DJIA
Global X Dow 30 Covered Call ETF
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Why are companies like 3M, Dow, and Honeywell still included in the DJIA?
Wall Street Week Ahead for the trading week beginning December 18th, 2023
Wall Street Week Ahead for the trading week beginning December 18th, 2023
DJIA Break out ... Gold Break out. 1st Dec 2023
Discussion: The DJIA is outdated measure of the Economy
METlife has a lot of room to grow
How's DJIA, SPX and Nasdaq looking today?
Largest single day drops DJIA - why Mondays?
Tracking what stocks are driving the daily change in an index
Tracking what stocks are driving the daily change in an index
August spooks many stock investors but it’s actually one of the Dow’s best months
I like charts. DJIA is at a point. Will it bounce off the bottom line of the trend or go though it and test new lows?
Wall Street Week Ahead for the trading week beginning August 14th, 2023
Wall Street Week Ahead for the trading week beginning July 17th, 2023
Wall Street Week Ahead for the trading week beginning July 3rd, 2023
Dow Jones today: Markets sputter to start a shortened week.
Wall Street Week Ahead for the trading week beginning June 12th, 2023
Who’s gonna tell him most of these aren’t in the DJIA?
Is tracking the DJIA now more relevant now than any point since 2008?
Block Inc. stock outperforms competitors on strong trading day
Wall Street Week Ahead for the trading week beginning May 22nd, 2023
Wall Street Week Ahead for the trading week beginning May 15th, 2023
Hollywood strike tomorrow is predicting a U.S. market crash the last 8/9 times.
$SWK Stanley Black and Decker DD - Counter Cyclical Tools
Wall Street Week Ahead for the trading week beginning May 1st, 2023
WGA Strike May 1st coincides with almost every major U.S. market crash soon after since 1973
Wall Street Week Ahead for the trading week beginning April 10th, 2023
Wall Street Week Ahead for the trading week beginning April 10th, 2023
After a lot of deep and sophisticated research I think I have come to understand the market.
Wall Street Week Ahead for the trading week beginning March 6th, 2023
Wall Street Week Ahead for the trading week beginning February 27th, 2023
Wall Street Week Ahead for the trading week beginning February 20th, 2023
Wall Street Week Ahead for the trading week beginning February 20th, 2023
Wall Street Week Ahead for the trading week beginning February 13th, 2023
Wall Street Week Ahead for the trading week beginning February 13th, 2023
ELI5: Why look at DJIA, S&P500, NASDAQ and not total market indices?
Bitcoin Holds Steady Near $23K as Investors Weigh Their Next Steps
Wall Street Week Ahead for the trading week beginning February 6th, 2023
Wall Street Week Ahead for the trading week beginning February 6th, 2023
Wall Street Week Ahead for the trading week beginning January 30th, 2023
ChatGPT is Indeed the "Iphone Moment for AI" - Some Thoughts on Microsoft, Alphabet and AI.
What This Industrial Company’s Earnings Say About the State of the Economy
Wall Street Week Ahead for the trading week beginning January 9th, 2023
Wall Street Week Ahead for the trading week beginning January 9th, 2023
If 100% of your portfolio is allocated in US Indices (^DJIA, ^S&P500, ^NASDAQ), wouldn't that violate the "Don't Put All Your Eggs in 1 Basket" rule assuming that there is a probability (though unlikely) that the United State's economy may collapse?
November jobs report is most important data for inflation this year- and not in a good way
November jobs report is most important data for inflation this year- and not in a good way
FEW MILLION DOLLAR SHORT POSITION ON MARGIN. UPDATED POSITIONING.
Comparing My Portfolio Performance to Market Indices (For Better or Worse)
Looking back at today's market day, what kind of start will tomorrow be?
The stock market seems to have beaten our expectations today. how long will it last?
Elections and the market: Will we follow the trend ? If so, the party is over for short positions
stock and etf volatility meaning as it impacts the outcome of some key funds
Chevron, Exxon up in premarket as energy sector earnings reports start to roll in, adding to industrial growth story
Stock market sell-off may mean another 20% drop for S&P500, says Interactive Brokers' Thomas Peterffy
Dow 30k, Nasdaq 10k and 10YR 4% are technical speed bumps on a long road down.
