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In reality, Dow 20,000 is just a $10 move away

Dow 20,000 is on the threshold of hitting the mark. Everyone is waiting in high anticipation as they wait for what is supposed to be a big change in the stock market. Other stocks are covered and it gets pointed out that not every stock is the same so it can affect them all differently.

Key Takeaways:

  • The Dow Jones industrial average has been closing in on 20,000 for over a week now and was as close as 27 points Tuesday morning.
  • Market observers and investors alike have been hotly anticipating that new threshold, but the index just hasn’t been able to make it over that hump.
  • Surprisingly, it was less than $10 in real share price that separated the Dow from breaking that barrier, as of the close Friday.

“Surprisingly, it was less than $10 in real share price that separated the Dow from breaking that barrier, as of the close Friday.”

http://www.cnbc.com/2016/12/27/dow-20k-are-we-there-yet.html

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