Vimeo results:
Youtube results:
Dow Jones Industrial Average
Branches of Mathematics
Pure mathematics
Applied mathematics
- Dynamical systems and differential equations
- Mathematical physics
- Computing
- Information theory and signal processing
- Probability and statistics
- Game theory
- Operations research
Related Topics
- Electromagnetic Spectrum
- Linear Equations
- Applied Physics
- Nano Technology
- Engineering Sciences
- Mathematical Medicine
- Fluid dynamics
- Computational Mathematics
- Gamma Ray Optics
- Onfrared Optics
- Relative Velocity
- Iciam
- Intelligent Imaging Neuroscience
- Biomedical Engineering
- Neuroscience Research
- Quantum Cosmology
- Brain Research
Open Collage in a new Window
Email the Collage
- Loading...
Loading suggestions ...
- 1970s Energy Crisis
- 1973 Oil Crisis
- 1973–75 recession
- 1979 energy crisis
- 1980s oil glut
- 1990 oil price shock
- 1UP.com
- 2000–2009
- 20th Century Fox
- 20th Television
- 24Kitchen
- 3M
- Africa
- AIG
- Alan Greenspan
- Alcoa
- Algerian War
- All Things Digital
- Altria Group
- Aluminium
- American Express
- Andrew Knight
- Angolan Civil War
- Antitrust
- Antv
- Arithmetic
- Arithmetic mean
- Arthur Siskind
- Asia
- Asianet
- Asianet Suvarna
- AskMen.com
- Associated Press
- AT&T;
- Avon (publishers)
- BabyTV
- Bank of America
- Banking
- Barron's (newspaper)
- Bay of Pigs Invasion
- BemSimples
- Berkshire Hathaway
- Bethlehem Steel
- Big Ten Conference
- Big Ten Network
- Biotechnology
- Birmingham, Alabama
- Black Monday (1987)
- Black Wednesday
- Blue Sky Studios
- Boeing
- Brisbane Broncos
- Broadcasting
- Bronx Times-Reporter
- BSkyB
- Caedmon Audio
- Cape Cod Times
- Caterpillar Inc.
- Channel V
- Charles Dow
- Chase Carey
- Chemical industry
- Chevron Corporation
- Chinese Civil War
- Chinese correction
- Chinese yuan
- Cisco Systems
- Citigroup
- CME Group
- Cold War
- Collins Bartholomew
- Colombian Civil War
- Computer networking
- Computers
- Consumer finance
- Cuba
- Cuban Revolution
- Cult (TV channel)
- David DeVoe
- Defense contractor
- Derivative (finance)
- Divisor
- DJIA divisor
- Domino Foods, Inc.
- Dot-com bubble
- Dow 36,000
- Dow Jones & Company
- Dow Jones Indexes
- Dow Jones Newswires
- Drink
- Dubai World
- DuPont
- Ecco Press
- Electric utility
- Entertainment
- ESPN Asia
- ESPN International
- ESPN Star Sports
- ESPNews India
- Esso
- Ethiopian Civil War
- Europe
- Exchange-traded fund
- ExxonMobil
- Factiva
- Falklands War
- FARSI1
- Fast food
- Financial News
- FINS.com
- First Chechen War
- First Intifada
- Fiscal year
- Food processing
- FOX (Finland)
- Fox (India)
- Fox (Italy)
- Fox (Middle East)
- Fox (Poland)
- FOX (Portugal)
- Fox (Spain)
- FOX (Turkey)
- Fox Action Movies
- Fox Business Network
- Fox Channel Asia
- Fox College Sports
- Fox Crime
- Fox Crime (Asia)
- Fox Crime (Italy)
- Fox Deportes
- Fox Faith
- Fox Filipino
- Fox Kids
- Fox Latin America
- Fox Life
- Fox Life (Italy)
- Fox Life Greece
- Fox Movie Channel
- Fox Movies Premium
- Fox Music
- Fox News Channel
- Fox News Radio
- Fox Retro
- Fox Soccer
- Fox Soccer Plus
- Fox Sports Net
- Fox Star Studios
- Fox Telecolombia
- Fox Traveller
- Foxtel
- Friday TV
- Fuel TV
- Futures contract
- Futures exchange
- FX (Asia)
- FX (Greece)
- FX (Portugal)
- FX (TV channel)
- FX (UK)
- FX Australia
- FX Canada
- FX Latin America
- GameSpy
- GameStats
- Geelong Advertiser
- General Electric
- General Foods
- General Motors
- GMA Network, Inc.
- Gold standard
- Goodrich Corporation
- Google Finance
- Great Depression
- Greek Civil War
- Gulf War
- Harper (publisher)
- Harper Perennial
- HarperCollins
- Hathaway Publishing
- Hathway
- Heavy industry
- Herald Sun
- Hewlett-Packard
- HM Capital Partners
- Holding company
- Home improvement
- Honeywell
- Hulu
- I Can Read!
- IBM
- IGN
- Inflation
- Information Age
- Insurance
- Intel
- Intel Corporation
- Interest rates
- International Paper
- Internet boom
- Iran
- Iran-Iraq War
- Iranian Revolution
- Iraq War
- Irish Civil War
- James K. Glassman
- John L. Thornton
- Johns Manville
- Johnson & Johnson
- José María Aznar
- JPMorgan Chase
- Junk bond
- KCOP-TV
- KDFI
- KDFW
- Kevin A. Hassett
- KMSP-TV
- Kodak
- Korean War
- Kraft Foods
- KRIV
- KSAZ-TV
- KTBC
- KTTV
- KTXH
- KUTP
- Lachlan Murdoch
- Laclede Gas Company
- Laclede Group, Inc.
- LAP TV
- Late-2000s recession
- Lebanese Civil War
- Lehman Brothers
- Liberty Global
- Life OK
- Logarithmic scale
- LyondellBasell
- Mail Tribune
- Margin (finance)
- Market trend
- MarketWatch
- McDonald's
- Melbourne Storm
- Merck & Co.
- Mergers
- Messenger Newspapers
- Metro-Goldwyn-Mayer
- Michelin
- Microsoft
- Middle East
- Millennium Chemicals
- Mining
- Mnet Media
- MOBY Group
- Movies OK
- MundoFox
- MX (newspaper)
- MyNetworkTV
- Myspace.com
- NASDAQ
- Nasdaq Composite
- NASDAQ Composite
- NASDAQ OMX
- NASDAQ-100
- Nash Motors
- Nat Geo Music
- Nat Geo Wild
- Natalie Bancroft
- NBCUniversal
- NDS Group
- New York Post
- Newmarket Press
- News Corporation
- News International
- News Limited
- News Outdoor Group
- Newspapers
- Newspoll
- NL Industries
- NYSE Composite
- NYSE Euronext
- Open outcry
- Option (finance)
- Owens-Illinois
- Panic of 1896
- Panic of 1901
- Panic of 1907
- Panic of 1910–1911
- Par value
- Peoples Gas
- Percentage
- Pfizer
- Pharmaceuticals
- Phoenix Television
- Planet Network
- Pocono Record
- Polish-Soviet war
- Premier Media Group
- Price-weighted
- Price-weighted index
- Princess Productions
- Procter & Gamble
- ProFunds
- Program trading
- RCN TV
- Recession of 1949
- Recession of 1953
- Recession of 1958
- Recession of 1960-61
- Recession of 1969–70
- Rede Telecine
- Retailing
- Revolutions of 1989
- Ric Edelman
- Roaring Twenties
- Rod Eddington
- Rod Paige
- Rotana (television)
- Rupert Murdoch
- Russell 2000
- Russo-Japanese War
- Rwandan Genocide
- S&P; 500
- Scout.com
- Seacoast Media Group
- Sears
- Second Chechen War
- Second Congo War
- Securities
- Semiconductor
- September 11 attacks
- Shine America
- Shine Limited
- Short (finance)
- Silver Thursday
- Sky 3D (Italy)
- Sky Cinema (Italy)
- Sky Deutschland
- Sky HD (Italy)
- Sky Italia
- Sky Meteo24
- Sky Primafila
- SKY Show
- Sky Sport (Italy)
- Sky TG24
- Sky Uno
- SKY Vivo
- SmartMoney
- Software
- Soviet Union
- Spanish Civil War
- Spanish–American War
- Speed (TV channel)
- SSE Composite
- Stagflation
- Standard & Poor's
- STAR (Greater China)
- STAR (India)
- STAR Chinese Channel
- STAR Chinese Movies
- STAR Cricket
- STAR Gold
- STAR Jalsha
- STAR Movies
- Star Plus
- STAR Pravah
- Star Select
- STAR Sports
- STAR TV
- STAR Utsav
- STAR Vijay
- STAR World
- STAR World India
- Statistician
- STATS LLC
- Stock market
- Stock market index
- Stock split
- Subprime lending
- Sum
- Takeover
- Tata Group
- Tata Sky
- TeamXbox
- Technology
- Telecommunication
- Template Dow Jones
- Template Sky Italia
- Template STAR
- Template talk STAR
- The Australian
- The Brooklyn Paper
- The Cairns Post
- The Courier-Mail
- The Fox Nation
- The Friday Project
- The Home Depot
- The Mercury (Hobart)
- The New York Times
- The Sunday Times
- The Times
- TheStreet.com
- Times Herald-Record
- Tom Perkins
- Townsville Bulletin
- Travelers Companies
- TVN (Southeast Asia)
- U.S. Steel
- UGO Networks
- Unilever
- Union Carbide
- United States
- United States dollar
- Vault Network
- Vedomosti
- Viacom
- Viajar
- Viet D. Dinh
- Vietnam War
- WAGA-TV
- Wal-Mart
- Wall Street Journal
- Walmart
- Warren Buffett
- WDCA
- Weighted mean
- WFLD
- WFTC
- WFXT
- WhatIfSports.com
- WHBQ-TV
- William Gibbs McAdoo
- Wilshire 5000
- WJBK
- WNYW
- WOFL
- WOGX
- World War I
- World War II
- WPWR-TV
- WRBW
- WSJ.