I'm calling the bottom here, market is oversold, and going higher
October is frequently a "bear-market killer," known for its historically high returns, especially in years with midterm elections.
October is frequently a "bear-market killer," known for its historically high returns, especially in years with midterm elections.
Is it a BULL MARKET or BEAR MARKET? Lines in the Sand, 09/29/2022
Is it a BULL MARKET or BEAR MARKET? Lines in the Sand, 09/29/2022
Don’t look for a stock market bottom until a soaring dollar cools down. Here’s why.
Wall Street Week Ahead for the trading week beginning September 19th, 2022
Wall Street Week Ahead for the trading week beginning September 19th, 2022
Wall Street Week Ahead for the trading week beginning September 12th, 2022
Wall Street Week Ahead for the trading week beginning September 12th, 2022
T-Bills at 3% on Vanguard. The current market earnings situation.
CALLING ALL APES: Are You Going to Let the BBBY Chart Look The Same as $BB & $DJIA
Jim Cramer says "Historic charts suggest the stock market could have a solid finish to the year," citing the Dow’s (DJIA) 2022 action alongside its 1962 trajectory. Do you agree with Cramer?
U.S. stock futures sink following Friday’s Wall Street rout
Wall Street Week Ahead for the trading week beginning August 22nd, 2022
Wall Street Week Ahead for the trading week beginning August 22nd, 2022
I have a large realized capital gain this year. Is there anything I can do before December to offset this gain?
Greetings Apes! I'm new to this subreddit and I'm looking for investment advice. What are your thoughts on $CUM?
U.S. factories grow at slowest pace in two years, ISM finds. New orders fall again in bad omen
What criteria are used for the companies that make up the DJIA?
Wall Street Week Ahead for the trading week beginning July 25th, 2022
Wall Street Week Ahead for the trading week beginning July 25th, 2022
Shorts covering night. <DJIA - 32K> >>INCOMING<<
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
Wall Street Week Ahead for the trading week beginning July 11th, 2022
Wall Street Week Ahead for the trading week beginning July 11th, 2022
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
The US adds 372,000 jobs in June, and a robust labor market is considered as a safeguard against a recession.
Amazon - A High Quality Company with Trillion Dollar AWS and Amazon Prime Day
Amazon - Reliable, Big Tech, Selling on Discount, Prime Day, and a Handsome Return on Your Capital
Wall Street Week Ahead for the trading week beginning June 27th, 2022
Wall Street Week Ahead for the trading week beginning June 27th, 2022
Mentions
I use a combination. So while I know I should have a bigger retirement savings. I am ok for a month or so, but I use FEPI which is in the Fang index and a combination of other high yield funds YMAG, QQQI, SPYI, DJIA, RYLG and some other ones for international, O&G pipelines, Defense, and REIT. But I prefer to have the dividends just deposit in my Robinhood account so I can gain interest on the balance and then when dips occur I load up on what ever I feel is appropriate. Then as a benefit the dividends paid also can be used in an emergency like now at the moment where my wife is out of work and unemployment is being difficult. So I can tap into the dividends paid when needed, gain interest on cash payments from said dividends when I don’t feel like it is quite right to buy, then load up in volume on dips. It has really helped keep my cost basis and overall return really in check and solid even on some riskier high yield plays. My plan is to then never sell any of the stocks and live fully off the dividends in a few years once I stabilize the holdings a bit for risk. But why like this is I invested heavily in FEPI, and YMAG first which has the highest payout and they basically keep my portfolio growing and expanding with out a ton of extra investment from my normal living expenses. I mean do your research and see what works for you. I know I eat a bit due to races from this strategy but I am ok with it and have a month of dividends each year pay that bill. But so far it has worked well to provide emergency funds and also be building to my retirement.
Yeah. It’s a bubble… AND??? Outside chance at Nasdaq 30,000 and DJIA 50,00 before the next correction. Support level would then be the mid-May high in the DJIA around 43,000.
DJIA is nearly 5X what it was in 2010 and people wonder how stocks keeping going up
DJIA is price weighted. Equal weight is equally weighted.
Is everyone really leaving the S&P and pivoting to DJIA?
Calls until DJIA 50,000 then… puts?
