Dow Moves Within Striking Distance Of 22,000

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the Markets The theme of the “new normal” continued as less than glowing reports on inflation, manufacturing and collapsing ‘hard’ economic data, were brushed aside with the major indexes continuing their march into record territory. The Dow has now climbed to within striking distance of the 22,000 milestone marker. Crude oil slipped -1.89% joined by …

Diving Into The Close

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the Markets The old adage “buy the rumor and sell the fact” certainly rang true today as the upward momentum of the past couple of days continued early in the session in anticipation of Trump’s mother of all tax cuts. While the actual announcement confirmed some leaked information, some analysts considered the tax plan a …