PrintAugust 28, 2010
Graph of the Day for August 28, 2010
"It [the stock market] bobs up and down from day to day. And if you spend all your time worrying about that, you're probably going to get the long-term strategy wrong." President Obama, March 2009.
"September is the month when kids go back to school, leaves turn yellow and gold, and stock prices drop like ripe apples." USA Today, September 2009
"The Hindenburg Omen reared its ugly head late last week, signaling more doom and gloom as stocks plod along amid the dog days of summer. The Omen, a technical indicator which uses a plethora of data to foreshadow a stock-market crash, was tripped again on Friday, marking the second time since Aug. 12 it has occurred." Steven Russolillo, The Wall Street Journal, August 23, 2010.
Source: Chart of the Day.
Hoven's Index for August 28, 2010
S&P 500 levels at selected points in Barack Obama's career:
Wins Iowa caucuses, Jan. 3, 2008: 1447
Clinches nomination, June 3, 2008: 1378
Wins general election, Nov. 4, 2008: 1006
Inaugurated, Jan. 20, 2009: 805
Stimulus passes, Feb. 17, 2009: 789
ObamaCare passes, Mar. 23, 2010: 1174
Recent, Aug. 26, 2010: 1047
Source: Yahoo Finance.
FOLLOW US ON
Recent Articles
- The Russia Tariff Canard
- When The Government Brutalizes Children
- Trump’s Global Bunker Buster Day
- Phone-Free Schools: Banning Phones to Protect Schoolchildren
- Out-of-Control Courts
- ‘Democracy,’ Establishment Style
- The Truth About Trump’s Tariff Revisions … It’s All About 'The Art of the Deal'
- Remember, MAGA: This is No Time to Go Wobbly
- The Hill of Lies
- Trump’s Tariff Play: The Art of the Economic Reset
Blog Posts
- Where were all the ‘protesters’ during Biden’s years in office?
- Progressivism is an auto-immune disease
- Time to tariff up: Stop funding our own collapse
- Major victory from SCOTUS in Trump deportation case
- Mississippi on the move
- We called him ‘Daniel el travieso’
- The Supreme Court affirms Justice Boasberg lacked jurisdiction over Trump’s deportation decision under the Alien Enemies Act
- DOGE spirit moves downstream -- to new U.S. Attorney who vows to probe the billions lost to L.A.'s homeless industrial complex
- A majority of self-identified leftists think political assassination is a societal good
- One Democrat has an idea for winning: a new ‘Contract with America’
- Kash Patel promotes an FBI agent who called J6 patriots and moms at school board meetings ‘terrorists’
- Tariffs threaten to put the nail in the ‘green’ energy coffin
- U.K. man fired for saying terrorists who murdered 1,200 Israelis are 'violent and disgusting'
- Abolish the Bar: The root of our corrupt and lawless judiciary
- Ignore Bill Ackman’s concerns; Trump’s economic plans are genius UPDATED