[quote=edna_mode]I’m curious — why does the DJIA still hold so much sway as a valid metric anymore? It’s 30 stocks; how is such a small sample representative of a country/sector/economic/company/policy/regulatory environment in such a way that you can make decent predictions about anything?[/quote]
I agree – the S&P is a broader index of large cap stocks (by definition.) And therefore more relevant as a metric.
(Looks like we have to wait a bit longer for S&P = 2000. )
