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Started By
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Stock Market
Posted on 6/6/12 at 10:13 am
Posted on 6/6/12 at 10:13 am
Why is the stock market rising in past couple days? I still see Europe not being able to decide on what they want to do. They won't lower interest rates. The U.S. only created 69,000 jobs in May compared to 140,000ish jobs in April.
Is this a temporary fix for a greater crash later?
or what's going on?!
Is this a temporary fix for a greater crash later?
or what's going on?!
8
Posted on 6/6/12 at 10:15 am to LSUTigers00884
quote:
Is this a temporary fix for a greater crash later?
Posted on 6/6/12 at 10:22 am to LSUTigers00884
Awesome thread title.
quote:
By CNNMoney staff @CNNMoneyInvest June 6, 2012: 10:23 AM ET NEW YORK (CNNMoney) -- US stocks rallied Wednesday as investors digested comments from the European Central Bank and weighed a new proposal for European-wide bank rescues and bailouts.
quote:
By Adam Samson The markets rallied amid hopes global policymakers will take action to boost the economy even after the ECB chose not to take imminent action after its monetary-policy meeting.
quote:
Bloomberg - 39 minutes ago
Crude oil futures pared gains after the US Energy Department said stockpiles fell less than expected last week. Inventories of crude oil slipped 111000 barrels to 384.6 million, the department said.
Posted on 6/6/12 at 10:26 am to TheHiddenFlask
quote:
Awesome thread title.
I was thinking the same thing
Posted on 6/6/12 at 10:29 am to LSUTigers00884
quote:
Why is the stock market rising in past couple days?
Jon Hilsenrath NYT article and Steve Liesman rant on CNBC. Add a pinch of the Scott Walker win and we have risk on at least for right now.
Posted on 6/6/12 at 10:30 am to Blakely Bimbo
quote:
Add a pinch of the Scott Walker win and we have risk on at least for right
The markets do seem to be loving conservative wins recently.
Posted on 6/6/12 at 10:30 am to LSUTigers00884
Lordy, if I checked the stock market every day I'd go batty. Once a month is my limit. And last month I lost 7K.
Posted on 6/6/12 at 11:15 am to Zach
Didn't CNBC air a special report on Sunday night "Stock Market in Turmoil" with Jim Cramer and Maria B?
I held off on buying BP, Linn Energy (LINE), and Magnum Hunter Resources (MHR) after seeing this program.
I held off on buying BP, Linn Energy (LINE), and Magnum Hunter Resources (MHR) after seeing this program.
This post was edited on 6/6/12 at 11:24 am
Posted on 6/6/12 at 11:17 am to Zach
I'm no day trader, but I read up on anything I'm holding and considering, on a daily basis.
I compare it to "celebrity gossip" for women.
I compare it to "celebrity gossip" for women.
Posted on 6/6/12 at 11:51 am to TigerDeBaiter
quote:
I compare it to "celebrity gossip" for women
God don't even get me started on how many these arguments I've gotten into that I never win.
"why are you reading that stupid newspaper instead of talking to me?"
Me: your watching the fcking bachelor. Enough said.
Then I lose...
I think this is a faux rally on speculation and technicals of being over sold. There are more unresolved questions than there are potential answers. Don't buy the rally yet...
Posted on 6/6/12 at 11:53 am to greenhead11
quote:
"why are you reading that stupid newspaper instead of talking to me?" Me: your watching the fcking bachelor. Enough said.
Are you fricking my girlfriend?!
Posted on 6/6/12 at 11:58 am to mule74
quote:
Are you fricking my girlfriend?!
Had he said "looking at pinterest", I would have to kick his arse.
Posted on 6/6/12 at 11:58 am to TheHiddenFlask
quote:I'm thinking about starting a thread titled "Wheat Market"....
Awesome thread title.
Posted on 6/6/12 at 12:44 pm to LSURussian
quote:
awesome thread title
So basically... no one knows? hahahaa
Gotta love
Posted on 6/6/12 at 12:52 pm to LSUTigers00884
quote:
So basically... no one knows? hahahaa
Did you not read my fricking post?
Posted on 6/6/12 at 1:04 pm to Zach
I monitor my 401K on a daily basis and after the past couple weeks, I literally almost ran around my office giving out high fives at 930 this morning.
That excited.
That excited.
Posted on 6/6/12 at 1:09 pm to greenhead11
Yep, replace that with real housewives and it's pretty much to the tee.
Posted on 6/6/12 at 1:17 pm to TheHiddenFlask
quote:
By CNNMoney staff @CNNMoneyInvest June 6, 2012: 10:23 AM ET NEW YORK (CNNMoney) -- US stocks rallied Wednesday as investors digested comments from the European Central Bank and weighed a new proposal for European-wide bank rescues and bailouts
quote:
By Adam Samson The markets rallied amid hopes global policymakers will take action to boost the economy even after the ECB chose not to take imminent action after its monetary-policy meeting.
Last quote seems like okay news.
First two quotes are nothing but speculation.
Am i missing something? Excuse my inexperience please.
Posted on 6/6/12 at 2:04 pm to LSUTigers00884
(no message)
Posted on 6/6/12 at 2:06 pm to LSUTigers00884
quote:
First two quotes are nothing but speculation.
That's what market movements are: speculation. By the time something actually happens, it should already be priced in.
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