Keyword: dowjones

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  • Dow 18,000: Have Stocks Come Too Far Too Fast?

    12/26/2014 6:30:13 AM PST · by SeekAndFind · 21 replies
    Fiscal Times ^ | 12/26/2014 | By Anthony Mirhaydari
    Thhe Dow Jones Industrial Average topped the 18,000 level for the first time ever on Tuesday. That's quite a feat, made all the more impressive by the way it happened, coming out of the early December weakness. Up for five days in a row, the Dow has surged 1,000 points in just one week. Historically, December is the best single month of the year for large-cap stocks — Santa Claus rallies and all that good cheer. And the market has been demonstrating some remarkable consistency lately, with the S&P 500 rising for 29 consecutive days coming out of the October...
  • Dow tops 18,000 as market reaches new highs

    12/23/2014 11:55:32 AM PST · by SeekAndFind · 10 replies
    Examiner ^ | 12/23/2014
    Stocks are pushing further into record territory as the Dow Jones industrial average tops 18,000 points for the first time. Traders have been encouraged by signs of strength in the U.S. economy and reassurances that the Federal Reserve won't interest rates soon. There was more encouraging news early Tuesday as the U.S. government reported that the economy powered ahead at a 5 percent annual rate in the third quarter. That was the fastest pace in more than a decade. The Dow Jones industrial average rose 43 points, or 0.2 percent, to 18,003 as of 9:35 a.m. Easter. The Standard &...
  • Here’s what happens when you buy stocks at their all time highs

    12/05/2014 1:42:24 PM PST · by SeekAndFind · 22 replies
    Sovereign Man ^ | 12/05/2014 | Simon Black
    One of the great myths about investing that we’re told by the mainstream investment education is that we should “buy and hold” for the long term.I remember being taught in a personal finance class long ago that I should just buy the S&P 500 index, walk away, and that years later I will have achieved huge gains.The premise is that over a long period of time, it doesn’t really matter at what point you get in and out. The long-term trend of the stock market portends that you will make money.It’s those kinds of investing myths that become axiomatic through...
  • Stocks Rise, Sending Dow and S.&P. 500 to New Highs [Again and again and again]

    11/18/2014 3:13:55 PM PST · by SeekAndFind · 16 replies
    New York Times ^ | 11/18/2014
    The stock market rose on Tuesday, sending the Dow Jones industrial average and Standard & Poor’s 500-stock index to new nominal closing highs. Pharmaceutical and medical equipment stocks were among the biggest gainers. A positive outlook from homebuilders and encouraging news from Japan and Germany also helped lift markets. KEEPING SCORE The Dow rose 40.07 points, or 0.2 percent, to 17,687.82. The S.&P. 500 added 10.48 points, or 0.5 percent, to 2,051.80. The Nasdaq composite index gained 31.44 points, or 0.7 percent, to 4,702.44. THE QUOTE “The broad equity market is in holiday mode,” said Terry Sandven, chief equity strategist...
  • Another Milestone: S&P 500 Closes Above 2,000 [for the first time in history]

    08/26/2014 3:00:30 PM PDT · by SeekAndFind · 14 replies
    ABC News ^ | 08/26/2014 | ALEX VEIGA
    It was a big round-number day for the stock market. The Standard & Poor's 500 index closed a hair above 2,000 points Tuesday, 16 years after it finished above 1,000 for the first time. The move extended the stock index's record-shattering run this year. The latest milestone comes as investors see new signs that the economy is strengthening, a driver of stronger company earnings. "There's perhaps a small psychological boost when you get over such a significant price level," said Cameron Hinds, regional chief investment officer at Wells Fargo Private Bank. U.S. stocks, in the midst of a five-year rally,...
  • Investors cheer: S&P 500 hits all-time high [again!]

