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Dow Jones Bulls Lock Horns At Resistance Level: What's Next For Blue-Chip Gauge?
Monday, August 28, 2023 - 5:08pm | 755The Dow Jones Industrial Average kicked off the new week positively, surging 0.6% and matching Friday’s gain. Yet the inability to overcome a crucial technical resistance that is proving much more challenging than anticipated is starting to generate nervousness and apprehension among the...
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Dow Jones Struggles Beneath 50DMA Resistance: Are Bears Taking Control?
Monday, August 21, 2023 - 4:36pm | 478The Dow Jones Industrial Average finds itself ensnared below a critical threshold and wrestling to regain its footing Monday. Having breached the support of its 50-day moving average during Thursday’s session, the blue-chip index, as closely tracked by the SPDR Dow Jones Industrial Average...
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Michael Burry's Bold $1.6 Billion Gamble - Deciphering The Iconic Investor's Market Crash Bet Amidst A 500-Point Dow Jones Plunge
Thursday, August 17, 2023 - 9:38am | 465Michael Burry has placed a $1.6 billion bet on a potential stock market crash, making up 90% of his firm's portfolio. Burry previously earned $100 million in 2008 by accurately predicting the US housing market collapse. Recently, the Dow Jones saw a decline of 500 points in just two days,...
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Dow's 12-Day Winning Streak Enters Record Books In Rarity Seen Only Twice Post-WWII
Tuesday, July 25, 2023 - 4:49pm | 611The Dow Jones Industrial Average Index extended its impressive winning streak, closing positively for the twelfth consecutive session on Tuesday and reaching a peak of 35,438 points, the highest since April 21, 2022. Such an exceptional 12-day winning streak for the Dow has only occurred twice in...
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Dow Jones Extends Winning Run To 11 Sessions: History Suggests Investors Should Stay Vigilant
Monday, July 24, 2023 - 4:31pm | 458With the closing bell on Monday, the Dow Jones Industrial Average, as tracked by the SPDR Dow Jones Industrial Average ETF (NYSE:DIA), achieved its eleventh consecutive positive session, rising by 0.52% and breaking above 35,400 points. This marks the Dow’s longest winning streak since...
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Dow Jones Hits Milestone: 10th Straight Day In Green, Longest Winning Streak Since 2017
Friday, July 21, 2023 - 4:29pm | 685The Dow Jones Industrial Average (DJIA) recorded its tenth consecutive positive session Friday, marking the index’s longest winning streak since August 2017. The blue chip index had only gained 0.01% at the end of the trading day Friday, highlighting the suspenseful nature of this...
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AI, Big Tech And Blue Chips: These 3 Charts Signal Shift In The Market
Thursday, July 20, 2023 - 4:40pm | 979Thursday’s market session has showcased intriguing twists that caught the attention of keen investors and that could potentially signal a narrative shift. Tech giants, typically at the forefront of market gains, faced a sudden downturn, while the Dow Jones Industrial Average continued to...
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8 Dow Jones Stocks Were Up Double Digits In The First Half Of 2023. Here's The List And What's Ahead.
Saturday, July 1, 2023 - 12:18pm | 1004The Dow Jones Industrial Average is up in the first six months of 2023, a rebound from a negative return in 2022. Through the first six months, 15 stocks of the 30 stocks that make up the composite index are up and 15 are down. Here’s a look at the biggest gainers in the first half of...
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15 Stocks Up, 15 Stocks Down: A Look At The Dow Jones Industrial Average Halfway Through 2023
Friday, June 30, 2023 - 12:06pm | 905The stock market rebounded in 2023 with top indexes trading higher after 2022, which saw market declines. Many top technology stocks are among the biggest leaders with Apple Inc (NASDAQ: AAPL) and Microsoft Corp (NASDAQ: MSFT) carrying the S&P 500 higher. Here’s a look at how the Dow...
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Discovering The Top Dogs: A Guide To Woofing Up Your Returns With Dogs Of The Dow Investing
Tuesday, June 20, 2023 - 2:21pm | 1326The Dogs of the Dow What is it? The Dogs of the Dow is an investing strategy that focuses on investing in the top 10 highest dividend-yielding stocks in the Dow Jones 30 index every single year. The Dow Jones Industrial Average Index, also known as The DIJA or just “The Dow”, is an...
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Dow Jones Index Falls Below 200-Day Moving Average As Selling Pressure Mounts: What's Next For The Blue Chips?
Tuesday, March 28, 2023 - 3:28pm | 503The Dow Jones Industrial Average slipped in the March 28 session as selling pressure intensified, pushing the index narrowly below the support of the 200-day moving average located at 32,356 points. Over the past two weeks, the Dow has battled fiercely up and down with the 200-dma, which...
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War, Inflation, Fed Hawkishness, Elon Musk's Twitter Buy: How These Factors Weighed On Cathie Wood's Top Holdings In 2022
Monday, January 2, 2023 - 3:51am | 784In 2022, financial markets witnessed one of the worst routs in history, dragged by the war in Ukraine, rising inflation and subsequent hawkish policies deployed by central banks. What Happened: Pessimism was so rampant that it dragged the Dow Jones by over 9% and the S&P 500 by over 19%. In the...
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10 Highest-Yielding Dow Jones Stocks Heading Into 2023
Thursday, December 29, 2022 - 8:10pm | 705The stock market had a rough 2022 with many of the top indexes down double digits. Among the stock indexes that were down was the Dow Jones Industrial Average. With declining prices, dividend yields on many of the components are up heading into the new year. Here’s a look at the top-...
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Is Market Open Today, The Day After Christmas?
Monday, December 26, 2022 - 2:24am | 403U.S. markets will remain closed on Monday as an observed holiday for Christmas. What Happened: Last week, major indices posted mixed performance while missing the much-awaited Santa Claus rally. The Nasdaq Composite lost 1.96% in the last five days while the Dow Jones ended 0.86% higher. The S&...
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Treasury Yields Have Started Falling, Can The Markets Breath A Sigh Of Relief?
Wednesday, December 7, 2022 - 7:02pm | 549Yields on treasury notes are pulling back from their 2022 highs, while the stock market appears to be recovering from its 9-month-long bear run. The yield on the 3-year treasury hovers just below the 4% mark, down 14% from this year's peak in mid-October and early...