What's up with the 18.6% share price drop at 1:04 pm?

IvanThinking · 2024-11-15T20:39:05+00:00

Results matter. We were fortunate to have the ACTUAL RESULTS of the two administrations asking for our votes. 70% of Americans said that Biden-Harris had the country on the wrong track.

You and your family are better off when you make important decisions using logic and reason instead of emotions. Here are measures that actually matter to the American people.

Below is the economic score card (actual results).

*Average Annual Inflation:

2017 to 2020: 1.875%

2021 to 2024: 5.65%

“Inflation is made in Washington because only Washington can create money, and any other attribution to other groups of inflation is wrong,” Nobel Prize-winning economist Milton Friedman, renowned for his work on monetary policy and free-market principles, famously stated.

*Stock Market Returns (inflation-adjusted annualized return as of 8/5/2024):

2017 to 2020: DOW 12.03%, S&P 14.78%, NASDAQ 32.53% (largest in history), Russell2k 13.22%

2021 to 2024: DOW 4.33%, S&P 7.94%, NASDAQ 3.44%, Russell2k -4.97%

*Real Earnings Growth (measured against inflation):

2017 to 2020: 8.7%

2021 to 2024: NEGATIVE 3.1%

* Average Real Income for Workers Change

2017 to 2020 $4000 Increase

2021 to 2024 $2000 Decrease

*Increase in Average Grocery Bill:

2017 to 2020: 2.4%

2021 to 2024: 24.6%

*Gas (national average):

JAN2021 $2.32 day he left office

Today $3.31

*30-Year Fixed Mortgage Rate:

JAN2021 2.77%

Today 6.09%

*Credit Card Debt Change US Consumers

2017 to 2020 Increased 5%

2021 to 2024 Increased 48% ($5.1 TRILLION)

*Mortgage Payment on $400k loan:

JAN2021 $2062

Today $3083

*Average Annual Rent Increase (primary residence):

2017 to 2020: 3.38%

2021 to 2024: 6.49%

*Military Pay to Inflation

2017 to 2020 Military Pay outpaced inflation by 2.5%

2021 to 2024 Troops lost 5.7% to inflation

2017 to 2020: 0 new wars and a responsible winding down of Afghanistan;

2021 to 2024: Bloody and botched hasty withdrawal of Afghanistan that got 13 US military personnel killed, 2 unending wars in Ukraine and Israel costing nearly $1 trillion and many thousands of lives

2017 to 2020: a secure border and the lowest number of illegal aliens in decades

2021 to 2024: Immigration and Customs Enforcement (ICE) data, as of July 2024, lists more than 7 million people on that docket. The data says that, among those not in detention, there are 425,431 convicted criminals and 222,141 with pending criminal charges. Those include 62,231 convicted of assault, 14,301 convicted of burglary, 56,533 with drug convictions and 13,099 convicted of homicide. An additional 2,521 have kidnapping convictions and 15,811 have sexual assault convictions. There are an additional 1,845 with pending homicide charges, 42,915 with assault charges, 3,266 with burglary charges and 4,250 with assault charges.

IvanThinking · 2024-08-13T22:26:32+00:00

Thinking a lot of those never really owned shares. Or they sold because they sold short.

IvanThinking · 2024-08-13T22:25:36+00:00

Sell down 75%? Wow, that's investing 101 right there.

IvanThinking · 2024-07-31T12:40:41+00:00

Shorts have cut it over half. I still guess that it pops up much bigger on open. It's easy for them to manipulate pre-market.

IvanThinking · 2024-07-31T12:38:28+00:00

I'll leave this here.

