US Stock Market's Bullish Run Continues
The Dow Jones Industrial Average, continues to rally.
US interest rates are low and corporate profits are up. This environment is usually good for the stock market and this time is no different. This daily chart of the US30, which is the Dow Jones Industrial Average, shows a strong uptrend that shows no sign of slowing. Yahoo News On Tuesday February 8, 2011, 8:39 am EST
Well, seems as if USA is open for business once again. Somehow, the so-called socialist, President Barack Obama - as the GOP would have us believe - has helped Wall Street get its groove back.
Now, just after Obama met with the Business Chamber of Commerce last week, urging them to be corporate patriots (and start rehiring), we on Main Street are still waiting for the trickle down.
Granted, the job's indicator is a lagging indicator. But we still would like big business, especially after their life saving bail out, to put that two trillion dollar wind-fall back into the economy and pay the American people dividends.
Tick-tick...the clock is running!
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