Why Dow, S&P can keep climbing market's wall of worry, according to history

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The big stock market returns through November were similar to years since World War II in which the bullishness lasted through the final month of trading.

But for Sam Stovall, chief investment strategist at CFRA Research, that Friday jobs number was the perfect example of how this market just keeps "climbing a wall of worry."

That holds for the Dow trading pattern as well. Whenever the S&P 500 was up 10%-plus year-to-date through November, the DJIA was up an average 1.8% in December, rising 78% of the time. "We need to ankqowedlege a lot of fuel already has been expended and the upward trajectory, the angle of ascent will be reduced," Stovall said.Also on the bullish side is recent talk in Washington D.C. that a stimulus package, even a smaller one, is getting closer. As the Covid situation worsens and job gains weaken, it seems like politicians may be.

 

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Dow keeps climbing because of the superb Trump administration decisions.

because there is no volume and it is being manipulated by the same cyber criminals that is the real reasons why markets are at highest valuations ever it is a cyber scam and price discovery is broken

Easy: People with money continue to feed the climbers. They will stay healthy at least until the baseline of consumers completely runs dry.

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