Dow nets its best monthly performance since 1987 — three market analysts on what's next

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The Dow Jones Industrial Average posted its best month since January 1987. Here's what the market could look like in the next few months.

paced for its best month since January 1987.Liz Young, director of market strategy at BNY Mellon Investment Management, said any pullback would be a buying opportunity.

"We have pulled a lot forward and there's a little bit of a risk through the end of the year that we have some of that steam kind of come off. It could come off in some of the economic data, it could come off in the market, but I think that this is something that investors can and should look through.

"I'm actually optimistic. I think that if you look at where we are, we're going to get a vaccine reasonably soon. Exactly who takes it, doesn't take it, I mean everybody I know is going to take it, and I think that's a real positive. I think we're a long way from where we were in March. … Now we've got a question about [whether] we're going to get a recovery.

Mohamed El-Erian, chief economic advisor at Allianz, said the next market mover could be Federal Reserve Chair Jerome Powell's testimony this week. "We've priced most of the vaccine news in because we've had so much. I think we're going to look very carefully as to what Chairman Powell says this week. There's a lot of expectations after the Fed minutes. So that's the next big event.

 

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meanwhile the us cyber criminals running the stock market will rigging the close back to 7 pts off highs this is not a market it is a cyber crime every trading day

nice

So much for DT's declaration that the market will crash if Biden wins.😂

Bubble Bubble we’re in trouble.

Wait 2021 black rock, jp Morgan goldman want more rally . Don't fight with manipulators. Take care

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