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Al_Dente wrote:Asked once before, will try again:
What is the math for that ““adding about 32 points to the price of the Dow””?
QED wrote:Al_Dente wrote:...What is the math for that ““adding about 32 points to the price of the Dow””?
I could be wrong, but perhaps since (as of yesterday) NKE was weighted as 1.71% of the DJIA:
http://indexarb.com/indexComponentWtsDJ.html
then 1.71 x 8.8% (approx increase today) = .15%
DJIA (today) = ~ 21,346 x .15% (from above) = ~ +32.12
My best guess …![]()
fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …
Daniel wrote:fehro wrote:Huge Bond action last few days… and bonds could break down VERY hard.. question is where does the money go? .. DXY USDollar AND …
Maybe the Euro? Eur/Usd at or near a 52 week high.
fehro wrote:as per usual..very quiet Friday before a long weekend.. mind the late hour move by a hedge fund.. near EOD .. sneak attack![]()
when everyone is gone for the weekend.
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Inside days.. "nothing burgers" for the long weekend![]()
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