June 8 Dow Jones Strong and Weak Daily Scan

Jun 8, 2015: 5:21 PM CST

At the end of the day, it’s helpful to look back on the strongest and weakest stocks in the Dow.

Were there pockets of strength?  Overall weakness?

Was there a stand-out company that may be an opportunity tomorrow?

Let’s answer these questions and more with today’s colorful scan!

The scan is customized from Trade-Ideas, a service of which I’m a proud affiliate and recommend, for active intraday traders.

Today, seven Dow stocks advanced during today’s strong sell session, and the strength was similar in Dupont (DD), Proctor and Gamble (PG), Exxon Mobil (XOM), and United Health (UNH).

Stocks closing at the low-point of their range today include Johnson and Johnson (JNJ), American Express (AXP), and Wal-Mart (WMT).

I charted Wal-Mart and Exxon-Mobil last week – be sure to take a look at the “Weak Stocks in the Dow” post.

The scan from Trade-Ideas isn’t just a simple “percentage change” filter.

It’s a custom grid that highlights intraday range and sorts by the price close at the top of (green) and bottom of (red) the intraday range.

It’s more revealing than a simple percentage change scan.

Note these stocks and any additional strength or weakness that may carry over into tomorrow’s session.

Enjoy more detailed scans with members of the Afraid to Trade Premium Membership for real-time updates and additional trade planning.

Corey Rosenbloom, CMT
Afraid to Trade.com

Follow Corey on Twitter: http://twitter.com/afraidtotrade

Corey’s book The Complete Trading Course (Wiley Finance) is now available along with the newly released Profiting from the Life Cycle of a Stock Trend presentation (also from Wiley).

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