Friday, August 14, 2020

MARKET CREEPING BACK UP

by Bob Walsh

On both Tuesday and Wednesday the DJIA moved above 28,000 briefly.  Yesterday it looked as though it would close above that point for the first time since late February, but couldn't quite hold on.  The NASDAQ and S&P have also done very well lately.

I am guessing that the DOW will close and hold above 28,000 around the end of this month.  This year is strange, unique even, and the fact that many people vote their pocket book might not hold this year.  That being said, having a lot of people's 401k in good territory will certainly not hurt.

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