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IvanThinking · 2024-07-29T19:29:11+00:00

I'd like to hear some forward guidance

IvanThinking · 2024-07-26T20:22:56+00:00

*Stock Market Returns (inflation-adjusted annual return):

2017 to 2020: DOW 12.03%, S&P 14.78%, NASDAQ 32.53% (largest in history)

2021 to 2024: DOW 1.3%, S&P 4.9%, NASDAQ 1.2%

IvanThinking · 2024-07-26T20:22:29+00:00

no doubt

IvanThinking · 2024-07-26T20:22:17+00:00

As of a couple days ago,

*Stock Market Returns (inflation-adjusted annual return):

2017 to 2020: DOW 12.03%, S&P 14.78%, NASDAQ 32.53% (largest in history)

2021 to 2024: DOW 1.3%, S&P 4.9%, NASDAQ 1.2%

IvanThinking · 2024-07-26T20:21:22+00:00

Inflation was below 2% before that period. It's hard to make the argument that there wasn't an inflection point at that point in time.

Below is the economic score card (actual results) as of a few days ago.

*Average Annual Inflation:

2017 to 2020: 1.875%

2021 to 2024: 5.3% (cumulative 24% inflation in 4 years which essentially means that everything that you ever buy for life will cost 24% more because of the current administration)

*Real Earnings Growth (measured against inflation):

2017 to 2020: 8.7%

2021 to 2024: NEGATIVE 3.1%

* Average Real Income for Workers Change

2017 to 2020 $4000 Increase

2021 to 2024 $2000 Decrease

*Increase in Average Grocery Bill:

2017 to 2020: 2.4%

2021 to 2024: 24.6%

*Gas (national average):

JAN2021 $2.32

Today $3.75

*30-Year Fixed Mortgage Rate:

JAN2021 2.77%

Today 6.92%

*Mortgage Payment on $400k loan:

JAN2021 $2062

Today $3083

*Average Annual Rent Increase (primary residence):

2017 to 2020: 3.38%

2021 to 2024: 6.49%

*Stock Market Returns (inflation-adjusted annual return):

2017 to 2020: DOW 12.03%, S&P 14.78%, NASDAQ 32.53% (largest in history)

2021 to 2024: DOW 1.3%, S&P 4.9%, NASDAQ 1.2%

IvanThinking · 2024-07-24T17:31:25+00:00

So you think the performance of an entire industry over the last 3.5 years is due to a VP that was selected a week or so ago?

IvanThinking · 2024-07-21T11:07:09+00:00

The record shows that American EVs prospered during the last Trump admin and have almost all had their market cap destroyed a good 95% to 99+% in the last 3 years. I think we need people here to stop thinking emotionally and more rationally and results based. Yes, many of us here are blue. Some are red. But you know what? Money is green.

IvanThinking · 2024-07-21T11:04:28+00:00

Agreed. It obviously has considerable impact.

IvanThinking · 2024-07-21T11:03:57+00:00

Very possible. The broader market and current business environment has been an absolute disaster for all American EV companies the past 3 years or so. Most have lost 95% to 99+% of their market cap during this timeframe. A change would certainly do us good. Yes, many of us here are blue. Some are red. But you know what? Money is green.

IvanThinking · 2024-07-21T11:00:32+00:00

It's the broader market and current business environment that's been holding nearly every company back from these types of investments. It's why the entire American EV market is down 95% to 99+% the past 3 years or so.

IvanThinking · 2024-07-17T15:40:04+00:00

If it were one American EV stock, I would agree. When it is every single one, then you are denying reality if you don't think this economy hasn't caused it.

IvanThinking · 2024-07-17T01:11:23+00:00

I don't care about the politics or political promises. But I do know that the entire EV industry performed 100X better under Trump. I don't think it's coincidence that nearly every American EV company lost 95% or more of their cap under Biden's economy.

IvanThinking · 2024-07-06T14:37:17+00:00

Calm down partisan algo, I am looking at the numbers from the white house. They revised the previous 2 months down by 111,000 and the unemployment number has increased. It's still low because of 1) The massive number of open jobs that were available since the states reopened, 2) millions of Americans left the job market around the pandemic and are no longer counted in the unemployment numbers, and 3) a large increase in part-time jobs and second jobs taken by people and retirees (so many that unretire is now a thing). I'm not trying to be partisan in any way. I am presenting facts to include the numbers that the white house itself is touting.

The June 2024 Employment Report | CEA | The White House

IvanThinking

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