A glorious day for capitalism and the current administration that might not quiet the concerns of critics. As Prez Trump secretly visited the troops over the holiday, markets rebounded in a tech rally in spite of the ongoing government shut down and food stamp harsh times. Checkit:
Dow Leads Market Rally, Jumps 1,000 Points Following Christmas Eve Decline
Markets had their worst Christmas Eve session of all time Wednesday as turmoil in Washington weighs on markets. The Dow Jones Industrial Average dropped more than 600 points in its previous session. Asian markets were affected by the U.S. selloff, with the Nikkei in Japan dropping 4% over the past two sessions.
It wasn't quite a crash but I see where you're coming from. The rally today was important because it put a lot of concerns to rest. No arguing with success.
ReplyDeleteSuccess is awesome!
ReplyDeleteDont tell the KCMO liberal socialists of the huge gains today. For once they dont know how to make money in the markets, and secondly they wont believe anything positive.
ReplyDeleteToday was nothing but a dead-cat bounce off of the 200-week moving averages for many major indices. Also boosting stocks was reduced tax-loss sales and a major rebalance by pension funds. This bear won't end until the SPX is down 40% from the summer highs.
ReplyDeleteThat Trump man is just amazing. He can leap tall buildings at a single bound and just the fact he's out of the country can cause such irrational exuberance that people just can't wait to celebrate! But wait--is he staying out of the country?
ReplyDelete4:17, LOL - that was a good one...and amen to that sentiment, by the way :-)
ReplyDeleteTrump still playing the Dems like a set of used bongos.
ReplyDeleteThe rally had nothing to do with tech.
ReplyDelete^^^^ The rally was led by Amazon after they announced a record holiday. That's a tech company. Amazon shares bounced nearly 6% today. Sorry you don't know your market @4:31.
ReplyDeleteSUCK-Sess.
ReplyDeleteAgree with the dead cat comment.
@4:35 The bounce was caused by pensions funds which waited until the very last minute to buy up to $64 billion in stocks as part of their quarter-end rebalancing idiot.
ReplyDeleteYou bond heavy rube @4:37. Good luck in the market of the nineteen eighties.
DeleteSo Amazon claimed a good holiday season selling it's made in china spying gadgets.
ReplyDeleteLOL
Why can’t people just be happy America is becoming great again?
ReplyDelete^^^^America was always great dumbass.
ReplyDelete^^^^^ +1
ReplyDeleteMarkets still negative for the year.
ReplyDelete401Ks still down by double digits in 2018.
Trump has no idea what he's doing and it's wreaking the country. Big debts, no budgets, closed government, and troops on the Mexican border during the holidays for a made up crisis while surrendering in the Middle East and North Korea keeps making weapons.
Bitching and moaning incoherently about the Fed and minority Democrats on twitter is not leading, but go ahead and keep celebrating this traitorous idiot.
^^^ just stfu already, you are the traitorous idiot, President Trump is a hero!
ReplyDeleteProfit taking before the end of year. Nothing else. Happens always. Get on the bandwagon.
ReplyDelete5:56 it wasn’t when Obama was president, he almost wiped us off the face of the earth
ReplyDeleteA^^^^Almodt wiped us off the planet?!? God, why are old, white people the dumbest people on the face of the earth?
ReplyDelete4:01 you are correct. The market will be a slow burn over the next few years. The day trading.they will not hold on to the stocks for long .They will be shorting them in the near future for profit
ReplyDeleteThe rally was because the dottard-in-chief was out of the country and might not return; that would be good for the economy.
ReplyDeleteConversely, when the dolt returns to the US, stocks will revert to their previous downward trend.
9:06 Poor baby, Trump derangement syndrome is ruining your life.
ReplyDelete6:39 quit being a grammar queen dipshit.
6:39 “Almodt wiped us off the planet?!? God, why are old, white people the dumbest people on the face of the earth?”
ReplyDeleteDid you know that almost is not spelled with a “d”.
Why do we have to put up with you people?!?
If I took $4000+ from your bank account,
ReplyDeletethen gave you $1000 back and called that a "spike",
would you still be celebrating your "spike"?
Trump is going to prison
^^^ Poor baby, Trump derangement syndrome is ruining your life.
ReplyDeleteThere is a cure, join us in our victory march to another victorious win in 2020, MAGA!
^^^ Russian bot.
ReplyDeleteIgnores reality and responds with mindless meme quotes.
In the meantime, enjoy your smaller 401Ks and Trump crash.
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Markets down 550 points so far today. Good job Trump!
ReplyDelete