Tuesday, May 23, 2017

Markets Continue Boom; Dow Up Third Straight Day

Remember that 372-point drop last week? All gone. Well, almost.

On Tuesday, May 16, the Dow Jone Industrial Average closed at 20,979.75. The following day, the close was 20,606.93.


After three straight days of gains, however, the Dow closed Monday at 20,894.83. So, another 85 points and last week's fallout will be all but forgotten, the band-aid removed, only a small scab remaining.

Don't fight it. Even though you know stocks are overvalued, TINA (There Is No Alternative) says, "Love me."

At The Close, 5/22/17:
Dow: 20,894.83, +89.99 (0.43%)
NASDAQ: 6,133.62, +49.92 (0.82%)
S&P 500: 2,394.02, +12.29 (0.52%)
NYSE Composite: 11,585.21, +42.52 (0.37%)

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