These Six Stocks Are Leading The Dow Jones Industrial Average Higher

From Corey Rosenbloom: With the Dow Jones Industrial Average (DJIA) breaking to new all-time highs, let’s take a look at the six surging stocks in the Dow Jones:

Our principle is that stocks which are strong tend to get stronger.

That’s why we report the results of relative strength and strongly trending stocks to members.

Right now, these six stocks are not just uptrending, but surging with the most recent market breakout:

  • Caterpillar (CAT) – Up over 12% in the past five sessions on big earnings beat.
  • Home Depot (HD) – Up 4.75% in the last five sessions, leading up to earnings coming on 5/26.
  • McDonalds (MCD) – Up 6.2% in the past five trading sessions, with a big earnings bump on Tuesday this week.
  • 3M (MMM) – Up 9% year-to-date.
  • Microsoft (MSFT) – Up 7.25% year-to-date.
  • United Technologies (UTX) – Up 9% year-to-date.

Focus on these and similarly strong stocks for swing trading candidates, as some are bound to snap back down to earth at some point soon.

The SPDR Dow Jones Industrial Average ETF (NYSE:DIA) fell $0.06 (-0.03%) in premarket trading Thursday. Year-to-date, DIA has gained 6.06%, versus a 6.65% rise in the benchmark S&P 500 index during the same period.

DIA currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #4 of 75 ETFs in the Large Cap Value ETFs category.


This article is brought to you courtesy of AfraidToTrade.com.

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