Tag Archives: Dow Jones Industrial Average

Despite The Assumed Causes Stock Market Correction Still Within Normal Bounds

After a long period of low volatility a correction feels like a crash but at this point it is within normal bounds.

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An Unprecedented Move To Financial Crisis Lows

The average RSI(14) of Dow 30 stocks fell from a high of about 69 to a low of 34 in six days. This is a violent correction but at the same time it offers hopes of partial recovery at least … Continue reading

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Dow Jones Industrial Average Longer-Tern Returns In Mean-Reversion Mode

The Dow Jones Industrial Average is gaining nearly 13% year-to-date on a total return basis with longer-term returns showing a mean-reverting tendency. According to this analysis and assuming mean-reversion persists, this index could rise anywhere up to 35% in the … Continue reading

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Dow Theory Myth

Hello, this is 2017, as far as I can tell although at times it’s difficult to follow the arrow of time when reading social media posts about the markets. Some people still rely on stock market theories developed in the … Continue reading

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Dow Jones Should Be At 30000

The mainstream financial media recently compared the 18 year period it took for Dow Jones to grow from 10,000 to 20,000 to the 85 or so years it took for a ¬†rise from about 60 to 10,000 and argued that … Continue reading

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