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Old 08-30-2018, 09:47 AM   #16
Bill Russell
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

The economy isn't booming. It hasn't been booming since it was artificially pumped by the housing market which itself was propped up by bad government policy and banks that didn't care/fraudulent banks starting in the 1990s.

And the tech boom, which was legit, that also started in the 1990s.
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Old 10-11-2018, 07:58 PM   #17
bladefd
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

The stock increases of 2018 wiped out in 2 days. Oh dear, talk about a correction..

Quote:
The sell-off by the numbers: Stocks post worst 2-day stretch in eight months

-The Dow Jones Industrial Average dropped 545.91 points to post its worst two-day decline since early February. In that time, the Dow has lost more than 1,300 points. The index also posted a three-day losing streak and closed below its 200-day moving average for the first time since July 2. It is also down 5.3 percent, on pace for its biggest one-week decline since March.
-The S&P 500 completed a six-day losing streak its longest since late 2016 and closed below its 200-day moving average for the first time since April 2. The index is down 5.5 percent this week, on pace for its biggest weekly decline since March. It is also on pace for its first three-week losing streak since June 2016.
-The Nasdaq Composite dropped 1.3 percent to post its fifth loss in six sessions. It is also on pace for its worst weekly decline since March. The tech-heavy index also dipped into correction territory.
-The Russell 2000 fell for a sixth straight day, its longest losing streak since March 2017. The small-caps index is also down 5.3 percent this week, on pace for its biggest weekly decline since January 2016.
-The Cboe Volatility index (VIX), widely considered to be the best gauge of fear in the market, hit a high of 28.84, its highest level since Feb. 12.
-Four of the 11 S&P 500 sectors closed in correction territory. Materials concluded Thursday's session down 16.3 percent from its 52-week high, while financials were down nearly 13 percent. Communications and consumer staples are both down more than 11 percent from their one-year highs.
https://www.cnbc.com/2018/10/11/the-...ht-months.html
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Old 10-11-2018, 08:19 PM   #18
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

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Old 10-12-2018, 08:59 AM   #19
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by bladefd
The stock increases of 2018 wiped out in 2 days. Oh dear, talk about a correction..


https://www.cnbc.com/2018/10/11/the-...ht-months.html


What is the current month? Oh yeah, October. OCTOBER.
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Old 10-12-2018, 09:34 AM   #20
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

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Originally Posted by rufuspaul
Lefties coming in and being negative despite the optimism of the NYT article. Probably didn't even read it.

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Old 10-12-2018, 09:40 AM   #21
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by rufuspaul
What is the current month? Oh yeah, October. OCTOBER.

After this correction, the markets will likely bounce back... it is only October. But in light of these recent developments, this thread looks quite foolish now. I know you want to save face, but people are going to have fun pointing out how stupid the boasting is.
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Old 10-12-2018, 03:07 PM   #22
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

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Originally Posted by rufuspaul
What is the current month? Oh yeah, October. OCTOBER.

october 1, 2018

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Old 10-12-2018, 08:22 PM   #23
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by MaxFly
After this correction, the markets will likely bounce back... it is only October. But in light of these recent developments, this thread looks quite foolish now. I know you want to save face, but people are going to have fun pointing out how stupid the boasting is.

Probably the reason why someblackdude/dondadda (anybody for that matter) hasn't posted a single election poll for the mid terms. Looks like he actually performed some self-reflection and won't make that mistake again. Embarrassed himself.

Also, KevinNYC no longer posting here helps.
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Old 10-13-2018, 01:20 AM   #24
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

And since none of the Trump voters can afford to play the market, they think this somehow benefits them.
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Old 10-13-2018, 11:15 AM   #25
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by Hawker

Also, KevinNYC no longer posting here helps.


He still does.
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Old 10-13-2018, 11:16 AM   #26
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

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Originally Posted by Lakers Legend#32
And since none of the Trump voters can afford to play the market, they think this somehow benefits them.


Dumbest post I've seen in awhile. I voted for Trump and my portfolio has done quite well. I don't recall being denied the right to trade stocks unless I voted for Hillary.
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Old 10-13-2018, 11:56 AM   #27
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Bill Clinton must be OP's favorite president.
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Old 10-13-2018, 01:07 PM   #28
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by Lakers Legend#32
And since none of the Trump voters can afford to play the market, they think this somehow benefits them.

The average person who voted for Trump makes $11000 more a year than the average person who voted for Hillary. If Trump voters can't afford to play the market, then Democrat voters are sitting on curbs asking Trump voters for spare change.

Who'd you vote for Jill Stein?
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Old 10-13-2018, 03:57 PM   #29
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by Lakers Legend#32
And since none of the Trump voters can afford to play the market, they think this somehow benefits them.

84% of stocks are owned by 10% of 'murricans.

rufus = vanguard of maga



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Old 10-13-2018, 04:01 PM   #30
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Default Re: Tech leads Wall St. Rally, NASDAQ and S&P hit record highs

Quote:
Originally Posted by SomeBlackDude
84% of stocks are owned by 10% of 'murricans.

rufus = vanguard of maga




Are you saying that stock market rises mainly benefit the rich?
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