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Prices skyrocketing.
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May 4, 2021 17:11:05   #
Cuda2020
 
America 1 wrote:
And the power of inflation
Dow Jones Today, Stocks Slump, Inflation Fears Rise As Copper, Oil Near Highs
Stocks opened in the red on Tuesday, with the Nasdaq falling hardest as it surrendered a key level of support. Oil and copper prices traded near highs. Earnings news sent researcher Gartner soaring. Meanwhile, tech giants Apple and Salesforce.com d**gged on the Dow Jones today.
The Nasdaq Composite swooned 1.5%, cutting below support at its 21-day exponential moving average. The Dow industrials shed 0.2%, while the S&P 500 stumbled 0.6% lower on the stock market today.
Energy sector stocks were in motion, as oil prices climbed toward a 2-1/2-year high and fuel cell stocks took hard early hits. Fuel cell leader Ballard Power Systems (BLDP) reported a first-quarter miss on both sales and earnings late Monday. Ballard dived 17% in early trade. Plug Power (PLUG), which reports Thursday, dropped 6%. Fuel Cell (FCEL) shed 5.1%.
https://www.investors.com/market-trend/stock-market-today/dow-jones-today-futures-slump-inflation-fears-rise-as-copper-oil-near-highs-gartner-rallies-on-earnings/?refcode=MarketPrepAM-05042021-2-FA-1:05:2021:2Q:NewsLetter:Email:MarketPrepAM-05042021:na:na:na:na:04:05:2:FA:1
And the power of inflation br Dow Jones Today, Sto... (show quote)







Stocks pulled back on Wall Street today, easing the S&P below the record high it set a day earlier, but still closed out the best month this year. The S&P gave up 0.7% as investors backed away from technology and communications companies. The market has been climbing this month as investors remain optimistic that the p******c is slowly and steadily coming to a close. The S&P rose 5.2% in April, its best monthly gain since November 2020, when President Joe Biden was elected. The yield on the 10-year Treasury note slipped to 1.63%.

NEW YORK (AP) — Exxon Mobil has reported profits of $2.73 billion in the first quarter after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from the same quarter last year. Its smaller rival Chevron reported a $1.4 billion profit in the first quarter, down from $3.58 billion at the same time last year, due to the p******c and the impacts of winter storms. The oil industry has been struggling with massive losses after the global c****av***s p******c curtailed demand for fuel. Some economists are projecting that demand for oil may never return to pre-p******c levels. Investors are pressuring oil and gas companies to find different sources of revenue.
https://kvia.com/news/business-technology/2021/04/30/stocks-ease-off-highs-exxon-mobil-profits-up/

The oil companies are trying to make up for great profit losses since the p******c, the economy is on an upswing so you can bet they are going to take advantage of it.

I love the way ya all are hoping for Joe to fail, says a lot about ya. What happened to lets make America great again, LOL guess the true intention wasn't really there.

Reply
May 4, 2021 18:38:23   #
Mikeyavelli
 
America 1 wrote:
What has the supply issues of c***d have to do with corn, soybeans, wheat, crude oil, gasoline, cotton, Lumber, all increasing in prices, and the decrease in the value of the US dollar?


Noticed today that grocery store prices are rising, especially meat. Gas is rising weekly, all thanks to President * and his Handlers.

Reply
May 4, 2021 19:02:59   #
Weasel Loc: In the Great State Of Indiana!!
 
Cuda2020 wrote:
Stocks pulled back on Wall Street today, easing the S&P below the record high it set a day earlier, but still closed out the best month this year. The S&P gave up 0.7% as investors backed away from technology and communications companies. The market has been climbing this month as investors remain optimistic that the p******c is slowly and steadily coming to a close. The S&P rose 5.2% in April, its best monthly gain since November 2020, when President Joe Biden was elected. The yield on the 10-year Treasury note slipped to 1.63%.

NEW YORK (AP) — Exxon Mobil has reported profits of $2.73 billion in the first quarter after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from the same quarter last year. Its smaller rival Chevron reported a $1.4 billion profit in the first quarter, down from $3.58 billion at the same time last year, due to the p******c and the impacts of winter storms. The oil industry has been struggling with massive losses after the global c****av***s p******c curtailed demand for fuel. Some economists are projecting that demand for oil may never return to pre-p******c levels. Investors are pressuring oil and gas companies to find different sources of revenue.
https://kvia.com/news/business-technology/2021/04/30/stocks-ease-off-highs-exxon-mobil-profits-up/

The oil companies are trying to make up for great profit losses since the p******c, the economy is on an upswing so you can bet they are going to take advantage of it.

