Dow Jones Industrial Average

When The Dow Jones Industrial Average was created in 1896, Charles Dow had nothing more than a piece of paper and pencil to mark down all of his calculations. The calculation method that he devised involved an average of 12 different stock pricings then the average would be divided by that same number in order to reveal the industrial average result. This method which was made simple is now the national model for all industrial averages used within the nation’s stock market tallies. Another individual named Pop Harris was the official tally man for the New York stock exchange market system, making all averages final for decades up until 1963, he represented the last of the manual calculators for the DJIA. Since the 70’s computers have made…

the stock market. The article in Fortune deliberates how the stock markets will perform based on the “Super Bowl predictor”—a theory popularized by the stock analyst Robert H. Stovall, after sportswriter Leonard Koppett first discovered that the subdivisions in which the Super Bowl winners belonged to, correlated with the rise or fall of the “Dow Jones Industrial Average” the concurrent year (Fortune). Similarly, the article by The Telegraph assesses the phenomenon…

Speculators who hadn 't lost all their money in the crash couldn 't resist buying stocks while the prices were so low. Feeling this was their chance, many poorer people who couldn 't usually afford to invest showed up at brokers offices eager to buy. Unfortunately this recovery was short lived. Less than a month later, the stock market again took a turn for the worse. The Dow fell once again, erasing almost all its gains since 1928.20 Many speculators, previously some of the wealthiest people in…

I- Introduction On October 19th 2000, Jack Welch, CEO of General Electric (GE), one of the three leading global manufacturers of airplane engines, announced the $42 billion merger “General Electric 2000 Merger Sub, Inc.” with Honeywell (HON), a rival industrial conglomerate. GE is an American multinational conglomerate corporation headquartered in Fairfield, Connecticut. It is the only company listed in the Dow Jones Industrial Index today that was also included in the original index in 1896.…

Bonds as fast as they could be printed (Blumenthal). While this was exactly what America needed to do at the time these saving practices carried over even after the war was over. The American people began to look for other opportunities to invest their money and the brokers of the New York Stock Exchange were happy to accommodate them by showing them exactly where they could invest it. The loose credit policies of this time mixed with the increased interest in the stock market were the perfect…

Introduction to 3M Corporation 3M Corporation is an industrial conglomerate that develops products which serve propose in a variety of industries. The original function of 3m was mining. Founded in 1902, 3M was originally known as the Minnesota Mining and Manufacturing Co. This firm’s main function was to harvest the mineral corundum, extremely hard aluminum oxide. This mineral is found in a crystalline form. Some precious stones such as rubies and sapphires are some types of corundum. 3M mined…

liquidity and participation of investors in the exchange market because of the lower execution and information sharing costs. On the other hand, some of the critics of automation discuss that a fully automated exchange market could reduce the efficiency of markets eventually since in reality markets still need human interventions to act efficiently. They also claim that the lower cost of executing security trade transactions would attract more noise-traders to the market. The discussion of…

current market trends and interested buyers. If your home has been renovated or updated, both of these are attractive features to today’s buyers and add to the value of the home – translation higher selling price. Just be sure to get at least 6 months of comps from the San Mateo MLS for accurate market conditions. Market Trends It pays to do the footwork a realtor normally does to keep up with a market this active. The current market trend for San Mateo appears to be in the sellers favor with…

under his father in a small business in New York City. He eventually worked his way up through the ranks of his Father's company and expanded his own business empire. As his life went on, Trump found his own new passion- reality TV. In 2004 Trump appeared in a show called The Apprentice. In this show, people competed through various competitions with the hope of eventually becoming Trump's "employee". Trump's life experiences prove him to be an experienced and wise-minded entrepreneur,…

The Birth of Bull and Bear Markets as Financial Terms The terms, "Bull," and "Bear" for the state of the market are inspired by the typical way in which these two animals attack in real life scenarios. The bull is generalized to attack by forcing its horns up into the air, symbolizing the upward trend of a bull market. In contrast, the bear is generalized to swing its paws down upon its prey; thus serving as a symbol for downward trends. Stock market conditions are defined commonly either by…