Monday, April 3, 2017

When will the DJIA bubble burst? Dow Jones or Down Jones?

If you haven't been paying attention to the stock market lately (past few years) or never checked it let me assure everything is was peachy. DJIA (Dow Jones Industrial Average) went on steroids after Trump's winning the elections and it's at historical heights. Actually it passed the 20.000 points level, a fact considered impossible only a few decades ago.

But what goes up must come down no? And the current environment starts to look awfully close as 2007.  Stocks goes up and up, everyone knows the best tip and your doorman even shares it with you. Everybody is happily buying to get those huge profit margins like the guys who cashed last year. However those guys aren't buying anymore.

The Trump victory really encouraged the last spark of the markets so the fall is now only a matter of time. Make sure it doesn't catch you with your pants down.

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