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Stocks surge to Record Close, have best start to a year since 2003

By MrMagic following x   2018 Jan 12, 1:09pm 5,456 views   53 comments   watch   sfw   quote     share    


Stocks rose to record highs on Friday after some of the major financial companies in the U.S. reported strong quarterly results.

The Dow Jones industrial average rose 197 points to an all-time high. J.P. Morgan Chase was among the best-performing stocks in the index, rising 1.1 percent.

The S&P 500 reached a record high, climbing 0.6 percent with industrials and consumer discretionary as the best-performing sectors.

The index was also enjoying its best 10-day start to a year since 2003. In that time period, the S&P 500 is up 4 percent. It gained 5.9 percent during the first 10 days of 2003.

The Nasdaq composite traded 0.6 percent higher and also hit an all-time high. Amazon shares rose 2.1 percent and broke above $1,300 for the first time.


https://www.cnbc.com/2018/01/12/us-stocks-earnings-season-dow-jp-morgan.html
#economics

« First    « Previous    Comments 41 - 53 of 53    Last »

41   MrMagic   ignore (11)   2018 Jun 26, 6:35am   ↑ like (0)   ↓ dislike (2)   quote   flag        

Feux Follets says
Cue the spin machine...


No SPIN, just FACTS... (Facts, those pesky things the Liberals hate).




Any Questions?
42   HEYYOU   ignore (19)   2018 Jun 26, 8:51am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Does anyone know that any profit made is fiat?
Keep believing!
43   FortWayne   ignore (2)   2018 Jun 26, 8:52am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Liberals hate success. They like “ekwality”.
44   MrMagic   ignore (11)   2018 Jun 26, 1:03pm   ↑ like (1)   ↓ dislike (1)   quote   flag        

Feux Follets says
When are the members of Team Trump going to have one 24 hour period on the forum without bringing up Obama, Hillary, etc, ?


Can't handle the truth?

Feux Follets says
Maybe one of these days we will get to see that awesome infrastructure plan ? Any idea how that is going to get paid for ?


https://patrick.net/post/1317014/2018-06-26-american-money-flowing-back-into-america-record-300-billion-repatriated-to-usa

How's that?

BTW, nice try on the FAILED re-direction.... again...

How is your 401K doing the past year and a half? Since you feel Trump is such a loser, I'm sure you didn't accept any of those gains, right?
45   DASKAA   ignore (3)   2018 Jun 26, 1:48pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Sniper says
How is your 401K doing the past year and a half?


Have you just assumed xyr gender, errrr , I mean, xyr employment status?
46   MrMagic   ignore (11)   2018 Jun 26, 3:10pm   ↑ like (1)   ↓ dislike (2)   quote   flag        

Feux Follets says
When are the members of Team Trump going to have one 24 hour period on the forum without bringing up Obama, Hillary, etc, ?


Feux Follets says
Again - can Team Trump go 24 hours on this forum without once bringing up Hillary, Obama etc. or is the attraction to high ?


Seems that there is only one person on this thread today who brought Hillary up more than once.

I wonder who that was?

Feux Follets says
Sniper says
BTW, nice try on the FAILED re-direction.... again...


Kindly learn some original retorts and refrain from plagiarizing the previous work of others.


Just pointing out the obvious, to those paying attention.
47   MrMagic   ignore (11)   2018 Jun 27, 6:19pm   ↑ like (1)   ↓ dislike (1)   quote   flag        

Feux Follets says
The Dow and S&P 500 blow their biggest intraday gain since February !


Here is my shocked face:

Yawn.....


2018: When 400-point stock swings became normal.
There were only eight days in 2017 when the S&P was up or down at least 1%. This year, stocks have moved 1% 23 times, and markets are on pace for the most volatile year since the financial system meltdown of 2008.

Unlike 2008, the economy is in fairly good shape.
http://money.cnn.com/2018/04/03/investing/large-stock-market-swings-volatility/index.html
48   RafiMaas   ignore (0)   2018 Jun 28, 5:04am   ↑ like (1)   ↓ dislike (0)   quote   flag        

Sniper says
Unlike 2008, the economy is in fairly good shape.

You forgot to say .... Thank you Obama.
49   MrMagic   ignore (11)   2018 Jun 28, 8:08am   ↑ like (1)   ↓ dislike (1)   quote   flag        

RafiMaas says
Sniper says
Unlike 2008, the economy is in fairly good shape.

You forgot to say .... Thank you Obama.


Obama is still President? I must have missed that.

Feux Follets says
Donnie still owns it. He's taken credit numerous times as it went up - owns it on the downslides as well


Absolutely, I'll take the last year and a half over the last few years of Obama any day.

As a refresher:







Feux Follets says
all of it and when the unemployment claims start rising, he owns that too.


Wait, he won't be able to blame Obama 3 years later, like Obama did to Bush numerous times?
50   RafiMaas   ignore (0)   2018 Jun 28, 11:46am   ↑ like (0)   ↓ dislike (0)   quote   flag        

Sniper says
RafiMaas says
Sniper says
Unlike 2008, the economy is in fairly good shape.

You forgot to say .... Thank you Obama.


Obama is still President? I must have missed that.


Trump has been president since 2008? I must have missed that.

Actually Obama was President from 2009 to 2017 and handed Trump a far better economy than was handed to Obama.
51   Rin   ignore (3)   2018 Jun 28, 12:34pm   ↑ like (0)   ↓ dislike (0)   quote   flag        

Ppl, forget about cap gains in the markets. Yes, we've had an extended bull run which is due for correction.

On the other hand, if the market does nosedive, like let's say a 30-40% crash, what will happen to those who hold dividend yielding stocks? Those yields will spike from 2.5% to 10-12%. And thus, if you use the dividend reinvestment program, you'll add even more stocks to your portfolio so that when the markets goes up again, you'll have an even better portfolio.

Is this not obvious? Here's a dividend reinvestment calculator which compounds your quarterly dividends, adding more shares to your bucket.

https://dqydj.com/stock-return-calculator-dividend-reinvestment-drip/

Here's RJ Reynolds, now Reynolds America (RAI) prior to the 2008 crisis, date range of Jan 2006 to Jan 2014 ...



Despite an overall major market crash, in the middle, your portfolio went from $10K to $32K. And that's because you'd invested in a firm which either maintains or raises its dividends per share.

When you reach retirement age, you stop re-investing dividends and simply use those dividends to pay your bills. Ppl, this isn't all that complicated.
52   PrivilegedtobeWhite   ignore (1)   2018 Jun 28, 7:22pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

RafiMaas says
Actually Obama was President from 2009 to 2017 and handed Trump a far better economy than was handed to Obama.
Lol...the stock market doesn't mean a booming economy. Anyone can do well in the stock market when there's record easy money policies. The fact that the Fed is raising rates is a compliment to the Trump administration because it means they trust the economy enough to tighten.
53   MrMagic   ignore (11)   2018 Jun 29, 8:29am   ↑ like (1)   ↓ dislike (1)   quote   flag        

PrivilegedtobeWhite says
Lol...the stock market doesn't mean a booming economy. Anyone can do well in the stock market when there's record easy money policies.


and also print and inject $4 TRILLION into the economy to prop it up. I wonder why the market flatlined between 2014 and 2016 when the free money, QE flow was turned off?

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