On the last trading day of November, the Dow Jones Industrial Average opened at a new record of 19,136, having just broken through a historic barrier of 19,000 a few days earlier. Before you break out the party hats, though, it seems that most investors and analysts are holding off the big celebration until Dow 20,000. And a mere 5% upside move would take it there. The post-election market action seems to provide reasons for such optimism. Stocks rallied, bonds sold off, and gold weakened. But what’s been especially remarkable about this market action isn’t that equities and bonds went… Read More
On the last trading day of November, the Dow Jones Industrial Average opened at a new record of 19,136, having just broken through a historic barrier of 19,000 a few days earlier. Before you break out the party hats, though, it seems that most investors and analysts are holding off the big celebration until Dow 20,000. And a mere 5% upside move would take it there. The post-election market action seems to provide reasons for such optimism. Stocks rallied, bonds sold off, and gold weakened. But what’s been especially remarkable about this market action isn’t that equities and bonds went their separate ways. What stood out over the past month is the difference, or spread, between “risky” assets (aka stocks) and “safer” ones (like bonds). —Recommended Link— Prediction: These 10 Stocks Could Be 2017’s BIGGEST Investing Success Stories StreetAuthority’s experts have pinpointed over two dozen game-changing tech stocks in the last few years — but this year’s “Virtual Reality Revolution” is set to break all our past records… But first you have to know how to play it… The chart below depicts the S&P 500, Dow Jones Industrial Average, long-term Treasuries and gold, through a variety of exchange-traded funds… Read More