This Element is an excerpt from The ETF Trend Following Playbook: Profiting from Trends in Bull or Bear Markets with Exchange Traded Funds (ISBN: 9780137029013) by Tom Lydon. Available in print and digital formats.
Identifying market trends: what you can (and can’t) learn from the major market indexes.
Hunting for trends? An easy way to start is with the U.S. major market indexes. The Dow Jones Industrial Average (DJIA), the barometer for the U.S. equity markets, is monitored by investors worldwide. But it’s only 30 stocks—far from diversified. For a better representation of U.S. stocks, you might pick the S&P 500 or Russell 2000.
- ISBN10 0137068824
- ISBN13 9780137068821
- Publish Date 15 February 2010
- Publish Status Active
- Publish Country US
- Publisher Pearson Education Limited
- Imprint Addison Wesley
- Format eBook
- Language English