Every 100 points is a milestone. Stocks are insured against losses. The administration is #$%$ off about Netenyahu so they let the market sell off for two days. It will be at all time highs again by Friday. They will get over it by then.
Do you really think they care that it is going up? This is all part of the grand illusion. The only asset class that has done well in the last 6 years is stocks. Well bonds too since anything debt out there paying more than zero is valuable. The whole financial system is perverted once again by the central banks and their policies that help enrich the chosen few.
Remarkable no one interested in playing today.
Some hedge fund started the investigation. Figured whatever the Chinese make has to be something wrong environmentally. Perfectly legal. Short other Chinese manufacturers. Their products are all environmentally flawed.
The same people who voted these morons into office are the same people who complain on this board. You got what you wanted, Marxism. So now enjoy the fruits of Marxism, where the government decides everything, stock prices inclusive. If you don't go along you get sent to the poor farm or Siberia. It's your choice!
What a joke. MCD is having trouble selling their synthetic food and it's leading the market higher.
Everyone is all in. Fed will need to print more money to push stock prices higher.
It's like you can't have a down day for fear of a major selloff. Just keep it propped up or unchanged, capitalism is dead!
What do you think Obama's myRA's are about? It is the government's attempt to take over retirement plans. They want to reduce fees charged by Wall Street and brokers. In essence try and put an entire industry out of business and have that industry service the plans for the government. Just like the mortgage's they now own. Over 85% of all home mortgages are owned by the government now. It's a government monopoly. They own most student loans now as well. These Marxists have to go as the economy spirals into the abyss and as they spew false data to the world!
One company driving stock market to new highs. Take them out and what do you have? LEMONS