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Old 09-02-2020, 06:27 AM
  #491  
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US manufacturing is accelerating; orders area at a 16.5 year high. Manufacturing is also accelerating around the globe.

link here:
https://www.reuters.com/article/us-u...7cb60001bf8e92

From the article - Seems to be the manufacturing output would be higher if not for the CV-19 safety restrictions thus permitting more employment in that sector.
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Old 09-02-2020, 01:40 PM
  #492  
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DOW closed above 29000 today.
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Old 09-02-2020, 02:18 PM
  #493  
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Originally Posted by Phins2right
DOW closed above 29000 today.
Oh, to have jumped out in Feb, and rejoined in March!
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Old 09-02-2020, 02:22 PM
  #494  
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Originally Posted by Phins2right
DOW closed above 29000 today.
People still care about the DOW?
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Old 09-02-2020, 02:37 PM
  #495  
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Originally Posted by TED74
People still care about the DOW?
Nothing more representative of the general economy than a price weighted index of 30 companies 😂😂
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Old 09-02-2020, 02:47 PM
  #496  
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Originally Posted by m3113n1a1
Nothing more representative of the general economy than a price weighted index of 30 companies 😂😂
Spoken like a true internet warrior.

The rest of the financial world would disagree with you. That's fine, you live with your quote and emojis.
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Old 09-02-2020, 02:50 PM
  #497  
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Originally Posted by Phins2right
Spoken like a true internet warrior.

The rest of the financial world would disagree with you. That's fine, you live with your quote and emojis.
It's pretty commonly accepted that the Dow is irrelevant. S&P 500 and larger, more inclusive indices like the Russell are more meaningful (which are also doing well, so I'm not arguing with your sentiment!!!).

​​​​​​Anyway, I'm definitely not getting into an argument with you!!

Hopefully TSA numbers follow the stock markets and we get a nice recovery.
​​​​
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Old 09-02-2020, 02:58 PM
  #498  
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Originally Posted by m3113n1a1
It's pretty commonly accepted that the Dow is irrelevant. S&P 500 and larger, more inclusive indices like the Russell are more meaningful (which are also doing well, so I'm not arguing with your sentiment!!!).

​​​​​​Anyway, I'm definitely not getting into an argument with you!!

Hopefully TSA numbers follow the stock markets and we get a nice recovery.
​​​​
Irrelevant? Really. Pretty common? Really? Show me where that is the thought. I want to see that logic.

Of course if it crashed to 9000 you'd be all over that. Russell is outliers and normally not definitive in the decision making processes. Whatever, you are going to throw mud at it because you hate the guy in the chair right now. Pretty clear.

No, you don't want to argue with me cause I would crush you like a bug.
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Old 09-02-2020, 03:13 PM
  #499  
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Originally Posted by m3113n1a1
It's pretty commonly accepted that the Dow is irrelevant. S&P 500 and larger, more inclusive indices like the Russell are more meaningful (which are also doing well, so I'm not arguing with your sentiment!!!).

​​​​​​Anyway, I'm definitely not getting into an argument with you!!

Hopefully TSA numbers follow the stock markets and we get a nice recovery.
​​​​
The S&P was up 1.54% today and the TSA numbers sucked. I watch the TSA numbers more than I do the market. Freaking depressing.
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Old 09-02-2020, 03:47 PM
  #500  
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Originally Posted by Phins2right
Irrelevant? Really. Pretty common? Really? Show me where that is the thought. I want to see that logic.
https://www.investopedia.com/articles/investing/010917/opinion-dow-stupid.asp https://www.thebalance.com/is-dow-jones-industrial-average-outdated-4125873

https://www.google.com/amp/s/investorplace.com/2017/01/dow-jones-industrial-average-pointless/amp/
https://www.google.com/amp/s/www.cnbc.com/amp/2018/07/03/truth-about-dow-ge-drop-djia-is-the-market-ticker-that-is-irrelevant.html
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