Monthly Market Muhsings - August 2020
Markus Muhs - Sep 02, 2020
Why "the Dow" is not a relevant measure of stock market performance
“11,000 points gained in the Dow in the 3 years since the Election of President Trump. Today it may hit 29,000. That has NEVER happened before in that time frame. That has added 12.8 Trillion Dollars to the VALUE of American Business.” @Varneyco @FoxNews The best is yet to come!— Donald J. Trump (@realDonaldTrump) January 10, 2020
Stock Market up BIG, DOW crosses 25,000. S&P 500 over 3000. States should open up ASAP. The Transition to Greatness has started, ahead of schedule. There will be ups and downs, but next year will be one of the best ever!— Donald J. Trump (@realDonaldTrump) May 26, 2020
*Capitalization-weighted, as opposed to equal-weighted or any other type of weighting, means that companies are weighted in the index calculation by their actual size. The largest company has the largest weight and so on. Effectively, the S&P 500 sums up the market capitalizations of all companies (ie: 2.2 trillion for Apple, 1.6 trillion for Amazon, 1.6 trillion for Microsoft, etc) and divides that massive number of nearly $30 trillion by some kind of divisor to get a 4 digit number, like 3500, that fits a little better onto a table.