Happy 129th Birthday, Papa Dow(May26 1896)

Tiger_Chart
06-03

Happy birthday to the Dow Jones Industrials index $Dow Jones(.DJI)$ that just turned 129 years old last week

It closed last week at 42,270.07, well above the 40.94 it started at 129 yrs ago despite spanish flu, 2 world wars, a great depression, a great financial crisis, a dot com crash , a global pandemic etc

That’s over 103,000% capital gain and over 10% annualised return ( including dividends).

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The $Dow Jones(.DJI)$ a significant landmark in the financial world, has weathered 129 years of ups and downs. It started at 40.94 a century and a quarter ago and closed last week at 42,270.07.

The $S&P 500(.SPX)$ ’s “birthday” can be traced back to March 4, 1957, when it was officially launched. However, its historical data can be traced back to January 3, 1928, its first pricing day. The base period for the S&P 500 Index is from 1941 to 1943, starting at 10.

The $NASDAQ(.IXIC)$ Stock Market officially began trading on February 8, 1971, marking the birth of the world’s first electronic stock market. On January 31, 1985, the $NASDAQ 100(NDX)$ was officially launched, representing the performance of the 100 largest non-financial companies listed on NASDAQ.

Hey, Tigers, do you remember the date of your first trade in US stocks?

May is Done! How Do You Expect June Movement?
S&P 500 has risen 6.15% this month, marking its best monthly gain of the year. After April’s sell-off and May’s surge, did you make any money? There’s a saying: “Sell in May and go away.” Will you follow it? Interestingly, the market clearly ignored that advice last year. However, June hasn’t historically been a standout month in terms of performance. Historically, the market has NEVER made the top for the year in the month of June. (since 1980) Will you continue to hold or take profits? Will June defy seasonal patterns, or see a temporary cooldown?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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