Wall Street notches best day in 10 years in holiday rebound

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  • ConservativeCommonTater Salt Lake City, UT
    Dec. 27, 2018 8:48 a.m.

    Thid Barker - Victor, ID
    Dec. 26, 2018 2:27 p.m.
    "Dow rallies 1,000 points, logging its biggest single-day point gain ever! President Trump has made our economy the envy of the world!"

    And down over 500 today, are you crediting Trump for that? This was, as I said, a "dead cat bounce" also known as a "bear trap." People like you get excited about a single day and jump in only to lose their shirts.

    Until there is capitulation, there is no bottom. Until Trump is gone, there is no stability.

    Trump has helped the U.S. stock market lose $Trillions since May of this year.

  • marxist Salt Lake City, UT
    Dec. 27, 2018 7:43 a.m.

    Trading driven by computer algorithm is a major factor in this volatility.

  • my_two_cents_worth university place, WA
    Dec. 26, 2018 11:09 p.m.

    @Thid Barker

    "Dow rallies 1,000 points, logging its biggest single-day point gain ever! President Trump has made our economy the envy of the world!"

    The Dow closed at 22,878.45. One year ago, the Dow closed at 24,719.22. Yeah, I can see how are economy is the envy of the world.

  • silo Sandy, UT
    Dec. 26, 2018 5:56 p.m.

    @thid Barker

    "President Trump has made our economy the envy of the world!"

    You forgot to mention that the largest single day point drop in the history of the Dow occurred on Trump's watch in 2018. As did the second largest single day point drop. And the third largest. And the fourth largest.

    No one envies that kind of market instability. No one.

  • Thid Barker Victor, ID
    Dec. 26, 2018 2:27 p.m.

    Dow rallies 1,000 points, logging its biggest single-day point gain ever! President Trump has made our economy the envy of the world!

  • ECR Burke, VA
    Dec. 26, 2018 10:06 a.m.

    My quick check on the DOW at 12:04 PM on December 26, 2018 shows the DOW at 22,144.41. On December 26, 2017, the DOW closed at 24,746.24. So it will have to go up by 2500 points to be where we were a year ago. MAGA

  • ConservativeCommonTater Salt Lake City, UT
    Dec. 26, 2018 9:15 a.m.

    Today's bounce is most likely what is called a "dead cat bounce." That's when the stocks have gone so low that people jump in for a quick trade. The trend is still downward though. We have not hit bottom because there has been no total capitulation yet.

    This bear market can be attributed to Trump. A president cannot cause stocks to go up or down, except when a big policy change occurs, such as "Tariff-Man's" tariff war that has global repercussions.

    Get rid of Trump and the world economies will start to pick up again.