The truth is that retail investors are not back in the stock market.AP Updated: Friday, January 25, 5:06 PM
The Standard & Poor’s 500 index closed above 1,500 for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks. The Dow Jones industrial average and the Nasdaq also closed higher.
The Dow Jones industrial average rose 70.65 points, or 0.5 percent, to close at 13,895.98.
The Standard & Poor’s 500 index rose 8.14 points, or 0.54 percent, to 1,502.96.
The Nasdaq composite rose 19.33 points, or 0.62 percent, to 3,149.71.
For the week:
The Dow is up 246.28, or 1.8 percent.
The S&P 500 is up 16.98, or 1.1 percent.
The Nasdaq is up 15, or 0.5 percent.
For the year 2013
Jobs coming back, housing coming back,people have more money in their pockets
Thanks President Obama,,,,,,,,,,
" People are investing into the stock market,they have faith in the growing economy and this news means great savings for people in their 401 K portfolios,say James Newman of New Hampshire University. " "I also think the election of Barack Obama plays a big factor in the boost to the economy"..........
#46154 Jan 25, 2013
#46155 Jan 25, 2013
Really? Even with a balanced budget and no tax increases?
Who will the Democrats run?
Plus, Corbett will look good when the NCAA folds in the Penn State lawsuit.
#46156 Jan 25, 2013
Corbett looks bad in the Penn St scandel. As Attorney General of Pennsylvania, Corbett would not touch the Penn State investigation even as the victims kept piling up. As a PSU Board of Trustee member, he agreed to the sanctions in July.
So now, months later, he wants to breach the agreement that the Board of Trustees agreed to.
From the PSU Board of Trustees July Press Release:
"The University and the Board will comply with the NCAA’s sanctions"
Lets look at Corbett's approval ratings:
Since: May 09
#46157 Jan 25, 2013
@TaxNoMore, I wish you'd stop pasting just random, worthless shit all the time and just contribute to the conversation at hand. I know you get excited after a long masturbatory session with Fox News, but I find a little humility goes a long way. Even if that means being subjected to your opinions.
#46158 Jan 25, 2013
Unlike other failed prosecutions, Corbett waited until he had an iron-clad case against Sandusky.
The NCAA is a monopoly in violation of every antitrust law on the books and the NCAA will never take the risk of going to court. Expect a settlement in which the penalties against Penn State are substantially reduced.
Since: May 09
#46159 Jan 25, 2013
OK, so I'll admit I've been having a little trouble following this. But from what I can tell, a user named Skip to the Pee Pee is against it.
Unfortunately, I'm not seeing much of a compelling argument from either side. So let me take one....
The conservative crowd is decidedly anti government, anti union. Perhaps a simplification, but come on, that is a bit of a mantra at this point.
So why, oh why, would there be support for LITERALLY socialized alcohol sales in the state of Pennsylvania?
Well, first you have to remove the prudish, teetotaling portion of the state - those who want the guv'ment to keep their grubby hands off their guns and out of women's vaginas.
This is THE ISSUE where I agree with conservatives. End socialized wine & liquor sales. Open up the free market. Allow "distributors" to sell six packs.
Pennsylvania is becoming a great beer state, with some incredible craft breweries opening up all the time.
Don't be a hypocrite - if you're anti-socialism, then you have to be for this.
#46160 Jan 25, 2013
If you liberals are so gung ho on producing ID to purchase guns and ammo, which is a constitutionally guaranteed right, then I want ID to be produced when people go to vote!
You can't have your cake and eat it too.
It's both or neither...
#46161 Jan 25, 2013
Not sure what you think my position is, but I am completely opposed to the existing state liquor store system.
As for beer, the existing case-oriented beer distributor system is a joke. They are free to stay in business, if anybody wants to patronize them, but beer should be sold in six-packs (or whatever quantity) in supermarkets, along with liquor and wine.
#46162 Jan 26, 2013
FOX news is getting rid of their riff raff
Sarah Palin gets FIRED!!
NEW YORK (AP)— Fox News Channel is parting ways with former Republican vice presidential candidate Sarah Palin, ending her three-year tenure as a contributor on the network.