1. 10/29/25, Wednesday: modest downward open scenario: * S&P 500 down ~-0.5% * DJIA down ~-0.3% * Nasdaq 100 down ~-0.8%
10/29/25, Wednesday: 80% probability: modest downward open scenario: * S&P 500 down -0.5% * DJIA down -0.3% * Nasdaq 100 down -0.8%
someone has plugged the plug on SPY, DJIA. My bet is one major company is probably missing this afternoon.
Changing sector weights to underweight sectors you think are more volatile probably won't be as helpful as you think. XLK (S&P 500 Technology) and XLC (S&P 500 Communications) have better 3 year alpha and Sharpe ratio than all the other S&P 500 sectors even though tech and communications are supposed to be riskier. XLP (S&P 500 Consumer Staples/Defensive) has worse returns and risk adjusted returns than IUSB (total USD bond market) over the past 3 years. Healthcare is another sector that's supposed to be safer, but the performance has been abysmal this year because of UnitedHealth. You thought DIA would be safer because it's supposed to be more spread across sectors, but UnitedHealth has noticeably dragged it down. DIA's limited holdings make it somewhat riskier than other index funds since it depends more on individual stocks. the DJIA is also weighted by price, which is a pretty nonsensical way to weight an index in the first place. If BRK-A was in DIA, it would be 99% of the portfolio. Ultimately, choosing to overweight a "safer" sector doesn't necessarily mean the value of your investment is safer, especially when adjusted for inflation. This also applies to asset classes, but at least a rate cutting cycle is beneficial for bond prices. Even foreign bonds are somewhat affected by rates in the US because foreign bonds are compared with US bonds. I used 3 year measurements because that's what my brokerage's app shows. Over the past 5 years, XLP has clearly outperformed IUSB.
The DJIA is not the 30 largest companies. It’s 30 companies that are arbitrarily selected by a committee. And it’s price-weighted, so it’s not that useful. Goldman Sachs is the single largest component of the index and it’s not even one of the top 30 US companies by market cap.
Based on research I did years ago on stock market returns, I came to the conclusion that it is better to spread your risk over more stocks, and my favorite was always the S&P 500 index. Those are the 500 largest stocks, out of 4 - 5,000 stocks in the US. Some people like the Dow Jones Industrials, which is just the top 30 stocks, but even those have risks. Companies like General Electric and General Motors and Citigroup had financial problems and had to be removed from the DJIA. So to conclude, investing only in the top 10 is no guarantee of future returns at all.
Black Monday [https://corporatefinanceinstitute.com/resources/equities/black-monday/](https://corporatefinanceinstitute.com/resources/equities/black-monday/) *"On Monday morning, the crash started in Hong Kong. The crash continued throughout all of Asia and all during the Asian trading session, ... By the time the U.S. stock markets opened, stocks were virtually in freefall. By the end of the day, the DJIA had dropped by more than 500 points and the S&P 500 by more than 55 points."* (biggest drop ever) Nobody ever talked about stocks back then. That day that's all everybody talked about everywhere. It was like the world was going to end. I was a kid. I knew what to do. The problem was I couldn't open a brokerage account. I got started about month later.
I mean you really don't have to be a genius. That's what I don't get. I guess you could look at it this way: There's no magic in an index. It's not like the people picking stocks for the index are these wizards crouched around a crystal ball. Just look at the top holdings of your favourite indexes and copy them if you're that determined to not think. The problem is decades of sales pitches from mutual funds and constant propaganda on CNBC, along with a few ridiculously stupid books (a random walk down wall street being the worst culprit) have all convinced people that the market is magic and trying to beat it is hopeless. Well, the reason these indexes (S&P 500, NASDAQ, DJIA) have done so well since the 80s is simply because of the Fed put. Well, that's going away. The US is running out of runway to keep funding the stock market without causing massive inflation. If you're not buying businesses because of their inherent value, at some point here you are going to lose a lot of money. Has happened many times before, it's going to happen again. Until then, buy and hold!
