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Market recap: Stocks moved broadly higher, propelling the Dow and S&P 500 to new record...

Market recap: Stocks moved broadly higher, propelling the Dow and S&P 500 to new record levels and capping the year's strongest three-day rally. Investors took comfort in the knowledge the Fed is still very much in the mix, and surprisingly strong data from China and Europe provided an early base for optimistic sentiment. Gold was the one major weak area, knocked back by Goldman's cautious outlook.
Comments (15)
  • wapiti
    , contributor
    Comments (711) | Send Message
     
    Anybody see Sam Zell rip maria Bartiromo a new as$hole on CNBC after the close? Says we're in a stock market bubble just like RE a few years back Have to agree with him
    10 Apr 2013, 04:23 PM Reply Like
  • blackswans
    , contributor
    Comments (155) | Send Message
     
    It's too bad the market doesn't agree with you.
    10 Apr 2013, 05:14 PM Reply Like
  • Machiavelli999
    , contributor
    Comments (828) | Send Message
     
    People have been saying this market is going to crash for 4 years now. Sorry, you are all wrong. Unless Fed unexpectedly tightens significantly, stocks are going higher. Accept it. Profit from it. Stop selling doom & gloom.
    10 Apr 2013, 06:50 PM Reply Like
  • Don W Right
    , contributor
    Comments (25) | Send Message
     
    Agree with you, enough with doom & gloom.
    Already back in December 2012 opposite stance on the U.S. economy was expressed: http://bit.ly/Y20CEB.
    Market in 2013 agreed with this positive stance
    11 Apr 2013, 01:26 AM Reply Like
  • Bainjer
    , contributor
    Comments (60) | Send Message
     
    The Bernanke illusion is great isn't it?
    10 Apr 2013, 07:36 PM Reply Like
  • Ben Bernankes friend
    , contributor
    Comments (473) | Send Message
     
    Earnings have not justified the move in this market.
    10 Apr 2013, 08:01 PM Reply Like
  • mweaver
    , contributor
    Comments (201) | Send Message
     
    multiple expansion coming to an asset class near you
    10 Apr 2013, 08:52 PM Reply Like
  • Macro Investor
    , contributor
    Comments (8782) | Send Message
     
    I really feel bad for the bears. Last Friday was just cruel. Gave so much hope initially and then pulled the rug out from under their feet.
    10 Apr 2013, 09:08 PM Reply Like
  • Robert Duval
    , contributor
    Comments (6774) | Send Message
     
    When a billionaire talks candidly like Sam Zell did, it might pay to listen. Jmo.

     

    Nothing ever is new. Market blows up, everyone turns bullish after 4 years.
    10 Apr 2013, 09:37 PM Reply Like
  • Macro Investor
    , contributor
    Comments (8782) | Send Message
     
    Another billionaire, John Paulson, was touting GLD - the gold ETF - couple years back. People who listened to him made a lot of money, right?
    10 Apr 2013, 10:21 PM Reply Like
  • june1234
    , contributor
    Comments (3264) | Send Message
     
    I like the way the Japanese do it. They publicly announced they wanted to see Nikkei at a certain level by March 31 printed enough cash to do it ;everybody wins. That's what I call a level playing field
    10 Apr 2013, 09:53 PM Reply Like
  • srspa77
    , contributor
    Comments (326) | Send Message
     
    The crash is coming soon folks. I'd say in the next month or so. Hope you are in cash. If you aren't you're going to get raked over the coals.
    10 Apr 2013, 10:53 PM Reply Like
  • kyleg17
    , contributor
    Comments (174) | Send Message
     
    I got raked over the coals already :(
    11 Apr 2013, 01:31 AM Reply Like
  • EK1949
    , contributor
    Comments (1788) | Send Message
     
    The crash is coming soon?

     

    Let's see, we got 1929, then 2008....... yep, summer of 2013, right on time.
    11 Apr 2013, 01:41 AM Reply Like
  • mickmars
    , contributor
    Comments (1322) | Send Message
     
    If we've learned anything. Buy low. Sell high. Don't worry about charts or fundamentals. See 2009 for stocks.

     

    Do the things that are psychologically hard to do. Setting limit sells on some of your stocks is the hard thing to do right now....

     

    Oil stocks and commodities haven't participated in this Fed run-up, but they will. Lightening up on the broader stock market and moving into these look like the best play.
    11 Apr 2013, 07:54 AM Reply Like
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