Over Half of Polled Investors Unswayed by Dow 20,000

This week’s Sentiment Survey special question asked AAII members to explain how, if at all, the Dow’s rise above 20,000 influences their expectations for the stock market. Over half of the respondents said that the Dow’s recent performance has little to no influence on their expectations. Roughly 15% of respondents said that the Dow’s recent…

 

Putting Dow 20,000 Into Context

Trying to put the Dow Jones industrial average’s rise above 20,000 into context is not easy. In the grand scheme of things, 20,000 is no more significant than, say, the first time the index crossed above 19,600 or any other random number. It just feels important and has been getting much attention (not to mention…