    08/21/2014 2:28:12 PM PDT · by SeekAndFind · 11 replies
    CNN Money ^ | 08/21/2014 | Heather Long
    If you kept your money in the stock market this summer, you're likely feeling pretty smart now. The start of August was rough for stocks as the Russia-Ukraine standoff, the Israel-Gaza conflict and terrorist group activity in Iraq all flared again. While serious problems remain in each of these regions, their impact on the U.S. economy so far has been limited. A stock market bounce back is in full effect. On Thursday, the Dow closed above the 17,000 mark for the first time since July 24. Not to be outdone, the S&P 500 set a new all-time high of just...
  • Stocks Plunge On Russia Invasion Threat - Give Up All Post-Payrolls Gains

    08/05/2014 11:44:48 AM PDT · by BlopAndStop · 21 replies
    Zero Hedge ^ | August 05 2014 | Tyler Durden
    Yesterday, the S&P and Nasdaq bounced hard off the pre-payrolls level from Aug 1st. From the moment US cash equity markets closed yesterday, stocks have been dropping back. But now, thanks to this: SIKORSKI: RUSSIAN UNITS POISED TO PRESSURE OR INVADE UKRAINE SIKORSKI: RUSSIAN INCURSION WOULD BE HUGE ESCALATION OF CRISIS SIKORSKI WARNS RUSSIA ON IMPACT OF CONVENTIONAL WAR IN EUROPE The Dow, S&P and now Nasdaq have tumbled below yesterday's lows, eradicating all the post-payrolls gains in stocks. Treasury yields are tumbling (5bps off highs) and gold and silver and rising. All payrolls gains gone...
  • We’re in the third biggest stock bubble in U.S. history

    07/17/2014 8:19:18 PM PDT · by RC one · 21 replies
    Market Watch ^ | July 17, 2014, 7:27 a.m. | Brett Arends's ROI
    1853, 1906, 1929, 1969, 1999 Pass the question around your office. Call your money manager and ask him or her, too. Post it on your office notice board. Give up? Those were the peaks of the five massive, generational stock-market bubbles in U.S. history. Investors who bought into stocks around those peaks ended up earning terrible returns over the subsequent 30 years. Forget “stocks for the long run.” They ended up with “stocks for a long face.” The bigger the bubble, the worse returns. And, according to a new research report, we are back there again. U.S. stocks are now...
  • Jobs drive Dow, S&P 500 to records in short session. Dow Breaks 17,000.

    07/03/2014 1:31:48 PM PDT · by SeekAndFind · 24 replies
    Reuters via Yahoo Finance ^ | 07/03/2014 | By Ryan Vlastelica
    <p>NEW YORK (Reuters) - Wall Street's holiday-shortened session ended with multiple records on Thursday, with the Dow topping 17,000 for the first time after the June jobs report came in much stronger than expected.</p> <p>Both the Dow and S&P 500 ended at their third consecutive record highs. The Nasdaq ended at its highest since 2000 and rose for a third straight week. The three major indexes wrapped up a week of solid gains on the day before the Independence Day holiday, when the U.S. stock market will be closed.</p>
  • Dow Closes at Record High, Just Short of 17,000-Point Milestone

    07/01/2014 1:43:53 PM PDT · by SeekAndFind · 17 replies
    NBC Business News ^ | 07/01/2014
    The Dow closed at a record high, just short of the 17,000-point milestone, as stocks surged on Tuesday after reports of expansion in U.S. manufacturing and better-than-expected sales for major U.S. automakers. The Dow Jones Industrial Average ended unofficially 129 points higher at 16,956.07, eclipsing its June 20 record of 16,947.08. The S&P 500 also closed at a record high, climbing 13 points to 1973.32, and the Nasdaq added 50 points, or more than 1.1 percent. Tuesday's economic reports had the Institute for Supply Management's manufacturing index coming in at 55.3 in June, nearly unchanged from May's 55.4 reading.
  • Dow hits record for fourth day

    06/10/2014 4:19:33 PM PDT · by NormsRevenge · 10 replies
    Yahoo Finance ^ | 6/10/14 | Caroline Valetkevitch - Ruters
    NEW YORK (Reuters) - U.S. stocks finished nearly flat on Tuesday, although the Dow eked out another record closing high as utilities' shares fell while 10-year bond yields hit their highest level in a month. Six of the 10 primary S&P 500 sector indexes ended the session lower. The decline was led by a 0.3 percent drop in the S&P utilities index (.SPLRCU). Utility stocks' high dividends tend to lose some of their appeal when bond yields jump. It was the Dow's fourth straight record closing high. The S&P 500, though, broke its four-day string of record high finishes. The...
  • Dow Jones Index closes at record as Fed keeps cutting stimulus

