Stocks surge to Record Close, have best start to a year since 2003
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2018 Jan 12, 1:09pm 16,272 views 54 comments
Comments 1 - 40 of 54 Next » Last » Search these comments
1
Strategist
2018 Jan 12, 6:21pm
Strategist
2018 Jan 12, 6:21pm
Thanks Trump.
Those who felt Trump would be a disaster for the economy and stocks, would have blamed Trump if stocks had crashed. Now that stocks have rocketed upwards, you cannot give credit to Obama.
Those who felt Trump would be a disaster for the economy and stocks, would have blamed Trump if stocks had crashed. Now that stocks have rocketed upwards, you cannot give credit to Obama.
2
WatermelonUniversity
2018 Jan 12, 9:43pm
WatermelonUniversity
2018 Jan 12, 9:43pm
apparently Trump supporters missed the email on Venezuela's stock market.
3
bob2356
2018 Jan 13, 6:56am
The worlds markets did better. Why is trump not keeping up with all the socialist countries?
4
Strategist
2018 Jan 13, 9:54am
Strategist
2018 Jan 13, 9:54am
BorderPatrol says
Didn't know Venezuela still had a stock market.
bob2356 says
You mean like Venezuela, Cuba, and North Korea.
apparently Trump supporters missed the email on Venezuela's stock market.
Didn't know Venezuela still had a stock market.
bob2356 says
The worlds markets did better. Why is trump not keeping up with all the socialist countries?
You mean like Venezuela, Cuba, and North Korea.
5
anonymous
2018 Jan 13, 12:27pm
Strategist says
No not those shit holes. He was probably talking about China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium.
BorderPatrol saysapparently Trump supporters missed the email on Venezuela's stock market.
Didn't know Venezuela still had a stock market.
bob2356 saysThe worlds markets did better. Why is trump not keeping up with all the socialist countries?
You mean like Venezuela, Cuba, and North Korea.
No not those shit holes. He was probably talking about China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium.
6
anonymous
2018 Jan 13, 9:03pm
BorderPatrol says
Got much money invested in it?
apparently Trump supporters missed the email on Venezuela's stock market.
Got much money invested in it?
7
Strategist
2018 Jan 14, 10:50am
Strategist
2018 Jan 14, 10:50am
anon_13ce6 says
So he was talking about countries that practice capitalism.
bob2356 saysThe worlds markets did better. Why is trump not keeping up with all the socialist countries?
You mean like Venezuela, Cuba, and North Korea.
No not those shit holes. He was probably talking about China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium.
So he was talking about countries that practice capitalism.
8
anonymous
2018 Jan 14, 11:57am
Strategist says
No socialism.
http://blog.peerform.com/top-ten-most-socialist-countries-in-the-world/
anon_13ce6 saysbob2356 saysThe worlds markets did better. Why is trump not keeping up with all the socialist countries?
You mean like Venezuela, Cuba, and North Korea.
No not those shit holes. He was probably talking about China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium.
So he was talking about countries that practice capitalism.
No socialism.
http://blog.peerform.com/top-ten-most-socialist-countries-in-the-world/
11
RWSGFY
2018 Jan 14, 3:00pm
RWSGFY
2018 Jan 14, 3:00pm
anon_362aa says
"Life in China remains relatively less stressful and more relaxed than life in capitalist countries like America."
Right.
Strategist saysanon_13ce6 saysbob2356 saysThe worlds markets did better. Why is trump not keeping up with all the socialist countries?
You mean like Venezuela, Cuba, and North Korea.
No not those shit holes. He was probably talking about China, Denmark, Finland, Netherlands, Canada, Sweden, Norway, Ireland, New Zealand and Belgium.
So he was talking about countries that practice capitalism.
No socialism.
http://blog.peerform.com/top-ten-most-socialist-countries-in-the-world/
"Life in China remains relatively less stressful and more relaxed than life in capitalist countries like America."
Right.
12
anonymous
2018 Jan 25, 8:47am
Strategist says
Up another 164 points at mid day, more Record territory!!
Now that stocks have rocketed upwards,
Up another 164 points at mid day, more Record territory!!
