Dow Industrials Stock Price $26,743.50 +1.86 (0.25%)
Ideas, Updates & Analysis
On days like today, you may hear the phrase "Flight To Quality" or "Flight To Safety".
Flight To Quality/Safety refers to investors selling riskier investments and buying safer investments.
Without knowing anything else, it usually means the majority of the stock market is getting hammered.
All of a sudden, stocks that were doing well, sell off faster than investors like.
It's like we forget that stocks can go down.
Anyway, sometimes people go into panic mode and then the selling really gets going.
Today the Dow dropped 1,000 points which is almost 4%.
Dow plunges 1,033 points and sinks into correction
Looking at the chart, it's easy to see that we all got a little ahead of ourselves.
So what is a "safe" investment?
First of all, I am not referring to security companies like ADT.
There is always someone ready with that one.
In the stock market, when I think of safe stocks, I think of utility stocks.
These are low growth but high dividend paying stocks.
Specifically, I like to scan the Dow Utilities.
Depending on your investment strategy, owning one or more utility stocks or even a utility sector ETF may make perfect sense.
What do you think about "What Does Flight to Quality Mean?"?
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Thu, Feb 8, 2018 $DJI @ $23,860.46
Thu, Feb 8, 2018 XLU @ $47.56
Dow Industrials Stock Charts
The 5 year and 1 year stock charts are below.
50 Day Moving Average
The 50 Day Moving Average is at $25669.97 which is 4.18% below the stock price of $26743.50.
200 Day Moving Average
The 200 Day Moving Average is at 25013.28 which is 6.92% belowthe stock price of $26743.50.
Because both the 50 DMA and 200 DMA are below the current stock price, this can be considered a bullish technical indicator.
$DJI Stock Price
Below are a few key dates for the stock price.
Year To Date
The most recent stock price is $26743.50.
The Year To Date (YTD) return is +7.73%.
52 Week Low
The 52 Week Low stock price is $22219.11 set on Mon, Sep 25, 2017 which is 362 days ago.
The current price per share is 20.36% above the 52 week low.
52 Week High
The 52 Week High stock price is $26769.16 set on Fri, Sep 21, 2018 which is 1 days ago.
The current price per share is -0.10% below the 52 week high.
All Time High
The All Time High stock price is $26769.16 set on Fri, Sep 21, 2018 which is 1 days ago.
The current price per share is -0.10% below the all time high.