The Dow
closing on 2/28/20 was 25,409.36, down from 25,983.94 on 12/31/19, showing a loss of 574.58. This is the
real loss we had on the Dow.
The Dow spike to a
record high of 29,551.42 on 2/12/20, signaling the promise of
a Dow 30,000, but it didn’t happen.
The
Dow loss from the 2/12/20 high of 29,551.42 to the 2/28/20 low of 25,409.36 was
4,142.06. This is the erasure of the Dow
spike.
The
continued buying of Dow stock in January and February of 2020 may have been
from new foreign investors and new US investors, but the hype over the
Coronavirus focused investors on the costs of moving Chinese subsidized
manufacturing from China. This may require another lowering of the US corporate
tax closer to 15%.
Dow
2020 Average Closing is listed below.
2/28/20 25409.36
2/27/20 25759.69
2/26/20
26957.59
2/25/20 27081.36
2/24/20
27960.80
2/21/20
28992.41
2/20/20 29218.98
2/19/20
29348.03
2/18/20
29232.19
2/14/20 29398.08
2/13/20 29423.31
2/12/20
29551.42
2/11/20
29276.34
2/10/20
29276.82
2/7/20 29102.51
2/6/20 29379.77
2/5/20 29280.85
2/4/20 28807.63
2/3/20 28399.81
1/30/20
28859.44
1/29/20
28734.45
1/28/20 28772.85
1/27/20
28535.80
1/24/20
28989.73
1/23/20 29160.09
1/22/20
29186.27
1/21/20
29196.04
1/17/20
29348.10
1/16/20 29297.64
1/15/20
29030.22
1/14/20
28939.67
1/13/20
28907.05
1/10/20
28823.77
1/9/20 28956.90
1/8/20 28745.09
1/7/20 28583.68
1/6/20 28703.38
1/3/20 28634.88
1/2/20 28868.80
Dow Average by Year
Year Ave Close
Year Close
2019 25,524.85 25,983.94
2018 25,046.86 23,327.46
2017 21,750.20 24,719.22
2016 17,927.11 19,762.60
2015 17,587.13 17,425.03
2014 16,777.69 17,823.07
2013
15,009.52 16,576.66
2012
12,966.44 13,104.14
2011
11,957.57 12.217.56
2010 10,668.58
11,577.51
2009 8.885.65
10,428.05
2008 11,244.06
8,776.39
2007 13,178.26
13.264.82
2006 11,409.78
12,463.15
2005 10,546.66
10,717.50
2004 10,315.51
10,783.01
2003 9,006.64
10,453.92
2002 9,214.85
8,341.63
2001 10,199.29
10,021.57
2000 10,729.38
10,787.99
Norb
Leahy, Dunwoody GA Tea Party Leader
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