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Market recap: The S&P extended its winning streak to eight on strong reports from P&G,...

Market recap: The S&P extended its winning streak to eight on strong reports from P&G, Halliburton and others to close above 1500 for the first time since 2007, with the next stop the 1565 high. Not too hot, not too cold: Earnings have come in better than expected, and money seems to be moving into stocks without a stampede. Treasury prices fell on signs the eurozone is healing from its sovereign debt crisis.
Comments (20)
  • HUH?
    25 Jan 2013, 04:17 PM Reply Like
  • Yes, you are economically incompetent.
    25 Jan 2013, 07:33 PM Reply Like
  • "signs of eurozone healing from its soverign debt crisis"? Don't make me laugh.


    - unemployment up again in Spain, 10yr Bond yield +3.25% today.
    - UK wants to leave EU, unless terms renewed, triple dip.
    - Cyprus recognised as basket case money laundering operation.
    - Italy banks in crisis.
    - France and many others still contracting


    All the things announced by Draghi - never deployed e.g. OMT


    Only Germany is the exception?
    25 Jan 2013, 04:27 PM Reply Like
  • German 4th Qtr GDP was contracting -0.4%
    26 Jan 2013, 10:03 AM Reply Like
  • - USA: S&P hits 1,500 for first time in 5 years
    This was not in surprise to me and was accurately explained in the article published on DECEMBER 27:
    26 Jan 2013, 12:06 PM Reply Like
  • Germany clearly needs more austerity. Otherwise the situation there will keep worsening.


    Seriously, don't people ever learn? UK is now in a triple dip recession because of austerity, too.
    26 Jan 2013, 05:17 PM Reply Like
  • We do not need S&P to hit 1500 or the economy to recover. We need more austerity so that we can feel good about hurting ourselves.
    26 Jan 2013, 05:19 PM Reply Like
  • The "market" is noticing that things are getting better in the Eurozone with a recent auction in Spain being overbid by a lot.


    US economy is rebounding pretty strong after the crisis brought by the tea party.


    Retail Sales hitting all time highs, corporate earnings magnificent....what's not to like?
    25 Jan 2013, 06:21 PM Reply Like
  • Doom and gloomers never like anything.
    25 Jan 2013, 06:27 PM Reply Like
  • Tell WalMart about retail sales my friend!!


    Or Olive Garden, Red Lobster, Caterpillar...etc


    To think a person can't see a market on steroids just blows my mind. The FOMC minutes last week almost tanked the markets, if you don't see that i think you need to have your eyes examined!!


    Blind leading the blind!
    26 Feb 2013, 07:56 PM Reply Like
  • The Fed will be more careful next time, but I hope they are not.
    28 Feb 2013, 05:09 PM Reply Like
  • Been on this bus for over 800 S&P points and not looking to get off any time soon.


    Record high is coming.


    I love the gloom.


    25 Jan 2013, 07:09 PM Reply Like
  • Investors are pointing the gun at the head of congress to increase borrowing massively. The market's stealthy edging up is betting on this outcome. The rest of the world cheerleaders the US to massively increasing its borrowing, especially from China.


    Paradoxically, this pathological borrowing is akin to China importing Opium in its Late Qing Dynasty and Warlord Era.


    It is a sign of rapid spiraling decay of a nation.
    26 Jan 2013, 10:12 AM Reply Like
  • Spot on. We need austerity so that we can become more like UK and have a crushing Greater Depression. That would build character. What do we want more? A comfortable life for Americans, or character?
    26 Jan 2013, 05:20 PM Reply Like
  • Ah the bogeyman of "the decay of our Nation", just like "the US is a shooshalist state!!!.
    I'm so scared.....hahahahahah...
    26 Jan 2013, 04:37 PM Reply Like
  • February, The Month Of Amends!?
    ~ Before this month, January is over, can we see 1450 on the S & P !?
    ~Before February is over, can we see 1250 on the S & P !?
    ~ 3.5 % correction.
    ~ 17% crash .(then, I retire!)
    ~ I am long VIX .....Thanks.
    27 Jan 2013, 04:31 PM Reply Like
  • Why stop at 17% crash? If you are dreaming, dream big. Go for a 117% crash.
    27 Jan 2013, 04:33 PM Reply Like
  • Pete, on your mind you can be rich and retire if you want, heck those are your fantasies.


    In the real life, you are going broke.....
    28 Jan 2013, 07:58 AM Reply Like
  • Thank you M. I..............Do you remember the '87 Crash?
    No, Interest rates are not going up; but after the GDP report this week and the Dallas Mnfg survey, could another negative number do the trick!?
    ~ Our daaahling President, looks to me like the captain of the New Titanic.
    ~ The U S Natonal debt and The mortgage debt is $ 30 t r i l l i o n. The Fed has not extinguished the flames!
    ~ Do you know how to dig a fox hole........Who is doing the dreaming ?
    28 Jan 2013, 11:09 AM Reply Like
  • The same crowd that waved the Olive Branch to the inauguration procession singing 'Hosanna in the highest, Hosanna to your King' would just turn nasty when the crash comes.


    Then, the band would play the 'Nearer My God Thee, Angels will Beckon Thee' in no time.
    28 Jan 2013, 12:18 PM Reply Like
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