    04/30/2014 5:24:22 PM PDT · by SeekAndFind · 8 replies
    Post Bulletin ^ | 04/30/2014
    The Dow Jones industrial average closed at an all-time high Wednesday as the good narrowly outweighed the bad for the stock market. After investors took in some solid U.S. company earnings, the latest move from the Federal Reserve and a report of unexpectedly weak economic growth in the first quarter, the stock market managed its third straight day of gains. The Dow Jones industrial average rose 45.47 points, or 0.3 percent, to 16,580.84, four points above its previous record set on Dec. 31. It was the first day the index closed in positive territory for the year. The Standard &...
  • A 400 point Hypothetical Dow Jones drop.... ~ Vanity

    04/04/2014 2:06:52 PM PDT · by GraceG · 15 replies
    So this is the 3rd time today I heard that the Dow only dropped 100 popints but should have dropped 400 points. Or so the news reader on the radio has been saying, i am a bit confused about this? What exactly are they trying to say? Are they insinuationg that the economy is rigged, which we all know to be true...
  • New record for S&P 500, Dow just misses

    04/03/2014 10:19:45 AM PDT · by SeekAndFind · 18 replies
    CNN Money ^ | 04/03/2014 | By Patrick Sheridan
    The S&P 500 closed at a new record high, its eighth of the year. The Dow Jones Industrial Average just missed closing at a new record, falling short by a mere 3 points. A late afternoon rally helped power the indexes down the stretch, with the Nasdaq closing higher as well. But a record close for the S&P 500 at 1,890.90 was far from a sure thing during much of the session as stocks gained then retreated several times. Investors will now turn their attention to Friday's much anticipated March unemployment report. Today, they kept a close eye on this...
  • Dow, S&P end at record highs after Fed's stimulus cut

    12/18/2013 1:16:37 PM PST · by NormsRevenge · 36 replies
    Yahoo Finance ^ | 12/18/13 | Angela Moon - Reuters
    NEW YORK (Reuters) - The Dow and the S&P 500 closed at all-time highs on Wednesday after the Federal Reserve announced a small reduction in its stimulus program, confirming that the U.S. economy was on firm footing.
  • History Made: Dow Closes Above 16K for First Time

    11/21/2013 5:24:44 PM PST · by SeekAndFind · 41 replies
    Fox News ^ | 11/21/2013 | Adam Samson
    The Dow rallied more than 100 points to close above the 16000 mark for the first in history amid optimism the Fed will keep its foot firmly on the economic accelerator. The Dow Jones Industrial Average (DJI) rose 109 points, or 0.69%, to 16010, the S&P 500 (GSPC) advanced 14.5 points, or 0.81%, to 1796 and the Nasdaq Composite (IXIC) gained 47.9 points, or 1.2%, to 3969. Wall Street has rallied in a big way this year. The Dow is up more than 22%, and has rallied 145% since its bear-market low in March 2009.
  • Stocks up again: Dow 16,000 record in sight

    11/14/2013 1:46:32 PM PST · by SeekAndFind · 59 replies
    CNN Money ^ | 11/14/2013
    Stocks ended modestly higher Thursday after Federal Reserve chair nominee Janet Yellen indicated in a Senate hearing that she will continue to support the economy with stimulus measures. Investors were encouraged and sent the Dow Jones Industrial Average and S&P 500 to new records. The Dow is now just 1% from hitting 16,000, while the S&P 500 is less than 1% from 1,800.
  • Does Goldman have a better economic pulse than BofA? Why replace the latter in the Dow Index?

    09/11/2013 7:21:38 AM PDT · by SeekAndFind · 5 replies
    Fortune ^ | 09/11/2013 | Nin Hai Tseng
    Dow Jones says a goal of the 30-stock index is to capture the pulse of the broader economy. So why replace a rebounding Bank of America with Goldman Sachs? In the biggest change of the 30-stock index in nearly a decade, three companies will be replaced on the Dow Jones Industrial Average. Alcoa, Bank of America, and Hewlett-Packard are out, Nike, Goldman Sachs, and Visa (V) are in. The shake-up partly reflects declining fortunes and share prices, but the timing and reasons are nonetheless curious when we look at the departure of Bank of America (BAC). Like other big banks,...
  • Dow Jones Adds Goldman Sachs, Visa and Nike: Drops Bank of America, HP and Alcoa

