Moneymoney

Fri Jan 11, 2019, 05:18 PM

DOW 23995 for Friday 1-11-18

Previous close 24001. 52 wk high 26951. 52 wk low 21712. Low of the day 23798. High 23996.

NASDAQ : 6971 ▼

S&P : 2596 ▼

Soybeans : 8.99 ▲

2 replies, 87 views

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Reply DOW 23995 for Friday 1-11-18 (Original post)
uncledad Jan 11 OP
BigKahunna2.0 Jan 12 #1
uncledad Jan 12 #2

Response to uncledad (Original post)

Sat Jan 12, 2019, 08:27 AM

1. Up over 550 points in a very profitable week..

It would seem that talk of a bear market was greatly exaggerated…..for now

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Response to BigKahunna2.0 (Reply #1)

Sat Jan 12, 2019, 11:44 AM

2. Bear is a trend over time...

The market will rise to lower highs and volatility will increase bringing new lows.

We've come a long way from the great recession, a slow moving bull, until the trump jump.

I think we are closer to "normal valuations " as the way the FED looks at the market.

They have been known to blow bubbles into the economy, they look to be " normalizing " interest rates.

At the same time, decreasing their balance sheet while the general economy is doing well.

There was a lot of stimulus from the tax cut, but there's a lot of private debt out there.

Main concern is how the global slow down will ripple thru or back up the pipes.

Last year's decline could be classed as a soft landing.

Here's hoping you do well this year and for many to come...

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