Took Microsoft down to $13 a share from $55 in 2000 and MSFT did not see $55 until 2015 I remember Mark Haines calling it the bottom on CNBC. He was right. I also remember when the DJIA closed at $6900 Obama said “It’s probably a good time to invest in the stock market” but with a mildly, cynical, almost defeated tone. It honestly was something no one had ever seen before. I also remember a CNBC commentator saying “it’s too late to sell” I was buying into that final crash and made some money on the way back up. I had also just completed a $325,000 addition to raise my family of 4 in so unfortunately I only had around $40,000 cash and of course you need that money to live off of and keep as “emergency fund”. If I had some balls I would have taken a $300,000 line of credit on my home or refinanced the loan at 3.5% 30 year fixed and would have dumped it all in the SP 500 because the recovery was solid. We went from 6600 in March 2009 back to 9000 by July 2009. This was an epic bounce and stocks were literally doubling from those March lows. When this kind of bear market happens again, I will get it right this time around!
Assuming you invested in DJIA: The money you invested in March is now up 10% since then. The money you invested 2 weeks ago is barely down 1%. Don't be dramatic.
There is something I do all the time when it comes to index funds that follow the major indexes. I show people a chart of the DJIA's performance since its inception. Zoomed out it's just an arrow going up nonstop. And I say, "Do you think that is an accident? No, our whole economy is designed for this to happen no matter what." If you don't need the money you're investing within the next 5-10 years, just go with a major index fund. Unless you feel confident investing in foreign markets (which has tons of risk), you might as well ride the tail of the dragon and assume that the up arrow will keep going up. Of course almost no one likes what I'm saying. And I see all these 401Ks that are basically static in performance, and I just can't believe it. The short term fluctuations of major indexes spooks people. But trying to play it "safe" in the US is a losing battle, because the designed inflation (which is done to benefit the market) eats you alive. You will lose a ton of wealth trying not to "lose" money.
I started b school in 1999. Watched the DJIA hit 10K and then never hit it again.
I was responding to "No one actually invested in a DJIA index fund". The marketcap is only $50 million so it's not particularly popular but there are people that buy it.
I was responding to the part about no one actually invested in a DJIA index fund as I used to do that about 25 years ago.
No one actually invested in a DJIA index fund you have no idea what you're talking about.
S&P DJIA +12% ytd. Buy the dip, if you have no liquidity you are a bad manager of money.
don't forget to use TOTAL RETURN indices, because neither DJIA nor the SP500 includes reinvested dividends...
Counting the recent Gold run-up, the 30 year returns are now somewhat close between Gold & DJIA & S&P500. After Gold crashed down in 2013 it was cheap compared to the market for a good long while. If you stretch back to the end of Bretton Woods(1971) then Gold almost always beats the DJIA. (It's a little unfair to compare pre-1971 Gold to the market, but if you do then by that standard Gold is extremely cheap). NASDAQ blows everyone's socks off in returns though. If you think of things in turns of Gold vs NASDAQ then Gold is still cheap. I doubt Gold would get anywhere close to catching up to NASDAQ. If it did it would be during a massive -60% market crash and you probably would've be able to liquidate your physical Gold fast enough to swing trade it.
DJIA dropped 22.6% on Black Monday in 1987.
My portfolio is down to levels not seen since…… 3 weeks ago! Look, even when Covid crashed things, the DJIA only went down something like 25%, and it came back to the same level again within 6 months. Corrections work both ways. When people overreact, that also corrects too. If you can’t handle the ups and downs, try index funds.
I tried to backtest similar strategies (based on RSI, 200 SMA, Shotastic and so on) on many assets and nearly all the time it was worse than buy and hold. It happens because you stay uninvested for too long. However, also I tried another approach: took DJIA as an example - including historical compositions and stocks splits as it is price weighted and performed a backtest when one by one stocks are added to a portfolio based on similar signals and this way slowly the index is assembled. Basically based on RSI (as an example) signal you pick the next stock to be used in index assembling. And it worked better than applying the same strategy to the index itself (DIA etf as an example). Likely because you just reduce the time when you are uninvested. But still it is a lot of work and the result is only slightly better.
Quick google, that's trade-weighted, so it seems _far_ more sensible at first glance. Like switching from DJIA to S&P500. So, down 6.35% from the 52-week high rather than the 9.7% of DXY. Certainly seems more reasonable.
Sorry, kinda new here and I think I'm too smooth-brained to get it. You lost 200k, then put in how much more into stocks that appreciated into 200k today? I think the DJIA is up about 60% over the past 5 years.
