Mid-term Indicant-DJIA-1953-1957

Dow Jones Industrial Average History

Scroll down for links and comments

At bear signal #01 on Nov 23, 1956 when the Dow fell below the Mid-term bullish red curve for the first time in several years, the Indicant account value crossed above $1,000,000 for the first time. Buy and holders at that time did very well themselves. However, the Indicant account balance was at a 1,664.5% performance advantage over buy and hold at time.

Interestingly, a buy and hold strategy had to wait 25-years just to break even in 1954 from their 1929 stock market investment.

President Eisenhower endured a classical post election year bull in 1953 and again in 1957.

However, the stock market was a good place to invest in during his tenure. He played a lot of golf. He was a military person and did not meddle with economic issues too much. Congress, for the most part, did the same. The 1950's were a relatively happy time. One can hear it in the evolving music during that time, where artistic creativity was heightened.

As you can see, the stock market did a good job identifying recessions ahead of their actuality.

Click here to view the Dow Jones Industrial Average and other years of interest.

Click to return to all index tours.

Click here to understand charts, trip lines, and signaling rules

Click here for current status

©All material contained in this Web site is copyright protected. Any redistribution of any information in this Web site is expressly prohibited unless written authorization is granted by the publisher of Indicant.Net.

- **** - -*****-