THE CHART SHOWS DOW JONES TO 32,000 — BE BULLISH BUT CAUTIOUS IN THIS DRUNKEN PARTY $AAPL $AMZN $DIA $SPY $QQQ $FB $MSFT $GOOG $GOOGL
The Dow Jones Industrial Average may be heading toward 32,000, according to one measure that often works out. Let’s explore with the help of a chart. Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA which tracks the benchmark index DJIA. Please note the following: • When the Dow Jones Industrial Average was at 16,000 points, I was among few who publicly called for the index to hit 30,000. Subsequently, I have repeated the call several times. As an example, please see “Here’s the case for Dow 30,000 in Trump’s first term.” • The Federal Reserve