Why did the Dow Jones do so good today?

Andrewt84

Junior member
24 1
Hi

I am a newbie, from a Fundamental Analysis and Technical Analysis please can you explain why the Dow Jones did good today ( 06/11/13) I thought because all the stocks in the index did good am I wrong?

Thank you
Andrew
 

new_trader

Legendary member
6,665 1,489
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Purple Brain

Experienced member
1,613 179
Hi

I am a newbie, from a Fundamental Analysis and Technical Analysis please can you explain why the Dow Jones did good today ( 06/11/13) I thought because all the stocks in the index did good am I wrong?

Thank you
Andrew

Growth is stalling as is employment. The NFP tomorrow is expected to be lower than current official estimates. All of which means the Fed will continue to inject paper into the system which is good news for everyone and makes people want to buy things with all that extra money and when you really can't manage another Big Mac, well, why not buy some stocks - they're bound to go up.
 
 
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