13
anonymous
2018 Jan 25, 1:11pm
Dow pops more than 140 points, closes at record after Caterpillar and 3M earnings.
The Dow Jones industrial average hit an all-time high on Thursday on the back of stronger-than-expected quarterly results from Caterpillar and 3M.
"The numbers companies are releasing, along with the upbeat views from executives, is helping analysts lift their estimates and that's helping stocks advance," said Mark Luschini, chief investment strategist at Janney. "You [also] have strong U.S. and overseas economic growth, and that is supportive for stocks."
"This is going to be earnings-driven for the next couple of weeks," said Tim Dreiling, regional investment director at U.S. Bank Wealth Management. "Thus far, it's been terrific news."
Calendar fourth-quarter earnings and sales have mostly beat analyst expectations thus far. Of the companies that have reported quarterly results, 78 percent have beaten earnings expectations, while 82 percent have surpassed revenue estimates, according to Thomson Reuters I/B/E/S.
https://www.cnbc.com/2018/01/25/us-stocks-caterpillar-3m-earnings.html
The Dow Jones industrial average hit an all-time high on Thursday on the back of stronger-than-expected quarterly results from Caterpillar and 3M.
"The numbers companies are releasing, along with the upbeat views from executives, is helping analysts lift their estimates and that's helping stocks advance," said Mark Luschini, chief investment strategist at Janney. "You [also] have strong U.S. and overseas economic growth, and that is supportive for stocks."
"This is going to be earnings-driven for the next couple of weeks," said Tim Dreiling, regional investment director at U.S. Bank Wealth Management. "Thus far, it's been terrific news."
Calendar fourth-quarter earnings and sales have mostly beat analyst expectations thus far. Of the companies that have reported quarterly results, 78 percent have beaten earnings expectations, while 82 percent have surpassed revenue estimates, according to Thomson Reuters I/B/E/S.
https://www.cnbc.com/2018/01/25/us-stocks-caterpillar-3m-earnings.html
14
anonymous
2018 Jan 26, 9:03am
Dow rises 100 points, hits record on better-than-expected earnings, continuing economic growth.
U.S. stocks traded higher on Friday as quarterly earnings top estimates, while the economy continues to grow.
The Dow Jones industrial average rose 100 points and hit a record. The S&P 500 gained 0.5 percent, with tech and health care as the best-performing sectors, and also reached an all-time high. The Nasdaq composite advanced 0.7 percent.
Overall, this earnings season have been strong thus far. Of the S&P 500 companies that have reported as of Friday morning, 77 percent have reported-better-than-expected earnings while 79 percent have surpassed sales estimates, according to data from FactSet.
"The beat rates and growth rates are as good as we have measured for these 133 companies in any earnings season over the past five years," said Nick Raich, CEO of The Earnings Scout, in a note. "Most importantly, 1Q 2018 EPS estimates are rising and that is the first time we have seen aggregate S&P 500 EPS estimates going higher in any earnings season in seven years."
Meanwhile, U.S. durable goods orders rose 2.9 percent in December, according to the Commerce Department. Economists expected an increase of 0.8 percent.
https://www.cnbc.com/2018/01/26/us-stocks-gdp-economy-trump.html
Maybe it's time to:
U.S. stocks traded higher on Friday as quarterly earnings top estimates, while the economy continues to grow.
The Dow Jones industrial average rose 100 points and hit a record. The S&P 500 gained 0.5 percent, with tech and health care as the best-performing sectors, and also reached an all-time high. The Nasdaq composite advanced 0.7 percent.
Overall, this earnings season have been strong thus far. Of the S&P 500 companies that have reported as of Friday morning, 77 percent have reported-better-than-expected earnings while 79 percent have surpassed sales estimates, according to data from FactSet.
"The beat rates and growth rates are as good as we have measured for these 133 companies in any earnings season over the past five years," said Nick Raich, CEO of The Earnings Scout, in a note. "Most importantly, 1Q 2018 EPS estimates are rising and that is the first time we have seen aggregate S&P 500 EPS estimates going higher in any earnings season in seven years."
