The Dow Jones Industrial Average closed at 17897 on 4/15/16, as the stock market traded slightly lower. The stock market had a great week but will now hit some major resistance, especially the S&P 500 close to 2100.
4 stocks holding the DJI back: GS ,AAPL, AXP, DIS There are much more stocks pushing the DJI up but top 4 would be: HD, MCD, V, JNJ
HD, MCD, V and JNJ are the strogest stocks on the DJI. There are more positive stocks, yet, thesefour are the strongest. These stocks are making new historical highs and they were the main force behind the DJI recovery - see the charts below. The other four stocks are the four worst stocks which made the smallest recovery from the recent correction. These stocks have posititive sentiment as of now, yet, their recovery was far behind of other DJI stocks - seethe charts below: charts courtesy of http://www.marketvolume.com
The Dow Jones Industrial Average closed at 18004 on 4/18/16, as the stock market traded gapped down and then broke out to a new 2016 high. The stock market continues to soar after the January/February crash. Expect the Federal Reserve to raise rates in June.
The Dow Jones Industrial Average closed at 18050 on 4/19/16, as the stock market traded up to a new 2016 high. The stock market continues to soar after the January/February crash. Expect the Federal Reserve to raise rates in June.
The Dow Jones Industrial Average closed at 18117 on 4/20/16, as the stock market traded up to a new 2016 high. The stock market continues to soar after the January/February crash. Expect the Federal Reserve to raise rates in June.
The Dow Jones Industrial Average closed at 17991 on 4/21/16, as the stock market hit a short term top this week. We could be getting ready for a spring/summer pullback so I'd be selling up here.
The Dow Jones Industrial Average closed at 18004 on 4/22/16, as the stock market hit a short term top this week. We could be getting ready for a spring/summer pullback so I'd be selling up here. Keep an eye on earnings from Apple (AAPL) on Tuesday night.