There’s been plenty of clamoring that economic downturn would begin in 2019. NYT’s columnist and Nobel Prize-winning economist Paul Krugman has emphatically warned investors that a Trump victory would “trigger a global recession with no end in sight.” In February, he forecasted a recession for latter 2019. Next, there was the imminent threat stemming fromread more Is Recession Nearing?
Nasdaq Composite closed up 1.06% or $220 billion for the week; the S&P 500 rose .85%, $115 billion. Markets are said to “climb a wall of worry,” this time is no different. Have a great weekend, spend a little extra, and give back! #digitaladvisor 1db.comread more S&P 500 + NASDAQ = RECORD LEVELS
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 DJIread more Dow Theory is Worth a Look
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; theread more Since this bull market began back in 2009, November has been frequently profitable for shareholders.
#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#digitaladvisorread more S&P 500 Hits Intraday Record High, Why?