Why is DOW climbing up now? -
Sentinel - 20-11-2023
Why ah? What news?
RE: Why is DOW climbing up now? -
TalkingRabbit - 01-12-2023
Dow has sponsored half of my travel fees to SwissÂ
RE: Why is DOW climbing up now? -
red3 - 01-12-2023
When news come out it will be down 500points
RE: Why is DOW climbing up now? -
sgbuffett - 01-12-2023
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.
RE: Why is DOW climbing up now? -
sgbuffett - 01-12-2023
(01-12-2023, 10:45 AM)TalkingRabbit Wrote: Dow has sponsored half of my travel fees to Swiss ![Big Grin Big Grin](https://sgtalk.net/images/smilies/biggrin.png)
When it drops it tax back
RE: Why is DOW climbing up now? -
p1acebo - 01-12-2023
(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