Strider Elass @StriderElass Twitter profile

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Strider Elass

@StriderElass

4 years

Coumo "Our way worked in New York" Seriously?!?! I don't want any part of that way...

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Strider Elass

@StriderElass

4 years

The Domestic Box office (movie theaters) brought in a whopping $5,179 for the week of Mar 20-26. Down 100% from $204,193,406 the same week a year ago... These numbers are just incredible.

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Strider Elass

@StriderElass

1 year

What we have in Washington D.C. is not a revenue problem its a spending problem! If the government confiscated the net worth of the Forbes 400 richest (which was $4.0 trillion in 2022) that would only run the government for a little over 7 months. (1/5)

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Strider Elass

@StriderElass

4 years

The 2017-2018 flu season was one of the worst in recent history. 643 kids 0-17 died from it. 94 kids aged 0-17 have died with or from COVID-19 and yet we have shut down most schools. Why didn't this matter in 2017-2018? Or maybe we were just more rational...

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Strider Elass

@StriderElass

3 years

I’ll just leave this here...

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Strider Elass

@StriderElass

3 years

The 7-day moving average for COVID-19 deaths is down to 635. Besides the last few days, this is the lowest since June 27th of last year. WHY IS NO ONE TALKING ABOUT THIS?!?!?! If we break under 600 it'll be the lowest since April 1st 2020. Basically when the pandemic began!

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Strider Elass

@StriderElass

1 year

History is full of economic and societal collapses. The Incan and Roman societies disappeared, the Ottoman Empire fell apart, the United Kingdom saw the pound lose its reserve currency status. So, anyone who says the US, and the dollar, couldn’t face the same fate doesn’t pay

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Strider Elass

@StriderElass

9 months

F1 track in Vegas. Going to be awesome!!! @F1 #Formula1 #f1lasvegas

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Strider Elass

@StriderElass

2 years

So far 331 people in Chicago have been murdered this year. That brings the total to 2,952 since 2018. That’s more US deaths than occurred in the War in Afghanistan where 2,461 tragically died over a 20 year period! What is Lori Lightfoot doing?

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Strider Elass

@StriderElass

4 years

New CDC Infection Fatality Rates 0-19 years: 0.003% 20-49 years: 0.02% 50-69 years: 0.5% 70+ years: 5.4% If these are accurate, at any of these age ranges, you have a higher risk of dying in a given year from all other causes than from COVID-19.

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Strider Elass

@StriderElass

3 years

Schools need to be fully open next year. When will we start following the data?!?!

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Strider Elass

@StriderElass

4 years

It took: 34 years for a Chickenpox vaccine 15 years for a HPV vaccine 9 years for a Measles vaccine 7 years for a Polio vaccine 4 years for a Mumps vaccine but only 11 MONTHS for a COVID-19 vaccine Incredible how far we have come in a year when you really think about it!

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Strider Elass

@StriderElass

8 months

YTD through the end of October, the S&P 500 was up 10.66% with the Magnificent 7 (MSFT, NVDA, AAPL, AMZN, GOOG, META, TSLA) making up more than 100% of the YTD return, meaning the other 493 companies combined were DOWN for the year. Then November happened... the S&P 500 rose

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Strider Elass

@StriderElass

1 year

If Dems were able to raise the top marginal rate to 100% instead of 37% today, and the 39.6% they're hoping, that would impact 922,362 filers based on the latest data we have which is through the 2020 tax year. That would just bring in an extra $580.7 billion, and that’s if

jim iuorio

@jimiuorio

1 year

This is an amazing level of economic ignorance. Mind blowing…

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Strider Elass

@StriderElass

3 years

Great news! 73.1% of those 65 and older have had at least one covid-19 vaccine. 49.8% have been fully vaccinated! This group of people make up 16.3% of US population but have been over 80% of Covid-19 deaths

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Strider Elass

@StriderElass

1 year

In California, 4.3% of tax payers, or only 783,982 returns pay 68.3% of personal income taxes. It seems like these are the people you would want to hold on to! Yet, every policy that comes out is to the opposite! This is how you ruin a state. The beauty and weather of

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Strider Elass

@StriderElass

3 years

Been in meetings all day. I see the S&P 500 was up 0.28%. Pretty uneventful day…

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Strider Elass

@StriderElass

3 years

“I don’t want to punish anyone’s success; I’m a capitalist,” President Biden said in a speech Thursday. “All I’m asking is, pay your fair share.”

