StOTD-4/23/14 Highest Stock Market Peaks Above Long-Term Trend
Today’s ChOTD showed stock market prices vs. their long-term trend. Here are the highest market peaks vs. trend since 1900:
We are using the Dow Jones Industrial Average as the “market” and a regression line as the “trend”. Obviously, 2014 isn’t a peak (yet) but is in the table to illustrate the market’s current heights.
Read more about this in our May Newsletter at www.jlfmi.com.