IGNORE THE FED — DOW 30,000 TARGET BUT FOCUS ON TAIL RISKS $AAPL $AMD $AMZN $DIA $FB $GOOG $INTC $MSFT $MU $QQQ $QRVO $SPY $DJIA
The U.S. stock market is in a strange place: President Trump is manipulating the Federal Reserve to lower interest rates — and the rest of us with his on-again, off-again trade deal with China. Investment managers are chasing performance as the year comes to a close. And momentum investors are inflating prices.
And now there is new information about the stock market that all prudent investors should heed. Let’s explore with the help of a chart.
Chart
Please click here for an annotated chart of ETF DIA which tracks the Dow Jones Industrial Average DJIA. For the sake of transparency, this chart was previously published and no changes have been made.… Please click here or the title below to read more.
December 11, 2019