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Wednesday, December 06, 2017 8:00:48 AM
iF you expand the chart to earlier (JAN-2-16), here is where it stood:
DOW 16,093
NAS 4,591
S&P 1,906
IDCC 42.94
On Nov-08-2016 the market sat as follows:
DOW 18,867
NAS 5,321
S&P 2,181
IDCC 77.55
Today, DEC 5, 2017 the following IS WHERE the market stands:
DOW 24,131
NAS 6,241
S&P 2,624
IDCC 76.30
SO, when asked when did the run-up begin, the biggest move was from 11-8-16 thru current date, with a 5,200 point move in the DOW, or a 28% gain.
IDCC other than a couple of peak points, is currently below the big move.
Someone commented it was the tax issue that moved the market. I would tend to say it was more like TRUMP winning the election and his efforts to move the economy and the big incentive right now is taxes.
JMO
We all have a right to post our opinions, whether you agree with them or not.
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