Lately the Dow Jones Industrial Average (DJINDICES:^DJI) is hitting a new record high almost every day, but is that a good sign for investors? The Motley Fool's Alison Southwick sat down with analyst Travis Hoium and found out that better indicators for investors may be employment trends and consumer confidence.

Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool recommends 3M. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.