This from SDBullion:
Posted on 01/05/2026 10:24:38 AM PST by Steven Scharf
Dow Jones Industrial Average Last Updated: Jan 5, 2026 at 1:17 p.m. EST 49,144.24 Up 761.85 1.57% Previous Close 48,382.39
YTD Range Day Range 48,449.62 to 49,157.19 52 Week Range 36,611.78 to 49,157.19
(Excerpt) Read more at marketwatch.com ...
Think they approve of Trumps's action in Venezuala?
C’mon, give me 50, daddy needs a new paira shoes!
It is in part the Venezuela news and in part (a larger part I believe) 1st of the year buying uptick, which is normal. There were large sellers who took tax losses on sales in December, so they can be used on their 2025 income tax reports (tax write offs), and then in January they take the results of those sales and reinvest them. This is reflected in the broad positioning of the buys in the Dow, S&P, Nadaq and all the way into the small cap Russel 2000.
Danged DOW has jumped what since Trump came into office, 5-7,000? When it dropped that bit at the start, the left lost another brain cell. Now, it is up to 49,000?!?!?! This is only going to cause them to lose a few more. Rapidly running out of their last 35 brain cells!!
At least Fox Business is scrolling the numbers. The focus of the hosts seems to be its "January" thing. They're calling it the January Barometer. 👏......👏.........👏
Wait. I thought we were supposed to have a crash. That’s what all the YouTube videos said!
Irritating, actually. I had 401K distribution checks authorized 18 Dec that I only received today for depositing into the IRA. Sell high, buy higher, right? 8<)
First of year buy ins. Driven by tax.
This from SDBullion:
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