The Dow Jones Industrial Average /ˌdaʊ ˈdʒoʊnz/ , also called DJIA, the Industrial Average, the Dow Jones, the Dow Jones Industrial, DJI, the Dow 30, or simply the Dow, is a stock market index , and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow The industrial average was first calculated on May 26, 1896. Seized by fears that the Chinese economy is not as healthy as it appeared to be, investors sold with abandon at the opening bell and sent the Dow Jones industrial average down almost 1,100 points , the biggest decline on record in a trading day. The Dow entered what is known as a market correction — a 10 percent decline from its all-time high, reached in May.
DJTA is knows as (Dow Jones Transportation Avg) : This is considered as the oldest stock index of USA. This is the successor to the first U.S. stock index, which assembled in 1884 by (Charles Dow) and comprised two non-rails and nine railroads. The Dow and along with the Dow Jones Transportation Avg and the Dow Jones Utility Avg were the world’s first market indicators. Together, they make up the Dow Jones Composite Average-a bluechip” microcosm of the U.S. stock market. As long as our trend indicator is bullish, we do not care about the so-called bearish pattern this chart is generating.
This method was created by S&P Dow Jones Indices to achieve the forementioned objective of measuring the underlying interest of each index governed by this method document. Dow futures were up 69 points ahead of opening bell this morning as investors keep an eye on manufacturing data and statements by key members of the U.S. Federal Reserve. The Stock Market Today : On Friday, St. Louis Federal Reserve Bank President James Bullard and New York Fed President William Dudley will give speeches on the economy and monetary policy just hours before the Kansas City Fed Manufacturing Index.
We have opted to use the information in the above chart in a different manner; every large deviation from the mean is a buying opportunity; illustrated by the blue boxes. With the exception of a few, the above takes a lot of hard work and long hours of study and prepares to attain the higher goal. After many years of working ( maybe 10,12,14 or more hours a day) reaches the wealthy state.
The FACTS I pointed at show that if you were born with it you keep it and pay a lower tax rate then the stiff working 12 hours a day who has NO chance of breaking into the top 1%. It’s largely up to the private sector to relace the jobs lost by the Republican Recession of 2008. The Wealthy Elite can perpetuate this poor vs rich reality by manipulating the Money Supply. Just today the Dow Jones Average went over 11,000 based on the perception that the European Bailout of Greece will stabilize the Euro. The Dow Jones Industrial Average today (Friday) dipped 92 points as traders reacted to mixed earnings reports.