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"For when they shall say, Peace and safety..."

August 08, 2018, 02:38:10 am suzytr says: Hello, any good churches in the Sacto, CA area, also looking in Reno NV, thanks in advance and God Bless you Smiley
January 29, 2018, 01:21:57 am Christian40 says: It will be interesting to see what happens this year Israel being 70 years as a modern nation may 14 2018
October 17, 2017, 01:25:20 am Christian40 says: It is good to type Mark is here again!  Smiley
October 16, 2017, 03:28:18 am Christian40 says: anyone else thinking that time is accelerating now? it seems im doing days in shorter time now is time being affected in some way?
September 24, 2017, 10:45:16 pm Psalm 51:17 says: The specific rule pertaining to the national anthem is found on pages A62-63 of the league rulebook. It states: “The National Anthem must be played prior to every NFL game, and all players must be on the sideline for the National Anthem. “During the National Anthem, players on the field and bench area should stand at attention, face the flag, hold helmets in their left hand, and refrain from talking. The home team should ensure that the American flag is in good condition. It should be pointed out to players and coaches that we continue to be judged by the public in this area of respect for the flag and our country. Failure to be on the field by the start of the National Anthem may result in discipline, such as fines, suspensions, and/or the forfeiture of draft choice(s) for violations of the above, including first offenses.”
September 20, 2017, 04:32:32 am Christian40 says: "The most popular Hepatitis B vaccine is nothing short of a witch’s brew including aluminum, formaldehyde, yeast, amino acids, and soy. Aluminum is a known neurotoxin that destroys cellular metabolism and function. Hundreds of studies link to the ravaging effects of aluminum. The other proteins and formaldehyde serve to activate the immune system and open up the blood-brain barrier. This is NOT a good thing."
September 19, 2017, 03:59:21 am Christian40 says: bbc international did a video about there street preaching they are good witnesses
September 14, 2017, 08:06:04 am Psalm 51:17 says: bro Mark Hunter on YT has some good, edifying stuff too.
September 14, 2017, 04:31:26 am Christian40 says: i have thought that i'm reaping from past sins then my life has been impacted in ways from having non believers in my ancestry.
September 11, 2017, 06:59:33 am Psalm 51:17 says: The law of reaping and sowing. It's amazing how God's mercy and longsuffering has hovered over America so long. (ie, the infrastructure is very bad here b/c for many years, they were grossly underspent on. 1st Tim 6:10, the god of materialism has its roots firmly in the West) And remember once upon a time ago when shacking up b/w straight couples drew shock awe?

Exodus 20:5  Thou shalt not bow down thyself to them, nor serve them: for I the LORD thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me;
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Author Topic: "For when they shall say, Peace and safety..."  (Read 9296 times)
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« Reply #120 on: December 13, 2016, 03:51:55 pm »

Dow closes within 100 points of 20,000 ahead of Fed rate decision

Stocks closed higher Tuesday as investors kept an eye on a key Federal Reserve meeting, while the Dow Jones industrial average closed in on another milestone.

The Dow closed up 114 points at a record 19,911, with IBM and Apple contributing the most gains. The S&P 500 also ended at an all-time high, rising 0.65 percent, with energy and information technology leading advancers. The Nasdaq outperformed, advancing 0.95 percent to a new all-time high.

The Fed began a two-day monetary policy meeting, with most market participants expecting the central bank to raise interest rates by 25 basis points. According to the CME Group's FedWatch tool, market expectations for a rate hike were above 90 percent.

"To me, it's all about what they say about their guidance for 2017," said Eric Stein, co-director of global income at Eaton Vance. "I don't expect them to be particularly hawkish tomorrow," but we could see a more hawkish Fed in the near future.

"A new political regime took hold on November 8th and tomorrow we'll see if there is any acknowledgement of that from the FOMC and whether we're about to embark on a new monetary regime. I would define 'new monetary regime' as anything more aggressive than the pace of one rate hike per year," said Peter Boockvar, a chief market analyst at The Lindsey Group, in a note.

The meeting is expected to conclude Wednesday, with Fed Chair Janet Yellen scheduled to hold a news conference at 2:30 p.m. ET.

U.S. Treasury yields were mixed on Tuesday, with the benchmark 10-year yield trading around 2.48 percent, a day after breaking above 2.5 percent for the first time since 2014. The two-year note yield rose, last trading around 1.17 percent. Yields have risen sharply since the election, as investors have dumped Treasurys as optimism surrounding possible tax cuts and deregulation of certain sectors has made other assets more attractive.

"Everyone is looking at the 20K level which is very important because there could be some profit taking at that level. This is a major resistance and psychological mark and traders will not hesitate to take some profit off the table to celebrate another bull year," Naeem Aslam, chief market analyst at Think Markets, said in a note.

The Dow has gained 14 percent for the year, with a large part of those gains coming after Donald Trump stunned the world by winning the U.S. presidency. Since Nov. 8, the Dow has spiked more than 8 percent and has posted 16 record closes.

"What we've seen in the past months is what some might call a new phase of the bull market," said Rick Anderson, chief investment officer at Hull Investments, noting that stocks have risen along with the dollar and interest rates over the past month. The U.S. dollar held around the flatline against a basket of currencies on Tuesday, but has surged 3.2 percent since the election.

Still, Bill Northey, chief investment officer at the Private Client Group at U.S. Bank, said the Dow hitting 20,000 might just be a psychological event for the market, as the number "is not an important technical event and it is not indicative of where we go from there." 

In economic news, the November read on the NFIB Small Business index came in at 98.4, above October's 94.9. Meanwhile, import prices fell 0.3 percent in November.

Overseas, European equities traded higher, with the pan-European Stoxx 600 index rising 1.06 percent. In Asia, stocks closed mixed as the Shanghai composite advanced just 0.08 percent and the Nikkei 225 rose 0.5 percent.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded near 13.

U.S. crude futures for January delivery rose 0.3 percent to settle at $52.98 per barrel.

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