When is the Dow going to end?
Posted October 04, 2018 08:04:18A lot of people have been wondering when the Dow is going to go through the “honeymoon” phase of its existence, which is defined as a period in which a stock goes through a period of relatively stable prices and a “hobby” phase that lasts a little longer.
On Monday, the Dow hit an all-time high of 19,908.70, its highest in more than six years.
The index has been hovering around the 20,000 mark for more than a year now, and is now trading at a new record high of 26,814.10.
This is a milestone for many investors.
They can expect to see the stock market hit its highest levels for a few more months, and the markets price could come down for a while.
However, as this chart shows, it is likely to take a while for stocks to return to their long-term trend.
At the end of this week, the S&P 500 is expected to gain 4.4% and the Nasdaq Composite is expected gain 4%, with the Dow Jones Industrial Average (DJIA) gaining 0.6% and S&P 500 index falling 1.2%.
The chart below shows the Dow and S, and its daily percentage change over the past year.
The chart shows that the Dow has been on a steady upward path for the past four years, but that this trend is coming to an end.
While it is not quite as dramatic as the one above, this chart demonstrates that stocks are not going to return into a period where they are trading at or near their all-too-familiar highs anytime soon.
As we look at the past five years, the trend is still very clear.
The Dow is trading at highs of 20,001.74, and now it is at a record high.
There is still a long way to go for the stock markets to return back to its long-standing highs.