The Dow Theory Holds That a Change in the Primary

question 111

Multiple Choice

The Dow theory holds that a change in the primary trend has occurred when a rise or fall in the Dow Jones Industrial Averages is confirmed by a similar movement in

• A) the S&P 500 Index.
• B) the Dow Jones Transportation Average.
• C) the market volatility index (VIX).
• D) the NASDAQ 100 Index.

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Definitions:

Buys Time

A phrase meaning to delay an event or decision in order to gain more time to make a better decision or prepare.

Ethical Action

Conduct or decisions made based on moral principles and values, typically reflecting what is considered right or acceptable behavior.

Corporate Governance

The system of rules, practices, and processes by which a company is directed and controlled, focusing on balancing the interests of its various stakeholders.

Corporate Responsibility

The ethical and moral obligation of companies to consider the impacts of their activities on stakeholders and the environment.