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“What happened in the last two-three trading sessions is that we again managed to regain the 19500 mark. Now we are trading near about the 20-day moving average, so that's adding up, and now some positive sentiment is taking place on the near-term setup.”
S&p 500, you may see a brand-new record on this. the s&p probably resembles your 401(k) or i.r.a. if you have one. since the beginning of june, it's up 6.9%. this is better than you get in some entire years. this is better than some months. if you go back to the second quarter of this year, second three-month period that ended friday, this is up 3.8%. that's pretty good for one quarter of a year. but let's go back to the beginning of the year. the first half of the year ended on friday from a trading perspective and you've seen a gain on the s&p 500, 17.3%. this is remarkable. we don't know wh...
Election. i think that people generally feel good about the economy, and they've made up their minds. if they want democrats to control, they're going to be voting democrat. if they like what trump's doing, they're going to go that way. so what's happening now, i don't think the language he's using about the fed really moves the needle -- neil: no effect. but from the trading perspective, steven was arguing we have problems this asia, we have problems with our futures market. i'm going to be a little unsettled and worried about next week. what do you think? >> i think we already kind of saw th...
Billion trade deficit with china, it's not, it's $375 billion. so he's not really handling this. this requires a scalpel and he's using a sledge hammer. but he is right, china does need to be dealt with from a trading perspective. >> i want to ask you about this economy. just tonight i was made aware of the list of the top ten single day point drops on the dow. a bunch of them are from the housing crisis, financial crisis in 2008. four of the top ten all-time single day point drops have been in 2018, under donald trump. what's that about? >> part of it is because the dow is as high as it is. t...
China, it's not, it's $375 billion. so he's not really handling this. this requires a scalpel and he's using a sledge hammer. but he is right, china does need to be dealt with from a trading perspective. >> i want to ask you about this economy. just tonight i was made aware of the list of the top ten single day point drops on the dow. a bunch of them are from the housing crisis, financial crisis in 2008. four of the top ten all-time single day point drops have been in 2018, under donald trump. what's that about? >> part of it is because the dow is as high as it is. this has been going on since...