Dow Jones at Two-Year High

[burglar]

Dow Jones Industrial Average

Market Update:
"Strong buying in the early going has boosted the stock market to a fresh two-year high."

Happy New Year!

 

[burglar]

Re: Two-Year High

The Dow Jones holds up pretty well til end of session!
A great start to the year!

 

[burglar]

Now, it's wait and see if it translates into strong rise in the All Ords!

 

[Uncle Festivus]

Completely underwhelmed by the look of it?

Perhaps we can smell market manipulation better than the Yanks?

Are you sure you don't work for the US Fed, or Goldman Sachs?

 

[burglar]

Are you sure you don't work for the US Fed, or Goldman Sachs?

In the grey, I am one of the Lehman Brothers!

 

[burglar]

Dow closes at its highest level since June '08,

 

[burglar]

fresh two-year closing high

 

[burglar]

: Stocks started the session without much direction, but they gradually chopped their way higher to settle with solid gains at their best levels in more than two years.

 

[burglar]

Stocks fought off moderate selling pressure in the early going to work their way toward new two-year highs. Buying was further bolstered by news that Egypt's president gave into calls for his resignation.

 

[burglar]

Broad market gains never became anything more than modest, but they were still enough to set new two-year highs

 

[burglar]

"The report helped push the S&P and Dow near their highest closing levels since 2007. "

 

[burglar]

DJ closed 13,579.47

Intraday high 13,647.10

Highest since Dec 2007

 

[burglar]

...S&P 500 ended flat while the Dow advanced 0.3% to close at its best level in five years.

 

[burglar]

Dow Jones peeps over 15000

What has made it go hard ... cheap money piped into the economy by the FED!

 

[burglar]

Dow Jones peeps over 15000

What has made it go hard ... cheap money piped into the economy by the FED!

Dow Jones fresh record high!


Market Update:

4:15 pm : The S&P 500 settled higher by 0.4% to register its fifth consecutive gain.

That streak appeared to be in jeopardy when stocks began the session on a lower note. However, the three-point slip at the open was enough to entice bargain hunters who sent the benchmark average to a fresh record high.

Cyclical sectors appeared weak during the opening minutes, but most economically-sensitive groups were able to rebound, and finish in the lead.

The materials space displayed strength from the start as industrial metals traded higher after China reported a wider-than-expected trade surplus. Gains in copper were notable as the red metal advanced 1.7% to 3.361 per pound.

 

[Wysiwyg]

Another surge to another gravity defying new high. Simply unreal (again).

 

[MARKETWINNER]

http://www.cnbc.com/id/100879524

Breaking Records: Dow and S&P 500 end at all-time highs, Nasdaq logs best close since 2000

 

[burglar]

Source: http://finance.yahoo.com

The stock market hit a record high Wednesday as investors cheered the Federal Reserve's surprise decision to keep its economic stimulus program in place.

 

[>Apocalypto<]

Source: http://finance.yahoo.com

stop this talk you will make Uncle Festivus upset.

 

[MARKETWINNER]

I don’t think anybody can identity market top or bottom 100% correctly. Still market may go higher during next six months while having volatility. We may have correction during next six to 12 months. Intelligent value investors will avoid over valued stocks while following wonderful businesses with great value. In addition contrarian markets players will follow out of favour sectors, commodities and stocks now.

As I said before it is time to identify the next most bullish stock markets, commodities, sectors, stocks and currencies before others.

My ideas are not a recommendation to either buy or sell any security or currency. Please do your own research prior to making any investment decisions.