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Old 01-16-2018, 12:52 PM
 
26,739 posts, read 9,092,990 times
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Quote:
Originally Posted by BigCityDreamer View Post
Well, that was quick.
Yes it was.

The Dow Jones Industrial Average breaks through 26,000 on Tuesday, and the S&P 500 crosses 2,800. Both indexes, along with the Nasdaq, set record intraday highs but closing lower it looks like.

Maybe we will see some side way action on the price charts.
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Old 01-16-2018, 12:53 PM
 
Location: Florida
63,085 posts, read 34,367,413 times
Reputation: 10482
What caused the DOW to melt 300 points today?
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Old 01-17-2018, 01:27 PM
 
Location: Pixley
3,521 posts, read 2,244,410 times
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Quote:
Originally Posted by phma View Post
That is an average of 1500 points per year.

In Trump's first year he is set to hit over 4 times that average. Its not by accident.

Obama squandered the recovery.

He could have done much better if he had been positive for growth.
When we hit Dow 42000 get back to us.

And of course some companies can throw a few bones back to some workers when they don't have to worry about following those burdensome safety regulations and legal requirements. It's now cheaper for them to throw out a one time bonus now that they don't have worry about paying injured workers or the taxes on the money they had parked overseas with this new round of corporate welfare.
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Old 01-17-2018, 03:10 PM
 
26,739 posts, read 9,092,990 times
Reputation: 9326
Quote:
Originally Posted by Redd Jedd View Post
When we hit Dow 42000 get back to us.

And of course some companies can throw a few bones back to some workers when they don't have to worry about following those burdensome safety regulations and legal requirements. It's now cheaper for them to throw out a one time bonus now that they don't have worry about paying injured workers or the taxes on the money they had parked overseas with this new round of corporate welfare.
When it hits 42,000 the goal post, will no doubt, be move again and be touted insignificant and the work of Obama too.

To fault any plan or bill that increases the earnings of workers is treasonous in the collective minds of Dems.
Their highest standard is achieved when they are taking the earnings from the workers and giving it to those who didn't earn it. Not satisfied to share their personal earnings, they seek by force of law, backed by the gun, to strip funds from citizens. The citizen is such an easy mark for the pickpocket Dems.

Surely the money will come back to the citizen in some way with a road or a bridge or a healthcare benefit, but no. That was the old way of thinking. The Dems have realized there are 7 billion people from all parts of the world who's needs are greater than the US citizen. The non citizen illegal in the US is a higher priority. The new way of thinking about what is possible. I give you the newly elected Democrat Governor of NJ and his plan for Agency for 'Defensive Protection' of Illegal Immigrants. Don't worry after the 7 Billion are taken care of, you dear citizen, MIGHT, be next.

And in Market News :

Dow closed above 26,000 TODAY
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Old 01-18-2018, 02:05 PM
 
26,739 posts, read 9,092,990 times
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Outside influence of possible government shut down effected the stock market according to report.

Outside influences often effect the markets to some degree. A real shut down might and probably would have a bigger impact.


http://www.marketwatch.com/story/dow...dist=bigcharts
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Old 01-18-2018, 03:23 PM
 
Location: Divided Tribes of America
13,720 posts, read 5,529,326 times
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Quote:
Originally Posted by Redd Jedd View Post
When we hit Dow 42000 get back to us.

And of course some companies can throw a few bones back to some workers when they don't have to worry about following those burdensome safety regulations and legal requirements. It's now cheaper for them to throw out a one time bonus now that they don't have worry about paying injured workers or the taxes on the money they had parked overseas with this new round of corporate welfare.
Yep.

Lenny: “Mr. Burns poromised to give us free beer in exchange for giving up our dental plan.”

Inside Homer’s brain:

Lenny: “Dental Plan!”

Marge: “Lisa needs braces.”

Lenny: “Dental Plan!”

Marge: “Lisa needs braces.”

— The Simpsons, circa 1997
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Old 01-18-2018, 03:32 PM
 
26,739 posts, read 9,092,990 times
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Quote:
Originally Posted by Freak80 View Post
Yep.

Lenny: “Mr. Burns poromised to give us free beer in exchange for giving up our dental plan.”

Inside Homer’s brain:

Lenny: “Dental Plan!”

Marge: “Lisa needs braces.”

Lenny: “Dental Plan!”

Marge: “Lisa needs braces.”

— The Simpsons, circa 1997
Homer and Paul Klugman are both economist.

Homer has the better record on economic predictions.
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Old 01-18-2018, 03:59 PM
 
Location: Stillwater, Oklahoma
15,002 posts, read 13,350,680 times
Reputation: 4591
Quote:
Originally Posted by phma View Post
President Trump is absolutely the greatest on the economy. Dow breaks 25,000

They say it still has room to run !!!!

Go ahead 401K make my day !!!
Did you keep silent while numerous stock market records were broken during the later years of the Obama presidency, because you hated him so much?
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Old 01-18-2018, 07:13 PM
 
26,739 posts, read 9,092,990 times
Reputation: 9326
Quote:
Originally Posted by StillwaterTownie View Post
Did you keep silent while numerous stock market records were broken during the later years of the Obama presidency, because you hated him so much?
Can you be specific and maybe links if you have them ?

Lets put it on the table and look at it.
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Old 01-19-2018, 03:26 AM
 
Location: Los Angeles (Native)
25,274 posts, read 15,387,368 times
Reputation: 12121
The Dow's 31% gain during Trump's first year is the best since FDR

https://www.cnbc.com/2018/01/18/the-...since-fdr.html
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