Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Stocks roar to fresh records as new year kicks off
marketwatch.com ^ | January 2, 2020 | By William Watts, MarketWatch, Andrea Riquier

Posted on 01/02/2020 10:41:20 AM PST by John W

U.S. stock indexes surged on the first trading day of 2020, with bulls looking to build on the best year for the S&P 500 since 2013 as global equities rallied on a move by China’s central bank aimed at stimulating the country’s economy.

(Excerpt) Read more at apple.news ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS:

1 posted on 01/02/2020 10:41:20 AM PST by John W
[ Post Reply | Private Reply | View Replies]

To: John W

More bad news for Democrats in 2020.


2 posted on 01/02/2020 10:42:54 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 1 | View Replies]

To: goldstategop

Jobless claims fell by 2,000 to 222,000 in the week ended Dec. 28, according to Labor Department figures released Thursday.

The third straight drop in filings underscores recent signs of strength in the labor market. Companies may be less likely to let employees go amid an elevated level of job openings and difficulty attracting talented and experienced personnel.


3 posted on 01/02/2020 10:48:19 AM PST by Conserv ( b)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Conserv

Democrats can’t even run against the economy! Geez.


4 posted on 01/02/2020 10:49:21 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 3 | View Replies]

To: John W

I like nothing more than the image of liberal heads exploding.

They are going to be watching the DOW every minute, and the second it goes down, they all will sound the “recession” alarm, hoping that the cry alone will precipitate a recession, or worse. They are ready. They know exactly what to say and do.

Add that to the list of liberal failures:
Russia “investigation”
Müller report
Trash Kavanaugh
Trash Gorsuch
Wet bed gate.
Stormy HO gate.
Electing hillary.
Impeachment.
Ukraine gate
Recession


5 posted on 01/02/2020 10:59:05 AM PST by I want the USA back (If free speech is taken away, dumb and silent we are led, like sheep to the slaughter: G Washington)
[ Post Reply | Private Reply | To 1 | View Replies]

To: John W

Let’s hope the gains hold until the closing bell....then it is a definite positive sign that will not be reported.


6 posted on 01/02/2020 11:00:13 AM PST by Erik Latranyi (The Democratic Party is communism)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Erik Latranyi

Still headed up.


7 posted on 01/02/2020 11:45:22 AM PST by John W (Trump/Pence 2020)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Erik Latranyi

Still headed up.


8 posted on 01/02/2020 11:45:27 AM PST by John W (Trump/Pence 2020)
[ Post Reply | Private Reply | To 6 | View Replies]

To: I want the USA back

And the fictitious Benghazi 2.


9 posted on 01/02/2020 11:51:49 AM PST by GnuThere
[ Post Reply | Private Reply | To 5 | View Replies]

To: John W

Bully...

DJIA now at 28,794.74 up +256.30


10 posted on 01/02/2020 12:52:37 PM PST by DoughtyOne (The Leftistist media and particularly CNN NEWS should come with a ten day supply of Cipro.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: DoughtyOne

Dow closed up +330.36 or +1.16% at 28,868.80

All indexes up.

About 50% of the time, the first day trading sets the tone for the year.


11 posted on 01/02/2020 1:14:59 PM PST by Erik Latranyi (The Democratic Party is communism)
[ Post Reply | Private Reply | To 10 | View Replies]

To: John W

Rats keep hoping for a recession


12 posted on 01/02/2020 1:20:10 PM PST by yldstrk (Bingo! We have a winner!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Erik Latranyi

Thanks. That’s great. I agree with your take on it too.

Would love to see it barrel through 29,000 tomorrow, and let the anarchists have a weekend to wallow in that.


13 posted on 01/02/2020 1:24:23 PM PST by DoughtyOne (The Leftistist media and particularly CNN NEWS should come with a ten day supply of Cipro.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: DoughtyOne

If you think it went up big today because Trump will sign the Phase 1 Trade Deal with China, then just wait until Trump defeats the communist candidate the Democrats put up.

That will be the day the market rallies like crazy!


14 posted on 01/02/2020 1:29:17 PM PST by Erik Latranyi (The Democratic Party is communism)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Erik Latranyi

I get your point and agree to an extent, but I am amazed at the market’s ability to see reality before it takes place.

The day before the 2016 general election, the market went bonkers. It had figure the election out.

It didn’t go bonkers because it thought Hillary was going to win, or it would have corrected the weeks after the election. No, it had it right, and it continued to grow knowing good economic times were just ahead.

So yes, I agree beating the Communist opponent will be good for the market, but I think the market will have calculated that in as much as months prior.

We may still see a good day right after the election, but I suspect it would not be as big as any of us might think.

Now if something did happen, and Trump were defeated somehow, that would just knock the stuffing out of the markets > IMO.

Markets can’t figure in rigged elections.


15 posted on 01/02/2020 1:45:46 PM PST by DoughtyOne (The Leftistist media and particularly CNN NEWS should come with a ten day supply of Cipro.)
[ Post Reply | Private Reply | To 14 | View Replies]

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.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson