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Dow Jones Average, S&P Close At Record Highs as Paris Accord Withdrawal Announced

Posted on 6/1/17 at 3:01 pm
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140682 posts
Posted on 6/1/17 at 3:01 pm
21,142.12 +133.47 (0.64%)
Jun 1 - Close
INDEXDJX real-time data - Disclaimer
Range 20,994.22 - 21,142.53
52 week 17,063.08 - 21,169.11
Open 21,030.55
Vol. 255.47M

LINK
This post was edited on 6/1/17 at 3:04 pm
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56165 posts
Posted on 6/1/17 at 3:07 pm to
Posted by Quidam65
Q Continuum
Member since Jun 2010
20520 posts
Posted on 6/1/17 at 3:10 pm to
I only wish he would have announced it tomorrow. Today is when shares in our TSP fund are purchased; if he would have announced tomorrow I could have had more shares and participated in the increase.
Posted by Jack Ruby
Member since Apr 2014
27322 posts
Posted on 6/1/17 at 3:11 pm to
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 6/1/17 at 3:13 pm to
AggieDub14 liquidated his stock fearing that pulling out of the accord would tank the market.
Posted by mtntiger
Asheville, NC
Member since Oct 2003
29880 posts
Posted on 6/1/17 at 3:27 pm to
Posted by conservativewifeymom
Mid Atlantic
Member since Oct 2012
14208 posts
Posted on 6/1/17 at 3:29 pm to
Well, well, what do you know? And all day we were deluged with 'news' stories about how CEOs are telling the President that we must stay in, that climate change is real. Once again, the market talks!
Posted by PsychTiger
Member since Jul 2004
110304 posts
Posted on 6/1/17 at 3:29 pm to
quote:

AggieDub14 liquidated his stock fearing that pulling out of the accord would tank the market.


Ah, that was the Lib idiot I was asking about in the other thread.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140682 posts
Posted on 6/1/17 at 3:56 pm to
quote:

AggieDub14 liquidated his stock
Not serious I hope.
Posted by Rakim
Member since Nov 2015
9954 posts
Posted on 6/1/17 at 3:57 pm to
Posted by WeeWee
Member since Aug 2012
45906 posts
Posted on 6/1/17 at 4:01 pm to
quote:

Dow Jones Average, S&P Close At Record Highs as Paris Accord Withdrawal Announced



That damn lying Trump, I am still not tired of winning.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10628 posts
Posted on 6/1/17 at 4:11 pm to
Jobs report might have had something to do with this.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140682 posts
Posted on 6/1/17 at 4:23 pm to
quote:

Jobs report might have had something to do with this.
Jobs report was out this morning. ATH's were only reached as we approached withdrawal announcement. They escalated into the close as Trump was speaking.
Posted by narddogg81
Vancouver
Member since Jan 2012
22199 posts
Posted on 6/1/17 at 4:25 pm to
quote:

quote:
AggieDub14 liquidated his stock

Not serious I hope.
I do hope
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
13532 posts
Posted on 6/1/17 at 4:25 pm to
quote:

AggieDub14 liquidated his stock fearing that pulling out of the accord would tank the market.



Please tell me this is true.
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10628 posts
Posted on 6/1/17 at 5:04 pm to
Did not see this. Was on L2 last 15 minutes of regular market hours. Seemed like a good time to go long VIX.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140682 posts
Posted on 6/1/17 at 5:06 pm to
quote:

Seemed like a good time to go long VIX.
Bingo!
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
140682 posts
Posted on 6/1/17 at 5:07 pm to
quote:

Seemed like a good time to go long VIX.
Unfortunately as time advances, like Hillary the problem is with the decay.
Posted by MizzouBS
Missouri
Member since Dec 2014
6897 posts
Posted on 6/1/17 at 5:09 pm to
What is the main type of companies driving the market?

Posted by Iowa Golfer
Heaven
Member since Dec 2013
10628 posts
Posted on 6/1/17 at 5:10 pm to
I always have open calls for insurance, but I currently have a speculative call spread, and I own a future's contract outright. The media narrative has been some fairly easy money. I've been selling against my calls, buying back, and doing it over, and over, and over.

It seems to be cooling off as the market doesn't react as much to the 5:15 Russia news drop as much recently. Comey could change this next week.
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