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AZJonnie

(2,988 posts)
12. Ooooh, the "stock market hit an all-time high", how impressive!
Thu Dec 11, 2025, 06:44 PM
Dec 11

So I just looked it up and downloaded end-of-date Dow values for the past 10 years.

Here's what I found:
The previous 'all-time record day' was November 12, 2025: 48254.82
Today's DOW closed at: 48704

So that's a nice increase over the previous high, to whit: 449.18, or a +0.093% increase over the previous high.

The overall % increase on a given all-time high day vs. previous all-time high day over this 10 year span was: +0.037%. So +0.093% is a somewhat impressively large increase vs the previous all-time day, a bigger increase than most, I'll concede that point.

HOWEVER, also of note: is that 'new all-time highs' have been set on 278 days out of the possible 3651 days, or 7.5% of days are a 'new all-time high', on average. Put another way, on average, there is a new 'all-time high' set every 13.1 days. It had been 29 days since the last 'all-time high' so he was off-track vs. average regularity of new highs, so a larger % increase than usual could be argued was 'due' (though that 13.1 days is a very generalized calculation that could be done another way with greater accuracy, but I'm not doing my college thesis here lol).

More importantly, when there's a new all-time high on average every 13 days for the past 10 years, how impressive is any one particular all-time high day, really?

And anyways, one could argue that stock prices are really not a particularly great indicator of how well 'the people' are doing, day-to-day. They're mostly a measure of 'corporate profits'. Which is, in many ways, a reflection of how much average people are getting gouged and sucked dry.





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