DJIA 12.31.2022

DJIA 12/31/2022

I haven’t written on the DJIA year end numbers since 12/31/2019.  Between semi-retirement and the pandemic, the time has flown by.

Where are we at?  Should we be concerned about the stock market?

First of all, I am not a stock broker or a financial advisor, any comments made by me are just observations and not advice.

I have been tracking the annual year end number of the DJIA in my blog since 2010.  I have gathered a lot of data.  I love looking at trends.  I always say numbers tell a story.  So what is the story DJIA is telling us?

In ten years, there has been fantastic growth in the market.  Some real, some just hype.  Many are saying, “oh no my 401k is down”.  The DJIA is down, but look how far you came and is it real?

2013, 2019 and 2021 scared me when the growth was too unrealistic.

2022 does not scare me.  It has gone down but not dramatically.  It is the most it has gone down in a while but still in the single digits in percentage points.

The experts say this is a market correction.  I believe them this time. What we have to watch for is the trend.  I check in with you again next year.

2010         11,5772017       24,824
2011         12,2182018       23,327
2012         13,1052019       28,491
2013         16,5772020       30,606
2014         17,8232021       36,338
2015         17,4252022       33,147
2016         19,9428.8% percentage change from 2021.

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