from King World News
On
the heels of continued momentum in most global stock markets, today top
Citi analyst Tom Fitzpatrick sent King World News two incredibly
important charts and answers the question, will we see 20,000 on the Dow
in the next 12 months? Below are the 2 key charts and commentary that
all KWN readers around the world need to see.
Here is what Fitzpatrick had to say along with his 3 key charts: The DJIA posted a bullish outside month in April. This is only the 3rd time that has happened since the 2009 lows (July 2009 and October 2011 being the other two). The S&P barely missed a 4th bullish month since the 2009 lows (Needed to close above 1883.97 and actually closed at 1,883.95) and the 2nd this year (February being a bullish outside month in the S&P).
Continue Reading at KingWorldNews.com…
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On
the heels of continued momentum in most global stock markets, today top
Citi analyst Tom Fitzpatrick sent King World News two incredibly
important charts and answers the question, will we see 20,000 on the Dow
in the next 12 months? Below are the 2 key charts and commentary that
all KWN readers around the world need to see.Here is what Fitzpatrick had to say along with his 3 key charts: The DJIA posted a bullish outside month in April. This is only the 3rd time that has happened since the 2009 lows (July 2009 and October 2011 being the other two). The S&P barely missed a 4th bullish month since the 2009 lows (Needed to close above 1883.97 and actually closed at 1,883.95) and the 2nd this year (February being a bullish outside month in the S&P).
Continue Reading at KingWorldNews.com…
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