It's finally here, the long awaited DOW 20,000.
Ramble On
Has the Market Topped?
A Weekend Market Ramble
"Big bubble close to popping, killing our dreams" That was the headline 2 years ago. Yet here we are ...the S&P500, NASDAQ, and Dow Jones Industrial average closed Friday near all time record highs. Bubble pop averted.... for now. If the price of the stock market was a proxy for the economy the indices would in all likelihood not be trading at these levels. Right?
The Utopia Moves From Coach to First Class
The market continues to soar after the Presidential election. Such a large swift move usually comes with many traders calling for a top, or at least a pull back. And if we've learned anything since the March 2009 lows, it's that any rally can go far further than expectations, and that while a pull back may come at some point, trying to time it is usually a failed endevour. I don't think it will be any different this time around.