- WTTG
- WTVT
- WTXF-TV
- WUTB
- WWOR-TV
- Xing Kong
- Yahoo Finance
- Yahoo! Finance
- Yardbarker
- Yom Kippur War
- Yugoslav Wars
- Zemzemeh
- Zondervan
-
Birmingham, Alabama
Birmingham (, ) is the largest city in Alabama. The city is the county seat of Jefferson County. According to an estimate by the U.S. Census Bureau in 2007, Birmingham had a population of about 229,800. The Birmingham Metropolitan Area, in estimate by the U.S. Census Bureau in 2009, had a population of about 1,212,848. The Birmingham Metropolitan Area contains about one-quarter of the entire population of Alabama.
http://wn.com/Birmingham_Alabama -
Cuba
The Republic of Cuba (; , ) is an island country in the Caribbean. The nation of Cuba consists of the main island of Cuba, the Isla de la Juventud, and several archipelagos.
http://wn.com/Cuba -
Intel
http://wn.com/Intel -
Intel Corporation
Intel Corporation (; ; ) is an American technology company and the world's largest semiconductor chip maker, based on revenue. It is the inventor of the x86 series of microprocessors, the processors found in most personal computers. Intel was founded on July 18, 1968, as Integrated Electronics Corporation (though a common misconception is that "Intel" is from the word intelligence) and is based in Santa Clara, California, USA. Intel also makes motherboard chipsets, network interface controllers and integrated circuits, flash memory, graphic chips, embedded processors and other devices related to communications and computing. Founded by semiconductor pioneers Robert Noyce and Gordon Moore and widely associated with the executive leadership and vision of Andrew Grove, Intel combines advanced chip design capability with a leading-edge manufacturing capability. Originally known primarily to engineers and technologists, Intel's "Intel Inside" advertising campaign of the 1990s made it and its Pentium processor household names.
http://wn.com/Intel_Corporation -
Iran
Iran ( ), officially the Islamic Republic of Iran is a country in Central Eurasia and Western Asia. The name Iran has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was also known to the western world as Persia. Both Persia and Iran are used interchangeably in cultural contexts; however, Iran is the name used officially in political contexts.
http://wn.com/Iran -
KDFW
KDFW, virtual channel 4 (digital channel 35), is the Fox owned-and-operated television station in the Dallas-Fort Worth Metroplex designated market area.
http://wn.com/KDFW -
Microsoft
Microsoft Corporation is a public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Established on April 4, 1975 to develop and sell BASIC interpreters for the Altair 8800, Microsoft rose to dominate the home computer operating system (OS) market with MS-DOS in the mid-1980s, followed by the Microsoft Windows line of OSs. The ensuing rise of stock in the company's 1986 initial public offering (IPO) made an estimated four billionaires and 12,000 millionaires from Microsoft employees. Microsoft would come to dominate other markets as well, notably the office suite market with Microsoft Office.
http://wn.com/Microsoft -
Soviet Union
http://wn.com/Soviet_Union -
The Cairns Post
The Cairns Post is a major News Corporation newspaper in Far North Queensland that exclusively serves the Cairns area. It has daily coverage on local, state, national and world news, plus a wide range of sections and liftouts covering health, beauty, cars and lifestyle.
http://wn.com/The_Cairns_Post -
United States
The United States of America (also referred to as the United States, the U.S., the USA, or America) is a federal constitutional republic comprising fifty states and a federal district. The country is situated mostly in central North America, where its forty-eight contiguous states and Washington, D.C., the capital district, lie between the Pacific and Atlantic Oceans, bordered by Canada to the north and Mexico to the south. The state of Alaska is in the northwest of the continent, with Canada to the east and Russia to the west across the Bering Strait. The state of Hawaii is an archipelago in the mid-Pacific. The country also possesses several territories in the Caribbean and Pacific.
http://wn.com/United_States
-
Andrew Knight
Andrew Stephen Bower Knight (born 1 November 1939 in England) is a journalist, editor, and director of News Corporation.
http://wn.com/Andrew_Knight -
Arthur Siskind
Arthur Siskind (born 11 October 1938) is a lawyer and businessperson. He has been an executive director of the News Corporation since 1991. He served as their group general counsel from March 1991 until December 2004. He was succeeded by Lawrence Jacobs. In January 2005, he became the senior advisor to the chairman.
http://wn.com/Arthur_Siskind -
Charles Dow
http://wn.com/Charles_Dow -
Chase Carey
__NOTOC__
http://wn.com/Chase_Carey -
Citigroup
Citigroup Inc. (branded Citi) is a major American financial services company based in New York City. Citigroup was formed from one of the world's largest mergers in history by combining the banking giant Citicorp and financial conglomerate Travelers Group on April 7, 1998.
http://wn.com/Citigroup -
David DeVoe
Dave DeVoe (born 1947) has been a Director and Chief Financial Officer of News Corporation since 1990.
http://wn.com/David_DeVoe -
Ethiopian Civil War
http://wn.com/Ethiopian_Civil_War -
FX (Greece)
FX Greece is a television network, launched by the Fox Broadcasting Company, which launched on 1 March 2010 and is currently available to the subscribers of Conn-x TV and NOVA Greece. The channel has a huge success in Greece
http://wn.com/FX_(Greece) -
Irish Civil War
military conflict
http://wn.com/Irish_Civil_War -
James K. Glassman
James K. Glassman (born January 1, 1947 in Washington, D.C.) is an American conservative editorialist, journalist, diplomat and author. He is currently the host of the television program "Ideas in Action," which airs on PBS member stations across the country. On December 11, 2007 Glassman was nominated by President George W. Bush to replace Karen Hughes as the Undersecretary of State for Public Diplomacy. In 2007, Glassman became Chairman of the Broadcasting Board of Governors, an independent federal agency that provides programming about America to non-American overseas audiences via the Voice of America, Radio Free Europe/Radio Liberty, the Middle East Broadcasting Networks (Alhurra TV and Radio Sawa), Radio Free Asia, and the Office of Cuba Broadcasting (Radio and TV Marti). Earlier he founded The American, the magazine of ideas for business leaders, published by the American Enterprise Institute, and was its editor-in-chief and from 2005 to 2007. He is a frequent commentator on business and investing issues, and has published in newspapers around the world, including the Los Angeles Times, The New York Times, The Wall Street Journal, The Washington Post, Forbes, The Atlantic Monthly, ''Reader's Digest, and The Times Literary Supplement (London) He was co-author of Dow 36,000'', published in 1999, which was overenthusiastic about the stock market.
http://wn.com/James_K_Glassman -
John L. Thornton
John Lawson Thornton (b.1954) is Professor and Director of Global Leadership at Tsinghua University in Beijing. He is a former President and Co-COO of Goldman Sachs. In 1983, Thornton founded and developed Goldman Sachs' European mergers and acquisitions business. He served as co-CEO of Goldman Sachs International in London from 1995 to 1996. Thornton was Chairman of Goldman Sachs Asia from 1996 to 1998, where he expanded the firm's regional franchise during the Asian financial crisis. Thornton is a director of Intel, Pacific Century Group, Ford Motor Company, China Netcom, HSBC Holdings,and News Corporation. He is also Chairman of the Board of The Brookings Institution.
http://wn.com/John_L_Thornton -
José María Aznar
http://wn.com/José_María_Aznar -
Korean War
http://wn.com/Korean_War -
Lachlan Murdoch
Lachlan Keith Murdoch (born 8 September 1971) is the eldest son of Australian-American media mogul Rupert Murdoch and his former wife Anna Torv. He resigned from his executive positions at News Corporation on 29 July 2005.
http://wn.com/Lachlan_Murdoch -
Lebanese Civil War
The Lebanese Civil War () was a multifaceted civil war in Lebanon. The war lasted from 1975 to 1990 and resulted in an estimated 130,000 to 250,000 civilian fatalities. Another one million people (one fourth of the population) were wounded,and today approximately 350,000 people remain displaced, the majority of them Christian Lebanese who were forced out of the Chouf mountains. There was also a mass exodus of almost one million people from Lebanon, mostly of Christian descent. The Post-war occupation of the country by Syria was particularly politically disadvantageous to the Christian population as most of their leadership was driven into exile, or had been assassinated or jailed (see Baroudi and Tabar 2009).
http://wn.com/Lebanese_Civil_War -
Natalie Bancroft
Natalie Bancroft (b. circa 1980) is a member of the board of directors of News Corporation and a member of the Bancroft family, which controlled the Dow Jones media empire for decades. She was appointed to the board of News Corporation at the age of 27, following News Corporation's acquisition of Dow Jones. She is also a professionally trained opera singer.
http://wn.com/Natalie_Bancroft -
Ric Edelman
Ric Edelman is the chairman and CEO of Edelman Financial Services, LLC., the author of several personal finance books and the host of a syndicated weekly personal finance talk radio show called The Ric Edelman Show. He is an alumnus of Rowan University.
http://wn.com/Ric_Edelman -
Rod Eddington
Sir Roderick Ian Eddington (born 2 January 1950, Perth, Western Australia) is an Australian businessman. He is currently chair of the government body Infrastructure Australia, a director of News Corporation, continuing his long association with that company, and has served in other senior positions including as former CEO of British Airways.
http://wn.com/Rod_Eddington -
Rod Paige
Roderick Raynor "Rod" Paige (born June 17, 1933), served as the 7th United States Secretary of Education from 2001 to 2005. Paige, who grew up in Mississippi, built a career on a belief that education equalizes opportunity, moving from college dean and school superintendent to be the first African American to serve as the nation's education chief. As an expert on educational reform it is interesting to note that he has never actually been a classroom teacher.
http://wn.com/Rod_Paige -
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG (; born 11 March 1931) is an Australian-American media magnate and the founder, chairman, and chief executive officer of .
http://wn.com/Rupert_Murdoch -
Spanish Civil War
http://wn.com/Spanish_Civil_War -
The Times
The Times is a daily national newspaper published in the United Kingdom since 1785, when it was known as The Daily Universal Register.
http://wn.com/The_Times -
Tom Perkins
Thomas James Perkins (born 1932) is an American businessman, capitalist, and was one of the founders of leading venture capital firm Kleiner Perkins Caufield & Byers.
http://wn.com/Tom_Perkins -
Viet D. Dinh
Viet D. Dinh (; born February 22, 1968) is a lawyer and a conservative legal scholar who served as an Assistant Attorney General of the United States from 2001 to 2003, under the presidency of George W. Bush. Born in Saigon, in the former South Vietnam, he was the chief architect of the USA PATRIOT Act.
http://wn.com/Viet_D_Dinh -
Vietnam War
http://wn.com/Vietnam_War -
Warren Buffett
Warren Edward Buffett (; born August 30, 1930) is an American investor, industrialist and philanthropist. He is one of the most successful investors in the world. Often called the "legendary investor Warren Buffett", he is the primary shareholder, chairman and CEO of Berkshire Hathaway. He is consistently ranked among the world's wealthiest people, he was ranked as the world's second wealthiest person in 2009 and is currently the third wealthiest person in the world as of 2010.
http://wn.com/Warren_Buffett -
World War I
World War I was a military conflict centered on Europe that began in the summer of 1914. The fighting ended in late 1918. This conflict involved all of the world's great powers, assembled in two opposing alliances: the Allies (centred around the Triple Entente) and the Central Powers. More than 70 million military personnel, including 60 million Europeans, were mobilized in one of the largest wars in history. More than 9 million combatants were killed, due largely to great technological advances in firepower without corresponding ones in mobility. It was the second deadliest conflict in history.
http://wn.com/World_War_I
Send this Playlist by SMS
Email this Page
Beginner Investing : What Is the Dow Jones Industrial Average?