There will never be a sign that now is the time to invest. I can remember when the DJIA was at 5000 and people said the same thing. Invest half now and then DCA the other half.
And which index matters too. DJIA is only a handful of companies
Back in the 70s, some market prognosticator was touting a "50,000 DJIA and $5000 gold" by the end of the century. He was only about 25 or 30 years off...
DJIA to hit 50k in the next month
The DJIA closed at 28.48 on the first day of trading in 1886. Today it closed at 46,397.89 a record high. I definitely see a trend. 😉
9 out of 167 complete boys (and girls) will get that million on trade 167. Broke even today as I didnt hold long enough. On to tomorrow! Is there anyone from the UK in here who only trades wall street (as in the dow jones/ DJIA)? Would like to connect and possibly share ideas. You bunch of mango ass licking regards.
Because the 'big 7' stocks amount to a substantial amount of DJIA market cap and are all tech stocks. Those stocks are GOOGL, META, AMZN, AAPL, MSFT, NVDA, TSLA. BTW all these companies rely on H-1B visas so watch them crash on Monday. By wednesday, they will rally when Trump does the TACO dance and his friends will all make money by buying the dip. NFA.
Appears the news is out ! You buy the rumor and sell the news ! I bought some (SDS) ultra Dow short mainly to hedge stock positions I do t want to sell right now Tech is holding up well, some stocks within DJIA may sell off a bit
RDDT GOOG ICU and hold. I also have some MSFT AAPL and DJIA
Why fishy? IBM is a DJIA component, and there has been a lot of ups and downs with quantum computing which IBM seems to have a good lead on. It seems like just the overly indulgent news about other large caps like Nvidia, Tesla, Intel, etc.
DJIA 50 years ago included Bethlehem Steel, Woolworth, Sears, and General Motors. Nothing is forever. :)
Not over any meaningful time to matter. SPY in 2008 low 85.49, DJIA 6,547. Every single dip since has been meet by stimulus and the printer, all liquidity crunches back stopped by USG. Literally happened again in 2020s with the bank crisis and they just went yah dont trip dog we will buy our own bonds back.
No losers this year. Last year I decided to build my own etf (picked DJIA and S&P500 companies). Had about 70 positions. Lost in about half gained in the other half. I matched the S&P500 last year. Its why I decided to concentrate my investments.
DJIA is actually down right now. Why? Because GOOG is not in the index. 😂
The DJIA was hovering around 1000 at the time. Choices were made.
You're doing this with the DJIA, which is price weighted instead of market cap weighted like the S&P 500. I'd recommend downloading Robert Shiller's data [https://shillerdata.com] for the S&P 500 and using that. You'll get something like this: https://i.imgur.com/AjXSO7U.png The stock market is stupidly overvalued, and I *do* believe we are rapidly heading towards a correction/crash, but other than the yield curve normalizing there is as yet little proof (at least, sufficient for timing).
Tuesday after Labor Day: DJIA, S&P 500 & R2K down 8 straight. DJIA is weakest, down 38.1% of the time last 21 years with average loss of 0.22%. S&P 500 is similarly weak with average loss of 0.14%
NVDA is: 8% of SPY 10% of QQQ 2% DJIA Valued at the fourth largest GDP nation's GDP
They'll open to support stock prices and slowly federalize more companies, because many Americans understanding of the economy is limited to "DJIA up is good", and Trump has never seen a power grab he doesn't like.
DJIA 50k hates on sale now.
DJIA only looks like it is going to open -150. Seems like the "leveraged" will wait until 3:45 p.m. when it is -700 to liquidate...as usual.
Only answer. If you peruse the history of the DJIA companies, you’ll see that there are no sure things long term.
january 1st DJIA was 42,392 divided by the price of gold that day = 15.88 august 12, DJIA is 44,366.31 / current gold = 13.11
"The Dow Jones Industrial Average (DJIA) has set its all-time record high close of 45,014.04 points on December 4, 2024"
The S&P 500 SPX has risen 25% from those lows, and the Dow Jones Industrial Average DJIA has climbed more than 6,600 points, from 37,646 to 44,263. It doesn't matter what happened after,Im just pointed out we're are the people that was saying the market is burning down and sold?
