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BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high

 
Anonymous Coward
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01/22/2024 05:52 PM
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BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Stocks rose Monday as investors built on the previous session’s historic move to record highs.

The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh all-time high. The Nasdaq Composite advanced 0.32% to 15,360.29.

Monday’s gains come after the broad S&P 500 on Friday broke above its intraday and closing record highs set in January 2022. The move signaled that Wall Street is indeed in a bull run that began in October 2022 after stocks plunged earlier that year.

“It’s almost like a fear of missing out,” said Brian Price, head of investment management at Commonwealth Financial. “We had a little bit of volatility to start the year as investors maybe rebalance portfolios and look to realize some gains. But now, it just seems like we’re resuming the trend that was clearly in place” in the fourth quarter.

[link to www.cnbc.com (secure)]
Anonymous Coward
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01/22/2024 05:53 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
This is one tall-ass roller coaster.

Once we finally make it to the top...


uhoh
Anonymous Coward
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01/22/2024 05:57 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
E CaT PanTHer

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01/22/2024 05:57 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Meanwhile bitcoin is down 20% since Jan 11th, the day after the spot etf was approved

Jan 11th. $48,639
Today. $39,821

Nothing makes sense. The market literally does the exact opposite of what you expect it to do.

Remember in 2020 when covid essentially shut down the entire economy and the stock market set record gains.

Yeah, eff all these institutional investors manipulating the price
Anonymous Coward
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01/22/2024 05:58 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
 Quoting: Anonymous Coward 85381624


Better retire quick.

After November, it'll take a life time to make back what you will lose with the rug-pull.
Anonymous Coward
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01/22/2024 06:07 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
 Quoting: Anonymous Coward 85381624


Better retire quick.

After November, it'll take a life time to make back what you will lose with the rug-pull.
 Quoting: Anonymous Coward 77572980


You think Trump will win?
Anonymous Coward
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01/22/2024 06:08 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Yet everything the public buys has risen in price. Explain that shit.
Anonymous Coward
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01/22/2024 06:09 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
When does it trickle down to the peasants?
Anonymous Coward
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01/22/2024 06:09 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
When does it trickle down to the peasants?
Anonymous Coward
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01/22/2024 06:10 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Meanwhile bitcoin is down 20% since Jan 11th, the day after the spot etf was approved

Jan 11th. $48,639
Today. $39,821

Nothing makes sense. The market literally does the exact opposite of what you expect it to do.

Remember in 2020 when covid essentially shut down the entire economy and the stock market set record gains.

Yeah, eff all these institutional investors manipulating the price
 Quoting: E CaT PanTHer


That’s not how I remember 2020

On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. It ended on 7 April 2020.

Black Thursday was a global stock market crash on 12 March 2020, as part of the greater 2020 stock market crash. US stock markets suffered from the greatest single-day percentage fall since the 1987 stock market crash. Following Black Monday three days earlier, Black Thursday was attributed to the COVID-19 pandemic and a lack of investor confidence in US President Donald Trump after he declared a 30-day travel ban against the Schengen Area.

[link to en.wikipedia.org (secure)]
Anonymous Coward
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01/22/2024 06:11 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Does that mean Blackrock and Vanguard are done buying up everything?
Anonymous Coward
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01/22/2024 06:24 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
It's just the demoncrats manipulating the market leading up to election
Anonymous Coward
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01/22/2024 06:26 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Incredible!

spanky-waitn
Anonymous Coward
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01/22/2024 06:26 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
 Quoting: Anonymous Coward 85381624


Well, good thing your portfolio is rising because keeping up with the Bidenflation won't be easy.
Anonymous Coward
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01/22/2024 06:31 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Stocks rose Monday as investors built on the previous session’s historic move to record highs.

The Dow Jones Industrial Average climbed 138.01 points, or 0.36%, to finish at 38,001.81. Monday’s gains pushed the blue-chip average to a new record and above the 38,000 level for the first time. The S&P 500 added 0.22% to 4,850.43, also reaching a fresh all-time high. The Nasdaq Composite advanced 0.32% to 15,360.29.

Monday’s gains come after the broad S&P 500 on Friday broke above its intraday and closing record highs set in January 2022. The move signaled that Wall Street is indeed in a bull run that began in October 2022 after stocks plunged earlier that year.

“It’s almost like a fear of missing out,” said Brian Price, head of investment management at Commonwealth Financial. “We had a little bit of volatility to start the year as investors maybe rebalance portfolios and look to realize some gains. But now, it just seems like we’re resuming the trend that was clearly in place” in the fourth quarter.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 81269187


Who would have thunk it!

When you print more dollars, the economy appears to get better... It's a farce.
Anonymous Coward
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01/22/2024 06:35 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
But it's measured in inflated currency, so the REAL value isn't that momentous.
Anonymous Coward
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01/22/2024 06:46 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
That's great for the big movers but the rest of us are pretty much fucked.
Anonymous Coward
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01/22/2024 06:47 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Fuck the game.
Anonymous Coward
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01/22/2024 06:47 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
 Quoting: Anonymous Coward 85381624


No, you wont because a loaf of fucking bread will be $32.00 plus a 20% excise tax for being a white.
Anonymous Coward
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01/22/2024 06:56 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
All I can say is my 401(k) is loving it and at this rate I’ll be able to retire earlier than I expected.
 Quoting: Anonymous Coward 85381624


No, you wont because a loaf of fucking bread will be $32.00 plus a 20% excise tax for being a white.
 Quoting: Anonymous Coward 86761577


Plus the money won't reflect inflation when he fucking collects it.
Anonymous Coward
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01/22/2024 06:57 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
I can play the market way better than the cock suckers you have playing with your 401k plan can.
Anonymous Coward
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01/22/2024 06:57 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Fake news, they don't mention how your money is worth less everyday due to pumping up and printing fiat garbage paper.
Anonymous Coward
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01/22/2024 06:59 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
bidendid
odance
Anonymous Coward
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01/22/2024 07:07 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Fake news, they don't mention how your money is worth less everyday due to pumping up and printing fiat garbage paper.
 Quoting: Anonymous Coward 86369105


You can't tell stupid fucks shit.
Anonymous Coward
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01/22/2024 07:08 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high


lmao
Anonymous Coward
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01/22/2024 07:10 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Fake news, they don't mention how your money is worth less everyday due to pumping up and printing fiat garbage paper.
 Quoting: Anonymous Coward 86369105


That paper and the capital gains I’m getting as a result of that is going to make it so I can both pay off my mortage and retire early.
Mental Case
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01/22/2024 07:11 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
Cut the value of the dollar in half & the price of EVERYTHING doubles...Food, Gas, Stocks, Cars, Houses...
Anonymous Coward
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01/22/2024 07:12 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
The most voted for president in our history is delivering, beyond what we could have imagined.
Anonymous Coward
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01/22/2024 07:14 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
This market is being massaged by internal forces for Bidens and the democrats benefit in this election season.
Anonymous Coward
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01/22/2024 07:15 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
The most voted for president in our history is delivering, beyond what we could have imagined.
 Quoting: Anonymous Coward 84980569


He ain't doing shit.
Anonymous Coward
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01/22/2024 07:17 PM
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Re: BREAKING: Dow rises more than 100 points to close above 38,000 for the first time ever, setting another new record. S&P 500 also sets record high
 Quoting: Anonymous Coward 81434458


November 2020

Thread: Trump: "If Biden is Elected the stock market will crash"

epiclol





GLP