Here’s what ended the Dow’s flirtation with 20,000

News Article | January 18, 2017 | By Sierra Investment Management

USA Today (January 18, 2017): This is not a kiss and tell story: The fact is the on-again, off-again romance between the Dow and the 20,000 milestone is officially on hold.

The Dow Jones industrial average’s flirtation with 20,000 has cooled since Jan. 6 when the stock index faced a football-style fourth-and-inches market moment but was stopped 0.37 points short of its history-making milestone.

What postponed the Dow 20,000 party? Sierra Chief Investment Officer, Terri Spath says The sugar high is wearing off.”

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Sierra Investment Management