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Strider Elass

@StriderElass

5 years

Gundlach said we were in a bear market December 17th 2018 after the S&P 500 was already down 11%. That's all I heard for weeks. Then, he doubled down again in March. So far listening to him has only cost you 23.1%, and that's not including dividends! @ScottWapnerCNBC

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Strider Elass

@StriderElass

2 years

435 companies in the S&P 500 have now reported earnings for Q4. 75.6% have surprised to the upside. Earnings are up 28.3% from a year ago. Overall, consensus was estimating 19.8% YOY at start. So far, revenues are up 15.6% YOY. Great numbers.

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Strider Elass

@StriderElass

4 years

@LoriPow73 rounded...

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Strider Elass

@StriderElass

5 years

This is embarrassing. She moves on so fast once she realizes she has no idea.

Caleb Hull

@CalebJHull

5 years

Maxine Waters appears to not know that the government nationalized students loans 10 years ago despite chairing a committee that regulates the banks...?

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Strider Elass

@StriderElass

2 years

"Make no mistake, inflation is largely the fault of Putin.” - President Biden Has the president looked at the data? CPI YOY Sep '21 +5.4% Oct '21 +6.2% Nov '21 +6.8% Dec '21 +7.1% Jan '22 +7.5% Feb '22 +7.9% Mar '22 +8.5%

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Strider Elass

@StriderElass

2 years

Daily reminder that Milton Friedman was right.

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Strider Elass

@StriderElass

4 years

If we reported the fatality rate for the flu in the US like we are the coronavirus (deaths/postive tests) it would be 7 times worse than the coronavirus! What matters though is the total people that have have been infected... take look at the chart below.

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Strider Elass

@StriderElass

2 years

On Jan 9 '22 there was a record 109 containerships waiting to be unloaded at the ports of Long Beach and Los Angeles. This number has improved, down to 41 waiting today. Pre-pandemic normal there were 0-1 waiting so still have a long way to go but slowly improving.

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Strider Elass

@StriderElass

2 years

Earnings update: 458/500 companies in the S&P 500 have reported for Q1 (90.2% of market cap). 77.3% have surprised to the upside. Earnings are +9.2% from a year ago. Overall, consensus was estimating 5.2% YOY at start. Revenues are +12.9%. Another solid quarter!

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Strider Elass

@StriderElass

2 years

Earnings update: 437/500 companies in the S&P 500 have reported for Q1 (88.1% of market cap). 78.5% have surprised to the upside. Earnings are +9.3% from a year ago. Overall, consensus was estimating 5.2% YOY at start. Revenues are +12.9%. Another solid quarter!

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Strider Elass

@StriderElass

3 years

I don’t get why you suspended @wesbury for this @twitter … 1. There have been more COVID deaths in 2021 than in 2020. 2. So far it seems omicron strain is much more mild. 3. the Great Reset is a title of a book by Klaus Schwab. What’s the problem??

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Strider Elass

@StriderElass

2 years

Earnings update: 330/500 companies in the S&P 500 have reported for Q1 (79.0% of market cap). 80% have surprised to the upside. Earnings are +8.2% from a year ago. Overall, consensus was estimating 5.2% YOY at start. Revenues are +12.3%. Another solid quarter so far.

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Strider Elass

@StriderElass

4 years

With 203 of the 500 companies in the S&P 500 having reported for Q4. 81.3% have surprised to the upside. Earnings are only down 0.3% from a year ago. Overall, consensus was estimating -8.8% YOY at the start. Revenues are up 0.9% from a year ago. $spx #earnings

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Strider Elass

@StriderElass

2 years

457/500 companies in the S&P 500 have reported for Q2 (91.3% of market cap). 75.5% have surprised to the upside. Earnings so far are +7.7% from a year ago. Overall, consensus was estimating 4.1% YOY at start. Revenues so far are +13.5% YOY. What recession?!?

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Strider Elass

@StriderElass

1 year

First Trust Economics Team rated #1 by Consensus Economics for accuracy in forecasting for 2022.

