Skip to comments.Dow spikes 548 points as investors cheer fat corporate profits
Posted on 10/16/2018 5:23:52 PM PDT by John W
New York (CNN Business)Corporate America is coming to Wall Street's rescue.
The Dow soared 548 points, or 2.2%, on Tuesday as investors cheered fat profits from major companies and relative calm in the bond market. The huge rally, the Dow's best day since March, helped the index recover a chunk of last week's hefty losses. Tech stocks, the biggest losers during the market turmoil, raced back to life. The Nasdaq spiked nearly 3%, while the S&P 500 advanced 2.2%. Investors piled back into tech darlings. Amazon, Facebook and Netflix closed sharply higher.
(Excerpt) Read more at cnn.com ...
The Left is deeply saddened ...
Solution: Audit the FED!
The leftist stockbrokers who panicked last week and said the sky was falling, are deeply saddened.
The question is “Will there be investigations of the ‘Fed’s’ recent actions?”
They stink to high heaven.
A M E N !
There goes Putin, controlling the stock marketbagain
None of the brokers that I know are leftists.
They are taking orders from ‘above.’
I surely do hope that a complete audit of the FED is on Trump’s To Do List!
He may need the entire USMC to provide his security!
No bias here...
However it happens, they are all chicken littles.
I sure wish I could predict these rises and falls before they happen!
“He may need the entire USMC to provide his security!”
Yes, isn’t it disgusting to “wake up” to the reality that the Republicans have been just a micron lower than the RATs all these years and that the truth of the matter is that both Parties have been complicit in selling out our country pretty much since the end of WWII if not earlier.
Meanwhile, check out the little coincidence inside this good news below:
“The U.S. is back on top as the most competitive country in the world, regaining the No. 1 spot for the first time since 2008 in an index produced by the World Economic Forum...”
C’mon Soros, you’re not even trying! s/
My neighbor across the street used to be a commodities broker for one of the largest houses. His Mother was a senior Veep. Neither of them is a “chicken little.”
In that business, one does not mess with what comes down from ‘above.’
They say “fat corporate profits” like it’s a bad thing.
I am encouraged by the new alliance between Trump and McConnell/Graham.
The DJIA will be below 20,000 within a month; probably sooner.
Get out now.
Go cash, silver, gold, water, food, ammo.
If you do not, your money will be trapped as you watch your paper/electronic assets pour down the drain.
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