Today's News, Stocks Stage Huge Rally, But will the Rise last?

Stocks

Stocks stage a huge rally
money.cnn.com..." target="_blank" class="postlink" rel="nofollow">CNN Money


Jobs Report
Job reports paint positive picture before U.S. data
Source CNN Money

U.S. makes more jobs than expected
Source CBC


So what you ATS think of the news on the markets today? will the stock rise hold or is it nothing more then a false rally.

reply to post by Agent_USA_Supporter


you can add the feds joining in the euro bailout.
confidence is high for a few days but once reality kicks in that the deals weren't all that great and we will eventually need to pay for everything the stocks will drop back down.
will easily lose more than this modest gain.

My guess: It's a false rally. When Europe collapses under the weight of all its social programs, the U.S. market will have the biggest loss in history, followed by people covering, more drop, then it will hit bottom around 6000-7000 range. Civil war will break out in the U.S. driving it slowly down to around the 5,000 range. Martial law will be enacted, Obama will declare himself Dictator, and the market will be stagnate for the next year. After that, the war will reach Washington, because people will not sit back and have the Gestapo tell them when/where they can go. Washington will be overthrown, and a "new" government will be installed. I'm a "glass is half empty" person in regards to the country though...

Originally posted by Agent_USA_Supporter
Stocks

Stocks stage a huge rally
money.cnn.com..." target="_blank" class="postlink" rel="nofollow">CNN Money


Jobs Report
Job reports paint positive picture before U.S. data
Source CNN Money

U.S. makes more jobs than expected
Source CBC


So what you ATS think of the news on the markets today? will the stock rise hold or is it nothing more then a false rally.

Quite frankly, the jobs report is bullsh!t and paints a rosey picture of a stinking festering mess of people basically whose unemployment benefits have run out, and gave up looking for work a long time ago. The traders are squeeling like little piggies at the trough because a bunch of people spent money they don't have on stuff they can't afford all for the sake of being able to claim they're good God fearing Christian Christmas Lovers embracing the real meaning of the holiday, and the Fed opened up the vault to supposedly prop up Europe (but the undercurrents are that they had to do it because a major European bank was going tits-up last night if they didn't.)

Add to that the fact that somebody is savvy on the computer to program trading along with the fact that the mainstream media doesn't deal in bad news unless it involves Cain's wandering penis or dancing with the fat, overpaid mentally-challenged sex-changed supposed 'network stars' or Oprah's ninth chin and new network, eveerything has the perception of being Okeediddledoo fine and dandy.

In that dandiness, the rich had the money to buy in at the bargain basement prices a few days ago and will now sell them to the aforementioned dumb pricks who think everything's rosey because the market's going uppity up up uperooooooo shortly after which the market will tank. In so doing, the rich will have increased their wealth about five percent while the aformentioned stupid turds will lose their last few dollars having been fleeced out of their lunch money by the Warren Buffett crowd who really don't need any more money, but shiver in pre-orgasmic bliss when they can figuratively pinch the last five-spot out of a single mom's wallet while she's digging through the three-for-a-buck dented cans bin at the Piggly Wiggly.

As an aside, why is it the Fed will bail out some European prick banksters, yet the farmers in the midwest who got burned in the MF debacle are still wondering what the hell they're going to feed the family next week.

Just askin . . .

Oh yeah . . . the rally . . . hell, even a dead guy bounces if they fall from far enough up.

There will be more volatility. Investors are skittish. The are are a lot of people sitting on their cash right now. The uncertainty has not ended yet. I'm thinking some thing is going to happen to make the markets go south again and soon.

the jobs report is funny.
anyone catch the line, 'biggest growth since december of last year'.
duh, bet ya' all 100 bucks it's only due to seasonal hires for the holiday season.
yup, high tech, well paying jobs stocking shelves at walmart and your local mall.

Up down, up down.

Who cares. At this point it really does not matter, we are still in the red. Unless there are clear signs that these ups are a continuous thing and heading towards getting back into the black, it is all moot and irrelevant talking points. The bottom line, up or down, we are still in the red.

No it won't last thats the whole point of Wallstreet. Buy low Sell high.......if stocks only rose then there would be no money to make right? Isn't that the whole point of Occupy Wallstreet?

They are just throwing the public a bone. However the only ones who will profit from it are the middle to upperclass but definetly more upperclass then middle.

WallStreet is a complex game......First you have to have Knowledge then you gotta have money.....a lot of it. Of course their our those that get lucky but its easier to win the lotto then to win on Wallstreet. IMHO of course!

To me, these rallies are beginning to be indicative of major problems. It's manic and volatile at best, and reflects a financial system spiralling out of control.