Dow breaks all time intraday high

firegiver

Heisman
Sep 10, 2007
73,516
19,877
113
  • Intraday high: The Dow reached an all-time intraday high of 48,431.57 on November 12, 2025.

THANK YOU PRESIDENT TRUMP - 47th President of the United States of America... because the left FAILED to kill him.
I'm sure he'll read this and get back to you.
 
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PalmettoTiger1

Heisman
Jan 24, 2009
12,693
12,496
113
Does it upset you to see this country do well?

@firegiver is terribly distressed at the huge historic unmatched success of Trump setting records every week in many categories.

Trump does have some room and spots to fix but otherwise Trump is building the foundation for America to enjoy Golden Years which as long as MAGA and America First rule this Age of Greatness based on Christian Conservatism Common of Sense Values will be generational.

firegiver hates and complains constantly about the success hundreds of millions of Americans will enjoy along with the entire world benefitting from the Trump Superpower of Winning
 

dpic73

Heisman
Jul 27, 2005
30,692
23,569
113
@firegiver is terribly distressed at the huge historic unmatched success of Trump setting records every week in many categories.

Trump does have some room and spots to fix but otherwise Trump is building the foundation for America to enjoy Golden Years which as long as MAGA and America First rule this Age of Greatness based on Christian Conservatism Common of Sense Values will be generational.

firegiver hates and complains constantly about the success hundreds of millions of Americans will enjoy along with the entire world benefitting from the Trump Superpower of Winning
 
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dpic73

Heisman
Jul 27, 2005
30,692
23,569
113
  • Intraday high: The Dow reached an all-time intraday high of 48,431.57 on November 12, 2025.

THANK YOU PRESIDENT TRUMP - 47th President of the United States of America... because the left FAILED to kill him.
Welp, that was short-lived! THANK YOU PRESIDENT TRUMP!

1763051871289.png
 
Mar 16, 2006
9,988
19,610
113
I hear you. Just because HNWI’s & VHNWI’s are doing well doesn’t mean everyone is. I see it out here for sure as the gap between the Haves and the Have-nots gets bigger.

Sometimes it’s hard for people who have worked their arses off to climb from true Working Class to HNWI status to remember what it’s like to struggle. Even harder for those one-generation removed who stand on the shoulders of what their parents built.

It’s a lot like when we lived in Monrovia…might be overcast & smoggy at the house. Drive up to Mt. Wilson (5,700’) only 10 miles as the crow flies and the view is sunny & beautiful.
 
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Clemblack

Heisman
Aug 6, 2008
7,471
13,852
56
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bdgan

All-Conference
Oct 12, 2021
4,566
4,458
113
Sometimes it’s hard for people who have worked their arses off to climb from true Working Class to HNWI status to remember what it’s like to struggle. Even harder for those one-generation removed who stand on the shoulders of what their parents built.
Sure. It's also easy for people who are struggling to think things were a lot easier for those who came before them.

I lived in a crappy apartment when I was born. My dad bought some land and built out first house by himself on evenings and weekends. The first house he bought was about 1,300 sq ft with a gravel driveway and no A/C. Clothes were dried on lines outside. My dad worked 2 jobs and I waited for him to get home at midnight. I had it a lot better but I started out in a crappy apartment and mortgage rates were about 16% when we bought our first house. I worked from the time I was 12 yrs old.

It goes both ways. I fully appreciate that things can be difficult for a young family. The question is what to do about it. IMO one of the big changes is that we don't have as many good paying manufacturing jobs. Tariffs that might bring some (10%?) of those jobs back but people don't want to give up the low prices of imported goods. Car insurance is expensive because of all the new technology (air bags, cameras, etc). Health insurance is expensive because we provide more coverage for things like mental health and weight loss drugs.
 

dpic73

Heisman
Jul 27, 2005
30,692
23,569
113
It's buying opportunity dummy.
Dude, you don't have to explain how the stock market works to me as I've made a very hefty return all-time, but please recognize when your orange colored zesty exuberance is being mocked. 😅 What a clod...
 

m.knox

All-Conference
Aug 20, 2003
3,482
3,510
113
Dude, you don't have to explain how the stock market works to me as I've made a very hefty return all-time, but please recognize when your orange colored zesty exuberance is being mocked. 😅 What a clod...

LOL... you are being mocked, clod....

How did keying that Tesla feel today??
 
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PalmettoTiger1

Heisman
Jan 24, 2009
12,693
12,496
113
Dude, you don't have to explain how the stock market works to me as I've made a very hefty return all-time, but please recognize when your orange colored zesty exuberance is being mocked. 😅 What a clod...

Share your manner of success with me so I can have enough to share with the less fortunate

WWJD Principle
 
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tboonpickens

Heisman
Sep 19, 2001
20,313
36,186
113
As someone with a 401k and portfolio (most Americans have neither if we're being truthful), I'm all for the stock market thriving...but let's not act like this economy isn't trending in a very dark direction overall. The stock market being buoyed by an AI bubble doesn't really give me great confidence.



