The Dow Jones Industrial Average closed at 20579 on 4/20/17, as the stock market soared on Thursday. The Dow has rallied from 18,300 to over 21,000 since Trump was elected President so a correction can come at any moment for no reason. Expect the market to move sideways into the summer.
DJIA
- Thread starter Phill Twist
- Start date
The Instrument can be doing a flat structure before the last leg into a buy.
The Dow Jones Industrial Average closed at 20548 on 4/21/17, as the stock market ended flat. The Dow has rallied from 18,300 to over 21,000 since Trump was elected President so a correction can come at any moment for no reason. Expect the market to move sideways into the summer.
The Dow Jones Industrial Average closed at 20960 on 5/3/17, as the stock market ended mixed. The stock market is warming up to tax reform which is really bullish. Earnings are also coming in better than expected but I still expect the market to move sideways into the summer.
The Dow Jones Industrial Average closed at 20960 on 5/4/17, as the stock market ended mixed. The Republicans finally passed the healthcare bill in the house so now it goes to the Senate. All eyes will be on the jobs report tomorrow.
The Dow Jones Industrial Average closed at 20994 on 5/5/17, as the stock market ended higher. The Jobs report came in strong so now the Dow will likely rally into the summer.
The Dow Jones Industrial Average closed at 21012 on 5/8/17, as the stock market ended higher. Apple (AAPL) hit a record high and is now worth $811 billion. I don't see anything that would indicate a stock market correction is coming but you just never know!
The Dow Jones Industrial Average closed at 20976 on 5/9/17, as the stock market ended flat. Apple (AAPL) hit a record high and is now worth $811 billion. I don't see anything that would indicate a stock market correction is coming but you just never know!
The Dow Jones Industrial Average closed at 20943 on 5/10/17, as the stock market ended flat again. The Dow Jones is having trouble around 21,000 but this is normal when something nears resistance. I don't see anything that would indicate a stock market correction is coming but you just never know!
The Dow Jones Industrial Average closed at 20920 on 5/11/17, as the stock market ended flat again. The Dow Jones is having trouble around 21,000 but this is normal when something nears resistance. I don't see anything that would indicate a stock market correction is coming but you just never know!