The us stock market today hit an all time stock market high and news and media were going nuts!
I guess right now would be a good time to tell our reading NOT TO FALL IN LOVE WITH THE DOWNSIDE YET. Plenty more upside could be on the way soon! Time will tell.
Have a look at the dow jones stock market today below, it hit an all time stock market high and got investors very excited. But what does this really mean?
|us stock market today - all time stock market high|
Even though the us stock market today hit all time stock market high today, it seems to be "steady as she goes" for the economy, but as you can see above even though the us stock market today hit all time stock market high today, its causing many people to party hard, but should they really be doing this?
The Dow Jones industrials hit all time stock market highs today, record highs not seen since before the 2008 financial crisis and it seems more and more investors are willing to take a punt on the stock market!
So is now the time to venture back into the water or are traders turning a blind eye to what is happening out there in the real world and the the current global economic problems we are facing in next 24 months.
Ben Bernanke was recently quoted as saying they will not CHANGE or MODIFY the current quantitative easing anytime soon, and should not expect maximum liquidity conditions to change as well and that is adding to the optimism of most analysts.
As you can see this pumping of money is keeping the markets afloat. With the us market today and all time stock market high 's seen, it is solidifying the chart below telling us we are still in a BULL MARKET, which started back in January 2012.
|bull market showing|
But on the downside, remember even in bull markets nothing goes up in a straight line, and that is a key point to remember. Also on the downside one must remember that there is a good chance of a correction soon, as many companies right now are way above their intrinsic values.
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