Stocks hit one year highs

Discussion in 'Stock Market' started by Chris, Oct 12, 2009.

  1. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    NEW YORK (CNNMoney.com) -- Stocks rallied Monday morning, with the Dow topping 9900 for the first time in over a year, as investors showed optimism about the first big wave of quarterly results due out this week.

    The Dow Jones industrial average (INDU) rose 37 points, or 0.4% in the early going. The S&P 500 (SPX) index gained 3 points, or 0.3% and the Nasdaq composite (COMP) climbed 11 points, or 0.5%.

    CNNMoney.com Market Report - Oct. 12, 2009
     
    • Thank You! Thank You! x 1
  2. Vel
    Offline

    Vel Gold Member

    Joined:
    Oct 30, 2008
    Messages:
    5,463
    Thanks Received:
    1,913
    Trophy Points:
    248
    Location:
    Tennessee
    Ratings:
    +1,914
    Consider.. when climbing out of the toilet, eventually you'll get up to the rim.
     
    • Thank You! Thank You! x 1
  3. eagleseven
    Offline

    eagleseven Quod Erat Demonstrandum

    Joined:
    Jul 8, 2009
    Messages:
    6,518
    Thanks Received:
    1,254
    Trophy Points:
    48
    Location:
    OH
    Ratings:
    +1,255
    The dollar has been falling, and stock prices are going up.

    Hmm...
     
    • Thank You! Thank You! x 1
  4. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,718
    Thanks Received:
    11,047
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,044
    Stocks feel like they want to go higher.

    We will soon be entering the traditionally strong time of the year for stocks as well.
     
    • Thank You! Thank You! x 1
  5. concept
    Offline

    concept Evil Mongering

    Joined:
    Jun 19, 2009
    Messages:
    2,040
    Thanks Received:
    340
    Trophy Points:
    48
    Location:
    West Mi
    Ratings:
    +340
    Wake me when it gets to 15k...like it was under Bush before you libs scammed your way into power. :lol:

    (we were also at <5% unemployment before you dopey libs went and screwed it up for political purposes)

    :lol:
     
    • Thank You! Thank You! x 1
  6. rightwinger
    Offline

    rightwinger Paid Messageboard Poster Gold Supporting Member Supporting Member

    Joined:
    Aug 4, 2009
    Messages:
    120,242
    Thanks Received:
    19,821
    Trophy Points:
    2,190
    Location:
    NJ & MD
    Ratings:
    +45,324
    Under Boooooooosh the market fell from 14000 to 8150 when he left office. As Obama struggled to control the economy, the market continued to slide to 6500. This represented a loss of $11.2 trillion in our economy

    Since the banks were rescued and the stimulus passed in Feb, the Market has risen to 9900. This represents a gain of $4.6 trillion since March.

    Over eight years of Booosh economic policies, the market dropped from 10,750 when Bush took office to 8150 when he finally left.
     
  7. concept
    Offline

    concept Evil Mongering

    Joined:
    Jun 19, 2009
    Messages:
    2,040
    Thanks Received:
    340
    Trophy Points:
    48
    Location:
    West Mi
    Ratings:
    +340
    Yeah doorknob. The coincidence of the moonbats getting control of the purse-strings and the economy nosediving is only blown off by the kooky left-wing fringe and their sycophantic shills.

    Recognize anyone?


    :lol::lol::lol:
     
  8. Dr.House
    Offline

    Dr.House Lives on in syndication!

    Joined:
    Jun 27, 2009
    Messages:
    14,800
    Thanks Received:
    3,482
    Trophy Points:
    48
    Location:
    Princeton/Plainsboro
    Ratings:
    +3,488
    Meanwhile, the dollar spirals downward, hundreds of thousands of Americans lose their jobs each month, and our glorious leader wants to spend more money we don't have...

    Awesome news...
     
  9. mal
    Offline

    mal Diamond Member

    Joined:
    Mar 16, 2009
    Messages:
    42,625
    Thanks Received:
    4,963
    Trophy Points:
    1,813
    Location:
    Coimhéad fearg fhear na foighde™
    Ratings:
    +5,028
    Job Losses are Decreasing Substantially...

    From over 700,000 to the 200's...

    If the Trend Continues, Job Growth with Follow.

    And Barry did come into Office with 8% Unemployment that was Growing Dramatically by the Month from it's Low of under 5%.

    I will Blame Barry for a LOT of things, but this Train done Crashed when he Took the Oath.

    :)

    peace...
     
  10. Mad Scientist
    Offline

    Mad Scientist Deplorable Gold Supporting Member Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    23,938
    Thanks Received:
    5,211
    Trophy Points:
    270
    Ratings:
    +7,678
    So what's he doing to "right the ship"? Health Care Government Takeover.

    What? :confused:

    Someone, Liberals prefered, explain how that will work?
     

Share This Page