DOW 20k

[Jersey mike]

It seems as though the market is in for a big milestone probably tomorrow unless some investors take a little off the top.

The market has been on a roll the last couple months, the election result hasn't proven to be anything negative and we are just over a month until the inauguration.

Wil 20k be the new base to build on or are we going to see another pull back...market correction?

I'm not a market guru but I don't see where the market can sustain the numbers it's putting up, nothing really seems to have changed but I will say consumer confidence seems to be up this season.

[sandy]

Lets hope the feds don't raise the prime.

[Serk]

Lets hope the feds don't raise the prime.

Almost guaranteed it'll go up 1/4 point tomorrow (12/14)...

The question isn't IF they'll raise it, the question is how much and how fast...

[Serk]

Lets hope the feds don't raise the prime.

Almost guaranteed it'll go up 1/4 point tomorrow (12/14)...

The question isn't IF they'll raise it, the question is how much and how fast...

Called it.

http://www.foxbusiness.com/markets/2016/12/14/fed-raises-rates-sees-faster-pace-increases-in-2017.html

[Jersey mike]

Lets hope the feds don't raise the prime.

Almost guaranteed it'll go up 1/4 point tomorrow (12/14)...

The question isn't IF they'll raise it, the question is how much and how fast...

Called it.

http://www.foxbusiness.com/markets/2016/12/14/fed-raises-rates-sees-faster-pace-increases-in-2017.html

It was a good call but I'm hoping there are more to come. I'd like to see banks offering a decent interest rate on savings accounts again. It's tough to know everything is tied up in the market and not not have a little bread in the bank and not getting a little butter on top.

I saw there was a pull back today, a little profit taking. Still makes me wonder if 20k is the right number for the DOW.