Meanwhile, U.S. durable goods orders rose 2.9 percent in December, according to the Commerce Department. Economists expected an increase of 0.8 percent.
https://www.cnbc.com/2018/01/26/us-stocks-gdp-economy-trump.html
Maybe it's time to:
16
Strategist
2018 Jan 26, 9:13am
Strategist
2018 Jan 26, 9:13am
Goran_K says
She is trying to look pretty. Ends up looking even more stupid.
What's up with Maxine Waters profile pic, is she trying to smile?
She is trying to look pretty. Ends up looking even more stupid.
17
fdhfoiehfeoi
2018 Jan 26, 9:14am
fdhfoiehfeoi
2018 Jan 26, 9:14am
Has anyone looked at the 5 year for DJI? This will not end well...
18
Shaman
2018 Jan 26, 9:31am
Shaman
2018 Jan 26, 9:31am
With all the trillions returning from offshore corporate bank accounts (due to tax amnesty rate) building and infrastructure are going to be BOOMing! That means investment in equipment at unprecedented levels, which means boom time for American companies which provide such things (like Caterpillar).
Good times ahead!
Good times ahead!
19
mell
2018 Jan 26, 10:29am
NuttBoxer says
Before Trump I'd have agreed with you, and while eventually like always there will be a big correction Trump and his pro free market policies changed the outlook to very positive. I think Dow 30k is in reach before a correction. I have been neutral-to-bearish and predicted sideways market movements mostly, but that was before the Trump election, tax cuts etc. Cannot fathom a crash at this point.
Has anyone looked at the 5 year for DJI? This will not end well...
Before Trump I'd have agreed with you, and while eventually like always there will be a big correction Trump and his pro free market policies changed the outlook to very positive. I think Dow 30k is in reach before a correction. I have been neutral-to-bearish and predicted sideways market movements mostly, but that was before the Trump election, tax cuts etc. Cannot fathom a crash at this point.
20
anonymous
2018 Jan 26, 12:47pm
mell says
I agree, 30K is not that far away. Some major players in the finance arena are saying the same thing, 2018 will be a good year, all economies around the world are growing.
Get on the bus before it leaves the station!
I think Dow 30k is in reach before a correction. I have been neutral-to-bearish and predicted sideways market movements mostly, but that was before the Trump election, tax cuts etc. Cannot fathom a crash at this point.
I agree, 30K is not that far away. Some major players in the finance arena are saying the same thing, 2018 will be a good year, all economies around the world are growing.
Get on the bus before it leaves the station!
21
anonymous
2018 Jan 26, 12:48pm
Quigley says
What most people don't realize is where Trump came from. He did BIG business deals for decades in the TOUGHEST business market around, New Your City. If you can make things happen and be successful in that environment, all that experience will translate to making the US economy improve, YYUUGGEEELY.
If you've never worked or had to deal with all the crap in NYC, you won't be able to even fathom what the business climate is like in the 5 boroughs.
With all the trillions returning from offshore corporate bank accounts (due to tax amnesty rate) building and infrastructure are going to be BOOMing! That means investment in equipment at unprecedented levels, which means boom time for American companies which provide such things (like Caterpillar).
What most people don't realize is where Trump came from. He did BIG business deals for decades in the TOUGHEST business market around, New Your City. If you can make things happen and be successful in that environment, all that experience will translate to making the US economy improve, YYUUGGEEELY.
If you've never worked or had to deal with all the crap in NYC, you won't be able to even fathom what the business climate is like in the 5 boroughs.
23
anonymous
2018 Jan 26, 2:18pm
Major stock indexes close at records as economy remains in growth mode.
All main stock benchmarks finished at records on Friday as latest data indicated the economy steadily expanded even if growth fell short of expectations. Robust earnings also supported stocks with health-care and tech shares leading the gains.
The Dow Jones Industrial Average gained 219 points, or 0.8%, to 26,612 to rise 2.1% for the week. The S&P 500 added 32 points, or 1.2%, to 2,872 for a weekly gain of 2.2% while the Nasdaq Composite Index climbed 94 points, or 1.3%, to 7,505, up 2.3% for the week.
https://www.marketwatch.com/story/major-stock-indexes-close-at-records-as-economy-remains-in-growth-mode-2018-01-26
All main stock benchmarks finished at records on Friday as latest data indicated the economy steadily expanded even if growth fell short of expectations. Robust earnings also supported stocks with health-care and tech shares leading the gains.
