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Re: None

Wednesday, 12/06/2017 8:00:48 AM

Wednesday, December 06, 2017 8:00:48 AM

Post# of 432729
Stock market runup.

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







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