21
PRICE: THE MAJOR AVERAGES
Questions
Subjects to Be Covered
Types of averages and indexes
Dow Jones Utilities and their relationship to the Industrials
The Value Line as a market indicator
Nature of the Russell Indexes
Global indexes (ETFs) and bond ETFs
1. True or false: The S&P Composite is an unweighted index.
A. True
B. False
2. The DJIA:
A. Is a composite index
B. Is a measure of 30 different stocks from all the principal industries
C. Uses a divisor in its calculation
D. All of the above
3. Fill in the blanks: The DJ Utility Average is i_____ sensitive. This means that it often l_____ the Industrials.
4. Which moving average did William Gordon use in his calculation for the DJIA?
A. 25-week
B. 12-month
C. 45-week
D. 40-week
5. Why is ...
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