"Wall Street Week Ahead: Bears hibernate as stocks near record highs"
""Stocks have been on a tear in January, moving major indexes within striking distance of all-time highs. The bearish case is a difficult one to make right now.
Earnings have exceeded expectations, the housing and labor markets have strengthened, lawmakers in Washington no longer seem to be the roadblock that they were for most of 2012, and money has returned to stock funds again.
The Standard & Poor's 500 Index (^GSPC) has gained 5.4 percent this year and closed above 1,500 - climbing to the spot where Wall Street strategists expected it to be by mid-year. The Dow Jones industrial average (^DJI) is 2.2 percent away from all-time highs reached in October 2007. The Dow ended Friday's session at 13,895.98, its highest close since October 31, 2007.
The S&P has risen for four straight weeks and eight consecutive sessions, the longest streak of days since 2004. On Friday, the benchmark S&P 500 ended at 1,502.96 - its first close above 1,500 in more than five years.
"Once we break above a resistance level at 1,510, we dramatically increase the probability that we break the highs of 2007," said Walter Zimmermann, technical analyst at United-ICAP, in Jersey City, New Jersey. "That may be the start of a rise that could take equities near 1,800 within the next few years.""
Other than your ignorant opinions, do you have any actual data that would indicate the country is on the skids??
Everything you listed is on the official "Stupid List" the Republiclowns are attempting to distance themselves from.
You, being a dumb Teabagger, haven't gotten th ee-mail yet!!
You don't see a correlation? You're not only simplistic but shallow.
Too many murders and assaults: ban guns and weapons.
Too many unwed mothers and fatherless children: free contraceptives and abortions.
Federal spending out of control: raise taxes.
Children getting sh!tty educations: give teachers more money.
Energy costs through the roof: subsidize failed green energy schemes.
No jobs: penalize job creators and employers.
No wonder this country is on the skids, this is the thinking in the White House.