Do you even remember Dow 24,000?

October 15, 2018 | Jeremy Goldfarb


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It wasn't that long ago you know. We were talking about the benchmark industrial index topping this number back in November 2017 (the index crossed the 24K threshold on Nov 30 2017 to be exact). The recent corrective behavior has seen the index drop to 25,300 as of writing. That's right....I said drop.......

 

Last week's selloff will likely continue in earnest this week as the market looks for a reason to bottom. There are some catalysts in the short term (to level things off), but I continue to preach patience.

 

Click here to see the report to help form your own opinions as to where things stand.

 

Jeremy