Stock | Monthly Chart | Comments |
MMM | Extremely Oversold | Has moved deeper into the oversold ranges since our last analysis (Nov 30 Market update) |
AXP | Extremely Overbought | |
AAPL | Extremely Overbought | Plenty of room to pull back before it moves into the oversold ranges |
BA | Oversold | Very close to moving into the extremely oversold ranges |
CAT | Oversold | Very close to entering the extremely oversold Zone |
CVX | Overbought | |
CSCO | Extremely overbought | Relatively new Bearish MACD crossover |
KO | Extremely oversold | Holding up nicely and trending upwards. Dow players can use pullbacks to open positions |
DIS | Oversold | Could make for an interesting long term play |
DWDP | Extremely oversold | 50-52 ranges could be a good place to nibble at the stock |
XOM | Oversold | MACD’s in Bearish crossover |
GS | Oversold | MACD’s in Bearish crossover, likely to hit 160-165 before a bottom is in place Nov 30 market update. The stock traded in the above ranges and then bounced higher. The 160-165 ranges could be a good place to nibble at the stock. |
HD | Extremely oversold | Entering into the seasonally bullish period; 160-163 ranges are a good place to nibble at this play. |
IBM | Extremely oversold | Pattern is improving |
INTC | Overbought | |
JNJ | Oversold | Holding up very well, trending higher. A test of the 120 ranges without closing below this level on a monthly basis will be a bullish development |
JPM | Overbought | |
MCD | Extremely oversold | Unusually strong, trending upwards. Ideal entry points for an initial position 160-162 |
MRK | Neutral | Strong pattern |
MSFT | Insanely overbought | Bearish MACD crossover, potential shorting candidate for risk takers |
NKE | Insanely overbought | Bearish crossover in progress |
PFE | Overbought | |
PG | Extremely oversold | Bullish MACD crossover, and solid pattern |
TRV | Extremely oversold | $110 better; a good place to nibble |
UTX | Oversold | Close to trading towards the extremely oversold ranges |
UNH | Oversold | Moving towards the extremely oversold ranges, but the pattern is stable, the next bullish crossover could lead to an explosive move |
VZ | Neutral | Bullish MACD crossover in progress should continue trending to new highs |
V | Insanely overbought | Bearish MACD crossover, good shorting candidate for risk takers |
WMT | Oversold | Moving towards the oversold zone. 84-86 good place for a nibble |
WBA | Insanely oversold | Bullish MACD crossover, pattern improving. |
The Dow 30 stocks should be signaling all is not well, but?
We have three more stocks for a total of 18 that are now trading in the oversold to extremely oversold ranges since the last analysis. It, therefore, seems highly unlikely that the markets will crash under such conditions. The best plan, therefore, should be to switch the TV off as listening to the talking heads can only be viewed as a healthy thing if you like taking a hammer to your head.
Listen to music, watch a movie, read a book, and sip on your favorite drink. For when it is all said and done, which by the way it never is, for if this were true, the talking heads would keep quiet and focus on the phrase “silence is golden”. I digress, so when it is all said and done, these talking heads bring nothing new to the table; their best gift is to regurgitate verbal vomit and try to market it as something new.
Mass Psychology clearly advocates that stock market crashes are nothing but long term buying opportunities. Pull up a long term chart and you will be forced to arrive at the same conclusion. The Big player’s game strategy is to get individuals to focus on words such as bear market, crash, and end of the world, etc.; in doing so, the crowd focuses on the tree and forgets the forest.
Courtesy of Tactical Investor
Random Views on the Dow 30 stocks
Dow 30 Stocks: 2019 Comparative Performances And Prospects By Grant Henning, Ph.D.
Summary
2019 year-to-date, share-price-percentage gains for all 30 DJIA stocks.
Comparative 2019 dividend offerings for all 30 DJIA stocks.
Comparative 52-week momentum by relative strength, bounce/lag momentum, and regression residual methodologies.
Ranked summative prospects for Dow 30 stocks.
Looking for a portfolio of ideas like this one? Members of Value & Momentum Breakouts get exclusive access to our model portfolio. Start your free trial today »
This is a special contribution article by Prof. Grant Henning based on his published research on the BLM technical theory. The model and comments are expressly based on his own proprietary methodology and forecasts.
Comparative Analysis of Dow 30 Stocks
There is generally high interest in the performances of the 30 large-cap stocks comprising the Dow Jones Industrial Average. This is because these stocks are perceived as low risk, highly liquid, reliable holdings for long-term investors, pension funds, endowments, and hedge funds. Added to their promise of steady, low-volatile growth, is the prospect of dependable dividends. These benefits make these stocks ideal holdings for large-scale, low-risk investors.
Aggressive individual stock traders often shy away from these stocks because of the perception that such stocks are unlikely to produce the same high levels of growth that are available through some more volatile small-cap and micro-cap stocks. However, it will appear below that this perception is not always accurate. Clearly, some Dow 30 stocks do outperform many smaller cap stocks on the other major indices. Full Story
Dow Jones Stocks To Buy And Watch In April 2019
After a blistering two-month start to 2019, the Dow Jones industrials slowed its pace in March. But there are clear winners — and losers — at the end of the first quarter of 2019. Among the Dow Jones stocks, a number of members are in or near buy zones, including blue chip stock Apple (AAPL) and chip giant Intel (INTC).
Boeing (BA) was the top-performing Dow Jones stock through February with a scorching return of over 36%. But Boeing stock gave up its leadership mantle when it plunged over 13% in March, in the wake of the Ethiopian airplane crash.
Cisco Systems (CSCO), International Business Machines (IBM), United Technologies (UTX) and Apple are the top four performers through the first quarter.
On the downside, the bottom three stocks through the first quarter are Walgreen Boots Alliance (WBA), Pfizer (PFE) and Coca Cola (KO). Since the start of the year, the three Dow Jones stocks are down 7.4%, 2.7% and 1%, respectively.
Year to date, the Dow Jones industrials have gained 11% through March after trading mostly unchanged for the month. The tech-heavy Nasdaq composite and S&P 500 index are up 16.5% and 13.1% through the March 29 close, respectively. Full Story
The 5 Best Dow Jones Stocks to Buy Now
Despite all the pundit noise and hate, the Dow Jones Industrial Average is still a wonderful place to find great stocks and big-time dividends. The thirty Dow Jones stocks are still powerhouses in their respective fields and feature enviable moats, large cash flows and big-time profits. With the Dow 30, you really are getting the top dogs of America’s economic landscape.
There’s a reason why nearly $20.2 billion still sits in the SPDR Dow Jones Industrial Average ETF (NYSEARCA:DIA), and that’s because the index remains a pretty solid collection of blue-chip stocks.
But not all thirty stocks in the Dow Jones index are big buys at the current moment. Some — be glad you didn’t buy General Electric Company (NYSE:GE) when it was still in the Dow 30 — are actually lousy to purchase in today’s market.
With that in mind, here are five of the best Dow Jones stocks to buy right now! Full Story