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Why is DOW climbing up now?
Sentinel

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#1

20-11-2023, 10:43 PM
Why ah? What news?

Thinking
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TalkingRabbit

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#2

01-12-2023, 10:45 AM
Dow has sponsored half of my travel fees to Swiss  Big Grin
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red3

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#3

01-12-2023, 11:16 AM
When news come out it will be down 500points
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sgbuffett

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#4

01-12-2023, 11:21 AM
Mainly interest rate has peaked

Dow and Nasdaq were set on course for super bubble given the relentless faith in US markets...

Then rate hikes came and dampen the mood.

Now that rates have peaked the selling pressure removed buyers cheong back in.

The US economy is actually slowing which means s at some point that becomes a problem.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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sgbuffett

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#5

01-12-2023, 11:23 AM
(01-12-2023, 10:45 AM)TalkingRabbit Wrote:  Dow has sponsored half of my travel fees to Swiss  Big Grin

When it drops it tax back
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p1acebo

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#6

01-12-2023, 11:29 AM
(01-12-2023, 11:21 AM)sgbuffett Wrote:  Mainly interest rate has peaked

Dow and Nasdaq were set on course for super bubble given the relentless faith in US markets...

Then rate hikes came and dampen the mood.

Now that rates have peaked the selling pressure removed buyers cheong back in.

The US economy is actually slowing which means s at some point that becomes a problem.

Mr Revered Reverse Indicator, please don't jinx the US markets by saying it will cheong Laughing
Wherever you go, no matter what the weather, always bring your own sunshine Big Grin
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