12/31/2014 Dow Jones Industrial Average

12/31/2014 Dow Jones Industrial Average

MY ANNUAL COMMENTS ON THE DJIA The Dow Jones Industrial Average.  First of all I am not a stock broker so these comments are just observations and not advice.  I hope this analysis is refreshing and different from financial analyst.

This comment hasn’t changed since last year.  (If you read my earlier blogs I ask people to not get excited by high and lows of the stock market.) A slow growth is better for the economy on the whole.  The basis for my comment is that most of the previous highs were artificially stimulated by the fraudulent misrepresentation of corporate financial statements.

2010 DJIA was 11,577, 2011 DJIA was 12,218, 2012 DJIA was 13,105, 2013 DJIA is 16,577. 12/31/2014 17,823

Since the numbers have gotten so high, it is better to look at the % of change.

From 2010 to 2011 5.5% change, from 2011 to 2012 7.26%, from 2012 to 2013 21% change, from 2013 to 2014 7% change.

I am glad the rapid increase has slowed down since last year.

The Dow did hit 18,000 but ended the year below 18,000.

Remember my warning that the DJIA shouldn’t double in 10 years.  My ten year marker is 2016 so we have to wait two more years for that analysis.

gerry

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