Forbes Feb. 29, 2020:
Since their respective inaugurations, the Dow is up 28% under Trump and over the same time frame it was up 62% under Obama. These figures are based on Thursday’s close before the Dow fell an additional 1.4%.
For the first three plus years since Trump’s inauguration the S&P 500 has risen 30% while under Obama it increased 70%.
The S&P 500 has risen 38% under Trump since his election, while under Obama it rose 36% and 103% from the low point in March 2009. The S&P 500 is also oversold with an RSI of 38.86 but not nearly as much as the Dow. It also closed above its 100 day moving average, so from a technical perspective is not as “broken” as the Dow.
On February 27, 2018, the Dow 30 Industrials closed at 25,410, which means
all the Dow gains of the past two years have been wiped out in just over two weeks and the market has incurred the fastest 10% plus decrease in history.
Just sayin.
https://www.forbes.com/sites/chuckjo.../#4e30a94e3552