Wednesday, November 16, 2016
INDU Dow Jones Industrials 1-Minute Chart; New All-Time Record Closing High
The Dow Industrials print a new all-time closing high at 18923.06 on Tuesday, 11/15/16, but the all-time record high remains at 18934.05 from Monday, 11/14/16. The Dow prints new all-time highs for four consecutive days. The Trump Rally is in full swing with traders buying stocks without a care in the world. The CPCE put/call ratio is uber low verifying rampant complacency and lack of fear (a near-term market top is likely at any time forward). The Trump Rally has sent the Dow +6% higher over the last week (stocks were rallying a day before the election). This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.