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Investors Are Ignoring A Potentially Large Disruptive Event
Monday, June 5, 2017 - 12:21pm | 392The Dow Jones Industrial Average is solidly trading 200 points above the "Dow 20K" milestone, which may suggest that the market is healthy with no immediate tailwinds that can result in large scale panic. Investors who think this is the case might be mistaken, at least according to BK Asset...
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The Stock Market Is Strange And This Stat Proves It
Saturday, March 18, 2017 - 10:07am | 422Here's an interesting fact about the state of the stock market, courtesy of CNBC's "Trading Nation." Going back to the time when the Dow Jones Industrial Average crossed the 10,000 mark for the first time ever, there were more trading sessions when the index rose or fell 100...
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Should You Do What The Wealthy Are Being Told To Do And Buy Stocks?
Friday, March 17, 2017 - 11:17am | 442Analysts and advisers at some of Europe's largest wealth managers have a common message for their wealthy clients: it isn't too late to be buyers of stocks at current levels. According to a Bloomberg report, the two advisory firms aren't concerned that political risk will derail the...
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Attention, Investors: Now Is The Time To Start Panicking
Tuesday, February 28, 2017 - 1:26pm | 332"Dow 20K" has come and gone, and the index is one strong day away from hitting the 21,000 mark. But this doesn't mean it is clear sailing ahead. The opposite may be true. According to a Bloomberg report, there are plenty of signs behind the scenes that there has been a shift in investor sentiment...
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The Trump Rally Is Overshadowing The Best Earnings Season In Years
Wednesday, February 8, 2017 - 2:24pm | 331The "Trump rally" pushed the Dow Jones Industrial Average over the 20,000 milestone. With all the attention focused on President Donald Trump, his administration and the many hotly debated political issues, the fact that this quarter's earnings season is the best in years is flying under the radar...
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The Romance Between President Trump And Investors Could Be Fading
Tuesday, January 31, 2017 - 4:08pm | 304In the midst of the Trump rally, the Dow Jones Industrial hit the 20,000 mark on January 25. However, by Tuesday the index briefly dipped below the 19,800 level, which may signal the romance between President Trump and investors has come to an end. As noted by CNNMoney's Paul La Monica, it...
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Gold Is The New Equity In The Trump Rally
Tuesday, January 31, 2017 - 9:18am | 268The Dow Jones Industrial Average recently broke above the Dow 20,000 milestone, but has since pulled back amid President Trump's controversial policies. Meanwhile, the price of gold is higher for the third straight day and is on track for its best month since June following the surprising...
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The Other Dow ETF Is Winning, Too
Friday, January 27, 2017 - 2:38pm | 448The Dow Jones Industrial Average is often assailed as an antiquated index for its price-weighting methodology and the fact that it is home to just 30 stocks. Still, the Dow also qualifies as venerable and widely followed, hence all the hoopla surrounding its ascent to 20,000. That much ballyhooed...
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Pro: Prepare Yourself For An Imminent 'Nasty' Market Drop
Thursday, January 26, 2017 - 4:21pm | 294The Dow Jones Industrial Average finally broke above the 20,000 mark on Wednesday, but investors should start taking their profit off the table, at least according to one notable strategist. Tony Dwyer is the senior managing director and chief market strategist at Canaccord Genuity and is generally...
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Dow 10K's Hottest Stocks: Where Are They Now?
Wednesday, January 25, 2017 - 4:17pm | 700The markets are on fire. After stalling in the new year following the post-election rally late last year, the markets have resumed their rally. The Dow Industrials has gone past the psychological barrier of 20,000 for the first time ever. Old economy stocks and financials were standout gainers...
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AppDynamics May Have Learned Something From New Relic
Wednesday, January 25, 2017 - 2:43pm | 477AppDynamics was in the final stages of prepping for an initial public offering, but the company's plans changed very quickly after Cisco Systems, Inc. (NASDAQ: CSCO) bought it out. AppDynamics, touted as the first major tech IPO of 2017, was looking to raise as much as $165.6 million at a $1.9...
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Investors Survived Brexit And Trump, Now Rewarded With Dow 20K
Wednesday, January 25, 2017 - 1:35pm | 3932016 was a tough year for investors. After the people of Britain voted in favor of leaving the European Union and putting the future of their country back in the hands of British politicians, the stock market collapsed. As noted by Bloomberg, the Brexit outcome was initially seen as the death of...
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Why Isn't Nasdaq 5500 As Big A Story As Dow 20K?
Friday, January 13, 2017 - 11:14am | 385The Dow Jones Industrial Average continues to flirt with that psychological 20,000 milestone. Though it is only a number, there is a lot of media hype over the potential achievement of this milestone, especially amid the ongoing election-induced rally. While investors are eagerly waiting to see...
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How Does The Rush To Dow 20K Compare To Dow 10K?
Thursday, December 29, 2016 - 1:08pm | 268Investors and traders hoping that the Dow Jones Industrial Average will hit the 20,000 mark in 2016 are likely to be disappointed. As of Thursday morning, the index was trading below 19,900, and there doesn't appear to be sufficient momentum to push the index higher by more than 100 points in the...
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Analyst: Dow 20K Is Nothing But A Nice, Round Number
Wednesday, December 28, 2016 - 1:28pm | 291The Dow Jones Industrial remains within 100 points of reaching the Dow 20,000 milestone, but one analyst thinks this isn't necessarily reason to celebrate. Michael Purves is the chief global strategist and head of derivatives research for Weeden & Co. On Wednesday, he was a guest on CNBC's "...