Published Every MondaySince 2007| Volume 687| January 20, 2020
So far YTD… Bulls (Markets UP) = 02… Bears (DOWN) =01…and Draw = 0
Market continue to rise – The DOW crosses 29K!
On Monday 20th markets are closed for Martin Luther King day celebrations. It is a federal holiday to celebrate his life and contributions made to advancement of civil rights using non-violent civil disobedience. He made the famous speech “…I have a dream…”Markets continue to break records!
For the first time the DOW crossed 29,000 closing the weak at 29,348. The DOW was up +479 or +1.66%, S&P500 was up +58 or +1.79%, and the NASDAQ was up +175 or +1.90% for the week ending Jan 17th. Oil closed down -$0.63 or -1.07% closing at $58.49 per barrel for the week.
In 2020 YTD, the DOW is +2.8%, S&P500 is +3.1% and Nasdaq is +4.6%
In 2019 DOW was up +22.3%, S&P500 up +28.9% and NASDAQ up +35.2%
In 2018 the DOW was down -6.7%, S&P500 down -7.0% and NASDAQ down -4.6%.
In 2017 the DOW was up 25.1%, S&P500 up 19.4% and NASDAQ up 28.2%