Consensus Economics - G7 & Western Europe 2022 Forecast Accuracy Award Winners - Consensus Economics

London, April 25, 2023: Consensus Economics, the world’s leading economic survey organization, has announced the recipients of its 2022 Forecast Accuracy Award (FAA). The FAA program recognises the...

www.consensuseconomics.com

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Strider Elass

@StriderElass

2 years

Biden just said they are releasing with other countries 60 million barrels of strategic oil reserves to lower gas prices. Does he realize that’s not even one day of world oil consumption?!? The world consumes around 97 million barrels a day.

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Strider Elass

@StriderElass

3 years

Something to be thankful for! 487 companies in the S&P 500 have now reported earnings for Q3. 81.5% have surprised to the upside. Earnings are up 40.9% from a year ago. Overall, consensus was estimating 28.4% YOY at start. So far, revenues are up 17.3% YOY. Happy Thanksgiving!

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Strider Elass

@StriderElass

2 years

"Make no mistake, inflation is largely the fault of Putin.” - President Biden Has the president looked at the data? CPI YOY Sep '21 +5.4% Oct '21 +6.2% Nov '21 +6.8% Dec '21 +7.0% Jan '22 +7.5% Feb '22 +7.9%

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Strider Elass

@StriderElass

5 years

Real median household income hit $65,084 (in 2019 $) for the 12 mo. ending in July. The highest ever and +$4,144, or 6.8%, since Mr. Trump took office. From the end of the recession in June 2009 through January 2017—it rose only about $1,000.

Opinion | Trump’s Middle-Class Economic Progress

A new study indicates median incomes are rising far faster than they did under Bush or Obama.

www.wsj.com

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Strider Elass

@StriderElass

2 years

If Putin is code word for Money Supply, then yes the growth in Putin is what's driving prices higher.

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Strider Elass

@StriderElass

5 years

In 2018, there were 1.7 million workers making at or below the fed minimum wage. that is out of a total of 140.1 million wage and salary workers. So only 1.22% of total workers were making federal minimum wage or below. The lowest since at least 1979 (as far back as the data go).

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Strider Elass

@StriderElass

3 years

'20 Powell - Inflation is transitory '21 Q1 Powell - Inflation is transitory, trust us '21 Q2 Powell - Inflation is transitory, no really, trust us '21 Q3 Powell - Inflation is transitory, really, really! Current Powell - there are many definitions of transitory

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Strider Elass

@StriderElass

5 years

UPDATE: 490 of the 500 companies in the S&P 500 have reported for Q2. Earnings are up 2.1% from a year ago. Overall, consensus was estimating -2.9% YOY at the start. Just like Q1, earnings will ended up positive. The much feared earnings recession is not real. $spx #earnings

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Strider Elass

@StriderElass

1 year

In 2022 Government revenue hit 19.2% of GDP, the 2nd highest reading behind 2000 (19.8%) going back all the way to 1950. The big difference: 2000 saw a $236 billion surplus. 2022 saw a $1.38 trillion deficit! Government spending is the issue plain and simple!

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Strider Elass

@StriderElass

3 years

Hearing that masks are working in California... When will it end? Do they believe people are that ignorant?!?! People look at the DATA!

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Strider Elass

@StriderElass

5 years

Gundlach said we were in a bear market December 17th after the S&P 500 was already down 11%. That's all I heard for weeks. Then, he doubled down again in March. So far listening to him has only cost you 19.4%, and that's not including dividends!

Jeffrey Gundlach says the S&P 500 is headed to new lows: 'I'm pretty sure this is a bear market'

DoubleLine Capital CEO Jeffrey Gundlach said Monday that he "absolutely" believes the S&P 500 will go below lows hit early in 2018.

www.cnbc.com

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Strider Elass

@StriderElass

3 years

"For the time is coming when people will not endure sound teaching, but having itching ears they will accumulate for themselves teachers to suit their own passions, and will turn away from listening to the truth and wander off into myths." 2 Timothy 4:3-4

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Strider Elass

@StriderElass

2 years

An ugly day for markets but more solid earnings. 135/500 companies in the S&P 500 have reported for Q1 (28.7% of market cap). 79.3% have surprised to the upside. Earnings are +7.4% from a year ago. Overall, consensus was estimating 5.2% YOY at start. Revenues are +11.5%

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Strider Elass

@StriderElass

4 years

It’s time to open schools. If we are afraid of COVID-19 deaths for school-aged kids, we should be terrified of flu and pneumonia deaths! If we don’t close for flu and pneumonia why for COVID-19? Data is from the CDC and covers the period from 2/1/2020 to 7/15/2020.

