US stocks are kicking ass today!
 

I think Im gonna be sitting on quite a nice little nest egg by the end of the day!
Eat you fucking liberal anti-capitalists! :1orglaugh :1orglaugh :1orglaugh :1orglaugh

i am watching the ticker also so far so good today

Been rockin' lately. :thumbsup

Had one stock jump 20% in one day this week :-)

awesome

Symbol Last Change
Dow 12,912.08 Up 103.45 (0.81%)
Nasdaq 2,520.49 Up 15.14 (0.60%)
S&P 500 1,479.74 Up 9.01 (0.61%)
10-Yr Bond 4.68% Up 0.01

damn google!

wooohooo I am making BANK

I can't watch them daily....too scary for my blood!

Get in heavy...

AAPL....

iphone is coming sooon... =)

Nice close today.

Funny, but when Clinton was in office and it hit 10,000 the media was SCREAMING how great the economy was.... and that was based on dot.coms that had no profits. Now that it hits 13,000 the media just says things very quietly like, "well, it may not be stable"

Sometimes the bizarre leftness of the mainstream news is almost Orwellian

Great article about rise of Dow :
http://www.financialsense.com/fsu/ed...2007/0416.html

I hate loosing around 10% of my investment in dollar value against our growing currency (CZK) every year .
However I made some nice coin today too, fucking love this shitty .pk stocks

High Five baby!!! *SMOOCH* :thumbsup :thumbsup

(quoted because it's TRUE) oh and because I love Sperbonzo hehe

Great observation :1orglaugh

yay for us :)

capitalism rules

Nice ride for all of us!

shhhhhhhhhhhhhhhh thats good news, no one talks about that anymore

I just love when Google jumps. I got in on the IPO at $85 a share. $$$$$

My mutuals did pretty good today too.

PK

Yeah, but here is the question: If you took all the money you had in stocks and instead had bought a euro bond a couple of years ago, which one would be further ahead net?

euro bonds...
:1orglaugh :1orglaugh :1orglaugh :1orglaugh :1orglaugh :1orglaugh

Splum, I use the term "bond" generically to include currency purchases, Forex style transactions.

Take US$ to euro conversion at the bottom (0.90) and the current (1.30) which represents a .40 shift. 0.40 / 0.90 = 44% shift.

Now, has the DJIA or similar moved up 44% over the same time?

The US market may be up, but in relative terms to other currencies, the buying power is down.

http://chart.finance.yahoo.com/c/5y/g/goog :thumbsup

Was just checking that Alex - "should" have made a blip on currency exchange considering it is an earnings time - but no change...

Euro 1.36 and GBP 2.004.

Jones Soda Co
 

Up and Down makeing a lot of money on this stock

JSDA

Nice tip! Whats the reasons with this one? Summer distribution deals or something?

that really good..:) :) :)

For every google, there is an enron. Rare that you would pile all of your money into a single stock. In fact, if you bought into Google in January 2006, you are actually a net value loser at this point.

DJIA - 2002 to today - from 10k to 13k (round numbers) or a move of about 30%. (with a better result if you started in 2003, where it bottomed out).

Plus, of course, you could have bought gold at $300 US an ounce, sell it at today's $692 and made 125%... less of course the 44% because of losses to the Euro (and most other major currencies).

there are plenty of options.

Spin it all you want against American stock markets(I know your agenda). I have nearly a 400% return on my diversified investments in the USA since 2003. :1orglaugh

Well, good for you. You understand though that because of currency shifts to the Euro and others, somewhere around 40-50% of that return has been lost in relative value? Realistically, in 2003 dollars, you are up 200% or so, which is quite good.

Congrats.

Relative value to WHOM? I do no purchasing beyond the USA. :1orglaugh

Nothing I can say here will make you understand the basic concept. Nevermind. Congrats, you are a millionaire. Live well.

Under Clinton, the DOW went from 3,500 to 11,500.

Under Bush, the DOW has gone from 11,500 to just under 13,000.

stock market is always interesting

exactly. nice article showing real value of DOW:
http://www.financialsense.com/fsu/ed...2007/0416.html

:error :1orglaugh :1orglaugh wow not much you can say to that. That was a joke right?

I agree. I have been telling some people about it. Leaps are your best bet if you trade options. I hear rumblings of a split soon too. Lots of good things going on with apple long term.

:1orglaugh :1orglaugh

Stop lying to yourself. You do not own any stocks. And comments like that is the proof.

Yeah, a bit of a long winded way of explaining it, but yeah.

Now, I will agree with Splum, if you put all your money on a single stock, say like Google, that has massively outperformed the market, you may still be far ahead of the game. But the average investor holding a mix of stocks is likely to have lost a fair bit of ground over the last few years in real value.

US is one of the worst performing markets this year. :)

My emerging market etf (VWO) and european (VGK) plus all the asian ones all way outperforming my US ones (QQQQ, SPY, DIA).

And the dollar is tanking.

the DOW didn't hit 10k on the basis on dot coms there are no dot com stocks in the DOW (although MSFT has exposure). Plus the DOW is only 30 bigass stocks it's hardly a reflection of the economy. You have to look at the S&P or Russell 2000 which are only at their 6 1/2 year highs so they're not any higher than when Bush took office.

Having said that the economy is pretty good, and it's getting good press on CNBC anyway. A lot of the growth in the US stocks is earnings coming from overseas as globalisation is really starting to pay off.

* During the worst attack on American soil in history.