Dow Jones Daily Price Recap
The end of a 4 day positive run has come for Dow Jones, which finished yesterday down 0.13% ($32.23). Out of the 8 instruments in the 8 major global equity indices asset class, Dow Jones ended up ranking 7th for the day in terms of price change relative to yesterday. Below is a daily price chart of Dow Jones.
Dow Jones Technical Analysis
Volatility for Dow Jones has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 17 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Dow Jones:
- From docm77:
Did you not wonder, why Trump wasnot bragging about how the Stock Market recovers due to his genius work? No word about the dow jones in weeks.
He knows, if he raves on now, he will be fully exposed. His politcis has nothing to do with any positive economical developement in USA
- From walkafyre:
For background, the 4th picture is Fusion GPS’ bank records. We know that entry is a “Media Company” and based on other factors with the ledger I have been pretty sure it’s Dow Jones. “Credit” means the Media Company was PAYING Fusion GPS monthly from Feb 2016 through Jan 2017.
- From docm77:
But why is the Dow Jones recovering?The answer is: The FEDTrumps most hated enemy. The FED said, we will not let a crisis happen. The FED has unlimited money. That is what stabilizes the stock market atm. That saved the stock market from total collapse.
For a longer news piece related to INDU that’s been generating discussion, check out:
BREAKING: Futures Extend Gains The coronavirus stock market rally kicked into overdrive Monday, with the Dow Jones Industrial Average up 1% in afternoon trading….Even though JPMorgan, Walt Disney and Home Depot were the Dow Jones’ top gainers Monday, all three stocks aren’t market leaders at this point….The buy point is 180.10….Join IBD experts as they analyze actionable stocks in the coronavirus stock market rally on IBD Live AMD was one of the top-performing Leaderboard stocks Monday, up 1.5% to 57.11….AMD stock is one of several top performing semiconductor stocks according to IBD Stock Checkup.