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Stock market’s velocity after Trump has investors talking Dow 20,000—and beyond
marketwatch.com ^ | December 9, 2016 | Mark DeCambre

Posted on 12/09/2016 12:13:26 PM PST by John W

Do I hear 20,000? 21,000? That's the subject Wall Street investors are starting to consider after post-election ebullience has stretched equity markets deeper into the record books since Nov. 8.

Assuming that the indexes continue to lurch forward into the next week or two, that puts the gauge on pace to log the fastest 1,000-point rally since the Dow moved from 10,000 to 11,000 in from March 29, 1999, to May 3, 1999 — a 24-day trading day span, according to Dow Jones data.

The broad-based rally has been supported by the expectation that Trump will unleash a raft of pro-business policies, including a roll back of regulations, tax cuts and fiscal spending. Signs that the market is already on a solid economic footing relative to other economies across the globe and comparatively better quarterly results from U.S. corporations isn’t hurting.

(Excerpt) Read more at marketwatch.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: djia; dow10000; dow20000; trumpdjia; trumpeconomy; trumptransition

1 posted on 12/09/2016 12:13:26 PM PST by John W
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To: John W

2 posted on 12/09/2016 12:14:33 PM PST by BenLurkin (The above is not a statement of fact. It is either satire or opinion. Or both.)
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To: John W

Yes, and the left is dancing around it so it won’t have to attribute it to Trump.


3 posted on 12/09/2016 12:14:39 PM PST by I want the USA back (Lying Media: completely irresponsible. Complicit in the destruction of this country.)
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To: John W

Remember - what goes up, must come down.


4 posted on 12/09/2016 12:15:23 PM PST by oh8eleven (RVN '67-'68)
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To: John W

I predicted dow 25 to 30,000 by the end of Trump’s first term with no surprise negative events.

That may be too conservative.


5 posted on 12/09/2016 12:16:34 PM PST by DoughtyOne (jcon40, "Are we be coming into the age of Sanity?")
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To: John W

P/E is still awful high, hard to believe the rally can continue until there are actual signs of growth.


6 posted on 12/09/2016 12:19:24 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: John W

Well, seeing as the Dow is at 19,741 as if this writing, predicting 20,000 isn’t exactly a stretch.


7 posted on 12/09/2016 12:23:42 PM PST by Yo-Yo ( Is the /sarc tag really necessary?)
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To: Yo-Yo

Thought that too. Somewhat surprised though to see a column almost dancing near the truth of how Trump SHOULD affect business and the economy. Doesn’t that mean their savor(s) were/would have had the opposite effect?


8 posted on 12/09/2016 12:27:34 PM PST by John W (Under Two Months And Counting!)
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To: Yo-Yo

20,000 before Christmas, in my humble, non-expert opinion.


9 posted on 12/09/2016 12:36:48 PM PST by Deo volente ("Our Independence Day is at hand, and it arrives finally on November 8th." Donald Trump)
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To: Deo volente
Santa Claus Rally?
10 posted on 12/09/2016 12:39:52 PM PST by Yo-Yo ( Is the /sarc tag really necessary?)
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To: John W

The light bulb is always brightest just before it burns out. The coming crash and economic shitstorm will not be trumps fault of course, but the MSMwhores will staple it to his forehead.


11 posted on 12/09/2016 1:16:52 PM PST by wny
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To: John W
Velocity measured over one month can be very misleading. Stocks and bonds are just a small part of an economy's liquidity from which government, consumers and the private sector compete. A smaller, more efficient government and repatriation of funds overseas along with lower taxes will allow consumers and business to correct many of the imbalances caused by a burgeoning government.
12 posted on 12/09/2016 1:37:33 PM PST by stocksthatgoup (Where's Hillary?)
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To: wny

*** “The light bulb is always brightest just before it burns out. The coming crash and economic shitstorm will not be trumps fault of course, but the MSMwhores will staple it to his forehead” ***

I am not financially blessed enough to worry about my assets being invested in the Stock Market, but I am of that age that my Retired friends (them lucky bastiches) whom many of I have recently converted to be Trump supporters are seeing this uptick as a good thing and Thank me now does have me concerned, I am already telling them that they are idiots (I don’t gamble at all) to be prepared for the shitstorm and either go Long or convert to physical assets that do not depreciate (much) nor have a Tax burden.
For me it is easy ... I just pay off any debt I have and invest in a tool that I can learn to use, they have considerably more $money and less ambition.
Do you know/have any ideas or suggestions of what they should/might invest in if they pull their $money from the Stock Market?
PS When we go fishing I’m the guy that holds down the front of “Their Boat” and my poor non boat owning ass is educating,informing and entertaining them... so it will be a tough sale. ;^)


13 posted on 12/09/2016 4:22:55 PM PST by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: DoughtyOne

I know my 403B account has done nothing but go up up up since Trump won.


14 posted on 12/09/2016 4:49:01 PM PST by Engedi
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To: wny

or not

America has a leader that is building a fantastic team to make america great again. The darkness is past


15 posted on 12/09/2016 4:59:36 PM PST by Thibodeaux (Exile Barack, Exile the Wookie, Exile Malia, Exile Shasha)
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To: Thibodeaux

*** “America has a leader that is building a fantastic team to make america great again. The darkness is past” ***

43 days to go... that Rat Bastard POS still has crap that he plans to unload... it won’t be good nor will it be covered by MSM.


16 posted on 12/09/2016 5:50:57 PM PST by TexasTransplant (Idiocracy used to just be a Movie... Live every day as your last...one day you will be right)
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To: Engedi

Excellent...

Get ready for more winning.


17 posted on 12/11/2016 12:10:53 PM PST by DoughtyOne (jcon40, "Are we be coming into the age of Sanity?")
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