Thursday, June 3, 2010

June 2010 Stock Market Update

100 Year Dow Chart with 25-Year Moving Average

Dow 25-year moving average graph
Dow 25-Year Moving Average
Note: For a more up-to-date version of the above chart see 2010 Year-end Stock Market Update.

Above is a very long-term chart of the Dow, including the 25-year moving average (click chart to expand); it uses this past month's close for this year's close. It shows that the market rarely falls very far below its 25-year moving average.

May, Year-To-Date & Recovery-To-Date Review
Click here for July update with June, 2010 stock market results

In early March 2009, I posted Dow At 25-Year Moving Average. The Dow continued lower for several more days before bottoming at 6547 on March 9 --