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Strider Elass

@StriderElass

2 years

Final Q4 '21 Earnings tweet: 498 companies in the S&P 500 have reported earnings for Q4. 75.3% have surprised to the upside. Earnings are up 28.9% from a year ago. Overall, consensus was estimating 19.8% YOY at start. revenues are up 16.1% YOY. Another very strong quarter!

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Strider Elass

@StriderElass

1 year

Just read a Washington times article titled “Biden to hike payments for good-credit homebuyers to subsidize high-risk mortgages” thought there is no way this is true. So went to the FHFA. It’s true… what is happening?!?! @wesbury @BobStein_FT Link to the FHFA release below:

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Strider Elass

@StriderElass

3 years

The max drawdown for the S&P 500 this year has been 5.2% but it has been a much different story for the stocks within the index: 93% saw > 10% drawdown 38% saw > 20% drawdown 11% saw > 30% drawdown 4% saw > 40% drawdown 1% saw > 50% drawdown

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Strider Elass

@StriderElass

3 years

At the airport right now... 6ft distance floor stickers being removed. More progress! Love to see it.

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Strider Elass

@StriderElass

9 months

As of 10/26 the S&P 500 index total return YTD is 9.17% Here are the contributions to that return: MSFT: 2.07 NVDA: 1.95 AAPL: 1.78 GOOG: 1.16 META: 1.14 AMZN: 0.97 TSLA: 0.67 The other 493 companies: -0.57 These 7 companies now account for the entire YTD gain.

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Strider Elass

@StriderElass

4 years

Currently, there are only 2 states (GA, MS) that have more than 20% of their inpatient hospital beds occupied by COVID-19 patients. There are currently 25 states that have less than 5% of their inpatient hospital beds occupied by COVID-19.

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Strider Elass

@StriderElass

3 years

Why is no one talking about this? As of 5/24/21, The 7-day moving average for COVID-19 deaths was 457, the lowest since 3/30/20. Deaths on a 7-day moving average over the entire pandemic have only been lower 29 other days, all in March of '20 when the virus first took off.

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Strider Elass

@StriderElass

2 years

Her Majesty, the Queen was incredibly kind to me and my sister when I was just a kid. She allowed us to come around the barrier and give her flowers. It’s a memory I’ll never forget and something she definitely didn’t have to do. She served her country with dignity and grace!

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Strider Elass

@StriderElass

9 months

As of 11/3 the S&P 500 index total return YTD is 15.01% Here are the contributions to that return: MSFT: 2.69 NVDA: 2.35 AAPL: 2.26 GOOG: 1.55 AMZN: 1.52 META: 1.35 TSLA: 0.80 The other 493 companies: 2.49

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Strider Elass

@StriderElass

3 years

this is incredible...

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Strider Elass

@StriderElass

3 years

Just because the Fed is going to start hiking does not mean that equities are doomed... Take a look over the past few decades.

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Strider Elass

@StriderElass

2 years

Earnings update: 40/500 companies in the S&P 500 have reported for Q2 (11.2% of market cap). 65.0% have surprised to the upside. Earnings are +4.2% from a year ago. Overall, consensus was estimating 4.1% YOY at start. Revenues so far are +10.0% YOY.

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Strider Elass

@StriderElass

5 years

UPDATE: 327 of the 500 companies in the S&P 500 have reported for Q2. Earnings are up 3.4% from a year ago. Overall, consensus was estimating -2.9% YOY. Just like Q1, earnings will end up positive. And again, the much feared earnings recession is not real. $spx #earnings

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Strider Elass

@StriderElass

3 years

Biden proposing a capital gains tax of 39.6% is old news. He ran on this and it's not likely to happen. The REAL news today is that 116 companies for the S&P 500 have reported earnings for Q1 and 75% have beat expectations with earnings up 50.45% YOY.

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Strider Elass

@StriderElass

3 years

Today, the average Millennial household, at age 32, has a net worth of $196,000. Back when Gen Xers were age 32, they had an inflation-adjusted $158,000. Our MMO today: Respect Millennials!

