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DOW 25,000..... BOOM!!!


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2018 Jan 4, 7:32am   3,721 views  13 comments

by MrMagic   ➕follow (2)   💰tip   ignore  

The Dow crossed 25,000 for the first time in history shortly after the opening bell, a move that comes just 23 trading days after it first closed above 24,000.

If it closes above 25,000, it will mark the fastest such move between 1,000 point milestones in history (albeit a feat that’s less impressive on a percentage basis as the gauge climbs ever higher).

Moreover, it would cement a positive start to 2018 following a remarkable 2017 rally that saw the blue-chip gauge cross 20,000 in January and proceed from record to record with no major pullbacks. The Dow notched 71 record closes in 2017, topping the previous record of 69 set in 1995.



https://www.marketwatch.com/story/dow-25k-heres-what-it-says-about-the-stock-market-2018-01-04
#economics

Comments 1 - 13 of 13        Search these comments

1   MisdemeanorRebel   2018 Jan 4, 8:18am  

Strong Growth is no longer possible, but if we raise the H1-B Cap to 300,000, pass DACA, and kiss China's ass, maybe we can get 1.5% It's the responsible thing to do!!

Dow just crashes through 25,000. Congrats! Big cuts in unnecessary regulations continuing.

— Donald J. Trump (@realDonaldTrump) January 4, 2018

2   Strategist   2018 Jan 4, 8:25am  

We all know how our socialist friends feel about the Dow 25,000. Wonder how Obama feels.
3   RWSGFY   2018 Jan 4, 8:46am  

Strategist says
We all know how our socialist friends feel about the Dow 25,000. Wonder how Obama feels.


He sold his holdings and went into cash loooooong time ago....
4   zzyzzx   2018 Jan 4, 8:53am  

It's all Trumps fault!!!
5   anonymous   2018 Jan 4, 8:56am  

That’s odd because the same people that have Trump Dick Sucking Syndrome were the ones crying foul about how everything was doomed and ripe for crash for the past decade since the last crash.

It makes sense why all the hooting and hollering now, I’m tipping many of them don’t actually own equities so they missed the yuge 100% + run ups of the Obama era, which explains why they’re so surprised by 30% gains of the past year...
6   MisdemeanorRebel   2018 Jan 4, 9:08am  

errc says
It makes sense why all the hooting and hollering now, I’m tipping many of them don’t actually own equities so they missed the yuge 100% + run ups of the Obama era, which explains why they’re so surprised by 30% gains of the past year...


You mean the slow crawl back to where it was. It took most of Bush's and Obama's Presidency.
http://money.cnn.com/2015/04/23/investing/nasdaq-record-closing-high/index.html
15 years of Neocon-libs to get back to March 2000 levels.

Now Trump is pushing it to the Limit.
www.youtube.com/embed/9D-QD_HIfjA
9   anonymous   2018 Jan 4, 11:49am  

Rising prices for a particular type of asset don’t necessarily indicate a stronger economy. Refer to 2000 and 2006 bubbles for a much needed memory refreshment.
10   anonymous   2018 Jan 4, 11:49am  

If people move money from one type of investment to another, how is that an improvement of GDP? It isn’t.
11   Booger   2018 Jan 4, 2:32pm  

Sniper says
I guess he'll still have to drive for UBER so he can pay his utility bills and keep the lights on.


He's married to a rich lawyer, he'll be fine.
12   anonymous   2018 Jan 4, 3:31pm  

Sniper says
He wrote that thread 10 DAYS after Trump won


Gee whiz, it's almost as if who's elected president matters!
13   Strategist   2018 Jan 4, 7:37pm  

anon_25c83 says

Gee whiz, it's almost as if who's elected president matters!


It doesn't matter who is President, as long as it is Trump.

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