Lets ignore the fact DJIA was 45k last december and we're only just now reaching that again after the massive dip that happened right when he started implementing tariffs...
The DJIA hasn't been a relevant measure of the stock market for seventy years.
• 2.9% GDP Q2 gain estimated by the Atlanta Fed, up from -0.5 in Q1. • 2.4% Annualized core inflation, down from 3.0 in Q1. • $26 Billion budget surplus in June, up from $127 billion deficit in January. • 5.19% year to date gains for DJIA• 9.43% year to date gains for NASDAQ• • 4.324% 10-Year Treasury, down from 4.808% before Inauguration - Add in 6,070 illegal border entries in June 2025, down from 205,019 for June 2024.
I just came across this post, cracked me up - as of July 31st: S&P is at 6,340 NASDAQ is at 21,100 DJIA is at 44,100
I just came across this post, cracked me up - as of July 31st: S&P is at 6,340 NASDAQ is at 21,100 DJIA is at 44,100
yeah the average daily point gain on DJIA from 2010 through now is like 8 points a day up But it's pretty rare to have such a flat day in reality
Depending on how you torture the data, August sucks for tech stocks ~ but rather avg for DJIA...maybe da bears should look into Beyond Meat...
DJIA is price weighted and only 30 companies. S&P is cap weighted and 500 companies. Most of the highest market cap companies are tech which has been blazing its own trail and pulling the index forward. That's it.
Just ignore the DJIA, it's antiquated, statistically wrong, and makes no sense anymore
The Dow is price weighted, so when a high priced Dow component falls hard it takes the entire index down hard. To a lesser degree it also has to do with the type of stocks and sectors in the Dow relative to the S&P 500 and the Nasdaq 100. When growth stocks (mostly tech) are in favor, the S&P and especially the Nasdaq will outperform the DJIA. Conversely, in a more defensive market environment that is favoring defensive plays and "value" orientation, the Dow will tend to outperform. The DJIA has really become a rather irrelevant indicator of overall market performance.
The Dow Jones is 30 random stocks, many like UNH that are no longer good stocks. Plus, it is price weighted which makes no sense. The DJIA has stopped being relevant as a broad market indicator, and is pretty much a useless index.
The time for margin is when the margin is tanking. If you were involved in the 2008-2009 market, it was pretty obvious that the financial markets were in deep trouble. Banks were failing left and right. The bond market was seizing up. That's a year and a half of drop (DJIA from 14,000+ to 6,500). You don't look for a bottom. if you have any clue what you're doing, you ride it down. And yes, I was net short the market for that time period. The biggest payoff in my 40 years in the market was being short Lehman Brothers for months in size and them going under. This talk of margin at tops and bottoms is the babbling of a noob.
I experienced the 1987 crash, the 2000 dotcom, and the 2008 GFC. I began writing covered calls in the mid 80's. A few years later, I learned that they were equivalent to short puts and switched over to them. Discount brokers were coming on the scene and a 500 share or a 5 contract trade might have cost $25-$35 (it was $100 prior to that). There was no internet trading. If you wanted to transact, you called your broker and waited for him to get to you. If you just wanted a quote and your broker offered the service, you could use a touch tone phone (6 numbers entered for a 3 letter quote). October 16, 1987 was expiration. I did my usual rolling (out a month because weeklies didn't exist) and added a few new short put positions. Everything appeared to be on sale since the DJIA had dropped 500+ pts (18%) from August highs. Three days later (now known as Black Monday), the DJIA dropped 508 pts, another 22%. Many market makers walked away from their posts. B/A spreads on options and equities were several dollars wide. Even if you wanted to trade at those crazy prices, it was nearly impossible to do so because broker phone lines were jammed with panicked callers (no online trading then). Back offices were overwhelmed. One of my brokers took 7 business days to determine whether my 800 share Bear Stearns covered call which had expired in-the-money had been assigned or not. For my short puts (six figure account), I literally owned all of them by Monday's close since all were now ITM. I had a margin call and I ponied up the cash and held on. Fortunately, the market recovered by the end of the year, as did I. Many of my newly acquired stocks went on to do quite well. During the day, I pondered what might happen if the crash continued on Tuesday. Having read stories about bank runs, when the market closed on Monday, I went to the bank and took out $1,000. No bank runs occurred. Yes, the technology and the regulations were far different then than now. So maybe, this is just a dinosaur story :->) 1987 taught me the lesson of how fast a market can take it away from you as well as the need for good risk management. It also taught me to respect margin and the need to have a Plan B for when you re 100% long. By 2000, I had learned how to get out of the way of a bear market. And by 2008, I had learned how to make a sizable amount of money in a bear market with via short selling.
