DOW 30 Thus Far

Below we provide our trading range screen for the 30 stocks in the Dow Jones Industrial Average.  The last time we posted this screen on August 3rd, nearly all of the 30 stocks in the index were oversold.  Currently there are just 3 stocks that are oversold (Hewlett Packard, Travelers and AT&T), and 2 stocks (Coca-Cola and McDonald's) are actually overbought.  Cisco (CSCO), Kraft Foods (KFT), Microsoft (MSFT), Procter & Gamble (PG) and Wal-Mart (WMT) are all trading above their 50-day moving averages, and they have shown strength over the past week.  In fact, nearly all stocks have gotten stronger over the past week.  Just two stocks have gotten weaker -- Home Depot (HD) and AT&T (T).





http://www.bespokeinvest.com/thinkbig/2011/9/1/dow-30-trading-range-screen.html