Posted on 02/03/2017 12:57:38 PM PST by John W
U.S. stocks rose Friday and traded in the final hour near session highs, led by a sharply higher financial sector as President Donald Trump took steps to roll back industry regulations. A stronger-than-expected January jobs report contributed to the upbeat sentiment.
Despite the rise Friday, a negative week may still be in the cards, with pressure on the market linked in part to rising geopolitical uncertainty following reported spats between President Donald Trump and key foreign allies. The Dow is down 0.2% for the week, and the Nasdaq is off less than 0.1%. The S&P is up less than 0.1% for the week.
(Excerpt) Read more at marketwatch.com ...
Hows the media going to spin this now LOL.
Well the second paragraph has been their angle all week. Except Monday when supposedly the immigration pause was hurting the markets.
flicking through channels and CNN is talking about who would pay for a wall and asking McCain. MSNBC talking about how President Trump never got to talk to the Uber exec.
Nothing about the market finishing strong LOL.
Thye are so predictable
Despite the rise Friday, a negative week may still be in the cards...
Back up over 20K.
But our oil and gas industry is still stagnant in TX.
A) Financials
B) Energy
C) Industrials
What about the overdue correction?
The over-due correction?! If it happenes...it may be near time to pay income taxes. March to April 15??? Or not at all?! Or the dog days of Summer. Late July?!
U.S. Steel did well Thursday. AMD did well about the same day.
Correction will be timed to occur about 1 year prior to next presidential election when the Commicrats can milk it just as they did in 2007 for 0dungsh*t.
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