Gotta love ZERO RISK in the SP500 = $$$

Already talking about 21000.....like little kids wanting more cookies after they already ate 15


BREAKING: DOW HITS 20,000 FOR THE FIRST TIME EVER[/paste:font]

    • DOW HITS 20,000: Trump trade points to 21,000
      Patti Domm | @pattidomm
      6 Mins AgoCNBC.com
      103577082-GettyImages-148046732.530x298.jpg

      Getty Images
      Wall Street's bull should keep running even after its race to Dow 20,000 from its last thousand-point milestone, but it's much more likely to slow to a trot before it reaches 21,000.

      The Dow crossed 19,000 on Nov. 22 and continued to gain, as the Trump trade swept the market higher.
 
W.J. Feathermaker III said:
CNBC probably has 10% of the audience they had during peak viewership (late 90's-early 00's).
More...


That's definitely true....there audience peaked a long time ago....I bet if the markets went into a huge spiral downward market viewership would actually rise....seems the opposite has happened... Markets have rallied 250% and audience has dropped off a cliff
 
On average it takes 2 years to go to the next thousand point level, this happened in 2 months!!!!
That means Dow 26000+ by December.... Whewwwww




the previous record for a 1,000-point gain was 24 days from the time the Dow first crossed 10,000 to 11,000, in 1999.

"Normally it takes 24 months to go from each thousand-point level. We did it in two months," said Sam Stovall, chief investment strategist at CFRA.

The Dow has closed at record highs 17 times since Election Day. It came within 0.037 point — 19,999.63 — during the Jan. 6 trading day.
 
Whats that saying by buffet? Be greedy when??????

Seems he proclaimed and screamed that quote on the way down but as stocks rise for 8 years straight not once has that other part of the quote been mentioned!!!! Hmmmmm

When is that fear when others are greedy going to apply???
 
This is funny....Siegel says "I don't think we're going to get to 21000 as fast as we went from 19,000 to 20,000. It's going to take a quarter."

So he's saying that a jump from 20,000 to 21000 in one single 3 month quarter in this already inflated high priced market isn't fast enough????? That a quarter is a long time to wait and see this over extended market rally another 1000 points?????????
Wow this is getting to be a bubblicious market!!!!!!


Siegel expects the market to keep moving higher on the back of promises from President-elect Donald Trump to cut taxes and regulations, but it will have to see action to keep moving. "I don't think we're going to get to 21,000 as fast as we went from 19,000 to 20,000. It's going to take a quarter," said Siegel.
 
After reading these facts about whole round numbers and every time the Dow has crossed them it seems that no matter what the markets are completely risk free....they said every time a round number is crossed they expect as usual for traders to push it up even higher....risk free money making markets....
No risk ALL reward ALL the time!


CNBC looked at market data from the past 30 years and zeroed in on the times when the Dow has crossed levels like 2,000, 3,000, 4,000 ... all the way up to the 19,000 level it hit in November. At those times, investors can typically expect traders to push it up even higher, according to data from Kensho. Not only does the Dow go up, but it outperforms the S&P 500 index along the way.

The trend is true not just for quick one-week returns, but also one-month and one-quarter. Here's a summary of the data, going back to January 1987, when the Dow closed above 2,000 for the first time ever. Averages over the 18 instances show how performance increased.
 
S2007S said:
Wow this is getting to be a bubblicious market!!!!!!
More...

Dow took almost 18 years to go from 10,000 to 20,000.

That is just a 4% per year return.

I think the long term price growth of the DOW is 4.8% excluding dividends.
So it has been underperforming itself since 1999.

The market is not currently in a bubble.

If the DOW continues to go up just 4% a year, it will be 27,000 by the end of Trump's second term, but could easily be over 30,000 by then without breaking much of a sweat.

The DOW went from 5000 to 10,000 in just four years back in the 90s, that is what you call a bubble!
 
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Dow milestones
Date
Close
Days
% Change for prior -000
Annualized Gain
5/26/1896 40.94 -- -- --
1/12/1906 100.25 3884 144.87% 8.79%
12/19/1927 200.93 8011 100.43% 3.22%
3/12/1956 500.24 10311 148.96% 3.28%
11/14/1972 10003.16 6091 100.54% 4.26%
1/8/1987 2002.25 5168 99.59% 5.01%
4/17/1991 3004.46 1560 50.05% 9.97%
2/23/1995 4003.33 1408 33.25% 7.73%
11/21/1995 5023.55 271 25.48% 35.79%
10/14/1996 6010 328 19.64% 22.10%
2/13/1997 7022.44 122 16.85% 59.38%
7/16/1997 8038.88 153 14.47% 38.09%
4/6/1998 9033.23 264 12.37% 17.51%
3/29/1999 10006.78 357 10.78% 11.04%
5/3/1999 11014.69 35 10.07% 172.23%
10/19/2006 120011.73 2726 9.05% 1.17%
4/25/2007 13089.89 188 8.98% 18.18%
7/19/2007 14000.41 85 6.96% 33.50%
5/7/2013 15056.20 2119 7.54% 1.26%
11/21/2013 16009.99 198 6.33% 12%
7/3/2014 17068.26 224 6.61% 11%
12/23/2014 18024.17 173 5.60% 12.19%
11/22/2016 19023.87 700 5.55% 2.86%
1/25/2017 20015 64 5.21% 33.62%*

Source: S&P Dow Jones Indices/Howard Silverblatt

* Before the closing bell

Other Dow 20K stories include:

DOW HITS 20,000 FOR THE FIRST TIME: Trump trade points to 21,000
88 years of the Dow 30—can you name them all?
When the Dow crosses a thousand, it usually means a new rally
Dow just hit 20,000, but here's the milestone that actually matters
With Dow 20K passed, $20 trillion on the national debt is next
 
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