Respect Millennials

View this post...

www.ftportfolios.com

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Strider Elass

@StriderElass

3 years

Nailed the 36,000 call! Forecasted it 5 years ago to happen in 4-5 years. And here we are. What a run…

Brian Wesbury

@wesbury

3 years

All I can say is that this Wesbury 101 aged well. From December 6, 2016…Get Ready for Dow 36,000!!!!

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Strider Elass

@StriderElass

10 months

Supposing the Democrats successfully increased the top marginal tax rate from the current 37% to an extraordinary 100%, this policy change would impact 922,362 taxpayers based on the most recent data available, extending through the 2020 tax year. Such a change would generate

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Strider Elass

@StriderElass

2 years

11 pm in St Andrews Scotland

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Strider Elass

@StriderElass

5 years

The state of Texas produces more oil on a daily basis today than the entire United States produced on a daily basis in 2008! Texas would be the 4th biggest oil producing country today if it were its own country. Capitalism at work. #texas #oil

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Strider Elass

@StriderElass

2 years

437/500 companies in the S&P 500 have reported so far in Q3 (89.6% of market cap). 70.3% have surprised to the upside. Earnings so far are +4.4% from a year ago. Overall, consensus was estimating 2.6% YOY at start. Revenues so far are +10.8% YOY.

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Strider Elass

@StriderElass

4 years

This would be almost comical if not so devious. Newsom ordered the lockdown on CA December 3rd due to 2,147 Covid-19 patients in the ICU. Crushed business again. Now there are 4,542 in the ICU but it’s OK to open back up. What has changed besides Dems now in control? I’m serious?

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Strider Elass

@StriderElass

9 months

The top 1% is comprised of roughly 1.6 million income tax returns, and make 22% of total adjusted gross income, but they shoulder a significant 42.3% of the overall federal income tax burden. Conversely, the bottom half, consisting of nearly 79 million income tax returns, makes

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Strider Elass

@StriderElass

6 years

WOW! Initial claims for unemployment insurance fell to 199,000 last week. Lowest in 49 years! No sign of recession.

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Strider Elass

@StriderElass

2 years

Out of the 143 people on my flight today, 15 were wearing masks. No flight attendants and no pilots wearing them.

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Strider Elass

@StriderElass

5 years

Microsoft, Apple, Google, and Amazon are all over $1 trillion. What do their initials spell?!? #MAGA looks like @realDonaldTrump knew this would happen!! 😂

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Strider Elass

@StriderElass

4 years

It's important not to let your political views impact your long term financial decisions. Every election I hear "If my candidate does not win, I'm out of the market!" If you only invested during periods when your party was in office, you would have missed out on major returns.

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Strider Elass

@StriderElass

5 years

474 of the 500 companies in the S&P 500 have reported for Q1. Earnings are up 0.7% from a year ago. Overall consensus is was estimating -4.1% YOY at the beginning of the quarter. Much better than thought. $spx #earnings

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Strider Elass

@StriderElass

4 years

100 years ago everyone owned a horse and only the rich had cars. Today everyone has cars and only the rich own horses.

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Strider Elass

@StriderElass

2 years

If “Putin” is code word for Money Supply, then yes the growth in Putin is what's driving prices higher.

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Strider Elass

@StriderElass

2 years

357/500 companies in the S&P 500 have reported for Q2 (79.8% of market cap). 75.1% have surprised to the upside. Earnings so far are +7.3% from a year ago. Overall, consensus was estimating 4.1% YOY at start. Revenues so far are +12.8% YOY. What recession?!?

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Strider Elass

@StriderElass

3 years

The excitement from #bitcoin believers about BTC becoming more widely able to transact with is so strange to me. If you could buy a car today for $47,000 or 1 BTC why would you ever choose BTC if you thought BTC was going higher? You’d want to only transact in dollars.

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Strider Elass

@StriderElass

6 years

Great work @wesbury and @BobStein_FT . Proud to be on your team! Top forecaster sees plenty of upside for market and economy

Top forecaster sees Dow at 28500 and GDP at 3%

The U.S. economy will keep going strong over the next two years, and so will the stock market, says the winner of the Forecaster of the Month contest.

www.marketwatch.com

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Strider Elass

@StriderElass

2 years

What we’re supposed to be investing for is not the near-term prices of stocks, but the long-term values of companies. This is the first step in escaping the maelstrom of hysterical noise that threatens to engulf us in sheer terror at times like this. - Nick Murray

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Strider Elass

@StriderElass

4 years

California doctors say they've seen more deaths from suicide than coronavirus since lockdowns

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Strider Elass

@StriderElass

4 years

One chart that summarizes 2020 perfectly. The week of March 15th-21st was maximum interest in Coronavirus in the USA via Google Trends. The S&P 500 bottomed that following Monday, March 23rd. As fear continues to abate, the market continues to rip higher.