Not as bad as 2008, but plenty painful. S&P 500: Fell about 34% between its all‑time high on February 19, 2020, and its trough around March 23, 2020 Wikipedia +1 Reddit +1 . Dow Jones Industrial Average (DJIA): Dropped roughly 37% from its February peak on February 12, 2020 to its March low
DJIA companies trade based on actual performance, not the smell of performance.
Could also result in a DJIA reshuffle. And then... look out below!
If you had balls, you'd be buying poots on the DJIA
Any of yall ever play the DJIA ETF? Feels like there'll be more movement starting tomorrow with UNH.
Fuck it, I’m going short on SPY. The DJIA is down almost 1%, Europe is down and our regard in chief is still madly in love with tariffs. Either Valhalla or Wendy’s.
Of the 12 industry titans on the original Dow Jones Industrial Average, only one of them still exists (General Electric). None of them are still listed on the DJIA. No, picking several stocks toward the top of the S&P500 list is not a good way to make a portfolio. The sector that has outperformed yesterday is unlikely to be the sector that outperforms tomorrow.
I prefer Schwab for active investing, options, bonds, etc. It would be easy to transfer your ETFs to Schwab - you'd start by going to Schwab site and filing out the online forms there. Schwab makes it easy to see the return of your holdings - follow the portfolio performance link and drag the cursor to see the time period you desire. Your portfolio return is also shown in comparison to the S&P 500, DJIA, Nasdaq, Russell 2000, Schwab's customer service is good and there are office in major urban areas. Vanguard may have good ETFs but that's also arguable - there are other ETF options out there.
If Biden or Harris was president, DJIA would be at 48,000, and we would have seen 2, maybe 3 rate cuts. Inflation would be 1.5%. We are living a terrible alternate reality.
Absolutely valid point. SP500: NVDA+MSFT+AMZN+META+AVGO+GOOG+TSLA = 35% weight in a 500 companies index! Nasdaq, very same companies as above= 67(!!)%, yes you read correctly SIXTY SEVEN percent in a 100 companies index! NVDA alone weighs 7.16/13.72% respectively in them. Again, in indices of altogether 500+companies! Anything happens to NVDA, both indices are bust. If you want a real picture on the economy, look at DJIA + Russel 2000
This is the core issue no one seems to be talking about. Currently the stock market really doesn’t even matter. TSLA and PLTR are the most striking examples, but really most of the DJIA companies should be down. This is the largest tax increase on the purchasing class that we have ever seen and people are going to have to start making real life decisions on what they can and cannot afford. The middle and lower class aren’t going to be able to afford $1k on an iPhone, they’ll have to use that money to pay rent. Banks and credit companies are going to see default rates on everything from car loans to mortgages to credit cards skyrocket. Families will choose generic brands over things like Coca Cola, Nike, etc. Not to be a doomer but we could really be looking at an economic situation that makes 2008 look like child’s play. We aren’t talking about a housing crisis or people not being able to afford vehicles; we may see 80% of the population that struggles to afford groceries, utilities, and clothing.
Gold is a terrible hedge against the stock market. It’s consistently underperformed the S&P and DJIA since the 1990s, and doesn’t even consistently rise in price when the stock market drops or when inflation rises. It was basically flat or even fell in price from 2020-2022 when inflation was at a recent peak, and also fell in 2012 before being flat from 2012-2019 while inflation was obviously higher than 1%. From 1980-2005, it spent 25 *years* either flat or falling compared to its 1980 peak, while the stock market grew by 10x in the same time frame and inflation kept going. Spiking in price every few years or decades isn’t enough to outpace the stock market’s growth in the long term, and it doesn’t grow consistently enough in the short term to reliably outpace inflation.
