Weekend Reading: Dow 24,000 By Christmas
stop by transfs site for extra details on personal finances
zerohedge.com / by Lance Roberts via RealInvestmentAdvice.com / Oct 20, 2017 4:24 PM
This past week, the Dow crested 23000 sending the networks into a “tizzy.” It took about 5-minutes of crossing that magical “round number,” before questions raised of how long before the markets cross 24,000, and 25,000.
The chart below shows the 1000-point milestones of the Dow going back to 2009. After a long break between 18,000 and 19,000 in 2015 through the election in 2016, the Dow has surged higher ticking off 4-more milestones in less than a year.
As I have shown previously, these late stage “melt-ups” are not uncommon. In fact, as shown below, it is something witnessed prior to every market peak previously.
October 20, 2017 at 07:30PM
Jina Scholten's Blog 