A small 2-year budget agreement out of Congress sometime yet before deadline could also spur the market.
Sounds like a Very Small agreement with the only hang-up being on how much to reduce unemployment benefits
Div payout next week.
Friday, some may take a little off the top for safe keeping----so it may show a pull-back short-term---just before the upcoming Ex-Date and then zoom again.
Looked at Barchart and saw that resistance is in the mid $89 range with 100% Buy recommended ,--short, medium, and long-term
That may seem outrageous but that also seems to be the direction it has been heading.
The Government will not be issuing any bad news---no reports on jobs, housing, manufacturing, etc
The Constitution does not provide for the government to exempt themselves from the laws in which they pass
As a Harvard Constitutional Lawyer, Obama must have missed that class.
There are no university hospitals in all of California which participate in the state exchanges.
The Dems wrote this affordable Care Act, shadily passed it late at night during a holiday week, and without any input or votes by a single republican----then or since
When this plan goes belly up I hope that the good people of this country remember that the Democratic Party owns and are driving this shipwreck---alone
All by design in bankrupting the insurance companies and moving toward a single payor system
gasman---with all due respect I disagree with your assumptions.
We had a 240 point swing in the DOW
Down 60+ points before the Fed spoke and then it headed for the sky
Burnanke also said that he does not see the kind of growth he anticipated for the balance of this year and part of next year-----he is covering Obama's butt/lack of growth plan.
DOW and S&P hit all-time highs and the naz a 13 year high.
He also knows that inflation is his worst fear--affecting consumer spending and would put a damper on the current housing growth----causing a drop in the GDP and more layoffs
Now just how are all those out-of-work consumers going to be able to jump-in to those new healthcare "exchanges"????LOL
You said on the 13th---"The only split I see is me splitting away from the market for now sitting on the sideline for now"
As of today you missed out on an additional $2.50+/share on Hon
Better safe than sorry????-----just legalized gambling
RCSU-----and I think COL pays Hon to use their anti-flicker technology
Sorry---meant to say Collins and not RA
BTW---on the list of the most "shorted stocks" COL ranks #61
" As for Honeywell, they are losing their market shares to Rockwell Collins so the future of it's Aerospace industry"
I have not heard of Hon losing any business to Rockwell Automation----care to share what you are talking about???
Two days ago, four major holders sold off shares AND JP Morgan downgraded RA stock..