The Dow Is About to Hit Its Next All Time High, and Then Collapse

The Dow Jones Industrial Average index’s 50-day simple moving average is about to overtake the Dow’s 200-day moving average, which shows the market is heating up as it makes its approach to 2018’s two record highs for the Dow in January and Sept 2018. But after breaking out and hitting its next record high the index has another correction due. It will be a reckoning with the inevitable end of the Federal Reserve‘s decade of artificially low-interest rates, and the Dow’s average P/E (price to earnings) ratio. As well as the usual disruptions from high tech 21st-century capitalism. The Dow

The post The Dow Is About to Hit Its Next All Time High, and Then Collapse appeared first on CCN

source https://www.ccn.com/the-dow-is-about-to-hit-its-next-all-time-high-and-then-collapse

READ MORE http://bit.ly/2JmPinm

from Cryptocurrency News https://ift.tt/2Hu5FMV
via IFTTT Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. https://ift.tt/2XxnqzJ Email me at justplanegonefilms@gmail.com after signing up with my link, and I will personally help you with choosing which stocks to invest!