The Dow Jones Industrial Average (DJIA) is up on thin margins for Monday, trading on the high side of 38,500.00 as its counterpart indexes are slightly softer on the day.
The Dow Jones is the best of the indexes on Monday. S&P 500, NASDAQ slightly in the red as Dow Jones holds steady. Markets gear up for US CPI inflation on Tuesday. The Dow Jones Industrial Average is up on thin margins for Monday, trading on the high side of 38,500.00 as its counterpart indexes are slightly softer on the day.
remains down from all-time peaks above 39,200.00 set in February, but a near-term floor sees the index trading north of the 50-day Simple Moving Average at 38,295.00. The as it affects the cost of credit, on which many corporations are heavily reliant. Therefore, inflation can be a major driver as well as other metrics which impact the Fed decisions. What is Dow Theory? Dow Theory is a method for identifying the primary trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Average and the Dow Jones Transportation Average and only follow trends where both are moving in the same direction.
. One is to use ETFs which allow investors to trade the
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