S&P hits another record after milestone run–But, this is only “The Lull Before The Storm.”

Greetings,

   She is trying to trick you into believing tat she still has the reigns to rule and that this is just a temporary setback for her economically. America knows that this is it,but she is trying to put on a winning face. I say these things for the sake of my own Black people, for they are so ignorant to the knowledge of the truth of the time in which we are living.

     “The world that we live in desires first of all to hide the truth to keep the Black man who is made blind, deaf and dumb by the scientific tricknology of the white race, so that the white race can continue to carry on the same deceiving and wickedness that they have been practicing.”–pg.209(tfoa)

   The false show of a glorious future that the wicked is putting on is at hand. This is done to keep you relying on them and make you reject your salvation that has now come. We must remember that through all of this…”Allah (God) will bless the people with a good time, as He did the people of the past, who wronged themselves and who did not pay attention to the prophet’s warning among them. Allah (God) destroyed them. They thought that they were fooling Allah (God) but Allah (God) surprised them!

  He made the people rejoice for a short time, with a show of great prosperity and at the height of their great prosperity suddenly, He destroyed them. This is the merciful law that Allah has put in nature.

  Allah (God) lets a dying person rally before the end. America is going to do the same. America will rally and people will think that she is going to have a great future, and then the end will come in that kind of time.

  America’s end will not come while she is going around with her head hanging down and with heart aching and failing because of the things that are coming on her nation. No, she will be made to enjoy good times.

  The stock market, going up, and lots of shares being sold — this makes any man think that everything is all right. But, this is only “The Lull Before The Storm.”

  And the Bible warns America of what happened before her. Ancient Babylon enjoyed a fulfilling position at her time. But King Darius came against her at the time of her full enjoyment of wealth, drunkenness and her laughing at the slaves that she had made of Israel. King Darius came with his army and overcame the sleeping guards who were sleeping on the security of their life.”–pg.203(tfoa)

   S&P hits another record after milestone run

  Source: English.news.cn 

  U.S. stocks closed mixed Monday, with the Standard & Poor’s 500-stock Index refreshing a new all- time high after breaking through the level of 1,600 Friday, boosted by financial shares.

The Dow Jones Industrial Average Index inched down 5.07 points, or 0.03 percent, to 14,968.89 points. The S&P 500 edged up 3.08 points, or 0.19 percent, to 1,617.50 points. The Nasdaq Composite Index rose 14.34 points, or 0.42 percent, to 3,392.97 points.

The market gained momentum somewhat from Warren Buffett’s comments on stock market. In an interview aired on CNBC Monday, Buffett said that U.S. stock indices would go “far higher” in the long run even though they had logged milestone levels. He added that stocks are now “reasonably priced” and not “ridiculously” high.

The S&P 500 closed above 1,600 points Friday and the Dow hit 15, 000 points for the first time in history, boosted by a better-than- expected jobs report.

There is a seasonal market pattern of “sell in May and go away. ” If the market would not see some selling Monday and this week, the stock rally will continue on, Joseph C. Greco, managing director for trading & sales of Meridian Equity Partners, told Xinhua.

“Otherwise, I would anticipate that at some point early this month, perhaps right before option expiration, we will see some selling coming in. The question is how much magnitude of selling,” said Greco.

Financials led the gains in the S&P 500 sectors.

Shares of Bank of America Corporation and of Wells Fargo rose 5. 31 percent and 0.42 percent, respectively, though Attorney General of New York State Eric T. Schneiderman on Monday announced his intention to sue the two banks for repeatedly violating the terms of a landmark mortgage settlement, according to a statement released by the New York State Office of the Attorney General.

The CBOE Volatility Index, considered the fear gauge of Wall Street, fell 1.48 percent to 12.66. There were no major economic data or notable corporate earnings released on Monday.

Trading of BMC Software Inc. shares ended flat. The company agreed to be acquired by signing a multi-billion-dollar definitive agreement with a private investor group led by Bain Capital and Golden Gate Capital, according to a joint statement released Monday.

In other markets, oil prices continued to surge Monday following Friday’s rally, amid growing uncertainties in Mideast after Israel’s attack on Syria. Light, sweet crude for June delivery rose 55 cents, or 0.57 percent, to settle at 96.16 U.S. dollars a barrel on the New York Mercantile Exchange. Brent for June delivery increased 1.27 dollars, or 1.22 percent, to close at 105.46 dollars a barrel.

Gold future for June delivery on the COMEX division of the New York Mercantile Exchange on Monday rallied 3.8 dollars, or 0.26 percent, to settle at 1,468 dollars per ounce on strong demand for the precious metal.

The U.S. dollar strengthened against most of major currencies Monday as investors became more optimistic with the U.S. economy after the release of the encouraging nonfarm payrolls report for April. In late New York trading, the euro dipped to 1.3078 dollars from 1.3109 dollars of the previous session.

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