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DOW JONES

    DOW JONES: 27-02-2016

DOW JONES: 27-02-2016

Dow Jones made 30 year record high on Friday and there are possibilities that it can move up further towards the north.  Analysts are of different views on valuations on DOW.  At present stocks are trading 18 times forward earnings estimate which is above the historical level of 15 times

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    DOW JONES: 20-02-2017

DOW JONES: 20-02-2017

DOW JONES There is strong possibility that US FED will increase interest rate very soon because the macro-economic data’s which are coming out is suggesting strong economic growth of the US economy.  The latest data of US initial jobless claims was above market analyst expectation, jobless claim increased by 5000

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    DOW JONES:13-02-2017

DOW JONES:13-02-2017

Dow Jones is bullish and according to charts it could scale above 20725.  The macro economic data like US initial jobless claims dropped to a nearly 43 year low support the market.  Many analysts are on the view that US stocks are not expensive and this could attract many investors

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    DOW JONES: 06-02-2017

DOW JONES: 06-02-2017

Dow Jones is looking bullish and it is likely to test 20691 and having support at 19700. US Federal Reserve has not mention on next rate hike is a positive news for the DOW.  The latest data on US non- farm payroll increased by 22,7000 in January higher than market

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    DOW JONES: 30-01-2017

DOW JONES: 30-01-2017

Dow Jones is poised to move above 20167 and later in the days of the week it can even move towards 20585.  Support for the US Dow Jones is at 19905. The latest GDP numbers were below street expectation can cause minor technical corrections.  Analysts were expecting 2.2% growth in

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    DOW JONES: 23-01-2017

DOW JONES: 23-01-2017

DOW JONES Dow Jones is looking very strong and it is likely to test 20008 and 20476 in the near term. Support can arise at 19759. US Manufacturing PMI, Initial Jobless Claims, Continuing Jobless claims, US GDP Growth are the key data’s which are due next week from US. Industrial

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    DOW JONES: 16-01-2017

DOW JONES: 16-01-2017

DOW JONES American stock markets are looking very positive, S&P 500 VIX is also falling and it is at 11.23 on Friday. The lower VIX suggests further up move to continue in the later days. Dow Jones has support at 19783 and facing resistances at 20008 and 20337. American stock

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    DOW JONES: 01-01-2017

DOW JONES: 01-01-2017

Dow Jones is bullish but it is slightly overbought and we can expect minor corrections in the days to come.  Tensions between China and US is also a cause of concern for the equity investors.  US jobless claims declined by 10,000 to 265000 last week is positive.  But US trade

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    DOW JONES: 26-12-2016

DOW JONES: 26-12-2016

As expected Dow Jones is making new highs every day, but higher level profit booking trimmed most of its gains due to overbought situation.  Dow Jones is still bullish and has resistances at 19992 and 20251.  Dow has support at 19816 and 19734.  S&P 500 VIX is also suggesting further

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    DOW JONES:19-12-2016

DOW JONES:19-12-2016

Dow Jones is on a bullish mode, it is in the overbought zone.  The daily charts and weekly charts and even the monthly charts are indicating overbought situation.  Dow has support at 19659 and there are possibilities that it could test this level in the short term.   After the testing

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