Will the Dow drop below 20k?

[I spent the winter writing songs about getting better]

Yep.

[Meclazine for Israel]

Yes,

The market will sag as the case rate increases.

At the moment, we have 270 new cases a day in the US. I expect that will increase to 1,000 per day later in March.

That creates uncertainty, and hence the market loses confidence.

[Mr.Phips]

Yep.  I’m betting it bottoms out at around 14.7K.

[True Federalist (진정한 연방 주의자)]

Possibly, but not certainly. There's a lot of panic selling and those who might buy are willing to be patient because there's unlikely to be panic buying that will cause a rapid rise.

[brucejoel99]

Definitely not. Sure, it may have dropped 8,000 points over the last month, but the laws of physics just make it impossible for it to drop another thousand points. C'mon BRTD, you should know this stuff; you really need to read a book or something before you touch this market.

[TrendsareUsuallyReal]

Definitely not. Sure, it may have dropped 8,000 points over the last month, but the laws of physics just make it impossible for it to drop another thousand points. C'mon BRTD, you should know this stuff; you really need to read a book or something before you touch this market.

I hope you’re joking. Anyone that thinks we’re “bottomed our” at the current 22k is in for a nasty month (or more) going forward when the reality of layoffs/economic inactivity become more clear

[brucejoel99]

Definitely not. Sure, it may have dropped 8,000 points over the last month, but the laws of physics just make it impossible for it to drop another thousand points. C'mon BRTD, you should know this stuff; you really need to read a book or something before you touch this market.

I hope you’re joking. Anyone that thinks we’re “bottomed our” at the current 22k is in for a nasty month (or more) going forward when the reality of layoffs/economic inactivity become more clear

Did "the laws of physics just make it impossible" really not give it away?

[538Electoral]

Perhaps.

[BigVic]

Likely

[here2view]

Yes

[Person Man]

I would be impressed if it didn't. I would be impresed if it went much lower, thoguh...

[Blue3]

It wasn't that long ago that 14,000 was the all-time record high (2007, to be exact).

[AGA]

Update: already did today

[538Electoral]

Yes.

[°Leprechaun]

Does the market have a bottom?
Could it drop below 5,000? 4,000? etc. etc.

[pbrower2a]

It did.

Remember this number: 29568. It is not a zip code or the number of a street address. It is not a special point on your odometer. It is for many of us the highest value that the Dow is likely to be in many of our lifetimes. It took 25 years for the Dow to reach the 1929 peak again.

   

Knowing that a stock investment is for a combination of dividends and appreciation, this is the long view -- the really long view (149 years -- back to 1871). How long ago was that? The USA had yet to celebrate its centennial, and the Civil War was fresh in the mind of almost everyone. The German Empire formed and Otto von Bismarck was its first chancellor.

This is one of the best-known paintings from that year:



 Giuseppe Verdi's opera Aida had its première.

[DabbingSanta]

It did.

Remember this number: 29568. It is not a zip code or the number of a street address. It is not a special point on your odometer. It is for many of us the highest value that the Dow is likely to be in many of our lifetimes. It took 25 years for the Dow to reach the 1929 peak again.

In just over five months, we have reached 28492 points at close.  I think it is safe to say the economy under a Trump presidency is nothing short of historic: resilient in times of trouble, always rallying, and shockingly overbearing.

[Pessimistic Antineutrino]

It did.

Remember this number: 29568. It is not a zip code or the number of a street address. It is not a special point on your odometer. It is for many of us the highest value that the Dow is likely to be in many of our lifetimes. It took 25 years for the Dow to reach the 1929 peak again.

In just over five months, we have reached 28492 points at close.  I think it is safe to say the economy under a Trump presidency is nothing short of historic: resilient in times of trouble, always rallying, and shockingly overbearing.

Money printer go brrrrr

[𝕭𝖆𝖕𝖙𝖎𝖘𝖙𝖆 𝕸𝖎𝖓𝖔𝖑𝖆]

I would not be completely shocked if the Dow Jones Industrial Average reached six figures during my lifetime (I was born in 2001 for the record).

[Hope For A New Era]

In just over five months, we have reached 28492 points at close.  I think it is safe to say the economy under a Trump presidency is nothing short of historic: resilient in times of trouble, always rallying, and shockingly overbearing.

Well, yes. He's the most "for the 1%" president we've ever had. It's no surprise that corporate profits are higher than ever.

[Indy Texas]

https://twitter.com/josh_wingrove/status/1299494292776521729?s=20

When will Republicans ever learn that half of Americans don't even own stonks?