Posted on 10/24/2017 6:21:56 AM PDT by John W
U.S. stock-index futures pointed to a higher open on Tuesday, suggesting another round of records could be in store for the main benchmarks as earnings continue to come in largely ahead of expectations.
Caterpillar Inc.’s earnings-driven rally looked set to lead the Dow industrials higher, while Whirlpool Corp.’s drop following its results helped limit the S&P 500’s advance.
(Excerpt) Read more at marketwatch.com ...
Dow futures currently up 145.
OK. So once the first hour of trading is complete, what will happen then?
the liberals say that the stock market going steadily up since Trump’s election has nothing to do with Trump.
Remember how Obama told us not to pay attention to the daily gyrations of the stock market.
I think the liberal view is, when the market is up and a Republican is president it doesn’t matter.
If a Republican is president during market downturns, then that downturn is a negative reaction to that Republican president and his policies.
If a Democrat is president and the market is up, the Democrats take credit.
If a Democrat is president and the market declines, then the Obama rule of not paying attention to the stock market is what the liberals tell us about it.
Good! Every semester I’ve been paying my son’s college tuition using my IRA. The tax issues are fairly non-existent and doesn’t cost me much. Anyway, every semester I pay it. By the next semester I’ve made the money back. Pretty awesome. So I haven’t gained any money but I haven’t lost any either.
Caterpillar. Must be construction related. How did all the Komatsu’s end up intros country? Better-cheaper?
The sandp has been scaling back...keep an eye on that one.
They honestly want us to think that 8 years of a morbid economy under Obama was done on purpose so it would rally ONLY after he left.
It stretched as far as the eye could see in both directions.
As an investor, I regularly keep an eye on the freight trains that pass through my town.
I have never seen anything like this one.
That’s sums it up nicely!
Everyone knows government mostly destroys wealth, is the biggest money pit, is a jobs program for mostly Democrats. How can any sane person think bigger government, more regulation, more bureaucrats collecting pretend data then badly central planning could possibly make the stock market go up?
Snowybear wrote: “Good! Every semester I’ve been paying my son’s college tuition using my IRA. The tax issues are fairly non-existent and doesn’t cost me much. Anyway, every semester I pay it. By the next semester I’ve made the money back. Pretty awesome. So I haven’t gained any money but I haven’t lost any either.”
You may learn how much money you lost when it’s time to retire. You will lose a bunch of future earnings.
We buy junk “stuff” we really do not need, @Walmart, and then export our natural resources (coal, oil, metal ores) to China. Long term problem is, the natural resources are finite, but the junk stuff will be manufactured for ever.
Smart/strategic investor, IMO. Winning generals study logistics, just like you are with noticing train traffic volume & makeup. Here’s another tidbit for your use. My son & I lease a quarter-section for hunting that’s located just north of two major rail lines through OK. During the fall, the major amount of traffic we notice when traveling the country road to our lease are stacked containers of significant length. There are times when there is less than 20 minutes between the two lines carrying a train signaling for one of the crossings near the lease. That adds up to a lot of tonnage of goods in transit.
CAT up 7.92 at 139.60
Remember ‘the new normal’?
For 8 years they tried to convince us that the sluggish economy, slow GDP, low employment, disappearing jobs, etc., were ‘the new normal’.
What a difference a presidential election makes.
That’s true but if I can get him through college debt free it’s worth it. I’ll be fine.
It goes up. It goes down. A 100 point move is hardly worth noting.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.