    09/10/2013 7:25:32 AM PDT · by SeekAndFind · 14 replies
    Top News USA ^ | 09/10/2013 | Ryan Bilanich
    Dow Jones Industrial Average has planned adding Goldman Sachs, Visa and Nike. The index will also remove Hewlett-Packard, Bank of America and Alcoa. Investment bank Goldman Sachs would benefit from the addition to the stock index. The changes will be implemented from September 23. Dow Jones includes 30 stocks and gives an indication of the better performing companies in the stock market. The three companies to be removed from the index were trading low on the stock markets. The stocks have underperformed the market. Goldman Sachs stock was up by 2.3 percent in premarket trading. Visa and Nike both were...
  • 160 million credit cards later, 'cutting edge' hacking ring cracked

    07/25/2013 1:59:48 PM PDT · by Jim Robinson · 24 replies
    NBC News ^ | By Bob Sullivan
    For nearly a decade, a band of cybercriminals rampaged through the servers of a global business who's who: Among the victims were 7-Eleven, Dow Jones, Nasdaq, JetBlue and JC Penney. Prosecutors say the hackers stole "conservatively" 160 million credit card numbers, and the dollar value of the crimes they helped facilitate is enormous — just four of the victims are out $300 million. The suffering caused to identity theft victims was "immeasurable," say prosecutors. On Thursday, five of the gang's members were indicted. One is in custody in the U.S., a second is awaiting extradition in the Netherlands, and three...
  • Stock market hits record high!

    07/12/2013 8:38:23 AM PDT · by SeekAndFind · 14 replies
    Decatur Daily ^ | 07/12/2013 | Steve Rothwell, Associated Press
    NEW YORK — Call it the Bernanke Boost. The stock market, which has been marching higher for a week, got extra fuelThursday after Federal Reserve Chairman Ben Bernanke said the central bank will keep supporting the economy. The Dow Jones industrial average and Standard & Poor’s 500 surged to all-time highs. And the yield on the 10-year Treasury note continued to decline as investors bought bonds. Stocks that benefit most from a continuation of low interest rates, such as homebuilders, notched some of the biggest gains. The chairman made the comments in a speech late Wednesday after U.S. markets had...
  • Broad Selloff: Stocks Tumble 1%, Dow Falls 200 to Close Below 15,000

    06/05/2013 1:25:37 PM PDT · by SeekAndFind · 20 replies
    CNBC ^ | 06/05/2013 | By: JeeYeon Park
    Stocks posted sharp declines across the board Wednesday, with the Dow ending below 15,000, following weakness in overseas markets and amid concerns over when the Fed will start tapering its bond-buying program on the heels of several mixed economic reports. "There has to be some sort of convergence between stock prices and economic data," said Sal Arnuk, co-manager of trading at Themis, noting that the move lower has been "quiet and orderly" with "adequate volume." "The selloff's based on lukewarm economic data, fear over Fed tapering and it's also somewhat natural given the highs we've recently made." The Dow Jones...
  • Dow 15,000? Try 116,200 (Why we'll hit that number before 2050 and why it's not far-fetched)

    05/11/2013 9:56:56 AM PDT · by SeekAndFind · 22 replies
    MarketWatch ^ | 05/10/2013 | CHUCK JAFFE
    When the Dow Jones Industrial Average crossed 15,000, it had me dreaming of bigger things. Specifically: Dow 116,200. That was the market level predicted by mutual fund pioneer Bill Berger in a 1995 speech at a Society of American Business Editors and Writers conference in Boston, and it was almost as laughable then — with the Dow at 4,500 — as it seems now, when it stands more than 100,000 points into the Dow’s future. Berger wasn’t expecting hyperinflation on the index; instead, the 70-something founder of the Berger Funds (which shuttered shortly after his death a few years later)...
  • Dow’s winning streak ends; dollar falls

    03/15/2013 2:13:20 PM PDT · by Olog-hai · 14 replies
    Reuters ^ | Fri Mar 15, 2013 4:52pm EDT | Richard Leong
    Wall Street stocks fell on Friday as a drop in JPMorgan Chase led to the end of Dow Jones industrial average’s 10-day rally, while the dollar retreated from a seven-month high despite more signs the U.S. economy is strengthening. With the pullback in U.S. stock prices, the broader Standard & Poor’s 500 index .SPX failed to make another run to break its all-time closing high, while European shares retreated from 4½-year highs. Investors shifted some money into safe-haven gold and U.S. and German government debt ahead of the weekend. … The Dow Jones industrial average .DJI ended down 25.03 points,...
  • Dow Hits All-Time High: What’s Next for Lofty Stock Market?

