Posted on 10/18/2017 2:50:43 PM PDT by Olog-hai
The Dow Jones Industrial Average closed above 23,000 for the first time on Wednesday, driven by a jump in IBM after it hinted at a return to revenue growth.
The Dow hit 22,000 on Aug. 2, only 54 trading days earlier and roughly half the time it took the index to move from 21,000 to 22,000. This marks the fourth time this year the Dow has reached a 1,000-point milestone. […]
Shares of IBM (IBM.N), which beat expectations on revenue, jumped 8.9 percent and accounted for about 90 points of the day’s 160 point-gain in the blue-chip index.
Solid earnings, stronger economic growth and hopes that President Donald Trump may be able to make progress on tax cuts have helped the market rally this year. …
(Excerpt) Read more at reuters.com ...
Trump’s fault.
Trump win!
Democrats will want to sabotage the economy to thwart a Trump landslide 2020. I hope I live to see that landslide.
Buffet = 54 mill shares of IBM
We are doomed
Great news, but all the more reason I’m not getting back into stocks just yet.
BOOM!!!
You got out?
The left rushes to print to deny that President Trump’s policies have anything to do with the surge in stocks. He could cure lung cancer and the left would claim he hates women for not curing breast cancer. They are that rabid in their hatred of the President.
https://www.google.ca/amp/s/www.theatlantic.com/amp/article/543162/
I've been hearing that since about 1987!
Glad I got in early and never got out. 1982 was the year I first got into stocks. It's been quite a ride.
Now if only I could go back in time with just $10,000 and knowing what I know now.
Democrats Outraged!!!
HAHAHAHA!
IBM’s new processor has some real interesting features for Banking and any vulnerable networks.
Look at the pretty bubble!
Yep. It’s displaying “irrational exuberance,” as one financial guru put it.
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