Dow: "nine-day winning streak is the longest consecutive run since November 1996"

[ProSense]

Dow at record again, ends higher for ninth day

By Angela Moon

(Reuters) - U.S. stocks edged up on Wednesday, with the Dow rising for the ninth straight session to another record, buoyed by surprisingly strong retail sales that suggested the economy is gaining momentum.

The Dow Jones industrial average's nine-day winning streak is the longest consecutive run since November 1996.

But trading volume was light. Moves have been muted in recent days as investors consolidate positions after a strong run-up in the first three months of the year. Still, weakness in stocks has been met with buying, which helped propel the market's advance.

The broader S&P 500 is within striking distance of its all-time closing high of 1,565.15 and about 1 percent away from all-time intraday high of 1,576.09 - both set in 2007.

- more -

http://www.reuters.com/article/2013/03/13/us-markets-stocks-idUSBRE92A07T20130313

OOPS: Financial Pundits Predicted The Stock Market Would Plunge Under Obama
http://www.democraticunderground.com/10022462260

[newfie11]

1. I would be getting out now

Of course I thought gold was to high at $800.

[R. Daneel Olivaw]

2. I would be and am concerned with a run up in any stock market.

Don't run ups proceed a correction? I'm sure not always, but some do.

And where is the push behind this momentum?

Are companies hiring that big...and by that I mean Americans?

I'll take this as good news tentatively, but I am not rushing out to by the latest plastic Chinese manufactured crap.

[Xipe Totec]

3. Cue the fool... I mean bull stampeede. nt

[Coyotl]

4. The 1% must be happy.

That's who owns almost all of the stock. Meanwhile, what is happening to wages for workers?

[FirstLight]

6. +1000!!

Stock market has no effect whatsoever on MY life...still scraping for bills

[spanone]

5. this must really piss off republicans

[Coyotl]

8. ABSOLUTELY NOT!!!! They are the ones getting rich.

Not to mention all the rich Dems in Congress and Obama too! But the 99% not so much so.

[Warren DeMontague]

7. DOOOOOMED DOOOOOMED WUR ALL DOOOOOMED DOOOOOOOOOOOOOMED!!!!

In fact, I'm just so glad I SOLD SOLD SOLD SOLD SOLD when DU's resident Market Experts were telling me in March of '09 that THIS IS NOT THE BOTTOM and it's GOING DOWN TO 2000 SUCKERS!!!!!!