With all the criticism that we have given to our newly elected president, Donald J. Trump, perhaps today is a date in history that we might remember most about “The Donald”. History was made on Wall Street today, The Dow Jones Average closed above 20,000, 20,068.51 to be exact, up 155.80 points, with a volume of 88,952,240 shares traded, with a market value of 5.7 trillion dollars.

This was a far cry when three men, Charles Dow, Edward Jones, and Charles Bergstresser(silent partner) originated Dow Jones Average. Unlike working in a garage like Steve Jobs, and Steve Wozniak on the Apple1, they started Dow, Jones and Company in November, 1882, headquartered in the basement of a candy store. A year later the company started putting out an afternoon two page summary of the day’s financial news called the”Customer’s Afternoon Letter”. This eventually  grew in 1889 as what we so churchly read a “The Wall Street Journal”, just two cents an issue or five dollars for a yearly subscription.

From it’s first two page edition which it listed just just twelve American corporations, the American Cotton Oil Company, the American Sugar Company, American Tobacco Company, Chicago Gas Company, Distilling and Cattle Feeding Company, General Electric, Laclede Gas Company, National Lead Company, North American Company, Tennessee Coal, Iron and Railroad Company, U.S. Leather Company, and United States Rubber Company.

The original twelve Dow Jones Average companies were replaced and expanded many times to what we have in today’s record performance , the thirty components of theDow Jones Average: 3M, American Express, Apple, Boeing, Caterpillar, Chevron, Cisco Systems, Coca-Cola, DuPont, Exon-Mobil, General Electric, Goldman Sachs, The Home Depot, IBM, Intel, Johnson&Johnson, JPMorgan Chase, McDonalds’s, Merck,Microsoft, Nike, Pfizer, Procter&Gamble, Travelers, United Health Group, United Technologies, Verizon, Visa, Wal-Mart, and Walt Disney.

Certainly these crown jewels which comprise The Dow Jones Average might be the first positive thing that our King Donald has impressed me so far, I can only pray and hope there are much more achievements, that he can do as our previous presidents have done, is to listen and make their country proud. Unlike most Kings, he has just some four years to prove that he can take his place with his other forty four presidents.

Good Luck.