Tag Archives: DJIA

Hey, Dow Industrials. I have other work to do, ya know.

Yet here I am, writing about the DJIA crossing through yet another 1,000 point milestone – 25,000, no less – a mere 23 trading days after the last one and right on the tail of the 5 successive 1000 point marks achieved last year. With the 152.45 points (0.61%) gained during today’s session, the Dow Read more […]

The Top 10 Dow Jones Industrial Average Factoids – 2017 in Review

OK, that might be hyperbole.  This may not be the Top 10.  Let’s just say it’s a Top 10.  Regardless, it’s hard to deny that 2017 was a standout year for US equity markets.  To wit: At the Close – despite losing 118+ points during the final trading session, the DJIA ends the year at Read more […]

The DJIA Crosses 24k

Wow. It may not be experiencing quite the same year-to-date appreciation as bitcoin – nor its volatility, mind you – but by all accounts the Dow Jones Industrial Average has had a remarkable run in 2017.  And, powered Thursday by a gain of 331.67 points (+1.39%), it topped 24,000 for the first time in history. Read more […]

The Dow Crosses 23,000

Today, the Dow Jones Industrial Average closed above 23,000 for the first time – offered here are a few factoids associated with that milestone: A Record – there have been four (4) 1000 point thresholds crossed in 2017, the most of any year since the DJIA’s inception in 1896. Less Impact Per Milestone – of Read more […]

The First 100 Days

In 100 days one can: Sequentially boil 48,000 three minute eggs Enjoy nearly 1,372 viewings of The Usual Suspects (a tally I’ll admit to being embarrassingly close to achieving) Assemble evidence to render an arbitrary judgment on the accomplishments of a newly-elected US President Tomorrow marks the end of Donald Trump’s first 100 days in Read more […]

How Now The Dow? A Q1 Retrospective.

With March in our rear view mirror, let’s take a quick look at some highlights from the Dow Jones Industrial Average’s performance during the first quarter of 2017: In Short – The Dow Jones Industrial Average ended the first quarter of 2017 at 20,663.22 – up 900+ points for a 4.56% YTD return. Biggest Themes Read more […]

Index Basics: Calculating an Index’s Total Return

Total return indices deserve more attention.  They more closely represent what an investor actually takes home: the return of an index, plus dividends paid and reinvested in the index.  Their better-known counterparts, which only track price changes in securities—often called “price return indices”1—get all the fanfare (see “Dow Hits 20,000 for the First Time”).  Total Read more […]

The Dow Quickly Takes a Long Time to Hit 20,000

Walt Whitman said in Song of Myself “Do I contradict myself? Very well, then I contradict myself, I am large, I contain multitudes.”  Well, as does The Dow Jones Industrial Average – so I’ll present two contradictory data points from today’s record close. First, the move from 19,000 to 20,000 was quick, happening in just Read more […]

Minimizing the Pain of Regret

There are many extraordinarily talented minds engineering optimal portfolios, objectives of which include maximizing return per unit of risk, among others.  The capital asset pricing model (CAPM) posited the market portfolio as optimal in the mean/variance sense, but over the years, this notion has been questioned.  CAPM, like the efficient markets hypothesis (EMH), will likely Read more […]

The Red Zone

In grid-iron football, The Red Zone refers to the area between the 25 yard line and the goal line, the last remaining ground the offense must battle through in order to score a touchdown.  This is a somewhat apt metaphor for what we’re currently witnessing with the Dow Jones Industrial Average. Unless you’ve been living Read more […]