On July 14, 2014.
Momentum investors and Technical Analysts are probably bullish.
How should an average investor treat this news? Ignore it.
#AssetAllocation](http://www.paklinks.com/gs/usertag.php?do=list&action=hash&hash=AssetAllocation)
#Rebalance](http://www.paklinks.com/gs/usertag.php?do=list&action=hash&hash=Rebalance)
All Good News For THE 1%
Re: The DOW crosses 17000 for the first time
True. But aam aadmi does have some investments in the market thru retirement accounts. So it is important to maintain an even keel and just do the basics -
Have an asset allocation strategy that fits ur risk profile
Rebalance periodically - some do it once a year. Some every quarter
Re: The DOW crosses 17000 for the first time
If you are in for the long run ignore it, short term investors need to keep an eye and make a decision when to cash the chips in.
Re: The DOW crosses 17000 for the first time
American Stock market will crash very soon like it did in 2008. This is high time of uncertainty and requires market correction… 
This is right time if you are in gold investment… 
Re: The DOW crosses 17000 for the first time
Look at microsoft shares going up after announcing 18000 layoffs.. sigh
Market Movers
[TABLE=“class: yom-data col-6, width: 278”]
[TH=“class: symbol txt-color”]Symbol[/TH]
[TH=“class: price txt-color, align: right”]Price[/TH]
[TH=“class: change txt-color, align: right”]Change[/TH]
[TH=“class: pct-change txt-color, align: right”]% Chg[/TH]
[TH=“class: volume txt-color, align: right”]Volume[/TH]
MSFT
45.05
+0.97
+2.20%
36,074,596
BAC
15.375
-0.1350
-0.87%
26,703,116
INTC
33.966
-0.684
-1.97%
24,492,587
FOXA
33.09
+0.09
+0.27%
14,634,599
TWX
86.01
+2.88
+3.46%
12,874,488
Layoffs can be good news for shareholders because then there is less revenue paid out by the company, more for them. Lol.
Re: The DOW crosses 17000 for the first time
APPL 
Re: The DOW crosses 17000 for the first time
yes layoffs mean less expense so it turns out to be a good news for shareholders.
But its a bad news overall for all IT companies cuz they usually follow the trend. So expect some layoff news coming overall in IBM, yahoo, CA etc..
Re: The DOW crosses 17000 for the first time
The Human Side of Microsoft’s Layoffs
July 17, 2014
https://media.licdn.com/mpr/mpr/p/8/005/074/09e/0d98005.jpg
I write this on Wednesday night, I am thinking of Microsoft’s 125,000 employees who are trying to go to sleep with the knowledge that tomorrow they or their colleagues may be FIRED.
I say FIRED because “layoff” is one of those words created to soften the ugly underbelly of reality. Microsoft employees are not factory workers being laid off for two weeks so that inventory levels can drop to an acceptable level. They are being FIRED, forever. They are human beings with spouses and kids and parents to support. They have mortgages, car loans, college loans, and many have too little saved for retirement.
Microsoft is a fine company, filled with many wonderful people. Just a few weeks ago, I gave a speech there and spent two days with some of the smartest and most talented people I’ve ever met. The company has a bright future, and I am in agreement with many of the things their new CEO is saying.
But, in the spirit of empathy and humanity, I have two wishes to offer tonight:
To Microsoft’s FIRED employees… I urge you never, ever to give up. It’s completely understandable if tomorrow night you go home and cry, scream, throw up, or break out in a cold sweat. Take the whole weekend and freak out, if it helps. But Monday morning, recognize that Microsoft’s misjudgments are not your failure. You do not have the luxury or the right to let this corporate decree extinguish the light that burns inside of you.
You are not your job. You are special, and what you do in the days and weeks and months ahead will prove it. You will prove it.
To Microsoft’s top management… I hope you never, ever do this again - anywhere, or anytime. I understand that sometimes companies have to shrink in order to survive. But Microsoft’s survival is not at stake, only its profits. While I have no idea whether you are going to FIRE 100 people or 5,000 tomorrow, I suspect that few if any of them had any hand in the decision to grow Microsoft as big as it has become.
It’s one thing to fire an employee for being lazy or incompetent. It’s quite another to FIRE an employee because management and investors want to make even more money.
For all involved, I hope that you learn from this experience, and that you succeed despite it.
Re: The DOW crosses 17000 for the first time
Where did all these people come from? Welcome janabs