trump rally still going strong lol all the action is in the US that's for sure - that bounce off 18k on the dow weekly was big time bullish still on track for our 20k target as we mentioned
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trump rally still going strong lol all the action is in the US that's for sure - that bounce off 18k on the dow weekly was big time bullish still on track for our 20k target as we mentioned
Martin Hawes in an article a few months back announced that he had reduced his shares to about 40%. That still a sizable chunk of shares so won't have missed out entirely on some of the best market action in ages.
But what if you sold out a couple of months ago and are sitting on cash now. In the short term, the bulls look firmly in control. What's the next move? I'm still pretty much all in and not looking to sell.
But I should add, with the dow at 19000 I'm feeling a little anxious. That's a crazy number.
wow nice week for the us markets with most indices hitting all time highs DJT not far off, Russell is amazing run and the dow less than 5% from our target of 20k lot of people saying it could get there by xmas who knows but sure make a good party lol
http://finance.yahoo.com/news/dow-hi...163704133.html
http://www.cnbc.com/2016/11/23/these...-to-20000.html
http://www.cnbc.com/2016/08/10/dow-e...ll-happen.html
http://www.marketwatch.com/story/4-r...ear-2016-04-04
guess lots of people like the look of dow 20000.
think about it theres so much money funds have on the sidelines because of fear that they will have to re-invest soon for performance if that is there not already chasing it.
Just the same in NZ really funds have so much cash on the side lines and it is starting to show in there performance - wait to there silly annualised figures catch up and your see what a miserable yr a lot of these funds have had performance wise - was it buffett who said invest when people are fearful and sell when they are greedy a lot of fear there has been this year.