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

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.

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.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Dow, S&P can keep climbing the market's wall of worry, according to historyThe 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. I SAID SHOULD!!! This way he is covered when ms market takes a dump in January. These markets still have a lot of risk BUT are higher than before this mess started in March, Makes no sense. thanks for this news Yes! Pump it up! Debt doesn't matter! Negative GDP doesn't matter! 20 MILLIONS unemployed doesn't matter! Economy is in a best place ever - on the middle of pandemic and Recession/Depression.
Source: CNBC - 🏆 12. / 72 Read more »

Dow Jones Industrial Average: What it is and why it matters - Business InsiderThe Dow Jones Industrial Average is one of the most-watched stock index in the world — here's how it works and why it's so influential They only put the high fliers in the Dow 30 to juice their number higher.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why Social Media Companies Can Censor Trump, And Why Your Boss Can Censor YouIn response to the January 6, 2021 assault on the U.S. Capitol by Trump supporters, various social media companies suspended or banned President Trump from using their platforms. Private companies have similar power over the free speech of their employees, depending on the context.
Source: Forbes - 🏆 394. / 53 Read more »