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Published Every Monday Since 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%

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