WOW BIGGEST POINT GAIN EVER!!! Dow Jones Soars 1,086 Day After President Trump Says It’s a Good Time to Buy!
BIGGEST POINT GAIN EVER … Wednesday also marked the biggest post-Christmas rally for U.S. stocks ever!!!
On Wednesday the Dow Jones Industrial Averages had its biggest point gain ever! The Dow closed 1,086.25 points higher, or 4.98 percent, at 22,878.45. Now if only the Fed chair would shut the hell up and stop trying to sabotage the markets. President Trump stated earlier with regards to the stock market’s big slide in December: “I think it’s a tremendous opportunity to buy. Really a great opportunity to buy.”
Stocks posted their best day in nearly a decade on Wednesday, with the Dow Jones Industrial Average notching its largest one-day point gain in history. Rallies in retail and energy shares led the gains, as Wall Street recovered the steep losses suffered in the previous session.
The 30-stock Dow closed 1,086.25 points higher, or 4.98 percent, at 22,878.45. Wednesday’s gain also marked the biggest upside move on a percentage basis since March 23, 2009, when it rose 5.8 percentage points.
The S&P 500 also catapulted 4.96 percent — its best day since March 2009 — to 2,467.70 as the consumer discretionary, energy and tech sectors all climbed more than 6 percent. The Nasdaq Composite also had its best day since March 23, 2009, surging 5.84 percent to 6,554.36.
Wednesday also marked the biggest post-Christmas rally for U.S. stocks ever.
SCOTUS Rejects Request to hear Environmental challenge to President Trump’s Border Wall Construction
PRESIDENT DONALD TRUMP WINNING …
President Donald Trump won a major victory in the building of the border wall between the United States and Mexico when on Monday U.S. Supreme Court rejected a request from a trio of conservation and environmental groups seeking to block construction. The justices declined to consider the groups’ appeal of a lower court ruling that paved the way for the federal government to begin replacing border fencing in two locations and building wall prototypes.
The U.S. Supreme Court on Monday rejected a request from a trio of conservation and environmental groups seeking to block construction of President Trump’s wall along the U.S.-Mexico border.
The justices declined to consider the groups’ appeal of a lower court ruling that paved the way for the federal government to begin replacing border fencing in two locations and building wall prototypes.
The judge, U.S. District Judge Gonzalo Curiel, rejected the groups’ challenge to a 1996 federal law that gives the government the power to waive environmental laws to more quickly begin work on a wall. The Department of Homeland Security sought to sidestep the laws as it pursued the projects related to construction of the border wall.
The conservation groups said the 1996 law violated the Constitution because of the power it granted the federal government.
Curiel, however, said the Trump administration did not exceed its authority when it waived environmental laws as part of its efforts to build the wall along the U.S.-Mexico border.
The Trump administration asked the justices not to hear the case.
SPRINGSTEEN SAYS NO ONE CAN BEAT TRUMP IN 2020 …
As reported at the UK Daily Mail, liberal rocker Bruce Springsteen says, “I don’t see anyone out there at the moment… the man who can beat Trump, or the woman who can beat Trump.” These are tough words coming from an individual on the far LEFT. In other words, Trump is ‘Tougher than the Rest’ for what they Democrats would put forth in 2020 as the rest of the Democrat candidates will be ‘Dancing in the Dark’ because Donald Trump in 2020 was ‘Born to Run’.
‘I don’t see anyone who can beat Trump:’ Bruce Springsteen believes Trump will win a second term in the White House because the Democrats don’t ‘have an obvious, effective presidential candidate’
The rocker said he believes Trump will get reelected because of division in US
He also said Democrats don’t have an ‘obvious’ candidate who could beat Trump
Singer said Democrats need someone who can ‘speak same language as Trump’
Springsteen, a long time Democrat, said that there are a lot of reasons people ‘became Trump voters’
Bruce Springsteen believes that President Donald Trump will win a second term in the White House.
‘I don’t see anyone out there at the moment… the man who can beat Trump, or the woman who can beat Trump,’ the rocker told The Sunday Times Magazine.
Springsteen, who is a long-standing Democrat himself, said the political party doesn’t ‘have an obvious, effective presidential candidate’ who can ‘speak the same language’ as Trump.
Rasmussen Poll: Daily Presidential Tracking Poll Friday 11/2 … Donald Trump at 51% … Jobs, Jobs, Jobs and Country Headed in Right Direction
PRESIDENT TRUMP AT 51% …
According to the most recent Rasmussen daily tracking poll, President Donald Trump is peaking just at the right time ahead of the 2018 midterm elections. Even though he is not on the ballot, what he has done in his first two years in office has been nothing short of miraculous and unrepresented. Especially with regards to the U.S. economy. The October jobs number of 250,000 jobs created may just be a game changer for this Tuesday. Coupled with increased wages, historic all-time low Hispanic unemployment, the Labor Force Participation at 66.2%, up from 66.0% in September, a record number of individuals participating in Labor Force at 28,500,000 and the United States added 32,000 new manufacturing jobs in October, more than 1,000 every day, including holidays and weekends.
The Rasmussen Reports daily Presidential Tracking Poll for Friday shows that 51% of Likely U.S. Voters approve of President Trump’s job performance. Forty-seven percent (47%) disapprove.
The latest figures include 37% who Strongly Approve of the president is performing and 40% who Strongly Disapprove. This gives him a Presidential Approval Index rating of -3. (See trends)
Also, the polls are trending toward Trump and the amazing job he has done with the economy.
The latest Rasmussen Reports national telephone and online survey finds that 51% of Likely U.S. Voters give the president good or excellent marks for his handling of the economy. Thirty-three percent (33%) still rate his performance in this area as poor. (To see survey question wording, click here.)
The latest Rasmussen Reports national telephone and online survey finds that 30% of Likely U.S. Voters view Trump as the most important issue to their vote in the upcoming elections. The economy is most important for 22%, followed by 15% who rank illegal immigration that way and 14% who say the same of Obamacare.
43% Say U.S. Heading in Right Direction … This is an amazing number compared to the past, especially during the Obama years where it was in the mid to upper 20′s.
For the fourth week in a row, 43% of Likely U.S. Voters think the country is heading in the right direction, this time according to a new Rasmussen Reports national telephone and online survey for the week ending October 25.
This finding has been running in the 40s for most weeks this year after being in the mid- to upper 20s for much of 2016, President Obama’s last full year in office.
TRUMP ECONOMY KEEPS ROARING …
As reported at CNBC, the U.S. economy grew at a faster-than-expected rate in the third quarter as inflation was kept in check and consumer spending surged, according to data released by the Commerce Department on Friday. The GDP rose to 3.5%, better than what economists had expected.
- Gross domestic product expanded by a 3.5 percent annual rate. Economists polled by Dow Jones expected the economy to expand by a 3.4 percent annual rate.
- The department said the PCE price index, a key measure of inflation, increased by 1.6 percent last quarter, much less than the 2.2 percent increase expected by economists polled by StreetAccount.
- Consumer spending, which accounts for more than two thirds of U.S. economic activity, grew by 4 percent in the third quarter, the strongest since the fourth quarter of 2014.