    03/05/2013 10:56:22 AM PST · by SeekAndFind · 24 replies
    Yahoo Finance ^ | 03/05/2013 | By Matt Nesto
    In the face of great skepticism and a laundry list of reasons why it shouldn't be happening, the Dow Jones Industrial Average (^DJI) burst higher in early trading today, eclipsing the previous closing high of 14,164 set on October 9, 2007. As it stands, the DJIA is also trading above the record intraday high of 14,198. While the Dow's move into all-time high territory was not entirely unexpected, it is nonetheless a momentous achievement. Of particular note is the fact that today's record comes just four days shy of what will be the index's 4th anniversary of its low, which...
  • Italy Election Jars Wall Street; Dow Falls 216 Points

    02/25/2013 1:22:43 PM PST · by Olog-hai · 14 replies
    Newsmax ^ | Monday, 25 Feb 2013 04:01 PM | (Newsmax wire services)
    The Dow Jones Industrial Average skidded more than 200 points Monday in a late sell-off that analysts blamed on concerns about Italy’s elections. … The election showed a surprisingly strong performance by Beppe Grillo, whose 5 Star Movement has capitalized on a wave of voter disgust with the ruling political class. Another surprise has been the return as a political force of billionaire media mogul Silvio Berlusconi, who was forced from the premiership at the end of 2011 by Italy’s debt crisis, and whose forces now had a strong chance of capturing the Italian Senate. …
  • The Dow at 14,000: not as good as gold (Do not be fooled by the DJIA hitting record highs)

    02/11/2013 7:41:04 AM PST · by SeekAndFind · 19 replies
    New York Post ^ | 02/12/2013 | Seth Lipsky
    What an illuminating week for Wall Street — the Dow Jones Industrial Average has been bobbling just above and below the record high 14,000 mark, even as the country comes to grip with the reports that its economy has actually been slumping, with GDP shrinking 0.1 percent in the last quarter of 2012. The Obama administration is trying to put a bright face on things — but the rest of us feel like we’re smoking more now and enjoying it less. Well, guess what: While the Dow Jones Industrials have been edging past 14,000, the actual value of those stocks...
  • Dow 14K 2nd time around (Don't Get Out the Party Hats Yet)

    02/04/2013 6:34:09 AM PST · by SeekAndFind · 7 replies
    New York Post ^ | 02/04/2013 | Terry Keenan
    Wall Street put on the party hats as the Dow Jones industrial average closed over the 14,000 mark for the first time since October 2007, punctuating the longest winning streak for stocks since 2004. But before you get giddy, it’s worth taking a closer look at what this means for the pocketbooks of most Americans. Despite a 5.5 percent increase in home values in 2012, according to the Case-Shiller index, the price of the average home in the US is precisely where it was a decade ago — no appreciation in home equity at all. As for blue chip stocks,...
  • HUSSMAN: After The Recent Market Dive, The Market Is Set Up To Tank Some More

    11/12/2012 7:45:51 AM PST · by blam · 4 replies
    TBI ^ | 11-11-2012 | Joe Weisenthal
    HUSSMAN: After The Recent Market Dive, The Market Is Set Up To Tank Some More Joe WeisenthalNov. 12, 2012, 8:39 AM In his latest note, fund manager John Hussman says that even after the market decline the market is primed to fall some more. In mid-September, our estimates of prospective market return/risk dropped to the lowest figure we’ve observed in a century of market history (see Low Water Mark). That week turned out to be the high of the recent bull market, though it’s certainly too early to establish whether that was the ultimate peak. During the recent correction, I’ve...
  • Wall Street jumps as energy gains hint at Romney victory

    11/06/2012 12:19:26 PM PST · by Red Badger · 33 replies
    Reuters ^ | Tue Nov 6, 2012 3:02pm EST | By Caroline Valetkevitch
    Stocks climbed on Tuesday as some investors bet that Republican Mitt Romney could pull off a surprise victory in the presidential vote, citing gains in defense and energy shares. Gains were fairly broad-based, but among S&P 500 sectors, energy led the market along with materials and industrial shares, all sectors that rise with the economy. Defense shares like United Technologies shot higher, raising some market speculation that Romney,, who has called for increased military spending, could be moving ahead of Democratic President Barack Obama in the vote.
  • Mammoth mystery algorithm on Nasdaq: who and why?