While Palin's time at Fox was occasionally rocky, the network's news executive, Bill Shine, said Friday that "we have thoroughly enjoyed our association" with her.
"We wish her the best in her future endeavors," said Shine, Fox's executive vice president for programming.
She couldnt see Russia from the FOX studio..........
#46163 Jan 26, 2013
and when your gun owner finds out he needs a birth certificate with a raised seal to get the id he needs--he will realize that he has to spend around $40 to get his birth certificate.
then the gun owner will realize the problem with voter ID in PA.
besides republicans wanted voter id to help elect romney.
"Voter ID, which is gonna allow Governor Romney to win the state of Pennsylvania, done.”
The statement drew a loud round of applause from the audience. It also struck a nerve among critics, who called it an admission that they passed the bill to make it harder for Democrats to vote — and not to prevent voter fraud as the legislators claimed."
#46169 Jan 26, 2013
Yes, President Obama, the Constitution applies to you, too.....but but but I know whats best for the US and my sheeples.
Sometimes, Barack Obama acts like the Constitution does not apply to him and the Congress is an imaginary being. Friday, the United States Court of Appeals brought the president back to Earth and reminded him that that the Constitution’s Appointments Clause and the U.S. Senate are very much part of reality by voiding three of Obama’s recess appointments to the National Labor Relations Board.
Read more: http://www.foxnews.com/opinion/2013/01/25/yes...
#46170 Jan 26, 2013
We have plenty of time, not to worry.
Time to get tough with North Korea and Iran as imminent nuclear bomb test looms
Read more: http://www.foxnews.com/opinion/2013/01/26/tim...
#46171 Jan 26, 2013
We disagree on the term "free" in free market. Example: I let you get $100 in groceries off my Access card in return for $25 cash you pay to me which I buy a fishing pole with. How did my did my $25 enter the legitimate free market, by magic? No, the free market value was in government.
My free refers to "not coerced". Al Capone sold illegal poisonous bathtub gin to willing buyers. I'd say that was the market at play legitimized by government sor not.
At the opposite end of the equation we vote in legislators who stymie things. But as long as we are free to reverse that vote IMO it's part of a "free market" as far as value for value transactions go. The marketplace of ideas dictates the free market of commerce. Always has.
PS Don't blame me, my parents named me.
#46172 Jan 26, 2013
I will not stand for these Nerf guns anymore. I have turned this over to my loose cannon the great Joe Biden. There needs to be tougher laws. We must prevent these from getting into the hands of the mentally ill. If we don't do something soon they will end up in our fine schools with more future sheeple being killed. Stand with me my sheeple and show me your support.
Investigated for Assault ...
With a Nerf Gun!
Read more: http://www.tmz.com/2013/01/26/justin-bieber-n...
Visit the TMZ Store: http://tmzstore.com
#46174 Jan 26, 2013
Most gun owners already have driver's licenses or other acceptable forms of ID.
In fact, just about everybody except fugitives and illegal aliens already have acceptable IDs.
#46175 Jan 26, 2013
All state lotteries, including the Pennsylvania lottery, would be considered consumer fraud if operated by anyone other than the government.
A total ripoff victimizing the poor and the ignorant.
#46177 Jan 26, 2013
I don't really care one way or another. As long as I can get my Nattie Light, it's all aces for me. I do wish it was more convenient though.
As to the free market we can either call all things completely free or completely limited because depending on how you look at it either case could be made.
I like that you brought up the idea of people being consistent in their positions. I can look at everything as a position of good. Then it just becomes a matter of the majority rules in many (but not all) cases. There's not evil and blessed, just preferences.
Don't have a stroke people.
I'm skip the pee pee and I endorse this message ;)
#46178 Jan 26, 2013
That sounds like fraud, not the free market.
A good reason why welfare bums should be given groceries and not a debit card.
#46180 Jan 26, 2013
Same with the stock market, the budget...
#46181 Jan 26, 2013
I don't agree people on welfare are necessarily bums but I agree they should get basic food stuffs as groceries, not a debit card. If they want to sell their pack of carrots on the street corner, I say go for it.
And while trading Access Card money for cash is fraud it's still a free market transaction, the subject we were discussing.
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