Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.
Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility
2021-05-18 20:30:00
Peter Hanks,
Strategist
Dow Jones Price Outlook:
The Dow Jones remains above an important trendline from March 2020
Nevertheless, the bullish outlook could fall under threat if bearish price action sparks a trendline break
Dow Jones Price Forecast: Broader Uptrend Remains Intact Despite Volatility
The Dow Jones has been an outstanding performer among the three US indices over the last few months as the ongoing reflation trade helps to bolster many of its constituents. The same forces that have helped drive the Dow higher have worked to cripple the high-flying technology stocks of the Nasdaq 100 and many leaders of the S&P 500. As a result, the Dow Jones is the only index among them that remains above its broader uptrend and it could help the index avoid deeper declines if volatility continues.
Dow Jones Forecast: Three Dow Stocks to Watch in the Week Ahead
2021-01-21 21:05:00
Peter Hanks,
Strategist
Dow Jones Price Outlook:
Earnings season is underway and key tech leaders are set to report next week
A strong early performance from Netflix helped to boost tech sentiment ahead of reports from Microsoft, Apple and Facebook
Dow Jones Forecast: Three Dow Stocks to Watch in the Week Ahead
The Dow Jones, Nasdaq 100, S&P 500 and Russell 2000 trade at or near record levels, despite turbulent market conditions last week and lingering bouts of risk aversion this week. With sentiment seemingly at a crossroad, upcoming quarterly reports from some of the market’s largest and most influential companies could play an impactful role in where the indices head next. While a plethora of corporations are due to report next week, the three listed below are set to be some of the most impactful for a variety of reasons.