The Bull, The Bear---- Will Uncle Sam use the Trump Card

in money •  7 years ago 

DOW-JONES INDUSTRIALS -23328.63

NYSE COMPOSITE -12430.52

NASDAQ 6629.05

DOW closed above 23300 dated 20th of Oct 2017. Has it really take a resistance or its going to move higher with a prospective of America’s growth. Did people really make money in Stock Markets or they are still waiting to grab the trending opportunities. If one really looking to buy more on dip then they should be careful as of now. Big Fish might book profit here.
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According to the Fed, one-third of families in the bottom 50% of earners own stocks. On the other hand, nearly 94% of the top income group owned stocks in 2016.
Lower-income Americans don't have extra money to put into stocks, and a third of workers don't have access to a 401(k) or another retirement plan, according to Pew. (http://www.pewtrusts.org) Source: - money.cnn.com

Trump posted a series of tweets highlighting the milestone when DOW crossed 23000 mark. Is the growth really matters to Americans, if yes then what next....

One hand Market Growth and on other WAR like situation......
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Its a Trump decision which can decide the market movement.

Support and Resistance Level of Dow Jones Industrial Average
Resistance Level

  1. 23672
  2. 23944
  3. 24293

Support Level

  1. 23086
  2. 22729
  3. 22209

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super

Thanks Bro..... Will keep updating this post

this is good ...

Thanks......

I have little knowledge about stock market.

nice