SPX S&P 500 Daily Chart; US Stock Market Is Lower than When King Donnie Won the Election; Trump Bump after 11/5/24 Turns into Trump Dump

The US stock market is lower than when King Donnie won the election on 11/5/24. On that day, the trading session ended at 5782.76 as Americans cast votes for the democrat, Kamala, the cackling communist, and the republican, Donnie, the orange-headed bloviating carnival clown. Trump wins the election and stocks never looked back until the last couple weeks with the tariff, DOGE, Ukraine and other dramas playing-out daily. Donnie's reality television show is already getting old and stocks tank.

Donnie promised to revitalize the economy, cut regulations (banks rally), and drop inflation from day one. You did not believe any of that dribble, did you? Sucka. Stocks rally big after the election and the bull party is dubbed the "Trump Bump" but it turned into the "Trump Dump" since stocks are lower than when the orange head won the election.

The tariffs are creating market angst since they are viewed as inflationary and consumer sentiment is going south due to the chaos and people losing jobs. Also, King Donnie's activities are a bit sloppy here and there with common folks beginning to wonder what is going on. Donnie spits on our ally Ukraine because he holds a grudge against Zelensky for not digging up dirt on Joe Biden. At the same time, Trump kisses Putin's arse. Donnie will not be happy being labeled as Putin's lapdog. Ex KGB Vlad will love the world viewing him as dominant and Donnie as submissive. When they stand together, the orange head is showing brown on the tip of his nose.

Lots of folks are comparing King Donnie to Neville Chamberlain; it is hard not to miss. It is glaring. History repeats and rhymes. It is a neon light. Sirens are going off. Donnie "Neville" Trump proclaims, "Vlad Putin? Sure, he is a murdering piece of human filth, a dictator that kills detractors by throwing them off buildings, and poisoning people in other countries, and he is the human slime that started the Ukraine War and continues killing people when he could stop the bloodshed tomorrow, and guilty of war crimes, and he has broken nearly every treaty he has ever signed (Zelensky was trying to explain this to Trump but the orange head had already turned red and was in tantrum mode), but good ole Vlad, you can trust him, we can do diplomacy with him, he is a good ole guy." It is pure jackass.

The similarities to Chamberlain's appeasement are eerie. Pray that King Donnie, wearing his paper Burger King hat, does not get us into WW III. Putin will play Trump like a violin (Zelensky was also trying to explain this but the orange head would not listen). If you combine Chamberlain and Trump, you get 'Chump'. How apropos.

Anyhoo, the year started at 5881.63 so a drop from 5882 to 5778 is a 104-point loss thus far this year, or -1.8%. The S&P 500 peaked on 2/19/25 at an all-time record high of 6147.43 and all-time record closing high at 6144.15. The drop from the peak, the Trump Chump Dump, is a 369-point drop, or -6%, so far.

Donnie uses the stock market as his key barometer of success. What do you think, King Donnie? How's it going? King Donnie holds court this evening in Washington, DC, with a windbag speech. Raise your hand if you are an idiot that spends your valuable time in life watching that dribble. Go do something useful instead. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added Monday Evening, 3/10/25: The SPX collapses 156 points today, -2.7%, to 5615. The SPX loses the 12-mth MA at 5664 and the NYA loses the 40-wk MA at 19260 so stocks fall apart. UTIL, however, did not lose the 986 level. Watch it closely since that would usher in Armageddon.

Note Added Saturday, 3/22/25: The SPX 50-week MA is the 5665 palindrome and the critical SPX 12-month MA, that separates a cyclical bull market from a cyclical bear market, is the ominous 5666. Monday above, Tuesday below, Wednesday above, Thursday below, Thursday above, Thursday below, Friday above. The week ends at SPX 5668.The stock market is spinning round like Natalie singing Hey Jack Kerouac. In the last minute of trading for the week, the market makers push the S&P 500 up over the major 5665-5666 demarcation line parking it there for the weekend. Of course they do. The saga will continue next week. This was the action all week long and yet not one talking head on the internet or television highlighted this drama. They simply do not know what to watch. If you are long the market, and the SPX slips back below 5665 and trends lower, you will lose a lot of money as the cyclical bear growls.