Dow Jones Industrial Average: Here's How To Trade Them
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, 02-23-2016 at 03:50 AM (1237 Views)
The Dow Jones Industrial Average ended Friday with a decline of 5.9% year-to-date and still in correction territory 10.7% below its all-time high of 18,351.36 set on May 19.
The Dow is up 6.1% since setting its 2016 low of 15,450.56 on Jan. 20. Only one of the eight “Dogs of the Dow” is lagging the Dow since setting their 2016 lows and five have gains between 13.8% and 16.1%. Four of the eight have gains year–to-date led by Verizon, with a gain of 10%. All four with loses year-to-date are outperforming the average. Excluding any dividend payments, the “Dogs of the Dow” portfolio is up 1% year-to-date.
Here’s a scorecard for the “Dogs of the Dow” followed by the latest weekly charts, and the key trading levels from my proprietary analytics.
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