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January 29, 2017
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The Dow Just Broke 20,000
In 2016, we saw some decent pull-backs and volatility.
Then Donald Trump was elected President.
On November 22nd, the Dow reached 19,000 ... and in only 42 days, it's broken 20,000. That's the second-fastest rise ever.
Coincidence?
With 30 components providing point value ... the 5 "heavyweights" this year are: Boeing, IBM, 3m, United Healthcare and Home Depot.
Are the markets responding to Trump's consistency with his campaign messages? Just happy to have some hope in change?
So, as the presidency continues, will the trend keep going up?
What do you think?
Posted at 05:47 PM in Business, Current Affairs, Market Commentary, Trading, Trading Tools | Permalink
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