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3 Predictions of Where the Dow Jones Industrial Average Could Finish in 2016 (and Why They're All Pr

DIA Dividend Yield (TTM) Chart
DIA Dividend Yield (TTM) Chart

When combining the downbeat global economy with the Dow Jones Industrial Average's reasonable price tag, I believe the index will trade more or less sideways during 2016. That leads me to predict that the index will finish 2016 at 17,616, which is exactly where it's trading now.

I can almost guarantee that the three forecasts in this article will be proven wrong in time, as the price of the Dow Jones Industrial Averages is always highly dependent on what kind of mood investors find themselves in at any given time. It's impossible to know how investors will be feeling at the end of 2016; therefore you should continue to focus on buying great companies at fair prices, and ignore any short-term price movements that the market may throw your way.

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The article 3 Predictions of Where the Dow Jones Industrial Average Could Finish in 2016 (and Why They're All Probably Wrong) originally appeared on Fool.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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