Posted on 03/04/2013 1:45:57 PM PST by blam
STOCKS HIT NEW BULL MARKET HIGHS AS APPLE PLUNGE CONTINUES: Here's What You Need To Know
Sam Ro
March 4, 2013
Stocks continue to march toward their all-time highs. And they're doing it without the help of Apple.
First the scoreboard:
Dow: 14,127, +38.1 pts, +0.2 percent
S&P 500: 1,525, +7.0 pts, +0.4 percent
NASDAQ: 3,182, +12.2 pts, +0.3 percent
And now the top stories:
* It was a quiet day in the markets and the economy. This is the first full week with the federal budget cuts known as sequestration ripple across the economy. Yet, the markets continued to grind higher.
* This rally comes amid some jitters in China where China's Shanghai composite tumbled and property stocks got crushed. The big news was that China announced new measures to contain a heated property market that many people worry has evolved into a bubble. Coincidentally, 60 Minutes ran a feature on Sunday night highlighting China's notorious ghost towns, which many consider to be hard evidence of a bubble.
* Meanwhile, shares of Apple, the most heavily weighted stock in the S&P 500, tanked. Notably, it fell below $425, which was the bearish price target of fund manager Jeff Gundlach. "AAPL over the last six months offers a textbook case study in market behavior and effectively debunks efficient market theories," said Gundlach in an email to Business Insider. "The weakness is all the more remarkable because it has occurred within the context of a strong overall US stock market. SPX up 5% since September 19, 2012 and AAPL down 40%."
* Once again, stocks are just points away from their all-time highs. The Dow closed at its all-time high of 14,164 on October 9, 2007, the same day the S&P closed at its all-time high of 1,565.
(Excerpt) Read more at businessinsider.com ...
No, I was born in the oldest major religion on earth, goes back almost 5000 years. If you do not know which religion that is, do not bother asking.
I have young kids barely in heir 20’s. They have tons of friends from high school and college. One of my daughters literally has over 500 friends she stays in touch with. I have never once heard her say there is a gay problem in her life or her enormous circle of friends life. She has been consistently on Deans list during all her college years and about to graduate in June.
On the other hand the huge taxes I pay every year has put on so many restrictions in our lives. When I add up federal tax, property tax, sales tax, auto purchase tax, auto license tax, taxes on all utilities, city tax, county tax, state tax, it literally takes half of my income away.
So sorry to disappoint you, but taxes are the big issue in our lives, not who is gay and what they are doing.
No doubt if she was raised in your household.
You continually change the subject from the immorality of homosexuality to the amount of taxes you pay, why is that?
No matter what religion you profess I doubt you subcribe to the tenets.
Were your children introduced to the joys of fisting at the ripe age of ten? Were they instructed in body licking and the joys of mutual masturbation? Were they advise that incest and bestiality are just optional ways of expressing love?
These things and more are brought to you by the Homosexual lobby that you think has done you no harm.
You claim great knowledge but are a fool.
Like I said, and I will repeat again, I do not like gays. I think it is a deviate lifestyle. But taxes have hurt my own lifestyle a zillion times more than any gays have.
I came here with 25 dollars in my pocket and now can finance both my kid’s college education without a penny in student loans. So not putting the gay issue at the top of my list has not hurt me in any way, shape or form. I also belong to a private golf country club.
Neither gays nor the IRS would have the slightest impact on our lives without massive government firepower backing their desires.
My Hindu philosophy:
If you have intercourse with someone's anus, you might be reincarnated as a pile of dung.
Regarding China real estate......... Think Houston in the 80’s. Think beyond late this after noon.
China has a population problem with increasing in migration to the cities overcoming infrastructure. The new cities will over time relieve the pressure as inward migration shifts. If you build it, they will come.
Time is a difficult factor in the equation but is important.
Regarding the rising markets, it is widely reported that stocks are cheap, or at least not expensive when measured by the P/E ratios. The historic average is 16. the current value is either slightly above or below that value depending on which earnings value is used in the calculation.
Although the economyis sour, business has adjusted and is operating at a profitable nongrowth oriented plateau. The Fed is a factor but the masses disregard the effort and cling to safety while their holdings are devalued
Moses was the very first philosopher who said that our rights do not come from an earthly monarch.
(The Jews chose to worship a golden calf instead.)
Socrates asked Euthyphro: 'How could we be pious to the gods, if the gods all want different things?'
(The Greeks made him drink hemlock.)
