Dow Hits Record 20,000

[House]

Trump is officially POTUS and the Dow hits 20k... love it

Traders cheered from the floor of the New York Stock Exchange as the big-company index finished the day at 20,068.10, up a whopping 155.80 points from the previous day's close.

 

[Skyrocket]

inflate, inflate...POP!

 

[Roswell Crash Survivor]

Ever notice how almost every time a new 'all-time' high hits, a correction immediately follows?

 

[Midastouchofgold]

good time to buy a US share market index fund

 

[alor]

Good time to prepare for shorts in near future.

 

[noah]

and may the all ords just follow in the dow's slipstream

 

[clear]

up the a_ _

 

[matt_kcd]

good time to buy a US share market index fund

Yeah, you should always buy at historic highs

 

[reaver]

Wonder if his chain has been yanked and he's truly 180'd on the 'DOW is a bubble' meme or if he's actually trying to be a twitter troll.

 

[primaticves]

Is it just of inflation, because of the excess money supply? It appears everything is going up but in reality its not?

 

[phrenzy]

Headlines from CNBC even say trump honeymoon is way over, things starting to turn.

 

[tolly_67]

If he gets the tax changes through then 20,000 Dow will soon be history as it heads towards 30,000

 

[SpacePete]

Is it just of inflation, because of the excess money supply? It appears everything is going up but in reality its not?

Irrational exuberance maybe?

"Irrational exuberance" is a phrase used by the then-Federal Reserve Board chairman, Alan Greenspan, in a speech given at the American Enterprise Institute during the Dot-com bubble of the 1990s. The phrase was interpreted as a warning that the market might be somewhat overvalued.

 

[SpacePete]

If he gets the tax changes through then 20,000 Dow will soon be history as it heads towards 30,000

This would be interesting indeed. I can't say I wouldn't profit from it assuming I got out before any major downward move. Timing is everything after all.

 

[Greg Williams]

If he gets the tax changes through then 20,000 Dow will soon be history as it heads towards 30,000

This would be interesting indeed. I can't say I wouldn't profit from it assuming I got out before any major downward move. Timing is everything after all.

One should take profit, your holding at a time so you still have skin in the game.

JM2

 

[argento]

and the US Debt hits 20 trillion...another record

 

[Ipv6Ready]

and the US Debt hits 20 trillion...another record

Big number, but America can pay that off in under 2 year. Americans are ranked tenth of indebtness when measured per capita

When (and if) Japan implodes, gold could go to $20,000 an ounce.