LEIBOVIT VR NEWSLETTERS- TURNAROUND TUESDAY – NOVEMBER 5, 2024 – A DAY THAT COULD MAKE OR BREAK AMERICA
https://www.howestreet.com/2024/10/what-has-more-impact-than-fed-control-of-interest-rates-mark-leibovit/
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 Finish Choppy Trading Day Moderately Lower
After turning in a strong performance during last Friday’s session, stocks showed a lack of direction over the course of the trading day on Monday. The major averages bounced back and forth across the unchanged line before eventually closing in negative territory.
The Dow underperformed its counterparts, sliding 257.59 points or 0.6 percent to 41,794.60. The Nasdaq fell 59.93 points or 0.3 percent to 18,179.98 and the S&P 500 dipped 16.11 points or 0.3 percent to 5,712.69.
The choppy trading on Wall Street came as traders seemed reluctant to make significant moves ahead of the U.S. elections on Tuesday, as Vice President Kamala Harris faces off against former President Donald Trump.
With polls showing an extremely tight race between Harris and Trump, the outcome of […]
LEIBOVIT VR NEWSLETTERS – MONDAY – NOVEMBER 4, 2024 – ANTICIPATING AN ULTIMATE TRUMP VICTORY, DESPITE OBAMA/DEMOCRAT CHICANERY – BUT WHAT ABOUT THE STOCK MARKET – A TOP STILL COULD BE FORMING!
https://www.howestreet.com/2024/10/what-has-more-impact-than-fed-control-of-interest-rates-mark-leibovit/
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
GENERAL NEWS:
Upbeat Earnings News Contributes To Rebound On Wall Street
Following the sell-off seen during Thursday’s session, stocks showed a strong move back to the upside in early trading on Friday. The major averages gave back some ground over the course of the trading day but remained firmly in positive territory.
The tech-heavy Nasdaq led the way higher, advancing 144.77 points or 0.8 percent to 18,239.92 after moving sharply lower over two previous sessions. The Dow also climbed 288.73 points or 0.7 percent to 42,052.19, bouncing off its lowest closing level in over a month, while the S&P 500 rose 23.35 points or 0.4 percent to 5,728.80.
Despite the rebound on the day, the major averages all moved to the downside for the week. The Dow dipped by 0.2 percent, while the […]
