Moneymoney

Wed Dec 26, 2018, 05:07 PM

DOW has a great rally 22838 up 1000 points

Previous close 21792. 52 wk high 26951. 52 wk low 21712.

NASDAQ : 6554 ▲

S&P : 2467 ▲

Soybeans : 8.71 ▼

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Reply DOW has a great rally 22838 up 1000 points (Original post)
uncledad Dec 2018 OP
Gamle-ged Dec 2018 #1
uncledad Dec 2018 #2
batcat Dec 2018 #3
uncledad Dec 2018 #4

Response to uncledad (Original post)

Wed Dec 26, 2018, 06:11 PM

1. Dow surges over 1,000 points, biggest single-day gain in history

Santa Claus came a little late this year — but Wall Street is smiling anyway.

The Dow Jones industrial average surged 1,086.25 points on Wednesday — its biggest single-day point gain ever — more than offsetting the 653-point drop in Monday’s shortened session, which had made history as the worst-ever Christmas Eve for the blue-chip index.

https://nypost.com/2018/12/26/dow-surges-700-points-recovers-from-christmas-eve-plummet/



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Response to Gamle-ged (Reply #1)

Wed Dec 26, 2018, 08:24 PM

2. That's the new .... possibilities

Come tomorrow, change...

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Response to uncledad (Original post)

Wed Dec 26, 2018, 10:23 PM

3. Something stinks here. ...

It is my bet some people are making an absolute fortune on these wild swings eithervbecause they control them or know when they will happen.

Somebody really good at hacking computers might have learned the algorithms the major firms use to trigger buying and selling stock.

If there is ever any proof that this has happened the Democrats will blame Putin and try to tie Trump into this devious scheme.

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Response to batcat (Reply #3)

Wed Dec 26, 2018, 11:23 PM

4. Yes, they do make a fortune on the swings.

But, they don't need to hack anything. Consider many of these people are connected, family, university, kid's schools, boards of directors, accounting firms, tailor shops, charity events, etc...

Mnuchin called a few CFO's, CEO's to check their liquidity and to reassure them Treasury would support them.

Read between the lines.

It has little to do with Putin. Or D's. Or R's. Although, they benefit by patronage and insider information.

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Moneymoney