- Order: Reorder
- Duration: 1:25
- Published: 09 Feb 2009
- Updated: 25 Jul 2012
The Dow Jones Industrial Average is a company stock index made up of 30 American companies that have been around for a long time. Discover how the Dow Jones is used as a snapshot reference of the market on any given day withhelp from a registered financial consultant in this free video on investments and personal finance. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
http://wn.com/Beginner_Investing_What_Is_the_Dow_Jones_Industrial_Average?
Stock Market History Dow Jones Industrial Average Index
- Order: Reorder
- Duration: 9:06
- Published: 28 Feb 2010
- Updated: 04 Jul 2012
www.stockmarketfunding.com "Stock Market HistoryDow Jones Industrial Average Index" "Stock Market History" "Dow Jones Industrial Average Index" "Dow Jones History" "History Dow Jones" "Dow Jones Market Commentary" Stock Market History Dow Jones Industrial Average Index 10 Year Bear Market History djia, dow jones history, djia chart, djia historical, dow jones average history The Dow Jones Industrial Average, also referred to as the Industrial Average, the Dow Jones, the Dow 30, or simply the Dow, is one of several stock market indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly-owned companies based in the United States have traded during a standard trading session in the stock market.[1] It is the second oldest US market index after the Dow Jones Transportation Average, which Dow also created. The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. The average is price-weighted, and to compensate for the effects of stock splits and other adjustments, it is currently a scaled average. Tags "Stock Market History Dow Jones Industrial Average Index" "Stock Market History" "Dow Jones Industrial Average Index" "Dow Jones History" "History Dow Jones" "Dow Jones Market Commentary"
http://wn.com/Stock_Market_History_Dow_Jones_Industrial_Average_Index
Dow Jones Industrial Average 4-year High
- Order: Reorder
- Duration: 20:44
- Published: 04 Feb 2012
- Updated: 31 May 2012
www.StockMarketFunding.com Dow Jones Industrial Average 4-year High Technical Analysis 2012 Bull vs Bear Trends. In this live "stock index" video on the Dow Jones we'll cover the 2012 market rally current support and resistance levels. The broad-based gains on solid trading volume also sent...
http://wn.com/Dow_Jones_Industrial_Average_4-year_High
Dow Jones Industrial Average Index Biggest Correction Since 2002
- Order: Reorder
- Duration: 9:43
- Published: 11 Jun 2011
- Updated: 18 Apr 2012
www.StockMarketFunding.com Dow Jones Industrial Average Index Biggest Correction Since 2002. The Dow Jones industrial average fell below 12000 for the first time since March and the Nasdaq gave back all of this year's gains in late morning trading Friday. Growing concerns about the global...
http://wn.com/Dow_Jones_Industrial_Average_Index_Biggest_Correction_Since_2002
Stock Market History Dow Jones Industrial Average Index 10 Bear Market Anniversary Part 3
- Order: Reorder
- Duration: 7:56
- Published: 28 Feb 2010
- Updated: 18 Apr 2012
www.stockmarketfunding.com Stock Market History Dow Jones Industrial Average Index 10 Year Bear Market History djia, dow jones history, djia chart, djia historical, dow jones average history
http://wn.com/Stock_Market_History_Dow_Jones_Industrial_Average_Index_10_Bear_Market_Anniversary_Part_3
Dow Jones Industrial Average Index Technical Analysis 2012 Economic Preview
- Order: Reorder
- Duration: 16:52
- Published: 22 Oct 2011
- Updated: 01 Nov 2011
www.StockMarketFunding.comDow Jones Industrial Average Index Technical Analysis 2012 Economic Preview. What will happen to the Dow Jones in 2012? Watch this live stock market trading technical analysis training video on how to trade the Dow Jones going into the end of 2011. There is a great deal of stock market volatility due to the "bank bailout" going on in Europe. Friday stocks closed higher, the Dow Jones Industrial Average Index rose 267 point gain to close at 11809. The S&P 500 index rose 22.86 points to close at 1238.25. The Nasdaq Composite Index closed up 38.84 points to close at 2637.46. The Nasdaq 100 index closed up 29.64 points to close at 2335.93. Please like, share, subscribe & comment! Video RSS Feed http Free Trial Signup onlinetradinginvesting.eventbrite.com Trading Community (Free to Join) http Google +1 tiny.cc Follow us on Twitter: www.twitter.com Follow us on Facebook: www.facebook.com Tags 2012 "S&P 500" "technical analysis" news market markets economy economic Trading Stock Business Preview Finance Investment Stocks New Options "S&P 500 2012" dollar economic euro europe debt dollar bernanke Financial Futures "S&P 500" market trading stock stocks analysis finance economy technical investment futures options INDEX news business "technical analysis" education educational money "market analysis" "stock analysis" "chart analysis" "trend analysis" "market trends" "market commentary" "dow jones 2012" "2012 dow jones"
http://wn.com/Dow_Jones_Industrial_Average_Index_Technical_Analysis_2012_Economic_Preview
Dow Jones Industrial Average Down Over 400 Points on Italy Debt Crisis
- Order: Reorder
- Duration: 1:03
- Published: 09 Nov 2011
- Updated: 18 Apr 2012
www.StockMarketFunding.com Dow Jones Industrial Average Down Over 400 Points on Italy Debt Crisis. The "italy debt crisis" continues as we saw the Dow Jones Industrial Average Index fall over 400 points intraday before snapping back and pairing some of the losses. Watch this live analysis and market trading video on the "Dow Jones" Yields on Italian 10-year debt jumped to 7.4%, a record for the euro era and a level at which other EU members, notably Ireland, Portugal and Greece have required bailouts. Please like, share, subscribe & comment! Google +1 http Video RSS Feed feeds.feedburner.com Free Trial Signup onlinetradinginvesting.eventbrite.com Trading Community (Free to Join) http Follow us on Twitter: www.twitter.com Follow us on Facebook: www.facebook.com Tags "dow jones" stocks market markets "italy debt crisis" news business economy "Dow Jones Industrial Average" Analysis Finance Italy Stock Trading Forex Technical Gold Dollar Investment Financial Bloomberg Futures Options Euro Bank Economic Government System "Stock Market" Education Charts Nasdaq Index
http://wn.com/Dow_Jones_Industrial_Average_Down_Over_400_Points_on_Italy_Debt_Crisis
Elliott Wave Analysis Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com
- Order: Reorder
- Duration: 11:22
- Published: 21 May 2011
- Updated: 19 Mar 2012
Elliott Wave Analysis Dow Jones Industrial Average DJIA by Sid from ElliottWavePredictions.com. Covered topics are: 1) my internal wave count of the Dow since May 1, and my subsequent expectations for a rally this coming week; 2) a quick look at my longer term count of the Dow to put the most recent price action into perspective; and 3) several examples of how I use the MACD indicator to assist and give confidence while counting the waves.
http://wn.com/Elliott_Wave_Analysis_Dow_Jones_Industrial_Average_DJIA_by_Sid_from_ElliottWavePredictionscom
Stock Market History Dow Jones Industrial Average Index Update
- Order: Reorder
- Duration: 9:17
- Published: 24 Apr 2010
- Updated: 27 Apr 2012
www.stockmarketfunding.com Pt 1 Stock Market History Dow Jones Industrial Average Index 10 Year Bear Market History djia, dow jones history, djia chart, djia historical, dow jones average history
http://wn.com/Stock_Market_History_Dow_Jones_Industrial_Average_Index_Update
Dow Jones Industrial Average See-Saws After Jobs Report: Small Sense of Relief at White House
- Order: Reorder
- Duration: 1:55
- Published: 05 Aug 2011
- Updated: 14 Jul 2012
Jake Tapper on how President Obama is reacting to news of increased job growth. For more on this story go here: abcn.ws For the FULL 'GMA' Episode, click here: abcn.ws
http://wn.com/Dow_Jones_Industrial_Average_See-Saws_After_Jobs_Report_Small_Sense_of_Relief_at_White_House
Stock Market History Dow Jones Industrial Average Index 10 Bear Market Anniversary Part 2
- Order: Reorder
- Duration: 9:02
- Published: 28 Feb 2010
- Updated: 18 Apr 2012
www.stockmarketfunding.com Stock Market History Dow Jones Industrial Average Index 10 Year Bear Market History djia, dow jones history, djia chart, djia historical, dow jones average history
http://wn.com/Stock_Market_History_Dow_Jones_Industrial_Average_Index_10_Bear_Market_Anniversary_Part_2
Mid Day Trading Update Dow Jones Index Market Commentary
- Order: Reorder
- Duration: 3:59
- Published: 25 Jan 2011
- Updated: 18 Apr 2012
www.StockMarketFunding.com Mid Day Trading Update Dow Jones Index Market Commentary. Live stock market commentary and trend analysis with on the "dow jones index" and how to trade it going into the closing bell. Video related to 2011 dow jones idex, 2011 dow jones market, dow jones 2011...
http://wn.com/Mid_Day_Trading_Update_Dow_Jones_Index_Market_Commentary
Dow Jones Index Chart Long Term Trend Analysis & Technical Analysis October 2010 (HD)
- Order: Reorder
- Duration: 9:30
- Published: 05 Oct 2010
- Updated: 18 Apr 2012
www.StockMarketFunding.com Dow Jones Index Chart Long Term Trend Analysis & Technical Analysis October 2010 (HD). Dow Jones Index Chart Analysis Technical Analysis Stock Market Sell Off. "dow jones" "dow chart" "chart analysis" "dow jones analysis" "stock market analysis" "technical analysis"...
http://wn.com/Dow_Jones_Index_Chart_Long_Term_Trend_Analysis_Technical_Analysis_October_2010_HD
Mixed Market Messages: Will Good Stock Market News Translate into More Jobs?
