USUSALLY Sept. is a DISASTER!! Just proves that EVERYTHING is upside down!!
The Fed was not buying stocks in 1939.
Soros?
WE'RE ALL GONNA BE RICH!!!
As Joe Kernen on CNBC has said, this is a Tea Party Rally!
With all the billions thrown into the economy by dems (borrowed on credit) you’d think someone would buy something from some company - and they are - for now - just in time for the election.
The evidence of government intervention is evident in the number of daily new highs versus new lows. The ratio was incredibly slanted during most of 2009 and (lesser so) in 2010. It seems to be aligned with “stimulus money” action out of congress ... in conjunction with what’s known as a “Crash Correction” program idea (info is no longer available via google)resulting from the 1987 market crash.
New high/low info is printed daily in the Wall Street Journal and ... online at http://online.wsj.com/mdc/public/page/2_3021-newhinyse-newhighs.html?mod=topnav_2_3002
This is not because individual investors are “more upbeat.” I doubt seriously that individual investors, or even human investors, are even making a dent in the direction of the market, that’s how little their participation is.
The Fed and Kenyanesian economic policies are distorting the market. Which always ends badly.
I won’t lie, I like seeing stock market gains as much as the next guy. But overall this situation makes me more uneasy than not.
I do not have confidence in this administration at all.
Dow set for best September since 1939 !
Invasion of Poland rally?
“That is the shortest runway I’ve ever landed on” said the pilot.
“I know” said the co pilot, “but it sure is wide”
I think the markets are responding to the anticipated eviction of the true enemies of the economy..... the democrats.
this is campaign school 101: find a trend no matter how far back and say you are on the postive side of it.
(and Obama thinks disco music will take over the world)
To be followed by the dems "October surprise"?
A little bit of cherry picking the numbers (Using August 26th, which was a low point) and counting the chickens before the eggs hatch (September isn’t over).
Actual numbers, not “pro-Obama journalist” propaganda numbers:
DOW August 31st close: 10014.72
DOW September 24th close:10860.26
Total increase for September: 7.78%.