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Stock futures down a pretty good bit this morning. Haven't seen any significant news as to why (other than the usual lies). S&P -72 NASDAQ -151 DOW -507 Everything is corrupt. One of these days, we're going to see things implode because of it.

S&P 500 3,694.62 +47.13(+1.29%) Dow 30 30,199.31 +337.76(+1.13%) Nasdaq 12,595.06 +155.02(+1.25%)

The Dow Jones Industrial Average briefly hit an intraday record high on Monday before diving into negative territory as investors grew increasingly concerned that tightening restrictions in New York City and elsewhere could weigh down the economy. The Dow hit an intraday record high of 30,325 after the first hour of trading but slumped through the rest of the day as positive news on the vaccine rollout was offset by news that further restrictions will crimp business in the weeks before Christmas. New York City Mayor Bill di Blasio said that the city could need to go into ‘full shutdown’...

It’s as if the ABC, CBS and NBC evening news shows have a vendetta against informing viewers about any historic news coming out of the stock market during President Donald Trump’s presidency. The major S&P 500 stock index soared to close above 3,700 Tuesday for the first time in its history (3,702.25), according to CNBC. But that’s not all. Other stocks rose to “all-time highs” as well, including the Dow Jones (30,173.88) and the NASDAQ (12,582.77). The surge in the stock market was riding on the news that Pfizer — involved with President Donald Trump’s Operation Warp Speed — began...

The biggest debate about 2021 probably isn’t where the market is going. It’s how it gets there.We, and many others, are optimistic on the next 12 months. But there’s less agreement among investors on how these gains will be achieved. With our economists still in the 'V-shaped recovery' camp, we think returns will be powered by strong economic growth, driving an early-cycle, post-recession pattern of returns. Buy what you’re usually supposed to buy following a recession.Others disagree. They think our forecasts for economic growth are too optimistic and expect COVID-19 to take longer to dissipate, with a more serious, longer-lasting...

Not long after a top US intelligence official unveiled the existence of a Chinese intelligence operation, the House passed a bill that, should it become law, would force Chinese companies listed in the US to either adhere to strict American accounting standards, or delist and go elsewhere.We've reported on the push to pass the bill several times. Trump made the issue a high priority this fall as election day neared. The bill targets a loophole that allows Chinese companies to essentially write their own rules when it comes to auditing, something that has led to literally dozens of corporate frauds...

The woke “capitalists” at the Nasdaq stock exchange are pushing to force its listed companies to adopt leftist identity politics. And the liberal media is salivating all over it. Nasdaq recently filed a proposal with the U.S. Securities and Exchange Commission (SEC) pushing for mandatory racial and sexual diversity rules for its listed companies’ boards of directors. The new rules, if adopted, “would require all companies listed on Nasdaq’s U.S. exchange to publicly disclose consistent, transparent diversity statistics regarding their board of directors,” according to Nasdaq. Additionally, the rules would require the companies to “have, or explain why they do...

Despite tanking 35% within weeks at the height of pandemic uncertainty in February and March, the Dow Jones Industrial Average–a key U.S. stock market index measuring the performance of 30 large-cap companies–has hit a historic milestone, reaching 30,000 points on Tuesday for the first time ever. The Dow reached the threshold just minutes before 11:30 a.m. EST on Tuesday amid market bullishness fueled by blowout earnings, coronavirus vaccine optimism and fading uncertainty in Washington as President-elect Joe Biden formally begins his transition to the White House. Leading the Dow's gains this year are many firms representative of the pandemic market–including...

Fed Chairman Jerome Powell said he worries about the long-term impacts from the coronavirus pandemic. Specifically, he cited women out of work involuntarily, children whose education is suffering and small business owners who have lost “generations of intellectual capital.”Speaking at a European Central Bank forum Thursday, he said “we’re not going back to the same economy.” Federal Reserve Chairman Jerome Powell said Thursday he worries about women, children and business owners who face long-term consequences from the coronavirus pandemic. Asked to name his chief concerns as the world tries to recover from the Covid-19 crisis, Powell said it’s “the risk...

Moderna, a major beneficiary of President Donald Trump’s Operation Warp Speed, announced yesterday its vaccine had achieved nearly 95 percent effectiveness against COVID-19. Afterwards, stocks skyrocketed to break records. But if you were watching the ABC and NBC evening news shows last night, you heard nothing about the stock market. Following the Moderna vaccine news the Dow Jones Industrial Average gained a massive 470.63 points “to 29950.44, its first record close since February and within striking distance of the yet-to-be-reached 30000 milestone,” The Wall Street Journal reported. Its last record was February 12, when the Dow closed at 29,551.42. The...

