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Wall Streets Liked the Jobs Report

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Crabtownboy

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Wall Street liked the jobs report.

The Dow Jones industrial average is closing at another record high after the government reported an unexpected surge in hiring last month.

The Dow rose 167 points, or 1.1 percent, at 15,761. JPMorgan Chase and Goldman Sachs rose the most in the Dow. The index also closed at a record high on Wednesday.

The Standard & Poor's 500 rose 23 points, or 1.3 percent, to 1,770, just one point below the all-time high it set on Oct. 29.

The Nasdaq composite rose 61 points, or 1.6 percent, to 3,919.


http://www.huffingtonpost.com/2013/11/08/dow-october-jobs-report_n_4242463.html
 

Crabtownboy

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How big can the money printing bubble get before it pops?

My sincere suggestion to you, and it is a very sincere suggestion, is that if that is your understanding of the market, then never, never invest on your own. And be very careful if you invest through a broker or adviser in who you select.
 

poncho

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My sincere suggestion to you, and it is a very sincere suggestion, is that if that is your understanding of the market, then never, never invest on your own. And be very careful if you invest through a broker or adviser in who you select.

I've always found precious metals to be sound investments. My sincere suggestion to you is get any money you may have in the market out. If your money isn't in your pocket it isn't yours.
 
Wall Street liked the jobs report.
And you who think the corporations are the ruination of the U.S. and the world, and if you had your way you'd imprison the executives and boards of directors for life -- how is it this is important to you?

And by the way, the Dow being up 175 points has nothing to do with the jobs report. The Dow went up when the jobless rate went down, and now it goes up when the jobless rate increases. It's in disconnect, no contact with reality.
 

Crabtownboy

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And you who think the corporations are the ruination of the U.S. and the world, and if you had your way you'd imprison the executives and boards of directors for life -- how is it this is important to you?

Not at all else I would not be investing in the market. It is the Republicans and Tea Party folk that I believe will ruin the country and our economy if their beliefs are put into play.

I am a firm believer in a regulated Capitalism. There is no better economic system. I do not believe in a non-regulated Capitalism as history has shown that a non-regulated Capitalism is very bad. If you do not believe me read about the Robber Barron era in our history. A new book The Bully Pulpit by Doris Kearns Goodwin addresses this era. I have not read it yet, but plan to do so. In fact, I have it on hold at my local public library. She is the author of the excellent book, Team of Rivals.

And by the way, the Dow being up 175 points has nothing to do with the jobs report. The Dow went up when the jobless rate went down, and now it goes up when the jobless rate increases. It's in disconnect, no contact with reality.

This only shows you do not understand what you are reading. I do not mean that as an insult. You contradicted yourself. Jobs going down is about jobs.

Now if you want to seriously discuss investing I will be happy to discuss that with you. But espousing Tea Party philosophy is not a way to discuss investing rationally or seriously.
 
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poncho

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Not at all else I would not be investing in the market. It is the Republicans and Tea Party folk that I believe will ruin the country and our economy if their beliefs are put into play.

I am a firm believer in a regulated Capitalism. There is no better economic system. I do not believe in a non-regulated Capitalism as history has shown that a non-regulated Capitalism is very bad. If you do not believe me read about the Robber Barron era in our history. A new book The Bully Pulpit by Doris Kearns Goodwin addresses this era. I have not read it yet, but plan to do so. In fact, I have it on hold at my local public library. She is the author of the excellent book, Team of Rivals.



This only shows you do not understand what you are reading. I do not mean that as an insult. You contradicted yourself. Jobs going down is about jobs.

Now if you want to seriously discuss investing I will be happy to discuss that with you. But espousing Tea Party philosophy is not a way to discuss investing rationally or seriously.

Yeah we can't trust anyone that believes in a free market vs a market controlled by foreign bankers and transnational corporations. That have been caught red handed manipulating the market for their personal gain. :rolleyes:
 
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Crabtownboy

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poncho

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If you believe in a free market than you believe in NAFTA.

And I said nothing about control by foreign bankers. Can you stay on topic and continue a logical discussion?

NAFTA has nothing to do with a free market.

Of course you didn't say anything about our economy being controlled by foreign bankers and transnational corporations. If you were to admit that the market is being manipulated your whole argument about "free markets" would go down the drain.
 
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Crabtownboy

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NAFTA has nothing to do with a free market.

Of course you didn't say anything about our economy being controlled by foreign bankers and transnational corporations. If you were to admit that the market is being manipulated your whole argument about "free markets" would go down the drain.

Of course it does mean a free market. No tarriffs means the market is free.

You do realize that NAFTA stands for North American Free Trade Agreement. Free trade means a free unhindered market.



The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.

http://en.wikipedia.org/wiki/North_American_Free_Trade_Agreement

So if you are going to be consistent you have to be in favor of NAFTA. Free trade ..... free market.
 

InTheLight

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And you who think the corporations are the ruination of the U.S. and the world, and if you had your way you'd imprison the executives and boards of directors for life -- how is it this is important to you?

Wow, could you possibly misrepresent CTB any further? Disagree with him, fine, but don't make up stuff to criticize.

And by the way, the Dow being up 175 points has nothing to do with the jobs report. The Dow went up when the jobless rate went down, and now it goes up when the jobless rate increases. It's in disconnect, no contact with reality.

Has everything to do with the jobs report being better than expected.
 
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Crabtownboy

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I've always found precious metals to be sound investments. My sincere suggestion to you is get any money you may have in the market out. If your money isn't in your pocket it isn't yours.

Investing in precious metals is just like investing in stock. Precious metals go up and go down. You have to watch your investments carefully, moving money in and out at your advantage. The last year has not been a time you should have your money in gold. If you had sold short you would be WAY ahead now.

USD_Line_1year_300x150.gif


However now might be a time to buy. But watch out if it breaks below the bull support line.

SharpChartv05.ServletDriver


From www.stockcharts.com
 
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poncho

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The metals I'm holding have all increased in value over the last year and it looks as though that trend will continue for a long time yet.
 
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Crabtownboy

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The metals I'm holding have all increased in value over the last year and it looks as though that trend will continue for a long time yet.

I don't know what you are holding, but it isn't gold, silver or platinum as they have lost in value this year. If you are holding palladium you are just about even for the year. Those are the four metals traded on the COMEX.

Whatever you are holding it is not easy to trade. Care to tell us what you are holding?
 

poncho

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I don't know what you are holding, but it isn't gold, silver or platinum as they have lost in value this year. If you are holding palladium you are just about even for the year. Those are the four metals traded on the COMEX.

Whatever you are holding it is not easy to trade. Care to tell us what you are holding?

Already told you. It's like way easy to trade and the demand just keeps increasing.
 
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