There are four Dow components that are trading at or below last weeks lows. Is this something to be concerned about?
IBM, MCD, JNJ and MRK have a combined weighting of 23.48% Dow Jones Industrial Average ETF (DIA).
International Business Machines (IBM)
Johnson & Johnson (JNJ)
Merck & Co (MRK)
Traders should apply the Seven Steps to Better Stock Trading. It is important to determine if there is a trend. One way to do it is to use my Total Indicator for eSignal. It’s free!