    10/12/2012 10:31:54 PM PDT · by bruinbirdman · 15 replies
    France 24 ^ | 10/12/2012 | Sébastian SEIBT
    A single algorithm which placed and then cancelled orders on the Nasdaq accounted for 4% of all quoted traffic in the US with no clear goal. An investor gives FRANCE 24 his insight into the mystery which has concerned market watchers. A single mammoth mystery algorithm has set alarm bells ringing for market regulators and players, and underlined the market’s vulnerability to technology and the woeful lack of regulation on algorithms. A single algorithm last week placed and cancelled orders on the Nasdaq accounting for 4% of all quoted traffic in the US. Not only this, it also accounted for...
  • Waiting on the side lines; Americans see even a 13,000 Dow as just another Obama fake statistic

    03/01/2012 10:52:55 AM PST · by jmaroneps37 · 8 replies · 4+ views
    coachisright.com ^ | MARCH 1ST, 2012 | Kevin “Coach” Collins
    Anyone who has watched the Stock Market over the past few years recognizes that it has evolved to a point where stock prices most often defy logic. We get a steady stream of “Oh boy, isn’t this wonderful” reports from media Democrat parrots who hope to use the rising Dow Jones Average (DJA) to convince us “everything is just fine – go back to sleep” when we KNOW things aren’t “just fine.” Under Obama we have learned to mistrust government or quasi-government statistics including the DJA. We know that there must be a “catch” to a 13,000 Dow and we...
  • You Just Witnessed The Third Biggest Weekly DJIA Drop In History

    09/22/2011 1:10:47 PM PDT · by SeekAndFind · 47 replies
    Zero Hedge ^ | 09/22/2011 | Tyler Durden
    A dearth of knife-catchers and bottom-callers suggests that our views on a broad swathe of investors being caught unhedged and offside by Bernanke's relative inaction was correct. By the look of today's huge selloff, investors will become increasingly aware of our recent post on the difference (risks) between owning stocks and bonds. The equity market remains a market in chaos as the following charts show. We can only assume they must be extremely good at discounting whatever it is that talking-heads believe on a tick-by-tick basis - just look at the flip-flopping in the last two months (and in...
  • Dow Jones -2.83%: That Must Have Been Some Jobs Speech, Mr. President.

    09/09/2011 9:28:04 AM PDT · by the invisib1e hand · 30 replies
    Train of Thoughts ^ | 090911 | Train of Thoughts
    As we consult our quotes, we see the Dow Jones Industrial Average is down 2.11% this morning, having been open a mere two hours. That must have been some jobs speech!
  • Vanity: Economic Saavy, I need help

    09/08/2011 8:24:13 PM PDT · by JDW11235 · 33 replies
    None | 08September2011 | Me
    Dear Freepers, please help me out! A firend of mine sent me an e-mail which featured a link to someone who is apparently an economist names Harry S. Dent, with a video ink (I'm including). I have never heard of this man, and I began to watch the video, in which he defines what he think is going on with the economy. Thus far (I have only watched about half), all I can gather is that he believes that we are headed towards DEFLATION and that all commodoties are in a bubble and that whenever their is a crisis, people...
  • Stocks jump; Dow notches best gain in 2 weeks (As the Earth spins and spins..)

    08/23/2011 2:58:50 PM PDT · by NormsRevenge · 6 replies
    Yahoo ^ | 8/23/11 | Matthew Craft - AP
    NEW YORK (AP) -- Stocks posted their biggest jump in nearly two weeks on Tuesday. Investors picked up cheaply priced stocks after fears that the U.S. would slip into a recession pounded the market over the last month. The Dow jumped 322 points, its best day since Aug. 11, when it gained 423. The Dow dipped about 60 points shortly after an earthquake hit the East Coast at 1:51 p.m., but recovered within 20 minutes and soared even higher in the afternoon. James Paulsen, chief investment strategist at Wells Capital Management, said the beating stocks have taken since late July...
  • Obama Reassures Us, Dow Immediately Plunges

