It may be truer now than ever. Casting a dubious eye on what has amounted to a spectacular rise for equity markets since Donald Trump became president-elect in November is proving a costly enterprise. Underscoring that point, four closely watched gauges of the health of the market registered fresh records Thursda y following a breakout rally Wednesday.

Consequently, that is about the size of the losses bond investors, like those in U.

The Dow Jones Transportation Average DJT, From a technical standpoint, higher highs for areas of the market like transports, which are viewed as a measure of the health of the economy, are considered a bullish sign, according to those investors who adhere to Dow Theory. But even more remarkable, the Dow is lunging toward cracking 20, a psychologically significant level, after breaching the 19, level just two weeks ago.

Gauged from its closing low of 15, The Russell RUT, He said that even if the market does see a pullback there are many bets in place that the market marches higher.

Meetings of the European Central Bank on Thursday and of the Federal Reserve Dec. But the main driver right now appears to be Trump and policies that Wall Streets is widely reading as pro-business. Some strategists are still waiting for tech to join the party.

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Still, the tech-heavy gauge ended at 5, Mark DeCambre is MarketWatch's markets editor. He is based in New York. Follow him on Twitter mdecambre.

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Real-time last sale data for U. Intraday data delayed at least 15 minutes or per exchange requirements. ET Nasdaq Composite up 0. Dow industrials rise 13 points to 21, Breaking Stocks open slightly higher as oil steadies. Updated These stocks may be ready to pick up the bullish baton from techs. Ebay launches price matching program.

Trump has unleashed the stock market’s ‘animal spirits’ - MarketWatch

Etsy's stock rallies 0. Etsy job cuts price outside bollinger bands in addition to layoffs announced in May. Nationstar to move call center operations back to U. Updated Gold prices rise from 5-week lows as dollar eases.

Closing milestones of the Dow Jones Industrial Average - Wikipedia

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