Comment by JumpCrisscross

Comment by JumpCrisscross 3 days ago

2 replies

> wouldn’t compare any stock to DJT. MAGA voters value signaling, institutional investors playing games, foreign governments laundering money to the campaign, primary shareholder prepping for exit

You’re right for the wrong reasons. (EDIT: I'm wrong for no reason.)

Dow Jones is obsolete [1]. Its value is in its brand, i.e. other people look at it.

The other factors you mention are noise. Relevant to a trader or market maker with infintessimal time horizons. But irrelevant to an investor thinking even in months. The American markets are simply too deep. The totality of dollars at work by MAGA voters, game-playing hedge funds and money launderers--through the stock market--is negligible. (Lots of political tea-leave reading funds have been attempted. Zero prevail.)

[1] https://retirementresearcher.com/why-the-dow-doesnt-work/