What we consider newsworthy changes on a near-daily basis. Another 1000 point drop in the Dow hardly merits a Google trend today. When it happened a few days ago, the sky was falling along with shares of anything not called Amazon. Mercurial times, these.
The wild ride on the stock market continued on Thursday.
Source: Stocks take another tumble, Dow dives more than 1,000 points – ABC News
Donald Trump trolled the stock market on Twitter, and people are saying it’s proof that he doesn’t know how the stock market works. “Donald Trump thinks the Stock Market is sentient!” roared Twitter. Har har har!
Basically, Trump said it used to be that when economic news was good, the market went up. Economic news is good, but the market went down. Sad. That’s a paraphrase, but you get the idea.
Meanwhile, a million other more important things hang in the balance. So you go ahead and hit that low-hanging non-fruit, Twitter. I get that we all need something to write about, and it’s hard to resist what must seem like an easy swipe, but does anyone really think Trump doesn’t know the fundamentals of the market? Does anyone actually think these clap backs are clever?
John Bogle either loves or hates this game.
This game lets you try your hand at market-timing some of the world’s biggest stocks and indexes. After a few failed attempts at figuring out the interface (click the mouse to buy, hold to hold, release to sell), I managed to turn a profit, albeit trailing the stock and the S&P considerably. With each turn, you get a new anonymous stock. And the end of the game, the stock’s identity is revealed as are your fictitious gains or losses.
Think you can beat the S+P with your market-timing savvy? It’s not likely, but give it shot.