Guest post by Joe Hoft
Never before in the more than 100 year history of the DOW has the US Stock Market grown by more than 4,000 points in a 200 day closing cycle – until yesterday.
The DOW closed yesterday at 21,900. Although slightly off the all time high set a few weeks ago of 22,118, the market is still at all time high territory. However, when you compare yesterday’s close to the market’s close 200 working days ago, on November 4th, 2016, the DOW is up 4,000 points.
On November 4th, 2016, just before the election, the DOW stood at 17,888. Now only 200 working days later, the DOW closed at 21,900. The difference between these 200 working days and closings of the DOW is more than 4,000 points (4,012).
The kicker is that this has never happened before in US history. Never in 200 consecutive days of DOW closings has the DOW increased by more than 4,000 points.
This is historic!
As a matter of fact the market has never grown more than 3,900 points over 200 closing days before President Trump took office.
Another record and more winning.
Winning, winning, winning!
