today at 24,919. 4th straight day of gains, since the Jobs Report.

This is the highest close since 15 June.

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Wednesday, July 11, 2018 4:59 PM

JEWELSTAITEFAN


Dow closed today at 24,700.

Tomorrow will have Jobless Claims report.

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Thursday, July 12, 2018 4:38 PM

JEWELSTAITEFAN


Dow closed today at 24,924.

NASDAQ closed at Record All-Time High, looks like 7,823.

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Friday, July 13, 2018 4:22 PM

JEWELSTAITEFAN


Dow closed today at 25,019. First close above 25K since 15 June.


NASDAQ closed at 7,825. Another Record All-Time High.

S&P 500 closed above 2,800 for the first time since January.

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Monday, July 16, 2018 4:38 PM

JEWELSTAITEFAN


Dow closed today at 25,064. Did not rise or drop more than 0.2% for the whole session.

Of the 8 trading days since the Jobs Report, this is the 7th day of gains.

This is the 9th highest close since 9 March, 4 months ago.

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Tuesday, July 17, 2018 12:45 PM

JEWELSTAITEFAN


NASDAQ is currently poking over 7,850 for the first time in history.

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Tuesday, July 17, 2018 4:03 PM

JEWELSTAITEFAN


Dow closed today at 25,121. Of the 9 trading days since the Jobs Report, this is the 8th day of gains - and 4th in a row.
This is the 8th highest close since 9 March.

NASDAQ closed at another Record All-Time High of 7,855.

S&P 500 closed at 2,809. The highest since January.

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Tuesday, July 17, 2018 11:19 PM

JO753

rezident owtsidr


Now mite be a good time to bale out. Duznt look like it can rize much hier.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Wednesday, July 18, 2018 7:46 AM

6IXSTRINGJACK

[/i]


At the end of the day, I don't think the DOW is something that Trump should hang his hat on. It's not going to stay high forever, and the longer he's in office the greater chance of a crash before he's out.

Add to that the fact that the performance of the DOW doesn't positively impact a majority of American's lives in the slightest.

Do Right, Be Right. :)

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Wednesday, July 18, 2018 8:38 AM

JEWELSTAITEFAN


Quote:

Originally posted by JO753:
Now mite be a good time to bale out. Duznt look like it can rize much hier.

Nostradoofus reels off another one.

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Wednesday, July 18, 2018 6:02 PM

JEWELSTAITEFAN


Dow closed at 25,199 today. Of the 10 trading days since the Jobs Report, this the 9th day of gains.
This is the 6th highest close since 9 March, and the 8th highest close since 26 February.


S&P 500 closed at 2,815. Again, highest since January.

Tomorrow Jobless Claims are reported.

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Friday, July 20, 2018 7:09 AM

JEWELSTAITEFAN


Dow closed Thursday at 25,064. 5th day in a row over 25K. Probably should have Jumped Off at 20K.

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Sunday, July 22, 2018 3:20 PM

JEWELSTAITEFAN


Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.

This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.

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Monday, July 23, 2018 10:22 AM

JO753

rezident owtsidr


A gy hoo uzed to hav a seat on the Chicago Stock Exchanje told me he'd be doing indexez if he wuz still a trader.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com

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Monday, July 23, 2018 10:45 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.

This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.



Need to find a chart of the GDP today vs. historical accounts and inflation.

Would also be nice to cross reference that with the average salaries and percentages of people who remain in the dying middle class historically.

The DOW is not a significant indicator of the quality of life of the average American family, and only represents the rich and corporate success.

Do Right, Be Right. :)

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Monday, July 23, 2018 11:03 AM

JEWELSTAITEFAN


Quote:

Originally posted by JO753:
A gy hoo uzed to hav a seat on the Chicago Stock Exchanje told me he'd be doing indexez if he wuz still a trader.

Sounds like a smart guy to want to be in the Market, while it's going up.

How come his sense hasn't rubbed off on you?

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Monday, July 23, 2018 12:46 PM

JEWELSTAITEFAN


Quote:

Originally posted by JEWELSTAITEFAN:
Dow closed Friday at 25,058. 6th day in a row over 25K. In the monthly cycle of boosts from the GDP reports and Job Reports, this is the highest level at this point in the cycle since February.

This coming week will have the report showing, for the first time ever, GDP is over $20 Trillion. Which means at the end of June, the end of the 3rd Quarter.

I neglected to mention that June had 8 days in a row closing over 25K.

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Tuesday, July 24, 2018 6:30 AM

JEWELSTAITEFAN


Dow closed at 25,044 Monday. This is the 7th day in a row over 25K.

NASDAQ had its 3rd highest close in history.

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Wednesday, July 25, 2018 12:12 AM

JEWELSTAITEFAN


Dow closed today at 25,241. This is the 8th day in a row over 25K. All since the Jobs Report came out. The highest close since 12 June.

This is the 4th highest close since 8 March, the 5th highest since 26 February, the 8th highest since January, and outside of January, the 8th highest in the entire history of the Dow.