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Strider Elass

@StriderElass

2 years

"You cannot subsidize irresponsibility and expect people to become more responsible." -Thomas Sowell

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Strider Elass

@StriderElass

2 years

It’s amazing how everyone thinks they know know to spend Elon’s money better than @elonmusk does himself! Government feels the exact same about yours!

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Strider Elass

@StriderElass

2 years

286 companies in the S&P 500 have now reported earnings for Q4. 75.5% have surprised to the upside. Earnings are up 26.6% from a year ago. Overall, consensus was estimating 19.8% YOY at start. So far, revenues are up 14.9% YOY. Great numbers.

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Strider Elass

@StriderElass

2 years

We probably hit peak inflation in March at 8.5% YOY. I don’t think that matters. The issue is we have persistent high inflation that could last for years to come. We are forecasting 6% this year and 5% for next...

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Strider Elass

@StriderElass

2 years

Citi came out and said oil will collapse to $65 per barrel! JPM thinks it could go to $380 per barrel! I’ll forecast it falls somewhere in between

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Strider Elass

@StriderElass

5 years

So far 218 of the 500 companies in the S&P 500 have reported for Q2. Earnings are up 4.8% from a year ago. Overall, consensus was estimating -2.9% YOY. We think just like Q1, earnings will end up positive. And again, the much feared earnings recession is not real. $spx #earnings

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Strider Elass

@StriderElass

2 years

COVID-19 cases bottomed Mar 19 at 26,752 on a 7-day moving average. they have continued to grow since then, now at 74,712 on a 7-day moving average. But NO ONE IS TALKING ABOUT THIS. I think that is a positive sign that although its still here, media has moved on. Great news.

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Strider Elass

@StriderElass

6 years

President @realDonaldTrump is not far off pace of his goal to add 10 million jobs in 4 years. 23 months in, the economy has added 4,567,000 jobs, only 225,000 behind the projection!

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Strider Elass

@StriderElass

3 years

👇👇👇👇

Koen

@KoenSwinkels

3 years

Read this. You won't regret it.

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Strider Elass

@StriderElass

4 years

It is really fascinating to me that the flu is basically non-existent this year... I wonder what was going on in 2015-16 too?

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Strider Elass

@StriderElass

4 years

O’Hare airport is absolutely packed! People are traveling...

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Strider Elass

@StriderElass

4 years

1 of 3 In 2019 Americans consumed an average of 389,680,000 gallons of gas every day. so, a one cent decline in the price of gas saves consumers $3.9 million per day, and $1.424 billion per year.

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Strider Elass

@StriderElass

5 years

Smart move Japan... @wesbury

CNBC International

@CNBCi

5 years

Japan ends longstanding trade restrictions on American beef, setting stage for exports to grow

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Strider Elass

@StriderElass

6 years

On this day in 1998, The Dow Jones Industrial Average lost 513 points, what was then its second-worst point drop ever. The front page of the New York Post screamed, "KISS YOUR ASSETS GOODBYE!" By year end, the Dow was 22% higher. @WSJ

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Strider Elass

@StriderElass

4 years

My grandpa is the most incredible person I’ve ever known. He has been battling COVID-19 and pneumonia in the hospital. Looking at some of his stuff and found 100s of notes just like this one. “Yes! I noticed... treat everybody like they are lonely...” this is how he’s lived

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Strider Elass

@StriderElass

4 years

This could be huge news!

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Strider Elass

@StriderElass

6 years

So far 315 of the 500 companies in the S&P 500 have reported now for Q2, earnings are up 23.2% from a year ago. Overall consensus is estimating +21.7% YOY in Q2! consensus keeps moving higher as more companies report! $spx #EarningsSeason

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Strider Elass

@StriderElass

4 years

This stimulus package passed by the house makes me sick to my stomach. The damage it will cause to the economy will be felt for years. Extending federal unemployment payments of $600 a week till January 31st will cause unemployment to stay VERY high. Huge incentive to not work.

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