Posted on 12/27/2018 12:44:05 PM PST by abb
The Dow Jones Industrial Average traded higher on Thursday, erasing steep losses a day after posting a historic surge.
The 30-stock index traded 31 points higher after plunging 611 points earlier in the day. The S&P 500 held just above the flatline after sliding more than 2 percent. The Nasdaq Composite traded 0.2 percent lower after dropping more than 3 percent.
Earlier in the day, stocks fell amid renewed tensions between China and the United States.
(Excerpt) Read more at cnbc.com ...
I think the term is "top". Not unusual or "unexpected" given the cyclical nature of the market and the fed's quantitive paining. They could only get away with it in a relatively strong economy, which President Trump's hand at the wheel ensures.
The previous eight years were one long participation trophy awarded by the fed to make homobama feel good about his affirmative action presidency.
The swamp wants to weaponize the economy against POTUS and destroy MAGA.
PPT at work...
They’re like a Disney exhibition just for the tourists!
[ The previous eight years were one long participation trophy awarded by the fed to make homobama feel good about his affirmative action presidency. ]
That pretty much sums it up.
CNN, Morning Joe, Shep Smith deeply saddened.
That and plain stupidity.
When the stock market is little more than a Vegas crap shoot there is something terribly wrong.
They don’t mean well over there at the Communist News Network.
She needed more buttons. Then Hillary would have won.
agree ....
If you aren't greedy, you can pretty much assure yourself of making $20 to $50 per up and down cycle just trading against the Dow in small lots.
Yeah, you will need to have a broker with very small commissions to make this work.
Strong young wiry guys make the best bull riders; not muscular linebacker types.
China is pressuring a good number of its government-linked companies to sell foreign assets in order to shore up their balance sheets (and perhaps the prices of Chinese assets, both in the stock and property markets). Like Japanese investors back in the early 90’s, these companies may end up repenting at leisure, as foreign assets keep appreciating, while Chinese assets go through a multi-decade crash. Mitsubishi and Panasonic were guilty of malinvestment in their divestment of US assets (Rockefeller Center and Universal Studios (then MCA), respectively. Sony wisely hung on to Columbia Pictures Entertainment and Columbia Records, which have gone from strength to strength, and smoothed out the wild earnings swings of its consumer electronics divisions.
The FANG stocks are being very heavily scrutinized by more than just the US government right now. Insiders are selling big time.
[Democrat rich scum & vermin tried to bust Trump...now they have cold feet.]
War by other means... Remember, many said they would crash the economy if it got rid of Trump
So the market is up at least 1100 points in two days
the market is up at least 1100 points in two days
—
The market never fails to amaze and confound..
S&P 500
2,488.83
+21.13(+0.86%)
Dow 30
23,138.82
+260.37(+1.14%)
Nasdaq
6,579.49
+25.14(+0.38%)
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