The Dow Jones Industrial Average gained 219 points, or 0.8%, to 26,612 to rise 2.1% for the week. The S&P 500 added 32 points, or 1.2%, to 2,872 for a weekly gain of 2.2% while the Nasdaq Composite Index climbed 94 points, or 1.3%, to 7,505, up 2.3% for the week.
https://www.marketwatch.com/story/major-stock-indexes-close-at-records-as-economy-remains-in-growth-mode-2018-01-26
24
Strategist
2018 Jan 26, 7:56pm
Strategist
2018 Jan 26, 7:56pm
anon_d624b says
Every week seems to end in a record high. This is truly unbelievable.
I wonder what the stocks would have done if Hillary was President? My guess, it would have gone up 2% at the most.
Major stock indexes close at records as economy remains in growth mode.
All main stock benchmarks finished at records on Friday as latest data indicated the economy steadily expanded even if growth fell short of expectations. Robust earnings also supported stocks with health-care and tech shares leading the gains.
The Dow Jones Industrial Average gained 219 points, or 0.8%, to 26,612 to rise 2.1% for the week. The S&P 500 added 32 points, or 1.2%, to 2,872 for a weekly gain of 2.2% while the Nasdaq Composite Index climbed 94 points, or 1.3%, to 7,505, up 2.3% for the week.
Every week seems to end in a record high. This is truly unbelievable.
I wonder what the stocks would have done if Hillary was President? My guess, it would have gone up 2% at the most.
25
FortWayne
2018 Jan 26, 9:08pm
FortWayne
2018 Jan 26, 9:08pm
Under SJW Hillary? We'd just have more empowered crazy feminists and other nuts parading the streets, economy would be stagnating, and more gender related crap on tv.
26
anonymous
2018 Jan 26, 9:39pm
Strategist says
Trump says the stock market would have been down 50% had Clinton won.
President Donald Trump told CNBC that if Hillary Clinton had won the 2016 presidential election, the stock market would have been cut in half.
Trump said Thursday in the exclusive interview from the World Economic Forum in Davos, Switzerland:
"Had the Democrat won — the stock market is up almost 50 percent since my election — had the Democrat won, I believe you would have been down 50. That's the direction we were headed. And you know, a lot of that, regulation. It was staggering. You could not do anything."
The stock market has had a historic run since Trump's election in November 2016. The Dow Jones industrial average has climbed 44 percent since then, notching scores of all-time highs along the way.
https://www.cnbc.com/2018/01/26/trump-says-the-stock-market-would-have-been-down-50-percent-had-clinton-won.html
I wonder what the stocks would have done if Hillary was President? My guess, it would have gone up 2% at the most.
Trump says the stock market would have been down 50% had Clinton won.
President Donald Trump told CNBC that if Hillary Clinton had won the 2016 presidential election, the stock market would have been cut in half.
Trump said Thursday in the exclusive interview from the World Economic Forum in Davos, Switzerland:
"Had the Democrat won — the stock market is up almost 50 percent since my election — had the Democrat won, I believe you would have been down 50. That's the direction we were headed. And you know, a lot of that, regulation. It was staggering. You could not do anything."
The stock market has had a historic run since Trump's election in November 2016. The Dow Jones industrial average has climbed 44 percent since then, notching scores of all-time highs along the way.
https://www.cnbc.com/2018/01/26/trump-says-the-stock-market-would-have-been-down-50-percent-had-clinton-won.html
28
anonymous
2018 Jan 27, 9:18am
BayArea says
anon_d624b says
There are a few here that like to call him a "trust fund baby", but the reality is, he took millions in inheritance and turned it into a multi-BILLION dollar company, in the toughest area in the country to do business.
I wouldn't bet against that either.
Every time I bet against Trump I lose.
anon_d624b says
What most people don't realize is where Trump came from. He did BIG business deals for decades in the TOUGHEST business market around, New York City. If you can make things happen and be successful in that environment, all that experience will translate to making the US economy improve, YYUUGGEEELY.
There are a few here that like to call him a "trust fund baby", but the reality is, he took millions in inheritance and turned it into a multi-BILLION dollar company, in the toughest area in the country to do business.
