Friday, January 7, 2011

Dow vs S&P 500

Considering that the Dow contains only 30 stocks and is a bizarre price weighted index, it does a surprisingly good job of tracking the S&P500.  That is unless if you don't consider the past month or so.  Turns out that the Dow has been lagging the S&P 500 by quite a margin.
Felix Salmon has the details