- Order: Reorder
- Duration: 8:41
- Published: 24 Feb 2012
- Updated: 27 Jul 2012
The Dow Jones Industrial Average briefly broke 13000. Good news? Maybe not. With vexing unemployment numbers, and surging oil and gas prices, could worse economic days lie ahead? Find out as Allen Barton, Terry Jones and Tim Cavanaugh bring you the good and bad news about the latest market and economic news. See more at www.pjtv.com
http://wn.com/Mixed_Market_Messages_Will_Good_Stock_Market_News_Translate_into_More_Jobs?
Stock Market Crash 2010 The Biggest Drop (Live Coverage)!! Incredible!" "Stock Crash"
- Order: Reorder
- Duration: 3:17
- Published: 06 May 2010
- Updated: 23 Aug 2012
www.StockMarketFunding.com "FLASH CRASH!"Stock Market Crash Dow Jones Falls Over 1000 Points United States Economy Flash Crash Stock Market Crash 2010 "Wall Street" 5-6-2010 "Flash Crash" AKA "Fat Finger" "6 May 2010 Stock Market Crash (Live Coverage)!! Incredible!" "Stock Crash" Stock Market Crash at SMF we were Shorting Indexes and Overbought Sectors Stock Market Crash Biggest Stock Market Crash Dow Jones History Stocks set up for huge drop. This is what happens when you get back into bear markets. Stocks can give the move back in 1 day. The Dow Ticker was down almost 1000 points. That's a big shake out! They're probably going to halt trading "Jim CRAMER DOESN'T EVEN KNOW WHAT TO THINK!" "we can't stop the selling" "Take them all out for the big bounce of the bottom!" "CANCEL ALL, CANCEL ALL ORDERS!" "stock market crash" "stock market" short shorting index indexes trading chart education training goldman sectors stocks trade traders S&P spx djia crash stock market 05 may 2010 meltdown dow jones nasdaq s&p cnbc bloomberg jim cramer today 1987 plunge selloff p&g apple black thursday EURO "EURO CRASH" dollar "US dollar" The sub-prime mortgage crisis has led to the bursting of the US housing bubble. What's next? Craig Brockie and New York Times best selling financial author and economic forecaster Robert Prechter share how to survive & prosper in a deflationary depression. Find answers to these questions Bull market boom or bear market bust ahead? Recession or depression <b>...</b>
http://wn.com/Stock_Market_Crash_2010_The_Biggest_Drop_Live_Coverage!!_Incredible!_Stock_Crash
Dow Jones Industrial Average Drops Nearly 1000 points in 1 Day -Traders Reaction
- Order: Reorder
- Duration: 10:51
- Published: 08 May 2010
- Updated: 20 Feb 2012
Dow Jones Industrial Average Drops Nearly 1000 points in 1 Day -Traders Reaction
http://wn.com/Dow_Jones_Industrial_Average_Drops_Nearly_1000_points_in_1_Day_-Traders_Reaction
Dow Index Online Trend Trading Analysis & Online Trading Strategies
- Order: Reorder
- Duration: 7:34
- Published: 15 Aug 2010
- Updated: 18 Apr 2012
www.StockMarketFunding.com Dow Jones Today Bear Reversal Weekly Chart Pattern Support Levels Broken Stock Market Decline Dow Jones Nasdaq, S&P 500 Bear Market BEFORE THE BELL US Stock Futures Hit Hard US stocks open sharply Dow Index Online Trend Trading Analys & Online Trading Strategies Follow us on Twitter www.twitter.com Follow us on Facebook: www.facebook.com Online Trading Community: www.dailystockcharts.com Free Trial Signup http Video Alert Signup www.stockmarketfunding.com
http://wn.com/Dow_Index_Online_Trend_Trading_Analysis_Online_Trading_Strategies
Stock Market Correction Coming Dow Jones S&P; 500 Nasdaq Indexes Screaming Bull Overbought Pt 1
- Order: Reorder
- Duration: 8:01
- Published: 19 Feb 2011
- Updated: 15 Jun 2012
www.StockMarketFunding.com Stock Market Correction Coming Dow Jones S&P 500 Nasdaq Indexes Screaming Bull Overbought Pt 1 SPX S&P 500 Index Technical Analysis Chart Analysis Index Part 1 Live stock market trading video on trends for the S&P 500. We train hedge fund managers on the "stock...
http://wn.com/Stock_Market_Correction_Coming_Dow_Jones_S&P;_500_Nasdaq_Indexes_Screaming_Bull_Overbought_Pt_1
Dow Jones Industrial Average
- Order: Reorder
- Duration: 3:40
- Published: 07 Jan 2011
- Updated: 07 Jan 2011
Dow Jones Industrial Average, DJIA, INDU
http://wn.com/Dow_Jones_Industrial_Average
Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville
- Order: Reorder
- Duration: 5:01
- Published: 25 Jan 2012
- Updated: 18 Aug 2012
Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville Jan. 23 (Bloomberg) -- Joseph Granville, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri, for more than 40 years, talks about the outlook for the US stock market. He speaks with Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg) Tuesday, January 24, 2012 Joe Granville Predicts Another Earthquake: "Dow Jones INDU to 8000" Earlier this morning I was told that our most popular post on Monday was "Long-time bear joins bulls: Controversial Joe Granville says Dow could rise 800 points"* from August 2008. Joe was wrong on that one. Here's his latest via BusinessWeek, Jan. 23, 2012: Granville Says Dow Industrial May Drop Toward 8000 in 2012 Joseph Granville, whose "sell everything" call in 1981 sparked a decline in US stocks, said the Dow Jones Industrial Average will drop toward 8000 this year because of waning momentum and volume. "Volume precedes prices," Granville, 88, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri for about 50 years, said in an interview on "Street Smart" on Bloomberg Television. "You are seeing much lower volume. That tells you that prices are going to go much lower, much lower than most people think possible and very few people have projected." The Dow average has gained 4 percent this year to 12708.82 at 4 pm in New York. The Standard & Poor's 500 Index has <b>...</b>
http://wn.com/Dow_Jones_Industrial_To_Fall_4000_Points_In_2012?_Joseph_Granville
Dow Jones Down: US stock markets slump after rating downgrade
- Order: Reorder
- Duration: 8:08
- Published: 08 Aug 2011
- Updated: 09 Aug 2012
President Barack Obama has defended the American economy, claiming the US is still a triple A country. The markets there don't seem to be in full agreement they've followed the rest of the global economy following Friday's downgrade of American credit. The Dow Jones has lost more than 4 per cent . RT's Marina Portnaya live from New York with the latest.
http://wn.com/Dow_Jones_Down_US_stock_markets_slump_after_rating_downgrade
2012 Predictions Dow Jones Index Earnings Season
- Order: Reorder
- Duration: 14:48
- Published: 24 Dec 2011
- Updated: 21 Jun 2012
www.StockMarketFunding.com In this live Christmas Holiday weekend training video "2012 Predictions Dow Jones Index Earnings Season" we'll cover the recent rally in the Dow Jones Industrial Average index and what to expect going into 2012. The Dow Jones Industrial Average is back in positive...
http://wn.com/2012_Predictions_Dow_Jones_Index_Earnings_Season
Stock Market Trends 2012 Dow Jones Technical Analysis S&P; 500
- Order: Reorder
- Duration: 20:35
- Published: 28 Apr 2012
- Updated: 23 Jul 2012
www.StockMarketFunding.com Stock Market Trends 2012 Dow Jones Technical Analysis S&P 500. Stock market technical analysis trading education video on recent moves in "us stocks". Learn to trade equity trends and understand the recent "economic trends" in worldwide financial markets. The Dow...
http://wn.com/Stock_Market_Trends_2012_Dow_Jones_Technical_Analysis_S&P;_500
AP / Mark Lennihan
Creative Commons / *clairity*
AP / Richard Drew
Dow Jones Website
AP / Charles Dharapak
AP / Richard Drew
AP / Richard Drew
AP / Richard Drew
AP / Charles Dharapak
AP / Richard Drew
AP / Richard Drew
AP / Richard Drew
AP / David Karp
AP / Richard Drew
AP / Charles Dharapak
AP / Kathy Willens
AP / Mark Lennihan
AP / Edouard H.R. Gluck
AP / David Karp
AP / Richard Drew
AP Photo / kalpana
AP/Mary Altaffer
AP /Henny Ray Abrams
AP /Henny Ray Abrams
AP /Henny Ray Abrams
AP /Richard Drew
AP /M. Spencer Green
AP/Richard Drew
AP Photo/David Karp
Photo: AP / Muhammed Muheisen
23 Aug 2012
Article by WN.com Correspondent Dallas Darling Right after the Sept. 11, 2001 attacks against the Pentagon and World Trade Center, Charles Krauthammer-an extremely influential columnist and policy...
Photo: Public Domain / NOAA Photo Library: arct0318
23 Aug 2012
Scientists gathering data to underpin a claim by Denmark to a vast Arctic Ocean tract including the North Pole have harvested crucial new information about the seabed and toasted their arrival at the...
Photo: AP / Andres Kudacki
24 Aug 2012
Barcelona's Lionel Messi (L) and Xavi Hernandez (R) celebrate after scoring a goal during the first leg of the Spanish Supercup vs Real Madrid CF on August 23, 2012 at the Camp Nou stadium in...
Photo: AP / Ronen Zvulun
22 Aug 2012
Article by WN.com Correspondent Dallas Darling In the midst of the scramble for Palestine, while the UN Special Committee on Palestine was still debating over trusteeship and trying to establish a...
Photo: Creative Commons / renatomitra
24 Aug 2012
PARIS: US stock index futures pointed to a slightly higher open on Wall Street on Friday, with futures for the S&P; 500 up 0.03 percent, Dow Jones futures up 0.09 percent and Nasdaq 100 futures up 0.04...