I wouldn't bet against that either.
29
Strategist
2018 Jan 27, 2:26pm
Strategist
2018 Jan 27, 2:26pm
anon_e142a says
Good thing Trump won. I hate being poor. It sucks.
Strategist saysI wonder what the stocks would have done if Hillary was President? My guess, it would have gone up 2% at the most.
Trump says the stock market would have been down 50% had Clinton won.
President Donald Trump told CNBC that if Hillary Clinton had won the 2016 presidential election, the stock market would have been cut in half.
Trump said Thursday in the exclusive interview from the World Economic Forum in Davos, Switzerland:
"Had the Democrat won — the stock market is up almost 50 percent since my election — had the Democrat won, I believe you would have been down 50. That's the direction we were headed. And you know, a lot of that, regulation. It was staggering. You could not do anything."
The stock market has had a historic run since Trump's election in November 2016. The Dow Jones industrial average has climbed 44 percent since then, notching scor...
Good thing Trump won. I hate being poor. It sucks.
30
fdhfoiehfeoi
2018 Jan 29, 2:30pm
fdhfoiehfeoi
2018 Jan 29, 2:30pm
mell says
What's fundamentally changed about our economy that makes you say that?
Are dollars backed by gold and silver again?
Has the Federal Reserve stopped printing ad-nauseam?
Did we write-off the national debt?
Has the federal government agreed to halt all spending until the national debt is re-paid?
I haven't looked into Trump's changes, so I'm not sure if they actually do encourage free market or not. But even if they do, without the removal of those economic pillars I just listed, all they will be is too little, too late. Physics, math, and the free market all tell us economies that operate this way will not end well, and cannot recover without a correction, in this case severe. After which the mechanism that caused said boom-bust cycle must cease to operate, entirely.
I'm not calling Trump a clown, but this is just bread and circus's, prolonging the inevitable.
Before Trump I'd have agreed with you
What's fundamentally changed about our economy that makes you say that?
Are dollars backed by gold and silver again?
Has the Federal Reserve stopped printing ad-nauseam?
Did we write-off the national debt?
Has the federal government agreed to halt all spending until the national debt is re-paid?
I haven't looked into Trump's changes, so I'm not sure if they actually do encourage free market or not. But even if they do, without the removal of those economic pillars I just listed, all they will be is too little, too late. Physics, math, and the free market all tell us economies that operate this way will not end well, and cannot recover without a correction, in this case severe. After which the mechanism that caused said boom-bust cycle must cease to operate, entirely.
I'm not calling Trump a clown, but this is just bread and circus's, prolonging the inevitable.
31
RWSGFY
2018 Feb 2, 12:20pm
RWSGFY
2018 Feb 2, 12:20pm
anonymous says
Yes, people are cashing out their 401k's to take advantage of the yuuuuge Bitcoin buying opportunity!!!
Dow industrials poised for nearly 1,000-point weekly drop—biggest weekly setback in 2 years
S&P 500 on track for worst weekly decline in 2 years
All 30 Dow stocks are in the red as index dives 550 points
Yes, people are cashing out their 401k's to take advantage of the yuuuuge Bitcoin buying opportunity!!!
32
MrMagic
2018 Feb 2, 1:37pm
MrMagic
2018 Feb 2, 1:37pm
anonymous says
Yes
Sell, Sell, Sell.... EJECT, EJECT EJECT, a 1000 point drop, Wall Street traders are jumping off of buildings!!!!
One year DOW chart:
Wait, False alarm.....
anonymous says
He should, don't those returns over the last year look wonderful?
anonymous says
Absolutely, Which year of Obama's 8 did we get returns like that?
Dow industrials poised for nearly 1,000-point weekly drop—biggest weekly setback in 2 years
S&P 500 on track for worst weekly decline in 2 years
All 30 Dow stocks are in the red as index dives 550 points
Yes
Sell, Sell, Sell.... EJECT, EJECT EJECT, a 1000 point drop, Wall Street traders are jumping off of buildings!!!!
One year DOW chart:
Wait, False alarm.....
anonymous says
IS THIS THE DOTARD GOING TO TAKE CREDIT FOR THIS AS WELL ?
