Tuesday, January 16, 2018

Dow Opens Above 26,000 After Fastest 1000-Point Surge In History

Well that escalated quickly...





Having surpassed 25,000 at the open on January 4th (surging from 24k to 25k in a record 23 days), The Dow Jones Industrial Average has opened today above 26,000...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10002_0-16ff5641b7e9ed3e8559077d5d6f26cb78ef2347.png



 



Crossing that 1000-point gap in a record-smashing 7 trading sessions...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10004-12116a83539240111ae08203a0a479415215b408.png



 



And more accurately, this is the most-aggressive rise in The Dow ever... triple the pace of the 24k to 25k advance



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10006-ea2c642e102d5f30d7d5ec8ec9cd2afd75459e0f.png



Hat-makers cannot keep up...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10005-3612192c019ad73d0b2a0be16c39e834fb611fa4.png



Interestingly, as US equities are opening notably higher after their day off, VIX is also significantly higher...



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10001_0-503546cc3dc38e0c033069af06a5103d795c76a1.png



Additionally, bonds are bid alongside stocks...



 



http://www.thefringenews.com/wp-content/uploads/2018/01/www.zerohedge.com20180116_10003-b225a8404b33836ff342edfcdffe8f8cd34f0cd1-1.png



The S&P is now less than 50 points away from Goldman"s year end target of 2850.. at this rate it will hit that by week-end.



 

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