Star Tribune
Stocks opened lower, pushed down by a disappointing report about orders for long-term factory goods like computers or industrial machinery. But they turned upward by late morning, after reports that Federal...(size: 1.4Kb)
Star Tribune
Stocks closed lower Thursday, dulled by a disappointing report on unemployment and fading hopes that the Federal Reserve plans to step in soon with action to help the economy....(size: 1.2Kb)
Star Tribune
Stocks climbed back from lows as investors took comfort from signals that the Federal Reserve is worried about the slow economic recovery and may provide more help....(size: 1.2Kb)
How the Dow Jones industrial average and other major US stock indexes fared on Wednesday
15 Aug 2012
Star Tribune
U.S. stocks closed mostly higher after signs that the economic recovery is on track, albeit at a slow pace. The Dow Jones industrial average lost 7.36 points, or 0.06...(size: 1.1Kb)
Star Tribune
U.S. stocks closed mostly lower after mixed economic data that showed an increase in retail sales but also that businesses weren't restocking their shelves and warehouses as...(size: 1.2Kb)
Star Tribune
U.S. stocks fell Monday as evidence piled up that the global economic slowdown is dragging on Asia. Japan's economy grew in the second quarter at a 1.4 percent annual rate,...(size: 1.2Kb)
Star Tribune
The stock market traded lower almost all day Friday, then made a U-turn and ended the day slightly higher. It was the end of a quiet summer week, with low trading volume and few major...(size: 1.3Kb)
Star Tribune
The stock market languished on Thursday. Stocks darted between small gains and losses without much conviction either way. The Dow Jones industrial average fell 10.45...(size: 1.1Kb)
Star Tribune
Stronger corporate earnings reports and expectations that central banks will act to support the economy powered the Standard & Poor's 500 index past 1,400 and the Nasdaq to close above...(size: 1.2Kb)
Star Tribune
U.S. stocks edged higher Monday on a quiet day. In the absence of major economic news, stocks were riding a tailwind of optimism from the most recent...(size: 1.0Kb)
.svg)
.svg)
The Dow Jones Industrial Average (
/ˌdaʊ ˈdʒoʊnz/), also called the Industrial Average, the Dow Jones, 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. It was founded on May 26, 1896, and is now owned by Dow Jones Indexes, which is majority owned by the CME Group. The average is named after Dow and one of his business associates, statistician Edward Jones. It is an index that shows how 30 large, publicly owned companies based in the United States have traded during a standard trading session in the stock market.[1] It is the second oldest U.S. market index after the Dow Jones Transportation Average, which was also created by Dow.
The Industrial portion of the name is largely historical, as many of the modern 30 components have little or nothing to do with traditional heavy industry. The average is price-weighted, and to compensate for the effects of stock splits and other adjustments, it is currently a scaled average. The value of the Dow is not the actual average of the prices of its component stocks, but rather the sum of the component prices divided by a divisor, which changes whenever one of the component stocks has a stock split or stock dividend, so as to generate a consistent value for the index.
Along with the NASDAQ Composite, the S&P 500 Index, and the Russell 2000 Index, the Dow is among the most closely watched U.S. benchmark indices tracking targeted stock market activity. Although Dow compiled the index to gauge the performance of the industrial sector within the American economy, the index's performance continues to be influenced by not only corporate and economic reports, but also by domestic and foreign political events such as war and terrorism, as well as by natural disasters that could potentially lead to economic harm. Components of the Dow trade on both the NASDAQ OMX and the NYSE Euronext, two of the largest stock market companies. Derivatives of the Dow trade on the Chicago Board Options Exchange and through the CME Group, the world's largest futures exchange company, which owns 90% of the indexing business founded by Dow Jones, including the Industrial Average.[2][3]
Contents |
Components[link]
The Dow Jones Industrial Average currently consists of the following 30 major American companies:[4]
| Company | Symbol | Industry | Date Added |
|---|---|---|---|
| 3M | MMM | Conglomerate | 1976-08-09 1976-08-09 (as Minnesota Mining and Manufacturing) |
| Alcoa | AA | Aluminum | 1959-06-01 1959-06-01 (as Aluminum Company of America) |
| American Express | AXP | Consumer finance | 1982-08-30 1982-08-30 |
| AT&T | T | Telecommunication | 1999-11-01 1999-11-01 (as SBC Communications) |
| Bank of America | BAC | Banking | 2008-02-19 2008-02-19 |
| Boeing | BA | Aerospace and defense | 1987-03-12 1987-03-12 |
| Caterpillar | CAT | Construction and mining equipment | 1991-05-06 1991-05-06 |
| Chevron Corporation | CVX | Oil & gas | 2008-02-19 2008-02-19 |
| Cisco Systems | CSCO | Computer networking | 2009-06-08 2009-06-08 |
| Coca-Cola | KO | Beverages | 1987-03-12 1987-03-12 |
| DuPont | DD | Chemical industry | 1935-11-20 1935-11-20 (also 1924-01-22 to 1925-08-31) |
| ExxonMobil | XOM | Oil & gas | 1928-10-01 1928-10-01 (as Standard Oil of New Jersey) |
| General Electric | GE | Conglomerate | 1907-11-07 1907-11-07 |
| Hewlett-Packard | HPQ | Technology | 1997-03-17 1997-03-17 |
| The Home Depot | HD | Home improvement retailer | 1999-11-01 1999-11-01 |
| Intel | INTC | Semiconductors | 1999-11-01 1999-11-01 |
| IBM | IBM | Computers and technology | 1979-06-29 1979-06-29 |
| Johnson & Johnson | JNJ | Pharmaceuticals | 1997-03-17 1997-03-17 |
| JPMorgan Chase | JPM | Banking | 1991-05-06 1991-05-06 (as J.P. Morgan & Company) |
| Kraft Foods | KFT | Food processing | 2008-09-22 2008-09-22 |
| McDonald's | MCD | Fast food | 1985-10-30 1985-10-30 |
| Merck | MRK | Pharmaceuticals | 1979-06-29 1979-06-29 |
| Microsoft | MSFT | Software | 1999-11-01 1999-11-01 |
| Pfizer | PFE | Pharmaceuticals | 2004-04-08 2004-04-08 |
| Procter & Gamble | PG | Consumer goods | 1932-05-26 1932-05-26 |
| Travelers | TRV | Insurance | 2009-06-08 2009-06-08 |
| United Technologies Corporation | UTX | Conglomerate | 1939-03-14 1939-03-14 (as United Aircraft) |
| Verizon Communications | VZ | Telecommunication | 2004-04-08 2004-04-08 |
| Wal-Mart | WMT | Retail | 1997-03-17 1997-03-17 |
| Walt Disney | DIS | Broadcasting and entertainment | 1991-05-06 1991-05-06 |
Former components[link]
The components of the DJIA have changed 48 times in its 115 year history, and only General Electric remains in the index. As of 2011, General Electric has had the longest continuous presence on the index, with its latest addition being in 1907. When companies are replaced, the scale factor used to calculate the index is adjusted so that the value of the average remains the same. A summary of the more recent changes to the index includes the following:
On February 19, 2008, Chevron and Bank of America replaced Altria Group and Honeywell. Chevron had previously been a Dow component from July 18, 1930, to November 1, 1999. During Chevron's absence, its split-adjusted price per share had gone from forty-four dollars to eighty-five, while the price of petroleum had risen from twenty-four dollars to a hundred. On September 22, 2008, Kraft Foods replaced the American International Group (AIG) in the index.[5] On June 8, 2009, General Motors and Citigroup were replaced by The Travelers Companies and Cisco Systems, which became the third company traded on the NASDAQ to be part of the Dow.[6]
History[link]
Early years[link]
The Dow Jones Industrial Average was founded by Charles Dow on May 26, 1896, and represented the dollar average of 12 stocks from leading American industries. Previously in 1884, Dow had composed an initial stock average called the Dow Jones Averages, which contained nine railroads and two industrial companies that appeared in the Customer's Afternoon Letter, a daily two-page financial news bulletin which was the precursor to The Wall Street Journal. The original group of 12 stocks ultimately chosen to form the Dow Jones Industrial Average did not contain any railroad stocks, but purely industrial stocks. Of these, only General Electric currently remains part of that index.[7] The other 11 were:[8]
- American Cotton Oil Company, a predecessor company to Bestfoods, now part of Unilever.
- American Sugar Company, became Domino Sugar in 1900, now Domino Foods, Inc.
- American Tobacco Company, broken up in a 1911 antitrust action.
- Chicago Gas Company, bought by Peoples Gas Light in 1897, now an operating subsidiary of Integrys Energy Group.
- Distilling & Cattle Feeding Company, now Millennium Chemicals, formerly a division of LyondellBasell, the latter of which recently emerged from Chapter 11 bankruptcy.[9]
- Laclede Gas Company, still in operation as the Laclede Group, Inc., removed from the Dow Jones Industrial Average in 1899.
- National Lead Company, now NL Industries, removed from the Dow Jones Industrial Average in 1916.
- North American Company, an electric utility holding company, broken up by the U.S. Securities and Exchange Commission (SEC) in 1946.
- Tennessee Coal, Iron and Railroad Company in Birmingham, Alabama, bought by U.S. Steel in 1907; U.S. Steel was removed from the Dow Jones Industrial Average in 1991.
- U.S. Leather Company, dissolved in 1952.
- United States Rubber Company, changed its name to Uniroyal in 1961, merged with private B.F. Goodrich in 1986, bought by Michelin in 1990.
When it was first published in the late 1890s, the index stood at a level of 40.94, but ended up hitting its all-time low of 28.48 during the summer of 1896 during the depths of what later became known as the Panic of 1896. Many of the biggest percentage price moves in the Dow occurred early in its history, as the nascent industrial economy matured. A brief war in 1898 between the U.S. and the Spanish Empire might have only had a minor impact in the Dow's direction.[citation needed]
The decade of the 1900s would see the Dow halt its momentum as it worked its way through a pair of cataclysmic financial crises; the Panic of 1901 and the Panic of 1907. The Dow would be stuck in a trading range of between the 50 and 100 point levels until late 1909. The negativity surrounding the 1906 San Francisco earthquake did little to improve the economic climate. International disturbances such as the Russo-Japanese War were few and far between and seemed to have little if any influence on the Dow. The average would end off the decade near the vicinity of the 100 point level.[citation needed]
At the start of the 1910s, the decade would begin with the Panic of 1910–1911 stifling economic growth for a lengthy period of time. History would later take its course on July 30, 1914; as the average stood at a level of 71.42 when a decision was made to close down the New York Stock Exchange, and suspend trading for a span of 4½ months. Some historians believe the exchange closed because of a concern that markets would plunge as a result of panic over the onset of World War I. An alternative explanation is that the Secretary of the Treasury, William Gibbs McAdoo, closed the exchange because he wanted to conserve the U.S. gold stock in order to launch the Federal Reserve System later that year, with enough gold to keep the U.S. at par with the gold standard. When the markets reopened on December 12, 1914, the index closed at 54, a drop of 24.39%.[10] Also, in trying to explain the huge percentage drop, there was a new recalculation performed on the index in September 1916. Additions to the index raised the number of companies to 20, resulting in a mathematical inconsistency to the average from previous years in the past including 1914.[11] Following World War I, the U.S. would experience another downturn in economic activity in what became known as the Post-World War I recession. The Dow's performance would remain virtually unchanged from the closing value of the previous decade, adding only around 5%, from about the 100 level to 105.[citation needed]
During the 1920s, specifically in 1928, the components of the Dow were increased to 30 stocks near the economic height of that decade, which was nicknamed the Roaring Twenties. The prosperous nature of the economic climate, muted the negative influence of an early 1920s recession plus certain international conflicts such as the Polish-Soviet war, the Irish Civil War, the Turkish War of Independence and the initial phase of the Chinese Civil War. The Crash of 1929 and the ensuing Great Depression returned the average to its starting point, almost 90% below its peak. By July 8, 1932, following its intra-day low of 40.56, the Dow would end up closing the session at 41.22. The high of 381.17 on September 3, 1929, would not be surpassed until 1954, in inflation-adjusted numbers. However, the bottom of the 1929 Crash came just 2½ months later on November 13, 1929, when intra-day it was at the 195.35 level, closing slightly higher at 198.69.[12] For the decade, the Dow would end off with a healthy 173% gain from around the 105 level to a level of 286.
