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

United States United States Latest News, United States United States Headlines

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

Here's what the stock market liked from the FedThe Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.
Source: CNBC - 🏆 12. / 72 Read more »

Oil prices jump amid fresh Iran tensions, falling U.S. supply, stock-market gainsOil prices rise in step with other perceived riskier assets following hints that the Federal Reserve could cut interest rates in the coming months and on...
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. bond market's inflation gauges rise as Fed hints at rate cutsThe U.S. bond market's gauges of investors' inflation views climbed on... Anyone seen the price of gold in the last few hours? Just asking!
Source: Reuters - 🏆 2. / 97 Read more »