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The Dow is currently less than 1% from another milestone, which is the 18,000 level.
The above table looks at how many days it took the Dow to reach each 1,000 level and the annualized return during each time period.
As you can see the Dow could reach the 18,000 level any day now and it has taken just over 100 days to do so, with an annualized gain of around 14% during this move. Could the breakout of the mega phone pattern be part of the influence thia is pushing to the next 1,000 level in pretty short order?
Our indicators (Shoe Box, High Yields, Advance Decline & Staples/Discretionary ratio) have helped Slow Money investors remain long since 2013.
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