Marked by global instability, the 1930s contended with several consequential European and Asian outbreaks of war, leading up to catastrophic World War II; including the Spanish Civil War, the Second Italo-Abyssinian War, the Soviet-Japanese Border War and the Second Sino-Japanese War. On top of that, the U.S. dealt with a painful recession in 1937 and 1938. The largest one-day percentage gain in the index, 15.34%, happened on March 15, 1933, in the depths of the 1930s bear market. However, as a whole, the Dow posted some of its worst performances, for a negative return. For the decade, the average was down from around the 286 level to 148, a loss of about 48%.
Post-war years[link]
 |
This unreferenced section requires citations to ensure verifiability. |
Post-war reconstruction during the 1940s, along with renewed optimism of peace and prosperity, brought about a 39% surge in the Dow from around the 148 level to 206. The strength in the Dow occurred despite a brief recession in 1949 and other global conflicts which started a short time later including the latter stages of the Chinese Civil War, the Greek Civil War, the Indo-Pakistani War of 1947 and the 1948 Arab-Israeli War.
During the 1950s, the Korean War, the Algerian War, the Cold War and other political tensions such as the Cuban Revolution, as well as widespread political and economic changes in Africa during the initial stages of European Decolonization, did not stop the Dow's bullish climb higher. Additionally, the U.S. would also make its way through two grinding recessions; one in 1953 and another in 1958. A 200% increase in the average from a level of 206 to 616 ensued over the course of that decade.
The Dow's bullish behavior began to stall during the 1960s as the U.S. became entangled with foreign political issues. They included the Bay of Pigs Invasion involving Cuba, the Vietnam War, the Portuguese Colonial War, the Colombian Civil War which the U.S. assisted with short-lived counter-guerrilla campaigns, as well as domestic issues such as the Civil Rights Movement and several influential political assassinations. For the decade though, and despite a mild recession between 1960 and 1961, the average still managed a respectable 30% gain from the 616 level to 800.
The 1970s marked a time of economic uncertainty and troubled relations between the U.S. and certain Middle-Eastern countries. To begin with, the decade started off with the ongoing Recession of 1969–70. Following that, the 1970s Energy Crisis ensued which included the 1973–75 recession, the 1973 Oil Crisis as well as the 1979 energy crisis beginning as a prelude to a disastrous economic climate injected with stagflation; the combination between high unemployment and high inflation. However, on November 14, 1972, the average closed above the 1,000 mark (1,003.16) for the first time, during a brief relief rally in the midst of a lengthy bear market. Between January 1973 and December 1974, the average lost 48% of its value in what became known as the 1973–1974 Stock Market Crash; with the situation being exacerbated by the events surrounding the Yom Kippur War. Although the Vietnam War ended in 1975, new tensions arose towards Iran surrounding the Iranian Revolution in 1979. Other notable disturbances such as the Lebanese Civil War, the Ethiopian Civil War, the Indo-Pakistani War of 1971 and the Angolan Civil War which the U.S. and Soviet Union considered critical to the global balance of power, seemed to have had little influence towards the financial markets. Performance-wise for the decade, gains remained virtually flat, rising less than 5% from about the 800 level to 838.
File:DJIA Black Monday 1987.svg
The Dow fell 22.61% on Black Monday (1987) from about the 2,500 level to around 1,750. Two days later, it rose 10.15% above the 2,000 level for a mild recovery attempt.
The 1980s saw a rapid increase in the average, though severe corrections did occur along the way. The largest one-day percentage drop occurred on Black Monday; October 19, 1987, when the average fell 22.61%. There were no clear reasons given to explain the crash, but program trading may have been a major contributing factor. On October 13, 1989, the Dow stumbled into another downfall, the 1989 Mini-Crash which initiated the collapse of the junk bond market as the Dow registered a loss of almost 7%. However, for the rest of the 1980s as a whole, the Dow made a 228% increase from the 838 level to 2,753; despite the market crashes, Silver Thursday, an Early 1980s recession, the 1980s oil glut, the Japanese asset price bubble and other political distractions such as the Soviet War in Afghanistan, the Falklands War, the Iran-Iraq War, the Second Sudanese Civil War and the First Intifada in the Middle East.
Dot-com boom[link]
 |
This section needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (May 2011) |
The 1990s brought on rapid advances in technology along with the introduction of the dot-com era. To start off, the markets contended with the 1990 oil price shock compounded with the effects of the Early 1990s recession and a brief European situation surrounding Black Wednesday. Certain influential foreign conflicts such as the 1991 Soviet coup d'état attempt which took place as part of the initial stages of the Dissolution of the USSR and the Fall of Communism; the First and Second Chechen Wars, the Persian Gulf War and the Yugoslav Wars failed to dampen economic enthusiasm surrounding the ongoing Information Age and the "Irrational Exuberance" (a phrase coined by Alan Greenspan) of the Internet Boom. Even the occurrences of the Rwandan Genocide and the Second Congo War, termed as "Africa's World War" that involved 8 separate African nations which together between the two killed over 5 million people; didn't seem to have any noticeable negative financial impact on the Dow either. Between late 1992 and early 1993, the Dow staggered through the 3,000 level making only modest gains as the Biotechnology sector suffered through the downfall of the Biotech Bubble; as many biotech companies saw their share prices rapidly rise to record levels and then subsequently fall to new all-time lows.
File:Dow jones.png
A linear chart which approximates the shape of the rise in the DJIA during the 1990s acceleration. From a trading low of under 4,000 in 1990 to above the 12,000 mark in the year 2000 with intermittent slides throughout the decade.
On November 21, 1995, the DJIA closed above the 5,000 level (5,023.55) for the first time. Over the following two years, the Dow would rapidly tower above the 6,000 level during the month of October in 1996, and the 7,000 level in February 1997. On its march higher into record territory, the Dow easily made its way through the 8,000 level in July 1997. However, later in that year during October, the events surrounding the Asian Financial Crisis plunged the Dow into a 554 point loss to a close of 7,161.15; a retrenchment of 7.18% in what became known as the 1997 Mini-Crash. Although internationally there was negativity surrounding the 1998 Russian financial crisis, the Dow would go on to surpass the 9,000 level during the month of April in 1998, making its sentimental push towards the symbolic 10,000 level. On March 29, 1999, the average closed above the 10,000 mark (10,006.78) after flirting with it for two weeks. This prompted a celebration on the trading floor, complete with party hats. The scene at the exchange made front page headlines on many U.S. newspapers such as The New York Times. On May 3, 1999, the Dow achieved its first close above the 11,000 mark (11,014.70). Total gains for the decade exceeded 315%; from the 2,753 level to 11,497.
The Dow averaged a 5.3% return compounded annually for the 20th century, a record Warren Buffett called "a wonderful century"; when he calculated that to achieve that return again, the index would need to close at about 2,000,000 by December 2099.[13] Even during the height of the dot-com era, authors James K. Glassman and Kevin A. Hassett went so far as to publish a book entitled Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market. Their theory was to imply that stocks were still cheap and it was not too late to benefit from rising prices during the Internet boom.
Characterized by fear on the part of newer investors, the uncertainty of the 2000s brought on a significant bear market. There was indecision on whether the cyclical bull market represented a prolonged temporary bounce or a new long-term trend. Ultimately, there was widespread resignation and disappointment as the lows were revisited, and in some cases, surpassed near the end of the decade.
September 11 attacks[link]
The third largest one-day point drop in DJIA history, and largest at the time, occurred on September 17, 2001, the first day of trading after the September 11, 2001 attacks, when the Dow fell 684.81 points, or 7.1%. It should be noted that the Dow had been in a downward trend for virtually all of 2001 prior to Sept 11, losing well over 1000 points between Jan 2 and Sept. 10, and had lost 187.51 points on Sept. 6, followed by losing 235.4 points on Sept. 7.[14] By the end of that week, the Dow had fallen 1,369.70 points, or 14.3%. However, the Dow began an upward trend shortly after the attacks and quickly regained all lost ground to close above the 10,000 level for the year.
During 2002, the average remained subdued without making substantial gains due to the Stock market downturn of 2002 as well as the lingering effects of the Dot-com bubble. In 2003, the Dow held steady within the 7,000 to 9,000 point level range by the Early 2000s Recession, the Afghan War and the Iraq War. But by December of that year, the Dow remarkably returned to the 10,000 mark. In October 2006, four years after its bear market low, the DJIA set fresh record theoretical, intra-day, daily close, weekly, and monthly highs for the first time in almost seven years, closing above the 12,000 level for the first time on the 19th anniversary of Black Monday (1987). On February 27, 2007, the Dow Jones Industrial Average fell 3.3% (415.30 points), its biggest point drop since 2001. The initial drop was caused by a global sell-off after Chinese stocks experienced a Mini-Crash, yet by April 25, the Dow passed the 13,000 level in trading and closed above that milestone for the first time. On July 19, 2007, the average passed the 14,000 level, completing the fastest 1,000-point advance for the index since 1999. One week later, a 450 point intra-day loss, owing to turbulence in the U.S. sub-prime mortgage market and the soaring value of the yuan,[15][16] initiated another correction falling below the 13,000 mark, about 10% from its highs.
On October 9, 2007, the Dow Jones Industrial Average closed at the record level of 14,164.53. Two days later on October 11, the Dow would trade at its highest intra-day level ever, at the 14,198.10 mark.[17] In what would normally take many years to accomplish; numerous reasons were cited for the Dow's extremely rapid rise from the 11,000 level in early 2006, to the 14,000 level in late 2007. They included future possible takeovers and mergers, healthy earnings reports particularly in the tech sector, and moderate inflationary numbers; fueling speculation the Federal Reserve would not raise interest rates. Roughly on par with the 2000 record when adjusted for inflation, this represented the final high of the cyclical bull.
