Stocks Hit Record Highs With Dow Above 20,000; What's Next?

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Author	Replies: 5 / Views: 1,292
CCFPress Press Manager United States 1420 Posts	Posted 01/25/2017 3:47 pm The U.S. stock market is on a tear with all major indexes trading at record highs. The Dow Jones is trading above 20,000 while the S&P 500 zeroes in on 2,300. And, although it seemed like the so-called Trump rally in stocks was slowing Tuesday, analysts were telling TheStreet.com's correspondent Scott Gamm that there is still be room for growth. Speaking with Kitco's Daniela Cambone, Gamm shares his insights as to what Wall St. experts are telling him. Given that President Trump has hosted business and CEOs into the White House already shows his commitment to helping business in America, notes Gamm. 'There was this feeling after the financial crisis that big business took a hit.but now that we have a business President, big business is welcomed in the White House.' Improving investor risk sentiment is weighing on the gold market as prices have fallen below $1,200. February gold futures last traded at $1,197.70 an ounce, down more than 1% on the day. 63lFmfYjmLY Report this Post to the Staff

nfine Pillar of the Community United States 3471 Posts	Posted 01/25/2017 3:51 pm What's next? Dow 21,000. Report this Post to the Staff
TroyWhite Valued Member United States 112 Posts	Posted 01/25/2017 5:55 pm I think it goes to 25,000. Then not wanting to miss out I sell everything and go 100% stocks. The next day it crashes to under 10,000 on the Dow... Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21788 Posts	Posted 01/25/2017 7:07 pm Trump gets elected. Big business is happier. Share prices rise. Shares a bit more attractive as investment. PM's, relative to shares, become a little less attractive. PM prices go down. Prices of both will re stabilize, then move in their own way as new factors influence each in different ways. My opinion is that PM prices will be in the doldrums for at least the next couple of years, as interest rates and share prices rise, because they will become relatively more attractive. Buy in gloom and sell in doom! Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 01/25/2017 7:27 pm Thoughtful reply. I already see softness in large type. Report this Post to the Staff
Crazyb0 Rest in Peace 10197 Posts	Posted 01/25/2017 11:53 pm Yeah, its a nice time for the poorer people like me to buy PM's as future investments as well as collections. Anyone out there needing to unload free cash now that the gubmint won't be giving out that much for the next few years! . (Remember those magic 8 ball questions?) Edited by Crazyb0 01/25/2017 11:55 pm Report this Post to the Staff
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