Dow Jones Industrial Average

Additionally, as shown in Table 7.3, the twenty-three companies that constitute the OGI significantly outperformed the Dow Jones Industrial Average, the S P 500, the Nasdaq 100, and the Russell 3000 almost all the time. ... 

Bad as that was, it was nothing compared to the morale the week after July 4, 2002, after The Wall Street Journal reported that Merck had booked 12.4 billion in revenue from its Medco subsidiary over the prior three years that it hadn t actually received. Coming on top of months of corporate scandals, the news sent Merck stock—as well as the Dow Jones Industrial Average, the Standard Poor s 500 stock index, and even the Nikkei Stock Average in Japan—plunging. Merck shares toyed with a five-year low, and the initial public offering of Medco was postponed, then withdrawn. 

Merck stock plunged almost 10 percent. For that matter, the Dow Jones Industrial Average and the S P 500 stock index also slipped a little, and some observers blamed Merck in part for those drops. Analysts do not like to see numbers fall below what they ve counted on. And they especially do not like surprises about falling numbers. 

Included in 30 stocks comprising the Dow Jones Industrial Averages. 

While chemical stocks sold at a significant premium over the Dow Jones Industrial Average, that situation is not true today. It doesn t take long to find that the explanation is poor profit performance, and too often poor profit performance can be traced to price erosion in basic commodities. Hence the need for careful selectivity for capital investment. 

Another issue to address is whether good data fitting implies good modeling. With the data of 2008, let s attempt to use tlie following empirical model for the daily closing values of the Dow Jones Industrial Average (DJIA) ... 

Figure 63 Prediction of the Dow Jones Industrial Average for 2009 with small perturbations of the...

At the end of 2007, and for the third year in a row in 2009, the 25 companies identified by Boston-based AMR Research (2009) as maintaining the top supply chains among the Fortune 500 enjoyed market-beating stock performance, with an average total return of 17.9% compared with 6.4% for the Dow Jones Industrial Average. 

The Good Money averages include (as far as is possible) the same number of companies within the same industrial sectors as those in the Dow Jones Averages. This selection takes account of additional criteria of an environmental nature such as for example [10] ... 

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