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Old 07-03-2014, 04:48 PM  
cdcox cdcox is offline
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It's morning again in America

DJIA hits 17,000 on its way to 20,0000

http://247wallst.com/investing/2014/...ke-djia-20000/


AND

A great jobs report with fastest growing number of new jobs since 1999.


http://www.marketwatch.com/story/us-...une-2014-07-03
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Old 07-04-2014, 10:28 AM   #16
petegz28 petegz28 is offline
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He left out:

Food such as meat, fish and poultry prices are at all time highs
Gas has set a record for number of days above $3 a gallon
Electricity prices are reaching or have reached record highs

It's a good think those 401k plans are going up...when people retire they might be able to afford their electric bill.....
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Old 07-04-2014, 10:30 AM   #17
petegz28 petegz28 is offline
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The irony here is that in the not too distant past, the stock market only benefited the 1%'ers and we heard all about income inequality and what not.

Now suddenly it's all a good thing and let's pretend none of that other stuff got said


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Old 07-04-2014, 10:32 AM   #18
Prison Bitch Prison Bitch is online now
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Quote:
Originally Posted by petegz28 View Post
It's a good think those 401k plans are going up...when people retire they might be able to afford their electric bill.....
Well, remember: only 1/2 even have one to begin with, and the other half has a median value of $30,000. At an assumed rate of 5%, that pays $1,500/year interest. Or $125/month.


That's not enough to pay your electric bill after all.
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Old 07-04-2014, 01:01 PM   #19
Hog Farmer Hog Farmer is offline
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Old 07-04-2014, 06:58 PM   #20
Hoopsdoc Hoopsdoc is offline
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Quote:
Originally Posted by petegz28 View Post
He left out:

Food such as meat, fish and poultry prices are at all time highs
Gas has set a record for number of days above $3 a gallon
Electricity prices are reaching or have reached record highs

It's a good think those 401k plans are going up...when people retire they might be able to afford their electric bill.....
You can say that again. I went grocery shopping with my wife yesterday for the first time in many years and I was BLOWN away by the cost of food.

I couldn't find a package of bacon for less than 5 dollars. Steaks are out of the question, unless they're almost outdated and on sale. It just goes on and on.
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Old 07-04-2014, 11:17 PM   #21
cosmo20002 cosmo20002 is offline
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Quote:
Originally Posted by petegz28 View Post
He left out:

Food such as meat, fish and poultry prices are at all time highs
Gas has set a record for number of days above $3 a gallon
Electricity prices are reaching or have reached record highs
Dumb.

I'm going to go out on a limb here and guess that all of those things also hit record highs during the W Bush years, the Clinton years, the Reagan years, etc.
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Old 07-09-2014, 08:28 AM   #22
King_Chief_Fan King_Chief_Fan is offline
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Quote:
Originally Posted by BucEyedPea View Post
Who’s Buying American Stocks?
. The question is: Can they time their exit correctly?

I believe this is the phrase: “Take the money and run.”

Timing is everything when it comes to stock options and retirement.

There is always the old maid. Pass her on!
Companies are pulling out the big guns to hit earnings targets, pushing stocks ever higher.

Gary North

Also reported here and there's more:
http://money.msn.com/top-stocks/post...biggest-driver
yup, and I have made enough....I am joining the retirement ranks very soon.
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Old 07-09-2014, 08:31 AM   #23
blaise blaise is offline
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That doesn't work both ways at all
It pretty much does around here.
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Old 07-09-2014, 10:07 AM   #24
Dayze Dayze is offline
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milk and chicken prices are ridiculous.
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