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Old 07-03-2014, 03:48 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 07-03-2014, 03:52 PM   #2
cosmo20002 cosmo20002 is offline
Debunking your bullshit
 
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It's a bubble.
It's all phony.
It's rigged.
Liberal media.
I'm not sure why exactly, but this doesn't count. Because of something.

/RWNJs
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Old 07-03-2014, 03:56 PM   #3
Stewie Stewie is offline
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The job gains were from full time employees losing jobs to gains in part time jobs. It's nothing but Obamacare. What a ****ing joke.

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Old 07-03-2014, 05:02 PM   #4
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This is good news for the GOP. Now, Liberals will be forced to vote Republican in the midterms in order to give credit where it's due and keep the momentum.
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Old 07-03-2014, 05:57 PM   #5
BucEyedPea BucEyedPea is offline
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Who’s Buying American Stocks?
The disgraceful, crony answer.

Is it hedge funds? Nope. They are selling.

How about retirement funds? Not this time. They are selling.

How about insurance forms? Nope. Sellers.

Insiders! They know a good thing when they see it! They do, indeed. They are net sellers.

Then it must be foreigners. Sorry. They are selling.

Then who? Corporations, mostly. They are using business profits to buy back shares.

Individuals also buy, but not as much as corporations.

We have not seen this much buying back of corporate shares in years. Specifically, not since since 2007. That was the #1 year for corporate buy-backs.

You may recall what happened in 2008.

But why do they do this? What value does this add to plant capacity? To marketing? To innovation? None.

But it runs up stocks in stock option deals. Who has such deals? Senior management.

Who make the decision to buy back shares? Senior management.

So, stocks go up, yet corporate capital is being depleted. Is that it? Yes.

But isn’t this like eating your seed corn? Yes. But whose seed corn is it? Not senior management’s. They will be replaced soon enough. Turnover is inevitable. 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
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Old 07-03-2014, 10:21 PM   #6
blaise blaise is offline
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Quote:
Originally Posted by cosmo20002 View Post
It's a bubble.
It's all phony.
It's rigged.
Liberal media.
I'm not sure why exactly, but this doesn't count. Because of something.

/RWNJs
Good news: Obama caused it.
Bad news: Republicans caused it.

/Democrats
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Old 07-03-2014, 10:59 PM   #7
go bowe go bowe is offline
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Quote:
Originally Posted by blaise View Post
Good news: Obama caused it.
Bad news: Republicans caused it.

/Democrats
i'm curious, cosmo referred to rwnjs...

you referred to democrats...

democrats=nutjobs?
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Old 07-03-2014, 11:02 PM   #8
Prison Bitch Prison Bitch is offline
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Is that a rhetorical?
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Old 07-03-2014, 11:54 PM   #9
cosmo20002 cosmo20002 is offline
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Quote:
Originally Posted by go bowe View Post
i'm curious, cosmo referred to rwnjs...

you referred to democrats...

democrats=nutjobs?
It just shows you how open-minded I am. I allow for the possibility that there could be a RWer who is not a NJ. I mean, one could be discovered someday.
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Old 07-04-2014, 12:02 AM   #10
go bowe go bowe is offline
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Quote:
Originally Posted by cosmo20002 View Post
It just shows you how open-minded I am. I allow for the possibility that there could be a RWer who is not a NJ. I mean, one could be discovered someday.
i was curious as to what blaise meant by it, not you...

and i was teeing it up for him at the same time, now you went and ruined it...

nevertheless, it's a swing and a mi... er line drive, down the gap in right center...
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Old 07-04-2014, 07:00 AM   #11
ILChief ILChief is offline
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Quote:
Originally Posted by blaise View Post
Good news: Obama caused it.
Bad news: Republicans caused it.

/Democrats
That doesn't work both ways at all
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Old 07-04-2014, 07:06 AM   #12
HonestChieffan HonestChieffan is offline
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High Stock market is great but it rewards rich white people and we should hope to break this trend
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Old 07-04-2014, 09:13 AM   #13
cdcox cdcox is offline
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High Stock market is great but it rewards rich white people and we should hope to break this trend
Most working Americans have retirement accounts that are tied to the performance of the stock market.
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Old 07-04-2014, 09:25 AM   #14
Prison Bitch Prison Bitch is offline
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Originally Posted by cdcox View Post
Most working Americans have retirement accounts that are tied to the performance of the stock market.
I dont think that's true. I'd say it's about 1/2 at most, and I just read the median balance of a 401k in this country is only $30,000. So, you'd be wrong.
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Old 07-04-2014, 09:25 AM   #15
petegz28 petegz28 is online now
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Most working Americans have retirement accounts that are tied to the performance of the stock market.
Most?
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