Stocks hit three year highs

Discussion in 'Stock Market' started by Chris, Apr 26, 2011.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney) -- U.S. stocks finished at their highest levels in three years Tuesday afternoon, as investors cheered another batch of earnings results and a better-than-expected report on consumer confidence.

    The Dow Jones industrial average (INDU) gained 115 points, or 0.9%, the S&P 500 (SPX) rose 12 points, or 0.9%, and the Nasdaq Composite (COMP) added 22 points, or 0.8%. Both the Dow and the S&P climbed to their highest levels since June 2008, while the tech-heavy Nasdaq closed at its highest mark since October 2007.

    Market Report - Apr. 26, 2011 - CNNMoney.com
     
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  2. Mr. H.
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    Mr. H. Diamond Member

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    Nobody's investing in economic activity. Just dumping money in the stock market and commodities.
     
  3. theHawk
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    theHawk Registered Conservative

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    Gee, this has nothing to do with the dollar losing its value.

    Nothing is wrong with the Hussein Economy folks, all is great, the stock market is up, move along...move along.
     
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  4. Mr. H.
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    Mr. H. Diamond Member

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    Be careful as you pass...

    [ame=http://www.youtube.com/watch?v=UeQsZOQqO6I]YouTube - Emerson, Lake & Palmer - Karn Evil 9[/ame]
     
  5. william the wie
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    william the wie Gold Member

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    It all fall down come July - Sept. in the interval between QEII and QEIII
     
  6. SFC Ollie
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    SFC Ollie Still Marching

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    And my fixed income buys less and less.......

    And where's the jobs?
     
  7. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    When was that different?

    Oh yeah..during the Clinton administration when people were doing startups and cash equities were all the rage.
     
  8. william the wie
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    william the wie Gold Member

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    No offense, dad was on 50% disability pension from the Navy during the 70s inflation, but you are SOL.
     
  9. Mr. H.
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    Mr. H. Diamond Member

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    Along with commodities.
     
  10. iamwhatiseem
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    iamwhatiseem Gold Member

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    These son of a bitches need to be publicly hanged after the stock market crashes again soon.
    This is beyond insanity. The markets are just a stones throw from reaching all time highs - it is BETTER today than prior to the crash (average).
    This is a total fabrication.
    Ist quarter industry reports are coming out - and despite whatever the OP read - most of the news is not good. (unless you sell gas or invest in the stock market)
    Housing prices have fallen 5 straight months.
    Food prices - all time high
    Gas prices - all time high
    Jobless claims - up
    Government dependency programs - highest since the depression.
    Business mergers/closures/aquisitions are insane right now.

    And yet..the "Teflon Dow" parade continues.
     

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