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Dow Hits 16,000 for First Time, S&P 500 Hits 1,800 (Both all time highs)
ABC News ^ | 11/18/2013

Posted on 11/18/2013 8:14:17 AM PST by SeekAndFind

Stock market indexes are hitting new milestones on Wall Street.

The Dow Jones industrial average crossed 16,000 points for the first time early Monday and the Standard & Poor's 500 index crossed 1,800 points.

Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits and the Federal Reserve keeps up its easy-money policies.

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: bhodjia; bhoeconomy; djia; dow; dow10000; sp500
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1 posted on 11/18/2013 8:14:17 AM PST by SeekAndFind
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To: SeekAndFind

Praise stimulus!


2 posted on 11/18/2013 8:15:14 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: SeekAndFind

QE makes this a house built on sand, not on rock.


3 posted on 11/18/2013 8:15:19 AM PST by shankbear (The tree of Liberty appears to be perishing because there are few patriots willing to refresh it.)
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To: SeekAndFind

Buy high! Sell low!


4 posted on 11/18/2013 8:15:20 AM PST by NautiNurse (Obama sends U.S. Marines to pick up his dog & basketballs. Benghazi? Nope.)
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To: SeekAndFind

The floundering of Obozocare seems to have a positive impact on our markets.


5 posted on 11/18/2013 8:15:26 AM PST by Grampa Dave (You can keep your doctor, health plan, and this is only a cold sore.)
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To: SeekAndFind

P-P-T.


6 posted on 11/18/2013 8:16:34 AM PST by dfwgator (Fire Muschamp.)
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To: SeekAndFind

Wait till this SOB collapses. This is a repeat of the 1930s...worse.


7 posted on 11/18/2013 8:16:35 AM PST by crz
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To: SeekAndFind

So now Wall Street is a good thing.


8 posted on 11/18/2013 8:17:02 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: SeekAndFind
"Stocks have been rising sharply this year as the U.S. economy improves, companies report bigger profits"

Are company profits really up all that much? I sure don't see that the US economy has improved all that much by any objective measure. Is this the result of large volume trading or primarily institutional trading? Isn't this just a result of the fed pumping 80 billion dollars into the market every month?

9 posted on 11/18/2013 8:17:41 AM PST by circlecity
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To: SeekAndFind

And Øbama will take credit for this as usual,, but not the crash of course.


10 posted on 11/18/2013 8:18:36 AM PST by ▀udda▀udd (>> F U B O << "What the hell kind of country is this if I can only hate a man if he's white?")
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To: circlecity

Remember that a lot of these corp profits are being earned outside the US.


11 posted on 11/18/2013 8:19:28 AM PST by nascarnation (Wish everyone you see a "Gay Kwanzaa")
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To: All


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12 posted on 11/18/2013 8:20:39 AM PST by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Texas Eagle

Woo hoo! With the choices I made, I’ll most likely lose more money today. LOL! Another opportunity for the missus to say “Way to go dumbass!”


13 posted on 11/18/2013 8:21:01 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: circlecity
Corporate profits:


14 posted on 11/18/2013 8:21:09 AM PST by Wyatt's Torch
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To: rktman
Another opportunity for the missus to say “Way to go dumbass!”

At least your missus has the decency to say that in her out-loud voice.

15 posted on 11/18/2013 8:23:56 AM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: SeekAndFind

I will continue to rely on my financial adviser, who is well trained in such things, and has an arsenal of resources to use within her company to help with my decisions instead of a bunch of people in FR who have never taken an economics course.


16 posted on 11/18/2013 8:24:17 AM PST by TheRhinelander
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To: SeekAndFind
I can see tonight's MSM news screaming intro:

Recovery for Wall $treet but not Main Street ......right......

17 posted on 11/18/2013 8:24:19 AM PST by nascarnation (Wish everyone you see a "Gay Kwanzaa")
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To: Wyatt's Torch

The chins love U.S. again!

Whats detroit worth?....500 pts?


18 posted on 11/18/2013 8:28:01 AM PST by Therapsid (t)
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To: circlecity

As the bubble grows so does the risk.. Guessing when the music will stop is a huge gamble.. The Fed is the last place to look to for any solution, all they are doing is prolonging, and postponing, the pain that is coming..


19 posted on 11/18/2013 8:29:46 AM PST by carlo3b (RUFFLE FEATHERS, and destroy their FEATHER NEST!)
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To: carlo3b

I feel this will be the mother of all bubbles when it finally bursts.


20 posted on 11/18/2013 8:30:43 AM PST by circlecity
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