Saturday, December 19, 2015

Keeping Up With The Dow Joneses: Faking It Is A Full Time Job

The Dow is down -4% on the year. It's at a level first reached in July 2014.

The Dow is currently at 17,128, having traversed 49,561 points year to date. Yes, you read that right. Adding up the daily high-low range equals almost 50,000 Dow points.

In other words, the Dow has traversed 290% of its current value mid-year, to end up -4% lower.

Burning money. Literally
Price / volume:

NYSE Up volume / total volume: