Dow at 4-year high, Nasdaq hits 11-year high

[dbackjon]

http://money.cnn.com/2012/02/03/markets ... ?hpt=hp_t1" onclick="window.open(this.href);return false;

U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.

The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%.

[mainejeff]

My IRA has tripled on Obama's watch.

[CAA Flagship]

My IRA has tripled on Obama's watch.

If that's true, you are gambling, not investing.

[Skjellyfetti]

Don't celebrate yet. CitadelGrad sees a head and shoulder pattern developing.

[mainejeff]

My IRA has tripled on Obama's watch.

If that's true, you are gambling, not investing.

Yeah......Apple is SUCH a gamble.......

[Skjellyfetti]

Saw recently that if you bought Apple stock instead of a 1st generation Ipod... you'd have $13,000 now.

[CitadelGrad]

Don't celebrate yet. CitadelGrad sees a head and shoulder pattern developing.

The market is overvalued.

[Ivytalk]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

[mainejeff]

Don't celebrate yet. CitadelGrad sees a head and shoulder pattern developing.

The market is overvalued.

So are Republicans.

[mainejeff]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

You must be doing well during Obama's Presidency then. Congrats!

[Ivytalk]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

You must be doing well in spite of Obama's Presidency then. Congrats!

FIFY.

[mainejeff]

You must be doing well in spite of Obama's Presidency then. Congrats!

FIFY.

Haters gonna keep on hatin'.........

[CitadelGrad]

The market is overvalued.

So are Republicans.

Republicans are overrated. The market is overvalued. There's a difference.

[mainejeff]

So are Republicans.

Republicans are overrated. The market is overvalued. There's a difference.

They're overvalued too.

[Gil Dobie]

http://money.cnn.com/2012/02/03/markets ... ?hpt=hp_t1

U.S. stocks rallied Friday, as investors cheered a much stronger-than-expected jobs report.

The Dow Jones industrial average (INDU) gained 157 points, or 1.2%, the S&P 500 (SPX) added 19 points, or 1.5%, and the Nasdaq composite (COMP) increased 46 points, or 1.6%.

Good the the Teaparty took control of congress, great results.

[blueballs]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

Especially when the broader economy and lending environment is so bad that smaller competition is crushed due to under capitalization and over regulation... fewer dogs eating at the same trough makes fatter dogs.

[kalm]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

Especially when the broader economy and lending environment is so bad that smaller competition is crushed due to under capitalization and over regulation... fewer dogs eating at the same trough makes fatter dogs.

Good point. Consolidation of power is being accomplished by both parties but a lack of financial regulation is partly to blame as well.

[mainejeff]

I had Apple in my portfolio well before The Chosen One swept into office. And Google. And McDonald's. Obummer had nothing to do with it. Well managed companies always do well. Carry on.

Especially when the broader economy and lending environment is so bad that smaller competition is crushed due to under capitalization and over regulation... fewer dogs eating at the same trough makes fatter dogs.

That should make Republicans happy then.

Unless yo are a horrible investor.

[kalm]

Especially when the broader economy and lending environment is so bad that smaller competition is crushed due to under capitalization and over regulation... fewer dogs eating at the same trough makes fatter dogs.

That should make Republicans happy then.

Unless yo are a horrible investor.

So you're saying the party of big business is anti-competition? But I thought they were fans of the free market?

[mainejeff]

That should make Republicans happy then.

Unless yo are a horrible investor.

So you're saying the party of big business anti-competition? But I thought they were fans of the free market?

Yeah......"free market".......

[CitadelGrad]

Especially when the broader economy and lending environment is so bad that smaller competition is crushed due to under capitalization and over regulation... fewer dogs eating at the same trough makes fatter dogs.

Good point. Consolidation of power is being accomplished by both parties but a lack of financial regulation is partly to blame as well.

It isn't a lack of regulation as much as it is a failure to enforce anti-trust laws that have been on the books for quite a long time.

[CitadelGrad]

Republicans are overrated. The market is overvalued. There's a difference.

They're overvalued too.

I'm not sure anyone values them a great deal. Their main value is that they aren't Obama.

[mainejeff]

They're overvalued too.

I'm not sure anyone values them a great deal. Their main value is that they aren't Obama.

[SuperHornet]

Amazing that SOME people are claiming this for a guy who's been endorsed by the Commies since 2004 and has served them well while in office.

[mainejeff]

Amazing that SOME people are claiming this for a guy who's been endorsed by the Commies since 2004 and has served them well while in office.

Get over your "Commie" fetish......some of you sound like absolute crazy fools......seriously.