Posted on 10/02/2017 3:15:34 PM PDT by John W
The S&P 500 rose 0.4% to 2529.12 today, while the Dow Jones Industrial Average gained 152.51 points, or 0.7%, to 22,557.60. The Nasdaq Composite advanced 0.3% to 6516.72. All three major indexes closed at record highs. And just so no one can complain that only big stocks are driving the rally, the small-cap Russell 2000 rise 1.2% to 1509.47, closing at a record of its own.
Signs of economic strength will do that. This morning, we learned that the Institute for Supply Management's Manufacturing indexhad surged to 60.8, the highest level since 2004 and above forecasts for 58.1. And the U.S. wasn't alone in reporting strong manufacturing data, as China and Europe also joined the fun.
(Excerpt) Read more at barrons.com ...
Donald Trump is the reason why Wall Street is better than it was during the Obama Regime.
This winning is exhausting.
Hell, I just put in an order that closes my month of October at 350%!!!!
And it’s only the 1st day of the business month.
Freakin tired too...
Great.
Now, I’ll be singing different versions of “Fly me to the Moon”
Remember when we were told that the markets would crash if Trump was elected?
It’s the Trump energy policy.
My IRA is where it was 15 years ago,
which is fantastic considering I have
been drawing down from it every year.
Exactly.
Two days from now I’m going to the dealership to order a new 2018 loaded Lincoln Navigator, and my brokerage account has,paid for it in the last two months.
Yup. Remember "funemployment", "staycation", and the MSM's positive spin during the previous administration?
Energy is important. So too de-regulation. Also, the rule of law is important.
Give it time. The dow ran up under obama as did the national debt. I did well, others did not.
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