 

bdgan

All-Conference
Oct 12, 2021
4,566
4,458
113
As someone with a 401k and portfolio (most Americans have neither if we're being truthful), I'm all for the stock market thriving...but let's not act like this economy isn't trending in a very dark direction overall. The stock market being buoyed by an AI bubble doesn't really give me great confidence.




It's pretty sad if you're 20-24 and you've given up looking for a job.

It's a sad state of affairs when working age people would rather live off government benefits than actually work to support themselves and their families.
 

scotchtiger

Heisman
Dec 15, 2005
134,764
22,422
113
As someone with a 401k and portfolio (most Americans have neither if we're being truthful), I'm all for the stock market thriving...but let's not act like this economy isn't trending in a very dark direction overall. The stock market being buoyed by an AI bubble doesn't really give me great confidence.





I think we can take off our political hats and recognize that AI is THE driving factor in both market performance and labor trends. I'm not sure if AI is a market bubble or not (Jensen would say not, and btw my CEO/boss was with Jensen this week). But labor trends are 100% going to be affected by AI. TONS of jobs are going to be automated in the coming years. I don't have the answer there, but our politicians should stop arguing about dumb **** and address real, systemic, transformational issues like that.
 

firegiver

Heisman
Sep 10, 2007
73,516
19,877
113
I mean, my strategy has been dialed in to deal with what's coming, which is quantitative easing. The facts are that corporations are indeed passing money around in a circle and putting it on the balance sheet, so quarterly calls sound amazing. Also, facts are that AI being the only driver for the market at the moment, and that AI companies revenue do not match the speculation. But, if you have money, its a fine time to invest. Just hope nothing nudges the elephant balancing on the pyramid. But when that happens, just buy all the way down. You'll get rich doing that.
 

baltimorened

All-Conference
May 29, 2001
6,329
4,678
113
Sure. It's also easy for people who are struggling to think things were a lot easier for those who came before them.

I lived in a crappy apartment when I was born. My dad bought some land and built out first house by himself on evenings and weekends. The first house he bought was about 1,300 sq ft with a gravel driveway and no A/C. Clothes were dried on lines outside. My dad worked 2 jobs and I waited for him to get home at midnight. I had it a lot better but I started out in a crappy apartment and mortgage rates were about 16% when we bought our first house. I worked from the time I was 12 yrs old.

It goes both ways. I fully appreciate that things can be difficult for a young family. The question is what to do about it. IMO one of the big changes is that we don't have as many good paying manufacturing jobs. Tariffs that might bring some (10%?) of those jobs back but people don't want to give up the low prices of imported goods. Car insurance is expensive because of all the new technology (air bags, cameras, etc). Health insurance is expensive because we provide more coverage for things like mental health and weight loss drugs.
and young people today won't work two jobs
 
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PalmettoTiger1

Heisman
Jan 24, 2009
12,693
12,496
113
I think we can take off our political hats and recognize that AI is THE driving factor in both market performance and labor trends. I'm not sure if AI is a market bubble or not (Jensen would say not, and btw my CEO/boss was with Jensen this week). But labor trends are 100% going to be affected by AI. TONS of jobs are going to be automated in the coming years. I don't have the answer there, but our politicians should stop arguing about dumb **** and address real, systemic, transformational issues like that.

@scotchtiger I agree totally with your statement jobs are going to be affected.

using s real life experience as a tiny boy I would drag the crocus sack snd pick cotton to earn 5 cents a day to buy an RC and pink coated oatmeal cookie

That ended just a year or so later with mechanical cotton pickers

I am envisioning within 10 years there will be humanoid type robots from Tesla that will pick the farm fields of vegetables and fruits 24/7/365 not needing breaks or sick or human fallacies

This will end the need for migrant farm workers and change the face of US labor

Maybe I am wrong but last time I betted against automation I ended up with no RC Cola and pink sugar coated oatmeal cookie
 
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TigerGrowls

Heisman
Dec 21, 2001
45,275
34,364
113
I think we can take off our political hats and recognize that AI is THE driving factor in both market performance and labor trends. I'm not sure if AI is a market bubble or not (Jensen would say not, and btw my CEO/boss was with Jensen this week). But labor trends are 100% going to be affected by AI. TONS of jobs are going to be automated in the coming years. I don't have the answer there, but our politicians should stop arguing about dumb **** and address real, systemic, transformational issues like that.
Im not a govt intervention person I would support govt creating some guardrails related to automating away entire workforce groups with AI. Out in Cali this week and they are talking about how AI is already taking port functions from workers. Need to decide as a society what we want AI to do rather than make AI do it because it can be done as the only determining factor.