April 17, 2015 – “Stock Market Checkup”

April 17, 2015

Stock Market Checkup

Today the markets are freeking out, (see this Youtube video) so it’s time for a checkup…

Here’s the figures Year to date (YTD) as of today at 12:15pmCT…

DJIA +0.19% YTD (matched by ETF ticker DIA)

S&P500 +1.19% YTD (matched by ETF ticker SPY)

S&PMidCap400 +4.39% YTD (matched by ETF ticker MDY)

Russell 2000 +4.00% YTD (matched by ETF ticker IWM)

Nasdaq Composite +4.22% YTD (matched by ETF ticker ONEQ – beware of low volume and low assets under mgmt. with this ETF)

Nasdaq 100 +2.84% YTD (matched by ETF ticker QQQ)

My “crystal ball” tells me that this means the DJIA is the best choice, since it’s lagging.  Also, I like the DJIA because it has the lowest PE Multiple of all the averages at 16.03, and the DJIA has a 2.28% dividend yield.  Other market indices in the US have PE Multiples of 20 to 22, and lower dividend yields.

Here’s the performance through Friday, April 17, 2015, at roughly 12:15pmCT

PE Multiples & Index Yields on Friday, April 17, 2015

Andrew G. Bernhardt

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