    08/09/2011 6:05:07 AM PDT · by Stoutcat · 9 replies
    Grand Rants ^ | 08-09-11 | Gerry Ashley
    There’s an old expression that goes, “It’s better to keep your mouth shut and have people think you’re a fool than to open it and remove all doubt.” In what has to be seen as a defining moment in Barack Obama’s failed presidency, the POTUS Ignoramus took to the airwaves today to “reassure the American people” that America is still doing well under his leadership, and that Standard & Poor’s downgrade of America’s credit rating was obviously a mistake. The telling moment: Just after Obama suggested that the way to restore our credit rating and to overcome our debt problems...
  • Obamageddon, Barackalypse Now! Bam is "Debt Man Walking" in 2012

    08/08/2011 1:43:36 PM PDT · by Evil Slayer · 18 replies
    RushLimbaugh.com ^ | 8/8/11 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Does anybody now doubt that this is on purpose? I mean, after all, Barack Obama inherits a AAA credit rating from George W. Bush, and look what he does to it. Obama is always running around complaining and whining and moaning about all that he inherited from George W. Bush. Well, he inherited a AAA credit rating, an unemployment rate of 5.7%. Does anybody doubt that this is on purpose? Well, look, my credit rating doesn't suck. There are a lot of individual Americans whose credit ratings aren't in trouble. The United States has never been in...
  • Stocks Dive Again After Early Recovery (my title)

    08/05/2011 7:20:56 AM PDT · by CedarDave · 66 replies
    moneycentral.msn.com ^ | August 5, 2011 | moneycentral.msn.com
  • A look at the Dow's worst drops since 1899 (AP to 0bama's Rescue)

    08/04/2011 7:00:14 PM PDT · by PROCON · 31 replies
    AP ^ | Aug. 4, 2011
    The Dow Jones industrial average plunged 513 points, or 4.3 percent, to 11,384 on Thursday. Here's a look at the Dow's 10 worst days since 1899: By percent decline:
  • Why the Market is Plunging

    08/04/2011 2:53:22 PM PDT · by Evil Slayer · 29 replies
    RushLimbaugh.com ^ | 8/4/11 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Why am I here today? This always happens. Every time we have one of these national holidays, nobody tells me. I don't keep track of national holidays. Obama's birthday. I don't keep track of national holidays, nobody ever tells me, and I end up being the only person in the country working. Why is the Dow going down? Let me tell you why the Dow is going down, is because there's a story out there that said that Bernanke and Obama are out of bullets. There's a story that says Bernanke and Obama are out of bullets,...
  • S&P 500, Nasdaq, (and DOW) fall more than 4 percent

    08/04/2011 11:54:58 AM PDT · by NormsRevenge · 141 replies
    Reuters ^ | 8/4/11 | Caroline Valetkevitch
    NEW YORK (Reuters) - Investors fled stocks on Thursday, putting the S&P 500 into correction territory, as worries about the U.S. economy and European debt escalated. All three indexes were down 2 percent, having fallen more than 3 percent each at one point. Decliners beat advancers on the New York Stock Exchange by 14 to 1. "People are throwing in the towel because they can't find relief on any front. There are a lot of worries about the economy," said Milton Ezrati, market strategist at Lord Abbett Co. in Jersey City, New Jersey, which manages $110 billion in assets. The...
  • Dow Jones CEO Hinton to Resign

    07/15/2011 1:29:56 PM PDT · by library user · 20 replies
    Wall Street Journal ^ | July 15, 2011
    Just a headline so far. The war against Murdoch and FOX News continues. Hinton is the latest casualty.
  • Bold Prediction: Dow Will Top 14000 in 2012

    11/17/2010 6:45:41 AM PST · by SeekAndFind · 31 replies · 1+ views
    Forbes ^ | 11/17/2010 | Clem Chambers
    Someone has to say it: “Doomsters, you have been wrong now for nearly two years. Why not shut up?” On the one hand doomsters are very profitable for me because they represent the sentiment that makes stocks cheap for me to buy. However, on the other hand, I’m fed up with the bearish pollution sloshing around the media. Are these doomsters making money? If so, how? Of course there are problems, were problems, will be problems. But the credit crunch crash is dead and we are now healing. We will be healing for more years to come. The market will...
  • Why Dow 11,000 Is Worth a Lot Less Now Than in 2001 (What if you were paid in Silver, not USD?)

