LEIBOVIT VR NEWSLETTERS – TURNAROUND TUESDAY – DECEMBER 3, 2024
https://tinyurl.com/hvtfhpaf
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
U.S. stocks are turning in a mixed performance on Monday with investors making cautious moves as they await a slew of crucial economic data, including
reports on private sector and non-farm payroll employment, service sector activity and a reading on consumer sentiment.
Among the major averages, the tech-laden Nasdaq climbed to a record high, and is up 170.53 points or 0.89 percent at 19,388.70. The down is down in
negative territory at 44,771.21 with a loss of 139.44 or 0.31 percent, while the S&P 500 is up 12.70 points or 0.21 percent at 6,045.08.
Tesla is up 3.6 percent following a rating upgrade after the company announced it was rolling out an update for its “Full Self-Driving” […]
LEIBOVIT VR NEWSLETTERS – MONDAY, DECEMBER 2, 2024 – EXPECT VOLATILITY IN DECEMBER DESPITE SANTA – CAVEAT EMPTOR AS BUYERS MAY HAVE EXHAUSTED THEMSELVES
https://tinyurl.com/hvtfhpaf
Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
Following the pullback seen during Wednesday’s session, stocks moved back to the upside on Friday as trading resumed following the Thanksgiving Day holiday on Thursday.
The major averages pulled back off their best levels going into the close but remained firmly positive. The Dow rose 188.59 points or 0.4 percent to 44,910.65, the Nasdaq advanced 157.69 points or 0.8 percent to 19,218.17 and the S&P 500 climbed 33.64 points or 0.6 percent to 6,032.38.
For the holiday-interrupted week, the Nasdaq and the S&P 500 both jumped by 1.1 percent, while the narrower Dow surged by 1.4 percent.
The strength on Wall Street came as some traders looked […]