Thomas Hobbes said the Papacy and the Presbyters were nothing more than 'ghosts of the deceased Roman Empire, sitting crowned upon the grave thereof.'
(Hobbes fled for his life to France as Cromwell laid waste to the British Isles proving it, and lived to a ripe old age.)
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Buddha wasn't a Christian, but Jesus would have made a good Buddhist and he was a Jew...
Buddhism comes from India... Buddhists conquered all of Asia and didn't have to kill anyone doing it. This is why the Marxists and Maoists had to slaughter all of the Buddhist monks and destroy all of the temples when they invaded Mongolia.
Cultural Marxism always leads to economic Marxism.
Just as the Pope pretends to speak for all Christians ignoring many essential doctrines of the Bible, so does the Dali Lama pretend to speak for all Buddhists, ignoring Shaolin and Zen (which promotes a doctrine of self realization). Neither of them has a heart like the Great Kahn who came down off the steppes.
The Jews according to their own scriptures weren't supposed to be ruled by earthly kings, but they deposed their Yahweh and usurped divine rule in favor of man's appetites . (Some Christians also seem to be in favor of throwing Genesis in the trash, along with the the rest of their Bibles for gay weddings.)
THE GOLDEN CALF HAS GROWN UP INTO A HOLLOW BRONZE BULL!
Likewise, Muslims have usurped their kings in much the same fashion, preferring the doctrines of private appetite instead of their civil sovereigns that lend divine legitimacy their Islamic law (like them or not - and I do not).
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* From my more Hindu philosophy...
Having intercourse with someone's anus will get you reincarnated as a pile of dung.
Homosexuals desire their own extinction, and Muslims are more than willing to give it to them... they execute homosexuals in Islam...
I simply see no reason to interfere.
Sodom Hussein Obama is trying desperately to have more Jerry Sanduskys as scoutmasters, turning the Boy Scouts into a dating club for NAMBLA, while the supposed political opposition is busy making tepid sophistic arguments.
All men are born of a woman... life is so simple... everything dies...
Nature is pure war with every man against another.
Fear of death is the only way to keep the peace, so man is civilized by the threat of violence against him for transgressions upon his neighbor...
The only thing that makes man civilized is the ability for the weakest to kill the strongest, either by confederacy or by learned machination.
The Vedas say Kalki will return on a white horse to kill the wicked just like the Bible says Jesus will.
Only on FR.....
:-)
The Golden Calf grew into a hollow Bronze Bull...
Exactly...
Nature does not care or need human permission.
All men are born of a woman.
Government cannot change this.
The trouble is that fantasy has become a medium of infinitization.
The Golden Calf has grown into a hollow Bronze Bull.
Something going on here.
Chicken/egg I guess. I am guessing that 75 years ago there were very few closet homos in government.
I have witnessed first hand the mischief that takes place when the Homosexuals begin to control key positions in education, both the classroom and the board.
I suppose one should also look at the expert election teams that keep helping us take second place. Most of the biggies now advise us we must become more like the soulless demoncrats.
That virus you picked up on your last trip hasn’t hurt you either, but in a couple years you will begin to get very sick...........
I also belong to a private golf country club.
Must be the same club Obama goes to.
By the way, you have not addressed one single thing that I pointed out to you that affected you and society as a whole.
Complaining about taxes then bragging you belong to a private Country Club, bad form 12.
You are just a jealous ideologue.
Have a good life.
Indeed! Touche!!
Yes, you are correct. Both are vile. My only point is what affects my personal life more. Taxes or Gays. I am perhaps more of a realist the other poster is more of an ideologue.
You did not answer one question, Alinsky was a good teacher.
Very interesting post!!
I told the fanbois here to sell Apple but they would never listen. Now they are left praying it goes back up so they can back out of it gracefully. With minimum of egg on their faces. Google is now the hot tech stock with prices in the ozone
FEB 1ST 2013
When the history books are written on the dawn of the Internet age, Google (GOOG) way well be known as the little search engine that could. Google’s shares closed out Friday up 2.63% at $775.60, a record high for the company that also saw its total market cap balloon to more than $250 billion. Google still has a ways to go to catch rival Apple (AAPL), of course, which is still the most valuable tech company in the world with a market cap of around $425 billion. But if the company ever manages to, say, make a big hit out of self-driving cars then watch out.
http://bgr.com/2013/02/01/google-stock-value-hits-record-high-314256/
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