    11/12/2010 6:52:34 AM PST · by WebFocus · 6 replies
    Daily Finance ^ | 11/12/2010 | Charles Hugh Smith
    The stock market is all about nominal prices. That is, prices that aren't adjusted for inflation or what analysts call "relative performance" -- how an investment has fared when compared with competing assets. While this may seem like a parlor game, comparing how investments fare over time is a key element in portfolio management. Relative performance boils down to this: Sell assets that are historically overpriced, and buy assets that are historically underpriced. The equities industry and the financial media tend to shy away from relative-performance analyses, and a few charts help explain this reticence. But in short, when adjusted...
  • Stock Almanac Guy Predicts Dow 38,820 -- Here's Why That's Definitely Possible

    09/27/2010 9:48:10 AM PDT · by SeekAndFind · 18 replies
    Business Insider ^ | 09/27/2010 | Vincent Fernando CFA
    Uh-oh. Jeffrey Hirsch, author of the long-running 'Stock Trader's Almanac' has forecast the Dow Jones Industrial Index to hit 38,820. But the catch is that he believes the majority of future gains won't start until 2017, when we enter an eight-year super boom. So he's forecasting Dow 38,820, by 2025: Bloomberg: “All previous major economic booms and secular bull markets were driven by peace, inflation from war and crisis spending, and ubiquitous enabling technologies that created major cultural paradigm shifts and sustained prosperity,” he wrote in a press release sent with the 44th edition of the book. So he's looking...
  • The Leader Market Letter

    07/19/2010 10:47:48 AM PDT · by Patriot1259 · 1 replies
    TheCypressTimes.com ^ | 07/19/2010 | Richard Leader
    "Sign, sign everywhere a sign, Blocking out the scenery, breaking my mind, Do this, don’t do that, Can’t you read the sign?" --The Five Man Electrical Band, 1971 A big drop on Friday wiped out earlier gains in the week and left the Dow Jones Industrials down 1%. The Dow is lower by 3.2% since January 1. The S&P 500 pulled back 1.2%, its third weekly loss in the past four. NASDAQ showed a loss of 0.8%. Corporations reported quarterly earnings in earnest last week and the news has largely been good. So far, three out of four companies have...
  • Dow 50,000 In Five Years! (Got your attention? Now ignore all that investment guru nonsense)

    07/16/2010 2:12:26 PM PDT · by SeekAndFind · 21 replies
    Forbes ^ | 07/16/2010 | Richard A. Ferri
    According to one leading expert, the Dow could hit 50,000 by 2015 and 100,000 by 2020. Should you buy? Maybe. But then, another expert says the Dow could lose 90 percent of its value and close below 1,000 by year end. Oh my! Should you sell? What's a wise investor to do? A wise investor will ignore this nonsense. Wild market predictions aren't investment advice. They're grandstanding by newsletter writers and investment gurus trying to grab media attention. Sometimes I wonder if the self-proclaimed market experts who make these predictions do double duty as supermarket tabloid headline writers and come...
  • Tea With Terrorists?

    07/08/2010 5:47:20 PM PDT · by Kaslin · 14 replies · 1+ views
    IBD Editorials ^ | July 8, 2010 | Investors Business Daily staff
    Homeland Security: President Obama promised lobbyists wouldn't run his White House. They're just doing it from across the street — at a Shariah-compliant coffee chain tied to a radical jihadist group. That's right: According to the New York Times, prominent K Street lobbyists are buttonholing Obama officials at a Caribou Coffee shop on Pennsylvania Avenue, raising far more than just ethics questions. What the Times story neglects to mention is that Caribou Coffee is a Shariah-compliant firm owned by an Islamic bank based in Bahrain. One of its founders and a current adviser are leaders in the radical Muslim Brotherhood....
  • The 11-Year Itch: Still Stuck at Dow 10000 (Stock Market no better than it was 10 year ago)

    06/12/2010 11:50:30 AM PDT · by SeekAndFind · 7 replies · 502+ views
    Wall Street Journal ^ | 06/12/2010 | Jason Zweig
    Will Dow 10000 turn out to be a long replay of Dow 1000? Last week, the Dow Jones Industrial Average rose above 10000—again. Since March 16, 1999, when it first touched 10000 in intraday trading, the Dow has bounced over that threshold and back 63 times. This Friday, the index closed 219.6 points below where it stood exactly 11 years ago. This isn't the first time stocks have been stuck on a seemingly endless pogo-stick ride. On Jan. 18, 1966, the Dow hit an intraday high of 1000.50. It broke through the four-digit barrier three more times that January and...