I love the way ya all are hoping for Joe to fail, says a lot about ya. What happened to lets make America great again, LOL guess the true intention wasn't really there.
Stocks pulled back on Wall Street today, easing th... (show quote)


It's not that we want him to fail, just wish he would realize his mental incompetence and get the he'll out of the Whitehouse. 47 years of absolutely nothing, ZERO.



Reply
 
 
May 4, 2021 19:54:15   #
JFlorio Loc: Seminole Florida
 
Nothing personal. I am hoping his policies fail quickly so we can get some sound economic and fiscal policies in place.
Cuda2020 wrote:
Stocks pulled back on Wall Street today, easing the S&P below the record high it set a day earlier, but still closed out the best month this year. The S&P gave up 0.7% as investors backed away from technology and communications companies. The market has been climbing this month as investors remain optimistic that the p******c is slowly and steadily coming to a close. The S&P rose 5.2% in April, its best monthly gain since November 2020, when President Joe Biden was elected. The yield on the 10-year Treasury note slipped to 1.63%.

NEW YORK (AP) — Exxon Mobil has reported profits of $2.73 billion in the first quarter after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from the same quarter last year. Its smaller rival Chevron reported a $1.4 billion profit in the first quarter, down from $3.58 billion at the same time last year, due to the p******c and the impacts of winter storms. The oil industry has been struggling with massive losses after the global c****av***s p******c curtailed demand for fuel. Some economists are projecting that demand for oil may never return to pre-p******c levels. Investors are pressuring oil and gas companies to find different sources of revenue.
https://kvia.com/news/business-technology/2021/04/30/stocks-ease-off-highs-exxon-mobil-profits-up/

The oil companies are trying to make up for great profit losses since the p******c, the economy is on an upswing so you can bet they are going to take advantage of it.

I love the way ya all are hoping for Joe to fail, says a lot about ya. What happened to lets make America great again, LOL guess the true intention wasn't really there.
Stocks pulled back on Wall Street today, easing th... (show quote)

Reply
May 4, 2021 20:47:44   #
Mikeyavelli
 
JFlorio wrote:
Nothing personal. I am hoping his policies fail quickly so we can get some sound economic and fiscal policies in place.


Biden"s Handlers need to fail because their mission is to take down America and assimilate it into their dream of a borderless one government world with Islam as the policing force.



Reply
May 4, 2021 20:51:37   #
JFlorio Loc: Seminole Florida
 
Mikeyavelli wrote:
Biden"s Handlers need to fail because their mission is to take down America and assimilate it into their dream of a borderless one government world with Islam as the policing force.


I have always said, except for the prayers to Allah today’s left and Radical Islam have much more in common than not.

Reply
May 4, 2021 21:41:34   #
America 1 Loc: South Miami
 
Cuda2020 wrote:
You really think Joe or any president, except for Bush has anything to do with oil prices, that's absurd, maybe you should research, who does, Neil Atkinson, head of the oil industry and markets division at International Energy Agency.


If you think Biden doesn't influence the oil market then you know nothing about the oil market and what drives prices.
Every negative comment out of his mouth affects prices.
Price of oil 11/2020 at close on the NYMEX $36.81
Trading tonight $66.27.
A crude oil contract consists of 1000 barrels, each $1.00 = $1000.00 per future contract.

Reply
 
 
May 4, 2021 21:58:04   #
Weasel Loc: In the Great State Of Indiana!!
 
Mikeyavelli wrote:
Biden"s Handlers need to fail because their mission is to take down America and assimilate it into their dream of a borderless one government world with Islam as the policing force.


Now that's fummy.

Reply
May 4, 2021 22:09:18   #
Gman65
 
Cuda2020 wrote:
You really think Joe or any president, with the exception of Bush has anything to do with oil prices, that's absurd, maybe you should research, who does, Neil Atkinson, head of oil industry and markets division at International Energy Agency.


ABSOLUTELY JOE HAS SOMETHING TO DO WITH THE OIL PRICES. MAINLY BY SHUTTING DOWN THE CONSTRUCTION OF THE PIPELINE. SUCH A STUPID ,FOOLISH , &ARROGANT DECISION . EVEN THOUGH IT WAS NOT INTO SERVICE AS OF YET , IT ULTIMATELY AFFECTS US NOW AND IN THE FUTURE ON DECISIONS MADE BY THOSE IN CHARGE , WHICH DETERMINES PURCHASE / SALE COST WHICH WE EVENTUALLY PAY AT THE PUMP. WAY TO GO JOE. ANOTHER CLASSIC E.O. ORDER.