Probably should have Jumped Off at 20K.

This is 5.2% off the Record All-Time High.

On Friday the GDP report will announce the first time in history it has surpassed $20 Trillion.
The last GDP report which issued an advance estimate (3 months ago), with the subsequent Jobs Report, Dow climbed 600 points. And this report is expected to show even greater growth of the economy than the last one.

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Wednesday, July 25, 2018 5:48 AM

6IXSTRINGJACK

[/i]


Quote:

Originally posted by JEWELSTAITEFAN:
On Friday the GDP report will announce the first time in history it has surpassed $20 Trillion.



Once again, I'll mention that this is a meaningless statistic.

Since nobody has provided data on what this equates to when adjusted for inflation, I will show another example which is similar in that it is a record of the monetary value the recorded data goes back nearly 80 years. It has also been adjusted for inflation.


TOP 50 HIGHEST GROSSING FILMS OF ALL TIME (No inflation adjustment)

Rank / Title / Worldwide Gross / Year

1 | Avatar | $2,787,965,087 | 2009
2 | Titanic | $2,187,463,944 | 1997
3 | Star Wars: The Force Awakens | $2,068,223,624 | 2015
4 | Avengers: Infinity War | $2,043,009,571 | 2018
5 | Jurassic World | $1,671,713,208 | 2015
6 | The Avengers | $1,518,812,988 | 2012
7 | Furious 7 | $1,516,045,911 | 2015
8 | Avengers: Age of Ultron | $1,405,403,694 | 2015
9 | Black Panther | $1,346,596,927 | 2018
10 | Harry Potter and the DH – Part 2 | $1,341,511,219 | 2011
11 | Star Wars: The Last Jedi | $1,332,539,889 | 2017
12 | Frozen | $1,290,000,000 | 2013
13 | Beauty and the Beast | $1,263,521,126 | 2017
14 | The Fate of the Furious | $1,238,764,765 | 2017
15 | Iron Man 3 | $1,214,811,252 | 2013
16 | Jurassic World: Fallen Kingdom | $1,202,110,361 | 2018
17 | Minions | $1,159,398,397 | 2015
18 | Captain America: Civil War | $1,153,304,495 | 2016
19 | Transformers: Dark of the Moon | $1,123,794,079 | 2011
20 | The Lord of the Rings: TRotK | $1,120,237,002 | 2003
21 | Skyfall | $1,108,561,013 | 2012
22 | Transformers: Age of Extinction | $1,104,054,072 | 2014
23 | The Dark Knight Rises | $1,084,939,099 | 2012
24 | Toy Story 3 | $1,066,969,703 | 2010
25 | Pirates of the Caribbean: DMC | $1,066,179,725 | 2006
26 | Rogue One: A Star Wars Story | $1,056,057,273 | 2016
27 | Pirates of the Caribbean: OST | $1,045,713,802 | 2011
28 | Despicable Me 3 | $1,034,799,409 | 2017
29 | Jurassic Park | $1,029,939,903 | 1993
30 | Finding Dory | $1,028,570,889 | 2016
31 | Star Wars: Episode I | $1,027,044,677 | 1999
32 | Alice in Wonderland | $1,025,467,110 | 2010
33 | Zootopia | $1,023,784,195 | 2016
34 | The Hobbit: An Unexpected Journey | $1,021,103,568 | 2012
35 | The Dark Knight | $1,004,558,444 | 2008
36 | Harry Potter and the Philosopher's St | $ 974,755,371 | 2001
37 | Despicable Me 2 | $ 970,761,885 | 2013
38 | The Lion King | $ 968,483,777 | 1994
39 | The Jungle Book | $ 966,550,600 | 2016
40 | Pirates of the Caribbean: AWE | $ 963,420,425 | 2007
41 | Jumanji: Welcome to the Jungle | $ 962,245,459 | 2017
42 | Harry Potter and the DH – Part 1 | $ 960,283,305 | 2010
43 | The Hobbit: The Desolation of Smaug | $ 958,366,855 | 2013
44 | The Hobbit: The Battle of the Five | $ 956,019,788 | 2014
45 | Incredibles 2 | $ 943,285,687 | 2018
46 | Finding Nemo | $ 940,335,536 | 2003
47 | Harry Potter and the Order of the Pho | $ 939,885,929 | 2007
48 | Harry Potter and the Half-Blood Princ | $ 934,416,487 | 2009
49 | The Lord of the Rings: The Two Towers | $ 926,349,708 | 2002
50 | Shrek 2 | $ 919,838,758 | 2004

Some interesting notes that should be made about these figures...

1. 46 of these movies were in the year 2,000 or later.

2. 35 of these movies were in the year 2010 or later.

3. 19 of these movies were in the year 2015 or later.

4. 4 of these movies were out this year or even still currently in theaters.

5. With the exception of Titanic, all movies on this Top 10 list were released in the last decade. 6 of those were released in the last 3 years.