I'm going to assume that's a typo, as the stock price today is $236. That's a 3.51% increase since OP made the post. TTWO has been lagging behind all 3 major indices (S&P +10.6%, NASDAQ +16.3%, DJIA +8.96%). I'll check in later a year from now. RemindMe! 1 year
need DJIA to crash and take spy with it
Neither of those investments are tracking what you think they are. They are both growth-oriented funds. Growth here is a technical term that in essence means "these companies are priced higher because we expect them to grow more". It doesn't mean they actually will grow more, and in the longterm the opposite side (value) has actually lead to slightly higher returns. The s&p 500 and the DJIA are both intended to represent the direction of the total market, ie no growth vs value filter. If you actually want to invest in the S&P 500, buy a fund like VOO. Other reasonable alternatives: * buy the total US market (VTI) * buy the total world market (VT) * perhaps the best option for you, buy your broker's indexed target date fund, which will buy the whole world's stock market, plus bonds and perhaps a few other assets, in a reasonable mix that adjusts over time My personal strategy follows https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy, because it is well-supported by evidence and theory, and is extremely simple.
I may get my -1K DJIA and -500 NDX a day early.
we need a -1K DJIA and -500 NDX tomorrow to get this market back in line where it should be
I think the DJIA is priced in usd, so not really seeing the impact of a 15% decline in the dollar
This is the Q rug pull The DJIA rug pull has been the past 6 months
When I was 28 my net worth was $14,500. The DJIA was 5,000 and had skyrocketed in value in the previous few years. Since then I have DCA’d into the market and bought real estate. I’m 58 and my net worth is $2.75M. Trust the process.
cmon tech, stop draggin ass and get up there with DJIA
Looking for -500 DJIA and -300 NDX.
Buying into international equities in April ✅️ Cashing out US equities during the April dip ⁉️ Multiple things can be true at the same time. There was no reason to sell US equities triggering capital gains unless it aligned with your financial goals. If you're talking about DJIA and SPY sure but those indices are lagging behind due to some major players that haven't recovered yet. If your primary strategy WAS SPY than yes you are a bonehead for selling. These are long term players so the fact that emerging markets are outperforming for the past year is completely irrelevant.
> everything's red The DJIA is up half a percent lmao
As usual, people are taught like seals to “buy the dip”. I predict that DJIA will only be down by 300 at day’s end.
When Bush bombed Iraq on 03/19/03, a Wednesday, the DJIA closed 30bps higher the next day
DJIA roaring bull from 1942 onwards Pakistan India 2025 - no effect
I intend to retire in the next decade. In early March, I moved 75% of my tax-deferred stock portfolio to bond and/or capital preservation funds depending on what was available. I continue to believe this was a good decision and may not return to stocks in any significant way in the retirement accounts until after the midterms. Year-to-date in my tracking spreadsheet, as of last Saturday: * DJIA is down 0.5% * S&P500 is up 0.5% * My overall investments are up 0.5% * Normal brokerage account (all stocks) is down 2% * IRA is down 2% * Roth IRA is down 3% * 401(k) - where most of my assets are - is up 0.3% * 529 plan is up 1.7% when you subtract out the ongoing contributions. It's still all stocks. * Crypto (mostly Bitcoin) is up 9% but it's only about $12K. The IRA, Roth, and 401(k) are the accounts where I reduced stock allocation to 25%. Mostly in VTSAX. The brokerage, IRA, and Roth are each slightly above $100K. 401(k) is about $1.5M. 529 is about $35K. I'm going to spend some time looking at if I screwed up the spreadsheet because my gut feeling is "biggest investment up 0.3%, overall up 0.5%, everything else down" seems wrong.
Don't worry; the DJIA closed at 40 in 1896, 129 years ago. So, you just need to hold for ~129 years.
DJIA day Trump took office: 44025.81 DJIA today: 42,762.87 Yup, up bigly.
Market is giving you a chance to exit now before DJIA -500.
You're more right than you know. The DJIA started in 1896 [129 years ago] and closed the year at 40. In 2024, it closed at 42,544.
The joys of trading. Sometimes yes (anticipation of rate cuts), sometimes no. I noticed an immense amount of EOD divestments yesterday. That DJIA/NDX -500 day is not far off IMO.