Since 2019 Quarter 2, the US stock market is keeping a bullish market for almost 10 years based on the following reasons:-
First, it started 3 rounds of quantitative easy-ing since 2009.
Second, some of the Dow Jones composition companies buy back their shares led to the number of shares circulation in the stock market decrease.
Third, US President Donald Trump reduced the corporate profit tax.
The US Federal Reserve reduced 3 times of the discount rate in 2019 from range of 2.25%~2.5% to 1.5%~1.75%.
The Dow Jones Index closed 27462 and raised 114 points at 4 Nov 2019 reflects US President Donald Trump need to success in 2020 election and try to maintain the prosperity of USA economy.