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The U.S. stock market is like a drunken party — stay for a while but know when to leave

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Nigam Arora likens the stock market to a drunken party: Know when to leave

The Dow Jones Industrial Average may be heading toward 32,000, according to one measure that often works out.

• The market is optimistic about a U.S. trade deal with China when President Trump meets with President Xi at the G20 meeting June 28-29 in Osaka, Japan. At a minimum, the market is expecting a positive spin even if a deal is not reached.• The stock market often, but not always, shows symmetry. This provides a good avenue to define measured targets.• The second target is Dow Jones Industrial Average 32,000.

Ask Arora: Nigam Arora answers your questions about investing in stocks, ETFs, bonds, gold and silver, oil and currencies. Have a question? Send it to Nigam Arora.

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