CNN: TURN THOSE MACHINES OFF!!!!..................
Posted on 12/26/2018 12:19:40 PM PST by Candor7
Stocks rose sharply in volatile trading on Wednesday as surges in retail and energy shares helped Wall Street regain the steep losses suffered in the previous session.
The Dow Jones Industrial Average traded 657 points higher as of 3:05 p.m. ET, while the S&P 500 gained 3.05 percent. The Nasdaq Composite outperformed, rising 3.96 percent. Both the S&P 500 and Nasdaq were on track for their biggest one-day gains since Aug. 26, 2015 and erased Monday's losses. The Dow also recovered all of its losses from Monday.
(Excerpt) Read more at cnbc.com ...
"Dow soars 650 points, erases losses from worst Christmas Eve ever"
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Until the next down day.....
Well, crap. There goes ‘the worst December on record’ talking point.
No they sold off on Monday to get it down to a target value where they had the effects of quantitative easing eliminated.
...and the next recovery +++
Actually, that may still be true... for Democrats.
CNN reporters are angry will be out protesting.
Yep. I would not be surprised if there are many more down days in this correction. But the truth is ... no one really knows and can predict what the market will do. Best to just invest over decades and leave it alone.
Cynic..../S
CNN: TURN THOSE MACHINES OFF!!!!..................
Do you think that quantitative easing isn’t going to be an issue much longer and stock prices will be more in line with the markets?
Only need 5 more gains like today to get back to my 2018 highs.
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GALLUP: This Is Why Trump’s Approval Ratings Are Unprecedented and Stable
http://www.freerepublic.com/focus/chat/3715124/posts?page=9#9
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They can’t make a dent in President Trump. If anything they are just polishing his image to a finer gloss.
Out riding our MC’s yesterday, I saw a ‘Bernie 2020’ bumper sticker.........Millennial Female driver..............
Updated moments ago:
Dow soars 800 points
(Paging Matt Drudge)
Can't remember the amount of times I've been told that I am a fool for being in the stock market. Get out now! they say. Convert to gold, they crow. Better off stuffing it in a mattress, they bray.
Otherwise you will get your "comeuppance" they lecture.
What they don't realize is that even if the market drops 90% in value, I will still be better off than had I put all my extra money into a savings account that only yields around 2% interest a year.
Weeeeeee Haaaawwww!
Up 860 now.
The stock market is a vehicle that transfers the wealth from the impatient to the patient.
Oh, must be the Obama policies kicking in.
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