Tag Archives: Dow 20k
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…
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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…
- Categories Equities, S&P 500 & DJIA
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Dow Jones Industrial Average® 2016 Year in Review
The Dow Jones Industrial Average ended 2016 at 19,762.60 – up 2.337.57 points for a 13.42% annual return, the best year since 2013 when the market surged over 26%. Biggest Themes – markets were driven by the crash (and partial recovery) in oil prices, Fed-watching, China, Brexit and questions regarding the US economy. Oh yeah,…
- Categories Equities, S&P 500 & DJIA
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