dow jones

Many American libertarians are so libertarian they think corporations should be allowed to do as they please, even including making products that are dangerous knowingly. or having completely unfair monopolies that shut out small companies. Interesting that’s the way Democrats are acting now picking winners and losers in business. I’m not a big government guy at all, small government is best, no government is anarchy.
I think we all know what happens when all our jobs are outsourced.MAGA
 

Up In Smoke

Well-Known Member
I hope so. I still have open put options. QT is starting next month and should put a little more pressure on the overall market. Nice to see a bump today though. Buying puts at a discount.
 

Wally

BrownCafe Innovator & King of Puns
I hope so. I still have open put options. QT is starting next month and should put a little more pressure on the overall market. Nice to see a bump today though. Buying puts at a discount.
Where would the dow be if the S&P were down to 3500?
 

Up In Smoke

Well-Known Member
I don't give the DOW much weight seeing as though it's only reflective of 30 stocks. I find it better to evaluate the market based on sectors and revenue. Companies with strong revenue can generally find cost savings to maintain profitability. When you look at the hardest hit companies so far in 2022, it was the ones with sky high P/E ratios and hadn't yet been profitable. Companies with IPOs in the last 5-7 years have been getting slaughtered because they have not yet reached sustained profitability and positive cash flow. Raising the interest rates has forced these companies which were relying heavily on cheap capital and the ability to refinance that debt to recalculate their debt structures. Circle of life. The strong survive.
 
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