eb8

Obama vs Trump... which do you think was better for our economy?

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eb8 Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
It's pretty clear to me. I much prefer slow, steady, and stable uptrend (not to mention correcting the recession he inherited), vs this schizo highly volatile bullshit.
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Obama inherited a recession, and not only flipped it, but turned it around (on the spy as just one example) from a low of around 82$/share, to 270/share when he passed the economy off to Trump.

Sure Trump has gotten some higher highs since then, riding Obama's coat tails. But just like he has bankrupt pretty much every business he has been involved with. Unless we do something about this, he is about to bankrupt The United States of America too.
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I didn't mean to set off this massive and contentious discussion. All I was trying to say was, most investors (myself included) like stable, and predictable markets. If you look at the last year+, it's been far from that. And that trend is likely to continue under this current administration.
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I am done arguing with stupid. I have better shit to do with my time.

Take my analysis for what it is, or leave it.

Zero Fucks given.

Trading View can delete this entire post for all I care.

All I was doing was telling you all what I was, and still am seeing.

I give zero fucks if anyone agrees with me or not, this is just my analysis.

I see a really bad crash coming.

Take my analysis or leave it, zero fucks given. It's just what I see.

Super highly unstably;e market, mostly driven by Donald Dickhead's tweets, and China reacting.

Anyone who thinks the market being driven by tweeter tweets is a stable thing, Is about to have a serious reality check in the next year.
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I expect another drop down to the 200 MA, and if it drops below that, get your shorts on.
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Or your diapers if you are long past that.
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Anyone who thinks this crazy volatility is a good thing, is going to get burnt hard.

Most investors like stability, predictable up trends (to go long), or down trends (to go short).

It's not complicated.

This current environment is far from stable.

DIJ Drops 500 points one day, and rebound 500 the next.

If you call that stability, I think you are an idiot.
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Oh Oh... It's December again. Hopefully that 200 MA will hold again. LOL.
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Watch it drop like a rock from here. This chart is going to look really funny in a year or two. I maybe should have drawn Trump's head a little bigger.

Obama's shaft, and Trump's mushroom head. LOL
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Hmm...
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Ouch, 200 weekly MA, here we come in the next couple weeks. Hopefully it will hold, if not, Get ready to get your real shitting pants on (aka diapers) if you are heavily invested in this Trump Pump and Dump.
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And if it breaks the 200... even long term inverters might need to break out the diapers.
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Starting to look a little funny.

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If that 200MA breaks, get your diapers on folks.
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Hmm... Are we having fun yet?

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First time in over 8 years the SPY has broke the 200 weekly MA.

And it went from new all time highs, or this in two weeks?

Yeah, this is the work of a stable genius.
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I told you all this chart was going to look kinda funny. Just wait til the next shoe drops.
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I made one mistake (actually two, the second being the impact it would have on my life, and investing/trading, it''s amazing what can happen when you piss off powerful people), but I digress, the first mistake I made is the fact that the stock market is not the economy. In fact the stock market is completely divorced from the reality of main street. Millions of small bushiness are closing up shop, and millions of individuals are declaring bankruptcy.

All the while the stock market continues to go up. The stock market doesn't care if millions, if not 10's or 100's of millions, or even billions of people are suffering.

The rich are going to keep getting richer.

People talk about this being a V shaped recovery. Yes, but only on the stock market, and for rich folks. For everyone else it's a K shaped recovery. The rich getting richer, and the poor getting poorer.
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