Hilarious....almost back to all time highs

[PaceAdvantage]

Stock Market (S&P) within 40 points or so of its all time highs...

And nobody in the media seems to be writing/talking about this minor miracle...

Gee, I wonder why....

[woodbinepmi]

They can't claim it's because of Obama anymore.

[JustRalph]

They can't claim it's because of Obama anymore.

Ding! I think I heard Jim Cramer talking about it in a radio blip this morning

[Saratoga_Mike]

Here are a few (headline followed by link):

Wall Street keeps rallying; S&P 500 back within 2% of record

https://www.usatoday.com/story/money/2020/08/05/wall-street-rallies-again-track-fourth-straight-gain/3298709001/

Tech stocks pull Wall Street into positive territory for 2020 as lawmakers debate pandemic aid.

https://www.nytimes.com/live/2020/07/20/business/stock-market-today-coronavirus#tech-stocks-pull-wall-street-into-positive-territory-for-2020-as-lawmakers-debate-pandemic-aid

As S&P 500 eyes records, traders break down moves beneath the surface

https://www.cnbc.com/2020/08/06/sp-500-records-traders-discuss-how-markets-break-through-to-highs.html

Dow Today: S&P 500 Near Its Record High. Stock Market Rally Gains Strength

https://www.forbes.com/sites/naeemaslam/2020/08/06/dow-today-sp-500-near-its-record-high-stock-market-rally-gains-strength/#3a5c30121098

S&P 500 trades within 2% of record high as Wall Street focuses on Disney subscriber growth and hope for fresh round of coronaviirus aid

https://www.marketwatch.com/story/sp-500-trades-within-2-of-record-high-as-wall-street-focuses-on-disney-subscriber-growth-and-hope-for-fresh-round-of-coronaviirus-aid-2020-08-05

[davew]

silver and gold up near record highs as well


as well as national debt - dollar is dropping against some other currencies


so how soon until double digit inflation? or will government suppress interest rates forever so that it can pay interest on federal debt?

[PaceAdvantage]

Here are a few (headline followed by link):

Wall Street keeps rallying; S&P 500 back within 2% of record

https://www.usatoday.com/story/money/2020/08/05/wall-street-rallies-again-track-fourth-straight-gain/3298709001/

Tech stocks pull Wall Street into positive territory for 2020 as lawmakers debate pandemic aid.

https://www.nytimes.com/live/2020/07/20/business/stock-market-today-coronavirus#tech-stocks-pull-wall-street-into-positive-territory-for-2020-as-lawmakers-debate-pandemic-aid

As S&P 500 eyes records, traders break down moves beneath the surface

https://www.cnbc.com/2020/08/06/sp-500-records-traders-discuss-how-markets-break-through-to-highs.html

Dow Today: S&P 500 Near Its Record High. Stock Market Rally Gains Strength

https://www.forbes.com/sites/naeemaslam/2020/08/06/dow-today-sp-500-near-its-record-high-stock-market-rally-gains-strength/#3a5c30121098

S&P 500 trades within 2% of record high as Wall Street focuses on Disney subscriber growth and hope for fresh round of coronaviirus aid

https://www.marketwatch.com/story/sp-500-trades-within-2-of-record-high-as-wall-street-focuses-on-disney-subscriber-growth-and-hope-for-fresh-round-of-coronaviirus-aid-2020-08-05I love baiting you...works every time...:pound:

[Saratoga_Mike]

I love baiting you...works every time...:pound:

I love correcting you...works every time. :bang:

[woodbinepmi]

silver and gold up near record highs as well


as well as national debt - dollar is dropping against some other currencies


so how soon until double digit inflation? or will government suppress interest rates forever so that it can pay interest on federal debt?

https://www.youtube.com/watch?v=9SwQ9iavJeI

[PaceAdvantage]

I love correcting you...works every time. :bang:You posted an article talking about a miracle?

[thaskalos]

With the stock market about to soar to new heights...the worries about the state of the economy must be greatly exaggerated...NO? I mean, the stock market is a dependable economy measure.. RIGHT?

[PaceAdvantage]

With the stock market about to soar to new heights...the worries about the state of the economy must be greatly exaggerated...NO? I mean, the stock market is a dependable economy measure.. RIGHT?It's crazy, right?