He should, don't those returns over the last year look wonderful?
anonymous says
Can we hear a big round of MAGA and WINNING now with the appropriate tweet from the Dotard congratulating himself on the performance of the market ?
Absolutely, Which year of Obama's 8 did we get returns like that?
33
lostand confused
2018 Feb 2, 1:42pm
lostand confused
2018 Feb 2, 1:42pm
I wonder if it will head back to 22,000 or 23, 000 or even 19,000?
34
HeadSet
2018 Feb 2, 1:44pm
HeadSet
2018 Feb 2, 1:44pm
Politics aside, are any of you going to see this a a buying opportunity?
I suspect that Monday morning may be a good time to buy before the market goes back up. I am eyeing two stocks that are now at their 52 week lows.
I suspect that Monday morning may be a good time to buy before the market goes back up. I am eyeing two stocks that are now at their 52 week lows.
35
MrMagic
2018 Feb 2, 1:46pm
MrMagic
2018 Feb 2, 1:46pm
lostand confused says
There hasn't been a 5% or 10% correction for quite a while, it's been overdue. Plus, the financial markets have been waiting for the end of the current business cycle, which is two years over due too..
I wonder if it will head back to 22,000 or 23, 000 or even 19,000?
There hasn't been a 5% or 10% correction for quite a while, it's been overdue. Plus, the financial markets have been waiting for the end of the current business cycle, which is two years over due too..
36
lostand confused
2018 Feb 2, 1:46pm
lostand confused
2018 Feb 2, 1:46pm
HeadSet says
I don't know, I think ti went up too fast.
I am thinking 22,000 or 23,000 maybe a floor before it goe sup again-but what do I know :)
Politics aside, are any of you going to see this a a buying opportunity?
I suspect that Monday morning may be a good time to buy before the market goes back up. I am eyeing two stocks that are now at their 52 week lows.
I don't know, I think ti went up too fast.
I am thinking 22,000 or 23,000 maybe a floor before it goe sup again-but what do I know :)
37
MrMagic
2018 Feb 2, 1:55pm
MrMagic
2018 Feb 2, 1:55pm
HeadSet says
That would depend what sectors/industry they are in. If they're related to the new tax plan and where the economy will benefit, it could be a good choice.
I am eyeing two stocks that are now at their 52 week lows.
That would depend what sectors/industry they are in. If they're related to the new tax plan and where the economy will benefit, it could be a good choice.
38
RWSGFY
2018 Feb 2, 2:25pm
RWSGFY
2018 Feb 2, 2:25pm
anonymous says
All the smart kids.
Wonder how many have taken out loans against whatever including their homes, maxed out credit cards to buy Bitcoin or some other crypto currency
All the smart kids.
39
anonymous
2018 Feb 2, 3:20pm
anonymous says
What spin? What technical help is needed? Market went up 35% the last year and dropped 5%?
Seems pretty clear, right?
Does the spin cycle ever stop or should some technical help be called in ?
What spin? What technical help is needed? Market went up 35% the last year and dropped 5%?
Seems pretty clear, right?
40
MrMagic
2018 Jun 26, 6:35am
MrMagic
2018 Jun 26, 6:35am
Feux Follets says
No SPIN, just FACTS... (Facts, those pesky things the Liberals hate).
Any Questions?
Cue the spin machine...
No SPIN, just FACTS... (Facts, those pesky things the Liberals hate).
Any Questions?
Comments 1 - 40 of 54 Next » Last » Search these comments
The Dow Jones industrial average rose 197 points to an all-time high. J.P. Morgan Chase was among the best-performing stocks in the index, rising 1.1 percent.
The S&P 500 reached a record high, climbing 0.6 percent with industrials and consumer discretionary as the best-performing sectors.
The index was also enjoying its best 10-day start to a year since 2003. In that time period, the S&P 500 is up 4 percent. It gained 5.9 percent during the first 10 days of 2003.
The Nasdaq composite traded 0.6 percent higher and also hit an all-time high. Amazon shares rose 2.1 percent and broke above $1,300 for the first time.
https://www.cnbc.com/2018/01/12/us-stocks-earnings-season-dow-jp-morgan.html
#economics