Late-2000s recession[link]
On September 15, 2008, a wider financial crisis became evident when Lehman Brothers filed for Chapter 11 bankruptcy along with the economic effect of record high oil prices which reached almost $150 per barrel two months earlier. The DJIA lost more than 500 points for only the sixth time in history, returning to its mid-July lows below the 11,000 level. A series of "bailout" packages, including the Emergency Economic Stabilization Act of 2008, proposed and implemented by the Federal Reserve and U.S. Treasury, as well as FDIC-sponsored bank mergers, did not prevent further losses. After two months of extreme volatility during which the Dow experienced its largest one day point loss, largest daily point gain, and largest intra-day range (more than 1,000 points), the index closed at a new twelve-year low of 6,547.05 on March 9, 2009 (after an intra-day low of 6,469.95[18] during the March 6 session), its lowest close since April 1997, and had lost 20% of its value in only six weeks. Towards the latter half of 2009, the average rallied towards the 10,000 level amid optimism that the Late-2000s Recession, the United States Housing Bubble and the Global Financial Crisis of 2008–2009, were easing and possibly coming to an end. For the decade, the Dow saw a rather substantial pullback for a negative return from the 11,497 level to 10,428, a loss of a little over 9%.
During the early part of the 2010s, the Dow made a fairly notable rally attempt in the face of growing global concerns such as the 2010 European sovereign debt crisis and the Dubai debt crisis. Although for the most part just a political event, the Dow closed at the 10,785.89 level on March 22, 2010 following the passage of the landmark Patient Protection and Affordable Care Act in Washington. On May 6, 2010, just after 2:30 pm EDT, the Dow Jones Industrial Average plunged by 998.50 points, an intra-day loss of 9.2%. The event later became known as the 2010 Flash Crash or the "Flash Crash".[19] Although there was an immediate recovery, it was the biggest intra-day fall ever. This would have put the trading day as the fifth-worst market sell-off on a percentage basis as well. The Dow bottomed out at 9,869, and then recovered quickly, eventually ending at 10,520.32, a loss of 347.80 points or 3.2%.[19] On February 1, 2011, the Dow settled at the 12,040.16 level, reaching past the 12,000 mark for the first time in over two and a half years.[20] Following negative reaction to news surrounding the United States debt ceiling crisis, the Dow closed in correction territory at the 11,383.68 level, after a 512.76 point drop on August 4, 2011. Later on August 8, following the U.S. Sovereign debt downgrade from Standard & Poor's to AA+ from AAA, the Dow plummeted 634.76 points to close at 10,809.85, its first close under 11,000 since November 2010.[21] On February 28, 2012, the Dow closed above the 13,000 level for the first time since May 19, 2008, settling at 13,005.12. Although the first two months of 2012 were very bullish for the Dow, March and April were slightly more volatile, with the Dow having higher point swings and forming a tight closing range between 12,700 and 13,300. The Dow reached a new closing high of 13,279.32 and an intraday high of 13,338.66 (both reached on May 1), causing it to close at its highest level since December 28, 2007. During the month of May, however, the Dow began a selloff that would take the index from its 13,279.32 high on May 1 to 12,369.38 at the close on May 18, a loss of 909.74 points or 6.8%. As of the close on May 18, the Dow had lost 844.25 points, or 6.4%, for the month of May alone, while the index was still 12.7% below its all-time intraday high of 14,164.53. The losses in May up until that point left the Dow just 151.82 points in positive territory for the year.
Investing[link]
Investing in the DJIA is made widely accessible in equities through exchange-traded funds (ETFs) as well as in derivatives through option contracts and futures contracts.
Equities[link]
Within equities, asset manager SSgA, issue a family of ETFs the SPDRs; one of which attempts to match the daily performance of the index, the DIAMONDS, introduced in 1998 (NYSE: DIA). Another asset management firm, ProFunds, issue other related DJIA ETFs through ProShares such as the Inverse Performance (NYSE: DOG) for a bearish strategy on the average. That is, when the Dow trades in negative territory, the ETF trades higher; thus, making it not needed to sell short if one has a bearish goal in mind.
Due to the advent of pre-market trading, the DIAMONDS ETF provides a very accurate opening value for the average. As an example, if the ETF opens the trading session with a 76¢ loss; then that would strongly indicate roughly a 76-point loss for the Dow within the first few seconds or so, even before all of its components open for trade. Likewise, if the ETF starts the trading session higher by $1.12, then that would signal an approximate gain for the Dow of 112 points at the open, even if some components begin trading at 9:31 am or 9:33 am due to a delay.
Leveraged equities[link]
Profunds also issues the 2x (NYSE: DDM), which attempts to match the daily performance of the DJIA by 200% and the Inverse 2x (NYSE: DXD), which attempts to match the inverse daily performance by 200%. In the case of 2x performance, the ETF increases the buying power by leveraging money without using margin. Currently, there are also 3x performance ETFs issued by ProShares that exist too; which attempt to replicate (300% leverage) against the Dow. For 3x performance, the symbol is (NYSE: UDOW), and for Inverse 3x performance, it is (NYSE: SDOW).[22][23]
Futures contracts[link]
In the derivatives market, the CME Group through its subsidiaries the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT), issues Futures Contracts; including the E-mini Dow ($5) Futures (YM), the DJIA ($10) Futures (DJ) and the Big Dow DJIA ($25) Futures (DD) which track the average and trade on their exchange floors respectively. Trading is typically carried out in an Open Outcry auction, or over an electronic network such as CME's Globex platform.
Options contracts[link]
The Chicago Board Options Exchange (CBOE) issues Options Contracts on the Dow through the root symbol DJX in combination with long term expiration options called DJX LEAPS. Concerning equities, the exchange issues options contracts on Performance ETFs, Inverse Performance ETFs, 2x Performance ETFs, Inverse 2x Performance ETFs, 3x Performance ETFs, and Inverse 3x Performance ETFs.
Calculation[link]
To calculate the DJIA, the sum of the prices of all 30 stocks is divided by a divisor, the Dow Divisor. The divisor is adjusted in case of stock splits, spinoffs or similar structural changes, to ensure that such events do not in themselves alter the numerical value of the DJIA. Early on, the initial divisor was composed of the original number of component companies; which made the DJIA at first, a simple arithmetic average. The present divisor, after many adjustments, is less than one (meaning the index is larger than the sum of the prices of the components). That is:
- Failed to parse (Missing texvc executable; please see math/README to configure.): \text{DJIA} = {\sum p \over d}
where p are the prices of the component stocks and d is the Dow Divisor.
Events like stock splits or changes in the list of the companies composing the index alter the sum of the component prices. In these cases, in order to avoid discontinuity in the index, the Dow Divisor is updated so that the quotations right before and after the event coincide:
- Failed to parse (Missing texvc executable; please see math/README to configure.): \text{DJIA} = {\sum p_\text{old} \over d_\text{old} } = {\sum p_\text{new} \over d_\text{new} }.
The Dow Divisor is currently 0.132129493.[24] Presently, every $1 change in price in a particular stock within the average, equates to a 7.57 (1/0.132129493) point movement.
Assessment[link]
With the current inclusion of only 30 stocks, critics like Ric Edelman argue that the DJIA is not a very accurate representation of overall market performance. Still, it is the most cited and most widely recognized of the stock market indices.[25][26] Additionally, the DJIA is criticized for being a price-weighted average, which gives higher-priced stocks more influence over the average than their lower-priced counterparts, but takes no account of the relative industry size or market capitalization of the components. For example, a $1 increase in a lower-priced stock can be negated by a $1 decrease in a much higher-priced stock, even though the lower-priced stock experienced a larger percentage change. In addition, a $1 move in the smallest component of the DJIA has the same effect as a $1 move in the largest component of the average. The Dow would see the negative effects of this price-weighted average during September–October 2008 with a former component AIG. Before its reverse-split adjusted stock price change, the stock collapsed from $22.76 on September 8 to $1.35 on October 27; contributing to a roughly 3,000 point drop in the index.[27]
As of March 2012, IBM and Caterpillar are among the highest priced stocks in the average and therefore have the greatest influence on it. Alternately, Bank of America and Alcoa are among the lowest priced stocks in the average and have the least amount of sway in the price movement. Many critics of the DJIA recommend the float-adjusted market-value weighted S&P 500 or the Wilshire 5000, the latter of which includes all U.S. equity securities, as better indicators of the U.S. stock market.
See also[link]
- Dow Jones Indexes
- List of largest daily changes in the Dow Jones Industrial Average
- Closing milestones of the Dow Jones Industrial Average
- List of stock market crashes
References[link]
- ^ Sullivan, Arthur; Steven M. Sheffrin (2003). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. pp. 290. ISBN 0-13-063085-3. http://www.pearsonschool.com/index.cfm?locator=PSZ3R9&PMDbSiteId=2781&PMDbSolutionId=6724&PMDbCategoryId=&PMDbProgramId=12881&level=4.
- ^ Berman, Dennis K. and McCracken, Jeffrey (February 11, 2010). "CME Buys 90% of Dow Jones Indexes". The Wall Street Journal. Retrieved February 11, 2010.
- ^ TheStreet Staff (February 11, 2010). "CME Buys 90% of Dow Jones Indexes". TheStreet.com. Retrieved February 11, 2010.
- ^ Dow Jones Indexes Symbols and Components. Dow Jones Indexes. Retrieved March 14, 2010.
- ^ "Dow Jones to change the composition of the Dow Jones Industrial Average" (Press release). Dow Jones. February 11, 2008. http://www.djindexes.com/mdsidx/html/pressrelease/press-release-archive.html#20080211. Retrieved February 11, 2008.
- ^ Browning, E.S. (June 1, 2009). "Travelers, Cisco Replace Citi, GM in Dow". Wall Street Journal (Dow Jones & Company). http://online.wsj.com/article/SB124386244318072033.html. Retrieved June 2, 2009.
- ^ Dow Jones Indexes Website. Dow Jones Indexes. Retrieved March 14, 2010.
- ^ What happened to the original 12 companies in the DJIA?. Dow Jones Indexes. Retrieved March 14, 2010.
- ^ "LyondellBasell to emerge from Chapter 11 at end of month".MarketWatch Retrieved March 14, 2010.
- ^ Dow Jones Indexes Events and Statistics. Dow Jones Indexes. Retrieved March 14, 2010.
- ^ Setting the Record Straight on the Dow Drop. The New York Times. Retrieved March 22, 2010.