Let's revisit in 6-12 months

[Tom]

The big dip at the onset of the Democrat Shutdown of the Economy, the market was just about even with the BEST it ever was under Odummy and Biden.

THAT means $$$ in the 401Ks of AVERAGE AMERICANS.

IT is a GOOD thing.
The Trump economy is chomping at the bit to get going, but it has to be careful - because a Biden win will certainly tank everything we have accomplished.

No debate on that.

[Marshall Bennett]

Wall Street is just reacting to Trump getting re-elected. :)

[FakeNameChanged]

Stock Market (S&P) within 40 points or so of its all time highs...

And nobody in the media seems to be writing/talking about this minor miracle...

Gee, I wonder why....

Well, the financial media has been talking about it incessantly. I get most of my news on there, ha. Could be a real election spoiler for certain candidate(s). And today, I've just noticed a new ad in our state(Pa) where a former Repub is talking about losing his job and how Trump ruined the economy, bad timing it seems for the last part.

[Tor Ekman]

Wall Street is just reacting to Trump getting re-elected. :)
Might it be that the smart money knows that Trump will be re-elected?

[horses4courses]

Stock Market (S&P) within 40 points or so of its all time highs...

And nobody in the media seems to be writing/talking about this minor miracle...

Gee, I wonder why....

Umm...because it has nothing to do with the Trump administration?
Record highs under BHO had nothing to do with him, right?
Not that you'd ever move the goal posts......:rolleyes:

You guys are all about keeping score.
It borders on phobic.

You're really getting desperate for some praise.
Pretty pathetic.

[Tor Ekman]

You're really getting desperate for some praise.
Pretty pathetic.So speaks our supposed Shakespearean scholar on pathos :lol:

[PaceAdvantage]

Umm...because it has nothing to do with the Trump administration?
Record highs under BHO had nothing to do with him, right?
Not that you'd ever move the goal posts......:rolleyes:

You guys are all about keeping score.
It borders on phobic.

You're really getting desperate for some praise.
Pretty pathetic.Never said one word about who should take the glory for the market rebound...not one...

So, actually not desperate for praise I never asked for...are you ok?

[sammy the sage]

you know folks...it's PRETTY FREAKING straightforward why THE market is up...

1/3 of the stimulus money went to people WHO actually NEEDED it...

2/3 rds went to people who DIDN'T...imagine that...anyways....they had to put the money somewhere besides a savings account as THE dollar is being devalued....SSSooooooo......stock market, real estate or metals......BINGO...

simple as that...

the REAL trick will be...how much is already priced in... FOR THE next round of stimulus money....or does one sell the news?

[Marshall Bennett]

Umm...because it has nothing to do with the Trump administration?
Record highs under BHO had nothing to do with him, right?
Not that you'd ever move the goal posts......:rolleyes:

You guys are all about keeping score.
It borders on phobic.

You're really getting desperate for some praise.
Pretty pathetic.No, its all all about your team knowing you've picked a candidate that's self-destructive. By November, following the debates and being made a fool, he'll be the world's most notorious clown.
You and hcap behave here like spoiled brats knowing you're in for a spanking. All the garbage and nonsense you two have posted...all for naught.
Now who's really desperate and pathetic?

[barahona44]

....or does one sell the news?

Selling on the news?Works most of the time.

[AndyC]

you know folks...it's PRETTY FREAKING straightforward why THE market is up...

1/3 of the stimulus money went to people WHO actually NEEDED it...

2/3 rds went to people who DIDN'T...imagine that...anyways....they had to put the money somewhere besides a savings account as THE dollar is being devalued....SSSooooooo......stock market, real estate or metals......BINGO...

simple as that...

the REAL trick will be...how much is already priced in... FOR THE next round of stimulus money....or does one sell the news?

So what did the people do with the money they got from selling their real estate, stocks, and metals to people who didn't need the stimulus money?

How do you know that 2/3s of the money went to people who don't need it?

[fast4522]

S&P 500 rises to a record close, fully wiping out its coronavirus losses


https://www.cnbc.com/2020/08/17/stock-market-futures-open-to-close-news.html

And

GRAPHIC-Say goodbye to the shortest bear market in S&P 500 history

https://news.trust.org/item/20200818195217-3gk0l