However, should the venerable DJIA refuse to yield, the current break may not last long.
The largest one occurred on Saturday, Dec. 12 , 1914, when the DJIA fell 24.39%.
One look at the chart of the DJIA and the story becomes clear: A break?
How many of the original companies in the DJIA are still even in existence?
So, although the DJIA looks to be hanging tough, all may not be well under the surface.
The Dow Jones Industrial Average (DJIA) was up 5.5%, while the Russell 2000 Index (RUT) lost about 5.5%.
FORBES: How To Lose Money Buying Call Options In A Rising Market
After all, the venerable DJIA is a mere 16 points away from the multi-year high it set on Tuesday.
Since then, Woods hasn't won every tournament and the DJIA hasn't risen every trading session, or even every month.
Stocks took a severe hit yesterday with the DJIA dropping to a 7-week low dipping 133.96 points or about 1.3%.
It was a Dow Jones Industrial Average (DJIA) member that had ample resources to invest in the emerging growth market.
FORBES: Winners Shift, Losers Don't - Buy Amazon, Sell Wal-Mart
Then came 2009, a DJIA dipping below 7000 and revelations of a series of extramarital affairs that doomed Woods's marriage.
Futures on the Dow Jones Industrial Average (DJIA) are indicating an opening gain of about 32 points this morning.
FORBES: Greek Bailout Lifts Futures; Wal-Mart, Home Depot, and Kraft in Focus
Consider the performance of the stock market, today the DJIA and SP500 stand about where they did 12 years ago.
The DJIA is up 6.6% since Dec. 31 and has tagged 14, 000, and the last time it hit there was 2007.
FORBES: FOCUS: Stock Market Might Rise A Little Further, But Gains Unlikely To Be Sustainable
They were once components of the DJIA, as in later periods were American Cotton Oil, Baldwin Locomotive, and Victor Talking Machines Inc.
FORBES: Many Stocks Still Slumping Even As Market Nails New Highs
From 1896 the study used the Dow Jones Industrial Average (DJIA) as the market proxy, and other available indexes prior to 1896.
Average dividend payments for companies in the Dow Jones Industrial Index (DJIA) are at least 100% higher than average one-year CD rates.
And it was hard to miss the applause for new multiple Dow all-time highs posted this week, with the DJIA closing at 14397.07.
FORBES: 'Is Google The New Apple?' (And Other Quotes Of The Week)
Currently, the average dividend yield for the stocks that pay a dividend in the DJIA is 2.82%, while 10-year Treasuries are yielding below 2.4%.
FORBES: How to Protect Your Portfolio from Rising Interest Rates
For instance, 23% of the stocks that were in the DJIA in 1999 were no longer in that index by 2004, just five years later.
FORBES: Many Stocks Still Slumping Even As Market Nails New Highs
The DJIA actually climbed above 12, 400 in late-morning trading on Friday, but quickly retreated back below 12, 400 and its 2011 closing high by the close.
The DJIA was up over 142 points, almost a full percent.
FORBES: A Great First Week for the Google Trends Market Signal. Next Prediction Here!
Aside from the Dow being price-weighted and therefore near useless as a market barometer the DJIA total return index has also long been above its prior high.
The 5% sell-off over three days last week in the Dow Jones Industrial Average took the DJIA below the closing low for last December of 10285.97.
Some die-hard gold bugs pointed time and again (ahem) to the historical low at 1 ounce for 1 unit of the DJIA back in 1980.
FORBES: Dow Not At New Highs Priced In Gold Or Cost Of Breakfast
The latest report put them at less than 1%, and with that, well more than 100% below the average dividend payment for DJIA companies of 2.8%.
On January 14, 2000 the DJIA was 11, 722.98 and on October 9, 2007 it was 14, 164.53 while on March 9th of this year it was 12, 922.02.
With a much stronger economy in the 1980s, however, the equity markets came to life and the DJIA more than tripled to over 2800 during the decade.
应用推荐