STOCK INDEX CURVES
7/8/1932  Low 09/04/15  Current
11878  Numerical date  42251  Numerical date
Two stock market crashes divided by the value in the peak year minus 7.
DJIA means from Value Line Publishing, Inc. 1992 covering 1920-1991.
DJIA on 7/8/1932 was 41.22 giving an average growth rate of       7.18  % per year compounded to date.
DJIA first at 1000 on 11/14/1972 (26617) and 14,000 on 7/19/2007 (39282) giving 7.91% per year compounded.
Most published plots cover only one year, which fuels speculation. Any useful plot should cover at least ten years.
Brokers love speculators because brokers make more on frequent traders than on investors.
Year 1929 DJIA 1999 DJIA SP500 NASD 1929 Relative
Relative Peak Mean Peak Close Close Close DJ29 DJIA SP500 NASD 7%/yr 5%/yr 3%/yr
-9 1920 90.0 1990 2,633.66 330.22 373.84 0.97 0.80 0.76 0.55
-8 1921 73.0 1991 3,168.83 417.09 586.34 0.78 0.96 0.96 0.87
-7 1922 93.0 1992 3,301.11 435.71 676.95 1.00 1.00 1.00 1.00 1.00 1.00 1.00
-6 1923 94.0 1993 3,754.09 466.45 776.80 1.01 1.14 1.07 1.15 1.07 1.05 1.03
-5 1924 100.0 1994 3,834.44 459.27 751.96 1.08 1.16 1.05 1.11 1.14 1.10 1.06
-4 1925 134.0 1995 5,117.12 615.93 1,052.13 1.44 1.55 1.41 1.55 1.23 1.16 1.09
-3 1926 152.0 1996 6,448.27 740.74 1,291.03 1.63 1.95 1.70 1.91 1.31 1.22 1.13
-2 1927 175.0 1997 7,908.25 970.43 1,570.35 1.88 2.40 2.23 2.32 1.40 1.28 1.16
-1 1928 227.0 1998 9,181.43 1,229.23 2,192.69 2.44 2.78 2.82 3.24 1.50 1.34 1.19
0 1929 311.2 1999 11,497.12 1,469.25 4,069.31 3.35 3.48 3.37 6.01 1.61 1.41 1.23
1 1930 236.3 2000 10,787.99 1,320.28 2,470.50 2.54 3.27 3.03 3.65 1.72 1.48 1.27
2 1931 138.6 2001 10,021.50 1,148.08 1,950.40 1.49 3.04 2.63 2.88 1.84 1.55 1.30
3 1932 64.6 2002 8,341.63 879.82 1,335.51 0.69 2.53 2.02 1.97 1.97 1.63 1.34
4 1933 83.7 2003 10,453.92 1,111.92 2,003.37 0.90 3.17 2.55 2.96 2.10 1.71 1.38
5 1934 98.3 2004 10,783.01 1,211.92 2,175.44 1.06 3.27 2.78 3.21 2.25 1.80 1.43
6 1935 120.0 2005 10,717.50 1,248.29 2,205.32 1.29 3.25 2.86 3.26 2.41 1.89 1.47
7 1936 162.2 2006 12,463.15 1,418.30 2,415.29 1.74 3.78 3.26 3.57 2.58 1.98 1.51
8 1937 166.4 2007 13,264.82 1,468.36 2,652.28 1.79 4.02 3.37 3.92 2.76 2.08 1.56
9 1938 132.4 2008 8,776.39 903.25 1,577.03 1.42 2.66 2.07 2.33 2.95 2.18 1.60
10 1939 142.7 2009 10,428.05 1,115.10 2,269.15 1.53 3.16 2.56 3.35 3.16 2.29 1.65
11 1940 134.7 2010 11,577.51 1,257.64 2,652.87 1.45 3.51 2.89 3.92 3.38 2.41 1.70
12 1941 121.8 2011 12,217.56 1,257.60 2,605.15 1.31 3.70 2.89 3.85 3.62 2.53 1.75
13 1942 107.2 2012 13,190.84 1,430.15 3,021.01 1.15 4.00 3.28 4.46 3.87 2.65 1.81
14 1943 134.8 2013 16,576.66 1,848.36 4,176.59 1.45 5.02 4.24 6.17 4.14 2.79 1.86
15 1944 143.3 2014 17,823.07 2,058.90 4,736.05 1.54 5.40 4.73 7.00 4.43 2.93 1.92
16 1945 169.8 2015 16,102.38 1,921.22 4,683.92 1.83 4.88 4.41 6.92 4.74 3.07 1.97
17 1946 191.6 2016 2.06 5.07 3.23 2.03
18 1947 177.6 2017 1.91 5.43 3.39 2.09
19 1948 179.9 2018 1.93 5.81 3.56 2.16
20 1949 179.5 2019 1.93 6.21 3.73 2.22
Rates 2.47 7.00 5.00 3.00
Index DJ29 DJIA SP500 NASD DJ29 DJIA SP500 NASD 7%/yr 5%/yr 3%/yr