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BOOM!! Dow surges 115 points, breaks above 24,000


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2017 Nov 30, 7:26am   4,994 views  20 comments

by MrMagic   ➕follow (2)   💰tip   ignore  

The Dow Jones industrial average rose 115 points, breaking above 24,000 for the first time, with Goldman Sachs leading advancers on the 30-stock index.

The S&P 500 reached an all-time high at the open, advancing 0.4 percent, with financials among the best-performing sectors.



https://www.cnbc.com/2017/11/30/us-stocks-dow-record-high-tax-reform-senate.html
#economics

Comments 1 - 20 of 20        Search these comments

1   BayArea   2017 Nov 30, 7:37am  

Incredible
2   zzyzzx   2017 Nov 30, 8:39am  

It's all Trump's fault!!!
3   anonymous   2017 Nov 30, 9:08am  

The Obama bull market roars on. Just think where we’d be now if the Republicans hadn’t crashed the market back in 07
4   anonymous   2017 Nov 30, 9:44am  

Sniper says
errc says
The Obama bull market roars on.


Do you think telling that same lie, over and over, will finally make it true. It's been disproved MANY times.


Where?
5   MrMagic   2017 Nov 30, 9:55am  

Wow - now up +350 points at mid day.
6   Strategist   2017 Nov 30, 10:14am  

Sniper says
errc says
The Obama bull market roars on.


Do you think telling that same lie, over and over, will finally make it true. It's been disproved MANY times.


A question:
If Obama was still President, would the Dow Jones be 24,000+ today? If so, why?
7   Strategist   2017 Nov 30, 10:40am  

If you want to have a nice laugh:
www.youtube.com/embed/IaLpVcZp5HI
8   Goran_K   2017 Nov 30, 10:47am  

I seem to remember lefty experts like Krugman and Cuban saying I would get wiped out by a "Trump economy"....



But I'm now up 41% for the year. Man, how could that be?
9   zzyzzx   2017 Nov 30, 11:04am  

Sniper says
Wow - now up +350 points at mid day.


How much of this is bank stocks, making up for a lackluster year so far?
10   mell   2017 Nov 30, 11:28am  

Please stop the winning.. NOT! That's what a market looks like that has government red tape and bs bureaucracy removed. No QE necessary.
11   anonymous   2017 Nov 30, 1:28pm  

buy the rumor sell the fact.

on the tax cuts that is.
12   MrMagic   2017 Nov 30, 2:24pm  

The WINNING, make it stop!!

13   anonymous   2017 Nov 30, 7:05pm  

Strategist says
He thought with Trump being President the economy and stocks would crash.


You mean he said exactly the opposite.

https://patrick.net/post/1299182/2016-11-18-not-all-trump-voters-are-idiots-the-stock-market
14   MrMagic   2017 Dec 1, 3:49pm  

So – unless there’s more than meets the eye, it appears that the coverup is far greater than the crime in regards to Flynn’s decision to lie to the FBI. And whatever the outcome, the hard bounce in the S&P 500 would seem to suggest this is perhaps another nothingburger and not quite the end of Drumpf.



http://www.zerohedge.com/news/2017-12-01/did-flynns-plea-deal-just-disprove-election-collusion
15   anonymous   2017 Dec 1, 5:18pm  

Sniper says
So – unless there’s more than meets the eye, it appears that the coverup is far greater than the crime in regards to Flynn’s decision to lie to the FBI. And whatever the outcome, the hard bounce in the S&P 500 would seem to suggest this is perhaps another nothingburger and not quite the end of Drumpf.


The cover up is always greater than the crime.

Not sure the S&P has any inside info seeing as even the White House was caught off guard this morning when Flynn's indictment was announced.
16   MrMagic   2017 Dec 1, 7:07pm  

anon_3b28c says
Not sure the S&P has any inside info seeing as even the White House was caught off guard this morning when Flynn's indictment was announced.


The S&P (and the DOW, -350 at one point) took BIG dives when ABC reported their FAKE news today, but went on to recover the losses later on.
17   Strategist   2017 Dec 1, 7:17pm  

Sniper says
anon_3b28c says
Not sure the S&P has any inside info seeing as even the White House was caught off guard this morning when Flynn's indictment was announced.


The S&P (and the DOW, -350 at one point) took BIG dives when ABC reported their FAKE news today, but went on to recover the losses later on.


The recovery was amazing. I think a lot of people on Wall Street knew it was fake news, and took advantage of it. It will be really interesting to see how the futures behave Sunday evening, and the opening Monday morning.
18   MisdemeanorRebel   2017 Dec 1, 7:19pm  

Sniper says
The S&P (and the DOW, -350 at one point) took BIG dives when ABC reported their FAKE news today, but went on to recover the losses later on.


Good news. Frankly, there should be an investigation to see if ABC and Brian Williams were looking to game the market, and to see who they spoke to.

It's clear that in the interests of Growth, we need to protect the Trump Administration.
19   Strategist   2017 Dec 1, 7:34pm  

TwoScoopsMcGee says
Sniper says
The S&P (and the DOW, -350 at one point) took BIG dives when ABC reported their FAKE news today, but went on to recover the losses later on.


Good news. Frankly, there should be an investigation to see if ABC and Brian Williams were looking to game the market, and to see who they spoke to.

It's clear that in the interests of Growth, we need to protect the Trump Administration.


I'm sure someone in Washington will want to dig into this. Someone, lots of them, made a killing from this. Just follow the money trail and start there.
20   Strategist   2017 Dec 1, 7:44pm  

A lot share holders who placed a "stop loss order" would be stopped out, only to see the market recover on the fake news.
Man, are they gonna be upset. ABC could get sued like hell.
Who knows.....I'm quite sure there is a lot more shit to hit the fan.

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