Reply
May 4, 2021 22:17:51   #
JFlorio Loc: Seminole Florida
 
Gman65 wrote:
ABSOLUTELY JOE HAS SOMETHING TO DO WITH THE OIL PRICES. MAINLY BY SHUTTING DOWN THE CONSTRUCTION OF THE PIPELINE. SUCH A STUPID ,FOOLISH , &ARROGANT DECISION . EVEN THOUGH IT WAS NOT INTO SERVICE AS OF YET , IT ULTIMATELY AFFECTS US NOW AND IN THE FUTURE ON DECISIONS MADE BY THOSE IN CHARGE , WHICH DETERMINES PURCHASE / SALE COST WHICH WE EVENTUALLY PAY AT THE PUMP. WAY TO GO JOE. ANOTHER CLASSIC E.O. ORDER.


Yes. Oil is priced and sold on the world market. Any disruption in the supply chain affects prices. Biden basically helped Putin since they supply oil to Europe. The less oil on the market, the higher the price. Why can't these progs understand this?

Reply
May 4, 2021 22:21:07   #
Gman65
 
Cuda2020 wrote:
Stocks pulled back on Wall Street today, easing the S&P below the record high it set a day earlier, but still closed out the best month this year. The S&P gave up 0.7% as investors backed away from technology and communications companies. The market has been climbing this month as investors remain optimistic that the p******c is slowly and steadily coming to a close. The S&P rose 5.2% in April, its best monthly gain since November 2020, when President Joe Biden was elected. The yield on the 10-year Treasury note slipped to 1.63%.

NEW YORK (AP) — Exxon Mobil has reported profits of $2.73 billion in the first quarter after a tumultuous year led to major spending reductions. The oil giant brought in $59.15 billion in revenue, up 5% from the same quarter last year. Its smaller rival Chevron reported a $1.4 billion profit in the first quarter, down from $3.58 billion at the same time last year, due to the p******c and the impacts of winter storms. The oil industry has been struggling with massive losses after the global c****av***s p******c curtailed demand for fuel. Some economists are projecting that demand for oil may never return to pre-p******c levels. Investors are pressuring oil and gas companies to find different sources of revenue.
https://kvia.com/news/business-technology/2021/04/30/stocks-ease-off-highs-exxon-mobil-profits-up/

The oil companies are trying to make up for great profit losses since the p******c, the economy is on an upswing so you can bet they are going to take advantage of it.

I love the way ya all are hoping for Joe to fail, says a lot about ya. What happened to lets make America great again, LOL guess the true intention wasn't really there.
Stocks pulled back on Wall Street today, easing th... (show quote)

America was getting great again. 4 years of greater than it has been for quite a few years.
What happened to Biden's uniting America campaign promise. Must be too busy working on getting the border situation corrected & hasn't got to uniting America yet.

Reply
 
 
May 4, 2021 22:31:42   #
JFlorio Loc: Seminole Florida
 
Gman65 wrote:
America was getting great again. 4 years of greater than it has been for quite a few years.
What happened to Biden's uniting America campaign promise. Must be too busy working on getting the border situation corrected & hasn't got to uniting America yet.


He's already broken or forgot almost every promise he made. What's hysterical is the economy was in a free fall, then stagnant because of C***d. Biden could have kept the Trump policies in affect, opened up the economy and seen unbelievable gains without sinking the future generations into never ending debt. These t*****rs didn't have to set up the economy so the dollar will be devalued or chance hyper inflation. It was obviously done on purpose. It is a t*****rous act because these policies intentionally hurt the American people. Democrats don't care because for some reason they love big government.

Reply
May 4, 2021 22:53:21   #
Weasel Loc: In the Great State Of Indiana!!
 
Gman65 wrote:
ABSOLUTELY JOE HAS SOMETHING TO DO WITH THE OIL PRICES. MAINLY BY SHUTTING DOWN THE CONSTRUCTION OF THE PIPELINE. SUCH A STUPID ,FOOLISH , &ARROGANT DECISION . EVEN THOUGH IT WAS NOT INTO SERVICE AS OF YET , IT ULTIMATELY AFFECTS US NOW AND IN THE FUTURE ON DECISIONS MADE BY THOSE IN CHARGE , WHICH DETERMINES PURCHASE / SALE COST WHICH WE EVENTUALLY PAY AT THE PUMP. WAY TO GO JOE. ANOTHER CLASSIC E.O. ORDER.


EXACTLY RIGHT ON ALL COUNTS !!!
Biden is not the only brain dead person out there!!
And plenty here.

Reply
May 5, 2021 09:10:49   #
Sonny Magoo Loc: Where pot pie is boiled in a kettle
 
JFlorio wrote:
I have always said, except for the prayers to Allah today’s left and Radical Islam have much more in common than not.


The enemy of my enemy is my friend...
...for now...that is until our common enemy (western civilization) is gone!

Reply
May 5, 2021 09:29:08   #
JFlorio Loc: Seminole Florida
 
Sonny Magoo wrote:
The enemy of my enemy is my friend...
...for now...that is until our common enemy (western civilization) is gone!


Exactly.

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