You have pretty light volume ahead of the Fed meeting. You also had the Dow have one of its best weeks in 15 years last week, so you're going to see some pullback from that. Airlines are down again and it's pressuring the broader market, particularly the Dow. US Airways' filing wasn't a surprise but it still sets a negative tone.
Quotes about dow (16 Quotes)
I think we could see the Dow close at 11,000 and the SP close at 1,300. We could get some bad news but based on what I know right now, I think those are reasonable levels to attain.
Our new conservative 1999 Dow target is 12,00012,300 based solely on the fact that interest rate concerns are behind us for a while and now we have improved earnings expectations ahead of us.
The last time the U. S. went to war with Iraq, the SP dropped by 10 percent, the Dow by 10 percent. This issue is an artificial injection into the economic scenario that is hopefully a one-time affair. But it creates a lot of turbulence and sends people running for cover.
As far as we can tell, confidence now seems to have run a bit ahead of the improvement in the stock market, and the failure of the Nasdaq and Dow to make further progress in recent weeks makes it doubtful that confidence will continue to rise at the May pace. The sharp rise in unemployment is likely to become a negative factor, too.
Right now I think you're in the indiscriminate phase of selling. There's more of (a feeling of) anticipation and paranoia about the possibility that some of the Dow stocks could disappoint even further.
In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.
Wherever you go in Montana, you are going to run into someone who knows Jimmy Dow in athletics.
We had the Nasdaq acting poorly all day, even when the Dow and the SP were doing well all day, ... But breadth has gotten increasingly negative. We are just seeing technical action here and higher oil is just exacerbating the move.
There's a little volatility on the downside ahead of the long weekend, so we're seeing money flowing out of the Dow and selectively going into the tech arena. Industrial stocks are not doing so well.
What we are taking is a Dow Jones industrial average of sexual content.
We're down for three reasons. One, we still have the overhang of supply associated with the February refunding auctions, which were not distributed that well. Two, the early gains in the Dow Jones industrial average have eliminated some support for Treasury.
I don't see anything wrong with spending a lot of money to make big action movies to entertain people. Yet somehow, I come under special scrutiny. I mean, why don't people get upset if Dow spends 300 million to invent some new chemical Audiences like popcorn movies. What's wrong with that.
Historically, you've had one way to do it. You'd go out and buy one share or 100 shares of each of the underlying 30 stocks, and you would have a portfolio that acted like the Dow Jones industrial average,
I mean New York City is the financial capital of the world. It's where all the money passes through, the Dow Jones, whatever, that's where all the money goes.
Another interesting market-timing indicator is found in a recent research paper entitled Congress and the Stock Market ... an astonishing 90 of all the gains in the Dow Jones Industrial Average occurred while Congress was not in session. Dow Jones gains during Congressional sessions have been rare, they typically occurred when Congress had a high approval rating.