Market edges higher in 26 December trading!

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  • S.A. Boggs
    Senior Member
    • Aug 2009
    • 8568

    #1

    Market edges higher in 26 December trading!

    1,000 point gain in one day, a new record!
    Sam
  • bruce
    Senior Member
    • Sep 2009
    • 3759

    #2
    Yep. The market moves. Get in and make money. Stay out and loose out. JMHO. Sincerely. bruce.
    " Unlike most conservatives, libs have no problem exploiting dead children and dancing on their graves."

    Comment

    • Jiminvirginia
      Senior Member
      • Nov 2013
      • 972

      #3
      They finished harvesting the 401k accounts.

      Comment

      • Roadkingtrax
        Senior Member
        • Feb 2010
        • 7835

        #4
        Is there another rally today?
        "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

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        • Clark Howard
          Senior Member
          • Sep 2009
          • 2105

          #5
          The markets are adjusting to the ending of "quantitative easing", (printing money without ink or paper). The dems at the Fed will try to blunt President Trump's economic successes. The programmed trading utilized by most large market funds are not optimized for large price swings. The publicly held corporations are not worried by these convoluted surges because they are making a profit that looks good for the foreseeable future. Many/most dems do not understand how the equity markets work. Regards, Clark

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          • RED
            Very Senior Member - OFC
            • Aug 2009
            • 11689

            #6
            Originally posted by Roadkingtrax
            Is there another rally today?
            Yes up another few hundred points. Stock market volatility is a very bad thing. This "rally," is a phenomena that takes place periodically and usually precedes further declines. This happens every 8 - 10 years. The last time was in Oct. 2008 when the dow was up on 2 different days at a percentage (10%+) that was greater than the one day rise on Wednesday only to fall further. Trump could prevent this correction if he would stop the clock for a few months.
            Last edited by RED; 12-28-2018, 05:22.

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