6. This list, spanning the entire recorded history of ticket sales, does not have an entry on it that pre-dates 1993.




Here's an adjusted list of the Top 10 higest grossing films by ticket sales...

TOP 50 FILMS BY TICKET SALES (adjusted for inflation):

1 | Gone with the Wind | $3,640,000,000 | 1939
2 | Avatar | $3,196,000,000 | 2009
3 | Titanic | $3,026,000,000 | 1997
4 | Star Wars | $2,989,000,000 | 1977
5 | The Sound of Music | $2,503,000,000 | 1965
6 | E.T. the Extra-Terrestrial | $2,444,000,000 | 1982
7 | The Ten Commandments | $2,314,000,000 | 1956
8 | Doctor Zhivago | $2,193,000,000 | 1965
9 | Jaws | $2,145,000,000 | 1975
10 | Star Wars: The Force Awakens | $2,103,000,000 | 2015

Interesting notes about this graph...

1. Only two entries after the year 2,000.

2. For a majority of the films on this list, there was no international release or a limited international release compared to Avitar and The Force Awakens. There certainly wasn't a Chinese Box Office considered for Gone With The Wind or The Ten Commandments, for instance. (I haven't found data to say for sure if Titanic made that money with or without a Chinese Box Office).

3. Total Domestic and International gross for Gone With the Wind not adjusted for inflation is $402 Million, which wouldn't even come close to getting it a top 50 spot.

4. That $402 Million figure that is not adjusted for inflation is only 11% of the $3.64 Billion that puts Gone With the Wind at the top of the adjusted for inflation list.

Sources: https://en.wikipedia.org/wiki/List_of_highest-grossing_films
https://www.telegraph.co.uk/films/0/top-box-office-highest-grossing-mo
vies-time/gone-wind-1939
/



The point of this all being that anybody touting the $20 Trillion GDP as some great milestone is either outright lying about the current situation, or is being disingenuous at best.

I know that CNN and Vox aren't even mentioning this figure at all right now, but I'm sure that FOX and Brietbart can't stop bringing it up.

Shame on both sides for not painting a clear picture of the situation.

OBJECTIVE JOURNALISM IS DEAD.



Do Right, Be Right. :)

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Wednesday, July 25, 2018 6:45 AM

6IXSTRINGJACK

[/i]


If we're going to celebrate that 20Trillion GDP number, I think we should also be celebrating the steady increases of the GDP every single year during the Obama Administration.

2009: $14,418.74 Billion
2010: $14,964.37 Billion
2011: $15,517.93 Billion
2012: $16,155.26 Billion
2013: $16,691.52 Billion
2014: $17,427.61 Billion
2015: $18,120.71 Billion
2016: $18,624.48 Billion

https://tradingeconomics.com/united-states/gdp



My point, of course, is that we shouldn't be celebrating either.

Even most Democrats will not argue that the economy was very good during any point in Obama's administration.

While the US GDP's gains do not seem to translate much at all to the health of the US economy today, I think it paints a much darker picture for the future. After quantitative easing took place it doesn't really matter how much it goes up anymore, and the larger this disconnect grows, the more likely that Signy's scenario of the PetroDollar being overthrown becomes.

Do Right, Be Right. :)

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Wednesday, July 25, 2018 8:21 AM

JEWELSTAITEFAN


Quote:

Originally posted by 6IXSTRINGJACK:
If we're going to celebrate that 20Trillion GDP number, I think we should also be celebrating the steady increases of the GDP every single year during the Obama Administration.

2009: $14,418.74 Billion
2010: $14,964.37 Billion
2011: $15,517.93 Billion
2012: $16,155.26 Billion
2013: $16,691.52 Billion
2014: $17,427.61 Billion
2015: $18,120.71 Billion
2016: $18,624.48 Billion


Using your numbers, the first column is percent over the prior year. The second column is number above 2 years before.

2010 3.78%
2011 3.70% $1,099B
2012 4.11% $1,191B
2013 3.32% $1,174B
2014 4.41% $1,272B
2015 3.97% $1,429B
2016 2.78% $1,197B

The next CY was 19,390B.
2017 4.11% $1,270B

After only the 1st Quarter of CY with 19,960:
18Q1 2.94% $1,336B (1.25 years)
With the expected report coming this week at 20,230:
18Q2 4.33% $1,606B (1.5 years)
With the expected next, Q3 of 20,537:
18Q3 5.92% $1,913B (1.75 years)
And the next, for the 2018 of 20,320:
2018 4.80% $1,696B

This helps clarify how horribly Obama strangled the Economy.

What a celebration.


It must be taking a lot of effort for you to be acting that dumb.

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Wednesday, July 25, 2018 4:08 PM

JEWELSTAITEFAN


Dow closed at 25,414.

This is 4.5% off the Record All-Time High.

Reports are that Trump won the Tariff/Trade war, EU caved in on their unfair and unbalanced trade rape of US.

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