Author: chip

Dow Theory is a century-old stock-market supposition that has been used to forecast the stock market’s directional trend. Dow Theory assumes for an upwardly bias/economic tendency to continue, and be confirmed, both the Dow Jones Industrial Average (DJI) and Dow Jones Transportation Average (DJT) should be moving in the same direction. Assumably, if the DJI

The S&P 500 completed its fourth trading session for the month of November near record levels. Since this bull market began back in 2009, November has been frequently profitable for shareholders. Notably, the index has already reached its monthly 1.3% average gain for the entire month. 5.7% was the biggest move back in ’09; the

#PositiveNews #StocksHitRecordHighs America added 128,000 new hires to the workforce in October, 39k more than economists’ estimates. Stocks are rallying on the report, why? At closer inspection, the real nugget of information appears to be in the revisions (upward) for August and September; both numbers were noticeably above their 12-month average. Recession? invest.1db.com/bls1019hashtag#digitaladvisor

#PositiveNews Stocks soared to all-time highs (ATH) on the Fed’s quarter-point interest rate cut. The S&P 500 closed at 3046.77, setting its 15th ATH of the year. Since this bull market began back on March 3, 2009, the S&P 500 has closed 222 times at record levels. @1DB

“Our greatest weakness lies in giving up. The most certain way to succeed is always to try just one more time.” — Thomas Edison Published in Equities.comWilliam Corley | Thursday, 10 October 2019 09:00 (EST) https://www.equities.com/news/s-p-500-buy-or-bolt