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Any predictions for the Dow today? (Original Post) bearsfootball516 Jun 2018 OP
Well The Big Yapper Hasn't Shut Up About Trade Me. Jun 2018 #1
Stocks will fluctuate. mahatmakanejeeves Jun 2018 #2
Beat me to it by a minute. :) nt Yonnie3 Jun 2018 #3
Sorry. I couldn't control myself. Good morning. NT mahatmakanejeeves Jun 2018 #4
I've been offline Yonnie3 Jun 2018 #11
Another dip because of the Dip Shit Trump! BlueJac Jun 2018 #5
So far looks like a see-saw. My WAG is down by about half of yesterdays loss. yonder Jun 2018 #6
Honestly, don't care. Call me when it flatlines. ck4829 Jun 2018 #7
For the most part, the day after a "big" drop PoindexterOglethorpe Jun 2018 #8
Dow up about 60 now, S$P 7, NASDAQ 24... Wounded Bear Jun 2018 #9
Getting close to rebound level ooky Jun 2018 #10
As of 1:48 pm, up 108 points onenote Jun 2018 #12
In the end, it slipped back to a small gain as was predicted above onenote Jun 2018 #13

mahatmakanejeeves

(57,439 posts)
2. Stocks will fluctuate.
Tue Jun 26, 2018, 09:14 AM
Jun 2018
J. P. Morgan



John Pierpont Morgan Sr. (April 17, 1837 – March 31, 1913) was an American financier and banker who dominated corporate finance and industrial consolidation in the United States of America in the late 19th and early 20th centuries.

In 1892 Morgan arranged the merger of Edison General Electric and Thomson-Houston Electric Company to form General Electric. He also played important roles in the formation of the United States Steel Corporation, International Harvester and AT&T. At the height of Morgan's career during the early twentieth century, he and his partners had financial investments in many large corporations and had significant influence over the nation's high finance and United States Congress members. He directed the banking coalition that stopped the Panic of 1907. He was the leading financier of the Progressive Era, and his dedication to efficiency and modernization helped transform American business. Adrian Wooldridge characterized Morgan as America's "greatest banker".

Morgan died in Rome, Italy, in his sleep in 1913 at the age of 75, leaving his fortune and business to his son, John Pierpont Morgan Jr. Biographer Ron Chernow estimated his fortune at "only" $80 million (approximately $1.5 billion in 2015 inflation-adjusted dollars, or about $25.2 billion adjusted for share of United States 2015 Gross domestic product), prompting John D. Rockefeller to say: "and to think, he wasn't even a rich man."

PoindexterOglethorpe

(25,855 posts)
8. For the most part, the day after a "big" drop
Tue Jun 26, 2018, 10:24 AM
Jun 2018

(often a fraction of a percent, although yesterday's was a whopping 1.3%) the Dow regains much, sometimes all of what it lost. I simply don't understand why so many people freak out at relatively small changes in the numbers.

Plus, the Dow isn't the only index out there, and the others are doing quite nicely, thank you very much.

Wounded Bear

(58,653 posts)
9. Dow up about 60 now, S$P 7, NASDAQ 24...
Tue Jun 26, 2018, 10:27 AM
Jun 2018

minor upward shift. Couple of hours left, but it doesn't look like it's recovering fully from yesterday's drop.

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