You’d never know from the scant movement of this morning’s U.S. stock-index futures that the Dow Jones Industrial Average (DJIA) closed above 16,000 for the first time yesterday to set an all-time high. But as equities remain little changed from the previous session, the futures markets may be acting with disdain towards this new high. Indeed, the S&P 500 Index futures contracts expiring in December have lost 0.1 percent through Thursday and are expected to end the week down for the first time since the week of Oct. 4. Could it be that investors are frightened of new highs, which were last seen just before the meltdown of 2008? Not according to hedge-fund manager David Tepper of Appaloosa Management LP, who bluntly stated, “I know there’s talk about bubbles, this is not one.” With that kind of surety, what could go wrong for investors?
Futures Shrug after Dow Jones Average Hits All-Time High
Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns
This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.
Get Access to the Report, 100% FREE
The Dow Jones Industrial Average closed above 16,000 for the first time and the Standard & Poor’s 500 Index recovered from its first three-day slump since September in today's trading.
PREMIUM SERVICES FOR INVESTORS
Dr. Mark Skousen
Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.
- Forecasts & Strategies
- Home Run Trader
- Fast Money Alert
- Five Star Trader
- TNT Trader
A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.
- Cash Machine
- Premium Income (exclusively for subscribers of Cash Machine)
- Quick Income Trader
- Breakout Profits Alert
- Hi-Tech Trader
Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:
- Successful Investing
- Intelligence Report
- Bullseye Stock Trader
Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.
- Retirement Watch
- Retirement Watch Spotlight Series
- Lifetime Retirement Protection Program
Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:
- Investment House Daily
- Technical Traders Alert
- Success Trading Group
Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.
Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.
- Dividend Investor