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RoseTrellis

(206 posts)
Mon Jan 5, 2026, 02:21 PM Jan 2026

Dow rises 750 points in midday trading, S&P 500 and Nasdaq climb as energy stocks lead the broader market higher

Source: Marketwatch

Dow rises 750 points in midday trading, S&P 500 and Nasdaq climb as energy stocks lead the broader market higher

Read more: https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-500-and-nasdaq-set-to-chase-record-highs-as-crude-slips/card/dow-rises-750-points-in-midday-trading-s-p-500-and-nasdaq-climb-as-energy-stocks-lead-the-broader-market-higher-G90A43iXXgM5OjSugf7j?mod=mw_quote_news



Goddamn ghouls out there capitalizing on the Venezuela crisis.
You better believe a shit load of insider trading happened as Drumph undoubtedly clued his buddies in to what he has in store for stolen oil…
14 replies = new reply since forum marked as read
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Dow rises 750 points in midday trading, S&P 500 and Nasdaq climb as energy stocks lead the broader market higher (Original Post) RoseTrellis Jan 2026 OP
The wealth Class are full of joy, as usual. pwb Jan 2026 #1
That's who Grumps McDumpy did it for: Wall St and the billionaires. CousinIT Jan 2026 #2
Not to nitpick the attack on the ghouls, but a lot of DUers have retirement money tied up in equities. mahatmakanejeeves Jan 2026 #3
Agreed, but the point still stands. yardwork Jan 2026 #7
And a lot of them have no choice of how or where they are invested n/t Cheezoholic Jan 2026 #12
This makes no sense SARose Jan 2026 #4
I still think mineral rights are the end game - TBF Jan 2026 #14
Didn't this also happen in the Iraq war BS............ turbinetree Jan 2026 #5
Effers! Faux pas Jan 2026 #6
Stockbrokers and stock markets love war... mpcamb Jan 2026 #8
Lotta people thought Laser Disk would be the next big thing. Torchlight Jan 2026 #9
Disgusting. iemanja Jan 2026 #10
Exactly. Also infuriating. A totally terrible message to send to this insane administration. LymphocyteLover Jan 2026 #11
And on the same day I received a letter from my gas utility mdbl Jan 2026 #13

pwb

(12,802 posts)
1. The wealth Class are full of joy, as usual.
Mon Jan 5, 2026, 02:29 PM
Jan 2026

We should start taxing that wealth after the blue wave in November. IMO.

CousinIT

(12,753 posts)
2. That's who Grumps McDumpy did it for: Wall St and the billionaires.
Mon Jan 5, 2026, 02:38 PM
Jan 2026

And the taxpayers are paying for the operation. They get NOTHING out of it.

mahatmakanejeeves

(70,757 posts)
3. Not to nitpick the attack on the ghouls, but a lot of DUers have retirement money tied up in equities.
Mon Jan 5, 2026, 02:55 PM
Jan 2026

It you have some time, see where union pension funds are invested.

And good afternoon.

yardwork

(69,647 posts)
7. Agreed, but the point still stands.
Mon Jan 5, 2026, 03:33 PM
Jan 2026

Some of us will get a few crumbs, others will get even less than nothing - but the insider crony billionaires at Mar a Lago on NYE got a hell of a lot of money from this inside tip.

No wonder Katie Miller and Secretary Noem were partying down.

SARose

(1,831 posts)
4. This makes no sense
Mon Jan 5, 2026, 02:55 PM
Jan 2026

At 12:42 pm CT the price of sweet crude is $58.35/barrel.

Oil would have to be approximately $100/barrel to break even on Venezuela heavy crude. Yes, refineries along the Gulf Coast are tooled to process heavy crude, originally from Venezuela. However, most “heavy” crude refined along the Gulf Coast comes from US and Canadian shale.

Five energy market trends to track in 2026, the year of the glut

So two things

1) oil companies need stability to explore, drill, and refine oil. Not happening in Venezuela now and maybe not for a long time. Post Iraq War is a good example.

2) bringing Venezuela crude back into the market will take years. Lake Maracaibo is one huuuggge contaminated mess due to lack of maintenance. Same is true with most Venezuelan refineries.

The Chinese have already invested $1 billion to build the first off shore drilling platform in Lake Maracaibo in 50 years and to simply begin routine maintenance on existing refineries.

TBF

(37,196 posts)
14. I still think mineral rights are the end game -
Mon Jan 5, 2026, 10:14 PM
Jan 2026

and that is something Elon Musk (and other tech bros) would be the most interested in ...

Torchlight

(7,066 posts)
9. Lotta people thought Laser Disk would be the next big thing.
Mon Jan 5, 2026, 04:04 PM
Jan 2026

I admit to having purchased one back in the day and holding bragging rights for all of three weeks. Leading indicators do a couple of things really well, but not much else.

LymphocyteLover

(10,156 posts)
11. Exactly. Also infuriating. A totally terrible message to send to this insane administration.
Mon Jan 5, 2026, 06:13 PM
Jan 2026

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