Posted on 12/26/2018 12:19:40 PM PST by Candor7
Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain the steep losses suffered in the previous session.
The Dow Jones Industrial Average traded 657 points higher as of 3:05 p.m. ET, while the S&P 500 gained 3.05 percent. The Nasdaq Composite outperformed, rising 3.96 percent. Both the S&P 500 and Nasdaq were on track for their biggest one-day gains since Aug. 26, 2015 and erased Monday's losses. The Dow also recovered all of its losses from Monday.
(Excerpt) Read more at cnbc.com ...
Well, I have never been an advocate of converting to gold (not yet, at least) but I AM an advocate of having an investment in gold, whatever you can manage, but...something.
One can never be too sure.
LOL, one of my favorite movies!
Pimg to Trump inspired Stock Trading day on Wall street. The Dow made its largest historical gain in a single day: + 1085!
I would never have guessed in a million years!
Grossly overinflated stock prices are not an indicative of true economic health.
Stock prices soared under Obola due to zero and near zero Fed interest rates and ignoring the skyrocketing national debt of $22 Trillion.
Helium balloon-equity prices have hit the stratosphere and assuredly will painfully pop-correct.
What goes up
Must come down
Yes, but you must admit , going UP is a lot of fun!
Trump must be grinning from ear to ear.....why?? Because they trust him....they see people spending lotsa money....wages going up....unemployment is down...
The market is looking at the WHOLE picture.
Powell?? Bet he backs off on the raise.
Admin Mod made the change in thread title. Historic thread! Thanks!
MAGA! And Merry Christmas to everyone!
You GO FRiend.
Thats was a BIG League Day.
This morning when questioned by Reporters ,on FOX News, I saw him say that today would be ab excellent day to buy stock, it being down .....he may have helped the rally, LOL.
Another movie you probably couldn’t make today.
Or if you did it would flop because Akroyd/Murphy would be replaced by a self hating brown tranny and a black SJW. Or name a preferred grievance group to suit.
It would flop worse than a dead cat with no bounce....or the latest Johnny Depp movie.
That him. I clearly recall coming home from work that day and tuning in Moneyline. He was really shook up during the broadcast.
Do you remember this show? Our old buddy Stuart Varney was the anchor.
https://www.youtube.com/watch?v=-ylcBQXoMJw
Would never have guess that if you didn't post it.
You're as sharp as they come.
Yeah, with all that botox, Hillary had NO idea that fly was crawling across her face.
Well you should adjust the allocation between stocks and bonds as you get older with more in cash / bonds when you are retired. When young -- full in -- and then over time less in stocks. Basic investing 101. Start early and leave it alone except for occasional allocation tweaking.
Even after retired you want to have something in stocks to hedge inflation. I've been retired 3 years now and still have 30-40% in the market. However the "market" to me now is mainly blue-chip stocks that pay healthy dividends and have been paying out dividends for decades. Live off the dividends & SS and draw out cash.
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It doesn't.
“...Liberals disappointed.”
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