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I called this last week. When "Investors" run up the markets like this, there's NO NEED for QE. Don't investors know you can't trust the Government's words anymore when trying to bet on the stock market? It's all B.S., damage control, and just words to shut everyone's mouths into THINKING they're gonna do anything a...more
With the stocks rallying so much like this, if the gains continue to hold, the Federal Reserve will see no reason to do another around of stimulus, and the ECB talk sounds just like that, talk. It's been the SAME situation detriorating month after month, yet they do nothing because they know "investors" will rally on ...more
I just noticed something....At the stock opening, you saw this....
The Dow Jones Industrial Average was up by 67 points, at 12,762.
Then 15 minutes ago, they changed it to this....
The Dow Jones Industrial Average was up by 6.7 points, at 12,702.
haha, did someone forget to carry the decimal poi...more
So much for all the talk about lower oil prices since stocks recovered....
So much for the Fed keeping their promise on keeping rates low since the stocks recovered...they did the same thing a few weeks ago....they said interest rates would stay low until 2013-2014 yada yada yada and then because the stocks were do...more
QUOTED TEXT
Initial jobless claims for the week ending Jan. 7 rose by 24,000 to 399,000, according to the Labor Department. The weekly read came in slightly higher than economists' expectations for 375,000, according to a poll by Thomson Reuters. The prior week's figure was upwardly revised to 375,000 from 372,00...more
jay60 1 hour ago I guess there were no debt worries before today since the market has been up of late........ It's gonna be up until the end of January/beginning of February when the reports of auto sales, consumer spending, manufacturing, and etc numbers are back down, and unemployment and etc are back up...more
Can't ya'll see what's going on here? This is the LAST chance for the "Santa Rally" so that's the ONLY reason why stocks are up so high. It won't matter after Christmas, it'll be too late for "Santa" to show up. At this rate, I would NOT be surprised if the stocks went up another 100 points to finish around 390 poin...more
So what are they going to do today? Rally on the "SAME OLD NEWS"? LOL These people invest in ANYTHING they hear....if that's the case, lets all put out some headlines so no matter whether the headlines are good or bad, they've give us some free money too smh
12/10/2011
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