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Posted: 2/21/2024 5:00:17 PM EDT
Interesting. Not surprising. Will replace Walgreens. Last change to the 30 stonks index was 2020.

https://www.cnbc.com/2024/02/20/amazon-to-replace-walgreens-in-dow-industrial-average-on-february-26.html
Link Posted: 2/21/2024 5:01:01 PM EDT
[#1]
I hate the Dow Jones so much.

I wish they would just stop reporting it and focus on the S&P 500 and/or Nasdaq.
Link Posted: 2/21/2024 5:05:15 PM EDT
[#2]
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Quoted:
I hate the Dow Jones so much.

I wish they would just stop reporting it and focus on the S&P 500 and/or Nasdaq.
View Quote


I pay zero attention to Dow. I’m just surprised it took this long
Link Posted: 2/21/2024 5:05:16 PM EDT
[#3]
That's one way to make it look like the market is doing better.
Boost numbers with Fake Chineseium.
Link Posted: 2/21/2024 5:06:25 PM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I pay zero attention to Dow. I’m just surprised it took this long
View Quote


It is by design a totally nonsensical reporting on how the "market is doing"

Weighting by market cap?

LOL

Weight by stock price?

LMAO.

Bitcoin would almost be a better indicator than the dow.

At least it tells us organized crime is up.
Link Posted: 2/21/2024 5:08:00 PM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
That's one way to make it look like the market is doing better.
Boost numbers with Fake Chineseium.
View Quote


Yes yes.  Everything is fake and gay.
Link Posted: 2/21/2024 5:08:04 PM EDT
[#6]
I can see why Walgreens got pulled.  Too much brazen theft thanks to soft on crime DA and petty thefts limits raised to higher figures (used to be $399 and now it's $999).  Amazon porch pirates aren't as effective in inteferring with commerce like shoplifters are.
Link Posted: 2/21/2024 5:08:16 PM EDT
[#7]
What would the Dow be if they had the original 30 ?
Link Posted: 2/21/2024 5:12:01 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
What would the Dow be if they had the original 30 ?
View Quote


Ask Woolworth and Wright Aeronautical.
Link Posted: 2/21/2024 5:24:15 PM EDT
[#9]
Cnbc ad when clicking link for joining some club led apparently by jim kramer. New member offer of 150 bucks for 6 months or a year at 400 bucks.
If I wanted to lose money I'd roll the car window down and toss cash out the window.
Link Posted: 2/21/2024 5:29:48 PM EDT
[#10]
Yuck.
Link Posted: 2/21/2024 6:00:23 PM EDT
[#11]
The DOW made sense back in the day when you had to figure it with pencil and paper.  Can you imagine calculating the S&P 500 that way?
Link Posted: 2/21/2024 6:12:01 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The DOW made sense back in the day when you had to figure it with pencil and paper.  Can you imagine calculating the S&P 500 that way?
View Quote


The good old days that I grew up in.

Louis Rukeyser: Before the Crash - Wall Street Week (1987)

After the Crash - Part 1 - Wall Street Week Oct. 23, 1987

After the Crash - Part 2 - Wall Street Week Oct. 23, 1987
Link Posted: 2/21/2024 6:12:13 PM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
The DOW made sense back in the day when you had to figure it with pencil and paper.  Can you imagine calculating the S&P 500 that way?
View Quote


Why people pay attention to the djia is beyond me.
Link Posted: 2/21/2024 6:17:21 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Why people pay attention to the djia is beyond me.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
The DOW made sense back in the day when you had to figure it with pencil and paper.  Can you imagine calculating the S&P 500 that way?


Why people pay attention to the djia is beyond me.


Nostalgia
Link Posted: 2/21/2024 6:21:19 PM EDT
[#15]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Why people pay attention to the djia is beyond me.
View Quote

It was a lot worse when I was young.  At least people recognize that there is an S&P 500 these days.  When I was in my 20s the Dow was all they talked about.
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