Dow Jones Industrial Average Preparing to Outperform S&P 500
The chart included here is a monthly bar chart of the Dow Jones Industrial Average. Each market average is currently overextended.
Since December of 2022, the Dow Jones has under-performed the S&P 500. As of this writing, the Dow Jones is once again set up to potentially outperform the S&P. The last time this happened was January of 2022.
Although the Dow may be set to outperform soon, it doesn’t mean holding stocks in the Dow will guarantee profits. In a correction environment, any “out-performance” of the S&P will simply mean you’ll lose less holding Dow Jones stocks than had you invested in S&P 500 stocks or a S&P 500 pegged index like the SPY ETF. You’ve been warned!
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