Even though the Dow was down by 12 points today, it’s beginning to look increasingly likely that we’ll see a new all time high for the index in the not too distant future. The previous all time high was at … Continued
Bank of America was up 108% last year to lead all members of the Dow. Amazingly, one can argue that even after the 100% return, BAC is still cheap though. The stock trades at a little over 0.5x book value, … Continued
After today’s selloff, the S&P 500 is up 7.8% for the year (ex-dividends) while the Dow is only up 2.9%. This means that the S&P 500 is outperforming the Dow by 490 bps, which seems like a lot given that … Continued
Near the midpoint of the month, the Dow is currently up 1.78% for September. If the index holds up and ends September in the green, it will mean that the average has risen in 8 out of 9 months in … Continued
Aaaaaand we’re back. Now that we’re past labor day, the summer of 2012 is (unofficially) over. Kids are headed back to school and everyone else back to work. For the market, the transition to fall has historically made for a … Continued
After today’s fall, the Dow has been down more than 100 points the last three consecutive trading days. Below is a chart of the Dow showing the other times that this has happened.