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First time since 1964 DOW nine straight weekly gains to start year
Posted on 2/22/19 at 3:36 pm
Posted on 2/22/19 at 3:36 pm
quote:
Both the Dow Jones Industrial Average and Nasdaq Composite Index have yet to register a weekly decline so far this year. With more gains to close this week, both major indices notched a nine-week winning streak that started in the last week of the year.
This is the first time since 1964 that the Dow has rallied in each of the first nine weeks to kick off the year. The previous back-to-back week record was hit in 1964, when the Dow rose in all of the first 11 weeks through mid-March. Throughout those weeks, the Dow jumped 7 percent which was about half of its 14.6 gain for that year. Total, the Dow saw a 13-week winning streak that started in the last two weeks of 1963.
People were predicting doom in December
This post was edited on 2/22/19 at 3:38 pm
Posted on 2/22/19 at 3:37 pm to HailHailtoMichigan!
The year of the "MAGIC WAND"
Posted on 2/22/19 at 3:38 pm to HailHailtoMichigan!
Seems right with the massive tech sell off to end last year.
Posted on 2/22/19 at 3:40 pm to HailHailtoMichigan!
ELECT SOCIALISTS NOW!!!
Posted on 2/22/19 at 3:42 pm to HailHailtoMichigan!
quote:
First time since 1964 DOW nine straight weekly gains to start year
Posted on 2/22/19 at 3:42 pm to HailHailtoMichigan!
You’re welcome
-Barack Obama
-Barack Obama
Posted on 2/22/19 at 3:43 pm to HailHailtoMichigan!
Is it the Obama economy again?
Posted on 2/22/19 at 3:44 pm to HailHailtoMichigan!
I'm not unhappy about it.
Posted on 2/22/19 at 3:50 pm to HailHailtoMichigan!
Kudos to the first poster to predict CNN's racist or sexist angle to the DOW results.
Posted on 2/22/19 at 4:14 pm to HailHailtoMichigan!
I put as much stock in Trump raising the stock market in 2019 as him lowering it in late 2018.
Posted on 2/22/19 at 4:20 pm to HailHailtoMichigan!
Driven seemingly entirely off of the Fed tapping the brakes because the global economic outlook sucks but whatever.
Posted on 2/22/19 at 4:20 pm to HailHailtoMichigan!
It's great to see the Obama economy kick back in after the horrible fourth quarter Trump brought us.
Posted on 2/22/19 at 4:34 pm to HailHailtoMichigan!
quote:
quote:
Both the Dow Jones Industrial Average and Nasdaq Composite Index have yet to register a weekly decline so far this year. With more gains to close this week, both major indices notched a nine-week winning streak that started in the last week of the year.
This is the first time since 1964 that the Dow has rallied in each of the first nine weeks to kick off the year. The previous back-to-back week record was hit in 1964, when the Dow rose in all of the first 11 weeks through mid-March. Throughout those weeks, the Dow jumped 7 percent which was about half of its 14.6 gain for that year. Total, the Dow saw a 13-week winning streak that started in the last two weeks of 1963.
People were predicting doom in December
Thanks for the jinx dude.
Date Minneapolis, January 17, 1999
HHTM - "Gary Anderson has not missed a field goal or XP ALL YEAR. Go ahead and count this 39 yarder."
Posted on 2/22/19 at 6:02 pm to HailHailtoMichigan!
yeah..but what about all of these lynchings, smart guy?
Posted on 2/23/19 at 2:08 pm to HailHailtoMichigan!
The US stock market has been on a bull run since April of 2008. Trumps deregulation and tax cuts have helped but don’t act like it’s a different economy than Obama’s. It’s the same one.
My 401k 10 year rate of return was 10.0 the day Trump took office. Today it’s 8.7.
My 401k 10 year rate of return was 10.0 the day Trump took office. Today it’s 8.7.
This post was edited on 2/23/19 at 2:11 pm
Posted on 2/23/19 at 2:12 pm to HailHailtoMichigan!
Hope is a helluva thing
Posted on 2/23/19 at 2:28 pm to HailHailtoMichigan!
"Muh economic crash is just around the corner due to Trump's policies" ~ Liberals
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