Dow Hits 28000 - a podcast by WHRO Public Media

The Dow hit twenty eight thousand last Friday and the stock that has contributed the most to the run-up since last July is Apple. Just FYI, I sold my stake in Apple and missed most of this run-up. Apple has contributed forty-two percent of the last one thousand points. The increase is due to the strong sales of the iPhone Eleven and robust sales of Apple services. JP Morgan and United Technologies are up more than thirteen percent in the same period. At least I have some JP Morgan. Even Boeing is up, though only three point six percent.
The American consumer is fueling a strong economy, with retail sales revised up in October. Barring trade war disaster, this market could continue to grow.

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