Dow is the new NASDAQ?

People use a lot of tech at home, our company is also buying 1000s of new laptops to enable work from home - so why is the NASDAQ gain 1/2 that of the Dow? Seems ridiculous to me.

Is there news or some party staging an end of day attack program?

Boeing resuming production of their deadly plane - nope can't be it. It has to be the billions in bailout. The last minute end of day selloff attributed to the Corona bill snag - but the Zero Hedge article was released at 1:37pm - why after it was known did the market recover and hours later change its mind? Because whoever did it wanted it to sit in your mind over night.

BTW if I was a company exec at a Dow index company, I would reverse split my stock like crazy so I had $1000 a share - I would control it, the dumbest index in terms of valuation method.

Edited by gm_general, 25 March 2020 - 03:23 PM.

Boeing resuming production of their deadly plane - nope can't be it. It has to be the billions in bailout. The last minute end of day selloff attributed to the Corona bill snag - but the Zero Hedge article was released at 1:37pm - why after it was known did the market recover and hours later change its mind? Because whoever did it wanted it to sit in your mind over night.

 

BTW if I was a company exec at a Dow index company, I would reverse split my stock like crazy so I had $1000 a share - I would control it, the dumbest index in terms of valuation method.

Sorry but i can't resist, the only thing that ZH does these days is peddle gold to their octogenarian readers who think they live in 1930s Germany under leadership of their beloved psychotic leader.

Edited by linrom1, 25 March 2020 - 03:54 PM.

 

Boeing resuming production of their deadly plane - nope can't be it. It has to be the billions in bailout. The last minute end of day selloff attributed to the Corona bill snag - but the Zero Hedge article was released at 1:37pm - why after it was known did the market recover and hours later change its mind? Because whoever did it wanted it to sit in your mind over night.

 

BTW if I was a company exec at a Dow index company, I would reverse split my stock like crazy so I had $1000 a share - I would control it, the dumbest index in terms of valuation method.

Sorry but i can't resist, the only thing that ZH does these days is peddle gold to their octogenarian readers who think they live in 1930s Germany under leadership of their beloved psychotic leader.

 

Zerohedge purposefully pumps outlandish stories because that's what gets them attention and visitors. You should view most of their content as entertainment.
 

I don't think I was trying to tout Zero Hedge which is in an orgy of doom now. But they do tend to report breaking news rather quickly. My frustration is that I rotate between various products with leverage and each one I try seems to peter out specifically when I am owning it. I guess they all do that at one time or another.