Collin Prince CFP®, RRC® on LinkedIn: Though anchored in the past, the Dow Jones Industrial Average captures… (2024)

According to Bespoke, April has been the strongest month of the year for the Dow Jones Industrial Average, with the index averaging a gain of 2.2% during the month over the last 50 years. That’s much stronger than the Dow’s average gain of 0.73% for any month over the last 50 years. #perspective

On this day in 1982, the Dow Jones Industrial Average closed the week by rising 3.66%. This week would be viewed by many as the beginning of one of the longest and strongest bull markets in history.

On this day in 1929 the Dow Jones dropped -12.82% The day after the Dow dropped -11%By November the index had lost half of its value#US #market #history

Today's Tip: Be wary of headlines quoted in points. It’s common for the financial media to quote changes to market indices – specifically the Dow Jones Industrial Average – in terms of points. Why?🧐 Because a large point change sounds scary. Be sure to pay close attention to what that point change REALLY means. In reality, a 340-point change in the Dow only equals about +/- 1% change based on current levels of around 34,000 (as of September 2021). When the Dow was at 10,000, a 1% move is only 100 points. 📌It’s all relative, and important to view numbers IN CONTEXT.

Look under the hood of the #Sustainability-focused version of the S&P 500 and discover how index design influences diversification and performance with 👉 https://lnkd.in/ez8YaAUN

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The Dow Jones Industrials has been on quite a run these past few years as wave (5) of [3] got in high gear from the 2008 low. This EW-Count suggests that we are now witnessing a historical moment in the culmination of wave [3] in this generational bull market.

Look under the hood of the #Sustainability-focused version of the S&P 500 and discover how index design influences diversification and performance with 👉 https://lnkd.in/eK_s_9NK

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Contracts linked to the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 indicate a flattish open. Market participants are in wait-and-see mode in front of the April Producer Price Index at 8:30 ET. Read more in the Morning Brew.

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Contracts linked to the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 indicate a flattish open. Market participants are in wait-and-see mode in front of the April Producer Price Index at 8:30 ET. Read more in the Morning Brew.

Contracts linked to the S&P 500, Dow Jones Industrial Average, and Nasdaq 100 indicate a flattish open. Market participants are in wait-and-see mode in front of the April Producer Price Index at 8:30 ET. Read more in the Morning Brew.