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1.25.2017 Bookmark

1.25.2017

Good morning all, is today the day?   After a month of trading sideways, they decided on some random Tuesday (yesterday) that is was finally time to go back and attack DOW 20K.  Why yesterday? You can all come up with your own ideas, but the bottom line is that there wasn't really any catalyst. Earnings are still coming out as normal, meaning that if they used GAAP accounting they missed the estimates, but if they report "non GAAP" they're all basically beating estimates. Then of course we have more companies announcing they're going to take on debt and buy up more stock.  So nothing's changed there. 

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