- ^ Anderson, Benjamin (1949). Economics and the Public Welfare: A Financial and Economic History of the United States, 1914–1946. LibertyPress (2nd ed., 1979). p. 219. ISBN 0-913966-69-X.
- ^ Buffett, Warren (February 2008). "Letter to Shareholders" (PDF). Berkshire Hathaway. http://www.berkshirehathaway.com/letters/2007ltr.pdf. Retrieved March 4, 2008.
- ^ Dow Jones Industrial Average Historical Prices. Yahoo Finance. Retrieved March 14, 2010.
- ^ McHugh, Robert D. (July 1, 2007). July 26, 2007…Black Thursday?. Gold Eagle Financial News. Retrieved February 14, 2010.
- ^ Murchie, Kay (August 17, 2007). Black Thursday on Stock Market. FinanceMarkets.co.uk. Retrieved February 14, 2010.
- ^ Dow Jones Industrial Average Historical Prices. Google Finance. Retrieved March 14, 2010.
- ^ Dow Jones Industrial Average Historical Prices. Google Finance. Retrieved March 14, 2010.
- ^ a b Paradis, Tim (May 6, 2010). Wall St. rollercoaster: Stocks fall nearly 10 pct. Associated Press. Retrieved May 7, 2010.
- ^ Dow over 12,000 as remarkable bull market rolls on. Yahoo Finance. Retrieved February 2, 2011.
- ^ "Dow posts 6th-biggest point loss". The Jakarta Post. August 9, 2011. http://www.thejakartapost.com/news/2011/08/09/dow-posts-6th-biggest-point-loss.html. Retrieved August 9, 2011.
- ^ IndexUniverse Staff (February 8, 2010). "ProShares Plans More 300% Geared ETFs". IndexUniverse.com. Retrieved February 10, 2010.
- ^ S.E.C. (February 5, 2010). "ProShares Registration Statement". S.E.C.. Retrieved February 10, 2010.
- ^ Dow Jones Industrial Average Historical Divisor Changes. CME Group. Retrieved March 2, 2011.
- ^ Edelman, Ric (December 23, 2003). The Truth About Money 3rd Edition. Harper Paperbacks. p. 126. ISBN 978-0-06-056658-6.
- ^ How Dow Jones Wrecked The Dow Jones Industrial Average. Business Insider. Retrieved March 14, 2010.
- ^ La Monica, Paul (September 15, 2008). Toss AIG from the Dow!. CNN. Retrieved September 21, 2010.
External links[link]
- Official website
- Dow Jones Industrial Average at NASDAQ
- Dow Jones Industrial Average at NYSE Euronext
- Dow Jones Industrial Average at the Chicago Board Options Exchange
- Dow Jones Industrial Average Component Quotes at Yahoo! Finance
- Dow Jones Industrial Average Components - Relative Performance
|
|||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
17% http://wn.com/Dow_Jones_Industrial_Average
Related pages:
http://it.wn.com/Dow Jones
http://es.wn.com/Promedio Industrial Dow Jones
http://ru.wn.com/Промышленный индекс Доу-Джонса
http://fr.wn.com/Dow Jones Industrial Average
http://de.wn.com/Dow Jones Industrial Average
This page contains text from Wikipedia, the Free Encyclopedia - http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
Joseph E. Granville (born August 20, 1923), often called Joe Granville, is a financial writer [1] and investment speaker. He popularized [2] the use of "on balance volume", a technique of technical analysis that attempts to predict future prices of stocks, commodities, and other financial assets traded on financial markets for which historical price and volume information is available.
Granville is probably best known for his bearish market calls during the 1970s, 1980s, and 1990s, when he claimed that the stock market was headed for imminent collapse. His overall track record, according to the Hulbert Financial Digest, is very poor.
The Granville Market Letter "is at the bottom of the Hulbert Financial Digest's rankings for performance over the past 25 years - having produced average losses of more than 20 percent per year on an annualized basis." [3]
Nevertheless Granville was known as a great showman [4] who would emerge from a coffin at an investment conference, or appear to walk across water (at a swimming pool) when meeting clients. According to Robert Shiller in his book Irrational Exuberance[5]
His investment seminars were bizarre extravaganzas, sometimes featuring a trained chimpanzee would could play Granville's theme song "The Bagholder's Blues," on piano. He once showed up at an investment seminar dressed as Moses, wearing a crown and carrying tablets. Granville made extravagant claims about his forecasting ability. He said he could predict earthquakes and once claimed to have predicted six of the past seven major world quakes. He was quoted by TIME Magazine as saying "I don't think that I will ever make a serious mistake in the stock market for the rest of my life," and he predicted that he would win the Nobel Prize in economics.
Yet, Shiller states that Granville's market calls were said by major media sources to have caused large moves in the Dow Jones Industrial Average on April 22, 1980 (+4.05%) and on January 6, 1981.
References[link]
- ^ Joseph E. Granville, Granville's New Strategy of Daily Stock Market Timing for Maximum Profit, Prentice-Hall, Inc., 1976. ISBN 0-13-363432-9.
- ^ Larry Williams, letters to Technical Analysis of Stocks and Commodities magazine, V. 22:3 (10-14), March 2004
- ^ Mark Hulbert, "Gambling on Granville", MarketWatch, March 16, 2005
- ^ Iain Jenkins, International Herald Tribune, June 11, 1994 After Initial Splash, Newsletter Gurus Don't Seem to Last Long
- ^ excerpt at Harvard International Review, Robert Shiller "Exuberant Reporting," Spring 2001.
External links[link]
- The Granville Letter
- On Balance Volume
- Harvard International Review - Exuberant Reporting Media and Misinformation in the Markets
- Journal of Portfolio Management Spring 1982
| Persondata | |
|---|---|
| Name | Granville, Joseph |
| Alternative names | Jo |
| Short description | |
| Date of birth | August 20, 1923 |
| Place of birth | |
| Date of death | |
| Place of death | |
http://wn.com/Joseph_Granville
This page contains text from Wikipedia, the Free Encyclopedia - http://en.wikipedia.org/wiki/Joseph_Granville
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
This article is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License, which means that you can copy and modify it as long as the entire work (including additions) remains under this license.
3:17
Stock Market Crash 2010 The Biggest Drop (Live Coverage)!! Incredible!" "Stock Crash"
StockMarketFunding
Stock Market Crash 2010 The Biggest Drop (Live Coverage)!! Incredible!" "Stock Crash"
www.StockMarketFunding.com "FLASH CRASH!"Stock Market Crash Dow Jones Falls Over 1000 Points United States Economy Flash Crash Stock Market Crash 2010 "Wall Street" 5-6-2010 "Flash Crash" AKA "Fat Finger" "6 May 2010 Stock Market Crash (Live Coverage)!! Incredible!" "Stock Crash" Stock Market Crash at SMF we were Shorting Indexes and Overbought Sectors Stock Market Crash Biggest Stock Market Crash Dow Jones History Stocks set up for huge drop. This is what happens when you get back into bear markets. Stocks can give the move back in 1 day. The Dow Ticker was down almost 1000 points. That's a big shake out! They're probably going to halt trading "Jim CRAMER DOESN'T EVEN KNOW WHAT TO THINK!" "we can't stop the selling" "Take them all out for the big bounce of the bottom!" "CANCEL ALL, CANCEL ALL ORDERS!" "stock market crash" "stock market" short shorting index indexes trading chart education training goldman sectors stocks trade traders S&P spx djia crash stock market 05 may 2010 meltdown dow jones nasdaq s&p cnbc bloomberg jim cramer today 1987 plunge selloff p&g apple black thursday EURO "EURO CRASH" dollar "US dollar" The sub-prime mortgage crisis has led to the bursting of the US housing bubble. What's next? Craig Brockie and New York Times best selling financial author and economic forecaster Robert Prechter share how to survive & prosper in a deflationary depression. Find answers to these questions Bull market boom or bear market bust ahead? Recession or depression <b>...</b>
7:34
Dow Index Online Trend Trading Analysis & Online Trading Strategies
StockMarketFunding
Dow Index Online Trend Trading Analysis & Online Trading Strategies
www.StockMarketFunding.com Dow Jones Today Bear Reversal Weekly Chart Pattern Support Levels Broken Stock Market Decline Dow Jones Nasdaq, S&P 500 Bear Market BEFORE THE BELL US Stock Futures Hit Hard US stocks open sharply Dow Index Online Trend Trading Analys & Online Trading Strategies Follow us on Twitter www.twitter.com Follow us on Facebook: www.facebook.com Online Trading Community: www.dailystockcharts.com Free Trial Signup http Video Alert Signup www.stockmarketfunding.com
8:01
Stock Market Correction Coming Dow Jones S&P; 500 Nasdaq Indexes Screaming Bull Overbought Pt 1
StockMarketFunding
Stock Market Correction Coming Dow Jones S&P; 500 Nasdaq Indexes Screaming Bull Overbought Pt 1
www.StockMarketFunding.com Stock Market Correction Coming Dow Jones S&P 500 Nasdaq Indexes Screaming Bull Overbought Pt 1 SPX S&P 500 Index Technical Analysis Chart Analysis Index Part 1 Live stock market trading video on trends for the S&P 500. We train hedge fund managers on the "stock...
5:01
Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville
SurvivalWithBushcraf
Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville
Dow Jones Industrial To Fall 4000 Points In 2012? - Joseph Granville Jan. 23 (Bloomberg) -- Joseph Granville, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri, for more than 40 years, talks about the outlook for the US stock market. He speaks with Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg) Tuesday, January 24, 2012 Joe Granville Predicts Another Earthquake: "Dow Jones INDU to 8000" Earlier this morning I was told that our most popular post on Monday was "Long-time bear joins bulls: Controversial Joe Granville says Dow could rise 800 points"* from August 2008. Joe was wrong on that one. Here's his latest via BusinessWeek, Jan. 23, 2012: Granville Says Dow Industrial May Drop Toward 8000 in 2012 Joseph Granville, whose "sell everything" call in 1981 sparked a decline in US stocks, said the Dow Jones Industrial Average will drop toward 8000 this year because of waning momentum and volume. "Volume precedes prices," Granville, 88, a technical analyst who has been publishing the Granville Market Letter from Kansas City, Missouri for about 50 years, said in an interview on "Street Smart" on Bloomberg Television. "You are seeing much lower volume. That tells you that prices are going to go much lower, much lower than most people think possible and very few people have projected." The Dow average has gained 4 percent this year to 12708.82 at 4 pm in New York. The Standard & Poor's 500 Index has <b>...</b>
Show more
Add to playlist
Clear
