Dow Jones Average Questions
How was the Dow Jones Industrials average originally calculated? How was the Dow Jones Industrials average originally calculated? When it first came out, what stocks were used and what was the formula? What I really want to know is if I used the same formular on the same stocks today, what would the Dow Jones Industrials Average really be?
What does the Dow Jones Industrial Average mean? Take this one for example: Dow Jones Industrial Average 8,629.68 +64.59 / +0.75% What does it mean? If I were an investor in the company or thinking about investing then how would it apply to me? Thanks in advance. BTW I don't know anything about stalks. 8,629.68 what? and +64.59 what?
What is the Dow Jones Average counting? I know the DJIA and NASDAQ are indexes and averages. But: what do the total numbers stand for?. The DIJA is 8,000, 9000, 12,000 of WHAT? Is it dollars? Is it number of shares? Is it something else? Please help... this has baffled me for years!
Is the Dow Jones Average a good barometer of our economy? I often answer my own questions, so spare me what I already know! :) No. The Dow Jones Average is 30 stocks (there's tens of thousands) chosen at random, and they then project the *average* that we hear on tv and in the papers. S&P 500 is (duh) 500 stocks chosen at random, then a market-wide average is projected. And then there's the Russel 2000. I'm sure you already know how many stocks they use for the average. So you see, the Dow Jones means very little about our economy. What's more accurate is how our currency does against the world currency. We're at an all-time low USD against the Euro. 15 year low USD against the British Pound. (I tutor for $25/hr!)
Do you measure the economy by the Dow Jones Average? Just curious...the job losses for the month of April will be released on May 8th,2009 and early projections are somewhere between 640,000 and 680,000. This would bring the total of job losses to about 6.5 million since January of 2008 and the 16th straight month of losses. I'm just curious as to where this "glimmer of hope" is...so back to my question. How is it measured?
Two questions on Dow Jones Average? Any remember it when it was below thousand? Might anyone know of anyone with hobby of figuring out what average would be if stocks replaced in last twenty years were still listed, and not talking insolvent bankrupts?
Should GM be removed from the DOW Jones Industrial Average? I just don't get it, the DOW companies are supposedly the leaders in their industry, most profitable, stable companies. GM's getting beaten by Toyota (TOY) and Honda isn't far behind (HMI). I understand why AIG is being removed from the Index I don't know much about Honeywell (which is probably why it's being removed), but why did GM stay on when it's no longer a market leader? Personally I think it should get the boot. Correction Toyota is TM, and Honda is HMC.
Could the Dow Jones Industrial Average be fictional? What with sophisticated computer programming and hidden geo-political agendas nowadays, is it at all POSSIBLE that the DJIA and other stock indices are rigged...to mask a technically bankrupt society? If such manipulations were done, would theose who orchestrated the scam be heroic, if a Great Depression, anarchy and chaos were avoided successfully? Dishonesty permeates all human activity. This is a serious question. Please answer if such a rigging is possible. The news media is filtered greatly...why not pull "digital strings" on the major markets?
Dow Jones Industrial Average Day Trading Tricks? What are the tricks to spotting the high point and low point of the day for the Dow Jones Industrial Index. What times during the day are good buying times and what times in the day are good selling times? Any suggestions or any useful information would be much appreciated.
Dow Jones Industrial Average question? In one year, the Dow Jones Industrial Average increased from 3,945 to 4,386. What percent increase does this represent to the nearest tenth of a percent?
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