Stocks hit one year highs

[Chris]

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

 

[Vel]

Consider.. when climbing out of the toilet, eventually you'll get up to the rim.

 

[eagleseven]

America on Sale: Weak Dollar Boosts US Economy, Stocks

A weak dollar contributing to a strong stock market and economy may make investors feel like they're living in some type of Wall Street Bizarro World. But for policymakers, the relationship is just fine for now.

As the US currency continues to set fresh 12-month lows, the stock market is nearing a 12-month high and the economy is back from the brink of disaster.

That's rarely the case in an economy that is seeing normal growth. But in an investing world where up is down and day is night, that's how things may have to stay for a while.

"A weak dollar is boosting everything that's priced in dollars—boosting stocks, even bond prices and especially commodities," says Delta Global Advisors chief economist Michael Pento, who worries over the long-term ramifications of dollar-weakening policies. "What you're seeing now is we've traded long-term growth for a short-term boost in nominal gains."

The dollar has been falling, and stock prices are going up.

Hmm...

 

[Toro]

Stocks feel like they want to go higher.

We will soon be entering the traditionally strong time of the year for stocks as well.

 

[concept]

Wake me when it gets to 15k...like it was under Bush before you libs scammed your way into power.

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

 

[rightwinger]

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.

 

[concept]

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.

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?

 

[Dr.House]

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...

 

[mal]

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...

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...

 

[Mad Scientist]

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

So what's he doing to "right the ship"? Health Care Government Takeover.

What?

Someone, Liberals prefered, explain how that will work?

 

[alan1]

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

Cool, the rich people are getting their wealth back.

 

[eagleseven]

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

So what's he doing to "right the ship"? Health Care Government Takeover.

What?

Someone, Liberals prefered, explain how that will work?

A combination of pixie dust and rubbing his Nobel prize...

 

[mal]

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

So what's he doing to "right the ship"? Health Care Government Takeover.

What?

Someone, Liberals prefered, explain how that will work?

I am not Excusing Obama for ANYTHING, but I won't Dishonestly Lay the Blame of an Unemployment Rate that went from under 5% during (43)'s Final Year to 8% at the Time of Barry's Oath...

I don't Lie like the Liberals did during (43)...

(43) was Handed a Recession as was Barry.

Liberals NEVER Conceded that Fact and ALWAYS Blamed that Recession on (43).

Not gonna do it... Wouldn't be Prudent.

Short Term, all of this Gubmn't Stimulus will have an Effect... Probably enough to Assist him in 2012...

Long Term, it's going to do MASSIVE Damage...

Coupled with Socialistic Insecurity Shitting the Bed along with Mediwhatever and the Various Forms of Handouts like SSI, we are in for some Problems when the Boomers start getting Sick and Dying.

And Marxism isn't the Answer.



peace...

 

[Toro]

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.

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?

This is silly.

The housing market was in the biggest bubble it had ever been in 2006. Credit spreads were as tight as they ever had been in 2006. To say that perhaps the biggest bubble of all time popping was somehow the fault of the Democrats displays remarkable cluelessness.

 

[Chris]

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

So what's he doing to "right the ship"? Health Care Government Takeover.

What?

Someone, Liberals prefered, explain how that will work?

Pretty simple really, if you do any reading on the subject.

EVERY OTHER INDUSTRIALIZED NATION ON THE PLANET HAS NATIONAL HEALTH INSURANCE, AND THEY PAY HALF PER CAPITA WHAT WE PAY FOR HEALTHCARE.

Why? Because they don't have to pay profits and overhead for 150 different insurance companies and Big Pharma. Less overhead, less profit, lower cost.

The French take it one step further. Their medical schools are free. So they have more doctors per capita than we do. Greater supply, lower cost.

But when you have a Congress receiving $3.4 BILLION DOLLARS from healthcare lobbyists, what you get is the MOST EXPENSIVE AND BLOATED HEALTHCARE SYSTEM IN THE WORLD.

 

[concept]

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.

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?

This is silly.

The housing market was in the biggest bubble it had ever been in 2006. Credit spreads were as tight as they ever had been in 2006. To say that perhaps the biggest bubble of all time popping was somehow the fault of the Democrats displays remarkable cluelessness.

Except that the idiot dems were warned and ignored it. In fact they denied anything was even wrong.

 

[concept]

[ame=http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=player_embedded]YouTube - Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis[/ame]

 

[mal]

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

So what's he doing to "right the ship"? Health Care Government Takeover.

What?

Someone, Liberals prefered, explain how that will work?

Pretty simple really, if you do any reading on the subject.

EVERY OTHER INDUSTRIALIZED NATION ON THE PLANET HAS NATIONAL HEALTH INSURANCE, AND THEY PAY HALF PER CAPITA WHAT WE PAY FOR HEALTHCARE.

Why? Because they don't have to pay profits and overhead for 150 different insurance companies and Big Pharma. Less overhead, less profit, lower cost.

The French take it one step further. Their medical schools are free. So they have more doctors per capita than we do. Greater supply, lower cost.

But when you have a Congress receiving $3.4 BILLION DOLLARS from healthcare lobbyists, what you get is the MOST EXPENSIVE AND BLOATED HEALTHCARE SYSTEM IN THE WORLD.

Shit on US Big Pharma ALL you want, but its where the Rest of the World gets the Breakthroughs that Save Lives...

Government can't do that... All they can do is Fuck up things they Try to Run...



peace...

 

[JakeStarkey]

I have no trouble with pharmaceuticals making break throughs. What the quickly growing majority of Americans won't tolerate is that the companies reap unholy profits when our system excludes millions and millions of citizens from those breakthroughs. You are not going to get the one without figuring out to give access to the other.

Do you understand that?

 

[Yurt]

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.

moron....so bush gets no credit for the highest market ever...but all the credit for it continually sinking despite it continually sinking under obama...

you're lousy hack