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BOOM!! DOW Closes over 26,000. Eight days after hitting 25,000

By MrMagic following x   2018 Jan 17, 2:53pm 2,333 views   19 comments   watch   nsfw   quote     share    


Dow spikes 322 points, closes above 26,000 for the first time.

Stocks traded higher on Wednesday following the release of stronger-than-expected quarterly results from some of the biggest U.S. companies.

The Dow Jones industrial average rose 322.79 points, closing above 26,000 for the first time. The index first broke above the milestone mark on Tuesday.

The S&P 500 gained 0.9 percent to finish at 2,802.56, with staples and tech rising more than 1 percent. The index also posted a record close.Tech stocks got a boost from Apple, which erased losses after announcing plans to repatriate billions in overseas cash. The stock closed 1.7 percent higher.

The Nasdaq composite rose 1 percent to finish at 7,298.28, a record.


https://www.cnbc.com/2018/01/17/us-stocks-dow-earnings-bank-of-america.html
1   HonkpilledMaster   ignore (5)   2018 Jan 17, 3:13pm   ↑ like (3)   ↓ dislike (1)   quote   flag        

B-B--b-but, the BMI Index of a Senior Citizen!!! Six Foot TWO! Not Three!
2   anonymous   ignore (null)   2018 Jan 17, 5:31pm   ↑ like (1)   ↓ dislike (1)   quote   flag        

Venezuela.
3   BlueSardine   ignore (3)   2018 Jan 17, 6:06pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

That's 1000 more points available to tax. Libbies rejoice!
4   anonymous   ignore (null)   2018 Jan 17, 7:24pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

BlueSardine says
That's 1000 more points available to tax. Libbies rejoice!


for those evil 1% rich people. Trump is so unfair, letting the stock market climb like that.
5   HeadSet   ignore (1)   2018 Jan 17, 7:57pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

anon_ee4d1 says
Venezuela.


Really? Are we experiencing run away inflation everywhere along with severe shortages, or just stock prices headed up?

Really bad analogy.
6   Strategist   ignore (2)   2018 Jan 17, 8:01pm   ↑ like (2)   ↓ dislike (1)   quote   flag        

Damn Trump, making everyone rich. Makes me sick.
7   anonymous   ignore (null)   2018 Jan 17, 9:47pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Get in now! It's the bottom of 27,000,28,000,29,000,30,000
8   WatermelonUniversity   ignore (6)   2018 Jan 17, 10:08pm   ↑ like (2)   ↓ dislike (2)   quote   flag        

taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.
9   CBOEtrader   ignore (5)   2018 Jan 18, 7:00am   ↑ like (3)   ↓ dislike (0)   quote   flag        

Totally. Also true: lowering the black and hispanic unemployment to historical low levels does nothing to help people of color.
10   anonymous   ignore (null)   2018 Jan 18, 7:40am   ↑ like (0)   ↓ dislike (0)   quote   flag        

BorderPatrol says
taking money out of housing and other assets and putting it in stocks does nothing to improve the economy.


Who said that was happening?
11   zzyzzx   ignore (1)   2018 Jan 18, 7:49am   ↑ like (1)   ↓ dislike (0)   quote   flag        

It's all Trumps fault!!!
12   zzyzzx   ignore (1)   2019 Jul 11, 12:50pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Over 27,000 now.
13   Iranian_Oil_Burse   ignore (5)   2019 Jul 11, 2:24pm   ↑ like (2)   ↓ dislike (0)   quote   flag        

Thanks, Obama!
14   Ceffer   ignore (2)   2019 Jul 11, 4:36pm   ↑ like (5)   ↓ dislike (0)   quote   flag        

IHLlary: "Trump's election will lead to economic collapse!"
16   Patrick   ignore (1)   2019 Jul 11, 6:26pm   ↑ like (5)   ↓ dislike (0)   quote   flag        

We should keep on quoting the NY Times' 2016 predictions of DOOM if Trump wins the presidency.

So incredibly wrong.

So incredibly partisan.

Such bad "journalism".
17   clambo   ignore (4)   2019 Jul 11, 6:48pm   ↑ like (3)   ↓ dislike (0)   quote   flag        

I have a friend who has a short attention span and thinks like a nutty trader; since 2009 I have been arguing with him to buy stocks and he buys silver and gold coins and keeps them in a safe.

Last year he finally threw in the towel and bought some stocks; however he buys speculative stuff and told me today he lost a few thousand bucks last year in the stock market.

"How in the world did you lose money in this market? You must be very impatient, or love penny stocks."

He said he actually distrusts the stock market; "So, buy good dividend paying stocks; even if there's an apocalypse the zombies won't cancel their TV or cell phone service."

Sometimes I feel pretty flush but I have a dilemma; to actually spend my money I will have to pay capital gains taxes, this pisses me off so I resist spending my own money.
I know it's nuts but I can't help it.

The debates made me confident that Trump will win again; those lame loser Democrats make Marco Rubio look statesmanlike. That's pathetic.
18   HEYYOU   ignore (31)   2019 Jul 12, 7:29am   ↑ like (0)   ↓ dislike (0)   quote   flag        

When will this trickle down to the Republicans that work week to week just to survive?
The damage done to American farmers,due to tariff,has been erased?
19   Iranian_Oil_Burse   ignore (5)   2019 Jul 12, 2:23pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

clambo says
I have a dilemma; to actually spend my money I will have to pay capital gains taxes, this pisses me off so I resist spending my own money.
I know it's nuts but I can't help it.


LOL, sounds familiar.

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