5 Dow Jones Stocks to Track If Market Corrects

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks Analysis by MarketBeat.com (Kate Stalter) covering: S&P 500, Dow Jones Industrial Average, Microsoft Corporation, SPDR® Dow Jones Industrial Average ETF Trust. Read MarketBeat.com (Kate Stalter)'s latest article on Investing.com

Keeping a watchlist during market downturns is crucial, as stocks that weather corrections best often lead in the next rally.Dow Jones Industrial Average

Additionally, the Dow is price-weighted, meaning higher-priced stocks have more influence, potentially distorting its representation. That’s a bit of an archaic way to weigh an index, as a stock's price does not necessarily reflect its quality or value. The stock is forming a consolidation below its July 18 high of $366.78 and closed on October 31, 3.3% above its 50-day moving average.

Amgen stock is still outperforming 89% of stocks on the market, going by its relative strength versus the broader S&P 500UnitedHealth Group’s chart shows a stock getting solid support as it pulled back to its 21-day moving average. The stock gapped up 1.05% on October 31 as the broader market staged a wide rally.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow's 100-point rally led by gains in Microsoft, Intel stocksSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Source: MarketWatch - 🏆 3. / 97 Read more »

November is typically the best month of the year for these 4 Dow stocksOctober was a bleak month for the stock market, but history says that there could be relief in store for at least these four Dow Industrial companies.
Source: CNBC - 🏆 12. / 72 Read more »

Dow books worst October since 2020 as U.S. stocks close higher Tuesday before Fed decisionChristine Idzelis is a markets reporter at MarketWatch and is based in New York.
Source: MarketWatch - 🏆 3. / 97 Read more »