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213: Will the Dow Go to 50,000 Without a Rest?

213: Will the Dow Go to 50,000 Without a Rest?

FromBe Wealthy & Smart


213: Will the Dow Go to 50,000 Without a Rest?

FromBe Wealthy & Smart

ratings:
Length:
7 minutes
Released:
Dec 9, 2016
Format:
Podcast episode

Description

Learn from a listener question: Will the Dow Go to 50,000 Without a Rest? Listener question: Dear Linda, My friend say the market is off and running and will go to 50,000 from here. Will the Dow shoot to 50,000 without a rest? Raoul The Dow is only 30 companies large companies like American Express, Caterpillar, Chevron, McDonald’s and Walt Disney, and some tech like Apple, Cisco Systems, Microsoft, Intel, and IBM. Stocks move in waves called cycles. It’s the nature of things. Nothing goes anywhere without a pause or move in the opposite direction for long. The indicators look extended. The MACD looks toppy, relative strength is overbought, consumer confidence is 63% bullish - which is a bearish indicator. Way above the 50 day moving average - all show the market will rollover soon. How low? Don’t know yet, see if it breaks support. To get “11 Quick Financial Tips to Boost Your Wealth”, go to www.lindapjones.com.
Released:
Dec 9, 2016
Format:
Podcast episode

Titles in the series (100)

Money, personal finance and financial freedom - get your money to work harder for you so you don't have to work so hard. Linda made $2 million at age 39 and shares actionable knowledge to create wealth in the stock market, real estate, and business. Discover a wealth mentor who shows you a direct path to security, stability and financial freedom. This podcast has a balanced view of how to enjoy life, it is not about frugality. It won't show you how to save a few dollars, it will show you how to save tens of thousands of dollars. Short episodes get to the point without fluff and give you valuable advice you can put to work immediately. Learn the 6 Steps to Wealth by starting with creating a wealthy mindset. Listen to one podcast and you may find yourself binge-listening to the entire library of knowledge. Be sure to subscribe so you don't miss an episode.