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Tag: round number effect

Why Dow 20k matters

Stocks have been trading rather flat in recent weeks, and several attempts for the Dow to get above the 20k milestone have come up short. More on that later in this article. First, let’s have a look at the current situation in the S&P 500: A few weeks ago we observed how stocks needed to… Continue reading Why Dow 20k matters

Published January 10, 2017
Categorized as Financial Astrology, Market Commentary Tagged Dow 20k, first digit effect, round number effect

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