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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,261.53
(
0.77%
)
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Miracleman 1

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Miracleman 1

Re: Pennylanepam post# 12919

Thursday, 07/23/2015 6:53:36 PM

Thursday, July 23, 2015 6:53:36 PM

Post# of 39190
Sorry I forgot, capped market refers to indices like NASDAQ, S&P and DJIA. Many analysts have written that the DJIA is considered capped around $19,142. It looks to certainly bear merit. If you take the 30 Companies that make up the DJIA and chart daily pps, very few hold gains more than 3 days now. AAPL and MSFT make up 61% of the DJIA in terms of impacting the daily ups or downs of the DJIA because of their enormous market cap.

I don't receive any compensation for my posts and all of my posts are only my opinion and should never be used to influence buying or selling of any security

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