The Dow Just Keeps Going Up And Up

Discussion in 'Investment Charts' started by Chartman, Dec 28, 2019.

  1. Chartman

    Chartman Senior Investor

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    Where will it stop?

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  2. longtermbull

    longtermbull Administrator Staff Member

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    Nothing goes up in a straight line but this has been a VERY strong finish to the year for the DJIA.
     
  3. Chartman

    Chartman Senior Investor

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    At some point the market will drift back, even if just to consolidate ahead of another run.
     
  4. Buyonthedips

    Buyonthedips Senior Investor

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    How often do we see this - markets end the year on a high, investors take a profit in the new year just to show some profit. Then again, an impending war with Iran does not look good!
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    The Iran issue offers a perfect reason for investors to cash in some profits to start the new year with a bang :)
     
  6. Chartman

    Chartman Senior Investor

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    Is Iran just a bluff to get voters back on Trump's side?
     
  7. Buyonthedips

    Buyonthedips Senior Investor

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    Reading the news today it looks as thought the US and Iran stitched up a deal to get rid of the general they assassinated? All very strange goings on :)
     
  8. Chartman

    Chartman Senior Investor

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    You would have thought with the political and economic challenges facing DT that the DJIA would be struggling?
     
  9. Buyonthedips

    Buyonthedips Senior Investor

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    There is no stopping the market and tech stocks are flying - always a sign that the market is strong. All this bad news and market still flying - what if we actually had some good news on the economy/politics?
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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    There is a lot of negative news out there (Coronavirus for one!) although we havent exactly seen a run to the hills from investors. Is the market due a correction/bout of profit taking?
     
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