The Dow soared to a record high Monday after Moderna (MRNA) became the latest major drug-maker to announce upbeat data for its COVID-19 vaccine candidate, building on hopes that an effective inoculation will soon be available. The Dow rose more than 450 points, or 1.5%, topping its previous record intraday high of 29,933.83 from Nov. 9. The S&P 500 also increased, while the Nasdaq hugged the flat line. Shares of airlines, cruise lines, hotels, and restaurant companies surged anew as the latest vaccine data suggested consumers might return more enthusiastically to these businesses. Moderna’s stock jumped more than 9% to...

Two days ago, JPMorgan - which just two weeks ago predicted that "an orderly Trump victory was the most favorable outcome for equities (upside to ~3,900)" - engaged in some pretty blatant revisionism and not only flip-flopped on its view of how Congressional gridlock would impact markets, which it now sees as the optimal outcome for stocks, but in a note saying that the "Vaccine Rotation, Subsiding Risks" are nothing short of "Market Nirvana", boosted its September market price targets, and now sees the S&P reaching 3,600 before year-end, 4,000 by early next year, and "a good potential for...

I have said for a while if Biden is elected the stock market crashes—possibly the biggest ion depression ever. I still think the bottom falls out of the economy.

Sean Hannity may not be worried about the 2020 election — if he is, he hasn’t said it on his Fox News Channel show — but his ultimate boss has indicated media investors might have some cause for concern. The executive who has final oversight of Fox News Channel suggested Tuesday that the surge in audiences enjoyed by news networks may fall noticeably after the 2020 election — a development that could have ramifications for some of the nation’s biggest media companies. “I would expect that as we enter a more normal news cycle, which will happen eventually, that appetite...

tocks traded sharply higher on Election Day, continuing their winning streak from the start of the week. After opening higher, the rally continued and stocks are looking at their best day in a month. In the early afternoon, the Dow (INDU) traded nearly 2%, or some 530 points, higher, while the S&P 500 (SPX) -- Wall Street's broadest measure -- climbed 1.8%. The Nasdaq Composite (COMP) was up 1.8%. Last week, all three indexes recorded their worst weeks since March on uncertainty about rising Covid-19 infections, the prospect of government stimulus and the election results. Betting markets continue to favor...

Didn't see a thread for how the Stock Market is reacting today. At 10:24am the market is up 670 points and as an Investment Manager in his 60's I'm telling everyone from experience this is the smart money deciding that the Republicans will have full control of the House, Senate and Presidency.

I have some cash parked on the sidelines (stable investment) in my companies 401k. With the little pull back we've seen, strong GDP numbers, possible CV19 vaccine on the horizon and the election, it may a buying opportunity, or maybe not. I only have the option to buy (or sell) at the closing price of the day. Thinking of picking up some shares of a S&P 500 tracker fund we have available as an investment at the days end. I'm definitionally not looking investment advise, just wondering how fellow Freepers are feeling about the market going forward?

On Friday Twitter stock took a 20 percent hit in net worth. The stock went from a high at 52.66 per share to 42.26 in the past 24 hours. Twitter company announced Thursday it added fewer users than expected and admitted its rise in expenses would accelerate in the fourth quarter. The company has also been busy censoring conservatives and blocking unapproved facts on the coronavirus and other sensitive topics. Charles V Payne @cvpayne This morning Jack Dorsey will take a $756 million hit to his net worth. I don't think he cares but Twitter shareholders and board of directors...

So much for the market’s best day of the year. Oct. 28, on average the S&P 500’s best-performing day over the past 70 years, was instead one of 2020’s worst as COVID-19 concerns continued to flare up in the U.S. and Europe. Cities such as Chicago and Newark are renewing restrictions on businesses and public gatherings amid not just record-high new caseloads in America, but rising hospitalizations and deaths as well. In Germany, restaurants and theaters will be shut down for four weeks, and other European countries are stepping up their own measures to fend off a second wave.

Why is the stock market so high? I get asked this riddle every day. The standard answers we hear these days are that the market is anticipating another $2 trillion Donald Trump-Nancy Pelosi stimulus bill (either before or right after the election) and investors are craving another drink from the federal firehose. Deficit spending has apparently become the crack cocaine for investors. Economists at the Federal Reserve Bank, UBS, Bank of America and Goldman Sachs also tell us that a President Joe Biden would be bullish for the markets because he will deluge the economy with even more deficit spending...